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Side-by-side financial comparison of PETMED EXPRESS INC (PETS) and Veritone, Inc. (VERI). Click either name above to swap in a different company.
PETMED EXPRESS INC is the larger business by last-quarter revenue ($40.7M vs $26.6M, roughly 1.5× Veritone, Inc.). PETMED EXPRESS INC runs the higher net margin — -26.0% vs -109.8%, a 83.8% gap on every dollar of revenue. On growth, Veritone, Inc. posted the faster year-over-year revenue change (21.1% vs -23.3%). PETMED EXPRESS INC produced more free cash flow last quarter ($-9.2M vs $-17.1M). Over the past eight quarters, Veritone, Inc.'s revenue compounded faster (39.0% CAGR vs -20.9%).
PetMed Express, Inc., also known as PetMeds, is an online pet pharmacy based in the United States. It is publicly traded and sells prescription and non-prescription pet medication.
Veritone, Inc. is an American artificial intelligence technology company based in Irvine, California founded in 2014. It serves a variety of industries including media, professional sports teams, federal government agencies, energy utilities, and state and local police departments.
PETS vs VERI — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $40.7M | $26.6M |
| Net Profit | $-10.6M | $-29.2M |
| Gross Margin | 23.3% | — |
| Operating Margin | -25.7% | -68.2% |
| Net Margin | -26.0% | -109.8% |
| Revenue YoY | -23.3% | 21.1% |
| Net Profit YoY | -1392.6% | -34.5% |
| EPS (diluted) | $-0.50 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $40.7M | — | ||
| Q3 25 | $44.4M | $26.6M | ||
| Q2 25 | $51.2M | $23.2M | ||
| Q1 25 | $50.8M | $22.5M | ||
| Q4 24 | $52.0M | $22.4M | ||
| Q3 24 | $58.0M | $22.0M | ||
| Q2 24 | $66.2M | $24.1M | ||
| Q1 24 | $65.1M | $24.2M |
| Q4 25 | $-10.6M | — | ||
| Q3 25 | $-8.5M | $-29.2M | ||
| Q2 25 | $-34.2M | $-26.5M | ||
| Q1 25 | $-11.6M | $-19.9M | ||
| Q4 24 | $-707.0K | $31.8M | ||
| Q3 24 | $2.3M | $-21.7M | ||
| Q2 24 | $3.8M | $-22.2M | ||
| Q1 24 | $-5.0M | $-25.2M |
| Q4 25 | 23.3% | — | ||
| Q3 25 | 28.0% | — | ||
| Q2 25 | 28.1% | 72.6% | ||
| Q1 25 | 29.9% | — | ||
| Q4 24 | 31.0% | — | ||
| Q3 24 | 32.3% | 71.2% | ||
| Q2 24 | 28.8% | 72.6% | ||
| Q1 24 | 29.3% | 70.8% |
| Q4 25 | -25.7% | — | ||
| Q3 25 | -18.9% | -68.2% | ||
| Q2 25 | -66.7% | -82.0% | ||
| Q1 25 | -11.9% | -96.3% | ||
| Q4 24 | -0.9% | -93.8% | ||
| Q3 24 | 1.0% | -102.3% | ||
| Q2 24 | 6.6% | -84.4% | ||
| Q1 24 | -5.9% | -100.9% |
| Q4 25 | -26.0% | — | ||
| Q3 25 | -19.2% | -109.8% | ||
| Q2 25 | -66.7% | -114.2% | ||
| Q1 25 | -22.9% | -88.5% | ||
| Q4 24 | -1.4% | 141.7% | ||
| Q3 24 | 4.0% | -98.9% | ||
| Q2 24 | 5.7% | -92.4% | ||
| Q1 24 | -7.7% | -104.3% |
| Q4 25 | $-0.50 | — | ||
| Q3 25 | $-0.41 | — | ||
| Q2 25 | $-1.65 | $-0.53 | ||
| Q1 25 | $-0.56 | $-0.41 | ||
| Q4 24 | $-0.03 | $0.85 | ||
| Q3 24 | $0.11 | $-0.57 | ||
| Q2 24 | $0.18 | $-0.59 | ||
| Q1 24 | $-0.24 | $-0.67 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $26.9M | $36.2M |
