Viant Technology (DSP) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 10, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DSP SEC filings page.
Viant Technology Inc. (DSP) reported $388.5M in revenue over the twelve months to Jun 30, 2026, up 22.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Viant moved from losses to modest profitability while keeping reinvestment light, allowing growth to convert into cash more readily than accounting earnings suggest.
In FY2025, operating cash flow of$52.6M greatly exceeded net income of$8.4M , so accounting profit understates cash generation. With free cash flow of$51.7M and capital expenditures at1.8% of operating cash flow, cash production required little physical reinvestment.
Revenue rose
Liabilities still represented
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Viant Technology Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Viant Technology Inc. has an operating margin of 3.5%, meaning the company retains $4 of operating profit per $100 of revenue. This results in a moderate score of 33/100, indicating healthy but not exceptional operating efficiency. This is up from 1.2% the prior year.
Viant Technology Inc.'s revenue surged 19.0% year-over-year to $344.2M, reflecting rapid business expansion. This strong growth earns a score of 85/100.
Viant Technology Inc. carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.40, Viant Technology Inc. holds $2.40 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 69/100.
Viant Technology Inc. converts 15.0% of revenue into free cash flow ($51.7M). This strong cash generation earns a score of 79/100.
Viant Technology Inc.'s ROE of 10.2% shows moderate profitability relative to equity, earning a score of 32/100. This is up from 4.4% the prior year.
Viant Technology Inc. scores 2.38, placing it in the grey zone between 1.81 and 2.99. The largest contribution to the score comes from a market capitalization of $840.8M against total liabilities of $392.5M. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Viant Technology Inc. passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Viant Technology Inc. generates $6.30 in operating cash flow ($52.6M OCF vs $8.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Viant Technology Inc. generated $104.3M in revenue in Q2 2026. This represents an increase of 33.9% from the same quarter a year earlier. Against the prior quarter it is up 17.8%.
Viant Technology Inc.'s EBITDA was $1.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 62.5% from the same quarter a year earlier. Against the prior quarter it is up 13.0%.
Viant Technology Inc. reported a net loss of $111K in Q2 2026. This represents a decrease of 138.3% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
Viant Technology Inc. generated $27.6M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 35.0% from the same quarter a year earlier. Against the prior quarter it is up 957.6%.
Viant Technology Inc. held $193.1M in cash against $0 in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Viant Technology Inc.'s gross margin was 43.7% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 2.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.6 percentage points.
Viant Technology Inc.'s operating margin was -3.7% in Q2 2026, reflecting core business profitability. This is down 3.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.8 percentage points.
Viant Technology Inc.'s net profit margin was -0.1% in Q2 2026, showing the share of revenue converted to profit. This is down 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.
Viant Technology Inc.'s quarterly ROE was -0.1% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 1.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.
Capital Allocation
Viant Technology Inc. invested $716K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 50.7% from the same quarter a year earlier. Against the prior quarter it is up 128.8%.
Not reported for Q2 2026.
Not reported for Q2 2026.
DSP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $104.3M+33.9% | $88.5M+25.3% | $110.1M+22.3% | $85.6M+7.1% | $77.9M+18.2% | $70.6M+32.3% | $90.1M+39.8% | $79.9M+34.1% |
| Cost of Revenue | $58.7M+39.9% | $52.2M+30.2% | $58.8M+23.7% | $45.7M+2.6% | $42.0M+19.5% | $40.1M+34.1% | $47.6M+45.7% | $44.6M+44.0% |
| Gross Profit | $45.5M+26.9% | $36.4M+19.0% | $51.3M+20.7% | $39.8M+12.8% | $35.9M+16.7% | $30.6M+30.0% | $42.5M+33.8% | $35.3M+23.4% |
| SG&A Expenses | $38.6M+36.8% | $33.2M+16.4% | $30.4M+2.9% | $27.9M+8.8% | $28.2M+9.6% | $28.5M+18.9% | $29.5M+21.3% | $25.7M+1.5% |
| Operating Income | -$3.9M-32200.0% | -$4.0Mn/m | $12.7M+115.0% | $4.2M+4.8% | $12Kn/m | -$4.9Mn/m | $5.9M+569.3% | $4.0Mn/m |
| EBITDA | $1.7M-62.5% | $1.5Mn/m | $17.7M+76.8% | $9.0M+11.9% | $4.6M+34.6% | -$535Kn/m | $10.0M+105.1% | $8.1M+740.4% |
| Income Tax | -$762Kn/m | -$406Kn/m | -$14.1M-5446.8% | $541Kn/m | -$291K-393.9% | -$153Kn/m | $263Kn/m | -$14K-107.7% |
| Net Income | -$111K-138.3% | -$455Kn/m | $8.3M+372.6% | $996K-33.9% | $290K+427.3% | -$1.2Mn/m | $1.7M+179.1% | $1.5Mn/m |
| EPS (Basic) | -$0.01 | -$0.03 | N/A | $0.06-33.3% | $0.02n/m | -$0.07n/m | $0.11+175.0% | $0.09n/m |
| EPS (Diluted) | -$0.03 | -$0.03 | N/A | $0.06-33.3% | $0.02n/m | -$0.07n/m | $0.10+150.0% | $0.09n/m |
| Diluted Shares (Avg) | 65M | 63M | N/A | 19M-4.1% | 20M+3.5% | 16M+3.1% | N/A | 20M+29.9% |
Not reported in any period shown, so not listed: R&D Expenses, Interest Expense.
