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Viant Technology vs PubMatic: DSP and PUBM compared
Viant Technology is the larger company: $104M of revenue in its latest quarter (Q2 2026) against $78.6M for PubMatic (Q2 2026). Viant Technology is growing faster (+34% against +10% a year earlier). PubMatic is more profitable, with an operating margin of 0.7% against -3.7%.
Where the money goes: DSP and PUBM
Viant Technology (DSP) · Q2 2026
Viant Technology, Q2 2026: revenue $104M (+34% year over year), operating margin -3.7%, net loss $1.8M, operating cash flow $28.3M. The chart follows the revenue to costs, profit and cash.
PubMatic (PUBM) · Q2 2026
PubMatic, Q2 2026: revenue $78.6M (+10% year over year), operating margin 0.7%, net loss $1.2M, operating cash flow $20.2M. The chart follows the revenue to costs, profit and cash.
| Viant Technology (DSP) | PubMatic (PUBM) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $104M | $78.6M |
| Revenue growth, Y/Y | +34% | +10% |
| Operating margin | -3.7% | 0.7% |
| Net earnings | −$1.8M | −$1.2M |
| Net margin | -1.8% | -1.5% |
| Operating cash flow | $28.3M | $20.2M |
| Free cash flow | $27.6M | $17.3M |
| Market value | — | $767M |
| Analysts’ mean target | — | $21.00 |
Questions
Which is bigger, Viant Technology or PubMatic?
Viant Technology is the larger company: $104M of revenue in its latest quarter (Q2 2026) against $78.6M for PubMatic (Q2 2026).
Is Viant Technology or PubMatic growing faster?
Viant Technology is growing faster (+34% against +10% a year earlier).
Which is more profitable, Viant Technology or PubMatic?
PubMatic is more profitable, with an operating margin of 0.7% against -3.7%.
More: Viant Technology earnings · how Viant Technology makes money · PubMatic earnings · how PubMatic makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 10, 2026; 10-Q filed Aug 6, 2026). Fiscal quarters can end on different dates. Not investment advice.