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Soundhound AI, Inc. (SOUN) stock

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NASDAQ: SOUN Nasdaq Application Software Next results ~November 5, 2026

D Fundamentals grade

Soundhound AI, Inc. is a US-listed company in the application software industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$1.8

Growth cash-flow model

Base case. Range ~$0.8–$2.7. Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability.

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Soundhound AI, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Soundhound AI files

Where Soundhound AI stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $203m, up 54.6% on a year earlier, slower than the 80.0% growth a quarter earlier. That growth ranks 3 of 103 among the application software companies we cover. Free-cash-flow margin rose to -57.0% from -85.8% a year earlier. Operating margin widened to -68.5% from -183.2%. The diluted share count is up 8.9% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades E. It passes 2 of our 3 financial-health checks.

Source: 10-Q filed August 10, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Soundhound AI, Inc.'s trailing-twelve-month revenue grew 54.6% year on year, with a free-cash-flow margin of -57.0%. Where it stands out: revenue growth of 54.6% ranks 15 of 184 application software companies we cover. Where it lags: change in growth rate of -25.4pp ranks 174 of 184 application software companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 2.7% while net income grew 39.1%: a 42pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 54.6% over the last 12 months, against a median of 12.0% for application software companies we cover.
  • Margins widening. Operating margin is up 114.6 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.2bn.

Things to watch

  • Results due soon. Results are expected around 5 November; the share price can move sharply on the day.
  • Growth slowing. The growth rate is 25.4 points lower than a quarter earlier.
  • Loss-making. Operating margin is -68.5%: costs exceed revenue.
  • Burning cash. Free cash flow was -57.0% of revenue over the last 12 months.
  • Heavy stock-based pay. Stock pay equals 38.7% of revenue, against a median of 9.3% for application software companies we cover: a real cost that cash-flow figures leave out.
  • Share dilution. Diluted shares rose 8.9% in a year.

Latest results: FY2026 Q2

Filed August 10, 2026
Earnings per share
-$0.02 against an average estimate of -$0.05: beat by 63.0%
Revenue
$62m, up 45.0% on a year earlier
Share reaction
+8.8% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Next report
November 5, 2026; average EPS estimate -$0.05

Soundhound AI's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.2%
  • 1 week-5.3%
  • 1 month-29.1%
  • This year-59.0%
  • 1 year-75.8%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$203M
Operating margin
-68.5%
Net margin
-67.5%
EPS (TTM, diluted)
$-0.32

Growth

Revenue growth
+54.6%
Change in growth rate
−25.4 pts
Share count change
+8.9%

Cash

Free cash flow (TTM)
-$116M
FCF margin
-57.0%
Stock pay % of revenue
38.7%

Earnings

Last results
August 5, 2026
Next results (est.)
November 5, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Announcement
  3. Share issue
  4. Results
  5. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Soundhound AI, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Valuation models

We value Soundhound AI, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 12.2%: the 10-year Treasury yield (4.9%) plus a beta of 1.62 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$1.8 ~$0.8–$2.7 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$0.3 ~$1.7–$4.8 Left out: out of range vs price (0.06x)
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$1.8 ~$0.8–$2.7 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Soundhound AI, Inc. with Application Software in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 2022202320242025Now
Share price$1.77$2.12$19.84$9.97$4.09
Market value$278m$486m$6.7bn$4.1bn$1.7bn
+ Net debt (− = net cash)$26m$5m−$198m−$248m−$203m
Enterprise value$304m$491m$6.5bn$3.8bn$1.5bn
Multiples
Price / sales 8.9x10.6x79.3x24.2x8.5x
Price / earnings —————
Price / free cash flow —————
EV / EBITDA —————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

13 /100

Weak moat

How hard Soundhound AI's competitive advantage looks for rivals to wear away, judged from 5 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -40.7% of total assets over 5 years.

  • Pricing power 12 / 20

    Gross margin has been a median 61.1%, moving by 13.9 percentage points (standard deviation) across 5 years.

  • Durability 10 / 20

    Operating margin has been a median -183.2%; its worst year was -437.6%.

