Veritone (VERI) Net Income (2016 - 2024)
Veritone (VERI) posted quarterly Net Income of $56.1 million for Q4 2024, up 2887.79% YoY from $1.9 million in Q1 2024, and up 7226.93% sequentially from $765000.0 in Q3 2024.
Veritone (VERI) Net Income (2016 - 2024) Analysis & Trends
Veritone has disclosed Net Income across 9 years of filings, most recently posting $56.1 million for Q4 2024.
- In Q4 2024, Net Income rose 2887.79% year-over-year to $56.1 million; the TTM figure through Sep 2025 stood at $56.1 million (up 1070.41% YoY), while the FY2024 annual figure was $58.9 million, up 731.66% from the prior year.
- Net Income grew to $56.1 million in Q4 2024, 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.
- The 5-year median for Net Income is -$10.8 million (2020), against an average of -$6.2 million.
- Annual changes were most pronounced in 2023 — Net Income tumbled 616.14% — and 2024, when it surged 2887.79%.
- A 5-year view of Net Income shows it stood at -$12.4 million in 2020, then grew by 14.94% to -$10.5 million in 2021, then soared by 129.89% to $3.1 million in 2022, then tumbled by 40.43% to $1.9 million in 2023, then surged by 2887.79% to $56.1 million in 2024.
- According to Business Quant data, Net Income over the past three periods registered $56.1 million, $765000.0, and $1.1 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 31.78 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 4.30 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 876.40 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 432.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 61.44 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 534.60 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -22.90 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 64.72 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -308.60 Mn |
| 10 | Veritone | 91.18 Mn | 63.75 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 | 3.15 Mn |
| Sep 30, 2022 | -4.89 Mn |
| Jun 30, 2022 | -3.25 Mn |
| Mar 31, 2022 | -22.13 Mn |
| Dec 31, 2021 | -10.54 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 |