| Total DebtLower is stronger | — | $35.4M |
| Stockholders' EquityBook value | $32.8M | $15.5M |
| Total Assets | $88.0M | $198.6M |
| Debt / EquityLower = less leverage | — | 2.28× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.9M | — | ||
| Q3 25 | $36.1M | $36.2M | ||
| Q2 25 | $41.1M | $13.6M | ||
| Q1 25 | $54.7M | $16.1M | ||
| Q4 24 | $50.1M | $16.9M | ||
| Q3 24 | $52.0M | $11.4M | ||
| Q2 24 | $46.0M | $46.0M | ||
| Q1 24 | $55.3M | $90.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | $35.4M | ||
| Q2 25 | — | $37.3M | ||
| Q1 25 | — | $39.2M | ||
| Q4 24 | — | $41.2M | ||
| Q3 24 | — | $73.6M | ||
| Q2 24 | — | $75.6M | ||
| Q1 24 | — | $77.5M |
| Q4 25 | $32.8M | — | ||
| Q3 25 | $43.1M | $15.5M | ||
| Q2 25 | $51.5M | $3.5M | ||
| Q1 25 | $85.1M | $14.8M | ||
| Q4 24 | $96.2M | $13.5M | ||
| Q3 24 | $96.4M | $-25.2M | ||
| Q2 24 | $93.5M | $-5.7M | ||
| Q1 24 | $96.7M | $14.9M |
| Q4 25 | $88.0M | — | ||
| Q3 25 | $100.3M | $198.6M | ||
| Q2 25 | $109.8M | $188.1M | ||
| Q1 25 | $148.7M | $199.6M | ||
| Q4 24 | $144.8M | $198.1M | ||
| Q3 24 | $146.0M | $336.4M | ||
| Q2 24 | $152.7M | $321.8M | ||
| Q1 24 | $169.9M | $359.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | 2.28× | ||
| Q2 25 | — | 10.71× | ||
| Q1 25 | — | 2.66× | ||
| Q4 24 | — | 3.06× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 5.21× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-9.2M | $-15.9M |
| Free Cash FlowOCF − Capex | $-9.2M | $-17.1M |
| FCF MarginFCF / Revenue | -22.7% | -64.2% |
| Capex IntensityCapex / Revenue | 0.1% | 4.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-23.0M | $-46.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.2M | — | ||
| Q3 25 | $-2.2M | $-15.9M | ||
| Q2 25 | $-12.3M | $-8.2M | ||
| Q1 25 | $7.0M | $-17.0M | ||
| Q4 24 | $-1.2M | $-500.0K | ||
| Q3 24 | $7.4M | $3.6M | ||
| Q2 24 | $-8.5M | $-42.7M | ||
| Q1 24 | $7.1M | $14.9M |
| Q4 25 | $-9.2M | — | ||
| Q3 25 | $-4.8M | $-17.1M | ||
| Q2 25 | $-13.6M | $-9.2M | ||
| Q1 25 | $4.6M | $-18.4M | ||
| Q4 24 | $-1.9M | $-1.7M | ||
| Q3 24 | $6.1M | $1.9M | ||
| Q2 24 | $-9.2M | $-44.1M | ||
| Q1 24 | $5.9M | $13.1M |
| Q4 25 | -22.7% | — | ||
| Q3 25 | -10.8% | -64.2% | ||
| Q2 25 | -26.5% | -39.6% | ||
| Q1 25 | 9.1% | -81.9% | ||
| Q4 24 | -3.7% | -7.4% | ||
| Q3 24 | 10.6% | 8.6% | ||
| Q2 24 | -13.9% | -183.4% | ||
| Q1 24 | 9.0% | 54.2% |
| Q4 25 | 0.1% | — | ||
| Q3 25 | 5.9% | 4.6% | ||
| Q2 25 | 2.5% | 4.1% | ||
| Q1 25 | 4.7% | 6.0% | ||
| Q4 24 | 1.5% | 5.2% | ||
| Q3 24 | 2.2% | 7.7% | ||
| Q2 24 | 1.0% | 5.9% | ||
| Q1 24 | 1.9% | 7.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -0.02× | ||
| Q3 24 | 3.18× | — | ||
| Q2 24 | -2.27× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PETS
| Reorder | $34.0M | 84% |
| New Order | $5.0M | 12% |
| Membership Fees | $1.6M | 4% |
VERI
| Software Products And Services | $20.9M | 78% |
| Other | $2.3M | 9% |
| Public Sector | $2.0M | 7% |
| Representation Services | $1.5M | 6% |
