Veritone, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $92.2M | $92.6M | $100.0M | $149.7M | $115.3M | $57.7M | $49.6M | $27.0M |
| Cost of Revenue | $29.6M | $27.3M | $28.3M | $27.4M | $22.1M | $15.7M | $15.3M | $6.5M |
| Gross Profit | $62.6M | $65.4M | $71.7M | $122.3M | $93.2M | $42.0M | $32.4M | $20.6M |
| Gross Margin | 67.9% | 70.6% | 71.7% | 81.7% | 80.8% | 72.9% | 65.2% | 76.0% |
| Operating Expenses | ||||||||
| Research & Development | $20.7M | $26.8M | $40.6M | $43.6M | $25.1M | $14.4M | $22.8M | $22.1M |
| SG&A Expense | $53.3M | $58.4M | $61.5M | $44.2M | $91.7M | $50.1M | $47.3M | $38.0M |
| Operating Income | $-81.3M | $-88.2M | $-99.6M | $-38.0M | $-61.4M | $-47.7M | $-64.1M | $-62.0M |
| Operating Margin | -88.1% | -95.2% | -99.6% | -25.4% | -53.2% | -82.6% | -129.1% | -229.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-112.0M | $-100.2M | $-69.0M | $-23.2M | $-62.0M | $-47.8M | $-63.5M | $-61.1M |
| Income Tax Expense | $-228.0K | $-3.9M | $-3.3M | $2.3M | $2.7M | $76.0K | $-1.5M | $22.0K |
| Net Income | $-111.7M | $-37.4M | $-58.6M | $-25.6M | $-64.7M | $-47.9M | $-62.1M | $-61.1M |
| Net Margin | -121.2% | -40.4% | -58.6% | -17.1% | -56.1% | -83.0% | -125.0% | -225.9% |
| EPS (Basic) | $-1.76 | $-0.98 | $-1.59 | $-0.71 | $-1.94 | $-1.73 | $-2.85 | $-3.48 |
| EPS (Diluted) | $-1.76 | $-0.98 | $-1.59 | $-0.71 | $-1.94 | $-1.73 | $-2.85 | $-3.48 |
| Shares Outstanding (Basic) | 63.3M | 38.0M | 36.9M | 36.0M | 33.3M | 27.6M | 21.8M | 17.7M |
| Shares Outstanding (Diluted) | 63.3M | 38.0M | 36.9M | 36.0M | 33.3M | 27.6M | 21.8M | 17.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |