The earnings call presented a strong performance in revenue and significant growth in AI software solutions and public sector expansion, particularly with the U.S. Air Force contract. However, challenges like a decline in managed services revenue, increased net loss, and gross margin compression were noted.

Company Guidance

During the second quarter of 2025, Veritone Inc. provided guidance reflecting significant growth and strategic advancements. The company reported over $24 million in revenue, hitting the high end of their updated guidance, driven by strong demand for their aiWARE platform and AI solutions. They highlighted organic non-Veritone Hire software revenue growth of over 45% and noted a substantial increase in their Veritone Data Refinery (VDR) pipeline by over 100% from Q1, now surpassing $20 million. The public sector pipeline also grew to $189 million, up from $110 million at the end of Q1. Veritone emphasized their strategic cost-saving initiatives expected to generate $10 million in annualized savings, alongside a $10 million equity offering completed in June, strengthening their financial position. Additionally, the company underscored the importance of their sole-source contract with the U.S. Air Force, contributing to their revenue in 2025 with expectations for significant ramp-up in 2026. The outlook for Q3 2025 anticipates revenue between $28 million and $30 million, with software products and services projected to increase over 45% year-over-year. For the full year, Veritone expects revenue between $108 million and $115 million, representing a 20% increase at the midpoint, despite a forecasted decline in managed services due to current economic challenges.

Strong Revenue Performance

Veritone reported revenue of over $24 million for the quarter, which was at the high end of their updated guidance. This is driven by strong demand for their aiWARE platform and AI applications.

Significant Growth in AI Software Solutions

There was a strong organic non-Veritone Hire software revenue growth of over 45% in the quarter. This growth is led by core AI software solutions in both commercial and public sector business lines.

Expansion in Public Sector

The public sector pipeline grew from $110 million at the end of the first quarter to $189 million. Veritone secured a major contract with the U.S. Air Force, contributing to this growth.

Veritone Data Refinery (VDR) Success

VDR pipeline increased by over 100% from Q1, surpassing $20 million. VDR greatly exceeded expectations in adoption and revenue contribution in the first half of 2025.

Cost Saving Initiatives

Veritone announced cost-saving initiatives expected to generate $10 million in annualized savings, alongside a $10 million equity offering completed in June, strengthening their financial position.

Veritone (VERI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

VERI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	-0.17 / -	-0.19	―	―	―
Aug 07, 2025	2025 (Q2)	-0.18 / -0.18	-0.18	2.22% (<+0.01)
May 08, 2025	2025 (Q1)	-0.20 / -0.24	-0.2	-22.00% (-0.04)
Mar 13, 2025	2024 (Q4)	-0.22 / -0.20	-0.16	-26.88% (-0.04)
Nov 12, 2024	2024 (Q3)	-0.16 / -0.19	-0.21	9.52% (+0.02)
Aug 08, 2024	2024 (Q2)	-0.15 / -0.18	-0.35	48.57% (+0.17)
May 07, 2024	2024 (Q1)	-0.20 / -0.20	-0.26	23.08% (+0.06)
Mar 12, 2024	2023 (Q4)	-0.15 / -0.16	0.05	-420.00% (-0.21)
Nov 08, 2023	2023 (Q3)	-0.18 / -0.21	-0.16	-31.25% (-0.05)
Aug 08, 2023	2023 (Q2)	-0.26 / -0.35	-0.2	-75.00% (-0.15)

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
Aug 07, 2025	$2.31	$2.84	+22.94%
May 08, 2025	$1.99	$1.81	-9.05%
Mar 13, 2025	$2.34	$2.61	+11.54%
Nov 12, 2024	$3.74	$2.84	-24.06%

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 Inc (VERI) report earnings?

Veritone Inc (VERI) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).

What is Veritone Inc (VERI) earnings time?

Veritone Inc (VERI) earnings time is at Nov 11, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is VERI EPS forecast?

VERI EPS forecast for the fiscal quarter 2025 (Q3) is -0.17.

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