Veritone (VERI) Revenue & Revenue Breakdown

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Veritone Revenue Highlights

Latest Revenue (Y)

$127.56M

Latest Revenue (Q)

$7.58M

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
2024-09-30	$7.58M	-75.55%
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 $7.58M in revenue during Q3 2024, up -75.55% compared to the previous quarter, and up 27.09% 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 Saa S Solutions	-	-	-	$13.86M	$10.65M
A I W A R E Other Markets	-	-	-	$1.11M	-
Advertising Agency	-	-	-	$27.53M	-
Advertising Veri Ads	-	-	-	$4.02M	-
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

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	Sep 24	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
Managed Services	$7.30M	$15.36M	$16.42M	$44.39M	$14.77M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Software Products And Services	$14.69M	$15.63M	$15.22M	$48.04M	$20.36M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
License	$4.57M	$4.88M	$5.44M	$15.56M	$4.78M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advertising	-	$10.47M	$10.97M	$28.83M	$9.99M	$9.97M	$10.33M	$9.75M	$8.76M	$7.04M	$6.00M	$6.52M	-	-	-	-	-	-	-	-
Commercial Enterprise	-	-	-	-	-	$26.37M	$28.87M	$53.81M	-	-	-	-	-	-	-	-	-	-	-	-
Government And Regulated Industries	-	-	-	-	-	$1.60M	$1.40M	$1.33M	-	-	-	-	-	-	-	-	-	-	-	-
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 Content Licensing And Media Services	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.66M	$3.28M	$2.67M	$3.60M	$3.23M	$2.79M	$3.06M
Ai W A R E Saa S Solutions	-	-	-	-	-	-	-	-	-	-	-	-	-	$5.58M	$4.68M	$4.40M	$3.35M	$3.00M	$3.11M	$2.87M
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	-
Ai W A R E Content Licensing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.59M	$3.06M	$3.23M	$2.79M	-
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 Media Services	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$81.00K	$541.00K	-	-	-

Veritone's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Software Products And Services (55.32%), Managed Services (27.48%), and License (17.20%).

Veritone Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
STEM	Stem	$461.51B	$29.29M
FIVN	Five9	$910.49M	$264.18M
PGY	Pagaya	$772.81M	$257.23M
GCT	GigaCloud	$703.83M	$303.32M
DOCN	DigitalOcean	$692.88M	$198.48M
AFRM	Affirm	$674.61M	$184.34M
S	SentinelOne	$621.15M	$210.65M
ALTR	Altair Engineering	$612.70M	$151.45M
APPN	Appian	$545.36M	$154.05M
ZUO	Zuora	$431.66M	$116.93M
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	$66.72M
VERI	Veritone	$127.56M	$7.58M
HUBC	HUB Cyber Security (Israel)	$79.74M	$30.71M
RVYL	Ryvyl	$65.87M	$12.61M
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 Q3 2024 was $7.58M, a -75.55% decrease from the previous quarter (Q2 2024), and a -78.44% decrease year-over-year (Q3 2023). The company'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). VERI'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).

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.