Viant Technology vs Perion Network
Perion Network is the larger business, with $440m of revenue in fiscal 2025 against $344m for Viant Technology (1.3 times as much). Viant Technology grew faster (19.0% against -11.7%). Viant Technology kept more of each dollar of sales as profit: a net margin of 2.4% against -1.8%. Viant Technology carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | Viant TechnologyDSP, 2025 | Perion NetworkPERI, 2025 |
|---|---|---|
| Revenue | $344m | $440m |
| Revenue growth | 19.0% | -11.7% |
| Net income | $8.4m | −$7.9m |
| Operating margin | 3.5% | -3.4% |
| Net margin | 2.4% | -1.8% |
| Return on equity | 12.3% | -1.1% |
| Free cash flow | $51.7m | $38.1m |
| Cash | $191m | $90.0m |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 380 | — |
| Market value | $842m | $446m |
| Price vs our value range | — | Below our value range |
| Moat score | 40 (Weak) | — |
| Insider trades, 12 months | 0 buys, 102 sales | 0 buys, 10 sales |