FY2017 – FY2025 · VERI · CIK 1615165 · IPO May 2017
Veritone Financials
Annual revenue (FY2017 $14M → FY2022 peak $150M → FY2025 $92M post-divestitures), Software Products & Services vs. Managed Services split (S&S 71% of FY2025 revenue), the aiWARE platform's quarterly customer count / ARR / new bookings, the Veritone Energy and Veritone One divestiture timeline, and a diversified customer base (no customer ≥ 10% of revenue) — every chart point sourced to a 10-K. EDGAR XBRL pulled live.
Software & Services % (FY2025)
71%
Up from 65.9% in FY2024.
aiWARE customers (Q4 '25)
2,978
Total ARR $62.7M.
Year-end cash & equivalents (FY2025)
$27M
Down from $255M peak at FY2021 close.
Stock price (VERI)
Live current price plus a five-year history. Veritone IPO'd in May 2017; the chart shows the most recent 5 years of trading. Updates during US market hours via TradingView's embed widget.
Most recent Veritone SEC filings
The freshness frontier — the latest filing of each material form type, fetched live from EDGAR.
2 material filings have been filed since the anchor 10-K above (1 8-K). The annual financial metrics on this page are still anchored to the 10-K.
Annual revenue
As reported on the consolidated statement of operations. Live from SEC EDGAR XBRL — Veritone's history uses BOTH the legacy Revenues tag (FY2017–FY2023) and the newer RevenueFromContractWithCustomerExcludingAssessedTax tag (FY2024–FY2025). The trend is non-monotonic: the FY2022 peak ($150M) reflects the full-year impact of the September 2021 PandoLogic acquisition; the FY2023 / FY2024 step-down reflects (a) the June 2023 divestiture of the Veritone Energy Solutions Group, and (b) the October 2024 reclassification of Veritone One (the advertising agency) as discontinued operations on a retrospective basis — so FY2023 and FY2024 figures are now reported on a continuing-operations basis without Veritone One.
Show table
| FY | Revenue | YoY | Source |
|---|---|---|---|
| FY2017 | $14M | 10-K filed 2019-03-18 | |
| FY2018 | $27M | +88% | 10-K filed 2020-03-11 |
| FY2019 | $50M | +84% | 10-K filed 2021-03-05 |
| FY2020 | $58M | +16% | 10-K filed 2022-03-17 |
| FY2021 | $115M | +100% | 10-K filed 2023-03-16 |
| FY2022 | $150M | +30% | 10-K filed 2024-04-01 |
| FY2023 | $100M | -33% | 10-K filed 2025-04-01 |
| FY2024 | $93M | -7% | 10-K filed 2026-04-15 |
| FY2025 | $92M | -0% | 10-K filed 2026-04-15 |
Software Products & Services vs. Managed Services revenue
Veritone reports continuing-ops revenue in two categories. Software Products & Services is revenue from the aiWARE platform (including the VDR product) and Talent Acquisition solutions plus related support / professional services. Managed Services is revenue from content licensing and representation services (and historically advertising — that piece moved to discontinued operations with the Veritone One divestiture). Software & Services has been growing as a share of total — 65.9% of FY2024 revenue, 71.4% of FY2025 revenue. Hand-curated from the MD&A; the FY2025 10-K only presents a two-year split, so earlier years are not surfaced here.
Show table (with Managed Services sub-split)
| FY | Software & Services | Representation | Licensing | Managed total | Source |
|---|---|---|---|---|---|
| FY2024 | $61M | $13M | $19M | $32M | 10-K filed 2026-04-15 |
| FY2025 | $66M | $7M | $20M | $26M | 10-K filed 2026-04-15 |
aiWARE supplemental metrics (Software Products & Services)
Veritone discloses quarterly supplemental metrics for the Software Products & Services category in the FY2025 10-K's MD&A. Total ARR grew from $58.8M (Q4 2024) to $62.7M (Q4 2025), driven by a Consumption-ARR ramp ($11.2M → $16.2M) that more than offset roughly-flat SaaS ARR. Customer count declined from 3,237 to 2,978 over the same period, primarily due to the sunsetting of legacy CareerBuilder customers from the June 2023 Broadbean acquisition — Veritone notes this is concentrated in smaller hiring agency customers and did not have a significant financial impact. Gross Revenue Retention stayed above 90% in every quarter.
Total ARR (SaaS + Consumption) by quarter end. Hand-curated from the FY2025 10-K MD&A.
