SoundHound AI (SOUN) Financial Statements & Analysis

SoundHound AI (SOUN) Income Statement

SoundHound AI reported revenue of $168.92M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 99.4% from $84.69M a year earlier. SoundHound AI posted a net loss of $14.01M, compared with a net loss of $351.10M a year earlier. Gross margin was 42.4% and operating margin -13.8%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $61.90M, up 45.0% from the same quarter a year earlier.

SoundHound AI Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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SoundHound AI, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	168.92	84.69	45.87	31.13	21.20	13.02	7.68
Cost of Revenue	97.37	43.31	11.31	9.60	6.59	5.86	4.52
Gross Profit	71.55	41.38	34.57	21.53	14.61	7.15	3.16
Operating Expenses
Research & Development	98.25	70.56	51.44	76.39	59.18	54.28	47.77
Selling, General & Administrative	137.83	75.50	46.08	50.81	20.76	18.88	19.97
Operating Expenses	94.82	382.74	103.17	127.20	79.94	73.16	67.74
Operating Income	-23.27	-341.35	-68.61	-105.67	-65.33	-66.00	-64.57
Other Income/Expense
Interest Income	9.80	8.37	2.87	0.39	0.01	0.17	0.92
Interest Expense	0.67	-12.17	-16.73	6.89	8.34	2.27	0.00
Other Income/Expense	14.00	-18.58	-16.42	-8.15	-13.76	-7.67	0.36
Income
Income Before Tax	-9.27	-359.93	-85.02	-113.82	-79.08	-73.67	-64.21
Income Tax Expense	4.73	-9.25	3.91	2.89	0.46	0.74	0.25
Net Income	-14.01	-351.10	-91.71	-116.71	-79.54	-74.41	-64.47
Net Income - Continuous Operations	-14.01	-350.68	-88.94	-116.71	-79.54	-74.41	-64.47
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	-146.27	-95.73	-60.64	-99.71	-61.65	-65.36	-59.90
EBIT	-180.40	-111.78	-62.95	-105.67	-70.74	-66.00	-
Depreciation & Amortization	15.87	16.05	2.31	7.23	9.09	6.04	4.67
Earnings Per Share
Basic EPS	-	-1.00	-	-1.00	-	-4.00	-6.00
Diluted EPS	-	-1.00	-	-1.00	-	-4.00	-6.00
Basic Shares Outstanding	405.42	338.46	229.26	157.32	200.03	17.46	11.60
Diluted Shares Outstanding	405.42	338.46	229.26	157.32	200.03	17.46	11.60

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About SoundHound AI Financial Statements

What was SoundHound AI's revenue in fiscal 2025?

SoundHound AI reported revenue of $168.92M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 99.4% from $84.69M a year earlier.

Is SoundHound AI profitable?

No. SoundHound AI reported a net loss of $14.01M in fiscal 2025. In fiscal 2024 it lost $351.10M.

What is SoundHound AI's operating margin?

SoundHound AI's operating income was −$23.27M on revenue of $168.92M in fiscal 2025, an operating margin of -13.8%, compared with -403.0% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition