Company / R&D Expense
Veritone, Inc. R&D Expense History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$26.8M
FY2025
5-year range
$14.4M / $43.6M
FY2021-FY2025
Trend
-33.9%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 9 years, ranging from $8M in FY2017 to $44M in FY2023.
Based on SEC 10-K filings.
$27M in FY2025 with a 5-year CAGR of +3.3%.
Declined from $44M to $27M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +2.3%
- 5-Year CAGR
- +3.3%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +3.3%, indicating consistent growth.
- In FY2025, r&d expense decreased 33.9% year-over-year.
- Peak r&d expense was recorded in FY2023.
- Lowest r&d expense in the period was in FY2017.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -1.34 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $26.8M | -33.9% |
| FY2024 | $40.6M | -6.9% |
| FY2023 | $43.6M | +73.8% |
| FY2022 | $25.1M | +74.4% |
| FY2021 | $14.4M | -36.9% |
| FY2020 | $22.8M | +3.1% |
| FY2019 | $22.1M | +58.2% |
| FY2018 | $14.0M | +76.8% |
| FY2017 | $7.9M | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026