# Veritone, Inc. (VERI)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $100M  
**Price:** $1.57 (-0.94%)

> Veritone, Inc. is an American artificial intelligence technology company headquartered in Irvine, California, founded in 2014. It specializes in human-centered AI solutions powered by its proprietary operating system, aiWARE, which orchestrates machine learning models to transform unstructured audio, video, and other data into actionable intelligence. The company serves diverse sectors including media and entertainment, public safety and government agencies, commercial enterprises, talent acquisition, healthcare, finance, and retail. Key offerings include the Veritone Data Refinery for tokenizing and preparing data for AI training and monetization, Intelligent Digital Evidence Management System (iDEMS) and Redact for secure handling of sensitive media in law enforcement and defense, and custom AI applications that enhance operational efficiency, decision-making, and compliance. Through subsidiaries like Veritone One for advertising and Veritone Digital for content management, it enables businesses to unlock value from media assets, streamline workflows, and deploy vendor-agnostic AI in cloud or on-premise environments. Veritone plays a vital role in the enterprise AI market by bridging raw data to intelligence across regulated and high-stakes industries.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $92M | — | -$81M | -$112M | — |
| 2024 | $93M | — | -$88M | -$37M | — |
| 2023 | $100M | — | -$100M | -$59M | — |
| 2022 | $150M | — | -$38M | -$26M | — |
| 2021 | $115M | — | -$61M | -$65M | — |
| 2020 | $58M | — | -$48M | -$48M | — |
| 2019 | $50M | $32M | -$64M | -$62M | — |
| 2018 | $27M | $21M | -$62M | -$61M | — |
| 2017 | $14M | $13M | -$47M | -$60M | — |
| 2016 | $9M | $7M | -$24M | -$27M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $182M | $114M | $68M | $27M | — |
| 2024 | $198M | $185M | $13M | $17M | $41M |
| 2023 | $379M | $341M | $38M | $47M | $78M |
| 2022 | $425M | $345M | $80M | $184M | — |
| 2021 | $518M | $432M | $87M | $255M | — |
| 2020 | $178M | $89M | $88M | $115M | — |
| 2019 | $109M | $61M | $47M | $44M | — |
| 2018 | $118M | $57M | $60M | $38M | — |
| 2017 | $89M | $27M | $61M | $30M | — |
| 2016 | $22M | $45M | -$46M | $12M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$53M | $5M | -$58M |
| 2024 | -$25M | $6M | -$31M |
| 2023 | -$76M | $5M | -$81M |
| 2022 | $4M | $5M | -$1M |
| 2021 | $7M | $1M | $6M |
| 2020 | $1M | $175,000 | $1M |
| 2019 | -$30M | $293,000 | -$31M |
| 2018 | -$42M | $4M | -$45M |
| 2017 | -$32M | $664,000 | -$33M |

Source: [CompaniesByCap](https://companiesbycap.com/company/VERI)