SOUNDHOUND AI, INC.
SOUNDHOUND AI, INC.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 203 | 216 | 248 | 269 | 230 | 246 | 198 | 136 | 200 | 212 | 95 | 96 | |||||
Accounts Receivable Net | 27 | 30 | 32 | 22 | 20 | 20 | 23 | 14 | 5 | 7 | 4 | 3 | |||||
Prepaid Expense Current | - | - | - | - | - | - | - | - | - | - | 1 | 2 | |||||
Other Assets Current | 12 | 10 | 10 | 12 | 10 | 8 | 7 | 7 | 4 | 3 | 2 | 1 | |||||
Contract With Customer Asset Net Current | - | - | - | - | - | - | - | - | - | - | 12 | 6 | |||||
Assets Current | 277 | 289 | 329 | 335 | 282 | 295 | 256 | 181 | 224 | 234 | 114 | 109 | |||||
Restricted Cash And Cash Equivalents Noncurrent | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 14 | 14 | 14 | |||||
Operating Lease Right Of Use Asset | 5 | 6 | 4 | 4 | 4 | 5 | 5 | 4 | 4 | 5 | 5 | 6 | |||||
Property Plant And Equipment And Finance Lease Rig… | - | 3 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 2 | |||||
Goodwill | 122 | 122 | 122 | 122 | 101 | 101 | 102 | 112 | 6 | 6 | 0 | - | |||||
Intangible Assets Net Excluding Goodwill | 190 | 172 | 181 | 191 | 160 | 167 | 175 | 183 | 13 | 12 | 0 | - | |||||
Deferred Income Tax Assets Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Contract With Customer Asset Net Noncurrent | 48 | 34 | 30 | 29 | 24 | 12 | 13 | 15 | 16 | 15 | 16 | 13 | |||||
Other Assets Noncurrent | 22 | 18 | 18 | 16 | 6 | 5 | 2 | 3 | 1 | 1 | 1 | 1 | |||||
Assets | 668 | 645 | 688 | 702 | 579 | 588 | 554 | 500 | 267 | 287 | 151 | 144 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 8 | 8 | 11 | 7 | 10 | 7 | 6 | 18 | 4 | 3 | 2 | 2 | |||||
Accrued Liabilities Current | 31 | 29 | 26 | 28 | 19 | 18 | 26 | 23 | 13 | 15 | 14 | 11 | |||||
Operating Lease Liability Current | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | |||||
Finance Lease Liability Current | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Taxes Payable Current | 4 | 3 | 3 | 2 | 3 | 2 | 3 | 3 | 2 | 2 | 2 | 1 | |||||
Contract With Customer Liability Current | 24 | 29 | 24 | 21 | 24 | 27 | 24 | 20 | 3 | 4 | 4 | 4 | |||||
Long Term Debt Current | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Notes Payable To Bank Current | - | - | - | - | - | - | - | - | - | - | 0 | - | |||||
Business Combination Contingent Consideration Liab… | 0 | 0 | 4 | 3 | - | - | 0 | - | - | - | - | - | |||||
Other Liabilities Current | 2 | 2 | 2 | 1 | 0 | 4 | 7 | 5 | 1 | - | 0 | - | |||||
Liabilities Current | 71 | 73 | 72 | 65 | 58 | 60 | 68 | 70 | 26 | 26 | 24 | 21 | |||||
Operating Lease Liability Noncurrent | 3 | 3 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | |||||
Finance Lease Liability Noncurrent | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Long Term Debt Noncurrent | - | - | - | - | - | - | 0 | 40 | 0 | 86 | 84 | 83 | |||||
Contract With Customer Liability Noncurrent | 5 | 7 | 8 | 8 | 6 | 8 | 7 | 8 | 4 | 4 | 5 | 4 | |||||
Long Term Notes Payable | - | - | - | - | - | - | - | - | - | - | 84 | - | |||||
Business Combination Contingent Consideration Liab… | 84 | 87 | 129 | 215 | 142 | 113 | 287 | 74 | 4 | 7 | 0 | - | |||||
Deferred Income Tax Liabilities Net | 1 | 1 | 1 | - | - | - | 0 | - | - | - | - | - | |||||
Accrued Income Taxes Noncurrent | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 5 | 2 | 2 | 2 | - | |||||
Other Liabilities Noncurrent | 11 | 10 | 10 | 10 | 8 | 4 | 4 | 5 | 5 | 5 | 4 | 6 | |||||
