Filing Flows › Viant Technology (DSP) › Q1 2025
Viant Technology (DSP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Viant Technology (DSP) reported revenue of $70.6M for the first quarter 2025 (Q1 2025), +32% from a year earlier and -22% from the quarter before. Operating margin was -6.9%, net loss $3.3M (4.7% of revenue).
Viant Technology, Q1 2025: revenue $70.6M (+32% year over year), operating margin -6.9%, net loss $3.3M, operating cash flow −$4.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $70.6M | -22% | +32% |
| Operating profit | −$4.9M | -182% | — |
| Net earnings | −$3.3M | -289% | — |
| Operating cash flow | −$4.5M | -127% | — |
What changed
Revenue was $70.6M in Q1 2025, up 32% year over year and down 22% from the previous quarter.
Operating costs exceeded revenue by $4.9M, an operating margin of -6.9%. Total costs grew 28% against revenue growth of 32%. The fastest-growing cost line was Cost of revenue (+34%). The quarter ended with a net loss of $3.3M, after a profit of $7.7M the previous quarter. Minority interests bore $2.1M of it: to shareholders the quarter was a loss of $1.2M. Non-operating items added $1.4M, -40% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$4.5M. Non-cash charges added back $4.3M of depreciation and amortization and $5.6M of share-based compensation. Working capital and other items used $11.1M. Capital expenditures of $124K exceeded it, leaving free cash flow of −$4.6M.
Questions
What was Viant Technology's revenue in the first quarter 2025?
Viant Technology (DSP) reported revenue of $70.6M for the first quarter 2025 (Q1 2025), +32% from a year earlier and -22% from the quarter before.
Was Viant Technology profitable in the first quarter 2025?
Operating loss was $4.9M (-6.9% of revenue) and net loss $3.3M.
Source: Viant Technology 10-Q on SEC EDGAR.