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Viant Technology Inc. DSP R2KAI

Technology · Software - Application · United States
https://www.viantinc.com
Company Profile ↓
$12.70
-5.86% 1Y
Mkt Cap$254.28M
P/E31.75
P/B2.38
52W High$14.79
52W Low$8.14
Book Value$4.67
EPS (TTM)$0.40

Company Overview

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.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 13.1% CAGR over the past five years.

Reasonable Valuation

Trades at a P/E of 31.8, below the sector median of 36.0.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.08.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $344.20M (+19.0% YoY); net profit $8.35M.
  • Trailing 12 Months Year-on-year growth — revenue +25.3%, earnings +253.6%.
  • 5-Year Trend Long-term compounding — revenue CAGR 13.1%, profit CAGR -0.4%.

Growth & Price Performance

Compounded Sales Growth

5 Years:13.05%
1 Year:25.30%

Compounded Profit Growth

5 Years:-0.45%
1 Year:253.60%

Stock Price Performance

1 Year:-5.86%
6 Months:+11.40%
3 Months:+26.87%
1 Month:+13.80%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI AdTech Software / AI Advertising

Viant Technology runs a cloud-based demand-side platform and offers ViantAI, an AI product suite for programmatic, omnichannel advertising.

Core Focus

AI-driven programmatic ad buying across connected TV, streaming audio, digital out-of-home, mobile and desktop.

Key Initiatives
  • ViantAI suite An AI product suite automates campaign planning, optimisation and measurement across channels.
  • Omnichannel CTV focus AI optimises spend across connected-TV and streaming, where ad budgets are shifting.
  • Privacy-resilient targeting AI/identity tools help target and measure without third-party cookies.
Why Investors Should Care
  • Independent DSP using AI to ride the CTV/programmatic shift.
  • Profitable and growing (~25%) with a scalable software model.
  • Competes against far larger ad platforms (The Trade Desk, walled gardens).
  • Ad-spend cyclicality and identity/privacy changes are key risks.
AI InvestmentInvestment targets the ViantAI suite and identity/measurement capabilities.
AI RevenueRevenue is platform/usage-based; AI optimisation is embedded to drive spend and retention rather than sold separately.
ROI (Now)Advertisers gain ROI via AI-optimised targeting and better cross-channel measurement today.
ROI (Expected)Deeper AI automation of campaign management is the lever to win share and grow margins.

Curated from public filings and analyst commentary; figures are illustrative.

Ad space

Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 13.1% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Earnings shrank at -0.4% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Ad space

Valuation

Stock P/E
31.75
Industry PE
36.02
Forward P/E
15.95
PEG Ratio
0.76
Book Value
$4.67
Price to Book
2.38
P/S
2.01
EV/EBITDA
8.07
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
13.05%
Profit 5Y
-0.45%
Revenue (YoY)
25.30%
Earnings (YoY)
253.60%

Profitability & Returns

ROCE
3.80%
ROE
9.20%
ROA
1.95%
Profit Margin
2.51%
Op Margin
-4.47%
Gross Margin
45.12%
EPS (Latest Qtr)
$-0.03
EPS (TTM)
$0.40

Balance Sheet & Liquidity

Debt/Equity
0.08
Quick Ratio
2.82
Current Ratio
2.87
Debt
$23.38M
Total Assets
$439.00M
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
3.35%
Chg in Prom Hold
-0.03%
FII / Inst Holding
54.68%
Chg in FII Hold
0.01%

Financial Snapshot

Enterprise Value
$254.28M
Total Revenue (TTM)
$362.10M
EBITDA
$32.83M
Free Cash Flow
$25.63M
Operating Cash Flow
$59.98M
Shares Outstanding
20.02M
Gross Margin
45.12%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 DSP Viant Technology Inc. R2KAI 12.70 31.75 $254.28M 0.00% 3.80% 9.20% 13.05% -0.45%
2 NVDA NVIDIA Corporation NDXSPXAI 211.80 32.43 $5.13T 0.49% 74.66% 114.29% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPX 314.86 38.07 $4.62T 0.37% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 384.93 22.91 $2.86T 0.93% 26.90% 34.01% 9.48% 10.85%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 420.39 36.18 $2.18T 0.90% 30.20% 36.21% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXAI 389.11 64.85 $1.85T 0.68% 16.70% 37.28% 24.38% 26.24%
7 MU Micron Technology, Inc. NDXSPXAI 983.12 46.37 $1.11T 0.06% 13.69% 39.82% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXAI 548.13 181.50 $893.78B 0.00% 6.33% 8.06% 13.64% 48.64%
9 ASML ASML Holding N.V. NDXAI 1,775.64 59.55 $684.36B 0.47% 42.97% 52.24% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026
Revenue 38.16M30.43M40.20M40.14M50.41M50.86M42.63M51.20M48.83M41.72M57.22M59.59M53.39M65.87M79.92M70.64M77.85M85.58M88.54M
Operating Income 621.00K219.00K7.75M-14.71M-23.96M-11.81M-13.41M-13.77M-12.88M-11.11M-5.25M-2.82M-5.69M-771.00K4.04M-4.86M12.00K4.23M-3.96M
Net Income 329.00K-30.00K7.48M-3.10M-3.65M-2.54M-3.19M-3.40M-3.13M-2.48M-1.06M-526.00K-947.00K55.00K1.51M-1.19M290.00K996.00K-455.00K
Diluted EPS 0.33-0.087.48-0.27-0.32-0.20-0.23-0.24-0.22-0.17-0.07-0.03-0.060.000.09-0.070.020.06-0.03

