SOUN Q4 2024 Earnings — SoundHound AI, Inc. Revenue & Financial Results | Market Cap Arena

SOUNSoundHound AI, Inc.

$3B

Q4 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$35M+101.5% YoY

Gross Profit

$14M39.9% margin

Operating Income

-$257M-744.2% margin

Net Income

-$259M-748.6% margin

EPS (Diluted)

$-0.69

QoQ Revenue Growth

+37.7%

Cash Flow

Operating Cash Flow

-$33M

Free Cash Flow

-$33M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$554M

Total Liabilities

$371M

Stockholders' Equity

$183M

Cash & Equivalents

$198M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$17M	+101.5%
Gross Profit	$14M	$13M	+4.1%
Operating Income	-$257M	-$12M	-1974.3%
Net Income	-$259M	-$18M	-1336.4%

Revenue Segments

Hosted Services

$31M64%

Licensing

$12M25%

Professional Service

$5M11%

Geographic Segments

UNITED STATES

$26M74%

Other Countries

$4M11%

KOREA, REPUBLIC OF

$2M7%

JAPAN

$2M6%

FRANCE

$650,0002%

GERMANY

$23,0000%