Viant Technology Reports Record Q3 2026 Results Driven by Connected TV Demand
Viant Technology (DSP) reported strong third-quarter 2026 financial results, headlined by a 29% year-over-year revenue increase to $110.4 million. The growth was primarily fueled by surging advertiser demand for connected television (CTV), which saw spend increase nearly 40% year-over-year and now accounts for over half of total platform spend. The company also highlighted significant operational milestones, including the acquisition of Waymark to bolster generative AI video capabilities and a massive 238% year-over-year increase in free cash flow for the first nine months of the year. Despite increased operating expenses related to R&D and acquisitions, Viant maintains a strong balance sheet with $183.2 million in cash and no debt. Looking ahead, Viant provided optimistic guidance for Q4 2026, projecting revenue between $130.5 million and $133.5 million. Management also signaled long-term confidence by forecasting at least 20% annual growth in contribution ex-TAC for fiscal year 2027.
Tickers: $DSP
Topics: advertiser spend connected television EBITDA revenue growth share repurchases