Veritone, Inc. (VERI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 20.26M | 16.6M | 29.12M | 24.01M | 22.46M | 22.43M | 21.99M | 24.06M | 24.15M | 34.2M | 27.97M | 27.97M | 30.26M | 43.89M | 37.2M | 34.23M | 34.41M | 55.15M | 22.66M | 19.21M |
| Revenue Growth % | -9.81% | -26.01% | 32.4% | -0.19% | -7% | -34.4% | -21.36% | -13.98% | -20.19% | -22.08% | -24.81% | -18.31% | -12.04% | -20.42% | 64.18% | 78.25% | 88.07% | 227.92% | 44.13% | 44.75% |
| Cost of Goods Sold | 12.33M | 5.73M | 15.94M | 7.48M | 7.83M | 6.69M | 6.33M | 6.34M | 6.95M | 6.5M | 7.03M | 7.76M | 6.81M | 6.71M | 7.1M | 6.71M | 6.92M | 6.27M | 5.81M | 5.23M |
| COGS % of Revenue | 60.85% | 34.52% | 54.73% | 31.14% | 34.88% | 29.81% | 28.76% | 26.36% | 28.76% | 18.99% | 25.12% | 27.76% | 22.5% | 15.28% | 19.08% | 19.59% | 20.12% | 11.36% | 25.64% | 27.24% |
| Gross Profit | 7.93M | 10.87M | 13.18M | 16.54M | 14.63M | 15.74M | 15.67M | 17.72M | 17.21M | 27.7M | 20.94M | 20.2M | 23.45M | 37.18M | 30.1M | 27.53M | 27.48M | 48.88M | 16.85M | 13.97M |
| Gross Margin % | 39.15% | 65.48% | 45.27% | 68.86% | 65.12% | 70.19% | 71.24% | 73.64% | 71.24% | 81.01% | 74.88% | 72.24% | 77.5% | 84.72% | 80.92% | 80.41% | 79.88% | 88.64% | 74.36% | 72.76% |
| Gross Profit Growth % | -45.79% | -30.97% | -15.87% | -6.67% | -14.98% | -43.16% | -25.18% | -12.31% | -26.64% | -25.5% | -30.42% | -26.62% | -14.66% | -23.93% | 78.66% | 96.99% | 104.01% | 284.26% | 50.89% | 47.03% |
| Operating Expenses | 26.91M | 35.37M | 28.98M | 35.85M | 36.26M | 35.43M | 38.16M | 38.02M | 41.58M | 45.21M | 46.13M | 48.38M | 47.04M | 47.13M | 33.71M | 31.16M | 48.29M | 61.91M | 27.93M | 26.62M |
| OpEx % of Revenue | 132.81% | 213.09% | 99.54% | 149.31% | 161.43% | 157.92% | 173.51% | 158.04% | 172.14% | 132.2% | 164.92% | 173% | 155.45% | 107.39% | 90.63% | 91.02% | 140.35% | 112.27% | 123.27% | 138.61% |
| Selling, General & Admin | 21.6M | 24.61M | 23.49M | 23.75M | 24.11M | 22.82M | 24.61M | 25.06M | 25.73M | 29.63M | 29.26M | 32.15M | 30.09M | 30.83M | 16.42M | 14.88M | 33.39M | 47.04M | 20.99M | 20.9M |
| SG&A % of Revenue | 106.62% | 148.25% | 80.67% | 98.9% | 107.33% | 101.73% | 111.89% | 104.18% | 106.51% | 86.63% | 104.62% | 114.95% | 99.42% | 70.24% | 44.15% | 43.46% | 97.04% | 85.3% | 92.65% | 108.8% |
| Research & Development | 5.75M | 5.08M | 5.49M | 4.93M | 5.21M | 5.55M | 7.53M | 6.08M | 8.43M | 9.63M | 10.41M | 10.52M | 11.53M | 10.85M | 11.78M | 11.07M | 9.88M | 10.21M | 5.25M | 4.65M |
| R&D % of Revenue | 28.4% | 30.6% | 18.87% | 20.54% | 23.18% | 24.73% | 34.23% | 25.28% | 34.88% | 28.17% | 37.22% | 37.61% | 38.09% | 24.73% | 31.68% | 32.33% | 28.72% | 18.52% | 23.19% | 24.19% |