DSP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $498.4M+25.2% | $439.0M+11.3% | $474.7M+7.7% | $395.9M-7.9% | $398.0M-2.6% | $394.5M-0.1% | $440.8M+8.9% | $429.7M+13.5% |
| Current Assets | $350.4M+11.0% | $337.9M+7.0% | $376.2M+3.8% | $313.6M-13.0% | $315.8M-7.5% | $315.8M-3.6% | $362.5M+6.5% | $360.4M+14.8% |
| Cash & Equivalents | $193.1M+11.7% | $185.7M+6.8% | $191.2M-6.8% | $161.3M-24.9% | $172.8M-17.6% | $173.9M-15.6% | $205.0M-5.3% | $214.6M+5.7% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Accounts Receivable | $145.1M+7.2% | $146.2M+11.4% | $177.1M+20.5% | $142.8M+5.3% | $135.3M+10.1% | $131.3M+15.7% | $147.0M+25.1% | $135.6M+27.9% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $32.6M+69.9% | $19.2M0.0% | $19.2M0.0% | $19.2M+54.5% | $19.2M+54.5% | $19.2M+54.5% | $19.2M+54.5% | $12.4M0.0% |
| Total Liabilities | $385.0M+3.9% | $353.7M-1.2% | $392.5M+1.4% | $372.6M+0.6% | $370.5M+7.2% | $358.1M+8.7% | $387.0M+14.9% | $370.3M+18.0% |
| Current Liabilities | $149.9M+21.5% | $117.8M+1.0% | $157.0M+8.0% | $119.7M-8.0% | $123.4M+8.2% | $116.7M+15.5% | $145.5M+33.6% | $130.2M+49.2% |
| Non-Current Liabilities | $235.1M-4.8% | $235.9M-2.3% | $235.5M-2.5% | $252.8M+5.3% | $247.1M+6.8% | $241.3M+5.7% | $241.5M+6.0% | $240.1M+6.0% |
| Long-Term Debt | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Equity | $113.4M+312.9% | $85.3M+134.0% | $82.1M+52.6% | $23.3M-60.8% | $27.5M-56.4% | $36.5M-44.4% | $53.8M-21.1% | $59.4M-8.2% |
| Retained Earnings | -$104.5Mn/m | -$98.7Mn/m | -$91.8Mn/m | -$90.3Mn/m | -$75.8Mn/m | -$64.7Mn/m | -$50.6Mn/m | -$50.0Mn/m |
Not reported in any period shown, so not listed: Inventory.
DSP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $28.3M+35.4% | $2.9Mn/m | $33.1M+100.6% | $3.0M-82.1% | $20.9M+45.7% | -$4.5M-216.0% | $16.5M-29.1% | $17.1M+367.9% |
| Depreciation & Amortization | $5.6M+22.0% | $5.5M+26.6% | $5.0M+21.9% | $4.8M+19.0% | $4.6M+9.4% | $4.3M+4.3% | $4.1M+2.8% | $4.0M+6.8% |
| Stock-Based Compensation | $9.9M+56.9% | $6.6M+16.6% | N/A | $6.4M+20.6% | $6.3M+14.6% | $5.6M+27.0% | N/A | $5.3M-39.0% |
| Capital Expenditures | $716K+50.7% | $313K+152.4% | $101K-53.7% | $226K-71.6% | $475K-50.2% | $124K-76.6% | $218K-54.2% | $796K+114.6% |
| Free Cash Flow | $27.6M+35.0% | $2.6Mn/m | $33.0M+102.6% | $2.8M-82.7% | $20.5M+52.5% | -$4.6M-238.3% | $16.3M-28.5% | $16.3M+396.6% |
| Investing Cash Flow | -$21.4Mn/m | -$3.9Mn/m | -$4.9Mn/m | -$4.9Mn/m | -$8.5Mn/m | -$4.0Mn/m | -$14.3Mn/m | -$4.7Mn/m |
| Financing Cash Flow | $410Kn/m | -$4.5Mn/m | $1.7Mn/m | -$9.7Mn/m | -$13.5Mn/m | -$22.7Mn/m | -$11.8Mn/m | -$7.5Mn/m |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
DSP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.7%-2.4pp | 41.1%-2.2pp | 46.6%-0.6pp | 46.6%+2.4pp | 46.1%-0.6pp | 43.3%-0.8pp | 47.2%-2.1pp | 44.2%-3.8pp |
| Operating Margin | -3.7%-3.7pp | -4.5%+2.4pp | 11.5%+5.0pp | 4.9%-0.1pp | 0.0%+1.2pp | -6.9%+3.8pp | 6.6%+5.2pp | 5.1%+9.8pp |
| Net Margin | -0.1%-0.5pp | -0.5%+1.2pp | 7.5%+5.6pp | 1.2%-0.7pp | 0.4%+0.3pp | -1.7%+0.1pp | 1.9%+1.0pp | 1.9%+2.8pp |
| Return on Equity | -0.1%-1.2pp | -0.5%+2.7pp | 10.1%+6.8pp | 4.3%+1.7pp | 1.1%+1.0pp | -3.3%-1.8pp | 3.2%+2.3pp | 2.5%+3.4pp |
| Return on Assets | 0.0%-0.1pp | -0.1%+0.2pp | 1.7%+1.3pp | 0.3%-0.1pp | 0.1%+0.1pp | -0.3%-0.1pp | 0.4%+0.3pp | 0.4%+0.5pp |
| Current Ratio | 2.34-0.2x | 2.87+0.2x | 2.40-0.1x | 2.62-0.1x | 2.56-0.4x | 2.71-0.5x | 2.49-0.6x | 2.77-0.8x |
| Debt-to-Equity | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x |
| Liabilities-to-Equity | 3.39-10.1x | 4.15-5.7x | 4.78-2.4x | 15.98+9.7x | 13.48+8.0x | 9.82+4.8x | 7.19+2.3x | 6.23+1.4x |
