Filing Flows › Veritone (VERI) › Q1 2025
Veritone (VERI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
Veritone (VERI) reported revenue of $22.5M for the first quarter 2025 (Q1 2025), -7% from a year earlier and +0.1% from the quarter before. Operating margin was -96.3%, net loss $19.9M (88.5% of revenue).
Veritone, Q1 2025: revenue $22.5M (-7% year over year), operating margin -96.3%, net loss $19.9M, operating cash flow −$17.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.5M | +0.1% | -7% |
| Operating profit | −$21.6M | — | — |
| Net earnings | −$19.9M | -163% | — |
| Operating cash flow | −$17.0M | — | — |
What changed
Revenue was $22.5M in Q1 2025, down 7% year over year and roughly flat from the previous quarter. Software Products and Services was the largest line at 64% of revenue. Software Products and Services lost $737K year over year (down 5%), 44% of the total change.
Operating costs exceeded revenue by $21.6M, an operating margin of -96.3%. Total costs fell 9% while revenue fell 7%. The fastest-growing cost line was Cost of revenue (+11%). The quarter ended with a net loss of $19.9M, after a profit of $31.8M the previous quarter.
Operating cash flow was −$17.0M. Non-cash charges added back $6.9M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items used $5.9M. Capital expenditures of $1.4M exceeded it, leaving free cash flow of −$18.4M.
Questions
What was Veritone's revenue in the first quarter 2025?
Veritone (VERI) reported revenue of $22.5M for the first quarter 2025 (Q1 2025), -7% from a year earlier and +0.1% from the quarter before.
Was Veritone profitable in the first quarter 2025?
Operating loss was $21.6M (-96.3% of revenue) and net loss $19.9M.
Source: Veritone 10-Q on SEC EDGAR.