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Viant Technology Announces Third Quarter 2026 Financial Results

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  • Viant Technology Inc. reported Q3 2026 revenue of $110.4 million, a 29% year-over-year increase.
  • Gross profit rose 30% year-over-year to $51.6 million.
  • Contribution ex-TAC increased 27% year-over-year to $67.2 million, exceeding the high-end of guidance.
  • Adjusted EBITDA grew 24% year-over-year to $19.8 million, also surpassing the high-end of guidance.
  • Non-GAAP net income increased 20% year-over-year to $13.4 million.
  • Net income attributable to Viant Technology Inc. decreased 93% year-over-year to $67,000 due to GAAP adjustments.
  • The company acquired Waymark, a generative AI video creative production platform for Connected TV advertising.
  • Connected TV advertiser spend grew nearly 40%, representing over 50% of total platform spend.
  • Direct Access transactions accounted for over 80% of CTV spend, up from over 50% in Q1 2026.
  • Viant established direct integrations with AI models including Claude, ChatGPT, and Cursor for natural language campaign management.
  • The TVision mobile meter was launched to connect linear TV and CTV viewership with real-world mobile consumer actions.
  • Share repurchase authorization was increased by $50 million to a total of $150 million.
  • During the period, Viant repurchased 1.4 million shares for $18.6 million under its repurchase program.
  • Q4 2026 revenue guidance is set between $130.5 million and $133.5 million.
  • Full-year 2026 revenue is expected to reach approximately $435 million, a 26% year-over-year increase.
  • Viant was named the winner of the "Best Buy-Side Programmatic Platform" by the Digiday Technology Awards.
  • The company holds $183.2 million in cash and cash equivalents as of September 30, 2026.
  • A conference call to discuss results is scheduled for November 9, 2026, at 2:00 p.m. Pacific Time.