Show full quarterly table
| Quarter | Customers | ARR (SaaS) | ARR (Consump.) | ARR (Total) | New Bookings | GRR |
|---|---|---|---|---|---|---|
| Q4 '24 | 3,237 | $47.5M | $11.2M | $58.8M | $13.2M | >90% |
| Q1 '25 | 3,156 | $47.5M | $11.2M | $58.7M | $15.8M | >90% |
| Q2 '25 | 3,066 | $50.9M | $11.0M | $61.9M | $15.0M | >90% |
| Q3 '25 | 3,021 | $50.0M | $13.9M | $63.9M | $19.0M | >90% |
| Q4 '25 | 2,978 | $46.5M | $16.2M | $62.7M | $16.7M | >90% |
Divestiture timeline
Veritone has narrowed its operating footprint twice since 2023. The first disposal (Energy Solutions, June 2023) was small and stayed inside continuing operations; the second (Veritone One advertising agency, October 2024) was material and is reported as discontinued operations on a retrospective basis — so all continuing-ops metrics on this page exclude Veritone One for every period presented.
Veritone's energy-solutions group, sold via asset purchase agreement on June 30, 2023, to GridBeyond Limited, an Irish AI-powered energy-solutions company. Veritone received GridBeyond preferred shares plus a small cash component. Veritone subsequently sold its GridBeyond stake in April 2024 for $1.8M cash. The disposal did not meet discontinued-operations criteria — energy solutions did not have a major effect on consolidated operations.
Buyer: GridBeyond Limited (Ireland). Consideration: 4,160,644 GridBeyond Series B Preference Shares (~$2.0M) plus $0.5M cash; pre-tax gain $2.6M. Source: 10-K filed 2026-04-15 (Note 4 — Discontinued Operations, Business Combinations, and Divestiture).
Veritone One, the company's full-service advertising-agency subsidiary, was sold to Oxford Buyer (Insignia Capital affiliate) under an Equity Purchase Agreement signed October 17, 2024. Veritone One specialized in host-endorsed and influencer advertising across radio, podcasting, and streaming audio. Following the sale, Veritone One's historical financial results are reflected as discontinued operations in Veritone's consolidated financial statements on a retrospective basis, so all continuing-operations metrics on this page exclude Veritone One for every period presented.
Buyer: Oxford Buyer, LLC (an affiliate of Insignia Capital Group L.P.). Consideration: Cash consideration; gain on sale $66.5M (FY2024). Source: 10-K filed 2026-04-15 (Note 4 — Discontinued Operations, Business Combinations, and Divestiture).
Customer concentration
From the Significant Customers note and the Concentration of Risk note in the latest 10-K. Veritone's customer base is unusually diversified for an AI-pure-play.
No customer accounted for 10% or more of Veritone's revenue in either FY2024 or FY2025 — the company is unusually diversified for an AI-pure-play. (One individual customer accounted for 12% of accounts receivable as of December 31, 2025; the same customer represented less than 10% of revenue during the year.) The diversified revenue base is a structural feature: aiWARE's customer footprint is broad — small-business hiring agencies (3,000+ Software & Services customers), media / broadcast monitoring, public-sector evidence-management, and content-licensing customers — rather than concentrated in a small set of hyperscaler or auto-OEM anchors.
Source: 10-K covering FY ending 2025-12-31, filed 2026-04-15. Paraphrased from the Significant Customers note and the Concentration of Risk note in the FY2025 10-K filed 2026-04-15.
Operating loss & net loss
Veritone has reported an operating loss every year of its public history. FY2024's net loss (-$37M) was unusually small because of a $66.5M gain on the sale of Veritone One — that gain shows up below the operating-loss line and is not repeated in FY2025. FY2025's net loss of -$112M reflects the underlying operating shortfall plus interest expense and other below-the-line items, without the FY2024 gain to offset it. Live from SEC EDGAR XBRL.
Show table (operating loss + net loss)
| FY | Operating loss | Net loss |
|---|---|---|
| FY2016 | -$24M | -$27M |
| FY2017 | -$47M | -$60M |
| FY2018 | -$62M | -$61M |
| FY2019 | -$64M | -$62M |
| FY2020 | -$48M | -$48M |
| FY2021 | -$61M | -$65M |
| FY2022 | -$38M | -$26M |
| FY2023 | -$100M | -$59M |
| FY2024 | -$88M | -$37M |
| FY2025 | -$81M | -$112M |
R&D spending
Annual R&D expense, with R&D-as-percent-of-revenue in each label. R&D dollars peaked in FY2022 at $44M and have declined since; FY2025 R&D was $21M (~22% of revenue) — the smallest absolute figure since FY2020. Live from SEC EDGAR XBRL.
