Press release
Viant Technology Announces First Quarter 2025 Financial Results
Revenue growth of 32% and gross profit growth of 30% year-over-year Contribution ex-TAC growth of 25% and adjusted EBITDA growth of 76% year-over-year CTV
About this update from Viant Technology Inc.
[{"type":"text","content":"\nRevenue growth of 32% and gross profit growth of 30% year-over-year\n\nContribution ex-TAC growth of 25% and adjusted EBITDA growth of 76% year-over-year\n\nCTV eclipsed 45% of total advertiser spend(1)\n\nIncreased share repurchase authorization by $50 million, underscoring continued commitment to shareholder returns\n\n IRVINE, Calif.--(BUSINESS WIRE)--\nViant Technology Inc. (Nasdaq: DSP), a leader in AI-powered programmatic advertising, today reported financial results for its first quarter ended March 31, 2025.\n\n\"Viant delivered record first quarter results, with revenue, contribution ex-TAC and adjusted EBITDA surpassing the high end of our guidance for the quarter,\" said Tim Vanderhook, Co-Founder and CEO, Viant. \"We are exhibiting secular growth, propelled by a strategic alignment to proliferating digital channels including CTV, streaming audio and digital-out-of-home, which collectively represent the majority of advertiser spend on our platform. At the same time, utilization of Viant's industry leading audience and contextual addressability solutions, Household ID and IRIS ID, continues to ramp, and ViantAI remains in the early stages of adoption. With unique exposure to secular tailwinds and differentiated technology, we believe Viant is well positioned to outperform the broader advertising industry.\"\n\n\n\nFirst Quarter 2025 Financial Highlights, year-over-year (in thousands, except percentages and per share data):\n\n\n\n\n\n\n\n\n\n \n\n\n\n \n\n\n\n2025\n\n\n\n \n\n\n\n2024\n\n\n\n \n\n\n\nChange (%)\n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n \n\n\n\n(NM = Not Meaningful)\n\n\n\n\n\nGAAP\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\nRevenue\n\n\n\n$\n\n\n\n70,642\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n53,393\n\n\n\n \n\n\n\n \n\n\n\n32\n\n\n\n%\n\n\n\n\n\nGross profit\n\n\n\n$\n\n\n\n30,562\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n23,513\n\n\n\n \n\n\n\n \n\n\n\n30\n\n\n\n%\n\n\n\n\n\nNet loss\n\n\n\n$\n\n\n\n(3,307\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n(3,214\n\n\n\n)\n\n\n\n \n\n\n\n(3\n\n\n\n)%\n\n\n\n\n\nNet loss as a percentage of gross profit\n\n\n\n \n\n\n\n(11\n\n\n\n)%\n\n\n\n \n\n\n\n \n\n\n\n(14\n\n\n\n)%\n\n\n\n \n\n\n\nNM\n\n\n\n \n\n\n\n\n\nNet loss attributable to Viant Technology Inc.\n\n\n\n$\n\n\n\n(1,190\n\n\n\n)\n\n\n\n \n\n\n\n$\n\n\n\n(947\n\n\n\n)\n\n\n\n \n\n\n\...