Slide 1: Investor Presentation
Investor Presentation November 2025 Copyright © 2025 Veritone, Inc. All rights reserved. Copyright © 2025 Veritone, Inc. All rights reserved. Trademarks are the property of their respective owners.
Slide 2: Forward-Looking Statements & Disclaimers
Forward-Looking Statements & Disclaimers This presentation of Veritone, Inc. (the “Company”) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. Without limiting the generality of the foregoi
Slide 3: The enterprise AI company for the data economy
The enterprise AI company for the data economy. Veritone is a leading enterprise AI software, applications and services provider transforming unstructured data into AI-ready assets. Software, products & Founded in NASDAQ: Employees: services customers: 2014 VERI 430+ 3,020+ * Copyright © 2025 Verito
Slide 4: A decade+ of leading the way
A decade+ of leading the way AI that uplevels people, businesses and communities 2015 2017 2019 2021 2023 2025 • ROI Media • Initial Public Offering • Acquires Machine Box; • Launches Veritone • Launches • Awarded a sole-source contract from becomes Veritone on NASDAQ company exceeds 300 Voice; mult
Slide 5: The Data Problem
It all starts with The Data Problem data. We’re committed to Every day, enterprises generate a advancing AI technology massive volume of data—most of it to help transform unstructured. unstructured data into insights, insights into action, Vast amounts of audio, video and text and action into impact
Slide 6: Unstructured data in, intelligence and automation out
Unstructured data in, intelligence and automation out. 862 Unique AI Models Used Entertainment archives • Bodycam footage • Sports broadcasts Drone footage • CCTV • News broadcasts • Courtroom recordings Radio broadcast • Podcasts • Interviews • Phone call recordings Audio books • Legal Proceedings
Slide 7: Our Platform Solution: Veritone aiWARE
Our Platform Solution Veritone aiWARE ● AI Platform: A proprietary AI operating system that supports and offers Enterprise AI OS hundreds of cognitive and generative AI models to analyze, organize, and act on data in near real-time. Industry Applications Application Layer ● Intelligent Data Lake: A
Slide 8: An Operating system for AI
An Operating system for AI …compare to a computational OS Veritone Application suite Office 365 Suite Industry Applications Industry Applications API API aiWARE Windows Copyright © 2025 Veritone, Inc. All rights reserved. 8
Slide 9: Empowering a robust partner & customer ecosystem
Empowering a robust partner & customer ecosystem. Copyright © 2025 Veritone, Inc. All rights reserved. 9 Copyright © 2025 Veritone, Inc. All rights reserved. Trademarks are the property of their respective owners.
Slide 10: Problems we solve
Problems we solve Data rich, Restricted AI insight poor ecosystems Organizations struggle to manage Legacy technology is not and leverage vast amounts of designed to efficiently unstructured data—audio, video, integrate, process, and analyze and text – and how to activate it. large amounts of divers
Slide 11: Commercial Enterprise
Our AI applications and custom-built SELECT CUSTOMERS Commercial Enterprise AI solutions unlock tremendous value for commercial enterprise. Veritone enables enterprises to leverage AI to transform workflows and unlock value across functions in many industries through both pre-built AI applications a
Slide 12: Public Sector
AI-powered solutions to help government SELECT CUSTOMERS Public Sector agencies and law enforcement to automate processes, enhance compliance, and improve operational efficiency. Veritone’s public sector offerings can greatly accelerate workflows for law enforcement, government, and public safety ag
Slide 13: Veritone Data Refinery
Transform data. Power Veritone Data Refinery Intelligence. Meet Veritone Data Refinery (VDR). Designed to help enterprises transform vast amounts of unstructured data into high-quality, AI-ready assets. Through aiWARE’s advanced capabilities, VDR transforms disparate data silos into a centralized an
Slide 14: Premium training data is essential
