VERI · Veritone, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.46M | - | $29.12M | $24.01M | $22.46M | - | $21.99M | $30.99M | $31.64M | - |
| Cost of Revenue | - | - | - | - | - | - | $6.33M | $6.58M | $7.05M | - |
| Gross Profit | - | - | - | - | - | - | $15.67M | $24.41M | $24.59M | - |
| R&D | $5.75M | - | $5.49M | $4.93M | $5.21M | - | $7.53M | $6.64M | $9.21M | - |
| SG&A | $10.95M | - | $12.98M | $12.65M | $14.00M | - | $14.42M | $16.77M | $19.42M | - |
| Total Operating Expenses | $39.68M | - | $44.92M | $43.33M | $44.10M | - | $44.48M | $48.65M | $53.48M | - |
| D&A | $5.78M | - | $7.15M | $6.88M | $6.95M | - | $1.13M | $968.0K | $7.50M | - |
| Operating Income | ($19.42M) | - | ($15.80M) | ($19.32M) | ($21.63M) | - | ($22.49M) | ($17.66M) | ($21.84M) | - |
| Interest Expense | - | - | - | - | $4.06M | - | - | - | - | - |
| Income Tax | ($613.0K) | - | ($283.0K) | $884.0K | ($326.0K) | - | ($2.58M) | ($43.0K) | ($1.04M) | - |
| Net Income | ($19.51M) | - | ($26.88M) | ($26.80M) | ($19.88M) | - | ($21.75M) | ($22.23M) | ($25.20M) | - |
| EPS - Basic | ($0.21) | - | ($0.41) | ($0.54) | ($0.41) | - | ($0.57) | ($0.59) | ($0.67) | - |
| EPS - Diluted | ($0.21) | - | - | ($0.54) | ($0.41) | - | ($0.57) | ($0.59) | ($0.67) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $15.09M | $27.43M | $36.23M | $13.57M | $16.08M | $16.91M | $11.42M | $46.02M | $90.73M | $79.44M |
| Accounts Receivable | $26.72M | $36.77M | $35.16M | $31.86M | $33.82M | $32.00M | $33.86M | $53.93M | $45.75M | $69.27M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $12.95M | $16.49M | $11.46M | $15.09M | $13.17M | $11.02M | $9.36M | $33.37M | $36.59M | $32.76M |
| Current Assets | $50.45M | $73.91M | $84.71M | $57.94M | $61.29M | $59.41M | $165.41M | $141.91M | $172.37M | $182.77M |
| Total Assets | $155.20M | $182.28M | $200.22M | $186.81M | $199.65M | $198.06M | $336.43M | $321.80M | $359.64M | $375.81M |
| Current Liabilities | $96.26M | $103.78M | $64.66M | $64.84M | $62.06M | $60.96M | $249.29M | $181.66M | $197.67M | $188.82M |
| Long-term Debt | - | - | $35.36M | $37.30M | $39.24M | $41.18M | $73.63M | $75.56M | $77.50M | $77.50M |
| Total Liabilities | $106.20M | $114.16M | $184.20M | $185.59M | $184.89M | $184.61M | $361.59M | $327.50M | $344.78M | $337.67M |
| Stockholders' Equity | $49.00M | $68.12M | $16.02M | $1.22M | $14.75M | $13.45M | ($25.16M) | ($5.69M) | $14.87M | $38.15M |
| Retained Earnings | ($598.52M) | ($579.01M) | ($540.83M) | ($513.95M) | ($487.15M) | ($467.28M) | ($499.07M) | ($477.32M) | ($455.09M) | ($429.90M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($11.49M) | - | - | - | ($17.04M) | - | - | - | $15.93M | - |
| Investing Cash Flow | ($534.0K) | - | - | - | ($1.35M) | - | - | - | ($1.90M) | - |
| Financing Cash Flow | ($486.0K) | - | - | - | $17.86M | - | - | - | ($2.67M) | - |
| CapEx | $534.0K | - | - | - | $1.35M | - | - | - | $1.90M | - |
| Free Cash Flow | ($12.03M) | - | - | - | ($18.40M) | - | - | - | $14.03M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | 71.2% | 78.8% | 77.7% | - |
| Operating margin | -86.5% | - | -54.3% | -80.4% | -96.3% | - | -102.3% | -57.0% | -69.0% | - |