  • Cash conversion 0 / 20

    Free cash flow was positive in 0 of 5 years, at a median -135.1% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (28 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, after the close. Analysts expect revenue of $62m and EPS of −$0.05 (range −$0.09 to $0.00) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$0.16 −26% $238m +41%
Next −$0.10 +39% $390m +64%

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −6.8% on 90 days ago. In the last 30 days, 1 analyst raised Soundhound AI, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Soundhound AI, Inc., last 90 days
−$0.20 −$0.15 −$0.10 −$0.05 $0.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.18 Current fiscal year, 60 days ago: −$0.16 Current fiscal year, 30 days ago: −$0.16 Current fiscal year, 7 days ago: −$0.16 Current fiscal year, Now: −$0.16 −$0.16 Next fiscal year, 90 days ago: −$0.12 Next fiscal year, 60 days ago: −$0.15 Next fiscal year, 30 days ago: −$0.15 Next fiscal year, 7 days ago: −$0.10 Next fiscal year, Now: −$0.10 −$0.10

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.18−$0.12
60 days ago −$0.16−$0.15
30 days ago −$0.16−$0.15
7 days ago −$0.16−$0.10
Now −$0.16−$0.10

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.05 −$0.02 +63.0%
Mar 2026 −$0.04 −$0.06 −71.4%
Dec 2025 −$0.02 −$0.02 −9.1%
Sept 2025 −$0.03 −$0.03 +11.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

8 analysts, Oct 2026
Buy675%
Hold225%
Sell00%

Monthly trend

  1. Oct 2026628
  2. Sep 2026628
  3. Aug 2026628
  4. Jul 2026628

Counts of recommendations published by analysts covering Soundhound AI, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
41.9%
of tradable shares
Days to cover
10.08
at average volume
Short interest, 1 month
+3%
to October 15, 2026
Held by institutions
38%
of shares
Held by insiders
1.9%
of shares
Employees
954
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months −76.8%

$17.62 on October 31, 2025 to $4.09

ThenNowEffect
Revenue (last 12 months) $131m $203m +54.6%
P/S multiple 52.0x 8.5x −83.6%
Share count 388m 423m −8.2%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 2023202420252026 to date
Return
SOUN+20%+836%−50%−59%
Industry peers (median)+19%+2%−20%−14%
S&P 500+26%+25%+18%+11%
Months that ended higher
SOUN50%50%50%36%
S&P 50067%75%75%46%
Largest fall from a high during the year
SOUN−67%−60%−65%−65%
S&P 500−10%−8%−19%−9%

Worst fall since April 28, 2022: 94% from May 5, 2022 to December 22, 2022. Getting back needed a 1451% gain, reached on December 6, 2024, 715 days after the low.

Price behaviour

52-week range
$4.09 – $17.11
From 52-week high
−76.1%
vs 50-day average
−28.6%
vs 200-day average
−42.8%
Volatility (1 year)
69%
Beta vs S&P 500
2.96

