Viant Technology Inc. operates a cloud-based demand side platform (DSP) that enables the programmatic purchase of digital advertising across multiple channels, including connected TV (CTV), streaming audio, digital out-of-home, mobile, and desktop. It provides ViantAI, an artificial intelligence product suite; Holistic, Omnichannel DSP, an integrated platform that manages omnichannel campaigns and access metrics; Household ID, which combines digital and personal identifiers into a normalized household profile; IRIS_ID, a content identifier that allows partners to share video-level data to power planning, targeting, and measurement solutions in ad-supported streaming media; and Viant Data Platform, which offers the ability to integrate first-party data with data from top third-party data providers to obtain key insights, reporting, and attribution opportunities. The company also offers Direct Access, a supply path optimization program that creates a direct path to premium inventory; Advanced Reporting and Measurement that offers conversion lift, multitouch attribution, foot-traffic data reports, digital-out-of-home lift, sales reporting, and ROAS analytics; and Flexible Customer Engagement Model, which offers customers transparency and control over their advertising campaigns and underlying data infrastructure. The company sells its platform through a direct sales team focused on business development in various markets. It serves purchasers of programmatic advertising inventory and large, independent, and mid-market advertising agencies, as well as marketers. The company was formerly known as Interactive Media Holdings and changed its name to Viant Technology Inc. in January 2015. The company was founded in 1999 and is headquartered in Irvine, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $344M | $31M | $8M | $34M | 2.9% | 19.0% | 253.6% |
| 2024 | $289M | $20M | $2M | $34M | 0.9% | 29.7% | - |
| 2023 | $223M | $-4M | $-3M | $24M | -1.3% | 13.1% | - |
| 2022 | $197M | $-36M | $-12M | $-12M | -4.5% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 197.17 | 222.93 | 289.24 | 344.20 |
| Cost Of Revenue | 116.72 | 120.48 | 157.16 | 186.62 |
| Gross Profit | 80.44 | 102.45 | 132.07 | 157.59 |
| Operating Expense | 129.70 | 120.75 | 128.59 | 145.51 |
| Operating Income | -49.26 | -18.30 | 3.48 | 12.08 |
| EBITDA | -36.13 | -3.56 | 19.94 | 30.78 |
| EBIT | -49.26 | -18.30 | 3.48 | 12.08 |
| Pretax Income | -48.09 | -9.79 | 12.70 | 10.13 |
| Tax Provision | 0 | 0.15 | 0.25 | -13.96 |
| Net Income | -11.91 | -3.44 | 2.36 | 8.35 |
| Net Income Common Stockholders | -11.91 | -3.44 | 2.36 | 8.35 |
| Total Expenses | 246.43 | 241.23 | 285.76 | 332.12 |
| Interest Expense | 0 | 0 | 0 | 0 |
| Research And Development | 21.29 | 24.76 | 23.74 | 30.53 |
| Selling General And Administration | 108.41 | 96 | 104.85 | 114.97 |
| Normalized EBITDA | -36.13 | -3.56 | 19.94 | 30.78 |
| Normalized Income | -11.91 | -3.44 | 2.36 | 8.35 |
| Basic EPS | -0.84 | -0.23 | 0.15 | 0 |
| Diluted EPS | -0.84 | -0.23 | 0.14 | 0 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0 | 0.21 | 0.02 | 0.21 |
| Total Unusual Items | 0 | 0 | 0 | 0 |
| Total Unusual Items Excluding Goodwill | 0 | 0 | 0 | 0 |
| Net Income From Continuing Operation Net Minority Interest | -11.91 | -3.44 | 2.36 | 8.35 |
| Reconciled Depreciation | 13.13 | 14.73 | 16.46 | 18.70 |
| Reconciled Cost Of Revenue | 116.72 | 120.48 | 157.16 | 186.62 |
| Net Interest Income | 1.48 | 8.59 | 9.23 | 6.10 |
| Net Income From Continuing And Discontinued Operation | -11.91 | -3.44 | 2.36 | 8.35 |
| Total Operating Income As Reported | -49.26 | -18.30 | 3.48 | 12.08 |
| Diluted Average Shares | 14.19 | 15.22 | 20.47 | 0 |
| Basic Average Shares | 14.19 | 15.22 | 16.22 | 0 |
| Diluted NI Availto Com Stockholders | -11.91 | -3.44 | 2.90 | 24.10 |
| Average Dilution Earnings | 0 | 0 | 0.54 | 15.74 |
| Minority Interests | 36.18 | 6.50 | -10.09 | -15.74 |
| Net Income Including Noncontrolling Interests | -48.09 | -9.94 | 12.45 | 24.10 |
| Net Income Continuous Operations | -48.09 | -9.94 | 12.45 | 24.10 |
| Other Income Expense | -0.31 | -0.09 | -0.01 | -8.05 |
| Other Non Operating Income Expenses | -0.31 | -0.09 | -0.01 | -8.05 |
| Special Income Charges | 0 | 0 | 0 | 0 |
| Other Special Charges | 0 | 0 | 0 | 0 |
| Net Non Operating Interest Income Expense | 1.48 | 8.59 | 9.23 | 6.10 |
| Total Other Finance Cost | -1.48 | -8.59 | -9.23 | -6.10 |
| Interest Expense Non Operating | 0 | 0 | 0 | 0 |
| Selling And Marketing Expense | 63.96 | 50.65 | 53.75 | 64.80 |
| General And Administrative Expense | 44.45 | 45.34 | 51.10 | 50.17 |
| Other Gand A | 44.45 | 45.34 | 51.10 | 50.17 |
| Operating Revenue | 197.17 | 222.93 | 289.24 | 344.20 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Viant Technology Inc.this co. | DSP | $678M | 29.47β discount | 2.27 | 2.9% | 7.33 |
| AMBQ | AMBQ | $742M | - | 3.92 | -22.4% | -18.54 |
| Daily Journal Corporation | DJCO | $730M | 7.82 | 1.90 | 28.7% | 21.31 |
| NETGEAR, Inc. | NTGR | $708M | - | 1.45 | -3.6% | -25.07 |
| Sabre Corporation | SABR | $707M | 1.37 |
| -0.68 |
| -49.9% |
| 13.74 |
| Kopin Corporation | KOPN | $700M | 393.00 | 10.86 | 3.6% | -47.38 |
| i3 Verticals, Inc. | IIIV | $682M | 279.88 | 1.41 | 3.5% | 25.50 |
| VTEX | VTEX | $656M | 35.00 | 2.85 | 8.6% | 22.32 |
| Mitek Systems, Inc. | MITK | $617M | 38.89 | 2.64 | 3.7% | 14.70 |
| Peer Median | - | 36.94 | 2.27 | 3.5% | 14.22 | |