| EBITDA margin | -60.7% | - | -29.7% | -51.8% | -65.4% | - | -97.1% | -53.9% | -45.3% | - |
| Net margin | -86.8% | - | -92.3% | -111.6% | -88.5% | - | -98.9% | -71.7% | -79.6% | - |
| Free cash flow margin | -53.5% | - | - | - | -81.9% | - | - | - | 44.3% | - |
| FCF / Net income | 0.62 | - | - | - | 0.93 | - | - | - | -0.56 | - |
| R&D / Revenue | 25.6% | - | 18.9% | 20.5% | 23.2% | - | 34.2% | 21.4% | 29.1% | - |
| SG&A / Revenue | 48.7% | - | 44.6% | 52.7% | 62.3% | - | 65.6% | 54.1% | 61.4% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -12.6% | - | -13.4% | -14.3% | -10.0% | - | -6.5% | -6.9% | -7.0% | - |
| Return on equity | -39.8% | - | -167.8% | -2200.2% | -134.7% | - | 86.4% | 390.4% | -169.5% | - |
| Return on invested capital | - | - | -24.3% | -39.6% | -31.7% | - | -36.7% | -20.0% | -18.7% | - |
| Liquidity | ||||||||||
| Current ratio | 0.52 | 0.71 | 1.31 | 0.89 | 0.99 | 0.97 | 0.66 | 0.78 | 0.87 | 0.97 |
| Quick ratio | 0.52 | 0.71 | 1.31 | 0.89 | 0.99 | 0.97 | 0.66 | 0.78 | 0.87 | 0.97 |
| Cash ratio | 0.16 | 0.26 | 0.56 | 0.21 | 0.26 | 0.28 | 0.05 | 0.25 | 0.46 | 0.42 |
| Leverage | ||||||||||
| Debt / Equity | - | - | 2.21 | 30.62 | 2.66 | 3.06 | -2.93 | -13.27 | 5.21 | 2.03 |
| Debt / Assets | - | - | 0.18 | 0.20 | 0.20 | 0.21 | 0.22 | 0.23 | 0.22 | 0.21 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | -5.3x | - | - | - | - | - |
| Equity multiplier | 3.17 | 2.68 | 12.50 | 153.37 | 13.53 | 14.72 | -13.37 | -56.52 | 24.19 | 9.85 |
| Liabilities / Assets | 0.68 | 0.63 | 0.92 | 0.99 | 0.93 | 0.93 | 1.07 | 1.02 | 0.96 | 0.90 |
| Efficiency | ||||||||||
| Asset turnover | 0.14 | - | 0.15 | 0.13 | 0.11 | - | 0.07 | 0.10 | 0.09 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 434d | - | 441d | 484d | 550d | - | 562d | 635d | 528d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | 540d | 1851d | 1895d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 3735.0x | - | 19.5x | 51.3x | 7.6x | - | - | - | 13.2x | - |
| P / S | 8147.2x | - | 10.8x | 2.6x | 5.0x | - | 6.2x | 2.7x | 6.2x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 0.0% | - | 32.4% | -22.5% | -29.0% | - | -37.4% | 10.8% | 4.5% | - |
| Revenue CAGR (3y) | -9.5% | - | -7.8% | -11.1% | -13.2% | - | -1.0% | 17.3% | 20.0% | - |
| Revenue CAGR (5y) | 4.2% | - | 13.1% | 12.6% | 13.5% | - | 23.9% | 49.4% | 48.5% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | -43.9% | 20.8% | 4.8% | - |
| Operating income growth (YoY) | 10.2% | - | 29.7% | -9.4% | 0.9% | - | 2.5% | 37.3% | 7.4% | - |
| Net income growth (YoY) | 1.8% | - | -23.6% | -20.5% | 21.1% | - | 11.4% | 4.6% | -9.7% | - |
| EPS growth (YoY) | 48.8% | - | - | 8.5% | 38.8% | - | 13.6% | 6.3% | -6.3% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 34.6% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 232.1% | 406.4% | - | - | -0.7% | -64.7% | - | - | -75.5% | -52.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$118.56M totalSoftware Products And Services$65.82M · 55.5%
Managed Services$26.37M · 22.2%
Licensing$19.57M · 16.5%
Representation Services$6.80M · 5.7%
Peer comparison
Same SIC group: Services-Computer Processing & Data Preparation
Comparing Veritone against the 5 most active filers in the same SIC group.