Viant Technology Inc. logo DSP - Viant Technology Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 11
HOLD 1
SELL 0
STRONG
SELL
0
| PRICE TARGET: $15.50 DETAILS
HIGH: $16.50
LOW: $14.50
MEDIAN: $15.50
CONSENSUS: $15.50
UPSIDE: 38.52%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1
Revenue
Revenue 88.5 110.1 85.6 77.9 70.6 90.1 79.9 65.9 53.4 64.4 59.6 57.2 41.7 54.5 48.8 51.2 42.6 82.7 50.9 50.4 40.1 56.5 40.2 30.4 38.2 52.0 38.9 41.8 32.3
Cost of Revenue 14.6 58.8 45.7 42.0 40.1 47.6 44.6 35.1 29.9 32.7 31.0 33.5 23.3 32.1 27.5 30.9 26.2 44.6 29.0 31.7 24.3 25.9 20.1 18.6 23.6 28.7 21.0 24.1 20.3
Gross Profit 74.0 51.3 39.8 35.9 30.6 42.5 35.3 30.7 23.5 31.8 28.6 23.7 18.4 22.5 21.3 20.2 16.4 38.1 21.9 18.7 15.8 30.5 20.1 11.8 14.6 23.2 17.9 17.7 12.0
Operating Expenses
R&D Expenses 6.7 8.2 7.7 7.7 6.9 7.1 5.6 5.8 5.2 6.5 6.2 6.2 5.9 5.7 5.6 5.0 5.0 4.9 6.6 8.0 5.9 2.6 1.9 2.0 2.1 2.6 2.1 1.8 1.6
SG&A Expenses 33.2 30.9 27.9 28.2 28.5 29.5 25.7 25.7 24.0 24.3 25.0 22.8 23.6 26.0 28.6 29.0 24.8 25.6 27.1 34.6 24.6 14.7 10.4 9.6 11.8 14.9 11.2 11.0 11.2
Other Expenses (1.8) (0.5) 0 0 0 0 0 0 0 0 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.7 0 0
Operating Expenses 38.0 38.6 35.6 35.9 35.4 36.6 31.3 31.5 29.2 30.9 31.4 29.0 29.5 31.7 34.2 34.0 29.8 30.5 33.7 42.7 30.5 17.3 12.3 11.6 13.9 17.5 15.0 12.8 12.8
Operating Income
Operating Income 35.9 12.7 4.2 0.0 (4.9) 5.9 4.0 (0.8) (5.7) 0.9 (2.8) (5.3) (11.1) (9.2) (12.9) (13.8) (13.4) 7.7 (11.8) (24.0) (14.7) 13.2 7.8 0.2 0.6 5.8 2.9 4.9 (0.8)
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.2 0.3 0.6 0 0 0
Interest Income 1.4 0 1.5 1.5 1.7 2.1 2.4 2.4 2.4 2.4 2.3 2.0 1.8 1.2 0.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 41.4 17.7 10.5 4.6 (0.5) 10.0 8.1 3.4 (1.5) 4.9 1.0 (1.7) (7.7) (5.8) (9.5) (11.2) (9.6) 10.8 (8.8) (15.2) (12.2) 15.6 10.3 2.8 3.2 8.5 5.1 6.3 0.7
EBIT 35.9 12.7 5.7 0.0 (4.9) 5.9 4.0 (0.8) (5.7) 0.9 (2.8) (5.3) (11.1) (9.2) (12.9) (13.8) (13.4) 7.7 (11.8) (17.9) (14.6) 13.2 7.7 0.2 0.6 6.0 2.5 3.8 (1.8)
Income Before Tax (2.6) 6.4 5.7 1.5 (3.5) 8.0 6.4 1.6 (3.3) 3.3 (0.5) (3.2) (9.4) (8.0) (12.4) (14.1) (13.6) 7.5 (12.2) (18.1) (14.9) 12.9 7.5 (0.0) 0.3 5.4 2.5 3.8 (1.8)
Income Tax Expense (0.4) (14.1) 0.5 (0.3) (0.2) 0.3 (0.0) 0.1 (0.1) (0.0) 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income (0.5) 8.3 1.0 0.3 (1.2) 1.7 1.5 0.1 (0.9) 0.6 (0.5) (1.1) (2.5) (2.2) (3.1) (3.4) (3.2) 1.6 (2.5) (3.7) (3.1) 12.9 7.5 (0.0) 0.3 5.4 2.5 3.8 (1.8)
