Viant Technology (DSP) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Viant Technology

NasdaqGS•Technology•Software - Application

$12.58-0.16(-0.01%)Pre-market

Market Cap

$248.16M

P/E

28.6x

P/S

0.6x

P/B

2.2x

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.

How this company scores

GoodMetricSide Score: 73/100

Strongest: Cash & Earnings Quality (24/25); weakest: Profitability (12/25).

Profitability12/25

Growth22/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality24/25

Strengths

Growing revenueRising free cash flowRising earningsInterest easily covered

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 28.6x5y range 21.3x – 145.3x

Currently below its 8-quarter median.

P/S · 0.6x5y range 0.0x – 1.1x

Currently above its 19-quarter median.

P/B · 2.2x5y range 0.0x – 7.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Share Dilution

Red Flag

Shares outstanding increased 20.9% — significant dilution, likely from stock compensation or capital raises.

Price & Volume

Market Cap $248.16M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $388.50M
Q. Revenue: $104.25M
TTM EBITDA: $39.34M
TTM Op. Income: $9.12M
Q. Op. Income: $-3.85M
TTM Net Income: $8.69M
Q. Net Income: $-111,000
EPS: $-0.01
Shares Out.: $19.70M

$388.50M in TTM revenue grew 22.0% YoY, reaching $104.25M last quarter. TTM EBITDA of $39.34M and TTM operating income of $9.12M show growth is flowing through to the bottom line. TTM net income of $8.69M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 43.7%
EBITDA Margin: 1.6%
Op. Margin: -3.7%
Net Margin: -0.1%

Op. margin of -3.7% is down 3.7% YoY — costs are rising relative to revenue. Net margin at -0.1% and gross margin of 43.7% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 24071% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 28.6x
P/S Ratio: 0.6x
P/B Ratio: 2.2x

At 28.6x P/E, the stock trades within typical market levels. P/S of 0.6x and P/B of 2.2x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 68% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $498.44M
Cash: $193.05M
Long-Term Debt: N/A
Book Value: $113.45M
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $28.34M
TTM Free Cash Flow: $66.03M
FCF Margin: 17.0%
FCF / Net Income: 7.6

TTM FCF of $66.03M on $28.34M in operating cash flow. The FCF / Net Income ratio of 7.6x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.