NASDAQ : VERI
Veritone, Inc. — Financial statements
Technology · Software - Infrastructure · United States
Last price 0.67 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 67.31M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Veritone, Inc. (VERI) reported revenue of 91.06M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 91.06M | 92.19M | 92.64M | 99.99M | 149.73M | 115.31M |
| Cost of Revenue | 30.78M | 29.61M | 27.25M | 27.77M | 27.43M | 22.13M |
| Gross Profit | 60.28M | 62.58M | 65.38M | 72.22M | 122.30M | 93.18M |
| Selling, General & Admin | 91.13M | 95.95M | 98.26M | 101.79M | 115.21M | 105.50M |
| Research & Development | 22.20M | 20.71M | 26.82M | 40.59M | 43.39M | 25.06M |
| Amortization of Goodwill & Intangibles | 21.18M | 8.87M | ||||
| Operating Expenses | 137.93M | 143.84M | 153.59M | 167.58M | 179.78M | 139.43M |
| Operating Income | -77.65M | -81.25M | -88.21M | -95.36M | -57.49M | -46.25M |
| Interest Expense | -4.61M | -10.22M | -12.07M | -2.77M | -4.86M | -538.00K |
| Currency Exchange Gain (Loss) | -385.00K | 200.00K | -49.00K | 700.00K | ||
| Other Non Operating Income (Expenses) | -135.00K | -20.00K | -1.05M | 6.00K | 512.00K | -62.00K |
| EBT Excluding Unusual Items | -82.78M | -91.30M | -101.38M | -97.42M | -61.84M | -46.85M |
| Merger & Restructuring Charges | -4.52M | -4.21M | -3.23M | -3.05M | ||
| Gain (Loss) on Sale of Assets | -172.00K | 2.57M | ||||
| Other Unusual Items | -21.45M | -20.66M | 1.36M | 30.02M | 41.82M | -12.07M |
| Pretax Income | -108.75M | -111.96M | -100.19M | -69.04M | -23.25M | -61.97M |
| Income Tax Expense | -1.71M | -228.00K | -3.86M | -3.32M | 2.31M | 2.70M |
| Earnings From Continuing Operations | -107.03M | -111.73M | -96.33M | -65.71M | -25.56M | -64.67M |
| Earnings From Discontinued Operations | 58.95M | 7.09M | ||||
| Net Income | -107.03M | -111.73M | -37.38M | -58.62M | -25.56M | -64.67M |
| Net Income to Common | -107.03M | -111.73M | -37.38M | -58.62M | -25.56M | -64.67M |
| Shares Outstanding (Basic) | 85.56M | 63.32M | 38.03M | 36.91M | 36.03M | 33.30M |
| Shares Outstanding (Diluted) | 85.56M | 63.32M | 38.03M | 36.91M | 36.03M | 33.30M |
| EPS (Basic) | -1.25 | -1.76 | -0.98 | -1.59 | -0.71 | -1.94 |
| EPS (Diluted) | -1.25 | -1.76 | -0.98 | -1.60 | -0.71 | -1.94 |
| Free Cash Flow | -54.75M | -58.18M | -30.82M | -81.15M | -1.03M | 6.22M |
| Free Cash Flow Per Share | -0.64 | -0.92 | -0.81 | -2.20 | -0.03 | 0.19 |
| Gross Margin | 66.20% | 67.88% | 70.58% | 72.23% | 81.68% | 80.81% |
| Operating Margin | -85.27% | -88.14% | -95.22% | -95.37% | -38.40% | -40.11% |
| Profit Margin | -117.54% | -121.20% | -40.36% | -58.63% | -17.07% | -56.09% |
| Free Cash Flow Margin | -60.13% | -63.11% | -33.27% | -81.16% | -0.69% | 5.39% |
