SoundHound AI, Inc. logo SOUN - SoundHound AI, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 5
HOLD 3
SELL 0
STRONG
SELL
0
| PRICE TARGET: $12.50 DETAILS
HIGH: $15.00
LOW: $11.00
MEDIAN: $12.00
CONSENSUS: $12.50
UPSIDE: 53.00%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2020 Q4
Revenue
Revenue 44.2 55.1 42.0 42.7 29.1 34.5 25.1 13.5 11.6 17.1 13.3 8.8 6.7 9.5 11.2 6.2 4.3 5.2 4.0 8.3 4.2
Cost of Revenue 35.3 28.7 24.1 26.0 18.5 20.8 12.9 5.0 4.7 3.9 3.6 1.8 2.0 2.8 2.6 2.5 1.8 1.7 1.7 1.6 1.7
Gross Profit 8.9 26.4 17.9 16.7 10.6 13.8 12.2 8.5 6.9 13.2 9.7 6.9 4.7 6.7 8.6 3.7 2.5 3.4 2.4 6.7 2.5
Operating Expenses
R&D Expenses 26.2 24.8 22.8 25.8 24.8 20.4 19.5 15.7 14.9 12.7 12.8 11.7 14.2 21.5 19.4 18.9 16.6 16.4 14.3 14.0 13.6
SG&A Expenses 44.9 38.6 40.7 34.1 30.4 26.0 25.4 14.7 15.8 12.1 11.4 11.5 12 14.0 16.3 13.7 6.6 6.1 5.2 5.1 4.4
Other Expenses (0.3) (79.7) 70.2 34.8 (172.6) 224.5 1.0 0.0 4.8 0.8 0 0.2 3.8 0 0 0 0 0 0 0 0
Operating Expenses 70.8 (16.2) 133.8 94.7 (117.5) 270.9 46.0 30.5 35.5 25.6 24.2 23.4 29.9 35.5 35.7 32.6 23.2 22.5 19.5 19.1 17.9
Operating Income
Operating Income (61.9) 42.6 (115.9) (78.1) 128.1 (257.1) (33.8) (22.0) (28.5) (12.4) (14.5) (16.5) (25.2) (28.8) (27.1) (28.9) (20.7) (19.0) (17.2) (12.5) (15.4)
Interest Expense 0.1 0.1 0.2 0.2 0.2 1.3 1.1 4.1 5.7 5.5 5.4 4.7 1.1 1.2 1.2 1.6 3.0 2.6 2.7 2.3 0
Interest Income 0 0 0 2.4 2.2 1.5 2.3 2.8 1.8 0.8 1.2 0.7 0.2 0.2 0.2 0.0 0.0 0.0 0 0.0 0.6
Profitability
EBITDA (52.0) 84.3 (92.0) (64.8) 139.4 (246.4) (27.2) (30.6) (24.8) (7.2) (12.7) (16.6) (24.4) (26.4) (27.1) (28.6) (19.6) (17.7) (18.0) (12.3) (13.9)
EBIT (61.9) 42.4 (108.7) (73.3) 131.0 (257.0) (31.1) (32.6) (27.1) (10.9) (13.2) (18.2) (26.0) (28.2) (28.0) (28.7) (21.8) (20.2) (19.9) (12.3) (15.4)
Income Before Tax (24.2) 42.3 (108.8) (73.5) 130.8 (258.3) (32.2) (36.7) (32.7) (16.4) (18.6) (22.9) (27.1) (29.4) (29.2) (30.3) (24.8) (22.8) (22.6) (14.6) (15.9)
Income Tax Expense 0.8 2.2 0.5 1.3 0.8 0.3 (10.5) 0.6 0.3 1.6 1.6 0.4 0.3 1.3 0.9 0.4 0.4 (0.9) 1.2 0.0 0.5
Net Income (25.0) 40.1 (109.3) (74.7) 129.9 (258.6) (21.8) (37.3) (33.0) (18.0) (20.2) (23.3) (27.4) (30.7) (30.1) (30.7) (25.1) (21.8) (23.8) (14.7) (16.3)
Per Share Data
EPS (Basic) -0.06 0.10 -0.27 -0.19 0.33 -0.69 -0.06 -0.11 -0.12 -0.07 -0.09 -0.11 -0.14 -0.15 -0.15 -0.19 -0.12 -0.11 -0.35 -0.22 -0.94
EPS (Diluted) -0.06 0.10 -0.27 -0.19 0.31 -0.69 -0.06 -0.11 -0.12 -0.07 -0.09 -0.11 -0.14 -0.15 -0.15 -0.19 -0.12 -0.11 -0.35 -0.22 -0.94
Shares Outstanding 338.5 417.6 409.8 400.1 393.9 375.1 360.4 331.8 286.6 254.4 242.0 220.8 205.1 200.0 197.0 162.0 214.5 200.0 67.7 67.4 17.5
