Veritone Q1 2025 revenue $22.5M, down 7% YoY; net loss $19.9M improves from $25.2M

Veritone, Inc.

2025-Q1 EPS reported -$0.41 revenue$22,463,000

Total revenue $22.5M, down 7% YoY; Software Products & Services $14.5M (-4.8% YoY), Managed Services $8.0M (-10.7% YoY).
GAAP gross margin 61.1% vs 67.6% YoY; Non-GAAP gross margin 65.1% vs 71.2% YoY.
Total ARR (SaaS & Consumption) $58.7M from 3,156 customers; SaaS ARR $47.5M (81% of total).
New bookings $15.8M, up 22% YoY; VDR pipeline >$10M, up from $5M in March 2025.
Net loss $19.9M vs $25.2M in Q1 2024; non-GAAP net loss from continuing ops $11.1M (up 7.6% YoY).

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