| EBITDA | -58.13M | -59.16M | -63.37M | -72.04M | -35.41M | -36.84M |
| EBITDA Margin | -63.84% | -64.18% | -68.40% | -72.05% | -23.65% | -31.95% |
| D&A For EBITDA | 19.51M | 22.09M | 24.84M | 23.31M | 22.07M | 9.41M |
| EBIT | -77.65M | -81.25M | -88.21M | -95.36M | -57.49M | -46.25M |
| EBIT Margin | -85.27% | -88.14% | -95.22% | -95.37% | -38.40% | -40.11% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 12.42M | 27.43M | 16.91M | 46.61M | 184.42M | 254.72M |
| Cash & Short-Term Investments | 12.42M | 27.43M | 16.91M | 46.61M | 184.42M | 254.72M |
| Accounts Receivable | 28.04M | 36.77M | 32.00M | 33.90M | 76.16M | 107.32M |
| Other Receivables | 1.58M | 1.68M | 854.00K | 1.66M | 3.81M | 4.93M |
| Receivables | 29.62M | 38.45M | 32.85M | 35.56M | 79.97M | 112.24M |
| Prepaid Expenses | 3.08M | 5.38M | 5.23M | 5.51M | 5.46M | 12.12M |
| Other Current Assets | 2.35M | 2.66M | 4.41M | 98.13M | 8.15M | |
| Total Current Assets | 47.48M | 73.91M | 59.41M | 185.81M | 278.00M | 379.08M |
| Property, Plant & Equipment | 11.40M | 11.38M | 10.89M | 9.75M | 7.05M | 1.56M |
| Long-Term Investments | 2.97M | 2.97M | 2.99M | 4.79M | 2.75M | |
| Goodwill | 54.01M | 54.26M | 53.11M | 53.53M | 46.50M | 42.03M |
| Other Intangible Assets | 29.69M | 38.64M | 59.50M | 83.42M | 79.66M | 93.87M |
| Long-Term Deferred Tax Assets | 860.00K | 835.00K | 1.77M | 1.71M | ||
| Other Long-Term Assets | 2.09M | 290.00K | 10.39M | 39.85M | 10.79M | 1.81M |
| Total Assets | 148.49M | 182.28M | 198.06M | 378.86M | 424.75M | 518.35M |
| Accounts Payable | 15.05M | 16.49M | 11.02M | 16.62M | 36.74M | 46.71M |
| Accrued Expenses | 24.46M | 23.81M | 22.59M | 20.78M | 122.59M | 114.02M |
| Current Portion of Long-Term Debt | 45.47M | 45.32M | 7.75M | 5.81M | ||
| Current Portion of Leases | 544.00K | 620.00K | 698.00K | 2.35M | 2.11M | |
| Current Income Taxes Payable | 2.86M | 3.76M | 5.64M | 5.60M | 4.77M | |
| Current Unearned Revenue | 12.17M | 12.29M | 12.06M | 12.81M | 19.04M | 10.56M |
| Other Current Liabilities | 1.50M | 1.20M | 127.89M | 8.07M | 20.05M | |
| Total Current Liabilities | 100.54M | 103.78M | 60.96M | 191.87M | 193.32M | 191.34M |
| Long-Term Debt | 111.45M | 134.58M | 137.77M | 195.08M | ||
| Long-Term Leases | 1.81M | 1.28M | 150.00K | 308.00K | 1.51M | |
| Long-Term Deferred Tax Liabilities | 2.94M | 4.11M | 6.39M | 11.22M | ||
| Other Long-Term Liabilities | 5.34M | 4.98M | 5.66M | 2.73M | 12.30M | 45.42M |
| Total Liabilities | 110.62M | 114.16M | 184.61M | 340.71M | 344.90M | 431.85M |
| Common Stock | 100.00K | 93.00K | 41.00K | 38.00K | 36.00K | 35.00K |
| Additional Paid-In Capital | 657.55M | 645.96M | 480.48M | 468.01M | 451.16M | 431.61M |
| Retained Earnings | -620.68M | -579.01M | -467.28M | -429.90M | -371.27M | -345.04M |
