Veritone (VERI) Net Income (2016 - 2024)
Veritone (VERI) reported Net Income of $56.1 million for Q4 2024, up 2887.79% year-over-year from $1.9 million in Q1 2024, and up 7226.93% quarter-over-quarter 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.
- Net Income for Q4 2024 came in at $56.1 million, up 2887.79% year-over-year; the trailing twelve-month figure through Sep 2025 was $56.1 million (up 1070.41% YoY), and the FY2024 annual result was $58.9 million, up 731.66% from the prior year.
- Net Income improved to $56.1 million in Q4 2024 per VERI's latest filing, from $765000.0 in the prior quarter.
- Over five years, Net Income peaked at $56.1 million in Q4 2024 and troughed at -$30.6 million in Q1 2021.
- A 5-year average of -$6.2 million and a median of -$10.8 million in 2020 frame the typical range for Net Income.
- The sharpest annual moves came in 2023 and 2024: Net Income sank 616.14% in 2023, then surged 2887.79% in 2024.
- 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 sank by 40.43% to $1.9 million in 2023, then surged by 2887.79% to $56.1 million in 2024.
- Business Quant data shows VERI's Net Income at $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 | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 31.78 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 593,000.00 |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 3.72 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 876.40 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 432.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 61.44 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 534.60 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 64.72 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -22.90 Mn |
| 10 | Veritone | 4.05 Mn | -23.37 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 |