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Soundthinking, Inc. (SSTI) stock

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NASDAQ: SSTI Nasdaq Application Software Next results ~November 10, 2026

D Fundamentals grade

Soundthinking, 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

~$7.5

Revenue-to-maturity cash-flow model

Base case. Range ~$7.5–$9.7 across our lower- and higher-growth cases (0%–5% a year).

Price vs value

No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.

Soundthinking, 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.

  • Insiders1 buying, 2 selling15 purchases and 3 sales by directors and officers, last 12 monthsInsider trades
  • Funds48 adding, 52 cuttingOf 21 active managers that changed their stake, 12 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Soundthinking files

Where Soundthinking stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $98m, down 5.7% on a year earlier, a steeper fall than the 4.8% decline a quarter earlier. That puts it 100 of 103 for growth among the application software companies we cover. Free-cash-flow margin fell to -1.1% from 6.3% a year earlier. Operating margin narrowed to -16.4% from -8.7%. Against its peers on growth, profitability, cash generation and balance sheet, it grades E. It passes 1 of our 2 financial-health checks. Our revenue-to-maturity cash-flow model value is $7.71 a share, against a share price of $8.38.

Source: 10-Q filed August 14, 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 10, 2026 (estimated)

Soundthinking, Inc.'s trailing-twelve-month revenue fell 5.7% year on year, with a free-cash-flow margin of -1.1%. Where it lags: revenue growth of -5.7% ranks 167 of 184 application software companies we cover.

Current signal Results well short of expectations: Reported earnings per share missed the analysts' consensus estimate by 59% in the quarter to 2026-06-30.

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

Nothing in Soundthinking, Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Revenue shrinking. Revenue fell 5.7% over the last 12 months.
  • Loss-making. Operating margin is -16.4%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 7.8 points on a year ago.
  • Burning cash. Free cash flow was -1.1% of revenue over the last 12 months.
  • Volatile shares. Over the past year the shares showed annualised volatility of 80% and a beta of 1.1 against the S&P 500.
  • Gross margin slipping. Gross margin is down 5.1 points on a year ago.

Latest results: FY2026 Q2

Filed August 14, 2026
Earnings per share
-$0.29 against an average estimate of -$0.18: missed by 58.7%
Revenue
$24m, down 7.7% on a year earlier
Next report
November 10, 2026; average EPS estimate -$0.20

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

Price chart

  • 1 day+0.2%
  • 1 week-0.2%
  • 1 month+0.1%
  • This year+3.9%
  • 1 year-10.8%
  • 5 years-77.4%
  • 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)
$98M
Operating margin
-16.4%
Net margin
-16.9%
EPS (TTM, diluted)
$-1.29

Growth

Revenue growth
−5.7%
Change in growth rate
−0.9 pts
Share count change
+1.7%

Cash

Free cash flow (TTM)
-$1.1M
FCF margin
-1.1%
Stock pay % of revenue
9.3%

Earnings

Last results
May 14, 2026

News & updates

Updated October 31, 2026

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

  1. Leadership

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

Soundthinking, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 1 valuation models apply; a rating needs 3.

Valuation models

We value Soundthinking, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.8%: the 10-year Treasury yield (4.9%) plus a beta of 1.09 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$7.5 ~$7.5–$9.7 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
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$0.4 ~$11–$45 Left out: out of range vs price (0.05x)
Combined value Weighted average of the models that apply: the primary model (revenue-to-maturity 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. ~$7.5 ~$7.5–$9.7 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Soundthinking, 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 201720182019202020212022202320242025Now
Share price$14.05$31.18$25.50$37.70$29.52$33.83$25.54$13.06$8.03$8.34
Market value$87m$330m$302m$442m$344m$417m$317m$166m$102m$107m
+ Net debt (− = net cash)−$6m−$10m−$25m−$16m−$16m−$10m$1m−$9m−$12m−$2m
Enterprise value$81m$319m$278m$426m$328m$406m$319m$157m$90m$105m
Multiples
Price / sales 3.7x9.5x7.4x9.7x5.9x5.1x3.4x1.6x1.0x1.1x
Price / earnings ——168.0xn/m—65.3x————
Price / free cash flow ——34.1x61.9x173.5xn/m53.8x10.4x21.0x—
EV / EBITDA —n/m42.7x63.7x189.6x28.7x58.3x———

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

30 /100

Weak moat

How hard Soundthinking's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 6 / 20

    Cash operating profit has been a median 5.6% of total assets over 6 years.

