7 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 15.8% per year over the past 5 years.
Operating margin has contracted, at 3.5% in the latest year.
Free cash flow has grown 22.9% per year over the past 5 years.
Financial health
The company holds more cash ($191M) than total debt ($0).
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$344M
$8M
45.8%
3.5%
10.2%
1.8%
$52M
$0
$191M
2024
$289M
$2M
45.7%
1.2%
4.4%
0.5%
$49M
$0
$205M
2023
$223M
-$3M
46.0%
-8.2%
-5.0%
-0.9%
$37M
$0
$216M
2022
$197M
-$12M
40.8%
-25.0%
-20.1%
-3.2%
-$4M
$0
$207M
2021
$224M
-$8M
42.2%
-19.1%
-12.9%
-2.0%
$28M
$18M
$238M
2020
$165M
—
46.6%
13.2%
0.0%
0.0%
$18M
$24M
—
2019
$165M
—
43.0%
7.8%
—
—
$13M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$104M
-$111000
43.7%
-3.7%
-0.1%
-0.0%
$28M
$0
$193M
Mar '26
$89M
-$455000
41.1%
-4.5%
-0.5%
-0.1%
$3M
$0
$186M
Dec '25
$110M
$8M
46.6%
11.5%
10.1%
1.7%
$33M
$0
$191M
Sep '25
$86M
$996000
46.6%
4.9%
4.3%
0.3%
$3M
$0
$161M
Jun '25
$78M
$290000
46.1%
0.0%
1.1%
0.1%
$20M
$0
$173M
Mar '25
$71M
-$1M
43.3%
-6.9%
-3.3%
-0.3%
-$5M
$0
$174M
Dec '24
$90M
$2M
47.2%
6.6%
3.2%
0.4%
$16M
$0
$205M
Sep '24
$80M
$2M
44.2%
5.1%
2.5%
0.4%
$16M
$0
$215M
Jun '24
$66M
$55000
46.7%
-1.2%
0.1%
0.0%
$13M
$0
$210M
Mar '24
$53M
-$947000
44.0%
-10.7%
-1.4%
-0.2%
$3M
$0
$206M
Dec '23
$64M
$627000
49.3%
1.4%
0.9%
0.2%
$23M
$0
$216M
Sep '23
$60M
-$526000
48.0%
-4.7%
-0.8%
-0.1%
$3M
$0
$203M
Jun '23
$57M
-$1M
41.4%
-9.2%
-1.8%
-0.3%
$11M
$0
$204M
Mar '23
$42M
-$2M
44.1%
-26.6%
-4.1%
-0.7%
-$856000
$0
$202M
Dec '22
$55M
-$2M
41.2%
-16.9%
-3.7%
-0.6%
$10M
$0
$207M
Sep '22
$49M
-$3M
43.6%
-26.4%
-5.3%
-0.9%
-$5M
—
$200M
Jun '22
$51M
-$3M
39.6%
-26.9%
-5.8%
-0.9%
-$20M
—
—
Mar '22
$43M
-$3M
38.6%
-31.5%
-5.3%
-0.8%
$11M
$18M
—
Dec '21
$83M
$2M
46.1%
9.3%
2.6%
0.4%
-$1M
$18M
$238M
Sep '21
$51M
-$3M
43.0%
-23.2%
-4.5%
-0.7%
$6M
$18M
—
Valuation over time
How the market has priced DSP against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 150.6× (Dec '24) to 29.1× (Nov '26).
The price-to-sales ratio has risen from 0.4× (Mar '23) to 0.7× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is DSP growing its revenue and profit?
Over the past 5 years, Viant Technology Inc.'s revenue has grown 15.8% per year. These are computed facts, not advice.
How much debt does DSP have?
As of FY2025, Viant Technology Inc. reported $0 of total debt against $191M of cash.
What is DSP's profit margin?
In FY2025, gross margin was 45.8%, operating margin 3.5%, and net margin 2.4%.
What is DSP's P/E ratio?
Viant Technology Inc.'s P/E (TTM) is 28.02 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the DSP stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 29.1× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.