Viant Technology Inc
NASDAQ:DSP
Viant Technology Inc
Viant Technology Inc., established in the digital age, operates as a technology company that specializes in data-driven advertising software designed to transform how marketers approach their digital campaigns. Founded with a vision to harness the power of big data, Viant provides a comprehensive cloud-based platform called Adelphic. This software enables marketers to execute people-based advertising, allowing them to effectively target audiences across a multitude of channels and devices. By leveraging proprietary algorithms and artificial intelligence, Viant's platform empowers clients to optimize their marketing spend through precise targeting, measurement, and integration with various media outlets. As advertisers pivot towards data-centric strategies, Viant's deep analytical capabilities become indispensable in crafting campaigns that are not only efficient but also scalable.
Central to Viant's revenue model is its ability to offer its software as a service (SaaS), enabling recurring revenue streams through licensing agreements with clients. The company monetizes by providing subscriptions to its technology platform as well as executing media buying transactions where it charges a percentage of the media spend. Additionally, Viant enhances its value proposition with its extensive database of authenticated users, which allows brands to harness critical insights into consumer behavior. This data-driven approach helps clients gain an edge in a competitive digital ecosystem by delivering personalized and relevant advertising content. In essence, Viant Technology stands out by merging advanced technical solutions with strategic data insights, solidifying its role as a pivotal player in the evolving digital advertising landscape.
Viant Technology Inc., established in the digital age, operates as a technology company that specializes in data-driven advertising software designed to transform how marketers approach their digital campaigns. Founded with a vision to harness the power of big data, Viant provides a comprehensive cloud-based platform called Adelphic. This software enables marketers to execute people-based advertising, allowing them to effectively target audiences across a multitude of channels and devices. By leveraging proprietary algorithms and artificial intelligence, Viant's platform empowers clients to optimize their marketing spend through precise targeting, measurement, and integration with various media outlets. As advertisers pivot towards data-centric strategies, Viant's deep analytical capabilities become indispensable in crafting campaigns that are not only efficient but also scalable.
Central to Viant's revenue model is its ability to offer its software as a service (SaaS), enabling recurring revenue streams through licensing agreements with clients. The company monetizes by providing subscriptions to its technology platform as well as executing media buying transactions where it charges a percentage of the media spend. Additionally, Viant enhances its value proposition with its extensive database of authenticated users, which allows brands to harness critical insights into consumer behavior. This data-driven approach helps clients gain an edge in a competitive digital ecosystem by delivering personalized and relevant advertising content. In essence, Viant Technology stands out by merging advanced technical solutions with strategic data insights, solidifying its role as a pivotal player in the evolving digital advertising landscape.
Record Q3 Results: Viant delivered all-time high revenue of $85.6 million (up 7% YoY) and contribution ex-TAC of $53 million (up 12% YoY), both above guidance midpoints.
Core Growth Strong: Excluding political ad headwinds and a lost seasonal client, underlying revenue grew 19% and contribution ex-TAC grew 22% YoY.
CTV Strength: Connected TV (CTV) spend hit a record, accounting for 46% of total advertiser spend, with nearly half of CTV spend via Viant’s direct access program.
Major Client Win: Secured a flagship multiyear partnership with Molson Coors, expected to scale from Q2 2026 onward—part of a $250 million pipeline of new opportunities.
AI Product Progress: ViantAI suite nearing completion—AI Decisioning to launch by year-end, enabling full self-service, autonomous campaign management for SMB and performance advertisers.
Guidance Raised: Q4 revenue guided to $101.5–$104.5 million (up 14% YoY); full-year 2025 revenue and contribution ex-TAC growth now expected at 17% each, with 25% growth in adjusted EBITDA.
Margin Expansion: Adjusted EBITDA margin reached 30% in Q3 and is guided to 37% for Q4, with long-term margin expansion expected.
Capital Returns: $59.6 million repurchased since program launch, with $40.4 million remaining authorized.