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Current Assets
Cash & Cash Equivalents 215.6 248.5 268.9 230.3 245.8 198.2 135.6 200.2 211.7 95.3 96.1 115.8 46.3 9.2 33.4 65.0 0.0 21.6 27.3 0.8 1.0 43.7
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 62.8 62.2 54.6 41.6 41.6 49.8 38.2 20.0 19.0 15.8 9.5 7.2 4.2 5.1 4.2 1.0 0 2.1 5.6 0 0 3.6
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 10.3 18.4 11.8 10.1 7.6 7.5 7.4 3.9 3.3 1.5 1.4 1.4 1.1 0.9 1.0 1.0 0 2.5 0.2 0 0.2 0.2
Total Current Assets 288.8 329.1 335.4 282.0 295.1 255.5 181.2 224.1 234.0 113.5 109.4 126.9 53.3 17.7 42.4 71.8 0.1 27.5 34.9 1.0 1.1 48.9
Non-Current Assets
Property, Plant & Equipment 8.8 6.7 7.1 5.5 6.1 5.9 5.4 5.6 5.9 6.7 7.7 8.8 10.1 11.6 13.0 14.4 0 16.4 9.9 0 0 10.4
Goodwill 122.3 122.3 122.3 101.2 101.2 101.7 111.7 6.0 5.8 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 172.0 181.4 191.1 159.9 167.4 174.9 182.6 13.1 11.6 0 0 0 0 0 0 0 0 0 8.5 0 0 8.3
Long-Term Investments 34.7 0 0 0 12.9 13.6 15.4 0 0 0 0 0 0 0 0 0 133.0 0 0 133.0 133.0 (8.3)
Other Non-Current Assets 18.3 48.6 46.4 30.9 4.8 2.3 3.3 17.8 30.1 30.8 26.9 21.8 9.3 8.7 6.3 1.5 0 3.1 4.9 0 0 2.0
Total Non-Current Assets 356.1 359.0 366.9 297.5 292.5 298.4 318.4 42.6 53.4 37.6 34.6 30.6 19.5 20.3 21.5 18.0 133.0 21.7 23.4 133.0 133.0 14.7
Total Assets 645.0 688.2 702.2 579.5 587.5 554.0 499.7 266.7 287.4 151.1 144.0 157.6 72.8 38.0 63.8 89.8 133.1 49.2 58.2 134.0 134.1 63.6
Current Liabilities
Account Payables 8.0 10.6 6.9 10.2 6.7 5.6 17.8 4.3 3.0 1.7 2.2 1.9 2.5 2.8 2.9 5.3 0 3.8 3.3 0 0 3.3
Short-Term Debt 3.0 2.1 0 0 0 0 0 0 0 0 0 0 16.8 16.7 16.5 16.9 0 59.8 29.2 0 0 0
Deferred Revenue 28.5 24.0 20.7 23.7 26.9 23.9 20.1 2.9 3.6 4.3 4.2 4.6 5.3 5.8 5.3 6.2 0 6.0 0 0 0 12.1
Other Current Liabilities 30.9 35.0 21.1 12.5 14.5 25.5 27.5 7.3 8.1 7.0 7.9 11.8 11.0 6.1 5.5 3.9 0 7.3 9.3 0.1 0.1 3.4
Total Current Liabilities 73.3 71.7 65.1 58.3 60.0 67.7 70.2 25.5 26.5 24.2 21.4 27.0 41.5 38.6 38.3 40.9 0.5 87.7 51.1 0.1 0.1 24.5
Non-Current Liabilities
Long-Term Debt 0 2.1 0 0 0 0 39.7 0 85.5 84.3 83.3 66.4 14.0 18.3 22.5 26.1 0 0 18.4 0 0 13.1
Deferred Tax Liabilities 0 1.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 279.6
Other Non-Current Liabilities 99.7 149.2 227.6 153.0 120.5 294.3 84.0 11.3 13.8 6.4 6.1 16.8 4.3 4.4 2.1 1.3 133.2 280.8 28.6 0.2 0.3 2.4
Total Non-Current Liabilities 109.6 152.6 237.8 161.4 130.5 303.6 133.5 17.2 105.5 98.7 96.7 91.8 28.9 36.0 39.9 44.3 133.2 304.7 56.9 0.2 0.3 315.5
Total Liabilities 182.9 224.4 303.0 219.7 190.5 371.3 203.7 42.7 131.9 123.0 118.1 118.8 70.4 74.6 78.2 85.1 133.7 392.4 108.0 0.3 0.4 340.0
