Veritone (VERI) Revenue & Revenue Breakdown
Veritone Revenue Highlights
Latest Revenue (Y)
$127.56M
Latest Revenue (Q)
$30.99M
Main Segment (Y)
Software Products And Services
Veritone Revenue by Period
Veritone Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $127.56M | -14.81% |
| 2022-12-31 | $149.73M | 29.85% |
| 2021-12-31 | $115.31M | 99.81% |
| 2020-12-31 | $57.71M | 16.23% |
| 2019-12-31 | $49.65M | 83.56% |
| 2018-12-31 | $27.05M | 87.66% |
| 2017-12-31 | $14.41M | 61.74% |
| 2016-12-31 | $8.91M | -36.02% |
| 2015-12-31 | $13.93M | -75.86% |
| 2001-12-31 | $57.71M | - |
Veritone generated $127.56M in revenue during NA 2023, up -14.81% compared to the previous quarter, and up 471.62% compared to the same period a year ago.
Veritone Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $30.99M | -2.04% |
| 2024-03-31 | $31.64M | -7.49% |
| 2023-12-31 | $34.20M | -2.66% |
| 2023-09-30 | $35.13M | 25.62% |
| 2023-06-30 | $27.97M | -7.59% |
| 2023-03-31 | $30.26M | -31.05% |
| 2022-12-31 | $43.89M | 18.00% |
| 2022-09-30 | $37.20M | 8.65% |
| 2022-06-30 | $34.23M | -0.50% |
| 2022-03-31 | $34.41M | -37.61% |
| 2021-12-31 | $55.15M | 143.43% |
| 2021-09-30 | $22.66M | 17.96% |
| 2021-06-30 | $19.21M | 4.98% |
| 2021-03-31 | $18.30M | 8.78% |
| 2020-12-31 | $16.82M | 7.00% |
| 2020-09-30 | $15.72M | 18.47% |
| 2020-06-30 | $13.27M | 11.46% |
| 2020-03-31 | $11.90M | -4.37% |
| 2019-12-31 | $12.45M | -2.79% |
| 2019-09-30 | $12.80M | 4.36% |
| 2019-06-30 | $12.27M | 1.20% |
| 2019-03-31 | $12.13M | 10.77% |
| 2018-12-31 | $10.95M | 45.08% |
| 2018-09-30 | $7.54M | 81.02% |
| 2018-06-30 | $4.17M | -5.01% |
| 2018-03-31 | $4.39M | 25.41% |
| 2017-12-31 | $3.50M | -5.92% |
| 2017-09-30 | $3.72M | -9.00% |
| 2017-06-30 | $4.09M | 31.50% |
| 2017-03-31 | $3.11M | 24.17% |
| 2016-12-31 | $2.50M | 7.84% |
| 2016-09-30 | $2.32M | 15.42% |
| 2016-06-30 | $2.01M | -3.13% |
| 2016-03-31 | $2.08M | - |
Veritone generated $30.99M in revenue during Q2 2024, up -2.04% compared to the previous quarter, and up 102.41% compared to the same period a year ago.
Veritone Revenue Breakdown
Veritone Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Managed Services | $59.16M | - | - | - | - |
| Software Products And Services | $68.40M | - | - | - | - |
| Advertising | $38.82M | $31.55M | $24.36M | - | - |
| License | $20.34M | - | - | - | - |
| Government And Regulated Entities | - | $3.83M | - | - | - |
| Software Products Services Consists Of Ai W A R E | - | - | $21.20M | - | - |
| Ai W A R E Content Licensing And Media Services | - | - | - | $12.29M | $14.63M |
| Ai W A R E Content Licensing | - | - | - | $11.67M | $13.74M |
| Ai W A R E Government Legal And Compliance | - | - | - | $1.94M | $918.00K |
| Ai W A R E Media And Entertainment | - | - | - | $10.80M | $9.73M |
| Ai W A R E Media Services | - | - | - | $622.00K | $893.00K |
| Ai W A R E Saa S Solutions | - | - | - | $13.86M | $10.65M |
| Advertising Veri Ads | - | - | - | $4.02M | - |
| A I W A R E Other Markets | - | - | - | $1.11M | - |
| Advertising Agency | - | - | - | $27.53M | - |
Veritone's latest annual revenue breakdown by segment (product or service), as of Dec 23: Software Products And Services (36.63%), Managed Services (31.68%), Advertising (20.79%), and License (10.89%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Software Products And Services | $15.63M | $15.22M | $48.04M | $20.36M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Advertising | $10.47M | $10.97M | $28.83M | $9.99M | $9.97M | $10.33M | $9.75M | $8.76M | $7.04M | $6.00M | $6.52M | $6.29M | - | - | - | - | - | - | - | - |
| License | $4.88M | $5.44M | $15.56M | $4.78M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Managed Services | $15.36M | $16.42M | $44.39M | $14.77M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Government And Regulated Industries | - | - | - | - | $1.60M | $1.40M | $1.33M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Commercial Enterprise | - | - | - | - | $26.37M | $28.87M | $53.81M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Government And Regulated Entities | - | - | - | - | - | - | $1.17M | $1.01M | $871.00K | $781.00K | - | - | - | - | - | - | - | - | - | - |