| Comprehensive Income & Other | 896.00K | 1.08M | 214.00K | -10.00K | -76.00K | -104.00K |
| Total Common Equity | 37.87M | 68.12M | 13.45M | 38.15M | 79.85M | 86.50M |
| Shareholders' Equity | 37.87M | 68.12M | 13.45M | 38.15M | 79.85M | 86.50M |
| Total Liabilities & Equity | 148.49M | 182.28M | 198.06M | 378.86M | 424.75M | 518.35M |
| Total Debt | 47.82M | 47.22M | 120.05M | 143.05M | 141.39M | 195.08M |
| Net Cash (Debt) | -35.39M | -19.80M | -103.14M | -96.44M | 43.03M | 59.64M |
| Net Cash Per Share | -0.41 | -0.31 | -2.71 | -2.61 | 1.19 | 1.79 |
| Filing Date Shares Outstanding | 100.46M | 92.95M | 44.83M | 37.13M | 36.56M | 35.06M |
| Total Common Shares Outstanding | 99.08M | 92.63M | 40.22M | 37.19M | 36.32M | 34.97M |
| Working Capital | -53.06M | -29.87M | -1.55M | -6.05M | 84.68M | 187.74M |
| Book Value Per Share | 0.38 | 0.74 | 0.33 | 1.03 | 2.20 | 2.47 |
| Tangible Book Value | -45.83M | -24.77M | -99.16M | -98.81M | -46.31M | -49.40M |
| Tangible Book Value Per Share | -0.46 | -0.27 | -2.47 | -2.66 | -1.28 | -1.41 |
| Leasehold Improvements | 464.00K | 464.00K | 1.62M | 1.64M | 250.00K | 167.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -107.03M | -111.73M | -37.38M | -58.62M | -25.56M | -64.67M |
| Depreciation & Amortization | 19.51M | 22.09M | 24.84M | 24.88M | 23.13M | 9.41M |
| Other Amortization | 5.08M | 5.08M | 3.67M | 2.96M | 1.61M | |
| Loss (Gain) From Sale of Assets | -2.57M | 1.89M | ||||
| Stock-Based Compensation | 5.91M | 6.69M | 7.71M | 10.30M | 19.11M | 40.06M |
| Provision & Write-off of Bad Debts | 655.00K | 915.00K | 1.14M | 272.00K | 549.00K | 172.00K |
| Other Operating Activities | 17.54M | 21.05M | -60.16M | -39.81M | -43.38M | 13.24M |
| Change in Accounts Receivable | 2.47M | -5.69M | 948.00K | 12.37M | 34.50M | -56.04M |
| Change in Accounts Payable | 108.00K | 5.36M | -5.46M | 793.00K | -10.00M | 17.90M |
| Change in Unearned Revenue | -390.00K | 234.00K | -757.00K | 184.00K | 8.48M | 4.07M |
| Change in Other Net Operating Assets | 6.09M | 2.79M | 6.15M | -2.33M | -4.71M | 41.20M |
| Operating Cash Flow | -50.05M | -53.20M | -24.72M | -76.42M | 3.74M | 7.23M |
| Capital Expenditures | -4.70M | -4.98M | -6.10M | -4.73M | -4.76M | -1.02M |
| Cash Acquisitions | -50.27M | -4.59M | -52.83M | |||
| Divestitures | 4.65M | 504.00K | ||||
| Investment in Securities | -2.75M | |||||
| Other Investing Activities | -160.00K | -393.00K | ||||
| Investing Cash Flow | -4.70M | -4.98M | -1.61M | -54.88M | -12.10M | -53.84M |
| Long-Term Debt Issued | 77.50M | 276.00K | 201.25M | |||
| Total Debt Issued | 77.50M | 276.00K | 201.25M | |||
| Long-Term Debt Repaid | -79.83M | -36.32M | -37.50M | -39.03M | -18.62M | |
| Total Debt Repaid | -75.96M | -79.83M | -36.32M | -37.50M | -39.03M | -18.62M |
| Net Debt Issued (Repaid) | -75.96M | -79.83M | -36.32M | 40.00M | -38.75M | 182.63M |
