SOUNDHOUND AI, INC.

SOUNDHOUND AI, INC. earnings

SOUN

22 quarterly earnings reports from Q1 FY2021 to Q2 FY2026: Summary, reported figures, guidance, risks and SaaS KPIs.

Quarterly reports

Q2 FY2026
Quarter ended Jun 2026

SoundHound AI reported record second-quarter fiscal 2026 revenue of $61.9 million, up 45.0% from the prior-year quarter. Year-to-date revenue reached $106.1 million, up 47.7%. The company credited enterprise demand for its OASYS agentic AI platform, which launched in May 2026, for the growth.

2 KPIs1 guidance items9 risks
$61.9M
Revenue · +45.0% YoY
Op. margin -70.0%
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Q1 FY2026
Quarter ended Mar 2026

SoundHound AI opened fiscal 2026 with revenue of $44.2 million, up 51.7% from the prior-year quarter. The company said revenue in its core automotive and IoT AI vertical rose 88% excluding all acquisitions, which points to demand beyond the deals it has closed.

3 KPIs3 guidance items9 risks
$44.2M
Revenue · +51.7% YoY
Op. margin -51.3%
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Q4 FY2025
Quarter ended Dec 2025

SoundHound AI closed fiscal 2025 with fourth quarter revenue of $55.1 million, up 59% from the prior-year quarter. Full-year revenue reached $168.9 million, up 99%. The company said acquisitions contributed to the annual increase in service subscription revenue.

1 KPIs1 guidance items14 risks
$55.1M
Revenue · +59.4% YoY
Op. margin 77.3%
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Q3 FY2025
Quarter ended Sep 2025

SoundHound AI reported third-quarter revenue of $42.0 million, up 67.6% from the prior-year quarter. Year-to-date revenue was $113.9 million, up 127.0%. The top line is growing quickly, but the GAAP bottom line remains under pressure.

10 KPIs1 guidance items6 risks
$42.0M
Revenue · +67.6% YoY
Op. margin -275.6%
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Q2 FY2025
Quarter ended Jun 2025

SoundHound AI reported record second quarter revenue of $42.68 million for FY2025 Q2, up 217.1% from the prior-year quarter. The top line benefited from service subscriptions and product royalties, with growth across automotive, enterprise, and restaurant businesses.

3 KPIs1 guidance items8 risks
$42.7M
Revenue · +217.1% YoY
Op. margin -182.9%
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Q1 FY2025
Quarter ended Mar 2025

SoundHound AI reported first quarter fiscal 2025 revenue of $29.1 million, up 151% from the prior-year quarter. Service subscriptions drove the top line, according to management, on the Amelia acquisition and growth in the Americas. Lower product royalty revenue in Asia partly offset that gain.

3 KPIs1 guidance items8 risks
$29.1M
Revenue · +151.2% YoY
Op. margin 439.8%
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Q4 FY2024
Quarter ended Dec 2024

SoundHound AI ended fiscal 2024 with sharp top-line growth. Fourth-quarter revenue was $34.5 million, up 101.5% from $17.1 million in the prior-year quarter. Full-year revenue reached $84.7 million, up 84.6% from $45.9 million.

3 KPIs1 guidance items14 risks
$34.5M
Revenue · +101.5% YoY
Op. margin -744.2%
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Q3 FY2024
Quarter ended Sep 2024

SoundHound AI closed fiscal 2024 third quarter with record revenue but deeper losses. Revenue reached $25.1 million in the quarter, up 89.1% from $13.3 million in the prior-year quarter. Year-to-date revenue was $50.15 million, up 74.6% from $28.73 million.

5 KPIs2 guidance items7 risks
$25.1M
Revenue · +89.1% YoY
Op. margin -134.6%
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Q2 FY2024
Quarter ended Jun 2024

SoundHound AI's fiscal 2024 second quarter revenue was $13.46 million, up 53.8% from $8.75 million in the prior-year quarter. Year-to-date revenue was $25.06 million, up 62.1% from $15.46 million.

4 KPIs2 guidance items8 risks
$13.5M
Revenue · +53.8% YoY
Op. margin -163.3%
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Q1 FY2024
Quarter ended Mar 2024

SoundHound AI opened fiscal 2024 with revenue of $11.6 million in the first quarter, up 73% from the prior-year quarter. The top line benefited from demand for voice AI subscriptions and customer service deployments.

