undamentalytics Newsletter

Viant Technology vs Mntn

Viant Technology is the larger business, with $344m of revenue in fiscal 2025 against $290m for Mntn (1.2 times as much). Mntn grew faster (28.6% against 19.0%). Viant Technology kept more of each dollar of sales as profit: a net margin of 2.4% against -2.2%. Viant Technology carries less debt relative to equity (0.0% against 0.0%).

Latest fiscal yearViant TechnologyDSP, 2025MntnMNTN, 2025
Revenue $344m $290m
Revenue growth 19.0% 28.6%
Net income $8.4m −$6.4m
Operating margin 3.5% 8.3%
Net margin 2.4% -2.2%
Return on equity 12.3% -6.5%
Free cash flow $51.7m —
Cash $191m $210m
Total debt $0 $0
Debt to equity 0.0% 0.0%
Dividend per share — —
Dividend yield — —
Share buybacks — $10.0m
Employees 380 534
Market value $842m $762m
Price vs our value range — —
Moat score 40 (Weak) —
Insider trades, 12 months 0 buys, 102 sales 0 buys, 6 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.