Veritone (VERI) Net Income (2016 - 2024)
Veritone's (VERI) quarterly Net Income came in at $56.1 million in Q4 2024, up 2887.79% year-on-year from $1.9 million in Q1 2024, and up 7226.93% on a QoQ basis from $765000.0 in Q3 2024.
Veritone (VERI) Net Income (2016 - 2024) Analysis & Trends
Veritone (VERI) has 9 years of Net Income data on file, last reported at $56.1 million in Q4 2024.
- On a quarterly basis, Net Income rose 2887.79% year-over-year to $56.1 million in Q4 2024; TTM through Sep 2025 was $56.1 million, a 1070.41% increase from a year earlier, with the FY2024 full-year figure at $58.9 million, up 731.66% from the prior year.
- Net Income for Q4 2024 stood at $56.1 million, up from $765000.0 in the prior quarter.
- Over the last five years, Net Income for VERI reached as high as $56.1 million in Q4 2024 and fell as low as -$30.6 million in Q1 2021.
- Historically, Net Income has averaged -$6.1 million across 5 years, with a median of -$10.5 million in 2020.
- Across the five-year window, Net Income tumbled 616.14% in 2023 and soared 2887.79% in 2024, its largest moves.
- Year by year, Net Income stood at -$12.4 million in 2020, then climbed by 20.08% to -$9.9 million in 2021, then surged by 147.59% to $4.7 million in 2022, then plunged by 60.18% to $1.9 million in 2023, then surged by 2887.79% to $56.1 million in 2024.
- Per Business Quant data, the three most recent Net Income figures were $56.1 million in Q4 2024, $765000.0 in Q3 2024, and $1.1 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 31.78 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 132.24 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 5.92 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 876.40 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 432.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 61.44 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 534.60 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -22.90 Mn |
| 10 | Veritone | 65.53 Mn | 38.11 Mn | 12.92 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 56.05 Mn |
| Sep 30, 2024 | 765,000.00 |
| Jun 30, 2024 | 1.15 Mn |
| Mar 31, 2024 | 1.00 Mn |
| Dec 31, 2023 | 1.88 Mn |
| Sep 30, 2023 | 2.19 Mn |
| Jun 30, 2023 | -23.30 Mn |
| Mar 31, 2023 | -22.96 Mn |
| Dec 31, 2022 | 4.71 Mn |
| Sep 30, 2022 | -4.89 Mn |
| Jun 30, 2022 | -3.25 Mn |
| Mar 31, 2022 | -22.13 Mn |
| Dec 31, 2021 | -9.90 Mn |
| Sep 30, 2021 | -11.49 Mn |
| Jun 30, 2021 | -12.72 Mn |
| Mar 31, 2021 | -30.57 Mn |
| Dec 31, 2020 | -12.39 Mn |
| Sep 30, 2020 | -11.01 Mn |
| Jun 30, 2020 | -11.79 Mn |
| Mar 31, 2020 | -12.68 Mn |