Revenue: As of FY2026 Q2, the actual value is USD 104.25 M, beating the estimate of USD 100.05 M.

EPS: As of FY2026 Q2, the actual value is USD -0.03.

EBIT: As of FY2026 Q2, the actual value is USD -2.598 M.

Second Quarter 2026 Financial Highlights (Year-over-Year)

Gross Profit

Gross profit increased by 27% to $45,544 thousand in Q2 2026 from $35,883 thousand in Q2 2025.

Net Income (Loss)

Net income (loss) was -$1,836 thousand in Q2 2026, representing a -203% change from $1,787 thousand in Q2 2025.

Net Income (Loss) Attributable to Viant Technology Inc.

Net income (loss) attributable to Viant Technology Inc. was -$111 thousand in Q2 2026, compared to $290 thousand in the prior year period.

Income (Loss) from Operations

Income (loss) from operations was -$3,852 thousand in Q2 2026, a significant change from $12 thousand in Q2 2025.

Total Operating Expenses

Total operating expenses increased to $108,106 thousand in Q2 2026 from $77,841 thousand in Q2 2025.

Non-GAAP Metrics

Contribution ex-TAC increased by 24% to $60,204 thousand in Q2 2026, up from $48,372 thousand. Adjusted EBITDA grew by 26% to $14,208 thousand from $11,283 thousand. Adjusted EBITDA as a percentage of contribution ex-TAC was 24% in Q2 2026, up from 23% in Q2 2025. Non-GAAP net income increased by 23% to $9,869 thousand from $8,012 thousand.

Operational Metrics

CTV advertiser spend increased by nearly 50% year-over-year, accounting for over 50% of total advertiser spend on the platform. Over 80% of CTV spend was transacted through Direct Access in Q2 2026, a substantial increase from over 50% in Q1 2026.

Cash Flow (Six Months Ended June 30)

Net Cash from Operating Activities

Net cash provided by operating activities was $31,265 thousand in 2026, an increase from $16,482 thousand in 2025.

Net Cash from Investing Activities

Net cash used in investing activities was -$25,314 thousand in 2026, compared to -$12,566 thousand in 2025.

Net Cash from Financing Activities

Net cash used in financing activities was -$4,049 thousand in 2026, a decrease from -$36,148 thousand in 2025.

Net Increase/Decrease in Cash and Cash Equivalents

The net increase in cash and cash equivalents was $1,902 thousand in 2026, improving from a net decrease of -$32,232 thousand in 2025.

Cash and Cash Equivalents at End of Period

Cash and cash equivalents at the end of the period were $193,053 thousand in 2026, up from $172,816 thousand in 2025.

Outlook for Third Quarter 2026

Viant Technology Inc. expects revenue to be in the range of $107.5 million to $110.5 million. Contribution ex-TAC is projected to be between $65.0 million and $67.0 million. Adjusted EBITDA is anticipated to range from $18.5 million to $19.5 million.