SOUN (SoundHound AI, Inc.) Stock Financials & Earnings

SOUNSoundHound AI, Inc.

Mkt Cap$3B

Technology·Software - Application·🇺🇸 United States·NASDAQ

Revenue (TTM)$169M

Net Income (TTM)-$14M

EPS (TTM)-$0.05

Free Cash Flow (TTM)-$77M

Gross Margin42.4%

Op. Margin-13.8%

Net Margin-8.3%

FCF Margin-45.5%

P/S Ratio (TTM)20.4x

P/E Ratio (TTM)—

YoY Rev Growth+99.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$7M	$5M	-$25M
Q2 23	$9M	$7M	-$16M
Q3 23	$13M	$10M	-$15M
Q4 23	$17M	$13M	-$12M
Q1 24	$12M	$7M	-$29M
Q2 24	$13M	$8M	-$22M
Q3 24	$25M	$12M	-$34M
Q4 24	$35M	$14M	-$257M
Q1 25	$29M	$11M	$128M
Q2 25	$43M	$17M	-$78M
Q3 25	$42M	$18M	-$116M
Q4 25	$55M	$26M	$43M

Revenue Breakdown

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$14M	$7M	$5M
Q2 23	$12M	$6M	$5M
Q3 23	$13M	$7M	$4M
Q4 23	$13M	$8M	$4M
Q1 24	$15M	$10M	$6M
Q2 24	$16M	$9M	$6M
Q3 24	$20M	$17M	$8M
Q4 24	$20M	$16M	$10M
Q1 25	$25M	$18M	$12M
Q2 25	$26M	$18M	$16M
Q3 25	$23M	$24M	$16M
Q4 25	$25M	$21M	$17M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 23	56.3%	-363.8%	-307.5
Q2 23	42.2%	-190.1%	-147.8
Q3 23	18.6%	-95.4%	-76.8
Q4 23	80.5%	-42.1%	38.4
Q1 24	72.9%	-214.2%	-141.4
Q2 24	53.8%	-227.4%	-173.6
Q3 24	89.1%	-108.4%	-19.3
Q4 24	101.5%	-713.4%	-611.9
Q1 25	151.2%	478.6%	629.8
Q2 25	217.1%	-151.8%	65.2
Q3 25	67.6%	-218.7%	-151.2
Q4 25	59.4%	153.0%	212.4

Revenue Segments

Quarter	Hosted Services	Licensing	Professional Service
Q1 23	$5M	$179K	$2M
Q2 23	$4M	$559K	$4M
Q3 23	$4M	$8M	$912K
Q4 23	$6M	$10M	$1M
Q1 24	$9M	$1M	$1M
Q2 24	$9M	$3M	$1M
Q3 24	$18M	$5M	$3M
Q1 25	$22M	$4M	$3M
Q2 25	$21M	$18M	$3M
Q3 25	$28M	$10M	$4M
Q4 25	$38M	$13M	$5M

Revenue by Geography

Quarter	France	Germany	Gsx Korea	Japan	Other Countries	United States	Korea, Republic Of	Ireland	China
Q1 23	$730K	$2M	$2M	$937K	$207K	$786K	—	—	—
Q2 23	$847K	$4M	$2M	$922K	$142K	$704K	—	—	—
Q3 23	$1M	$196K	$10M	$922K	$796K	$792K	—	—	—
Q4 23	$2M	$153K	$9M	$926K	$1M	$4M	—	—	—
Q1 24	$3M	—	—	$923K	$973K	$4M	$3M	—	—
Q2 24	$5M	$140K	—	$922K	$309K	$4M	$4M	—	—
Q3 24	$852K	$33K	—	—	$8M	$13M	$3M	—	—
Q4 24	$650K	$23K	—	$2M	$4M	$26M	$2M	—	—
Q1 25	$950K	—	—	—	$7M	$19M	$3M	—	—
Q2 25	$992K	—	—	—	$4M	$23M	$2M	$5M	$7M
Q3 25	$907K	—	$3M	—	$4M	$30M	—	—	$4M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$46M	$0	$46M
Q2 23	$116M	$0	$116M
Q3 23	$96M	$0	$96M
Q4 23	$95M	$0	$95M
Q1 24	$212M	$0	$212M
Q2 24	$200M	$0	$200M
Q3 24	$136M	$0	$136M
Q4 24	$198M	$0	$198M
Q1 25	$246M	$0	$246M
Q2 25	$230M	$0	$230M
Q3 25	$269M	$0	$269M
Q4 25	$248M	$0	$248M

Shares Outstanding

Revenue Per Employee

Revenue / Employee