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±9.2%
After a week
6 up, 6 down
typical move ±15.8%
After a month
6 up, 6 down
typical move ±20.6%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 +8.8% −0.4% +13.7% +3.5%
May 7, 2026 −5.2% +0.5% −9.1% −20.1%
February 26, 2026 +0.9% −1.0% −2.9% −30.8%
November 6, 2025 −10.1% −1.0% −22.3% −19.3%
August 7, 2025 +25.5% +0.7% +53.1% +41.6%
May 8, 2025 −2.1% +0.6% +20.1% +9.3%
February 27, 2025 +13.1% −0.1% −0.2% −11.2%
November 12, 2024 −19.3% −0.3% −16.2% +75.9%
August 8, 2024 +13.3% +2.8% +15.1% +7.4%
May 9, 2024 +5.8% +0.7% +6.2% −0.8%
February 29, 2024 −4.8% +1.3% −11.2% −12.3%
November 9, 2023 +1.1% +0.8% +19.2% +15.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Soundhound AI, Inc. in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Soundhound AI, Inc.
$0 $100M $200M $300M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $38.2M Revenue (TTM), FY23 Q4: $45.9M Revenue (TTM), FY24 Q1: $50.8M Revenue (TTM), FY24 Q2: $55.5M Revenue (TTM), FY24 Q3: $67.3M Revenue (TTM), FY24 Q4: $84.7M Revenue (TTM), FY25 Q1: $102.2M Revenue (TTM), FY25 Q2: $131.4M Revenue (TTM), FY25 Q3: $148.4M Revenue (TTM), FY25 Q4: $168.9M Revenue (TTM), FY26 Q1: $184M Revenue (TTM), FY26 Q2: $203.2M $203.2M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $38.2M
FY23 Q4 $45.9M
FY24 Q1 $50.8M
FY24 Q2 $55.5M
FY24 Q3 $67.3M
FY24 Q4 $84.7M
FY25 Q1 $102.2M
FY25 Q2 $131.4M
FY25 Q3 $148.4M
FY25 Q4 $168.9M
FY26 Q1 $184M
FY26 Q2 $203.2M
Revenue growth, TTM YoY Soundhound AI, Inc.
0% 50% 100% 150% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 42.7% Revenue growth, TTM YoY, FY23 Q4: 47.4% Revenue growth, TTM YoY, FY24 Q1: 51.3% Revenue growth, TTM YoY, FY24 Q2: 53.5% Revenue growth, TTM YoY, FY24 Q3: 76.0% Revenue growth, TTM YoY, FY24 Q4: 84.6% Revenue growth, TTM YoY, FY25 Q1: 101.4% Revenue growth, TTM YoY, FY25 Q2: 137.0% Revenue growth, TTM YoY, FY25 Q3: 120.5% Revenue growth, TTM YoY, FY25 Q4: 99.4% Revenue growth, TTM YoY, FY26 Q1: 80.0% Revenue growth, TTM YoY, FY26 Q2: 54.6% 54.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 42.7%
FY23 Q4 47.4%
FY24 Q1 51.3%
FY24 Q2 53.5%
FY24 Q3 76.0%
FY24 Q4 84.6%
FY25 Q1 101.4%
FY25 Q2 137.0%
FY25 Q3 120.5%
FY25 Q4 99.4%
FY26 Q1 80.0%
FY26 Q2 54.6%
Operating margin (TTM) Soundhound AI, Inc.
-600% -400% -200% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -222.8% Operating margin (TTM), FY23 Q4: -149.6% Operating margin (TTM), FY24 Q1: -141.7% Operating margin (TTM), FY24 Q2: -139.6% Operating margin (TTM), FY24 Q3: -143.7% Operating margin (TTM), FY24 Q4: -403.0% Operating margin (TTM), FY25 Q1: -180.7% Operating margin (TTM), FY25 Q2: -183.2% Operating margin (TTM), FY25 Q3: -217.6% Operating margin (TTM), FY25 Q4: -13.8% Operating margin (TTM), FY26 Q1: -94.6% Operating margin (TTM), FY26 Q2: -68.5% -68.5%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -222.8%
FY23 Q4 -149.6%
FY24 Q1 -141.7%
FY24 Q2 -139.6%
FY24 Q3 -143.7%
FY24 Q4 -403.0%
FY25 Q1 -180.7%
FY25 Q2 -183.2%
FY25 Q3 -217.6%
FY25 Q4 -13.8%
FY26 Q1 -94.6%
FY26 Q2 -68.5%
FCF margin (TTM) Soundhound AI, Inc.
-200% -150% -100% -50% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -196.9% FCF margin (TTM), FY23 Q4: -149.7% FCF margin (TTM), FY24 Q1: -150.0% FCF margin (TTM), FY24 Q2: -135.1% FCF margin (TTM), FY24 Q3: -134.1% FCF margin (TTM), FY24 Q4: -129.3% FCF margin (TTM), FY25 Q1: -104.5% FCF margin (TTM), FY25 Q2: -85.8% FCF margin (TTM), FY25 Q3: -74.2% FCF margin (TTM), FY25 Q4: -58.7% FCF margin (TTM), FY26 Q1: -57.9% FCF margin (TTM), FY26 Q2: -57.0% -57.0%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -196.9%
FY23 Q4 -149.7%
FY24 Q1 -150.0%
FY24 Q2 -135.1%
FY24 Q3 -134.1%
FY24 Q4 -129.3%
FY25 Q1 -104.5%
FY25 Q2 -85.8%
FY25 Q3 -74.2%
FY25 Q4 -58.7%
FY26 Q1 -57.9%
FY26 Q2 -57.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 21 31 46 85 169 203
Gross profit 15 22 35 41 72 86
EBITDA −60 −102 −66 −340 −22 −133
Operating income −65 −106 −69 −341 −23 −139
Net income −80 −117 −89 −351 −14 −137
Diluted EPS −$1.18 −$0.74 −$0.40 −$1.04 −$0.28 −$0.32
Growth (year on year)
Revenue — +46.9% +47.4% +84.6% +99.4% +54.6%
Margins
Gross margin 68.9% 69.2% 75.4% 48.9% 42.4% 42.3%
EBITDA margin −282.2% −326.6% −144.5% −401.6% −13.2% −65.3%
Operating margin −308.2% −339.5% −149.6% −403.0% −13.8% −68.5%
Net margin −375.2% −374.9% −193.9% −414.1% −8.3% −67.5%
Free-cash-flow margin −315.2% −306.3% −149.7% −129.3% −58.7% −57.0%
Cash flow
Cash from operations −66 −94 −68 −109 −98 −115
Capital spending 1 1 0 1 1 1
Free cash flow −67 −95 −69 −110 −99 −116
Stock-based pay 6 29 28 33 81 79
Free cash flow after stock pay −73 −124 −97 −143 −180 −194
Balance sheet
Cash 22 9 95 198 248 203
Total debt 31 35 100 0 0 0
Net debt (negative = net cash) 9 26 5 −198 −248 −203
Diluted shares 67m 157m 229m 338m 409m 423m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 3 checks passed · June 30, 2026
What it owns · $668m
Short-term assets $277mLonger-term assets $391m
What it owes, and who funded it · $668m
Short-term liabilities $71mLonger-term liabilities $107mShareholders' equity $490m
  • Short-term assets cover short-term liabilities $277m of assets due within a year against $71m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $277m short-term assets against $107m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Operating income of −$139m against $398,000 of interest.

