Filing Flows › Viant Technology (DSP) › Q1 2026 › vs Q4 2025
Viant Technology (DSP) Q1 2026 vs Q4 2025 (quarter over quarter)
Viant Technology's revenue fell $21.6M (-20%) from $110M in Q4 2025 to $88.5M in Q1 2026.
Viant Technology, Q1 2026: revenue $88.5M (+25% year over year), operating margin -4.5%, net loss $2.2M, operating cash flow $2.9M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 3.0% | 29.9% | -27.0 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $88.5M | $110M | −$21.6M | -20% |
| Other income, net | $1.4M | −$6.3M | $7.7M | — |
| Income tax benefit | $406K | $14.1M | −$13.7M | -97% |
| Net loss | $2.2M | −$20.5M | $22.7M | — |
| Costs & expenses | $92.5M | $124M | −$31.7M | -26% |
| Operating costs | $92.5M | $97.4M | −$4.9M | -5% |
| Cost of revenue | $52.2M | $58.8M | −$6.7M | -11% |
| Sales & marketing | $16.3M | $18.3M | −$2.1M | -11% |
| General & admin | $16.9M | $12.0M | $4.9M | +41% |
| Other operating costs | $7.1M | $8.2M | −$1.1M | -13% |
| Operating cash sources | $12.1M | $11.4M | $608K | +5% |
| Depreciation & amortization | $5.5M | $5.0M | $461K | +9% |
| Share-based compensation | $6.6M | $6.4M | $147K | +2% |
| Net loss absorbed | $2.2M | −$20.5M | $22.7M | — |
| Working capital & other | $6.9M | −$1.2M | $8.1M | — |
| Operating cash flow | $2.9M | $33.1M | −$30.2M | -91% |
| Free cash flow (OCF − capex) | $2.6M | $33.0M | −$30.4M | -92% |
| Capital expenditures | $313K | $101K | $212K | +210% |
Questions
How much did Viant Technology's revenue grow quarter over quarter in Q1 2026?
Viant Technology's revenue fell $21.6M (-20%) from $110M in Q4 2025 to $88.5M in Q1 2026.