Viant Technology Reports Record 2025 Financial Results, Announces AI-Driven Advertising Solutions and Key Partnerships

Viant Technology Inc. Announces Record Fourth Quarter and Full Year 2025 Financial Results

Key Highlights for Investors

Record Quarterly Revenue: Viant Technology Inc. reported revenue of \$110.1 million for Q4 2025, representing a 19% increase from \$90.1 million in Q4 2024.
Full Year Revenue: For the year ended December 31, 2025, revenue was \$285.8 million, up from \$254.0 million in 2024, an increase of 13%.
Net Income Surge: Q4 2025 net income reached \$20.5 million (up 94% year-over-year from \$7.7 million). Full year net income was \$24.1 million versus \$12.5 million in 2024.
Robust Profitability: Net income as a percentage of gross profit rose to 40% in Q4 2025, compared to 18% in Q4 2024.
Earnings Per Share: Basic EPS for Class A common stock was \$0.49 in Q4 2025, up from \$0.11 in Q4 2024. Diluted EPS was \$0.31 versus \$0.10 in Q4 2024.
Adjusted EBITDA: Q4 2025 Adjusted EBITDA increased by 25% year-over-year.
Non-GAAP Net Income: Q4 2025 non-GAAP net income was \$18.99 million, up from \$14.2 million in Q4 2024.
Cash Position: Year-end cash and cash equivalents were \$205.0 million, up significantly from prior periods.
Share Repurchase: The company repurchased shares related to tax withholdings on vested equity awards, as well as under its stock repurchase program, totaling \$41.3 million in Q4 2025.
Strategic Partnership: Multi-year partnership signed with WHOOP, a leading human performance company with world-class wearable technology.
Record CTV Advertiser Spend: Viant achieved a new high in Connected TV (CTV) advertiser spend during the quarter.
Emerging Growth Company: Viant is classified as an emerging growth company, which may provide certain regulatory and accounting advantages.

Detailed Financials & Operational Highlights

Quarterly and Yearly Financial Performance

Revenue: The company posted fourth quarter revenue of \$110.1 million, up 19% year-over-year. Full year revenue reached \$285.8 million, up 13% from \$254.0 million in 2024. This growth reflects strong demand for Viant’s platform, particularly in Connected TV and Addressability, as well as the successful execution of strategic priorities.

Net Income: Net income for Q4 2025 was \$20.5 million (94% growth from Q4 2024). Full year net income for 2025 was \$24.1 million, up 93% from \$12.5 million in 2024. Net income as a percentage of gross profit was 40% in Q4, up from 18% in the previous year.

Earnings Per Share: Basic EPS for Q4 was \$0.49 (up from \$0.11), and diluted EPS was \$0.31 (up from \$0.10). For the full year, basic EPS was \$0.14 and diluted EPS was \$0.15.

Adjusted EBITDA: Adjusted EBITDA grew by 25% in Q4 2025, signaling improved operational efficiency.

Non-GAAP Net Income: Q4 non-GAAP net income was \$18.99 million, an increase from \$14.2 million the previous year. Non-GAAP EPS (basic) was \$0.23 for Q4 2025 (up from \$0.41 for the full year 2024).

Cash Flows: Operating cash flow was robust, and the company ended the year with \$205.0 million in cash and equivalents.

Balance Sheet Highlights

Total Assets: \$440.8 million as of December 31, 2025.
Total Liabilities: \$152.0 million, including \$50.8 million in accrued liabilities and \$166.7 million in accrued compensation.
Total Equity: \$288.8 million at year-end.
Class A Shares Outstanding: 17.6 million at year-end; Class B shares outstanding: 45.7 million.
Treasury Stock: 678,095 shares held at cost.

Stockholder Actions & Share Repurchase Program

Viant repurchased stock related to tax withholdings on vested equity awards and through its official stock repurchase program, totaling \$41.3 million in Q4. This action could be seen as a signal of management’s confidence in the company’s future and may contribute to shareholder value.

Strategic Partnerships & Business Developments

Signed a multi-year partnership with WHOOP, enhancing Viant’s profile in human performance and wearable technology.
Achieved record advertiser spend in Connected TV (CTV), supporting secular growth in digital media.
Viant’s go-to-market offering strengthened, positioning the company to capitalize on strategic priorities: CTV, Addressability, and ViantAI.

Conference Call and Webcast

Viant will host a conference call and webcast to discuss its results on March 11, 2026, at 2:00 p.m. Pacific/5:00 p.m. Eastern. Investors are encouraged to monitor Viant’s Investor Relations website and the LinkedIn/X accounts of its executives for further updates and disclosures.

Shareholder Considerations & Potential Price-Sensitive Information

Strong Growth Metrics: The significant increases in revenue, net income, and EPS are likely to be price sensitive and may positively affect share values.
Record CTV Advertiser Spend: Indicates strong demand and competitive positioning in the high-growth digital media segment.
Share Repurchases: Management’s decision to repurchase shares may be interpreted as a vote of confidence in the company’s prospects and could support the share price.
Strategic Partnership: The WHOOP partnership could drive further growth and innovation, making Viant attractive to investors seeking exposure to digital and performance technology sectors.
Emerging Growth Company Status: Regulatory advantages may position Viant for continued growth and flexibility in accounting standards.
Cash Position: The robust cash balance provides financial flexibility for growth initiatives, acquisitions, and shareholder returns.
Non-GAAP Measures: The company emphasizes non-GAAP metrics, which exclude stock-based compensation and other non-core items, to provide a clearer picture of core operating performance.

Risks and Forward-Looking Statements

Investors should note that the company’s financial results are subject to fluctuations in share price, potential forfeitures of equity grants, and other factors. Future GAAP results may be affected by these variables. Management cautions investors to review the company’s filings with the SEC, including its anticipated Annual Report on Form 10-K, for a comprehensive view of risks and uncertainties.

Contact Information

Media Contact: Marielle Lyon ([email protected])
Investor Contact: Nick Zangler ([email protected])

Disclaimer

This article is based on Viant Technology Inc.’s official financial filings and press release for the fourth quarter and full year 2025. It is intended for informational purposes only and should not be considered investment advice. Investors are urged to review the company’s SEC filings and consult with their financial advisors before making investment decisions. The financial results discussed may be subject to change and are affected by a variety of risks and uncertainties. Past performance is not necessarily indicative of future results.