Veritone Inc
NASDAQ:VERI
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Veritone Inc
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Veritone Inc
Veritone, Inc. engages in the provision of artificial intelligence (AI) computing solutions to media and entertainment, government, and legal and compliance industries. The company is headquartered in Denver, Colorado and currently employs 546 full-time employees. The company went IPO on 2017-05-12. The firm's AI operating system, aiWARE, uses machine learning algorithms or AI models, together with a suite of applications, to reveal valuable insights from amounts of structured and unstructured data. Its aiWARE platform offers capabilities that mimic human cognitive functions, such as perception, prediction and problem solving, enabling users to transform unstructured data into structured data, and analyze and optimize data to drive business processes and insights. The company also offers cloud-native digital content management solutions and content licensing services, primarily to customers in the media and entertainment market. In addition, it operates a full-service advertising agency that uses aiWARE to provide various services, including media planning and strategy, advertisement buying and placement, campaign messaging, clearance verification and attribution, and custom analytics.
Veritone, Inc. engages in the provision of artificial intelligence (AI) computing solutions to media and entertainment, government, and legal and compliance industries. The company is headquartered in Denver, Colorado and currently employs 546 full-time employees. The company went IPO on 2017-05-12. The firm's AI operating system, aiWARE, uses machine learning algorithms or AI models, together with a suite of applications, to reveal valuable insights from amounts of structured and unstructured data. Its aiWARE platform offers capabilities that mimic human cognitive functions, such as perception, prediction and problem solving, enabling users to transform unstructured data into structured data, and analyze and optimize data to drive business processes and insights. The company also offers cloud-native digital content management solutions and content licensing services, primarily to customers in the media and entertainment market. In addition, it operates a full-service advertising agency that uses aiWARE to provide various services, including media planning and strategy, advertisement buying and placement, campaign messaging, clearance verification and attribution, and custom analytics.
Revenue range: Veritone said preliminary Q4 2025 revenue will land in a wide range of $18.1 million to $30.0 million, with the spread driven almost entirely by one complex transaction signed in the quarter.
Oracle deal: Management announced a multiyear partnership with Oracle Cloud Infrastructure to lower compute and storage costs and help scale aiWARE, Veritone Data Refinery, and related data services.
Data supply: A strategic Q4 data-set transaction gave Veritone preferred access to customers controlling more than 50 million hours of monetizable data, and management said that could generate over $100 million of VDR revenue over the next 3 years.
2026 outlook: Veritone guided 2026 revenue to $130 million to $145 million, with public sector revenue expected to grow 60% to 70% and gross margin expected at 60% to 65%.
Profitability path: The company sees non-GAAP net loss improving to $13.5 million to $22.5 million in 2026 and said profitability could come as early as Q4 2026, depending on VDR and public sector growth.
Balance sheet: Veritone retired all senior secured term debt and repurchased about half of its convertible notes in Q4, cutting annual debt carrying costs from roughly $14 million to $800,000.