Operating cash flow & cash position
Operating cash flow has been negative in most years and modestly positive in FY2020–FY2022 (when the post-PandoLogic working-capital dynamics were favorable). Year-end cash & equivalents has eroded from a peak of $255M at FY2021 close (post-IPO + post-PandoLogic financing) to $27M at FY2025 close — Veritone's runway has compressed materially over four years. Live from SEC EDGAR XBRL.
Show year-end cash & equivalents
| FY end | Cash & equivalents |
|---|---|
| FY2015 | $19M |
| FY2016 | $12M |
| FY2017 | $30M |
| FY2018 | $38M |
| FY2019 | $44M |
| FY2020 | $115M |
| FY2021 | $255M |
| FY2022 | $184M |
| FY2023 | $47M |
| FY2024 | $17M |
| FY2025 | $27M |
Stock-based compensation
SBC peaked at $40M in FY2021 (post-PandoLogic equity grants) and has declined since as Veritone has narrowed its operating footprint. Live from SEC EDGAR XBRL.
| Metric | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|---|---|---|---|---|
| Stock-Based Compensation | $2M | $16M | $15M | $21M | $20M | $40M | $19M | $11M | $8M |
Year-end headcount
Total and full-time employees as of each fiscal year-end. The FY2024 → FY2025 decline (487 → 446) is part of the ongoing operating-footprint narrowing; ~40% of Veritone's employees are based outside the United States (Israel and other international locations).
| FY end | Total | Full-time | Source |
|---|---|---|---|
| FY2024 | 487 | 469 | 10-K filed 2025-04-01 |
| FY2025 | 446 | 437 | 10-K filed 2026-04-15 |
Methodology & data sources
Live data. Annual revenue, R&D, operating loss, net loss, stock-based compensation, operating cash flow, and cash & equivalents are sourced live from Veritone's SEC EDGAR XBRL company-facts endpoint. The revenue history uses the union of two tags: Revenues (used through FY2023) and RevenueFromContractWithCustomerExcludingAssessedTax (used from FY2024 forward). Latest-filed wins per fiscal-year-end.
Hand-curated, source-tagged. The Software Products & Services vs. Managed Services split, the aiWARE supplemental metrics (customer count, ARR, new bookings), year-end headcount, the divestiture timeline, and the customer-concentration callout are not exposed in the EDGAR companyfacts JSON. Each value is hand-curated from the underlying 10-K's text and tagged with the filing's accession number.
Continuing operations basis. The October 17, 2024 sale of Veritone One (advertising agency) is reported in Veritone's FY2025 10-K as discontinued operations on a retrospective basis. All continuing-operations metrics on this page exclude Veritone One for every period presented. The June 30, 2023 disposal of Veritone Energy Solutions Group did NOT meet discontinued-operations criteria (it did not have a major effect on consolidated operations) and remains inside continuing-ops history.
PandoLogic note. The original change-file referenced PandoLogic as a divestiture; that is incorrect. PandoLogic Ltd. is the subsidiary acquired in September 2021 and is the core of Veritone's Talent Acquisition product line, retained in continuing operations and reported within Software Products & Services. The actual divestitures are Veritone Energy Solutions Group (June 2023) and Veritone One (October 2024).
Refresh cadence. Hand-curated values are re-verified quarterly aligned with Veritone's filing cadence (10-Q in mid-May / mid-August / mid-November, 10-K in early-to-mid April, plus 8-Ks any time material events warrant disclosure). The aiWARE supplemental quarterly metrics in particular update each quarter — the refresh task discovers new 10-Qs and adds the new quarter's numbers to the table.
What's intentionally not here. Live market cap. Forward earnings guidance, analyst estimates, and price targets. Editorial framing about whether VERI is over- or under-valued. Stock-price commentary about why the stock moved in any particular period — the page states the numbers; visitors can interpret the move themselves. Comparison to C3.ai or SoundHound — that belongs on /ai/orgs/, not on a per-company page.
Cross-references. AI Orgs for the broader US-listed AI-pure-play roster. Tech Filings for every Veritone SEC filing in chronological order.
Last updated: 2026-04-30 17:56 UTC. Latest 10-K on EDGAR: 0001628280-26-025214 filed 2026-04-15. Hand-curated source-tag anchor: 0001628280-26-025214.