DSP on Nasdaq
Viant Technology
We are an advertising technology company.6 From its latest annual report
Price unavailable
Last updated Oct 19, 2026.
Overview
Compare with Yalla Group Ltd, Nexxen International Ltd. or Health Catalyst, Inc., or pick any stock.
- TickerDSP on Nasdaq1
- IndustryServices-Computer Programming, Data Processing, Etc.1
- HeadquartersIrvine1
- Incorporated inDE5
- Business address2722 Michelson Drive, Suite 100, Irvine, Ca 926125
- Filer category, Emerging growth company5
- Legal formCorporation3
- LEI529900XYP88ROJDZNP983
- StatusActive3
- LEI statusIssued and current3
- Registered addressc/o COGENCY GLOBAL INC., 850 NEW BURTON ROAD SUITE 201, 19904 Dover, United States3
- Registered withDivision of Corporations, Department of State, 38586233
See how the biggest companies compare on our leaderboards
We are an advertising technology company. Our cloud-based demand side platform ("DSP") enables the programmatic purchase of advertising, which is the electronification of the digital advertising buying process. Programmatic advertising is rapidly taking market share from traditional ad sales channels, which require more staffing, offer less transparency, and involve higher costs to buyers.6 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
3.5%Operating margin4
2.4%Net margin4
19.0%Revenue growth, 20254
10.2%Return on equity4
0.00×Debt to equity4
$51.7MFree cash flow4
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue54¢$186.6M
- Other costs39¢$135.3M
- Income tax4¢$14.0M
- Profit2¢$8.4M
Out of $344.2M in revenue.4
Where each dollar of operating cash went, fiscal 2025
- Capital spending2¢$926.0K
- Kept or used elsewhere98¢$51.7M
Out of $52.6M of cash from operations.4
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $344.2M | $289.2M | $222.9M |
| Platform operations | $186.6M | $157.2M | $120.5M |
| Sales and marketing | $64.8M | $53.8M | $50.6M |
| Technology and development | $30.5M | $23.7M | $24.8M |
| General and administrative | $50.2M | $51.1M | $45.3M |
| Total operating expenses | $332.1M | $285.8M | $241.2M |
| Income (loss) from operations | $12.1M | $3.5M | -$18.3M |
| Interest income, net | -$6.1M | -$9.2M | -$8.6M |
| Other expense, net | $1.0K | $12.0K | $90.0K |
| TRA remeasurement expense | $10.9M | $0 | $0 |
| Employee retention credit | -$2.8M | $0 | $0 |
| Total other expense (income), net | $1.9M | -$9.2M | -$8.5M |
| Income (loss) before income taxes | $10.1M | $12.7M | -$9.8M |
| Provision for (benefit from) income taxes | -$14.0M | $249.0K | $151.0K |
| Income (loss) before income taxes | $24.1M | $12.5M | -$9.9M |
| Less: Net income (loss) attributable to noncontrolling interests | $15.7M | $10.1M | -$6.5M |
| Net income (loss) attributable to Viant Technology Inc. | $8.4M | $2.4M | -$3.4M |
| Basic (dollars per share) | $0.51 | $0.15 | -$0.23 |
| Diluted (dollars per share) | $0.36 | $0.14 | -$0.23 |
| Basic (shares) | 16.4M shares | 16.2M shares | 15.2M shares |
| Diluted (shares) | 67.0M shares | 20.5M shares | 15.2M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $191.2M | $205.0M | ||
| Accounts receivable, net of allowances | $177.1M | $147.0M | ||
| Prepaid expenses and other current assets | $7.9M | $10.5M | ||
| Total current assets | $376.2M | $362.5M | ||
| Property, equipment, and software, net | $35.1M | $31.5M | ||
| Operating lease assets, net | $19.7M | $23.7M | ||
| Intangible assets, net | $2.9M | $3.0M | ||
| Goodwill | $19.2M | $19.2M | ||
| Deferred tax assets | $17.5M | $0 | ||
| Other assets | $4.1M | $932.0K | ||