| Other Operating Expenses | -447K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -18.98M | -24.5M | -15.8M | -19.32M | -21.63M | -19.68M | -22.49M | -20.31M | -24.37M | -17.5M | -25.18M | -28.18M | -23.59M | -9.95M | -3.61M | -3.63M | -20.8M | -13.03M | -11.08M | -12.65M |
| Operating Margin % | -93.67% | -147.61% | -54.27% | -80.45% | -96.31% | -87.73% | -102.27% | -84.4% | -100.9% | -51.19% | -90.04% | -100.76% | -77.95% | -22.67% | -9.71% | -10.6% | -60.47% | -23.63% | -48.91% | -65.85% |
| Operating Income Growth % | 12.29% | -24.49% | 29.74% | 4.87% | 11.23% | -12.43% | 10.69% | 27.94% | -3.31% | -75.91% | -597.4% | -676.52% | -13.38% | 23.64% | 67.41% | 71.31% | 31.87% | -5.68% | -0.98% | -9.44% |
| EBITDA | -13.12M | -18.69M | -8.43M | -12.15M | -14.48M | -9.18M | -15.09M | -13.43M | -16.69M | -11.12M | -16.85M | -21.44M | -17.38M | -3.53M | 2.31M | 2.11M | -15.34M | -8.19M | -9.3M | -11.49M |
| EBITDA Margin % | -64.75% | -112.58% | -28.96% | -50.58% | -64.47% | -40.91% | -68.62% | -55.82% | -69.12% | -32.53% | -60.24% | -76.67% | -57.44% | -8.05% | 6.22% | 6.15% | -44.58% | -14.84% | -41.05% | -59.83% |
| EBITDA Growth % | 9.42% | -103.62% | 44.13% | 9.55% | 13.25% | 17.5% | 10.42% | 37.37% | 3.96% | -215.01% | -828.05% | -1117.66% | -13.31% | 56.87% | 124.88% | 118.34% | 47.61% | 23.79% | 0.66% | -15.43% |
| D&A (Non-Cash Add-back) | 5.86M | 5.81M | 7.37M | 7.17M | 7.15M | 10.5M | 7.4M | 6.88M | 7.68M | 6.38M | 8.34M | 6.74M | 6.21M | 6.42M | 5.92M | 5.74M | 5.46M | 4.85M | 1.78M | 1.16M |
| EBIT | -18.98M | -37.43M | -24.25M | -22.48M | -17.57M | -20.82M | -22.1M | -20.42M | -24.78M | 15.61M | -27.42M | -23.95M | -22.43M | 9.66M | -3.61M | -3.68M | -20.8M | -13.09M | -11.08M | -12.65M |
| Net Interest Income | -178K | -1.25M | -2.91M | -2.82M | -2.8M | -3.59M | -2.99M | -4.5M | -3.99M | -704K | -314K | -720K | -805K | -1.19M | -1.3M | -1.18M | -1.18M | 0 | -3K | 2K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2K |
| Interest Expense | 178K | 1.25M | 2.91M | 2.82M | 2.8M | 3.59M | 2.99M | 4.5M | 3.99M | 704K | 314K | 720K | 805K | 1.19M | 1.3M | 1.18M | 1.18M | 0 | 3K | 0 |
| Other Income/Expense | -1.15M | -14.18M | -11.36M | -6.6M | 1.43M | -4.73M | -2.59M | -3.15M | -2.88M | 29.25M | -2.55M | 3.51M | 355K | 18.41M | -1.25M | -1.23M | -1.19M | -563K | -15K | -13K |
| Pretax Income | -20.12M | -38.68M | -27.16M | -25.91M | -20.2M | -24.41M | -25.09M | -23.45M | -27.25M | 11.75M | -27.73M | -24.67M | -23.23M | 8.46M | -4.86M | -4.86M | -21.99M | -13.6M | -11.1M | -12.66M |