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 133.0 128.7 0.0
Retained Earnings (982.1) (957.1) (997.1) (887.9) (813.1) (943.1) (684.5) (662.7) (625.4) (592.4) (574.4) (550.4) (528.5) (503.4) (471.4) (442.5) (1.4) (386.7) (364.1) (0.2) (0.1) (307.2)
Accumulated Other Comprehensive Income 0.2 0.1 0.2 0.2 0.2 0.2 0.3 0.2 0.2 0.2 0.2 0.0 0 0 0 0 0 0 0 0 (276.4) (0.0)
Total Stockholders' Equity 460.7 463.8 399.2 359.8 397.0 182.7 296.0 223.9 155.5 28.2 25.9 38.8 2.4 (36.6) (14.4) 4.7 (0.6) (343.2) (49.8) 133.7 133.7 (276.4)
Total Liabilities & Equity 645.0 688.2 702.2 579.5 587.5 554.0 499.7 266.7 287.4 151.1 144.0 157.6 72.8 38.0 63.8 89.8 133.1 49.2 58.2 134.0 134.1 63.6
Debt Metrics
Total Debt 6.2 4.2 4.8 4.4 4.6 4.3 43.8 4.5 90.5 90.2 89.9 73.9 39.3 44.1 48.9 54.1 0 73.3 62.5 0 0 16.6
Net Debt (209.4) (244.3) (264.1) (226.0) (241.2) (193.9) (91.8) (195.6) (121.3) (5.1) (6.3) (41.9) (7.0) 34.9 15.5 (11.0) (0.0) 51.7 35.2 (0.8) (1.0) (27.1)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Operating Activities
Net Income (25.0) 40.1 (109.3) (74.7) 129.9 (258.6) (21.8) (37.3) (33.0) (18.0) (22.6) (23.3) (26.4) (30.7) (28.9) (30.7) (25.1) (21.8) (23.8) (14.7) (19.3) (16.3)
Depreciation & Amortization 10.0 10.0 10.3 8.5 8.4 7.9 3.9 2.0 2.2 0.4 0.5 1.5 1.6 1.9 1.6 1.7 2.1 4.9 2.0 1.4 2.6 1.5
Stock-Based Compensation 0 0 0 23.8 17.4 9.9 9.1 7.3 7.0 7.3 6.7 5.7 8.2 9.3 9.2 7.9 2.5 0 1.3 0 1.4 1.5
Change in Working Capital 4.2 0 (1.8) (12.9) 1.6 (11.9) (17.8) (4.2) (3.2) (6.4) (10.0) (7.4) 2.0 (3.1) (8.7) (11.1) 3.2 (0.0) (3.0) (8.7) 1.0 (3.5)
Other Non-Cash Items (15.4) (72.0) 68.1 30.9 (176.6) 220.3 2.4 13.8 5.4 2.8 2.8 3.8 0.0 0.1 0.1 0.5 2.3 2.8 1.6 (10.5) (0.4) 6.2
Operating Cash Flow (26.3) (21.9) (32.7) (24.5) (19.2) (33.1) (35.3) (18.5) (21.9) (13.9) (20.7) (19.7) (14.5) (20.4) (26.8) (31.8) (15.0) (15.1) (18.5) (32.4) (14.7) (10.7)
Investing Activities
Capital Expenditure (0.5) 21.9 (0.2) (0.2) (0.2) (0.1) (0.2) (0.2) (0.1) (0.1) (0.0) (0.3) (0.0) (0.1) (0.2) (0.4) (0.6) (0.4) (0.1) (0.1) (0.1) (0.5)
Acquisitions 0 0 (54.6) 0 0 0 (7.3) (0.8) (3.7) 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 133 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 (2.5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (133) 0 1.0
Investing Cash Flow (3.1) (2.5) (56.6) (0.2) (0.2) (0.1) (7.5) (1) (3.8) (0.1) (0.0) (0.3) (0.0) (0.1) (0.2) (0.4) (0.6) (0.4) (0.1) (0.1) (0.1) 0.5
Financing Activities
Net Debt Issuance (0.1) 0 (0.0) (0.0) (0.0) (39.8) (70.1) (105.6) (0.0) (0.0) (0.0) 54.1 (4.2) (4.2) (4.3) (3.9) (0.5) 9.2 (0.6) 33.6 (0.6) (15.6)
