SoundHound AI (SOUN)
Builds voice and agentic AI for restaurants, enterprises, vehicles, and connected devices.
$6.16
vs last close−0.01 (−0.16%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13 | 17 | 12 | 13 | 25 | 35 | 29 | 43 | 42 | 55 | 44 | 62 |
| Cost of revenue | 4 | 4 | 5 | 5 | 13 | 21 | 19 | 26 | 24 | 29 | 35 | 39 |
| Gross profit | 10 | 13 | 7 | 8 | 12 | 14 | 11 | 17 | 18 | 26 | 9 | 23 |
| 24 | 26 | 35 | 30 | 46 | 271 | −117 | 95 | 134 | −16 | 71 | 70 | |
| Research & development | 13 | 13 | 15 | 16 | 20 | 20 | 25 | 26 | 23 | 25 | 26 | 27 |
| 11 | 12 | 16 | 15 | 25 | 26 | 30 | 34 | 41 | 39 | 45 | 43 | |
| Selling & marketing | 4 | 4 | 6 | 6 | 8 | 10 | 12 | 16 | 16 | 17 | 19 | 0 |
| General & administrative | 7 | 8 | 10 | 9 | 17 | 16 | 18 | 18 | 24 | 21 | 26 | 43 |
| Other expenses | 0 | 1 | 5 | 0 | 1 | 224 | −173 | 35 | 70 | −80 | 0 | 0 |
| Operating income | −15 | −12 | −29 | −22 | −34 | −257 | 128 | −78 | −116 | 43 | −62 | −47 |
| −4 | −4 | −4 | −15 | 2 | −1 | 3 | 5 | 7 | 0 | 38 | 6 | |
| Interest income | 1 | 1 | 2 | 3 | 2 | 1 | 2 | 2 | 0 | 0 | 2 | 0 |
| Interest expense | 5 | 5 | 6 | 4 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | −1 | −1 | −1 | 11 | −3 | 0 | −3 | −5 | −7 | 0 | −38 | 0 |
| Income before tax | −19 | −16 | −33 | −37 | −32 | −258 | 131 | −73 | −109 | 42 | −24 | −41 |
| Income tax expense | 2 | 2 | 0 | 1 | −10 | 0 | 1 | 1 | 0 | 2 | 1 | 2 |
| Net income from continuing operations | −20 | −18 | −33 | −37 | −22 | −259 | 130 | −75 | −109 | 40 | −25 | −43 |
| Net income | −20 | −18 | −33 | −37 | −22 | −259 | 130 | −75 | −109 | 40 | −25 | −43 |
| EPS, basic | −$0.09 | −$0.07 | −$0.12 | −$0.11 | −$0.06 | −$0.69 | $0.33 | −$0.19 | −$0.27 | $0.10 | −$0.06 | −$0.10 |
| EPS, diluted | −$0.09 | −$0.07 | −$0.12 | −$0.11 | −$0.06 | −$0.69 | $0.31 | −$0.19 | −$0.27 | $0.10 | −$0.06 | −$0.10 |
| Weighted average shares, basic | 242 | 254 | 287 | 332 | 360 | 375 | 394 | 400 | 410 | 418 | 338 | 428 |
| Weighted average shares, diluted | 242 | 254 | 287 | 332 | 360 | 375 | 414 | 402 | 412 | 418 | 338 | 428 |
| EBITDA | −13 | −7 | −25 | −31 | −27 | −246 | 139 | −65 | −92 | 84 | −14 | −36 |
| Depreciation & amortization | 1 | 4 | 2 | 2 | 4 | 11 | 8 | 8 | 17 | 42 | 10 | 11 |
| EBIT | −13 | −11 | −27 | −33 | −31 | −257 | 131 | −73 | −109 | 42 | −24 | −47 |