| Issuance of Common Stock | 135.19M | 155.25M | 5.06M | 1.06M | 1.35M | 10.18M |
| Repurchase of Common Stock | -986.00K | -622.00K | -943.00K | -1.15M | -9.77M | |
| Other Financing Activities | -5.22M | -5.37M | -4.85M | -13.58M | -14.76M | -6.30M |
| Financing Cash Flow | 53.03M | 69.42M | -37.06M | 26.33M | -61.93M | 186.51M |
| Foreign Exchange Rate Adjustments | 582.00K | -844.00K | 405.00K | |||
| Net Cash Flow | -1.14M | 10.40M | -62.99M | -104.98M | -70.30M | 139.91M |
| Free Cash Flow | -54.75M | -58.18M | -30.82M | -81.15M | -1.03M | 6.22M |
| Free Cash Flow Margin | -60.13% | -63.11% | -33.27% | -81.16% | -0.69% | 5.39% |
| Free Cash Flow Per Share | -0.64 | -0.92 | -0.81 | -2.20 | -0.03 | 0.19 |
| Levered Free Cash Flow | -18.05M | -26.95M | -67.05M | -81.05M | 30.77M | 39.70M |
| Unlevered Free Cash Flow | -15.17M | -20.56M | -59.50M | -80.40M | 32.61M | 40.03M |
| Cash Interest Paid | 3.04M | 6.30M | 11.37M | 2.63M | 3.50M | |
| Cash Income Tax Paid | 2.16M | 2.01M | 563.00K | 2.65M | 1.87M | 129.00K |
| Change in Working Capital | 8.28M | 2.70M | 880.00K | 11.03M | 28.27M | 7.12M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 61.14M | 426.90M | 125.66M | 67.06M | 192.34M | 784.03M |
| Enterprise Value | 96.53M | 507.58M | 256.94M | 136.67M | 196.30M | 717.69M |
| Last Close Price | 0.65 | 4.65 | 3.28 | 1.81 | 5.30 | 22.48 |
| Forward PE | 27.47 | 27.47 | 27.47 | 27.47 | 50.40 | |
| PS Ratio | 0.67 | 4.63 | 1.36 | 0.67 | 1.28 | 6.80 |
| PB Ratio | 1.70 | 6.27 | 9.34 | 1.76 | 2.41 | 9.06 |
| P/FCF Ratio | 126.09 | |||||
| P/OCF Ratio | 51.47 | 108.38 | ||||
| PEG Ratio | 0.31 | 0.31 | 0.31 | 0.31 | ||
| EV/Sales Ratio | 1.06 | 5.51 | 2.77 | 1.37 | 1.31 | 6.22 |
| EV/FCF Ratio | 115.42 | |||||
| Debt / Equity Ratio | 1.26 | 0.69 | 8.92 | 3.75 | 1.77 | 2.25 |
| Debt / FCF Ratio | 31.37 | |||||
| Net Debt / Equity Ratio | 0.94 | 0.29 | 7.67 | 2.53 | -0.54 | -0.69 |
| Net Debt / EBITDA Ratio | -0.61 | -0.34 | -1.63 | -1.34 | 1.22 | 1.62 |
| Net Debt / FCF Ratio | -0.65 | -0.34 | -3.35 | -1.19 | 41.86 | -9.59 |
| Asset Turnover | 0.54 | 0.48 | 0.32 | 0.25 | 0.32 | 0.33 |
| Quick Ratio | 0.42 | 0.64 | 0.82 | 0.43 | 1.37 | 1.92 |
| Current Ratio | 0.47 | 0.71 | 0.97 | 0.97 | 1.44 | 1.98 |
| Return on Equity (ROE) | -547.67% | -273.93% | -373.39% | -111.38% | -30.73% | -74.03% |
| Return on Assets (ROA) | -28.95% | -26.70% | -19.11% | -14.83% | -7.62% | -8.31% |
| Return on Capital Employed (ROCE) | -161.90% | -103.50% | -64.30% | -51.00% | -24.80% | -14.10% |
| Earnings Yield | -205.56% | -26.17% | -29.75% | -87.42% | -13.29% | -8.25% |
| FCF Yield | -89.67% | -13.63% | -24.53% | -121.00% | -0.53% | 0.79% |
| Buyback Yield / Dilution | -95.61% | -66.47% | -3.05% | -2.43% | -8.21% | -20.67% |