Veritone Q2 2026 net loss narrows to $22.2 million; revenue rises 4.6% to $24.3 million
VERI•Q2 results
- Veritone posted Q2 revenue of $24.3 million, up 4.6% from Q2 2025; net loss narrowed to $22.2 million.
- Operating loss widened to $22.1 million on $4.5 million in restructuring expense; GAAP gross margin fell 901 bps to 58.5%.
- Annual recurring revenue edged up 0.2% year over year to $62 million, while software products and services customers fell 7.7% to 2,829.
Restructuring progress and outlook
- Completed first restructuring phase, delivering $11.3 million in annualized operating expense cuts; targets an additional $3.5 million to $8.5 million by year-end.
- Forecasts full-year revenue of $100 million to $115 million; expects non-GAAP net loss of $22 million to $32 million.