Liabilities | 177 | 184 | 224 | 303 | 220 | 191 | 371 | 204 | 43 | 132 | 123 | 118 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 14 | 14 | |||||
Additional Paid In Capital | 1,515 | 1,443 | 1,421 | 1,396 | 1,247 | 1,210 | 1,125 | 980 | 886 | 779 | 606 | 586 | |||||
Retained Earnings Accumulated Deficit | -1,025 | -982 | -957 | -997 | -888 | -813 | -943 | -684 | -663 | -625 | -592 | -574 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Stockholders Equity | 490 | 461 | 464 | 399 | 360 | 397 | 183 | 296 | 224 | 155 | 28 | 26 | |||||
Liabilities And Stockholders Equity | 668 | 645 | 688 | 702 | 579 | 588 | 554 | 500 | 267 | 287 | 151 | 144 | |||||
Common Class A | - | 400 | 0 | -67 | 86 | 369 | 0 | 21 | 26 | 289 | 0 | 15 | |||||
Common Class B | - | 33 | 0 | 0 | 0 | 33 | 0 | 0 | 0 | 33 | 0 | -1 | |||||
Allowance For Doubtful Accounts Receivable Current | 3 | 3 | 2 | 3 | 2 | 2 | 1 | 2 | 0 | 0 | 0 | - | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Liquidation Preference Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 16 | 16 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -12.54% | -22.49% | -27.46% | - | - | - | - | - | - | - | - | - |
| 2025 | -8.17% | 0.73% | -8.17% | -10.31% | 12.26% | 10.82% | -11.45% | -26.44% | -41.29% | -31.55% | -4.99% | -5.22% |
| 2024 | -0.79% | -22.40% | 0.59% | 0.41% | -1.85% | 6.37% | 98.54% | 172.75% | 87.17% | -14.29% | 9.95% | 18.38% |
| 2023 | - | - | - | 29.90% | 3.61% | -19.07% | -5.83% | -10.76% | -23.77% | 1.74% | -41.18% | -16.32% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 3.91 | 3.94 | 4.59 | 5.15 | 4.84 | 4.92 | 3.77 | 2.58 | 8.77 | 8.84 | 4.69 | 5.11 | |||||
| Quick Ratio | 3.91 | 3.94 | 4.59 | 5.15 | 4.84 | 4.92 | 3.77 | 2.58 | 8.77 | 8.84 | 4.65 | 5.00 | |||||
| Working Capital | 206.17M | 215.52M | 257.39M | 270.23M | 223.73M | 235.02M | 187.78M | 111.03M | 198.52M | 207.55M | 89.32M | 87.97M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.36 | 0.40 | 0.48 | 0.76 | 0.61 | 0.48 | 2.03 | 0.69 | 0.19 | 0.85 | 4.37 | 4.55 | |||||
| Interest Coverage TTM | -349.97 | -343.95 | -34.73 | -173.05 | -85.33 | -27.41 | -28.05 | -5.92 | -3.75 | -3.25 | -3.90 | -6.41 | |||||
| Debt Ratio | 0.27 | 0.29 | 0.33 | 0.43 | 0.38 | 0.32 | 0.67 | 0.41 | 0.16 | 0.46 | 0.81 | 0.82 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.33 | 0.30 | 0.27 | 0.25 | 0.31 | 0.23 | 0.24 | 0.21 | 0.26 | 0.28 | 0.49 | 0.37 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.31 | -0.39 | -0.03 | -0.76 | -0.56 | -0.45 | -1.04 | -0.30 | -0.32 | -0.33 | -0.39 | -0.42 | |||||
| Free Cash Flow Per Share TTM | -0.25 | -0.25 | -0.24 | -0.22 | -0.23 | -0.27 | -0.32 | -0.25 | -0.23 | -0.27 | -0.30 | -0.31 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 42.29% | 40.59% | 42.36% | 39.75% | 40.52% | 44.09% | 48.86% | 60.68% | 69.08% | 72.42% | 75.35% | 73.45% | |||||
| Operating Profit Margin TTM | -68.55% | -94.59% | -13.78% | -217.59% | -183.18% | -180.70% | -403.05% | -143.65% | -139.60% | -141.71% | -149.56% | -222.80% | |||||
| Net Profit Margin TTM | -67.45% | -91.84% | -8.29% | -210.68% | -171.28% | -183.65% | -414.06% | -162.28% | -194.07% | -186.20% | -193.88% | -268.64% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 54.58% | 79.98% | 99.45% | 120.52% | 136.97% | 101.39% | 84.62% | 76.05% | 53.47% | 51.31% | 47.36% | -1.47% | |||||
| Net Income Growth (1Y) | -39.12% | -10.00% | -96.01% | 186.30% | 109.13% | 98.63% | 294.30% | 6.35% | -4.36% | -20.60% | -23.80% | -31.74% | |||||