Per Share Data
EPS (Basic) -0.01 0.13 0.02 0.00 -0.02 0.03 0.02 0.00 -0.01 0.01 -0.01 -0.02 -0.04 -0.04 -0.05 -0.06 -0.05 0.03 -0.04 -0.06 -0.05 0.05 0.13 0.00 0.00 0.12 0.04 0.06 -0.03
EPS (Diluted) -0.01 0.13 0.02 0.00 -0.02 0.03 0.02 0.00 -0.01 0.01 -0.01 -0.02 -0.04 -0.04 -0.05 -0.06 -0.05 0.03 -0.04 -0.06 -0.05 0.05 0.13 0.00 0.00 0.12 0.04 0.06 -0.03
Shares Outstanding 62.6 62.6 62.1 62.7 63.2 62.9 63.1 63.4 63.4 62.8 62.6 62.4 62.1 61.7 61.5 61.3 61.2 60.8 60.6 58.9 58.9 58.9 58.9 58.9 58.9 58.9 58.9 58.9 58.9
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q1 2019 Q4
Current Assets
Cash & Cash Equivalents 185.7 191.2 161.3 172.8 173.9 205.0 214.6 209.7 206.1 216.5 203.0 203.9 201.7 206.6 199.7 207.2 247.9 238.5 242.6 252.3 246.6 9.6 13.5 (4.8) 4.8
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9.6 0
Net Receivables 146.2 177.1 142.8 135.3 131.3 147.0 135.6 122.9 113.5 117.5 106.0 90.0 80.8 101.7 93.6 93.5 79.9 110.7 69.6 63.7 58.3 89.8 61.6 0 68.1
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 6.0 7.9 9.5 7.6 10.6 0 10.1 8.7 8.0 0 0 0 3.8 6.6 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 337.9 376.2 313.6 315.8 315.8 362.5 360.4 341.3 327.5 340.4 314.1 298.1 286.3 314.9 299.3 303.6 331.4 352.2 316.4 320.2 309.9 103.9 78.6 4.8 74.8
Non-Current Assets
Property, Plant & Equipment 56.6 54.8 55.8 55.5 55.2 55.1 55.8 54.0 54.3 51.3 51.1 50.5 49.7 49.5 45.5 42.2 43.0 22.3 22.6 20.9 16.4 13.8 14 0 14.9
Goodwill 19.2 19.2 19.2 19.2 19.2 19.2 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 12.4 0 12.4
Intangible Assets 2.7 2.9 3.1 3.3 3.4 3.0 0.1 0.1 0.2 0.2 0.3 0.4 0.5 0.7 0.9 1.2 1.5 1.8 2.1 2.4 2.7 3.0 3.3 0 4.2
Long-Term Investments 0 3.5 3.5 3.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 4.0 0.6 0.8 0.8 0.9 0.9 1.0 0.6 0.7 0.6 0.6 0.0 0.1 0.4 0.3 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.5 (4.8) 0.5
Total Non-Current Assets 101.1 98.5 82.3 82.2 78.8 78.3 69.3 67.2 67.5 64.5 64.4 63.4 62.7 63.0 59.2 56.3 57.3 36.9 37.6 36.1 31.9 29.6 30.2 (4.8) 32.1
Total Assets 439.0 474.7 395.9 398.0 394.5 440.8 429.7 408.6 395.0 404.9 378.5 361.5 349.1 377.9 358.5 359.9 388.7 389.1 354.0 356.4 341.8 133.5 108.8 0 106.9
Current Liabilities
