NASDAQ$VERI

Veritone Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Veritone reported strong third quarter 2025 results with significant revenue growth and improved operating loss.

Veritone delivered a strong third quarter in 2025, with total revenue reaching $29.1 million, marking over 32% year-over-year growth. This performance was primarily driven by a substantial 55% increase in Software Products & Services revenue, which grew over 200% year-over-year excluding Veritone Hire. The company also significantly improved its operating loss by nearly 30% and strengthened its liquidity position through over $100 million in equity capital transactions.

  • Total revenue for Q3 2025 was $29.1 million, representing a 32.4% increase compared to Q3 2024.
  • Software Products & Services revenue grew by 55.5% year-over-year to $22.8 million, with core AI software revenue increasing over 200% excluding Veritone Hire.
  • Operating loss improved by 29.7% year-over-year, reaching $15.8 million.
  • The company completed two equity capital transactions totaling over $100 million, significantly enhancing its liquidity and enabling debt reduction.

Headline financials

Total Revenue

$29.1M

Previous: $22M+32.4%
EPS (adj)

-$0.41

Previous: -$0.57+28.1%
Capital Expenditures

-$3.53M

Previous: -$5.13M+31.2%
Net Income

-$26.9M

Previous: -$21.7M-23.6%
Operating Income

-$15.8M

Previous: -$22.5M+29.7%
Gross Profit

$18.7M

Previous: $15.7M+19.4%

Revenue & EPS history

Veritone · Revenue · Quarterly

$29.1M

Q3 2025+32.4%vs Q3 2024
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

Veritone expects continued revenue growth and a reduction in non-GAAP net loss for both the fourth quarter and the full year 2025, driven by strong performance in its core AI software business.

Tailwinds

  • Q4 2025 revenue expected to be in the range of $33.4 million to $39.4 million, compared to $22.4 million in Q4 2024.
  • Full Year 2025 revenue expected to be in the range of $109 million to $115 million, implying a 21% annual increase at the midpoint compared to $92.6 million in fiscal 2024.
  • Q4 2025 non-GAAP net loss expected to improve to a range of $5.0 million to $1.5 million, compared to $9.7 million in Q4 2024.
  • Full Year 2025 non-GAAP net loss expected to be in the range of $31.6 million to $26.0 million, implying a 29% annual decrease at the midpoint compared to $40.8 million in fiscal 2024.
  • The company remains on track to reach profitability by the latter part of 2026.

Headwinds

  • The company still anticipates a non-GAAP net loss for both Q4 and the full year 2025.
  • Managed Services revenue is expected to continue facing challenges due to the macro environment.
  • The decline in Total Software Products & Services Customers is a concern, primarily due to fewer consumption-based customers and sunsetting legacy clients.
  • The company's net loss from continuing operations increased year-over-year in Q3 2025, partly due to a non-cash charge related to an earnout.
  • The forward guidance supersedes all previously disclosed financial guidance, indicating potential shifts in expectations.

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 Q3 2025

Historical avgQ3 2025

-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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