| Pretax Margin % | -99.32% | -233.05% | -93.29% | -107.92% | -89.93% | -108.8% | -114.06% | -97.49% | -112.8% | 34.36% | -99.17% | -88.21% | -76.77% | 19.28% | -13.07% | -14.2% | -63.91% | -24.65% | -48.97% | -65.92% |
| Income Tax | -613K | -503K | -283K | 884K | -326K | -148K | -2.58M | -78K | -1.04M | -426K | -1M | -1.37M | -271K | 3.75M | 26K | -1.61M | 138K | 2.27M | 396K | 55K |
| Effective Tax Rate % | 3.05% | 1.3% | 1.04% | -3.41% | 1.61% | 0.61% | 10.26% | 0.33% | 3.84% | -3.63% | 3.62% | 5.57% | 1.17% | 44.33% | -0.53% | 33.07% | -0.63% | -16.71% | -3.57% | -0.43% |
| Net Income | -19.51M | -38.18M | -26.88M | -26.8M | -19.88M | 31.79M | -21.75M | -22.23M | -25.2M | 12.18M | -24.54M | -23.3M | -22.96M | 4.71M | -4.89M | -3.25M | -22.13M | -15.87M | -11.49M | -12.71M |
| Net Margin % | -96.29% | -230.02% | -92.31% | -111.6% | -88.48% | 141.72% | -98.88% | -92.41% | -104.33% | 35.6% | -87.75% | -83.3% | -75.88% | 10.73% | -13.14% | -9.5% | -64.32% | -28.77% | -50.72% | -66.2% |
| Net Income Growth % | 1.85% | -220.09% | -23.61% | -20.54% | 21.12% | 161.13% | 11.39% | 4.57% | -9.73% | 158.44% | -402.27% | -616.14% | -3.77% | 129.69% | 57.48% | 74.42% | 27.6% | -28.1% | -4.34% | -7.82% |
| Net Income (Continuing) | -19.51M | -38.18M | -26.88M | -26.8M | -19.88M | -24.26M | -22.51M | -23.38M | -26.2M | 12.18M | -26.73M | -23.3M | -22.96M | 4.71M | -4.89M | -3.25M | -22.13M | -15.87M | -11.49M | -12.71M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 1000K | 765K | 1000K | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.21 | -0.41 | -0.41 | -0.54 | -0.45 | -0.91 | -0.57 | -0.59 | -0.67 | -0.33 | -0.66 | -0.63 | -0.62 | -0.21 | -0.13 | -0.09 | -0.80 | -0.45 | -0.34 | -0.39 |
| EPS Growth % | 53.33% | 54.95% | 28.07% | 8.47% | 32.84% | -175.76% | 13.64% | 6.35% | -8.06% | -57.14% | -407.69% | -598.45% | 22.5% | 53.33% | 61.76% | 76.87% | 15.79% | -4.65% | 15% | 9.3% |
| EPS (Basic) | -0.21 | -0.41 | -0.41 | -0.54 | -0.45 | -0.91 | -0.57 | -0.59 | -0.67 | 0.33 | -0.66 | -0.63 | -0.62 | 0.14 | -0.13 | -0.09 | -0.80 | -0.45 | -0.34 | -0.39 |
| Diluted Shares Outstanding | 92.9M | 89.87M | 54.37M | 49.63M | 44.59M | 38.09M | 38.09M | 37.81M | 37.35M | 43.6M | 36.99M | 36.85M | 36.59M | 42.49M | 36.2M | 36.08M | 35.48M | 34.92M | 33.33M | 32.74M |
| Basic Shares Outstanding | 92.9M | 89.87M | 54.37M | 49.63M | 44.59M | 38.09M | 38.09M | 37.81M | 37.35M | 37.17M | 36.99M | 36.85M | 36.59M | 36.36M | 36.2M | 36.08M | 35.48M | 34.92M | 33.33M | 32.74M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |