Viant posts record Q2 revenue of $104.3M, up 34% YoY, and guides Q3 above consensus
DSP sits 74% above its 52-week low of $8.11 on elevated volume (2.9× avg).
Summary
Viant Technology reported Q2 2026 revenue of $104.3 million, up 34% year-over-year, and guided Q3 revenue to $107.5–$110.5 million, both exceeding expectations. Adjusted EBITDA rose 26% to $14.2 million, and the company highlighted accelerating CTV adoption.
Key Events · Earnings and Guidance · DSP
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Record Q2 Revenue and Profitability
Revenue of $104.3M grew 34% YoY, contribution ex-TAC of $60.2M grew 24% YoY, and adjusted EBITDA of $14.2M grew 26% YoY — all exceeding the high end of guidance.
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Strong Q3 Guidance
Q3 revenue guidance of $107.5M–$110.5M and adjusted EBITDA of $18.5M–$19.5M imply continued acceleration and margin expansion.
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CTV Momentum
CTV advertiser spend increased nearly 50% YoY, now representing over 50% of total platform spend, with over 80% transacted through Direct Access.
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Board Appointment
Craig Abrahams, former President and CFO of Playtika, appointed as independent director, adding digital media and M&A expertise.
Analysis · DSP · Technology
A record second quarter saw Viant beat the high end of its own guidance across revenue, contribution ex-TAC, and adjusted EBITDA. Revenue growth accelerated to 34% year-over-year, fueled by a nearly 50% surge in CTV advertiser spend. The company also issued Q3 guidance that implies continued momentum, with revenue and adjusted EBITDA midpoints above the Q2 beat. Against a backdrop of heavy insider selling over the past 90 days, these strong results and upbeat guidance provide a counter-narrative — suggesting the business is performing well even as insiders reduce exposure near 52-week highs.
At the time of this filing, DSP was trading at $14.09 on NASDAQ in the Technology sector, with a market capitalization of approximately $923.4M. The 52-week trading range was $8.11 to $14.80. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.