Account Payables 53.7 83.5 60.9 67.0 60.0 71.3 66.0 62.6 52.0 47.3 31.6 31.8 20.8 37.1 29.9 28.2 24.7 32.9 24.7 24.5 27.2 29.8 22.3 0 20.5
Short-Term Debt 5.1 5.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5.4 3.4 1.3 0 0
Deferred Revenue 0.6 0.6 0.6 0.6 0.3 0 0.3 0.2 0.2 0 0 0 1.1 0.1 0 0.1 0 1.3 1.5 1.6 1.9 2.7 4.1 0 5.3
Other Current Liabilities 58.5 67.9 53.3 12.7 13.1 50.5 59.3 38.6 38.0 41.6 37.2 27.5 31.0 37.1 26.3 32.8 35.2 36.6 12.3 21.8 8.9 12.3 10.2 0 26.9
Total Current Liabilities 117.8 157.0 119.7 123.4 116.7 145.5 130.2 114.1 101.0 108.8 87.3 74.1 63.1 87.1 70.6 70.7 75.2 83.1 61.6 55.8 56.6 79.7 54.4 0 61.1
Non-Current Liabilities
Long-Term Debt 18.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17.5 17.5 17.5 17.5 18.2 20.2 22.2 0 17.5
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 12.5 12.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.8 0.6 0.4 0.4 8.0 0.5 (22.7) 0.8
Total Non-Current Liabilities 30.8 28.8 17.7 19.0 20.3 21.3 22.3 22.5 23.6 21.7 22.5 23.3 24.0 25.0 22.0 19.0 37.2 23.5 23.5 23.5 24.5 33.7 27.1 (22.7) 23.1
Total Liabilities 148.6 185.9 137.5 142.4 137 166.7 152.5 136.6 124.6 130.5 109.8 97.4 87.0 112.1 92.6 89.7 112.3 106.6 85.1 79.3 81.0 113.4 81.5 (22.7) 84.2
Stockholders' Equity
Common Stock 0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0 0 0 0
Retained Earnings (98.7) (91.8) (90.3) (75.8) (64.7) (50.6) (50.0) (49.2) (45.6) (43.5) (43.0) (41.6) (39.4) (36.3) (33.4) (29.4) (26.0) (20.1) (15.8) (6.8) (3.1) (72.1) (72.4) 0 (77.0)
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (356.4) 0 0 0 15.2 0
Total Stockholders' Equity 85.3 82.1 23.3 27.5 36.5 53.8 59.4 63.1 65.6 68.3 64.7 60.2 60.0 59.2 58.7 59.1 60.0 60.2 56.3 95.3 64.6 27.6 27.3 22.7 22.7
Total Liabilities & Equity 439.0 474.7 395.9 398.0 394.5 440.8 429.7 408.6 395.0 404.9 378.5 361.5 349.1 377.9 358.5 359.9 388.7 389.1 354.0 356.4 341.8 133.5 108.8 22.7 106.9
Debt Metrics
Total Debt 23.4 21.7 22.6 23.7 25.0 26.0 26.9 26.6 27.3 25.4 26.3 27.3 28.0 28.7 24.8 21.0 39.0 17.5 17.5 17.5 23.5 23.5 23.5 0 17.5
Net Debt (162.3) (169.4) (138.7) (149.1) (148.9) (179.0) (187.8) (183.2) (178.8) (191.0) (176.7) (176.6) (173.8) (177.9) (174.9) (186.2) (208.9) (221.0) (225.1) (234.8) (223.1) 13.9 10.0 4.8 12.7
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3
Operating Activities
