Veritone (VERI) Cost of Revenue (2016 - 2025)
Veritone (VERI) posted quarterly Cost of Revenue of $7.0 million for Q4 2025, up 268.4% YoY from $1.9 million in Q4 2024, and down 33.57% sequentially from $10.5 million in Q3 2025.
Veritone (VERI) Cost of Revenue (2016 - 2025) Analysis & Trends
Veritone has disclosed Cost of Revenue across 10 years of filings, most recently posting $7.0 million for Q4 2025.
- In Q4 2025, Cost of Revenue rose 268.4% year-over-year to $7.0 million; the TTM figure through Dec 2025 stood at $31.7 million (up 55.79% YoY), while the FY2025 annual figure was $29.6 million, up 8.64% from the prior year.
- Cost of Revenue declined to $7.0 million in Q4 2025, from $10.5 million in the prior quarter.
- Over the last five years, Cost of Revenue for VERI reached as high as $13.9 million in Q3 2022 and fell as low as -$5.1 million in Q4 2023.
- The 5-year median for Cost of Revenue is $6.9 million (2022), against an average of $7.2 million.
- Annual changes were most pronounced in 2023 — Cost of Revenue plunged 176.49% — and 2025, when it jumped 268.4%.
- A 5-year view of Cost of Revenue shows it stood at $6.3 million in 2021, then climbed by 7.02% to $6.7 million in 2022, then sank by 176.49% to -$5.1 million in 2023, then gained by 19.18% to -$4.1 million in 2024, then jumped by 268.4% to $7.0 million in 2025.
- According to Business Quant data, Cost of Revenue over the past three periods registered $7.0 million, $10.5 million, and $6.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 6.81 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.07 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 215.80 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 823.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 463.58 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 636.30 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 184.16 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 396.38 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 3.15 Bn |
| 10 | Veritone | 91.18 Mn | 63.75 Mn | 12.92 Mn | 6.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 6.98 Mn |
| Dec 31, 2025 | 6.98 Mn |
| Sep 30, 2025 | 10.51 Mn |
| Sep 30, 2025 | 10.51 Mn |
| Jun 30, 2025 | 6.35 Mn |
| Jun 30, 2025 | 6.35 Mn |
| Mar 31, 2025 | 7.83 Mn |
| Mar 31, 2025 | 7.83 Mn |
| Dec 31, 2024 | -4.15 Mn |
| Dec 31, 2024 | -4.15 Mn |
| Sep 30, 2024 | 6.33 Mn |
| Sep 30, 2024 | 6.33 Mn |
| Jun 30, 2024 | 11.21 Mn |
| Jun 30, 2024 | 11.21 Mn |
| Mar 31, 2024 | 6.95 Mn |
| Mar 31, 2024 | 6.95 Mn |
| Dec 31, 2023 | -5.13 Mn |
| Dec 31, 2023 | -5.13 Mn |
| Sep 30, 2023 | 7.03 Mn |
| Sep 30, 2023 | 7.03 Mn |