From Soundhound AI, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+8.9%
year over year
R&D spending
49.7%
of revenue

Competitors: side by side with peers

Closest by revenue in application software
Last 12 months unless stated SOUN MITK UPLD MRDN IIIV KLTR Median
Revenue, last 12 months $203m $198m $198m $197m $218m $181m $482m
Revenue growth, last 12 months 54.6% 11.1% −21.5% 14.1% 4.1% −0.2% 12.0%
Revenue growth, 3-year average 77.8% 4.3% −13.9% — 21.0% 1.6% 11.1%
Revenue growth, latest quarter 45.0% 18.2% −7.9% 16.1% 2.2% 5.5% 11.9%
Gross margin 42.3% 86.7% 76.3% 55.7% 88.9% 72.0% 69.2%
Operating margin −68.5% 17.8% −6.1% −44.7% 2.7% −1.5% 1.1%
Operating margin, 3-year average −130.4% 7.9% −17.1% −12.9% 2.2% −9.0% −0.8%
Net margin −67.5% 11.4% −18.5% −42.6% 3.9% −6.9% 2.1%
Cash from operations / revenue −56.4% 27.1% 12.7% 14.3% 24.0% 6.4% 18.2%
Free-cash-flow margin −57.0% 24.6% 12.5% 11.3% 22.9% 6.2% 15.0%
Free-cash-flow margin, 3-year average −92.6% 21.1% 11.6% 11.5% 15.2% 4.8% 16.2%
Stock pay / revenue 38.7% 8.2% 2.6% 0.9% 8.3% 8.5% 9.3%
Change in share count 8.9% 4.1% −1.2% — 4.6% 6.0% 2.2%

Median of all 185 companies we cover in application software. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

185 application software companies
Measure Company Peer median Rank
Revenue growth Growth 54.6% 12.0% 15 of 184
Change in growth rate Growth -25.4pp +0.2pp 174 of 184
Gross margin Profitability 42.3% 69.8% 130 of 160
Operating margin Profitability -68.5% 1.1% 149 of 181
Net margin Profitability -67.5% 2.1% 151 of 185
Free-cash-flow margin Cash generation -57.0% 15.2% 153 of 180
Stock pay as % of revenue Cash generation 38.7% 9.3% 161 of 177
Change in share count Balance sheet 8.9% 1.7% 119 of 163

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Service Subscriptions $134M ▲ 137.0%
Hosted Services $108M ▲ 89.1%
Licensing $45.1M ▲ 156.8%
Product Royalties $34.9M ▲ 24.8%
Professional Service $15.1M ▲ 58.7%
Monetization $460,000 ▲ 20.4%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
United States $108M 64.2% ▲ 131.8%
Other Countries $42.5M 25.2% ▲ 154.7%
South Korea $10.3M 6.1% ▼ 15.9%
France $7.3M 4.3% ▼ 16.5%
Germany $360,000 0.2% ▲ 83.7%

From Soundhound AI, Inc.'s 10-K filed March 2, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.1B
Institutions reporting
442
Shares held vs prior quarter
▼ 2.4%
Positions opened / closed
71 / 80