Net Income (0.5) 20.5 5.2 1.8 (3.3) 1.7 6.5 1.5 (3.2) 0.6 (0.5) (3.2) (9.4) (2.2) (3.1) (3.4) (13.6) 7.5 (2.5) (18.1) (14.9) 8.1 7.5 (0.0) 0.3 34.8 2.5
Depreciation & Amortization 5.5 5.0 4.8 4.6 4.3 4.1 4.0 4.2 4.1 4 3.8 3.5 3.4 3.4 3.4 2.6 3.8 3.1 3.0 2.6 2.4 2.5 2.5 2.5 2.6 2.6 0
Stock-Based Compensation 0 6.4 6.4 6.3 5.6 5.7 5.3 5.5 4.4 7.6 8.7 8.5 7.5 7.0 7.7 7.8 6.4 6.6 15.4 29.7 17.1 0 0 0 0 0 0.2
Change in Working Capital (8.0) 3.1 (13.9) 7.2 (12.6) (2.7) (0.7) 2.2 (2.4) (7.4) (9.2) 1.6 (3.2) 5.9 (5.0) (18.0) 14.9 (18.8) 0.1 0.7 10.3 (10.3) (7.3) 5.5 0.8 (13.2) 0
Other Non-Cash Items 6.4 12.7 0.6 1.0 1.5 7.6 2.0 1.0 0.9 18.4 0.9 1.0 1.1 (4.3) (7.8) (9.1) 0.1 0.1 (9.4) (6.1) (0.2) 4.4 (0.1) 0.1 (0.2) (28.2) (2.7)
Operating Cash Flow 2.9 33.1 3.0 20.9 (4.5) 16.5 17.1 14.4 3.8 23.2 3.6 11.4 (0.6) 9.8 (4.8) (20.1) 11.6 (1.4) 6.5 8.8 14.8 4.7 2.6 8.0 3.5 (4.0) 0
Investing Activities
Capital Expenditure (0.3) (3.7) (4.9) (4.8) (3.7) (0.2) (4.7) (4.7) (4.1) (0.5) (0.4) (3.8) (2.7) (0.2) (0.2) (0.0) (2.1) (1.4) (0.1) (2.0) (2.1) 5.4 (2.0) (1.9) (1.9) (1.9) 0
Acquisitions 0 (0.3) (0.0) (0.2) (0.3) (10) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 (4.5) (4.6) (7.8) (3.6) (4.1) (3.9) (3.7) (3.5) (3.3) (2.8) (3.7) (2.4) (2.2) (1.9) (2.2) (1.7) (1.4) (1.8) (1.9) (1.9) 0 (1.8) (1.8) (1.9) 0 0
Investing Cash Flow (3.9) (4.9) (4.9) (8.5) (4.0) (14.3) (4.7) (4.7) (4.1) (3.8) (3.2) (3.8) (2.7) (2.4) (2.1) (2.2) (2.1) (1.4) (1.9) (2.0) (2.1) (2.0) (2.0) (1.9) (1.9) (1.9) 0
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (17.5) 0 0 0 0 0 0 0 0 0 (3.6) 0
Stock Repurchased (4.1) 3.2 (10.0) (24.9) (3.2) (12.3) (6.2) 0.3 (5.5) (1.0) (1.0) 1.6 (1.6) (0.5) (0.7) (0.9) 0 (1.3) (13.7) 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (5) 0 0 0 0 0
Other Financing Activities (0.7) (3.2) 0.0 11.4 (19.4) 0.5 (1.3) (6.2) (4.7) (4.9) (0.4) (7.0) (0.0) 0 (0.0) 0.0 (0.0) 0.0 (0.5) 0 (8.2) (0.0) (5.7) 6.0 0 (7.5) 0
Financing Cash Flow (4.5) 1.7 (9.7) (13.5) (22.7) (11.8) (7.5) (6.0) (10.2) (6.0) (1.3) (5.5) (1.6) (0.5) (0.7) (18.4) (0.0) (1.3) (14.2) (1.2) 224.3 (6.6) (5.7) 6.0 0 (3.6) 0
Cash Position
Net Change in Cash (5.5) 29.9 (11.5) (1.1) (31.2) (9.6) 4.9 3.7 (10.4) 13.5 (0.9) 2.2 (4.8) 6.9 (7.6) (40.7) 9.5 (4.1) (9.7) 5.7 237.0 (3.9) (5.0) 12.2 1.6 4.8 0
Cash at Beginning 191.2 161.3 172.8 173.9 205.0 214.6 209.7 206.1 216.5 203.0 203.9 201.7 206.6 199.7 207.2 247.9 238.5 242.6 252.3 246.6 9.6 13.5 18.6 6.4 4.8 14.3 0
