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Side-by-side financial comparison of Valneva SE (VALN) and Veritone, Inc. (VERI). Click either name above to swap in a different company.
Valneva SE is the larger business by last-quarter revenue ($36.2M vs $26.6M, roughly 1.4× Veritone, Inc.). Valneva SE runs the higher net margin — -54.1% vs -109.8%, a 55.7% gap on every dollar of revenue.
Valneva SE is a specialty vaccine company registered in Saint-Herblain, France, developing, producing and commercializing vaccines for infectious diseases. It has manufacturing sites in Livingston, Scotland; Solna, Sweden, and Vienna, Austria; with other offices in France, Canada and the United States.
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.
VALN vs VERI — Head-to-Head
Income Statement — Q1 FY2023 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $36.2M | $26.6M |
| Net Profit | $-19.6M | $-29.2M |
| Gross Margin | 38.9% | — |
| Operating Margin | -49.5% | -68.2% |
| Net Margin | -54.1% | -109.8% |
| Revenue YoY | — | 21.1% |
| Net Profit YoY | — | -34.5% |
| EPS (diluted) | — | — |
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.
| Q3 25 | — | $26.6M | ||
| Q2 25 | — | $23.2M | ||
| Q1 25 | — | $22.5M | ||
| Q4 24 | — | $22.4M | ||
| Q3 24 | — | $22.0M | ||
| Q2 24 | — | $24.1M | ||
| Q1 24 | — | $24.2M | ||
| Q4 23 | — | $13.8M |
| Q3 25 | — | $-29.2M | ||
| Q2 25 | — | $-26.5M | ||
| Q1 25 | — | $-19.9M | ||
| Q4 24 | — | $31.8M | ||
| Q3 24 | — | $-21.7M | ||
| Q2 24 | — | $-22.2M | ||
| Q1 24 | — | $-25.2M | ||
| Q4 23 | — | $12.2M |
| Q3 25 | — | — | ||
| Q2 25 | — | 72.6% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 71.2% | ||
| Q2 24 | — | 72.6% | ||
| Q1 24 | — | 70.8% | ||
| Q4 23 | — | 51.7% |
| Q3 25 | — | -68.2% | ||
| Q2 25 | — | -82.0% | ||
| Q1 25 | — | -96.3% | ||
| Q4 24 | — | -93.8% | ||
| Q3 24 | — | -102.3% | ||
| Q2 24 | — | -84.4% | ||
| Q1 24 | — | -100.9% | ||
| Q4 23 | — | -164.0% |
| Q3 25 | — | -109.8% | ||
| Q2 25 | — | -114.2% | ||
| Q1 25 | — | -88.5% | ||
| Q4 24 | — | 141.7% | ||
| Q3 24 | — | -98.9% | ||
| Q2 24 | — | -92.4% | ||
| Q1 24 | — | -104.3% | ||
| Q4 23 | — | 88.3% |
| Q3 25 | — | — | ||
| Q2 25 | — | $-0.53 | ||
| Q1 25 | — | $-0.41 | ||
| Q4 24 | — | $0.85 | ||
| Q3 24 | — | $-0.57 | ||
| Q2 24 | — | $-0.59 | ||
| Q1 24 | — | $-0.67 | ||
| Q4 23 | — | $0.33 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $274.8M | $36.2M |
| Total DebtLower is stronger | — | $35.4M |
| Stockholders' EquityBook value | $221.2M | $15.5M |
| Total Assets | $637.2M | $198.6M |
| Debt / EquityLower = less leverage | — | 2.28× |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $36.2M | ||
| Q2 25 | — | $13.6M | ||
| Q1 25 | — | $16.1M | ||
| Q4 24 | — | $16.9M | ||
| Q3 24 | — | $11.4M | ||
| Q2 24 | — | $46.0M | ||
| Q1 24 | — | $90.7M | ||
| Q4 23 | — | $46.6M |
| 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 23 | — | $77.5M |
| Q3 25 | — | $15.5M | ||
| Q2 25 | — | $3.5M | ||
| Q1 25 | — | $14.8M | ||
| Q4 24 | — | $13.5M | ||
| Q3 24 | — | $-25.2M | ||
| Q2 24 | — | $-5.7M | ||
| Q1 24 | — | $14.9M | ||
| Q4 23 | — | $38.1M |
| Q3 25 | — | $198.6M | ||
| Q2 25 | — | $188.1M | ||
| Q1 25 | — | $199.6M | ||
| Q4 24 | — | $198.1M | ||
| Q3 24 | — | $336.4M | ||
| Q2 24 | — | $321.8M | ||
| Q1 24 | — | $359.6M | ||
| Q4 23 | — | $378.9M |
| Q3 25 | — | 2.28× | ||
| Q2 25 | — | 10.71× | ||
| Q1 25 | — | 2.66× | ||
| Q4 24 | — | 3.06× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 5.21× | ||
| Q4 23 | — | 2.03× |
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 | $-26.3M | $-15.9M |
| Free Cash FlowOCF − Capex | — | $-17.1M |
| FCF MarginFCF / Revenue | — | -64.2% |
| Capex IntensityCapex / Revenue | — | 4.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-46.4M |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $-15.9M | ||
| Q2 25 | — | $-8.2M | ||
| Q1 25 | — | $-17.0M | ||
| Q4 24 | — | $-500.0K | ||
| Q3 24 | — | $3.6M | ||
| Q2 24 | — | $-42.7M | ||
| Q1 24 | — | $14.9M | ||
| Q4 23 | — | $-28.3M |
| Q3 25 | — | $-17.1M | ||
| Q2 25 | — | $-9.2M | ||
| Q1 25 | — | $-18.4M | ||
| Q4 24 | — | $-1.7M | ||
| Q3 24 | — | $1.9M | ||
| Q2 24 | — | $-44.1M | ||
| Q1 24 | — | $13.1M | ||
| Q4 23 | — | $-29.0M |
| Q3 25 | — | -64.2% | ||
| Q2 25 | — | -39.6% | ||
| Q1 25 | — | -81.9% | ||
| Q4 24 | — | -7.4% | ||
| Q3 24 | — | 8.6% | ||
| Q2 24 | — | -183.4% | ||
| Q1 24 | — | 54.2% | ||
| Q4 23 | — | -210.2% |
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | 4.1% | ||
| Q1 25 | — | 6.0% | ||
| Q4 24 | — | 5.2% | ||
| Q3 24 | — | 7.7% | ||
| Q2 24 | — | 5.9% | ||
| Q1 24 | — | 7.6% | ||
| Q4 23 | — | 4.9% |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -0.02× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | -2.33× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
VALN
Segment breakdown not available.
VERI
| Software Products And Services | $20.9M | 78% |
| Other | $2.3M | 9% |
| Public Sector | $2.0M | 7% |
| Representation Services | $1.5M | 6% |
