Viant Technology Inc.

DSP Technology Software Application

Viant Technology Inc.’s revenue for fiscal 2025 (year ended December 2025) was $344.2 million, up 19.0% from fiscal 2024.

Revenue
+33.9%
EPS
−150.0%
Free cash flow
+38.8%

Quarter to June 2026, against a year earlier

12.85 0.20 +1.58%
Market cap
$841.2M
P/E
25.3×
Fwd P/E
62.4×
Dividend yield
—
F-score
6/9
Altman Z
1.73
Beneish M
−2.46
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 9.53
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 7 4 3 4 6 4 8 5 1 1 1 —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 841.21
Revenue ttm 388.50
Net income ttm 21.59
Free cash flow ttm 47.74
Net debt Q (193.05)
Valuation
P/E 25.31
Forward P/E 62.40 (above 35: high)
Price / sales 0.65
Forward P/S Powerpack
Price / FCF 5.33
Price / book 0.80
Financial health
Current ratio Q 2.34 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (0.86)
Growth
Revenue growth Q +33.91% (above 0%: growing)
Operating income growth Q −32,200.00% (below 0%: shrinking)
EPS, this year −50.41% (below 0%: weak)
EPS, next year A +75.68% (at or above 15%: strong)
Revenue, next year A +28.59% (at or above 10%: strong)
EPS, past 5 yrs −55.50% (below 0%: weak)
EPS, next 5 yrs A +8.35%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 65.49%
10-year low 10-year high
P/B against its own 10 years 79.21%
10-year low 10-year high
EV/FCF against its own 10 years 32.26%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 216 205 191 193
Receivables 117 147 177 145
Inventory — — — —
Other — — — —
340 362 376 350
2023 2024 2025 Q'26
Payables 47 71 84 67
ST’ Debt — — — —
Other 7 10 4 9
109 145 157 150