| Total assets | $474.7M | $440.8M | ||
| Accounts payable | $83.5M | $71.3M | ||
| Accrued liabilities | $50.8M | $47.4M | ||
| Accrued compensation | $13.0M | $11.5M | ||
| Deferred revenue | $583.0K | $581.0K | ||
| Current portion of operating lease liabilities | $5.1M | $4.7M | ||
| Other current liabilities | $4.0M | $10.0M | ||
| Total current liabilities | $157.0M | $145.5M | ||
| Long-term debt | $0 | $0 | ||
| Long-term portion of operating lease liabilities | $16.7M | $21.3M | ||
| Tax receivable agreement, liability, non-current | $12.2M | $0 | ||
| Total liabilities | $185.9M | $166.7M | ||
| Preferred stock, $0.001 par value | $0 | $0 | ||
| Additional paid-in capital | $182.7M | $125.4M | ||
| Accumulated deficit | -$91.8M | -$50.6M | ||
| Treasury stock, at cost; 678,095 and 1,565,373 shares held | -$8.9M | -$21.0M | ||
| Total stockholders' equity attributable to Viant Technology Inc. | $82.1M | $53.8M | ||
| Noncontrolling interests | $206.7M | $220.2M | ||
| Total equity | $288.8M | $274.1M | $274.4M | $265.8M |
| Total liabilities and stockholders equity | $474.7M | $440.8M | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares | ||
| Treasury stock, shares | 678.1K shares | 1.6M shares | ||
| Preferred stock, par value per share | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (shares) | 10.0M shares | 10.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $191.2M | $205.0M | ||
| Accounts receivable, net of allowances | $177.1M | $147.0M | ||
| Prepaid expenses and other current assets | $7.9M | $10.5M | ||
| Total current assets | $376.2M | $362.5M | ||
| Property, equipment, and software, net | $35.1M | $31.5M | ||
| Operating lease assets, net | $19.7M | $23.7M | ||
| Intangible assets, net | $2.9M | $3.0M | ||
| Goodwill | $19.2M | $19.2M | ||
| Deferred tax assets | $17.5M | $0 | ||
| Other assets | $4.1M | $932.0K | ||
| Total assets | $474.7M | $440.8M | ||
| Accounts payable | $83.5M | $71.3M | ||
| Accrued liabilities | $50.8M | $47.4M | ||
| Accrued compensation | $13.0M | $11.5M | ||
| Deferred revenue | $583.0K | $581.0K | ||
| Current portion of operating lease liabilities | $5.1M | $4.7M | ||
| Other current liabilities | $4.0M | $10.0M | ||
| Total current liabilities | $157.0M | $145.5M | ||
| Long-term debt | $0 | $0 | ||
| Long-term portion of operating lease liabilities | $16.7M | $21.3M | ||
| Tax receivable agreement, liability, non-current | $12.2M | $0 | ||
| Total liabilities | $185.9M | $166.7M | ||
| Preferred stock, $0.001 par value | $0 | $0 | ||
| Additional paid-in capital | $182.7M | $125.4M | ||
| Accumulated deficit | -$91.8M | -$50.6M | ||
| Treasury stock, at cost; 678,095 and 1,565,373 shares held | -$8.9M | -$21.0M | ||
| Total stockholders' equity attributable to Viant Technology Inc. | $82.1M | $53.8M | ||
| Noncontrolling interests | $206.7M | $220.2M | ||
| Total equity | $288.8M | $274.1M | $274.4M | $265.8M |
| Total liabilities and stockholders equity | $474.7M | $440.8M | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares | ||
| Treasury stock, shares | 678.1K shares | 1.6M shares | ||
| Preferred stock, par value per share | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (shares) | 10.0M shares | 10.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $24.1M | $12.5M | -$9.9M |
| Depreciation and amortization | $18.7M | $16.5M | $14.7M |
| Stock-based compensation | $24.8M | $21.0M | $32.3M |
| Provision for doubtful accounts | $622.0K | $1.4M | $100.0K |
| Loss on disposal of assets | $94.0K | $25.0K | $115.0K |
