Viant Technology (DSP) Q1 2026 earnings summary

Executive summary

• Achieved record Q1 2026 results with revenue up 25% year-over-year to $88.5 million, surpassing guidance, and driven by strong demand in CTV and key verticals such as financial services, healthcare, consumer goods, and industrials.

• Adjusted EBITDA rose 81% year-over-year to $9.8 million, reflecting operational efficiency and productivity gains, with margin expanding to 19% of contribution ex-TAC.

• Net loss improved 34% year-over-year to $2.2 million, while non-GAAP net income nearly doubled to $5.6 million.

• Closed the acquisition of TVision in May 2026, enhancing proprietary attention data, CTV measurement, and AI optimization capabilities.

• Launched autonomous advertising campaigns and AI-powered solutions, with strong early adoption and growth potential.

Financial highlights

• Q1 2026 revenue was $88.5 million, up 25% year-over-year and above guidance.

• Contribution ex-TAC reached $50.3 million, up 18% year-over-year.

• Adjusted EBITDA was $9.8 million, up 81% year-over-year, with a margin of 19% of contribution ex-TAC.

• Non-GAAP net income was $5.6 million, nearly doubling from the prior year.

• Free cash flow for the trailing 12 months was $41.5 million, up 59% year-over-year.

Outlook and guidance

• Q2 2026 revenue guidance: $98.5–$101.5 million, up 28% year-over-year at midpoint.

• Q2 contribution ex-TAC guidance: $58.5–$60.5 million, up 23% year-over-year at midpoint.

• Q2 Adjusted EBITDA guidance: $13–$14 million, with margin expected to expand.

• Management expects accelerated top-line growth and further adjusted EBITDA margin expansion throughout 2026.

• Ongoing focus on AI-driven product suite and CTV as key growth drivers.