Viant Technology Reports Strong Q2 2025 Financial Results

Viant Technology Inc., a leader in AI-powered programmatic advertising, has released its financial results for the second quarter of 2025, ending June 30. The company reported significant growth across various financial metrics, reflecting its robust performance and strategic advancements in the digital advertising space.

Financial Highlights

Viant Technology reported a revenue of $77.9 million for Q22025, marking an 18% increase from $65.9 million in Q22024. The gross profit also saw a 17% rise, reaching $35.9 million compared to $30.7 million in the previous year. Net income for the quarter was $1.8 million, up 20% from $1.5 million in Q22024. Notably, the net income attributable to Viant Technology Inc. surged by 427%, amounting to $290,000 from $55,000 in the same period last year. Earnings per share (EPS) of Class A common stock were $0.02, a significant improvement from $0.00 in Q22024.

Business and Operational Highlights

The company achieved record Connected TV (CTV) ad spend, which accounted for approximately 45% of the total ad spend on the platform. Viant also launched the third phase of its ViantAI product suite, AI Measurement and Analysis, aimed at providing on-demand insights for reporting. Additionally, the company established a growth pipeline of over $250 million in potential annualized ad spend opportunities with major U.S. advertisers.

Strategic Initiatives and Corporate Developments

Viant repurchased 3.8 million shares of Class A common stock from May 1,2024, through August 8,2025, for a total of $50.2 million, including $28.5 million year-to-date through August 8,2025. The company also appointed Brett Wilson, an ad-tech industry veteran and AI expert, to its board of directors as an independent director.

Management’s Perspective

Tim Vanderhook, Co-Founder and CEO of Viant, stated, “Viant delivered record second quarter results, with revenue, contribution ex-TAC, and adjusted EBITDA each increasing by a strong double-digit rate year-over-year. Our innovative solutions are resonating across the marketplace, leading to unprecedented engagement with major U.S. advertisers.” Larry Madden, CFO of Viant, added, “We are encouraged by a robust pipeline of new business opportunities, amongst major U.S. advertisers, who are increasingly recognizing the value of Viant’s unique CTV offering, advanced addressability solutions, and AI product suite.”

Future Outlook

For the third quarter of 2025, Viant expects revenue to be in the range of $83.5 million to $86.5 million, with contribution ex-TAC projected between $51.0 million and $53.0 million. The company also anticipates non-GAAP operating expenses to range from $37.0 million to $38.0 million and adjusted EBITDA to be between $14.0 million and $15.0 million.

SEC Filing: Viant Technology Inc. [ DSP ] – 8-K – Aug. 11, 2025