Veritone (VERI)
NASDAQ:VERI
Earnings Data
Report Date
May 05, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.45Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a broadly positive strategic narrative: Veritone announced major partnerships (Oracle), a transformative data transaction providing access to >50M hours of data with potential for >$100M in VDR revenue over three years, a $50M+ VDR pipeline, strong public sector momentum (68% YoY) and multiple commercial growth metrics (licensing +~10% YoY, software deals +14% YoY). The company also materially strengthened its balance sheet by exiting secured debt and cutting annual interest costs by ~90%, and provided revenue guidance of $130M–$145M for 2026. Key risks and lowlights include near-term GAAP uncertainty on a $12.9M Q4 transaction that widened Q4 revenue guidance ($18.1M–$30M), supply constraints that caused management to turn down >$10M of orders in 2025, continued near-term non-GAAP losses (forecast -$13.5M to -$22.5M for 2026), gross margin pressure from revenue mix, and limited visibility on consumption-based VDR revenue and government timing. Overall, the strategic wins, pipeline, marketplace launch and balance sheet improvements outweigh the operational and accounting risks discussed, but execution and timing remain critical to realizing the plan.Company Guidance
Strategic Oracle Partnership
Signed a multiyear strategic partnership with Oracle to deploy aiWARE on Oracle Cloud Infrastructure (OCI), providing financial incentives, higher-performance AI super clusters, improved cost efficiency for compute/storage, enhanced security/data sovereignty, and a scalable cloud foundation for Veritone's next-generation AI solutions.
Transformative Data Transaction (Face Value $12.9M)
Completed a complex non-monetary transaction with a face value of $12.9M that granted preferred access to customers controlling more than 50 million hours of monetizable data; management conservatively estimates this data could generate over $100M in VDR revenue over the next 3 years and includes a fixed 50% revenue share that materially improves VDR margins.
VDR Pipeline and Hyperscaler Reach
Near-term VDR pipeline is reported as $50+ million; Veritone is under contract to and generating revenue with major hyperscalers including NVIDIA, Amazon, Google and Meta, positioning the company to capture demand as hyperscalers scale AI infrastructure spending.
Fiscal 2026 Revenue Guidance
Provided 2026 revenue guidance of $130M to $145M. Management indicates the midpoint implies substantial year-over-year growth (CFO noted a ~47% increase contextually vs prior reference point), driven by public sector and VDR expansion.
Public Sector Momentum
Public sector business grew 68% year-over-year in 2025 and management is targeting 60%–70% year-over-year growth in fiscal 2026, citing expanded federal contracts, deployable secure architectures, and international opportunities.
Commercial Licensing and Software Growth
Q4 licensing executed 224 orders (nearly +10% YoY) and software deal volume grew 14% YoY to 33 deals; Workday Platinum Partner program yielded 59 new deals, a 30% increase year-over-year.
Broadbean (Hiring Division) Scale and Profitability
Broadbean distributed over 7.6 million unique jobs, powered more than 40 million unique job ads, generated ~132 million engagements and serves ~30,000 unique HR professionals monthly while maintaining robust profit margins despite macro headwinds.
Global Media Services and Major SaaS Wins
Global Media Services delivered double-digit net revenue growth and Q4 was the strongest on record with media under management crossing $10M for the first time; secured a major UK government SaaS win (Department for Work and Pensions) and other enterprise renewals (Sony Pictures, Summit Media).
Product and Marketplace Launch
Launched the Veritone Data Marketplace (VDM) to complement the Veritone Data Refinery, enabling governed, transactional distribution of tokenized, model-ready unstructured data and improving data monetization velocity and transparency for rights holders and AI developers.
Balance Sheet and Debt Improvements
Retired 100% of senior secured term debt, repurchased ~50% of outstanding convertible notes, reduced annual debt carry costs by ~90% (from ~$14M to ~$0.8M), and closed FY2025 with $27.7M in unencumbered cash; outstanding capital metrics: ~$45M of 1.75% convertible debt and ~92.6M shares outstanding.
VERI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VERI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 26, 2026 | $2.61 | $1.84 | -29.50% |
Nov 10, 2025 | $5.37 | $5.23 | -2.61% |
Aug 07, 2025 | $2.31 | $2.84 | +22.94% |
May 08, 2025 | $1.99 | $1.81 | -9.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Veritone (VERI) report earnings?
Veritone (VERI) is schdueled to report earning on May 05, 2026, After Close (Confirmed).
What is Veritone (VERI) earnings time?
Veritone (VERI) earnings time is at May 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What is VERI EPS forecast?
Currently, no data Available