Premium training data is essential. Veritone Data Refinery As AI models’ data needs advance from Text, to Images, to Audio & Video, Veritone is uniquely and strategically positioned to capitalize on this audio and video market demand. Veritone aiWARE* TEXT IMAGE VIDEO 862 500B-1T Tokens 1B+ Images 1
Slide 15: Significant revenue opportunities
Significant revenue opportunities. Veritone Data Refinery $17B Training Data Market1 Potential Veritone Revenue Opportunity2 $60M $17.04 $40M $2.6 $10-20M 2025 2024 2026 2027 1Sources: https://www.fortunebusinessinsights.com/ai-training-dataset-market-109241 https://www.grandviewresearch.com/industr
Slide 16: The depth, breadth and experience to win
The depth, Veritone Data Refinery breadth and experience to win. For over ten years, Veritone has successfully transformed unstructured data, including licensing, monetization and management of IP rights, for over 3,200 customers in the commercial and public sectors. Logos represent existing Veriton
Slide 17: Veritone's Growth Drivers
Veritone’s Growth Drivers Unlock the potential of Capitalize on data & Harness expanding existing customers integration capabilities market opportunity • Showcase expanding market • Deliver product ecosystem • Expand our offerings to meet applications of solutions across designed to drive operationa
Slide 18: Recent Business Highlights
Recent Business Highlights Announced Agreement with Note and Debt Holders Nov to Pay Down 100% of its Senior Secured Term Debt and Approximately 50% of its Convertible Notes Veritone Adds ESPN Audio Content to NCAA 6 Sept Championships Licensing Immediately following the repayment we expect to (i) h
Slide 19: Earnings Results Snapshot
Earnings Financials Results $29.1M 3Q25 Total Revenue $22.8M 3Q25 Software Products & $36.2M Cash & Cash Equivalents2 Snapshot (+32.4% YoY) Services Revenue (+55.5% YoY) KPIs Key indicators in 3Q251 3,021 $68.8M >90% 3Q25 Total Software 3Q25 Annual 3Q25 Gross Revenue Products & Services Recurring Re
Slide 20: Financial Update
Financial Update Copyright © 2025 Veritone, Inc. All rights reserved.
Slide 21: 3Q25 Financial Highlights
3Q25 Financial Highlights $ in Millions QUARTERLY REVENUE ANNUAL RECURRING REVENUE (ARR) $68.8 $29.1 $22.4 $22.5 $24.0 $63.3 $22.0 $62.6 $58.8 $58.7 3Q24 4Q24 1Q25 2Q25 3Q25 3Q24 4Q24 1Q25 2Q25 3Q25 Total Software Products & Gross Revenue Retention(1) Revenue CAGR (2017-2025E)(2) Services Customers(
Slide 22: Quarterly Key Performance Indicators
Quarterly Key Performance Indicators Three Months Ended Three Months Ended Percent Change September 30, 2025 September 30, 2024 $ in Thousands Revenue $29,118 $21,993 32.4% Loss from Operations $(15,802) $(22,492) (29.7)% Net Loss $(26,880) $(21,746) 23.6% Gross Profit $18,709 $14,655 27.7% Non-GAAP
Slide 23: Diverse Revenue Mix
Diverse Revenue Mix SaaS and consumption-based sales model provides earnings stability and flexibility to contract with companies of various sizes and preferences across industries. $ in Millions Annual Recurring Revenue (SaaS) Annual Recurring Revenue (Consumption) SaaS Revenue as % of Total ARR 9%
Slide 24: Software Products & Services
Software Products & Services 3Q HIGHLIGHTS REVENUE PERFORMANCE $ in Millions • Software Products & 25.0 Services Revenue of $22.8 $22.9 million $2.0 20.0 • Total ARR (SaaS and $17.5 Consumption) of $68.8 $15.5 $2.1 $14.7 $14.5 million from 3,021 Total 15.0 $1.4 $1.6 $1.3 Software Products & Services
Slide 25: Managed Services
Managed Services 3Q HIGHLIGHTS REVENUE PERFORMANCE $ in Millions • Managed Services Revenue of $6.3 million $7.3 $6.3 $4.6 $4.8 $2.7 $1.5 3Q24 3Q25 3Q25 YoY Change Licensing 4% Representation Services (44)% Copyright © 2025 Veritone, Inc. All rights reserved. 25
Slide 26: Balance Sheet Summary
Balance Sheet Summary Three Months Ended Three Months Ended September 30, 2025 December 31, 2024 $ in Thousands Cash and Cash Equivalents $36,233 $16,911 Current Assets $84,709 $59,406 Total Assets $200,221 $198,060 Current Liabilities $64,656 $60,957 Total Liabilities 184,203 $184,608 Stockholders’
Slide 27: Appendix
Appendix Copyright © 2025 Veritone, Inc. All rights reserved.