| EPS Growth (1Y) | -43.42% | -15.89% | -96.67% | 151.79% | 73.44% | 44.53% | 167.09% | -28.58% | -36.37% | -43.18% | -47.71% | -44.44% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -20.32 | -17.14 | -288.59 | -21.07 | -19.07 | -17.04 | -19.15 | -15.38 | -12.18 | -17.86 | -5.47 | -4.74 | |||||
| P/B TTM | 5.68 | 6.29 | 8.72 | 16.50 | 11.93 | 8.06 | 36.76 | 5.67 | 5.85 | 10.86 | 17.26 | 18.76 | |||||
| P/S TTM | 13.71 | 15.74 | 23.93 | 44.40 | 32.66 | 31.29 | 79.29 | 24.96 | 23.63 | 33.26 | 10.60 | 12.73 | |||||
| Market Cap | 2.79B | 2.90B | 4.04B | 6.59B | 4.29B | 3.20B | 6.72B | 1.68B | 1.31B | 1.69B | 486.04M | 486.46M | |||||
| Enterprise Value | 2.58B | 2.68B | 3.79B | 6.32B | 4.06B | 2.95B | 6.52B | 1.58B | 1.11B | 1.55B | 475.21M | 459.99M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -108.73M | -106.50M | -99.12M | -90.72M | -93.43M | -106.82M | -109.52M | -90.24M | -74.94M | -76.15M | -68.66M | -75.28M | |||||
| Net Debt | -203.45M | -216.03M | -248.83M | -269.55M | -231.24M | -246.45M | -198.87M | -96.65M | -200.90M | -140.46M | -10.83M | -26.48M | |||||
Per-Share and Margin | |||||||||||||||||
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| Adjusted EPS TTM | |||||||||||||||||
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| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
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| Dividends Paid Growth (1Y) | |||||||||||||||||
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| EPS Growth (3Y) | |||||||||||||||||
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| Net Income Growth (3Y) | |||||||||||||||||
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| Net Profit Margin Growth (1Y) | |||||||||||||||||
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| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
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| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
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| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
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| Accrued to Current Liabilities | |||||||||||||||||
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Valuation Ratios | |||||||||||||||||
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| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
SOUNDHOUND AI, INC. (SOUN) — SEC Financial Statements & Analysis
SOUNDHOUND AI, INC. (SOUN) is a services-prepackaged software company, incorporated in DE. SOUNDHOUND AI, INC. trades on Nasdaq as: SOUN, SOUNW. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), SOUNDHOUND AI, INC. reported a 54.58% year-over-year revenue growth, a Gross Profit Margin of 42.29% (TTM), a Debt-to-Equity ratio of 0.36x, a Price-to-Sales (P/S) ratio of 13.71x (TTM), a Price-to-Book (P/B) ratio of 5.68x (TTM), at a market cap of $2.79B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 54.58%
- Gross Profit Margin TTM
- 42.29%
- Debt To Equity
- 0.36x
- P/S TTM
- 13.71x
- P/B TTM
- 5.68x
- Market Cap
- $2.79B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is SOUNDHOUND AI, INC. in?
SOUNDHOUND AI, INC. (SOUN) operates in the Services-Prepackaged Software industry.
What is SOUN's market cap?
SOUNDHOUND AI, INC. (SOUN) has a market capitalization of $2.79B as of 2026-06-30.
What exchange does SOUN trade on?
SOUNDHOUND AI, INC. (SOUN) trades on the Nasdaq.
Where is SOUNDHOUND AI, INC. incorporated?
SOUNDHOUND AI, INC. is incorporated in DE.