Veritone annual gross margin
2016
2017
2018
2019
Veritone Gross Margin Growth & History (VERI)
Veritone's gross margin was 65.18% for fiscal 2019.
View full Veritone company overviewVeritone annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2019 | 2019-12-31 | 65.18% | −10.87 pp |
| 2018 | 2018-12-31 | 76.05% | −16.53 pp |
| 2017 | 2017-12-31 | 92.58% | +10.27 pp |
| 2016 | 2017-01-04 | 82.30% | — |
Veritone quarterly gross margin
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2020 | 2020-09-30 | 71.03% | +3.80 pp |
| Q2 2020 | 2020-06-30 | 67.40% | +4.58 pp |
| Q1 2020 | 2020-03-31 | 67.99% | −0.08 pp |
| Q4 2019 | 2019-12-31 | 62.57% | −5.22 pp |
| Q3 2019 | 2019-09-30 | 67.23% | −11.96 pp |
| Q2 2019 | 2019-06-30 | 62.82% | −17.51 pp |
| Q1 2019 | 2019-03-31 | 68.07% | −19.08 pp |
| Q4 2018 | 2018-12-31 | 67.80% | −25.17 pp |
| Q3 2018 | 2018-09-30 | 79.19% | −12.96 pp |
| Q2 2018 | 2018-06-30 | 80.33% | −11.45 pp |
| Q1 2018 | 2018-03-31 | 87.15% | −6.55 pp |
| Q4 2017 | 2017-12-31 | 92.97% | +13.34 pp |
| Q3 2017 | 2017-09-30 | 92.15% | +11.45 pp |
| Q2 2017 | 2017-06-30 | 91.78% | +6.65 pp |
| Q1 2017 | 2017-03-31 | 93.69% | +9.11 pp |
| Q4 2016 | 2017-01-04 | 79.62% | — |
| Q3 2016 | 2016-09-30 | 80.70% | — |
| Q2 2016 | 2016-06-30 | 85.13% | — |
| Q1 2016 | 2016-03-31 | 84.59% | — |
Veritone gross margin trends
Across the available reported history, Veritone's gross margin decreased from 76.05% to 65.18%, a change of −10.87 percentage points. The latest reported quarter, Q3 2020, shows 71.03%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Veritone filings at SEC.gov ↗