Education
About Us
Working with TipRanks
Follow Us
Viant Technology (DSP)
NASDAQ:DSP
Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.01Last Year’s EPS
-0.07Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was strongly positive: management reported record Q4 and full-year 2025 financials with double-digit revenue and contribution ex-TAC growth, sizable adjusted EBITDA and margin expansion, robust cash generation, and a debt-free balance sheet. Strategic momentum in CTV, addressability (Household ID, IRIS ID), and the new Outcomes AI product provide multiple growth levers and demonstrated early case-study performance improvements. Near-term headwinds include difficult political comparisons, some client migration and tariff effects, acquisition-related expense drag, and the seasonal Q1 trough with limited immediate contribution from recent large wins. Management expects sequential acceleration through 2026 driven by client ramps, Outcomes adoption, and H2 political spending, but execution and competitive risks remain.Company Guidance
Record Quarterly Financial Results
Q4 2025 revenue $110.1M, up 22% year-over-year and 29% sequentially; Q4 contribution ex-TAC $64.6M, up 19% year-over-year and 22% sequentially; Q4 adjusted EBITDA $24.7M, up 45% year-over-year and 54% sequentially, exceeding the high end of guidance.
Strong Full-Year 2025 Performance
FY 2025 revenue $344.2M (+19% YoY); contribution ex-TAC $208.7M (+18% YoY); adjusted EBITDA $57.4M (+29% YoY); adjusted EBITDA margin expanded ~250 basis points to ~28%; non-GAAP net income $41.1M (+19% YoY).
Robust Cash Flow and Balance Sheet
Cash and cash equivalents $191.2M, no debt, positive working capital $219.2M; cash flow from operations $33.1M (+101% YoY); free cash flow $28.2M (+132% YoY); $59.6M returned to shareholders via buybacks since May 2024.
CTV Leadership and Adoption
CTV reached an all-time high representing 46% of total advertiser spend in Q4; CTV contribution ex-TAC increased >40% YoY for the second consecutive year; nearly 50% of full-year CTV spend transacted through the Direct Access Premium Publisher program.
Addressability Scale — Household ID
Household ID embedded in over 80% of programmatic bid requests and over 90% of CTV requests; 95% of household addresses mapped to Viant's ID graph, covering over 115M U.S. households and claiming ~4x coverage vs. competitors.
Rapid IRIS ID Traction
IRIS ID presence in the CTV bidstream grew ~5x to nearly 50% of incoming CTV bid requests (since acquisition); Q4 revenue attached to IRIS utilization increased 90% sequentially, with advertisers bidding up for IRIS-enabled inventory due to improved performance.
Launch and Early Success of Outcomes (Viant AI)
Introduced Outcomes, an autonomous AI decisioning solution powered by the AI Lattice Brain; >20 customers tested Outcomes with strong case-study performance (examples below), positioning Viant to compete for performance budgets currently dominated by walled gardens.
Documented Case-Study Performance Gains from Outcomes
Selected customer results: MacKenzie-Childs: 58% lower cost per conversion and ~180% more total sales vs. human control; UMass Global: 82% lower cost per outcome; Kampgrounds of America: 76% reduction; Tire Discounters: 43% reduction; Uqora: 95% reduction; Alzheimer’s Association: 68% reduction.
Operational Efficiency Improvements
Trailing-twelve-month contribution ex-TAC per employee up >8% YoY, marking 10 consecutive quarterly increases; non-GAAP operating expenses rose modestly with organic op ex +5% YoY (excluding acquisitions).
2026 Guidance Highlights
Q1 2026 guidance: revenue $83M–$86M (midpoint +20% YoY), contribution ex-TAC $49M–$51M (midpoint +17% YoY), adjusted EBITDA $8.5M–$9.5M (midpoint +67% YoY) and expected adjusted EBITDA margin improvement (~+500 bps YoY at midpoint). Management expects sequential acceleration through 2026 driven by new clients, Outcomes adoption and political spend in H2.
DSP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DSP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 11, 2026 | $11.09 | $12.60 | +13.62% |
Nov 10, 2025 | $8.74 | $10.48 | +19.91% |
Aug 11, 2025 | $12.00 | $9.74 | -18.83% |
May 06, 2025 | $14.91 | $13.11 | -12.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Viant Technology (DSP) report earnings?
Viant Technology (DSP) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is Viant Technology (DSP) earnings time?
Viant Technology (DSP) earnings time is at May 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DSP EPS forecast?
DSP EPS forecast for the fiscal quarter 2026 (Q1) is -0.01.