SOUN Q2 2022 Earnings — SoundHound AI, Inc. Revenue & Financial Results | Market Cap Arena

SOUNSoundHound AI, Inc.

$3B

Q2 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$6M-25.7% YoY

Gross Profit

$4M59.6% margin

Operating Income

-$29M-470.3% margin

Net Income

-$31M-498.5% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

+43.4%

Cash Flow

Operating Cash Flow

-$32M

Free Cash Flow

-$32M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$90M

Total Liabilities

$85M

Stockholders' Equity

$5M

Cash & Equivalents

$65M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6M	$8M	-25.7%
Gross Profit	$4M	$7M	-44.9%
Operating Income	-$29M	-$12M	-131.5%
Net Income	-$31M	-$15M	-109.3%