AI software firm Veritone reports Q4 prelim results; announces deal with Oracle

Veritone

26/03/2026 20:53

Overview

US enterprise AI firm reports Q4 preliminary revenue in the range of $18.1 million - 30 million

Co reports preliminary Q4 non-GAAP net loss in the range of 13.9 million - 2 million

Company announced strategic agreement with Oracle to expand enterprise AI deployment

Outlook

Veritone expects FY 2026 revenue of $130 mln to $145 mln

Company sees FY 2026 non-GAAP net loss of $22.5 mln to $13.5 mln

Result Drivers

DATA REFINERY PIPELINE - Co said Veritone Data Refinery new bookings and near-term pipeline exceeded $50 mln, up over 25% from November 2025 and 250% from Q4 2024

STRATEGIC AGREEMENTS - Co announced multi-year strategic deal with Oracle and closed major contracts with commercial and public sector clients, including Google, Goldman Sachs, and US Department of Justice

INCREASED DATA VOLUME - Co said it more than tripled the volume of data processed in H2 2025 compared to H1, reaching 22.2 trillion tokens, indicating higher demand for premium data

Company press release: ID:nBw6gQ6WFa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 prelim Revenue
$18.1-30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for Veritone Inc is $9.15, about 240.1% above its March 25 closing price of $2.69

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)