Veritone Q2 2026 net loss narrows to $22.2 million; revenue rises 4.6% to $24.3 million

Reuters2026/08/13 20:07

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Veritone posted Q2 revenue of USD 24.3 million, up 4.6% from Q2 2025; net loss narrowed to USD 22.2 million.
Operating loss widened to USD 22.1 million on USD 4.5 million in restructuring expense; GAAP gross margin fell 901 bps to 58.5%.
Annual recurring revenue edged up 0.2% year over year to USD 62 million, while software products and services customers fell 7.7% to 2,829.
Completed first restructuring phase, delivering USD 11.3 million in annualized operating expense cuts; targets an additional USD 3.5 million to USD 8.5 million by year-end.
Forecasts full-year revenue of USD 100 million to USD 115 million; expects non-GAAP net loss of USD 22 million to USD 32 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Veritone Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608131605BIZWIRE_USPR_____20260813_BW057510) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Veritone Q2 2026 net loss narrows to $22.2 million; revenue rises 4.6% to $24.3 million

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