Veritone (VERI) Company Report

Veritone announced growth in customers utilizing its Veritone Data Refinery (VDR) solution to monetize their proprietary data.
The data volume processed by VDR in the second half of 2025 increased more than 3.5 times from the first half of 2025, reaching a new milestone of 22.2 trillion tokens.
This growth signals increasing demand for premium data and new revenue opportunities for data-rich organizations.
The data licensing market is forecasted to grow from $7.48 billion in 2026 to $52.41 billion within the next decade.

Jan 29, 2026, 9:05 PM

Press Release

Veritone's aiWARE Platform Aligns with Department of War's AI Strategy

VERI

New Projects/Investments

Product Launch

Veritone's aiWARE™ platform is positioned to advance the Department of War’s AI-first, modular open architecture strategy, issued on January 9, 2026.
The platform holds FedRAMP authorization and "Awardable" status on DoD Platform One and CDAO's Tradewinds Solutions Marketplace, indicating federal readiness.
Veritone secured a five-year multi-vendor $249 million blanket purchase agreement from the Chief Digital and Artificial Intelligence Office (CDAO) for Test and Evaluation capabilities.
In December 2025, Veritone expanded aiWARE deployment options to include self-hosted tenants in private AWS or Azure environments, enhancing flexibility for government clients.

Jan 14, 2026, 1:00 PM

Press Release

Veritone Highlights AIWare Platform, New Data Refinery Product, and Public Sector Growth

VERI

Product Launch

New Projects/Investments

Revenue Acceleration/Inflection

Veritone's AIWare operating system processes raw audio, video, images, and documents into indexed and organized tokens, fueling applications for search, discovery, and monetization across commercial and public sectors.
The new Veritone Data Refinery (VDR) product line, which transforms unstructured data into high-quality tokenized datasets for AI model training, has already secured over $40 million in bookings and expects to contract with nearly every major hyperscaler by year-end.
Veritone's applications, including Digital Media Hub (DMH) for media asset management and Intelligent Digital Evidence Management System (iDEMS) for public safety, provide significant utility, with iDEMS' Redact tool reducing redaction time for a customer from 8 hours to 1 hour for a 15-minute video.
The company is strategically positioned in the expanding data-as-a-currency era, with the global tokenization asset market projected to exceed $10 trillion by 2030, and expects its VDR customer base to grow significantly beyond the current 30 major players.

Dec 1, 2025, 5:00 PM

Transcript

Veritone Launches Data Refinery Solution and Reports Strong Bookings

VERI

Product Launch

New Projects/Investments

Revenue Acceleration/Inflection

Veritone has launched its new Veritone Data Refinery (VDR) solution, which transforms raw, unstructured audio and video into high-quality tokenized datasets for training and fine-tuning AI models for hyperscalers and foundational model developers.
VDR has a qualified near-term pipeline and bookings already surpassing $40 million.
The company expects to hold active contracts or projects with nearly every major hyperscaler in the market by the end of the year, strengthening VDR's role in the unstructured AI training data ecosystem.
Veritone sees the White House's "Genesis mission" as a validation of its business model, focusing on data provenance and leveraging proprietary data sets, which could open future government opportunities.
The majority of VDR contracts are currently consumption-based, with some one-time fees, and are anticipated to evolve towards more subscription-like revenues.

Dec 1, 2025, 5:00 PM

Transcript

Veritone outlines AI and Data Economy vision, VDR progress, and 2026 roadmap

VERI

Product Launch

New Projects/Investments

Revenue Acceleration/Inflection

Veritone, an AI and data company, leverages its proprietary aiWARE operating system to process and tokenize unstructured audio and video data, providing intelligence and value to customers in media, entertainment, sports, and the public sector.
The company's new Veritone Data Refinery (VDR) product line, which transforms raw data into high-quality training data for AI models, has already secured over $40 million in bookings.
Veritone anticipates having active contracts or projects with nearly every major hyperscaler by the end of 2025, with VDR contracts primarily structured as consumption-based.
Veritone plans to launch its new chatbot, "Very," integrated into many of its applications in Q1 2026, enabling users to interact with their data through natural language.
The White House's recent "Genesis mission" executive order is viewed by Veritone as a validation of its business model, particularly its focus on data provenance for foundational AI models.

