Key Highlights
- Second quarter 2026 Revenue came in at USD 24.3 million, a 4.6% gain on USD 23.2 million a year earlier, while the GAAP net loss reached USD 22.2 million.
- USD 45.5 million of 1.75% convertible notes maturing in November 2026 now sit in current liabilities, and talks over that Debt prompted a change to the report date.
- Management's 2026 outlook calls for revenue of USD 100 million to USD 115 million, with GAAP losses projected between USD 55.3 million and USD 68.3 million.
- The third quarter call is now set for November 16, 2026, after the company moved it to allow more time for financing updates.
What Lies Ahead for Veritone, Inc. (NASDAQ:VERI) When It Reports on November 16, 2026
Veritone, Inc. (NASDAQ:VERI) plans to publish its third quarter 2026 figures on Monday, November 16, 2026. The date was moved back from November 12, 2026 so that management could expand on its convertible debt negotiations and other financing topics. Second quarter revenue reached USD 24.3 million, a 4.6% gain, and the GAAP loss per share was USD 0.24, against USD 0.53 a year earlier. Averaging the two ends of the 2026 revenue outlook, USD 100 million and USD 115 million, produces a calculated midpoint of USD 107.5 million.
Why the Latest Quarter and Management's Cost Plan Matter for Veritone, Inc. (NASDAQ:VERI)
Veritone, Inc. (NASDAQ:VERI) closed the second quarter with a GAAP net loss of USD 22.2 million and a non-GAAP net loss of USD 10.0 million. Operating loss came in at USD 22.1 million, and D&A totalled USD 5.8 million. The first wave of cost cutting generated annualised savings of USD 11.3 million, roughly 11% of operating expenses, and the company is targeting another USD 3.5 million to USD 8.5 million by the close of 2026. Combined, those measures would lower costs by about 15% to 20%. Restructuring charges reached USD 4.5 million in the period, and further cuts are slated for 2027. The company gave no standalone third quarter guidance.
Cash Shortfall Against Near-Term Notes and the Equity Raise at Veritone, Inc. (NASDAQ:VERI)
Veritone (NASDAQ:VERI) held USD 12.4 million in cash on June 30, 2026, not counting USD 0.3 million held as restricted funds, while owing USD 45.5 million on convertible notes that mature in November 2026. The calculated shortfall before any financing is about USD 33.1 million. A senior secured term Loan was paid off in November 2025, and on September 30, 2026 the company revealed plans for a USD 15.0 million equity raise. The second-quarter share base averaged 94.0 million on both a basic and diluted footing. The principal danger lies in settling or refinancing those notes, a matter the company ties to doubts about its ability to continue as a going concern, along with compressed margins and execution of savings.
Where Things Stand
Before its November 16, 2026 release, Veritone, Inc. (NASDAQ:VERI) has its Balance Sheet under the spotlight. Revenue for the second quarter edged up 4.6% to USD 24.3 million, and the per-share loss shrank to USD 0.24 from USD 0.53. Against that, only USD 12.4 million of cash is on hand to meet USD 45.5 million of convertible notes that fall due this month. The full-year revenue band of USD 100 million to USD 115 million remains in place, and the cost program targeting roughly 15% to 20% is in progress. Because the date moved to allow debt talks to progress, investors will likely hear about refinancing, Liquidity and whether the outlook survives.






Please wait processing your request...