5 KPIs1 guidance items9 risks
$11.6M
Revenue · +72.9% YoY
Op. margin -246.1%
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Q4 FY2023
Quarter ended Dec 2023

SoundHound AI ended fiscal 2023 with revenue of $17.15 million in the fourth quarter, up 80.5% from the prior-year quarter. Full-year revenue reached $45.87 million, up 47.4%. The company still lost money. Fourth-quarter operating loss narrowed 57.2% to $12.39 million. Net loss narrowed 41.7% to $18.00 million.

1 KPIs11 risks
$17.1M
Revenue · +80.5% YoY
Op. margin -72.3%
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Q3 FY2023
Quarter ended Sep 2023

SoundHound AI reported third quarter revenue of $13.3 million, up 18.6% from a year earlier. Executives called it a record quarter and pointed to a 52% sequential increase in the top line. Nine-month revenue came to $28.7 million, up 32.8%.

2 KPIs2 guidance items4 risks
$13.3M
Revenue · +18.6% YoY
Op. margin -109.5%
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Q2 FY2023
Quarter ended Jun 2023

SoundHound AI reported second-quarter fiscal 2023 revenue of $8.75 million, up 42.2% from the prior-year quarter. Year-to-date revenue reached $15.46 million, up 48.0% from the first half of fiscal 2022.

2 KPIs7 risks
$8.8M
Revenue · +42.3% YoY
Op. margin -187.8%
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Q1 FY2023
Quarter ended Mar 2023

SoundHound AI reported revenue of $6.71 million for the three months ended March 31, 2023, up 56.3% from $4.29 million in the prior-year quarter. The MD&A attributes the increase primarily to royalty revenue from Houndified Products in automotive vehicles, with notable strength in Korea, Germany, and France.

2 KPIs7 risks
$6.7M
Revenue
Op. margin -373.3%
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Q4 FY2022
Quarter ended Dec 2022

SoundHound AI ended fiscal 2022 with a sharp split between revenue growth and bottom-line losses. Q4 revenue was $9.50 million, up 84.4% from the prior-year quarter. Full-year revenue reached $31.13 million, up 46.9%. The operating loss widened to $28.75 million in the quarter and to $105.41 million for the full year.

3 KPIs13 risks
$9.5M
Revenue
Op. margin -302.6%
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Q3 FY2022
Quarter ended Sep 2022

SoundHound AI reported record third-quarter revenue of $11.2 million for fiscal 2022 Q3, up 178% from the prior-year quarter. Year-to-date revenue reached $21.6 million, up 35%.

6 KPIs1 guidance items6 risks
$11.2M
Revenue
Op. margin -241.4%
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Q2 FY2022
Quarter ended Jun 2022

SoundHound AI posted a difficult fiscal 2022 second quarter, with revenue down and losses much wider. Revenue fell 25.7% to $6.15 million for the quarter ended June 30, 2022. First half revenue declined 13.1% to $10.44 million.

1 KPIs8 risks
$6.2M
Revenue
Op. margin -470.3%
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Q1 FY2022
Quarter ended Mar 2022

SoundHound reported $4.29 million of revenue for the quarter ended March 31, 2022, with nearly all of it coming from product royalties. The period was the company's last as a private business. SoundHound closed its merger with Archimedes Tech SPAC Partners Co.

8 KPIs3 guidance items4 risks
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Q4 FY2021
Quarter ended Dec 2021

The company reported revenue of $5.15 million for the quarter and $21.20 million for the full year. Operating loss was $0.55 million in the quarter and $1.02 million for the year. Net loss came to $0.64 million in the quarter and $0.98 million for the full year. Diluted EPS for the full year was -$1.18.

4 risks
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Q3 FY2021
Quarter ended Sep 2021

Archimedes Tech SPAC Partners Co. spent the September 2021 quarter the way a blank check company does: holding IPO proceeds in trust, screening acquisition targets, and absorbing the costs of being public.

2 risks
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Q2 FY2021
Quarter ended Jun 2021

Reported figures for the quarter ended June 30, 2021 show revenue of $8.28 million, and $12.02 million for the six months to the same date. The operating loss was $0.15 million in the quarter and $0.23 million for the year to date. Operating margin was -1.8% for the quarter and -1.9% for the six months.

3 risks
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Q1 FY2021
Quarter ended Mar 2021

Archimedes Tech SPAC Partners Co. is a blank check company with no operating business, and the quarter ended March 31, 2021 shows exactly what that means for an income statement. The company reported a net loss of $84,033 for the three months, driven by an operating loss of $81,441.

2 risks
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Summaries, guidance, risks and KPIs are generated from the company's SEC filings (10-Q / 10-K and the 8-K earnings release) and checked against the reported XBRL figures. They can contain errors; the filings are authoritative.