Compound Annual Growth %

10y 5y 3y
Sales — 15.81% 20.41%
Cash Flow — 22.75% 0.00%
Earnings — (13.89%) 0.00%
Book Value — 59.91% 2.81%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.03) (0.03) — — —
’25 (0.07) 0.02 0.06 0.31 0.36
’24 (0.06) 0.00 0.08 0.10 0.14
’23 (0.17) (0.07) (0.03) 0.04 (0.23)
’22 (0.23) (0.24) (0.22) (0.15) (0.84)
’21 (0.27) (0.32) (0.20) 0.11 (0.63)
’20 0.33 (0.07) 7.48 12.86 20.64
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 89 104 — — —
’25 71 78 86 110 344
’24 53 66 80 90 289
’23 42 57 60 64 223
’22 43 51 49 55 197
’21 40 50 51 83 224
’20 38 30 40 56 165
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 3 28 — — —
’25 (4) 21 3 33 53
’24 4 14 17 16 52
’23 (1) 11 4 23 38
’22 12 (20) (5) 10 (4)
’21 15 9 7 (1) 29
’20 4 8 3 5 19
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (1) 22 — — —
’25 (8) 16 (2) 28 34
’24 0 10 12 12 34
’23 (3) 8 0 19 24
’22 9 (22) (7) 7 (12)
’21 13 7 5 (3) 21
’20 2 6 1 3 11
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — 108 165 165 224 197 223 289 344 388 +18.0% 443 533 615 +21.3%
Gross margin, % — — 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 0.0 pt
EBT — — (26) 10 21 (38) (48) (10) 13 10 7 n/m
EBT margin, % — — (23.57) 6.02 12.49 (16.78) (24.39) (4.39) 4.39 2.94 1.78 +26.5 pt
Net income — 0 (26) 10 21 (38) (48) (10) 12 24 22 n/m
Per share, $
Per share, $ Revenue — — 582.55 601.80 413.13 18.13 13.90 14.64 17.83 20.96 19.73 (37.8%)
Earnings — — (137.28) 36.22 20.64 (0.63) (0.84) (0.23) 0.15 0.51 0.51 n/m
Cash flow — — 18.62 47.57 47.19 2.32 (0.25) 2.48 3.19 3.20 3.42 (22.2%)
Capex — — (47.17) (28.51) (19.60) (0.60) (0.62) (0.89) (1.09) (1.11) (1.00) (41.4%)
Free cash flow — — (28.55) 19.05 27.59 1.72 (0.87) 1.59 2.10 2.09 2.42 n/m
Book value — — 0.00 82.87 69.04 22.85 18.74 18.02 16.90 17.59 16.19 n/m
Shares, m — — 0 0 0 12 14 15 16 16 18 +89.7%
Valuation, ×
Valuation, × P/E — — 0.92 0.92 0.92 0.00 0.00 0.00 135.64 24.08 25.31 20.3
P/S — — 0.12 0.12 0.12 0.54 0.28 0.44 1.07 0.57 0.65 0.4
P/B — — 0.95 0.95 0.95 0.42 0.21 0.36 1.12 0.68 0.80 0.7
EV/Sales — — 0.20 0.20 0.20 (0.43) (0.66) (0.43) 0.44 0.09 0.22 0.0
EV/FCF — — 2.99 2.99 2.99 (4.49) 10.46 (3.91) 3.70 0.86 1.76 1.9
Cash, $m
Cash, $m Operating cash flow — — 3 13 19 29 (4) 38 52 53 67 +47.5%
Capex — — (9) (8) (8) (7) (9) (13) (18) (18) (20) +11.1%
Free cash flow — — (5) 5 11 21 (12) 24 34 34 48 n/m
Balance, $m
Balance, $m Working capital — — 7 14 24 269 228 232 217 219 201 +63.5%
Net debt — — 63 13 14 (221) (207) (216) (205) (191) (193) n/m
Shareholders’ equity — — — 23 28 283 266 274 274 289 319 +52.8%
Returns, %
Returns, % ROA — — 0.00 18.57 14.68 (2.96) (3.11) (0.88) 0.56 1.82 1.94 +1.8 pt
ROIC — — (20.40) 22.60 32.76 (43.42) (52.01) (19.74) 3.15 7.73 4.53 +28.1 pt
ROE — — 75.11 (29.19) 99.87 (5.12) (4.35) (1.27) 0.86 2.97 3.02 (72.1) pt
People
People Employees — — — 282 289 350 308 333 376 380 — +5.1%
Revenue/emp, $m — — 0.00 0.58 0.57 0.64 0.64 0.67 0.77 0.91 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Viant Technology Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GTM ZoomInfo Technologies Inc. $1.0B — (loss-making) — (loss-making) −2.89% (below 0%: shrinking) −93.75% (below 0%: shrinking) −52.33% (below 0%: shrinking) 83.19% 7.64% Compare
DJCO Daily Journal Corp. (S.C.) $882.0M — (loss-making) — (loss-making) +15.25% (above 0%: growing) n/m +48.22% (above 0%: growing) 99.41% 19.52% Compare
DSP Viant Technology Inc. $841.2M 25.3× 62.4× +33.91% (above 0%: growing) n/m +38.79% (above 0%: growing) 100.00% (3.69%)
PAR PAR Technology Corporation $793.3M — (loss-making) — (loss-making) +15.04% (above 0%: growing) n/m +300.71% (above 0%: growing) 43.81% (3.99%) Compare
PUBM PubMatic, Inc. $764.3M — (loss-making) — (loss-making) +10.55% (above 0%: growing) n/m +47.47% (above 0%: growing) 67.07% 0.74% Compare
MITK Mitek Systems, Inc. $763.9M 34.4× 39.4× +18.17% (above 0%: growing) +280.00% (above 0%: growing) +19.18% (above 0%: growing) 84.86% 21.36% Compare
DCBO Docebo Inc. $758.5M 24.7× 36.8× +13.04% (above 0%: growing) −10.00% (below 0%: shrinking) −154.48% (below 0%: shrinking) 79.44% 3.76% Compare
SMWB Similarweb Ltd. $736.7M — (loss-making) — (loss-making) +8.76% (above 0%: growing) n/m +217.42% (above 0%: growing) 80.73% 0.96% Compare
YALA Truth Social God Bless America ETF $705.3M 6.2× 7.0× −2.31% (below 0%: shrinking) −12.50% (below 0%: shrinking) +9,191.70% (above 0%: growing) 67.55% 23.49% Compare
Median of peers $764.1M 24.7× 36.8× +11.80% −11.25% +47.85% 80.09% 5.70%

All 230 Software Application stocks →

Pay and ownership Proxy statement filed 23 April 2026

Ownership

Directors and executive officers, together 29.43% of the votes
Capital V LLC 42.86% of the votes
Chris Vanderhook 13.77% of the votes
Tim Vanderhook 13.63% of the votes
Viant Technology Equity Plan LLC 3.97% of the votes
Larry Madden 1.82% of the votes
Punch & Associates Investment Management, Inc. 1.81% of the votes
BlackRock, Inc. 1.62% of the votes
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Viant Technology Inc. (DSP) Latest News

27 Oct

Impact 3 · · Trefis

23 Oct

19 Oct

Impact 4 · · Simply Wall St.

14 Oct

6 Aug

Impact 3 ·

11 May

Impact 4 · · MarketBeat
stockrow.com/DSP · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com