Veritone Inc
NASDAQ:VERI

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Veritone Inc
NASDAQ:VERI
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Price: 5.21 USD -5.1% Market Closed
Market Cap: 478.3m USD

Veritone Inc
Investor Relations

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.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 6, 2025
AI Summary
Q3 2025

Revenue Growth: Veritone reported Q3 2025 revenue of $29.1 million, up 32% year-over-year and above prior guidance.

AI Software Surge: Software products and services revenue grew 55% year-over-year, with VDR-related software revenue (excluding Veritone Hire) surging over 200%.

Debt Reduction: The company eliminated all term debt and repurchased about 50% of convertible debt, reducing annual debt service from over $14 million to about $800,000.

Profitability Outlook: Management reaffirmed confidence in achieving operating profitability in the latter half of 2026.

Q4 and 2025 Guidance Raised: Q4 revenue guided to $33.4–$39.4 million (up 63% YoY at midpoint); full year 2025 revenue expected between $109–$115 million (up 22% YoY).

Robust Pipeline: VDR bookings and pipeline more than doubled sequentially, and the total qualified public sector pipeline grew to $218 million, signaling strong future growth.

Liquidity Strengthened: Over $100 million in equity capital was raised in September and October, leaving the company with ample cash to fund operations through 2026.

Key Financials
Revenue
$29.1 million
Software Products and Services Revenue Growth
55% year-over-year increase
ARR
$68.8 million
Gross Profit
$18.7 million
Gross Margin
63.3%
Non-GAAP Net Loss
$5.8 million (Q3 2025)
Operating Loss
$15.8 million
Net Loss from Continuing Operations
$26.9 million
Cash and Restricted Cash
$36.5 million (as of September 30, 2025)
Consolidated Debt
$123.1 million (after Q3 paydown); will be reduced to ~$45 million post-announced paydown
Public Sector Pipeline
$218 million
VDR Bookings and Pipeline
Over $40 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Ryan Scott Steelberg
Co-Founder, CEO & Chairman
No Bio Available
Mr. Chad E. Steelberg
Co-Founder & Director
No Bio Available
Mr. Scott Bogdan
Senior Vice President of Operations
No Bio Available
Mr. Fleming Meng
Chief Information Officer
No Bio Available
Mr. Brian Matthew Alger C.F.A.
Senior Vice President of Investor Relations
No Bio Available
Mr. Craig S. Gatarz
Chief Legal Officer
No Bio Available
Mr. Thor Valdmanis
Senior Vice President of Corporate Communications
No Bio Available
Mr. Ben Xiang
SVP of Corporate Development & Strategy and GM of aiWARETM
No Bio Available
Ms. Maria Moore
Chief Marketing Officer
No Bio Available
Ms. Julie Harding
Chief People Officer
No Bio Available

Contacts

Address
COLORADO
Denver
1515 Arapahoe St., Tower 3, Suite 400
Contacts
+18885071737.0
www.veritone.com