Veritone, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. Total revenue increased 4.6% year-over-year to $24.3 million, while Annual Recurring Revenue (ARR) remained flat at $62.0 million. The company completed the first phase of its restructuring plan, incurring $4.5 million in expenses that delivered $11.3 million in annualized cost reductions. Management targets an additional $3.5 million to $8.5 million in savings by year-end 2026. Full-year 2026 revenue guidance is set between $100 million and $115 million, with a projected non-GAAP net loss of $22.0 million to $32.0 million. Veritone operates in the enterprise artificial intelligence software industry, providing AI solutions that transform unstructured data into actionable intelligence.