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 (0.2) 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (3.5) 3.6 127.9 (1.0) (0.7) (0.2) (1.6) (11.1) 5.5 12.4 0 (2.4) 2.4 0.5 (1.0) 89.2 2.5 0 0.2 0 1.2 16.2
Financing Cash Flow (3.2) 3.6 127.9 9.6 67.0 95.5 (21.6) (5.7) 142.7 13.1 1.2 102.9 51.6 (3.6) (4.6) 88.2 2.0 9.8 (0.4) (98.9) 0.6 0.6
Cash Position
Net Change in Cash (32.8) (20.9) 38.6 (15.2) 47.6 62.5 (64.5) (25.1) 117.1 (0.9) (19.6) 83.0 37.1 (24.2) (31.6) 56.1 (13.6) 21.5 (19.0) (0.2) (14.2) (9.6)
Cash at Beginning 248.5 268.9 231.3 246.5 198.9 136.4 201.0 226.1 109.0 96.1 129.5 46.6 9.5 33.6 65.2 9.2 22.8 0.6 47.5 1.0 45.0 54.5
Cash at End 215.6 248 269.9 231.3 246.5 198.9 136.4 201.0 226.1 95.3 109.9 129.5 46.6 9.5 33.6 65.2 9.2 22.1 28.5 0.8 30.8 45.0
Free Cash Flow (26.7) 0 (32.8) (24.7) (19.3) (33.2) (35.5) (18.7) (22.0) (13.9) (20.8) (19.9) (14.5) (20.6) (27.0) (32.1) (15.6) (15.5) (18.6) (32.6) (14.8) (11.2)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2020 Q4
Income Statement
Revenue 44.2 55.1 42.0 42.7 29.1 34.5 25.1 13.5 11.6 17.1 13.3 8.8 6.7 9.5 11.2 6.2 4.3 5.2 4.0 8.3 4.2
Gross Profit 8.9 26.4 17.9 16.7 10.6 13.8 12.2 8.5 6.9 13.2 9.7 6.9 4.7 6.7 8.6 3.7 2.5 3.4 2.4 6.7 2.5
Operating Income (61.9) 42.6 (115.9) (78.1) 128.1 (257.1) (33.8) (22.0) (28.5) (12.4) (14.5) (16.5) (25.2) (28.8) (27.1) (28.9) (20.7) (19.0) (17.2) (12.5) (15.4)
Net Income (25.0) 40.1 (109.3) (74.7) 129.9 (258.6) (21.8) (37.3) (33.0) (18.0) (20.2) (23.3) (27.4) (30.7) (30.1) (30.7) (25.1) (21.8) (23.8) (14.7) (16.3)
EPS (Diluted) -0.06 0.10 -0.27 -0.19 0.31 -0.69 -0.06 -0.11 -0.12 -0.07 -0.09 -0.11 -0.14 -0.15 -0.15 -0.19 -0.12 -0.11 -0.35 -0.22 -0.94
Balance Sheet
Cash & Equivalents 215.6 248.5 268.9 230.3 245.8 198.2 135.6 200.2 211.7 95.3 96.1 115.8 46.3 9.2 33.4 65.0 0.0 21.6 27.3 0.8 1.0 43.7
Total Assets 645.0 688.2 702.2 579.5 587.5 554.0 499.7 266.7 287.4 151.1 144.0 157.6 72.8 38.0 63.8 89.8 133.1 49.2 58.2 134.0 134.1 63.6
Total Debt 6.2 4.2 4.8 4.4 4.6 4.3 43.8 4.5 90.5 90.2 89.9 73.9 39.3 44.1 48.9 54.1 0 73.3 62.5 0 0 16.6
Stockholders' Equity 460.7 463.8 399.2 359.8 397.0 182.7 296.0 223.9 155.5 28.2 25.9 38.8 2.4 (36.6) (14.4) 4.7 (0.6) (343.2) (49.8) 133.7 133.7 (276.4)
Cash Flow
Operating Cash Flow (26.3) (21.9) (32.7) (24.5) (19.2) (33.1) (35.3) (18.5) (21.9) (13.9) (20.7) (19.7) (14.5) (20.4) (26.8) (31.8) (15.0) (15.1) (18.5) (32.4) (14.7) (10.7)
Capital Expenditure (0.5) 21.9 (0.2) (0.2) (0.2) (0.1) (0.2) (0.2) (0.1) (0.1) (0.0) (0.3) (0.0) (0.1) (0.2) (0.4) (0.6) (0.4) (0.1) (0.1) (0.1) (0.5)
Free Cash Flow (26.7) 0 (32.8) (24.7) (19.3) (33.2) (35.5) (18.7) (22.0) (13.9) (20.8) (19.9) (14.5) (20.6) (27.0) (32.1) (15.6) (15.5) (18.6) (32.6) (14.8) (11.2)