SOUN Q3 2022 Earnings — SoundHound AI, Inc. Revenue & Financial Results | Market Cap Arena

SOUNSoundHound AI, Inc.

$3B

Q3 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$11M+177.7% YoY

Gross Profit

$9M76.9% margin

Operating Income

-$27M-242.0% margin

Net Income

-$30M-268.7% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

+81.8%

Cash Flow

Operating Cash Flow

-$27M

Free Cash Flow

-$27M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$64M

Total Liabilities

$78M

Stockholders' Equity

-$14M

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11M	$4M	+177.7%
Gross Profit	$9M	$2M	+262.8%
Operating Income	-$27M	-$17M	-57.7%
Net Income	-$30M	-$24M	-26.4%

Revenue Segments

Licensing

$5M49%

Hosted Services

$5M45%

Professional Service

$694,0006%

Geographic Segments

GSX KOREA

$6M51%

UNITED STATES

$3M24%

GERMANY

$1M10%

JAPAN

$925,0008%

FRANCE

$650,0006%

Other Countries

$136,0001%