Viant Technology reported strong third-quarter growth, with revenue and several profitability measures rising by more than 20% year over year. The advertising technology company also expanded its share repurchase authorization by $50 million, bringing the total to $150 million.
The results cover the quarter ended Sept. 30, 2026. Viant’s chief executive attributed the momentum to its evolution into an advertising intelligence company and pointed to its acquisition of Waymark, a generative AI video-creative production platform, as part of its service expansion.
Third-quarter performance
- Revenue increased 29% from a year earlier, while gross profit rose 30%.
- Contribution ex-TAC, a measure of contribution that excludes traffic acquisition costs, increased 27%.
- Adjusted EBITDA rose 24%. Viant said contribution ex-TAC and adjusted EBITDA both exceeded the high end of its guidance range.
- The company characterized the quarter as a record third quarter.
Share repurchase authorization
- Viant’s board approved an additional $50 million for repurchases, bringing the authorization to $150 million. Repurchases may cover either Viant Class A shares or Class B units in Viant Technology LLC.
- The company may buy securities through open-market purchases, block trades, private transactions, accelerated repurchases or other methods. It may also use trading plans to carry out purchases over time.
- The authorization has no set end date and does not require Viant to buy any particular amount. The board can change, pause or end the program at any time.
- Viant expects to fund purchases with cash and cash equivalents, short-term investments and/or future cash flows.
What it means
The earnings figures show broad year-over-year growth across revenue, gross profit and the company’s stated contribution and EBITDA measures. The larger repurchase authorization gives Viant more capacity to return capital, but it is permission to buy shares or units—not a commitment to use the full $150 million.