Employees: 380
Size Viant Technology (DSP) is a United States Information Technology company (Packaged Software) with a market value of $854M, the 2351st largest of 3,117 United States companies the cockpit tracks. Shares closed at $12.85 on 6 Nov 2026.
Performance Over six months the shares gained 6.7%, against -14.9% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 22.0% over the last twelve months (peer median +20.4%); the operating margin is 36.5% (peer median 7.1%).
Valuation It trades at 50.8× forward earnings against a peer median of 25.4× (most expensive of 16).
Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -20 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 22.3 points above its cost of capital (10.5% WACC).
Short interest Short interest is 10.3% of the free float (15 Oct 2026).
Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $388M | $344M | $289M | $223M | $197M |
| Revenue growth | — | +19% | +30% | +13% | — |
| Gross profit | $297M | $289M | $129M | $99.9M | $77.8M |
| EBITDA | $163M | $168M | $22.1M | -$3.10M | -$34.7M |
| Net income | $8.69M | $8.35M | $2.36M | -$3.44M | -$11.9M |
| Free cash flow | $66.0M | $51.7M | $49.3M | $36.6M | -$4.29M |
| Capital expenditure | $19.6M | $18.3M | $17.7M | $13.5M | $8.83M |
| Total debt | $22.1M | $21.7M | $26.0M | $25.4M | $28.7M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | DSP | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.4% | +0.4% | 9th lowest of 21 |
| 6-month return | +6.7% | -14.9% | 8th highest of 21 |
| Distance from 52-week high | -13.2% | -38.5% | 4th highest of 21 |
| Revenue growth (TTM) | +22.0% | +20.4% | 9th highest of 21 |
| Operating margin | 36.5% | 7.1% | highest of 21 |
| Forward P/E | 50.8× | 25.4× | most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | -4.6% | 12.6% | 2nd least demanding of 11 |
| Growth delivered (Del g) | +15.8% | +13.1% | 5th highest of 11 |
| Hurdle (Req g minus delivered) | -20.4 pp | -6.2 pp | 4th least demanding of 11 |
| ROIC minus cost of capital | +22.3 pp | -3.3 pp | 4th highest of 21 |
| EV / EBITDA | 5.5× | 12.4× | cheapest of 9 |
| Net debt / EBITDA | -1.1× | -0.4× | 2nd least indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Viant Technology DSP | United States | $854M | +7% | +22% | 36% | 50.8× | -4.6% | +15.8% |
| Beijing Global Safety Technology 300523.SZ | China | $855M | -14% | +29% | -11% | 34.9× | n/a | n/a |
| Youon Technology 603776.SS | China | $852M | +3% | +34% | -28% | n/a | 16.7% | -14.0% |
| Beijing eGOVA 300075.SZ | China | $851M | -29% | -5% | -102% | 25.4× | n/a | n/a |
| PAR Technology PAR | United States | $850M | +43% | +19% | -10% | 17.7× | n/a | n/a |
| Fujian Apex Software 603383.SS | China | $848M | -15% | -8% | 25% | 27.8× | 16.4% | +10.7% |
| Fujian Boss Software 300525.SZ | China | $861M | -24% | -5% | 8% | 26.4× | 5.4% | +12.1% |
| Cybozu 4776.T | Japan | $862M | +43% | +20% | 27% | 16.8× | -2.8% | +19.0% |
| Lunit 328130.KS | South Korea | $846M | -25% | +24% | -76% | n/a | n/a | n/a |
| Vobile 3738.HK | Hong Kong | $844M | -17% | +20% | 13% | 18.8× | n/a | n/a |
| Shenzhen Farben Information Technology 300925.SZ | China | $867M | -27% | +22% | 1% | 45.7× | n/a | n/a |
| Appier 4180.T | Japan | $869M | +50% | +28% | 7% | 30.7× | 19.5% | +37.3% |
| Rastar 300043.SZ | China | $870M | -20% | -43% | 20% | n/a | 10.6% | +3.7% |
| Frequentis FQT.DE | Germany | $870M | -15% | +34% | 9% | 19.0× | -7.6% | +14.1% |
| BlackSky Technology BKSY | United States | $873M | -46% | +4% | -43% | n/a | n/a | n/a |
| Montnets Cloud Technology 002123.SZ | China | $875M | -21% | -30% | -11% | 22.8× | n/a | n/a |
| Beijing Shenzhou Aerospace Software Technology 688562.SS | China | $878M | -21% | +24% | -5% | n/a | n/a | n/a |
| Timee 215A.T | Japan | $878M | +9% | +56% | 18% | 21.0× | 0.0% | +89.1% |
| Propel PRL.TO | Canada | $830M | +28% | +24% | 17% | 7.6× | n/a | n/a |
| HealthStream HSTM | United States | $884M | +21% | +10% | 8% | 38.7× | 14.6% | +4.4% |
| Qt Group Plc QTCOM.HE | Finland | $887M | +62% | +17% | 16% | 26.8× | 16.4% | +22.2% |