Cash at End 185.7 191.2 161.3 172.8 173.9 205.0 214.6 209.7 206.1 216.5 203.0 203.9 201.7 206.6 199.7 207.2 247.9 238.5 242.6 252.3 246.6 9.6 13.5 18.6 6.4 4.8 0
Free Cash Flow 2.6 29.4 (1.8) 16.1 (8.2) 16.3 12.4 9.7 (0.2) 22.8 3.3 7.6 (3.2) 9.6 (5.0) (20.1) 9.5 (2.8) 6.4 6.9 12.7 10.1 0.6 6.1 1.6 (5.9) 0
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1
Income Statement
Revenue 88.5 110.1 85.6 77.9 70.6 90.1 79.9 65.9 53.4 64.4 59.6 57.2 41.7 54.5 48.8 51.2 42.6 82.7 50.9 50.4 40.1 56.5 40.2 30.4 38.2 52.0 38.9 41.8 32.3
Gross Profit 74.0 51.3 39.8 35.9 30.6 42.5 35.3 30.7 23.5 31.8 28.6 23.7 18.4 22.5 21.3 20.2 16.4 38.1 21.9 18.7 15.8 30.5 20.1 11.8 14.6 23.2 17.9 17.7 12.0
Operating Income 35.9 12.7 4.2 0.0 (4.9) 5.9 4.0 (0.8) (5.7) 0.9 (2.8) (5.3) (11.1) (9.2) (12.9) (13.8) (13.4) 7.7 (11.8) (24.0) (14.7) 13.2 7.8 0.2 0.6 5.8 2.9 4.9 (0.8)
Net Income (0.5) 8.3 1.0 0.3 (1.2) 1.7 1.5 0.1 (0.9) 0.6 (0.5) (1.1) (2.5) (2.2) (3.1) (3.4) (3.2) 1.6 (2.5) (3.7) (3.1) 12.9 7.5 (0.0) 0.3 5.4 2.5 3.8 (1.8)
EPS (Diluted) -0.01 0.13 0.02 0.00 -0.02 0.03 0.02 0.00 -0.01 0.01 -0.01 -0.02 -0.04 -0.04 -0.05 -0.06 -0.05 0.03 -0.04 -0.06 -0.05 0.05 0.13 0.00 0.00 0.12 0.04 0.06 -0.03
Balance Sheet
Cash & Equivalents 185.7 191.2 161.3 172.8 173.9 205.0 214.6 209.7 206.1 216.5 203.0 203.9 201.7 206.6 199.7 207.2 247.9 238.5 242.6 252.3 246.6 9.6 13.5 (4.8) 4.8
Total Assets 439.0 474.7 395.9 398.0 394.5 440.8 429.7 408.6 395.0 404.9 378.5 361.5 349.1 377.9 358.5 359.9 388.7 389.1 354.0 356.4 341.8 133.5 108.8 0 106.9
Total Debt 23.4 21.7 22.6 23.7 25.0 26.0 26.9 26.6 27.3 25.4 26.3 27.3 28.0 28.7 24.8 21.0 39.0 17.5 17.5 17.5 23.5 23.5 23.5 0 17.5
Stockholders' Equity 85.3 82.1 23.3 27.5 36.5 53.8 59.4 63.1 65.6 68.3 64.7 60.2 60.0 59.2 58.7 59.1 60.0 60.2 56.3 95.3 64.6 27.6 27.3 22.7 22.7
Cash Flow
Operating Cash Flow 2.9 33.1 3.0 20.9 (4.5) 16.5 17.1 14.4 3.8 23.2 3.6 11.4 (0.6) 9.8 (4.8) (20.1) 11.6 (1.4) 6.5 8.8 14.8 4.7 2.6 8.0 3.5 (4.0) 0
Capital Expenditure (0.3) (3.7) (4.9) (4.8) (3.7) (0.2) (4.7) (4.7) (4.1) (0.5) (0.4) (3.8) (2.7) (0.2) (0.2) (0.0) (2.1) (1.4) (0.1) (2.0) (2.1) 5.4 (2.0) (1.9) (1.9) (1.9) 0
Free Cash Flow 2.6 29.4 (1.8) 16.1 (8.2) 16.3 12.4 9.7 (0.2) 22.8 3.3 7.6 (3.2) 9.6 (5.0) (20.1) 9.5 (2.8) 6.4 6.9 12.7 10.1 0.6 6.1 1.6 (5.9) 0