Viant Technology Q1 revenue beats estimates on high CTV spend

Viant Technology

11/05/2026 21:22

Overview

AI advertising platform's Q1 revenue rose 25% yr/yr, beating analyst expectations

Adjusted EPS for Q1 was $0.07, beating analyst expectations

Company completed TVision Insights acquisition to strengthen measurement and targeting capabilities

Outlook

Viant expects Q2 2026 revenue between $98.5 mln and $101.5 mln

Company sees Q2 2026 adjusted EBITDA of $13.0 mln to $14.0 mln

Viant expects to accelerate top-line growth and expand adjusted EBITDA margin in each quarter of 2026

Result Drivers

CTV ADVERTISER SPEND - Co said CTV spend reached a seasonal record high in Q1, representing over 50% of total advertiser spend on the platform

TVISION ACQUISITION - Co said acquisition of TVision Insights is expected to strengthen targeting and measurement capabilities through integration of proprietary attention data

AI PLATFORM INNOVATION - Co launched autonomous advertising campaigns using new AI architecture, which leverages proprietary data signals for campaign planning and execution

Company press release: ID:nBw2kC82na

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$88.54 mln
$84.82 mln (11 Analysts)
Q1 Adjusted EPS
Beat
$0.07
-$0.008 (10 Analysts)
Q1 Operating Income
-$3.96 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Viant Technology Inc is $17.00, about 41.2% above its May 8 closing price of $12.04

The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 42 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)