Dec 1, 2025, 5:00 PM

Transcript

Veritone announces significant debt reduction and financial restructuring

VERI

Veritone has completed a transaction resulting in a $77.5 million debt reduction, which includes paying down $31.8 million of its senior secured credit facility and approximately $45.7 million of its outstanding convertible notes.
This debt reduction will decrease Veritone's annual debt carrying costs by over 90%, from approximately $14.0 million to $0.8 million, resulting in an annual saving of approximately $13.0 million.
The transaction also frees up approximately $15.0 million of previously restricted cash and terminates senior secured debt covenants and releases liens.
According to CEO Ryan Steelberg, this new capital structure, free of onerous debt, significantly improves the company's financial profile and enables it to more efficiently pursue growth in its AI-enabled solutions.

Nov 13, 2025, 12:30 PM

Press Release

Veritone Clarifies Q3 2025 Results and Provides Q4 and Full-Year 2025 Guidance

VERI

Earnings

Guidance Update

Veritone, Inc. clarified its third-quarter 2025 commentary, noting a one-time $8.0 million non-operational and non-cash expense recorded in Q3 2025, reflecting an estimated change in the potential earn-out from the October 2024 divestiture of Veritone One.
The company reported a GAAP net loss from continuing operations of $26.9 million for Q3 2025, an increase of $4.4 million, or 20%, compared to Q3 2024, primarily driven by the earn-out adjustment and a $2.2 million change in tax provision, partially offset by a $6.7 million improvement in operating loss.
Veritone's non-GAAP net loss from continuing operations improved by 47.8%, or $5.3 million, to $5.8 million in Q3 2025 compared to Q3 2024. The adjusted loss per share from continuing operations for Q3 2025 was $(0.09), an improvement of $0.20 per share or 69% from $(0.29) in Q3 2024.
The company projects Q4 2025 non-GAAP net loss to be between $1.5 and $5.0 million, representing a 66% improvement at the midpoint compared to Q4 2024. For Full-Year 2025, non-GAAP net loss is expected to be between $26.0 and $31.6 million, a 29% year-over-year improvement at the midpoint.

Nov 10, 2025, 12:34 PM

8-K

Veritone Clarifies Q3 2025 Results and Provides Outlook

VERI

Earnings

Guidance Update

Veritone reported a non-GAAP net loss from continuing operations of $5.8 million for the third quarter ended September 30, 2025, marking a 47.8% improvement compared to Q3 2024.
The adjusted loss per share from continuing operations was $(0.09) for Q3 2025, an improvement of 69% from $(0.29) per share in the prior year period.
The GAAP net loss from continuing operations for Q3 2025 was $26.9 million, primarily influenced by a one-time $8.0 million non-cash adjustment related to the estimated change in the earn-out of the Veritone One divestiture.
For Q4 2025, the company projects a non-GAAP net loss between $1.5 million and $5.0 million, and the Full-Year 2025 non-GAAP net loss is expected to be between $26.0 million and $31.6 million.

Nov 10, 2025, 12:30 PM

Press Release

Veritone Announces Strong Q3 2025 Results and Significant Debt Reduction

VERI

Earnings

Guidance Update

Debt Issuance

Veritone reported Q3 2025 revenue of $29.1 million, representing a 32% year-over-year increase.
Software products and services revenue grew by an impressive 55% during the quarter, with the Veritone Data Refinery (VDR) business showing exceptional performance and a near-term sales pipeline and bookings exceeding $40 million.
The company significantly strengthened its balance sheet by completing an agreement to retire 100% of its term debt and repurchase approximately 50% of its outstanding convertible debt, reducing its annual debt service burden from over $14 million to approximately $800,000.
Veritone provided Q4 2025 revenue guidance of $33.4 million to $39.4 million and updated fiscal 2025 revenue guidance to $109 million to $115 million, both indicating substantial year-over-year growth.
The non-GAAP net loss from continuing operations for Q3 2025 improved by 48% year-over-year to $5.8 million, and the company aims to achieve operating profitability in late 2026.

Nov 6, 2025, 10:00 PM

Transcript

Veritone Announces Q3 2025 Results, Debt Reduction, and Equity Raises

VERI

Earnings

Guidance Update

Debt Issuance

Veritone reported Q3 2025 total revenue of $29.1 million, representing a 32.4% year-over-year increase, with Software Products & Services revenue growing 55.5% year-over-year to $22.8 million.
For Q3 2025, the company recorded a net loss of $(26.880) million and a Non-GAAP net loss of $(5.796) million.
Veritone announced an agreement to pay down 100% of its Senior Secured Term Debt and approximately 50% of its Convertible Notes, which is expected to result in approximately $34 million in unencumbered cash and $45 million in convertible debt post-repayment, significantly reducing forecasted debt carry costs. The company also completed two equity capital raises totaling more than $100 million in September and October 2025.
The company provided FY25 guidance, anticipating revenue between $109.0 million and $115.0 million, and a Non-GAAP Net Loss between $(31.6) million and $(26.0) million.