Veritone (VERI) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Veritone Revenue Highlights

Latest Revenue (Y)

$92.64M

Latest Revenue (Q)

$7.58M

Main Segment (Y)

Software Products And Services

Veritone Revenue by Period

Veritone Revenue by Year

Date	Revenue	Change
2024-12-31	$92.64M	-27.38%
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	78.43%
2014-12-31	$7.81M	-86.47%
2001-12-31	$57.71M	-

Veritone generated $92.64M in revenue during NA 2024, up -27.38% compared to the previous quarter, and up 186.59% 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 24	Dec 23	Dec 22	Dec 21	Dec 20
Managed Services	$31.57M	$59.16M	-	-	-
License	$19.02M	$20.34M	-	-	-
Software Products And Services	$61.07M	$68.40M	-	-	-
Advertising	-	$38.82M	$31.55M	-	-
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
Ai W A R E Content Licensing	-	-	-	-	$11.67M
Ai W A R E Government Legal And Compliance	-	-	-	-	$1.94M
Ai W A R E Media And Entertainment	-	-	-	-	$10.80M
Ai W A R E Media Services	-	-	-	-	$622.00K
Ai W A R E Saa S Solutions	-	-	-	-	$13.86M
A I W A R E Other Markets	-	-	-	-	$1.11M
Advertising Agency	-	-	-	-	$27.53M
Advertising Veri Ads	-	-	-	-	$4.02M

Veritone's latest annual revenue breakdown by segment (product or service), as of Dec 24: Software Products And Services (54.69%), Managed Services (28.27%), and License (17.03%).

Quarterly Revenue by Product

Product/Service	Dec 24	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
Software Products And Services	$15.52M	$14.69M	$15.63M	$15.22M	$48.04M	$20.36M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Managed Services	-	$7.30M	$15.36M	$16.42M	$44.39M	$14.77M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
License	$4.12M	$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	-	-	-	-	-	-	-	-
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 Content Licensing And Media Services	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.66M	$3.28M	$2.67M	$3.60M	$3.23M	$2.79M
Ai W A R E Saa S Solutions	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$5.58M	$4.68M	$4.40M	$3.35M	$3.00M	$3.11M
Ai W A R E Media Services	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$81.00K	$541.00K	-	-
Advertising Agency	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$8.14M	$7.37M	$6.14M	-
Advertising Veri Ads	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.61M	$1.39M	$898.00K	-
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
Ai W A R E Government Legal And Compliance	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$772.00K	$537.00K	$139.00K	$496.00K
Ai W A R E Media And Entertainment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.12M	$2.46M	$2.61M	$2.61M

Veritone's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Software Products And Services (79.01%), and License (20.99%).

Veritone Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
GCT	GigaCloud	$1.16B	$303.32M
FIVN	Five9	$1.04B	$264.18M
PGY	Pagaya	$1.03B	$257.23M
S	SentinelOne	$821.46M	$210.65M
DOCN	DigitalOcean	$780.62M	$198.48M
AFRM	Affirm	$674.61M	$244.90M
ALTR	Altair Engineering	$665.79M	$151.45M
APPN	Appian	$617.02M	$154.05M
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	$261.70M	$66.72M
STEM	Stem	$144.58M	$29.29M
VERI	Veritone	$92.64M	$7.58M
RVYL	Ryvyl	$56.00M	$12.61M
HUBC	HUB Cyber Security	$42.66M	$15.36M
ALAR	Alarum	$26.50M	$8.38M
BLIN	Bridgeline Digital	$15.88M	$3.79M
ARQQ	Arqit Quantum	$640.00K	$59.50K

VERI Revenue FAQ

What is Veritone’s yearly revenue?

Veritone's yearly revenue for 2024 was $92.64M, representing a decrease of -27.38% compared to 2023. The company's yearly revenue for 2023 was $127.56M, representing a decrease of -14.81% compared to 2022. VERI's yearly revenue for 2022 was $149.73M, representing an increase of 29.85% compared to 2021.

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 (2022-2024) was -38.13%, and for the last 5 years (2020-2024) was 60.53%.

What are Veritone’s revenue streams?

Veritone's revenue streams in c 24 are Managed Services, License, and Software Products And Services. Managed Services generated $31.57M in revenue, accounting 28.27% of the company's total revenue, down -46.64% year-over-year. License generated $19.02M in revenue, accounting 17.03% of the company's total revenue, down -6.49% year-over-year. Software Products And Services generated $61.07M in revenue, accounting 54.69% of the company's total revenue, down -10.72% year-over-year.

What is Veritone’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Veritone was Software Products And Services. This segment made a revenue of $61.07M, representing 54.69% of the company's total revenue.