Slide 28: Outlook
Outlook Revenue and Non-GAAP Net Loss $ in Thousands FY25 E 4Q25 E Revenue $109.0M – $115.0M $33.4M – $39.4M 1 Non-GAAP Net Loss $(31.6)M – $(26.0)M $(5.0)M – $(1.5)M (1) See Appendix for reconciliation of Non-GAAP Net Loss to Net Loss. Copyright © 2025 Veritone, Inc. All rights reserved. 28
Slide 29: Quarterly GAAP to Non-GAAP Reconciliation (Unaudited)
Quarterly GAAP to Non-GAAP Reconciliation (Unaudited) Three Months Ended Three Months Ended $ in Thousands September 30, 2024 September 30, 2025 Net loss $ (21,746) $ (26,880) Net income from discontinued operations, net of income taxes (765) — Interest expense, net 2,987 2,908 Income taxes (2,575)
Slide 30: Reconciliation of GAAP Net Income from Discontinued Operations to Non-GAAP
Reconciliation of GAAP Net Income from Discontinued Operations to Non-GAAP Net Income from Discontinued Operations (Unaudited) Three Months Ended $ in Thousands September 30, 2024 Net income from discontinued operations, net of income taxes $ 765 Interest expense, net 1,699 Income taxes 26 Depreciat
Slide 31: Reconciliation of Expected Non-GAAP Net Loss Range to Expected GAAP Net Loss Range
Reconciliation of Expected Non-GAAP Net Loss Range to Expected GAAP Net Loss Range (Unaudited) Three Months Ending Year Ending $ in Millions December 31, 2025 December 31, 2025 Net loss $(18.7) to $(13.3) $(93.2) to $(85.7) Interest expense, net $2.9 $11.9 Income taxes $(0.2) $0.1 Depreciation and
Slide 32: Quarterly Reconciliation of GAAP Gross Profit to Non-GAAP Gross Profit
Quarterly Reconciliation of GAAP Gross Profit to Non-GAAP Gross Profit Three Months Ended: Three Months Ended: September 30, 2025 September 30, 2024 $ in Thousands Revenues $29,118 $21,993 Operating expenses: Cost of revenue (exclusive of depreciation and $8,567 $6,325 amortization) Depreciation and
Slide 33: Third Quarter 2025 Revenue Summary
Third Quarter 2025 Revenue Summary 3Q25 CHANGE $ in Thousands 3Q24 3Q25 Q/Q Y/Y Commercial Enterprise Software Products & Services $13,098 $20,865 36% 59% Managed Services $7,299 $6,271 (4)% (14)% Subtotal $20,397 $27,136 24% 33% Public Sector Software Products & Services $1,596 $1,982 (7)% 24% Mana
Slide 34: Supplemental Financial Information
Supplemental Financial Information Our customer composition is diverse and includes various segments across our verticals, each with different purchasing trends and pricing models. In order to provide enhanced visibility into our growth composition and broad customer base, we have added ARR as a key
Slide 35: Thank you.
Thank you. Copyright © 2025 Veritone, Inc. All rights reserved.