Veritone Q2 Revenue Rises 4.6% to $24.3M, Guides FY26 Revenue to $100M-$115M

summarizeSummary

Veritone posted Q2 revenue of $24.3 million, up 4.6% year over year, and guided FY26 revenue to $100M-$115M. Restructuring delivered $11.3M in annualized cost cuts, but cash of $12.4M against $45.5M in notes due November 2026 keeps liquidity tight.

check_boxKey Events · Earnings and Guidance · VERI

• Q2 Revenue Up 4.6%

  Revenue of $24.3 million increased $1.1 million from Q2 2025, driven by Managed Services growth of 15.2%.

• FY26 Guidance Issued

  Full-year 2026 revenue expected between $100 million and $115 million, implying 16% growth at the midpoint; non-GAAP net loss expected between $22.0 million and $32.0 million.

• Restructuring Cost Cuts

  Completed first phase with $11.3 million in annualized cost reductions, targeting total reductions of 15% to 20% of annual operating expenses by year-end 2026.

• Liquidity Pressure

  Cash and cash equivalents fell to $12.4 million as of June 30, 2026, while $45.5 million in convertible notes are due November 2026.

auto_awesomeAnalysis · VERI · Technology

Veritone reported Q2 2026 revenue of $24.3 million, up 4.6% year over year, and issued full-year 2026 revenue guidance of $100 million to $115 million, implying 16% growth at the midpoint. The company completed the first phase of its restructuring, delivering $11.3 million in annualized cost reductions, and targets total operating expense reductions of 15% to 20% by year-end. However, cash has fallen to $12.4 million while $45.5 million in convertible notes come due in November 2026, keeping liquidity pressure front and center. The stock trades at $1.09, and the company's going-concern warning remains unresolved.