Viant Tech | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 85.58 M

Revenue: As of FY2025 Q3, the actual value is USD 85.58 M, beating the estimate of USD 85.53 M.

EPS: As of FY2025 Q3, the actual value is USD 0.06.

EBIT: As of FY2025 Q3, the actual value is USD 5.694 M.

Revenue

• Three Months Ended September 30, 2025: $85.6 million
• Nine Months Ended September 30, 2025: $234.1 million

Gross Profit

• Three Months Ended September 30, 2025: $39.8 million
• Nine Months Ended September 30, 2025: $106.3 million

Contribution ex-TAC

• Three Months Ended September 30, 2025: $53.0 million
• Nine Months Ended September 30, 2025: $144.1 million

Net Income

• Three Months Ended September 30, 2025: $5.2 million
• Nine Months Ended September 30, 2025: $3.6 million

Non-GAAP Net Income

• Three Months Ended September 30, 2025: $11.2 million
• Nine Months Ended September 30, 2025: $22.0 million

Adjusted EBITDA

• Three Months Ended September 30, 2025: $16.0 million
• Nine Months Ended September 30, 2025: $32.7 million

Operating Expenses

• Three Months Ended September 30, 2025: $81.4 million
• Nine Months Ended September 30, 2025: $234.7 million

Platform Operations

• Three Months Ended September 30, 2025: $45.7 million
• Nine Months Ended September 30, 2025: $127.8 million

Sales and Marketing

• Three Months Ended September 30, 2025: $16.7 million
• Nine Months Ended September 30, 2025: $46.5 million

Technology and Development

• Three Months Ended September 30, 2025: $7.7 million
• Nine Months Ended September 30, 2025: $22.3 million

General and Administrative

• Three Months Ended September 30, 2025: $11.2 million
• Nine Months Ended September 30, 2025: $38.1 million

Cash Flow

• Nine Months Ended September 30, 2025:
  • Operating Activities: $19.5 million
  • Investing Activities: - $17.4 million
  • Financing Activities: - $45.9 million

Future Outlook and Strategy

• Core Business Focus: Viant Technology Inc. plans to continue investing in its platform, including the integration of new advertising channels and leveraging artificial intelligence and machine learning to improve the efficiency and effectiveness of advertising campaigns. The company expects ViantAI to accelerate market share gains and expand its total addressable market. Viant Technology Inc. also intends to grow its sales and marketing efforts to increase awareness of its DSP and highlight the advantages of its addressability solutions, HHID and IRIS_ID, and strategic partner data as a superior option to cookie-based targeting.
• Non-Core Business: The company may continue to acquire other complementary businesses, products, and technologies and enter into joint ventures or similar strategic relationships to grow its business. Viant Technology Inc. may also explore strategic acquisitions to expand its platform offerings and improve its technology infrastructure.
• Priority: The company emphasizes strategies with concrete projections or quantitative indicators, such as the growth of its ViantAI product suite and the expansion of its sales and marketing efforts to increase customer adoption and usage of its platform.