Top buyers and sellers, Q2 2026: 221 institutions bought and 198 sold ; the biggest buyer was Blackrock, Inc (+1.6M shares) and the biggest seller Goldman Sachs Group Inc (−4.0M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $220M 34.0M 19.9% ▲ 4.9%
Vanguard Portfolio Management LLC $167M 25.9M 15.2% ▲ 1.4%
Vanguard Capital Management LLC $117M 18.1M 10.6% ▲ 3.9%
Geode Capital Management, LLC $67.4M 10.4M 6.1% ▲ 8.3%
State Street Corp $65M 10.0M 5.9% ▲ 10.6%
UBS Group AG $47M 7.3M 4.3% ▼ 13.5%
Bank Of America Corp $47M 7.3M 4.3% ▲ 23.6%
Morgan Stanley $42M 6.5M 3.8% ▼ 8.8%
Charles Schwab Investment Management Inc $23M 3.5M 2.1% ▲ 6.3%
Northern Trust Corp $22.3M 3.4M 2.0% ▲ 8.6%
Vanguard Fiduciary Trust Co $18.5M 2.9M 1.7% ▲ 6.1%
Mirae Asset Global Etfs Holdings Ltd. $17.8M 2.8M 1.6% ▲ 3.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Soundhound AI, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $11.1M 29 trades by 7 insiders · 15% under pre-set plans
Net ▼ $11.1M net selling
Insider Date Trade Shares Price Value
Sroka Diana Director September 17, 2026 Sell pre-set plan 1,552 $6.11 $9,483
Mohajer Keyvan CEO September 15, 2026 Sell 137,290 $6.33 $869,046
Emami Majid CSO & SVP, Engineering September 15, 2026 Sell 38,730 $6.33 $245,161
Hom James Ming Chief Product Officer September 15, 2026 Sell 38,730 $6.33 $245,161
Zagorsek Michael Chief Operating Officer September 15, 2026 Sell 71,113 $6.33 $450,145
Sroka Diana Director August 27, 2026 Sell pre-set plan 1,343 $7.15 $9,602
Emami Majid CSO & SVP, Engineering June 15, 2026 Sell 28,843 $7.46 $215,169
Mohajer Keyvan CEO June 15, 2026 Sell 126,540 $7.46 $943,988
Hom James Ming Chief Product Officer June 15, 2026 Sell 28,843 $7.46 $215,169
Stonehocker Timothy Chief Technology Officer June 15, 2026 Sell 18,802 $7.46 $140,263
Zagorsek Michael Chief Operating Officer June 15, 2026 Sell 64,994 $7.46 $484,855
Sroka Diana Director March 23, 2026 Sell pre-set plan 1,343 $6.77 $9,092

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 2 trades and filings

In the last 12 months, 1 member of Congress disclosed 0 purchases and 1 sale of Soundhound AI, Inc. shares.

  • Cleo Fields(D-LA 6):Sale (full), $1,001 - $15,000, traded December 15, 2025, filed December 17, 2025
  • Cleo Fields(D-LA 6):Purchase, $1,001 - $15,000, traded July 16, 2025, filed August 6, 2025

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 5, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 7, 2026
  • February 26, 2026
  • November 6, 2025
  • August 7, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Soundhound AI, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Soundhound AI, Inc. in brief

What does Soundhound AI, Inc. do?
Soundhound AI, Inc. is a US-listed company in the application software industry. Its financial year ends in December.
What is Soundhound AI, Inc.'s stock ticker?
Soundhound AI, Inc. trades under the ticker SOUN on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Soundhound AI, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Soundhound AI, Inc. reported revenue of $203M, 54.6% higher than a year earlier, according to its SEC filings.
What is Soundhound AI, Inc.'s free cash flow?
Soundhound AI, Inc.'s free-cash-flow margin is -57.0% of revenue over the trailing twelve months, ranking 153 of the 180 application software companies we cover.
Who are Soundhound AI, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Soundhound AI, Inc.'s market cap?
On November 2, 2026, Soundhound AI, Inc.'s market capitalisation was about $1.7B and net debt of -$203M. Market figures come from third-party market data and may be delayed.
Who are Soundhound AI, Inc.'s competitors?
In our Application Software peer group, the companies closest to Soundhound AI, Inc. are Mitek Systems Inc, Upland Software, Inc., Meridian Holdings Inc., I3 Verticals, Inc. and Kaltura Inc. The side-by-side comparison below sets their revenue, margins and growth against Soundhound AI, Inc.'s.
Are insiders buying or selling Soundhound AI, Inc. stock?
Over the last 12 months, Soundhound AI, Inc.'s directors and officers reported 0 open-market purchases and 29 sales on Form 4. The insider trading page charts every trade.
When is Soundhound AI, Inc.'s next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Soundhound AI, Inc. announces its own schedule.