Filing Flows › Viant Technology (DSP) › Q2 2025
Viant Technology (DSP) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 11, 2025
Viant Technology (DSP) reported revenue of $77.9M for the second quarter 2025 (Q2 2025), +18% from a year earlier and +10% from the quarter before. Operating margin was 0.0%, net earnings $1.8M (2.3% of revenue).
Viant Technology, Q2 2025: revenue $77.9M (+18% year over year), operating margin 0.0%, net earnings $1.8M, operating cash flow $20.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $77.9M | +10% | +18% |
| Operating profit | $12K | — | — |
| Net earnings | $1.8M | — | +20% |
| Operating cash flow | $20.9M | — | +46% |
| Free cash flow | $20.5M | — | +53% |
What changed
Revenue was $77.9M in Q2 2025, up 18% year over year and up 10% from the previous quarter.
Operating profit was $12K, a 0.0% margin (up 1.2 points year over year). Total costs grew 17% against revenue growth of 18%. The fastest-growing cost line was Other operating costs (+32%). Net earnings were $290K, up 427% year over year. The effective tax rate was -19.5%. Non-operating items added $1.5M, 99% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $20.9M (up 46% year over year), 1171% of net income including minority interests. Non-cash charges added back $4.6M of depreciation and amortization and $6.3M of share-based compensation. Working capital and other items added $8.2M. Capital expenditures of $475K left free cash flow of $20.5M.
Questions
What was Viant Technology's revenue in the second quarter 2025?
Viant Technology (DSP) reported revenue of $77.9M for the second quarter 2025 (Q2 2025), +18% from a year earlier and +10% from the quarter before.
Was Viant Technology profitable in the second quarter 2025?
Operating profit was $12K (0.0% of revenue) and net earnings $1.8M.
Source: Viant Technology 10-Q on SEC EDGAR.