| Noncash lease expense | $4.2M | $4.0M | $4.0M |
| Deferred taxes | -$14.7M | $0 | $0 |
| TRA remeasurement expense | $10.9M | $0 | $0 |
| Accounts receivable | -$30.8M | -$30.2M | -$16.1M |
| Prepaid expenses and other assets | $2.9M | -$3.9M | -$87.0K |
| Accounts payable | $12.2M | $23.8M | $10.0M |
| Accrued liabilities | $3.6M | $7.9M | $4.2M |
| Accrued compensation | $1.6M | $939.0K | $1.4M |
| Deferred revenue | $2.0K | $161.0K | $193.0K |
| Operating lease liabilities | -$4.5M | -$4.1M | -$3.8M |
| Other liabilities | -$1.1M | $1.8M | $704.0K |
| Net cash provided by operating activities | $52.6M | $51.8M | $37.8M |
| Purchases of property and equipment | -$926.0K | -$2.5M | -$1.2M |
| Capitalized software development costs | -$17.4M | -$15.2M | -$12.3M |
| Cash paid for acquisitions | -$549.0K | -$10.0M | $0 |
| Cash paid for investments | -$3.5M | $0 | $0 |
| Net cash used in investing activities | -$22.3M | -$27.7M | -$13.5M |
| Repurchase of stock related to tax withholdings on vested equity awards | -$3.2M | -$10.7M | -$4.2M |
| Repurchase of stock related to the stock repurchase program | -$38.1M | -$21.6M | $0 |
| Payment of member tax distributions | -$6.6M | -$6.0M | -$10.2M |
| Proceeds from the exercise of stock options | $3.8M | $3.1M | $12.0K |
| Payment of offering costs | $0 | -$326.0K | $0 |
| Net cash used in financing activities | -$44.2M | -$35.4M | -$14.4M |
| Net increase (decrease) in cash and cash equivalents | -$13.9M | -$11.4M | $9.9M |
| Cash paid for interest | $282.0K | $282.0K | $215.0K |
| Stock-based compensation included in capitalized software development costs | $3.4M | $2.3M | $5.4M |
| Operating lease assets obtained in exchange for operating lease liabilities including adjustments | $233.0K | $4.7M | $505.0K |
| Capitalized assets financed by accounts payable and accrued liabilities | $550.0K | $599.0K | $1.1M |
| Accrued member tax distributions | $293.0K | $5.4M | $4.5M |
No quarter-by-quarter statement was filed.
Leadership
Who has led Viant Technology, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
2025
- Chief executive officerTimothy Vanderhook Feb 12, 2021 to now15
- ChairTimothy Vanderhook Feb 12, 2021 to now15
- Chief financial officerLarry Madden Feb 9, 2021 to now16
- Chief operating officerChristopher Vanderhook Feb 9, 2021 to now17
Board members and other officers (7)
- OfficerTimothy Vanderhook Feb 9, 2021 to Feb 9, 202118
- Board memberCraig Justin Abrahams Aug 12, 2026 to now19
- Board memberChristopher Vanderhook Feb 9, 2021 to now17
- Board memberTimothy Vanderhook Feb 9, 2021 to Feb 9, 202118
- Board memberElizabeth Goodwin Williams Feb 10, 2021 to Jun 4, 202420
- Board memberMax O. Valdes Feb 10, 2021 to now21
- Board memberVivian Yang Dec 9, 2021 to now22
Subsidiaries and ownership
Subsidiaries
- Myspace
From Wikidata.1
Timeline
Filings
298 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 34 major events, 130 insider forms, 49 large holders, 64 other. The latest 20:
- Oct 14, 20264 EDGAR
- Sep 18, 20268-K EDGAR
- Sep 18, 20264 EDGAR
- Sep 16, 2026144 EDGAR
- Sep 16, 2026424B5 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Aug 13, 20264 EDGAR
- Aug 12, 20264 EDGAR
- Aug 12, 20263 EDGAR
- Aug 10, 202610-Q EDGAR
- Aug 10, 20268-K EDGAR
- Aug 10, 20268-K EDGAR
- Jul 27, 20264 EDGAR
- Jul 23, 20264 EDGAR
- Jul 23, 20264 EDGAR
- Jul 23, 20264 EDGAR
- Jul 8, 20264 EDGAR
- Jul 6, 2026144 EDGAR
The 298 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
