Filing Flows › Veritone (VERI) › Q1 2026
Veritone (VERI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Veritone (VERI) reported revenue of $20.3M for the first quarter 2026 (Q1 2026), -10% from a year earlier and +2% from the quarter before. Operating margin was -95.9%, net loss $19.5M (96.3% of revenue).
Veritone, Q1 2026: revenue $20.3M (-10% year over year), operating margin -95.9%, net loss $19.5M, operating cash flow −$11.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20.3M | +2% | -10% |
| Operating profit | −$19.4M | — | — |
| Net earnings | −$19.5M | — | — |
| Operating cash flow | −$11.5M | — | — |
What changed
Revenue was $20.3M in Q1 2026, down 10% year over year and up 2% from the previous quarter. Software Products & Services was the largest line at 68% of revenue. Representation Services lost $795K year over year (down 29%), 36% of the total change.
Operating costs exceeded revenue by $19.4M, an operating margin of -95.9%. Total costs fell 10% while revenue fell 10%. The fastest-growing cost line was Research & development (+11%). The quarter ended with a net loss of $19.5M, narrower than the previous quarter's $36.1M loss.
Operating cash flow was −$11.5M. Non-cash charges added back $5.8M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items added $1.0M. Capital expenditures of $534K exceeded it, leaving free cash flow of −$12.0M.
Questions
What was Veritone's revenue in the first quarter 2026?
Veritone (VERI) reported revenue of $20.3M for the first quarter 2026 (Q1 2026), -10% from a year earlier and +2% from the quarter before.
Was Veritone profitable in the first quarter 2026?
Operating loss was $19.4M (-95.9% of revenue) and net loss $19.5M.
Source: Veritone 10-Q on SEC EDGAR.