NASDAQ$VERI

Veritone Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Veritone Inc reported a net loss of $19.5 million on revenue of $20.3 million for the first quarter of 2026.

Veritone reported revenue of $20.3 million for Q1 2026, down 9.8% year-over-year, with Software Products & Services contributing $13.8 million. The company continued to execute on cost reduction initiatives while investing in growth areas such as VDR and Public Sector solutions. Net loss narrowed slightly to $19.5 million as operating expenses declined.

  • Revenue declined 9.8% to $20.3 million, driven by lower Talent Acquisition and Managed Services revenue.
  • GAAP gross margin improved 30 basis points to 61.4% due to a higher mix of consumption-based and one-time software revenue.
  • Cash and cash equivalents fell to $15.1 million amid $11.5 million operating cash burn.
  • Total Software Products & Services customers declined to 2,897 while Annual Recurring Revenue rose to $64.2 million.

Headline financials

Total Revenue

$20.3M

Previous: $22.5M-9.8%
EPS (adj)

-$0.21

Previous: -$0.44+52.3%
Annual Recurring Revenue (SaaS)

$47.4M

Previous: $47.5M-0.1%
Annual Recurring Revenue (Consumption)

$16.8M

Previous: $11.2M+49.7%
Total Annual Recurring Revenue

$64.2M

Previous: $58.7M+9.4%
Total Software Products & Services Customers

2.9K

Previous: 3.2K-8.2%
Capital Expenditures

-$534K

Previous: -$1.35M+60.5%
Free Cash Flow

-$12M

No prior period
Net Income

-$19.5M

Previous: -$19.9M+1.8%
Operating Income

-$19.4M

Previous: -$21.6M+10.2%
Gross Profit

$13.7M

Previous: $13.7M-0.0%
Cash & Equivalents

$15.1M

No prior period
Total Assets

$155M

No prior period

Revenue & EPS history

Veritone · Revenue · Quarterly

$20.3M

Q1 2026-9.8%vs Q1 2025
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Revenue by segment

Veritone · $20.3M total across 2 segments · Q1 2026

  • Software Products & Services
    $13.8M
  • Managed Services
    $6.44M

Forward guidance

Management continues to focus on cost reductions of up to 30% and investments in VDR and Public Sector growth initiatives.

Tailwinds

  • VDR sales pipeline exceeded $50 million
  • Public Sector pipeline surpassed $200 million
  • Strategic Oracle partnership expected to reduce compute costs

Headwinds

  • Ongoing substantial doubt about going concern due to Convertible Notes maturity
  • Continued operating cash burn

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-2.7%

Avg return

Earnings day

-2.6%

Avg return

5 days after

+3.0%

Avg return

30 days after

38%

14 / 37 earnings

Positive

+23.2%

Q2 2025

Best reaction

-38.5%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.0%-3.5%
Q4 2025-1.4%-5.2%-35.2%
Q3 2025-10.5%-20.8%-18.5%
Q2 2025+23.2%+13.9%+15.2%
Q1 2025-8.7%-11.1%-24.6%
Q4 2024+11.5%+17.5%-6.8%
Q3 2024-15.0%-18.2%-35.0%
Q2 2024+3.5%+25.0%+25.7%
Q1 2024+6.9%-9.7%-27.5%
Q4 2023+17.3%+110.3%+155.8%
Q3 2023-33.0%-27.5%-19.4%
Q2 2023-38.5%-31.4%-29.9%
Q1 2023-13.9%-15.7%-33.9%
Q4 2022+15.5%+6.4%-9.5%
Q3 2022-13.9%+10.6%+21.0%
Q2 2022-16.9%-22.9%-29.6%
Q1 2022-1.6%-17.9%-27.8%
Q4 2021-3.5%-6.8%+9.0%
Q3 2021-1.1%+5.8%-27.2%
Q2 2021-1.6%+4.1%+2.1%
Q1 2021-12.2%-10.5%-18.7%
Q4 2020-9.0%-16.7%-32.8%
Q3 2020+6.5%+22.3%+185.5%
Q2 2020-7.1%-16.8%-40.0%
Q1 2020+20.4%+16.7%+121.2%
Q4 2019+1.7%-19.7%-25.4%
Q3 2019+0.0%-2.3%+11.3%
Q2 2019-22.8%-25.5%-35.4%
Q1 2019+17.0%+12.9%+40.8%
Q4 2018+6.2%+30.2%+26.4%
Q3 2018-3.6%-24.9%-19.5%
Q2 2018-16.2%-22.5%-30.8%
Q1 2018+9.3%+7.8%+1.7%
Q4 2017-7.2%-13.4%-10.8%
Q3 2017-16.3%-36.0%-37.9%
Q2 2017-2.1%-9.8%+86.6%
Q1 2017+12.4%+10.3%-16.3%
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015

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