Commerce.com vs Viant Technology
Viant Technology reported revenue of $344 million in fiscal 2025, about the same as Commerce.com's $342 million in fiscal 2025. Commerce.com's revenue grew 2.8% in its latest year, and Viant Technology's grew 19.0%. Commerce.com had an operating margin of -4.7%, against 3.5% at Viant Technology. Free cash flow was $17 million at Commerce.com and $52 million at Viant Technology.
Side by side
| Commerce.com | Viant Technology | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $342M | $344M |
| Revenue growth | 2.8% | 19.0% |
| Revenue growth a year, last 5 years | 17.6% | 15.8% |
| Gross margin | 78.8% | 45.8% |
| Operating margin | −4.7% | 3.5% |
| Net margin | −5.7% | 2.4% |
| Free cash flow | $17M | $52M |
| Free cash flow margin | 4.9% | 15.0% |
| Return on capital | −20.2% | 14.5% |
| Net debt to EBITDA | — | −6.2x |
| Dividends and buybacks | $0M | $0M |
| Change in diluted share count | 3.5% | 227.2% |
| Last close | $3.62 | $12.85 |
| P/E at the last close | — | 35.7× |
| Insider trades, last 12 months | bought $294,000, sold $26,243 | sold $7.9 million |
| Piotroski F-score | 6 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Commerce.comViant Technology
Operating margin
Percent of revenue
Commerce.comViant Technology
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Commerce.comViant Technology
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Commerce.com and Viant Technology pages.