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← CockpitCompetitor Analysis › DSP Viant Technology, Inc. Class AOpen in the cockpit ↗

Viant Technology, Inc. Class ADSPCompetitor analysis, valuation and peers

United States · USD·Information Technology›Packaged Software
Momentum neutral 49
Mkt cap
$854M
US dollars, full cap
Free float
95%
of shares outstanding
$/day
$4.47M
20-day average traded
Fwd P/E
50.8×
forward earnings
ROIC−WACC
+22.3 pp
WACC 10.5%
Hurdle
-20 pp
Req g minus delivered
Next earnings
3 days
9 Nov 2026
Close · USD$12.85
1D+1.5%
1W+0.1%
1M-2.4%
3M-8.8%
6M+6.7%
YTD+6.7%
1Y+40.8%
ATR %5.3%
Beta1.17
52w lowhigh13.2% off high

What Viant Technology does

Employees: 380

Viant Technology at a glance

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).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026DSP 121Peer median 84
Six months, rebased to 100: Viant Technology against the median of its 20 peers (local-currency closes).

Viant Technology financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
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

Quarterly statements and history in the cockpit →

Viant Technology competitor charts

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.

Performance: 6-month against 1-month return

-20%0%+20%+40%-20%0%+20%300523603776300075PAR603383300525477632813037383009254180300043FQTBKSY215APRLHSTMQTCOMDSP6-month return →1-month return →
Up and to the right = strong over both horizons. Viant Technology is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%20×40×300523300075PAR603383300525477637383009254180FQT002123215APRLHSTMQTCOMDSPRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Viant Technology is the large dot.

Capital: growth delivered against growth the price implies

0%+25%+50%+75%0%50%60377660338330052547764180300043FQT215AQTCOMDSPGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Viant Technology is the large dot.

Viant Technology competitors and peer comparison

How Viant Technology compares with its peers

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.

Viant Technology against its 20 peers (data as of 6 Nov 2026)
MeasureDSPPeer medianRank 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 margin36.5%7.1%highest of 21
Forward P/E50.8×25.4×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 pp4th least demanding of 11
ROIC minus cost of capital+22.3 pp-3.3 pp4th highest of 21
EV / EBITDA5.5×12.4×cheapest of 9
Net debt / EBITDA-1.1×-0.4×2nd least indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Viant Technology DSPUnited States$854M+7%+22%36%50.8×-4.6%+15.8%
Beijing Global Safety Technology 300523.SZChina$855M-14%+29%-11%34.9×n/an/a
Youon Technology 603776.SSChina$852M+3%+34%-28%n/a16.7%-14.0%
Beijing eGOVA 300075.SZChina$851M-29%-5%-102%25.4×n/an/a
PAR Technology PARUnited States$850M+43%+19%-10%17.7×n/an/a
Fujian Apex Software 603383.SSChina$848M-15%-8%25%27.8×16.4%+10.7%
Fujian Boss Software 300525.SZChina$861M-24%-5%8%26.4×5.4%+12.1%
Cybozu 4776.TJapan$862M+43%+20%27%16.8×-2.8%+19.0%
Lunit 328130.KSSouth Korea$846M-25%+24%-76%n/an/an/a
Vobile 3738.HKHong Kong$844M-17%+20%13%18.8×n/an/a
Shenzhen Farben Information Technology 300925.SZChina$867M-27%+22%1%45.7×n/an/a
Appier 4180.TJapan$869M+50%+28%7%30.7×19.5%+37.3%
Rastar 300043.SZChina$870M-20%-43%20%n/a10.6%+3.7%
Frequentis FQT.DEGermany$870M-15%+34%9%19.0×-7.6%+14.1%
BlackSky Technology BKSYUnited States$873M-46%+4%-43%n/an/an/a
Montnets Cloud Technology 002123.SZChina$875M-21%-30%-11%22.8×n/an/a
Beijing Shenzhou Aerospace Software Technology 688562.SSChina$878M-21%+24%-5%n/an/an/a
Timee 215A.TJapan$878M+9%+56%18%21.0×0.0%+89.1%
Propel PRL.TOCanada$830M+28%+24%17%7.6×n/an/a
HealthStream HSTMUnited States$884M+21%+10%8%38.7×14.6%+4.4%
Qt Group Plc QTCOM.HEFinland$887M+62%+17%16%26.8×16.4%+22.2%

Questions

Which companies are Viant Technology's closest peers?
The cockpit's peer set: Beijing Global Safety Technology (300523.SZ), Youon Technology (603776.SS), Beijing eGOVA (300075.SZ), PAR Technology (PAR), Fujian Apex Software (603383.SS), Fujian Boss Software (300525.SZ), Cybozu (4776.T), Lunit (328130.KS).
Is Viant Technology expensive compared with its peers?
On forward p/e it trades at 50.8× against a peer median of 25.4×, most expensive of 16 in its peer set. 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.
How has Viant Technology stock performed?
Over six months to 6 Nov 2026 the shares returned +6.7% against -14.9% for the median peer; over one year +40.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.