Viant Technology Sees $250M New Business Pipeline Opportunity Amid AI Rollout

Viant Technology reported record Q2 results, surpassing midpoint of adjusted EBITDA guidance. CEO Tim Vanderhook highlighted a $250M new business pipeline opportunity as the company advances its ViantAI rollout. The company achieved excellent results across all metrics, setting new records.

Viant Technology Inc. (DSP), a leader in AI-powered programmatic advertising, has reported record second-quarter (Q2) 2025 financial results, surpassing the midpoint of its adjusted EBITDA guidance. The company's CEO, Tim Vanderhook, highlighted a significant $250 million new business pipeline opportunity as the company advances its ViantAI rollout.

The company reported a revenue of $77.9 million for Q2 2025, marking an 18% increase from $65.9 million in Q2 2024 [2]. Gross profit also saw a 17% rise, reaching $35.9 million compared to $30.7 million in the previous year. Net income for the quarter was $1.8 million, up 20% from $1.5 million in Q2 2024. Notably, the net income attributable to Viant Technology Inc. surged by 427%, amounting to $290,000 from $55,000 in the same period last year [2].

Vanderhook emphasized strong growth fueled by demand for the company's Connected TV (CTV) offering, increased adoption of addressability solutions, and wider use of the ViantAI product suite. The company achieved record CTV ad spend, which accounted for approximately 45% of the total ad spend on the platform [2]. Additionally, Viant launched the third phase of its ViantAI product suite, AI Measurement and Analysis, aimed at providing on-demand insights for reporting [2].

Vanderhook also announced a $250 million pipeline of potential annualized ad spend opportunities with major U.S. advertisers. This significant pipeline reflects the company's strategic advancements in the digital advertising space and its ability to attract major advertisers [3].

For the third quarter of 2025, Viant expects revenue to be in the range of $83.5 million to $86.5 million, with contribution ex-TAC projected between $51.0 million and $53.0 million. The company also anticipates non-GAAP operating expenses to range from $37.0 million to $38.0 million and adjusted EBITDA to be between $14.0 million and $15.0 million [2].

Viant Technology's shares have lost about 34.3% since the beginning of the year versus the S&P 500's gain of 8.6%. However, the company's earnings outlook and the Zacks Rank #2 (Buy) for the stock suggest that the shares are expected to outperform the market in the near future [1].

References:
[1] https://finance.yahoo.com/news/viant-technology-dsp-q2-earnings-225505310.html
[2] https://www.tradingview.com/news/tradingview:cf6cf5512a0ec:0-viant-technology-reports-strong-q2-2025-financial-results/
[3] https://seekingalpha.com/news/4483624-viant-technology-outlines-250m-new-business-pipeline-opportunity-as-company-advances-viantai