| Asset Turnover | 0.210.0x | 0.200.0x | 0.230.0x | 0.220.0x | 0.200.0x | 0.180.0x | 0.200.0x | 0.190.0x |
| FCF Margin | 26.5%+0.2pp | 2.9%+9.4pp | 29.9%+11.9pp | 3.3%-17.1pp | 26.3%+5.9pp | -6.5%-12.7pp | 18.1%-17.3pp | 20.4%+14.9pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Viant Technology Inc. DSP | FY2025 | $344.2M | $8.4M | 2.4% | $840.8M | 66/100 |
| PubMatic, Inc. PUBM | FY2025 | $282.9M | -$14.5M | -5.1% | $723.8M | 42/100 |
| MNTN, Inc. MNTN | FY2025 | $290.1M | -$6.4M | -2.2% | $699.4M | 66/100 |
| Mitek Systems, Inc. MITK | FY2025 | $179.7M | $8.8M | 4.9% | $815.4M | 60/100 |
| Similarweb Ltd. SMWB | FY2025 | $282.6M | -$32.9M | -11.7% | $771.3M | 30/100 |
| Sprout Social, Inc SPT | FY2025 | $457.5M | -$43.3M | -9.5% | $730.1M | 47/100 |
Where Viant Technology Inc. Ranks
Frequently Asked Questions
Viant Technology Inc. (DSP) reported $344.2M in total revenue for fiscal year 2025. This represents a 19.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Viant Technology Inc. (DSP) revenue grew by 19.0% year-over-year, from $289.2M to $344.2M in fiscal year 2025.
Yes, Viant Technology Inc. (DSP) reported a net income of $8.7M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $8.4M, with a net profit margin of 2.4%.
Viant Technology Inc. (DSP) had EBITDA of $30.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Viant Technology Inc. (DSP) had $191.2M in cash and equivalents against $0 in long-term debt.
Viant Technology Inc. (DSP) had a gross margin of 45.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
Viant Technology Inc. (DSP) had an operating margin of 3.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Viant Technology Inc. (DSP) had a net profit margin of 2.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Viant Technology Inc. (DSP) has a return on equity of 10.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Viant Technology Inc. (DSP) generated $51.7M in free cash flow during fiscal year 2025. This represents a 4.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Viant Technology Inc. (DSP) generated $52.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Viant Technology Inc. (DSP) had $474.7M in total assets as of fiscal year 2025, including both current and long-term assets.
Viant Technology Inc. (DSP) invested $926K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Viant Technology Inc. (DSP) had a current ratio of 2.40 as of fiscal year 2025, which is generally considered healthy.
Viant Technology Inc. (DSP) had a debt-to-equity ratio of 0.00 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Viant Technology Inc. (DSP) had a liabilities-to-equity ratio of 4.78 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Viant Technology Inc. (DSP) had a return on assets of 1.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Viant Technology Inc. (DSP) trades at 96.8x earnings, its market capitalization divided by $8.7M net income, trailing 12 months to June 30, 2026. The market capitalization is $840.8M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Viant Technology Inc. (DSP) trades at 2.2x sales, its market capitalization divided by $388.5M revenue, trailing 12 months to June 30, 2026. The market capitalization is $840.8M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Viant Technology Inc. (DSP) has an Altman Z-Score of 2.38, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
Viant Technology Inc. (DSP) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Viant Technology Inc. (DSP) has an earnings quality ratio of 6.30x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Viant Technology Inc. (DSP) scores 66 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.