  • Pricing power 17 / 20

    Gross margin has been a median 56.6%, moving by 4.3 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median -1.7%; its worst year was -16.4%.

  • Cash conversion 9 / 20

    Free cash flow was positive in 6 of 10 years, at a median 5.2% of revenue.

  • Discipline 4 / 20

    The diluted share count rose 9.5% over five years; stock-based pay has been a median 9.6% 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 (45 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 10, 2026. Analysts expect revenue of $25m and EPS of −$0.20 (range −$0.22 to −$0.18) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$1.12 −53% $99m −5%
Next −$0.19 +83% $109m +9%

Next year's EPS estimate has moved −359.1% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +194.7% on 90 days ago. In the last 30 days, 0 analysts raised Soundthinking, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Soundthinking, Inc., last 90 days
−$1.50 −$1.00 −$0.50 $0.00 $0.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.38 Current fiscal year, 60 days ago: −$0.38 Current fiscal year, 30 days ago: −$1.12 Current fiscal year, 7 days ago: −$1.12 Current fiscal year, Now: −$1.12 −$1.12 Next fiscal year, 90 days ago: $0.07 Next fiscal year, 60 days ago: $0.07 Next fiscal year, 30 days ago: −$0.19 Next fiscal year, 7 days ago: −$0.19 Next fiscal year, Now: −$0.19 −$0.19

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

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.38$0.07
60 days ago −$0.38$0.07
30 days ago −$1.12−$0.19
7 days ago −$1.12−$0.19
Now −$1.12−$0.19

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.18 −$0.29 −58.7%
Mar 2026 −$0.27 −$0.42 −59.1%
Dec 2025 −$0.18 −$0.20 −9.6%
Sept 2025 −$0.06 −$0.16 −166.7%

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

Analyst recommendations

6 analysts, Oct 2026
Buy00%
Hold6100%
Sell00%

Monthly trend

  1. Oct 202666
  2. Sep 202666
  3. Aug 2026246

Counts of recommendations published by analysts covering Soundthinking, 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
2.4%
of tradable shares
Days to cover
0.62
at average volume
Short interest, 1 month
−40%
to October 15, 2026
Held by institutions
56%
of shares
Held by insiders
27.5%
of shares
Employees
302
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 −10.8%

$9.35 on October 31, 2025 to $8.34

ThenNowEffect
Revenue (last 12 months) $104m $98m −5.7%
P/S multiple 1.1x 1.1x −3.8%
Share count 13m 13m −1.6%

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

Last 3 years −48.6%

$16.22 on November 3, 2023 to $8.34

ThenNowEffect
Revenue (last 12 months) $82m $98m +18.8%
P/S multiple 2.4x 1.1x −54.6%
Share count 12m 13m −4.6%

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 202120222023202420252026 to date
Return
SSTI−22%+15%−25%−49%−39%+4%
Industry peers (median)−7%−50%+19%+2%−20%−14%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
SSTI33%42%42%33%42%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
SSTI−44%−34%−63%−62%−69%−43%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since June 7, 2017: 91% from September 27, 2018 to September 24, 2026. Getting back needed a 1054% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$5.47 – $9.65
From 52-week high
−13.6%
vs 50-day average
+17.3%
vs 200-day average
+14.7%
Volatility (1 year)
80%
Beta vs S&P 500
1.08

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
5 up, 7 down
typical move ±12.4%
After a week
4 up, 8 down
typical move ±12.3%
After a month
6 up, 6 down
typical move ±16.0%
Results releasedNext dayS&P 500 next day5 days21 days
May 14, 2026 +7.8% −0.4% +8.1% +22.1%
March 3, 2026 −18.4% −0.2% −6.6% −15.8%
November 12, 2025 −12.9% −1.6% −24.7% −8.7%
August 12, 2025 +15.9% +1.4% +13.2% +15.2%
May 13, 2025 +1.0% +0.8% −4.3% +2.8%
February 25, 2025 +19.1% −0.4% +9.9% +34.3%
November 12, 2024 −10.4% −0.3% −5.8% +2.7%
May 14, 2024 −4.3% +1.7% −0.3% −4.5%
February 27, 2024 −1.6% +0.1% −8.3% −12.8%
November 7, 2023 +15.9% +0.4% +40.2% +49.5%
August 8, 2023 −19.8% −1.1% −1.2% −1.5%
May 9, 2023 −21.8% 0.0% −25.5% −21.7%

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.

