Short answer
Viant Technology Inc. (DSP) filed its Q3 2025 10-Q quarterly report on Nov 10, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $86M (up 7.1% year over year) with net income of $996,000.
Q3 2025 key financials · XBRL
- Revenue
- $86M
- +7.1% YoY · +9.9% QoQ
- Net income
- $996,000
- −33.9% YoY · +243.4% QoQ
- Operating margin
- 4.9%
- EPS (diluted)
- $0.06
- −33.3% YoY · +500.0% QoQ
Source: XBRL data from the Viant Technology Inc. (DSP) Q3 2025 10-Q on SEC EDGAR. USD.
Viant Technology Inc. Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $85.6M, up 7% YoY from $79.9M
- Net margin 6% vs 8% YoY; operating margin 5% vs 5%
- Business services, retail, automotive, public services revenue up 49%; political vertical declined after prior election cycle
- Adjusted EBITDA $16.0M, up 9% YoY from $14.7M
- Cash interest income declined with lower rates and money market balances; headwinds included macroeconomic uncertainty and political-seasonality shifts
Risk Factors
- No explicit new or changed risk identified; filing presents principal risks without comparison to the prior 10-K
- Data privacy, AI and security compliance risk, including regulatory investigations, litigation, fines, penalties and data-use restrictions
- Programmatic advertising demand risk, particularly slower CTV market growth or reduced customer adoption
- Advertising agency concentration risk, with holding-company consolidation potentially reducing platform spend
- Working-capital liquidity risk, from paying inventory and data suppliers before customer collections and reliance on credit facilities
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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