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Companies $VERI
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Veritone Inc

veritone.com

What Do They Do?

Provides software for analyzing audio, video and other data to businesses, government agencies and regulated organizations, alongside content licensing and influencer representation services.

How Do They Make Money?

Commercial and public-sector customers pay for platform and hiring software through subscriptions, by use for extra processing, or for on-premises licenses when available to download; subscription bills are monthly. Content users pay for licenses to rights holders’ digital content, and Veritone earns commissions on successful influencer engagements.

revenue
SegmentShareRevenue
Software Products & Services
Mix

71%
FY2022: 56%
Representation Services
Sold outright
7.4%
Licensing
Licensed

21%
FY2022: 14%
Total Managed Services
Mix

29%
FY2022: 44%

Who Are Their Customers?

Commercial media, entertainment and sports customers, employers, and government or regulated organizations buy software directly or through resellers, distributors, system integrators and referral partners. Content licensing is sold by direct representatives and through an online portal; some high-value libraries require approval.

Do Revenues Turn Into Profits?

No. It lost $111.7M in FY2025.

Operating income, FY2025
−88% of revenue
▼ −8% (Loss) vs FY2024 (−$88.2M, −95%)
Net income, FY2025
−121% of revenue
▲ +199% (Loss) vs FY2024 (−$37.4M, −40%)
Free cash flow, FY2025
−63% of revenue
▲ +89% (Loss) vs FY2024 (−$30.8M, −33%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +5%
vs $23.2M in Q2 FY2025
Net income
▼ −16% (Loss)
vs −$26.5M in Q2 FY2025
Software Products & Services share of revenue vs 75.3% in Q2 FY2025
  • Apr 28, 2026 Veritone dismissed Grant Thornton and appointed CBIZ as auditor CBIZ became the principal accountant effective immediately after the audit committee approved its appointment.

Shrinking. Revenue fell 20% in 4 years, from $115.3M in FY2021 to $92.2M in FY2025, about 5% a year.

Advertising agency divestiture The older report describes a full-service advertising agency offering media planning, ad buying and influencer advertising. The later report says Veritone sold the agency and describes Managed Services as content licensing, influencer representation and related services.

Revenue over time
Software Products & Services Representation Services Licensing Total Managed Services Commercial Enterprise Advertising Government and Regulated Industries Public Sector
$200M$100M$0

Who Do They Compete With?

Competes with Google, Microsoft, Amazon, Axon, Palantir, Oracle, SAP, IBM, C3.ai, Accenture, Deloitte Consulting, IMG, Thomson Reuters, Getty Images, and Shutterstock

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