| Software Products Services Consists Of Ai W A R E Saa S Solutions | - | - | - | - | - | - | - | $3.84M | $9.49M | $3.37M | $4.72M | - | - | - | - | - | - | - | - | - |
| Ai W A R E Saa S Solutions | - | - | - | - | - | - | - | - | - | - | - | - | $5.58M | $4.68M | $4.40M | $3.35M | $3.00M | $3.11M | $2.87M | $2.35M |
| Ai W A R E Content Licensing And Media Services | - | - | - | - | - | - | - | - | - | - | - | - | $3.66M | $3.28M | $2.67M | $3.60M | $3.23M | $2.79M | $3.06M | $4.16M |
| Ai W A R E Media Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $81.00K | $541.00K | - | - | - | - |
| Ai W A R E Media And Entertainment | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.12M | $2.46M | $2.61M | $2.61M | - | - |
| Ai W A R E Government Legal And Compliance | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $772.00K | $537.00K | $139.00K | $496.00K | - | - |
| Advertising Veri Ads | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.61M | $1.39M | $898.00K | - | - | - |
| Advertising Agency | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.14M | $7.37M | $6.14M | - | - | - |
| A I W A R E Other Markets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $512.00K | $352.00K | $251.00K | - | - | - |
| Ai W A R E Content Licensing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.59M | $3.06M | $3.23M | $2.79M | - | - |
Veritone's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Software Products And Services (33.72%), Managed Services (33.14%), Advertising (22.60%), and License (10.54%).
Veritone Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| STEM | Stem | $461.51B | $34.00M |
| SQSP | Squarespace | $1.01B | $296.77M |
| FIVN | Five9 | $910.49M | $252.09M |
| PGY | Pagaya | $772.81M | $242.59M |
| STER | Sterling Check | $719.64M | $200.53M |
| GCT | GigaCloud | $703.83M | $310.87M |
| DOCN | DigitalOcean | $692.88M | $192.48M |
| AFRM | Affirm | $674.61M | $159.29M |
| S | SentinelOne | $621.15M | $198.94M |
| ALTR | Altair Engineering | $612.70M | $148.79M |
| APPN | Appian | $545.36M | $146.45M |
| ZUO | Zuora | $431.66M | $115.40M |
| GB | Global Blue Group | $422.30M | $105.24M |
| CLBT | Cellebrite DI | $325.11M | $89.58M |
| JG | Aurora Mobile | $290.23M | $64.52M |
| ATEN | A10 Networks | $251.70M | $60.10M |
| VERI | Veritone | $127.56M | $30.99M |
| HUBC | HUB Cyber Security (Israel) | $79.74M | $30.71M |
| RVYL | Ryvyl | $65.87M | $16.77M |
| IRNT | IronNet | $27.26M | $6.97M |
| ALAR | Alarum | $26.50M | $8.38M |
| BLIN | Bridgeline Digital | $15.88M | $3.94M |
| ARQQ | Arqit Quantum | $640.00K | $59.50K |
VERI Revenue FAQ
What is Veritone’s yearly revenue?
Veritone's yearly revenue for 2023 was $127.56M, representing a decrease of -14.81% compared to 2022. The company's yearly revenue for 2022 was $149.73M, representing an increase of 29.85% compared to 2021. VERI's yearly revenue for 2021 was $115.3M, representing an increase of 99.81% compared to 2020.
What is Veritone’s quarterly revenue?
Veritone's quarterly revenue for Q2 2024 was $30.99M, a -2.04% decrease from the previous quarter (Q1 2024), and a 10.82% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $31.64M, a -7.49% decrease from the previous quarter (Q4 2023), and a 4.54% increase year-over-year (Q1 2023). VERI's quarterly revenue for Q4 2023 was $34.2M, a -2.66% decrease from the previous quarter (Q3 2023), and a -22.08% decrease year-over-year (Q4 2022).
What is Veritone’s revenue growth rate?
Veritone's revenue growth rate for the last 3 years (2021-2023) was 10.63%, and for the last 5 years (2019-2023) was 156.93%.
What are Veritone’s revenue streams?
Veritone's revenue streams in c 23 are Managed Services, Software Products And Services, Advertising, and License. Managed Services generated $59.16M in revenue, accounting 31.68% of the company's total revenue Software Products And Services generated $68.4M in revenue, accounting 36.63% of the company's total revenue Advertising generated $38.82M in revenue, accounting 20.79% of the company's total revenue, up 23.05% year-over-year. License generated $20.34M in revenue, accounting 10.89% of the company's total revenue
What is Veritone’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Veritone was Software Products And Services. This segment made a revenue of $68.4M, representing 36.63% of the company's total revenue.