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 164.89M165.25M224.13M197.17M222.93M289.24M344.20M
Operating Income 12.79M21.77M-42.80M-49.26M-18.30M3.48M12.08M
Net Income 8.58M6.25M-7.74M-11.91M-3.44M2.36M8.35M
Diluted EPS 27.3720.64-0.63-0.84-0.230.140.36

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Jan 2023Dec 2023Dec 2024Dec 2025
Total Assets --133.52M389.13M377.88M-404.91M440.80M474.66M
Total Equity -83.20M15.21M20.12M60.16M59.25M265.56M68.26M53.84M82.14M
Long Term Debt --20.18M17.50M0-000
Total Liabilities --105.90M106.56M112.11M-130.52M166.73M185.86M
Current Liabilities --79.66M83.06M87.12M-108.85M145.45M157.03M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 13.03M18.88M28.66M-3.53M37.75M51.77M52.61M
Investing Cash Flow -7.81M-7.84M-7.37M-8.83M-13.48M-27.74M-22.34M
Financing Cash Flow -3.06M-6.22M207.56M-19.55M-14.39M-35.43M-44.16M
Capital Expenditure -423.00K-434.00K-441.00K-758.00K-1.20M-2.50M-926.00K
Free Cash Flow 12.61M18.44M28.22M-4.29M36.56M49.27M51.68M
Dividends Paid -5.00M00---

Ratios (Annual)

Figures in %.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------
Operating Margin % 7.8%13.2%-19.1%-25.0%-8.2%1.2%3.5%
Net Margin % 5.2%3.8%-3.5%-6.0%-1.5%0.8%2.4%
ROE % 56.4%31.1%-12.9%-20.1%-5.0%4.4%10.2%
ROCE % -40.4%-14.0%-16.9%-6.2%1.2%3.8%

Shareholding Pattern

Insiders
3.35%
Institutions
54.68%
Public Float
56.58%

Top Institutional Holders

#Holder% HeldSharesValue
1 Punch & Associates Investment Management, Inc. 6.73% 1.35M $17.31M
2 Blackrock Inc. 5.52% 1.10M $14.19M
3 Royce & Associates LP 5.03% 1.01M $12.95M
4 Vanguard Capital Management LLC 3.36% 671.83K $8.63M
5 Potomac Capital Management, Inc. 2.66% 532.64K $6.84M
6 Renaissance Technologies, LLC 2.21% 441.80K $5.68M
7 Geode Capital Management, LLC 1.89% 377.95K $4.86M
8 State Street Corporation 1.56% 312.76K $4.02M
9 JPMORGAN CHASE & CO 1.52% 304.19K $3.91M
10 Invenomic Capital Management, LP 1.38% 276.89K $3.56M

Analyst View

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Latest News

Recent headlines for DSP

Google News Fri, 26 Jun 2026

Viant Technology (DSP) Stock Sees Modest Fair Value Lift As Analysts Rework Assumptions - Yahoo Finance

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Google News hu, 09 Jul 2026

Insider Sale: Chief Financial Officer of $DSP Sells 10,097 Shares - Quiver Quantitative

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Google News ue, 30 Jun 2026

What Do Recent Insider Sales at Viant Technology (DSP) Really Mean - Kavout | AI

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Google News Wed, 08 Jul 2026

Viant opens a direct route to premium streaming ads via Publica - Stock Titan

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Google News hu, 09 Jul 2026

Viant Technology (NASDAQ:DSP) CFO Larry Madden Sells 9,149 Shares of Stock - MarketBeat

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Google News Wed, 17 Jun 2026

Viant: Temporary Pullback Creates Compelling Entry. Buy Rating Maintained. (NASDAQ:DSP) - Seeking Alpha

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DSP — Frequently Asked Questions

What is the current share price of Viant Technology Inc. (DSP)?

As of 2026-07-14 21:23 PDT, Viant Technology Inc. (DSP) trades at $12.70 on NasdaqGS. Its 52-week range is $8.14 to $14.79.

What is the market capitalisation of DSP?

Viant Technology Inc. (DSP) has a market capitalisation of $254.28M on NasdaqGS.

What is the P/E ratio of DSP?

DSP trades at a trailing price-to-earnings (P/E) ratio of 31.75. The industry average P/E is 36.02. Its price-to-book (P/B) ratio is 2.38.

What is the return on equity (ROE) of DSP?

DSP has a return on equity (ROE) of 9.20%. Its return on capital employed (ROCE) is 3.80%.

Is DSP a good stock to buy?

This page provides a data-driven analysis of Viant Technology Inc. (DSP), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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