SOUNSoundHound AI, Inc.

$3B

FY 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$46M+47.4% YoY

Gross Profit

$35M75.4% margin

Operating Income

-$69M-149.6% margin

Net Income

-$89M-193.9% margin

EPS (Diluted)

$-0.40

Cash Flow

Operating Cash Flow

-$68M

Free Cash Flow

-$69M

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$151M

Total Liabilities

$123M

Stockholders' Equity

$28M

Cash & Equivalents

$95M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$46M	$31M	+47.4%
Gross Profit	$35M	$22M	+60.5%
Operating Income	-$69M	-$106M	+35.1%
Net Income	-$89M	-$117M	+23.8%

SOUN FY 2023 Earnings — SoundHound AI, Inc. Revenue & Financial Results | Market Cap Arena