Filing Flows › Viant Technology (DSP) › Q3 2025
Viant Technology (DSP) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 10, 2025
Viant Technology (DSP) reported revenue of $85.6M for the third quarter 2025 (Q3 2025), +7% from a year earlier and +10% from the quarter before. Operating margin was 4.9%, net earnings $996K (1.2% of revenue).
Viant Technology, Q3 2025: revenue $85.6M (+7% year over year), operating margin 4.9%, net earnings $996K, operating cash flow $3.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $85.6M | +10% | +7% |
| Operating profit | $4.2M | 353× | +5% |
| Net earnings | $996K | +243% | -34% |
| Operating cash flow | $3.0M | -85% | -82% |
| Free cash flow | $2.8M | -86% | -83% |
What changed
Revenue was $85.6M in Q3 2025, up 7% year over year and up 10% from the previous quarter.
Operating profit was $4.2M, a 4.9% margin (down 0.1 points year over year). Of the extra revenue versus a year earlier, 3% reached operating profit, below the 5% margin then. Total costs grew 7% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+37%). Net earnings were $1.0M, down 34% year over year. The effective tax rate was 9.5%. Non-operating items added $1.5M, 26% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $3.0M (down 82% year over year), 59% of net income including minority interests. Non-cash charges added back $4.8M of depreciation and amortization and $6.4M of share-based compensation. Working capital and other items used $13.3M. Capital expenditures of $226K left free cash flow of $2.8M.
Questions
What was Viant Technology's revenue in the third quarter 2025?
Viant Technology (DSP) reported revenue of $85.6M for the third quarter 2025 (Q3 2025), +7% from a year earlier and +10% from the quarter before.
Was Viant Technology profitable in the third quarter 2025?
Operating profit was $4.2M (4.9% of revenue) and net earnings $996K.
Source: Viant Technology 10-Q on SEC EDGAR.