124 open-market trades by officers, directors and large owners since October 2021: 0 buys and 124 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 18, 2026 | MADDEN LARRYChief Financial Officer | Sale | 14,602 | $12.10 | $176.7K | Form 4 |
| Sep 16, 2026 | MADDEN LARRYChief Financial Officer | Sale | 17,042 | $12.52 | $213.4K | Form 4 |
| Aug 11, 2026 | MADDEN LARRYChief Financial Officer | Sale | 27,451 | $13.06 | $358.6K | Form 4 |
| Jul 23, 2026 | Capital V LLC10% owner | Sale | 12,912 | $10.47 | $135.2K | Form 4 |
| Jul 23, 2026 | Vanderhook ChristopherChief Operating Officer | Sale | 4,304 | $10.47 | $45.1K | Form 4 |
| Jul 23, 2026 | Vanderhook TimothyCEO and Chairman | Sale | 4,304 | $10.47 | $45.1K | Form 4 |
| Jul 23, 2026 | MADDEN LARRYChief Financial Officer | Sale | 2,814 | $10.69 | $30.1K | Form 4 |
| Jul 22, 2026 | Capital V LLC10% owner | Sale | 15,000 | $11.03 | $165.4K | Form 4 |
| Jul 22, 2026 | Vanderhook ChristopherChief Operating Officer | Sale | 5,000 | $11.03 | $55.1K | Form 4 |
| Jul 22, 2026 | Vanderhook TimothyCEO and Chairman | Sale | 5,000 | $11.03 | $55.1K | Form 4 |
| Jul 21, 2026 | Capital V LLC10% owner | Sale | 9,588 | $11.70 | $112.2K | Form 4 |
| Jul 21, 2026 | Vanderhook ChristopherChief Operating Officer | Sale | 3,196 | $11.70 | $37.4K | Form 4 |
| Jul 21, 2026 | Vanderhook TimothyCEO and Chairman | Sale | 3,196 | $11.70 | $37.4K | Form 4 |
| Jul 8, 2026 | MADDEN LARRYChief Financial Officer | Sale | 11,273 | $12.69 | $143.1K | Form 4 |
| Jul 7, 2026 | MADDEN LARRYChief Financial Officer | Sale | 9,149 | $12.86 | $117.7K | Form 4 |
| Jul 6, 2026 | MADDEN LARRYChief Financial Officer | Sale | 10,097 | $12.78 | $129.0K | Form 4 |
| Jun 18, 2026 | Capital V LLC10% owner | Sale | 7,500 | $10.96 | $82.2K | Form 4 |
| Jun 18, 2026 | Vanderhook ChristopherChief Operating Officer | Sale | 2,500 | $10.96 | $27.4K | Form 4 |
| Jun 18, 2026 | Vanderhook TimothyCEO and Chairman | Sale | 2,500 | $10.96 | $27.4K | Form 4 |
| Jun 17, 2026 | Capital V LLC10% owner | Sale | 15,000 | $11.09 | $166.3K | Form 4 |
All 124 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Larry MaddenSCHEDULE 13D/A, 8 filings Jun 12, 2024 to Jun 18, 202623
- Christopher VanderhookSCHEDULE 13G, 6 filings Feb 14, 2022 to May 13, 202624
- Timothy VanderhookSCHEDULE 13G, 6 filings Feb 14, 2022 to May 13, 202625
- VANGUARD GROUP INCSCHEDULE 13G/A, 5 filings Feb 10, 2022 to Mar 27, 202626
- ROYCE & ASSOCIATES LPSCHEDULE 13G, 4 filings Jan 30, 2024 to Jan 21, 202627
- Capital V LLCSCHEDULE 13G, 4 filings Feb 14, 2022 to Nov 14, 202528
- PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.SCHEDULE 13G/A, 2 filings May 15, 2025 to Aug 14, 202529
- Invenomic Capital Management LPSC 13G/A, 2 filings Feb 10, 2023 to Feb 14, 202430
- FMR LLCSC 13G/A, 4 filings Feb 9, 2022 to Sep 11, 202331
- Clearbridge Investments, LLCSC 13G/A, 2 filings Feb 10, 2022 to Feb 10, 202332
- KORNITZER CAPITAL MANAGEMENT INC /KSSC 13G/A, 2 filings Jan 25, 2022 to Jan 30, 202333
- JPMorgan ChaseSC 13G/A, 1 filing Jan 5, 202234
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Links
- WikidataQ115258245
- SEC EDGARCIK 1828791
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataViant Technology on Wikidata
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18SEC EDGARTimothy Vanderhook, Officer
- 19SEC EDGARCraig Justin Abrahams, Board member
- 20
- 21SEC EDGARMax O. Valdes, Board member
- 22SEC EDGARVivian Yang, Board member
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31SEC EDGARFMR LLC SC 13G/A on Viant Technology
- 32
- 33
- 34