Soundthinking, 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) Soundthinking, Inc.
$85M $90M $95M $100M $105M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $87.7M Revenue (TTM), FY23 Q4: $92.7M Revenue (TTM), FY24 Q1: $97.5M Revenue (TTM), FY24 Q2: $102.4M Revenue (TTM), FY24 Q3: $104.7M Revenue (TTM), FY24 Q4: $102M Revenue (TTM), FY25 Q1: $105M Revenue (TTM), FY25 Q2: $103.9M Revenue (TTM), FY25 Q3: $102.7M Revenue (TTM), FY25 Q4: $104.1M Revenue (TTM), FY26 Q1: $100M Revenue (TTM), FY26 Q2: $98M $98M

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

View chart data
Period Revenue (TTM)
FY23 Q3 $87.7M
FY23 Q4 $92.7M
FY24 Q1 $97.5M
FY24 Q2 $102.4M
FY24 Q3 $104.7M
FY24 Q4 $102M
FY25 Q1 $105M
FY25 Q2 $103.9M
FY25 Q3 $102.7M
FY25 Q4 $104.1M
FY26 Q1 $100M
FY26 Q2 $98M
Revenue growth, TTM YoY Soundthinking, Inc.
-10% 0% 10% 20% 30% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 18.5% Revenue growth, TTM YoY, FY23 Q4: 14.5% Revenue growth, TTM YoY, FY24 Q1: 21.3% Revenue growth, TTM YoY, FY24 Q2: 24.2% Revenue growth, TTM YoY, FY24 Q3: 19.4% Revenue growth, TTM YoY, FY24 Q4: 10.0% Revenue growth, TTM YoY, FY25 Q1: 7.7% Revenue growth, TTM YoY, FY25 Q2: 1.5% Revenue growth, TTM YoY, FY25 Q3: -1.8% Revenue growth, TTM YoY, FY25 Q4: 2.1% Revenue growth, TTM YoY, FY26 Q1: -4.8% Revenue growth, TTM YoY, FY26 Q2: -5.7% -5.7%

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

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 18.5%
FY23 Q4 14.5%
FY24 Q1 21.3%
FY24 Q2 24.2%
FY24 Q3 19.4%
FY24 Q4 10.0%
FY25 Q1 7.7%
FY25 Q2 1.5%
FY25 Q3 -1.8%
FY25 Q4 2.1%
FY26 Q1 -4.8%
FY26 Q2 -5.7%
Operating margin (TTM) Soundthinking, Inc.
-20% -15% -10% -5% 0% 5% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -6.4% Operating margin (TTM), FY23 Q4: -1.3% Operating margin (TTM), FY24 Q1: -2.1% Operating margin (TTM), FY24 Q2: 0.3% Operating margin (TTM), FY24 Q3: 0.7% Operating margin (TTM), FY24 Q4: -7.4% Operating margin (TTM), FY25 Q1: -5.8% Operating margin (TTM), FY25 Q2: -8.7% Operating margin (TTM), FY25 Q3: -9.7% Operating margin (TTM), FY25 Q4: -8.4% Operating margin (TTM), FY26 Q1: -14.4% Operating margin (TTM), FY26 Q2: -16.4% -16.4%

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

View chart data
Period Operating margin (TTM)
FY23 Q3 -6.4%
FY23 Q4 -1.3%
FY24 Q1 -2.1%
FY24 Q2 0.3%
FY24 Q3 0.7%
FY24 Q4 -7.4%
FY25 Q1 -5.8%
FY25 Q2 -8.7%
FY25 Q3 -9.7%
FY25 Q4 -8.4%
FY26 Q1 -14.4%
FY26 Q2 -16.4%
FCF margin (TTM) Soundthinking, Inc.
-5% 0% 5% 10% 15% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 7.4% FCF margin (TTM), FY23 Q4: 6.4% FCF margin (TTM), FY24 Q1: 11.8% FCF margin (TTM), FY24 Q2: 13.2% FCF margin (TTM), FY24 Q3: 16.9% FCF margin (TTM), FY24 Q4: 15.6% FCF margin (TTM), FY25 Q1: 11.4% FCF margin (TTM), FY25 Q2: 6.3% FCF margin (TTM), FY25 Q3: -1.0% FCF margin (TTM), FY25 Q4: 4.7% FCF margin (TTM), FY26 Q1: 4.4% FCF margin (TTM), FY26 Q2: -1.1% -1.1%

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

View chart data
Period FCF margin (TTM)
FY23 Q3 7.4%
FY23 Q4 6.4%
FY24 Q1 11.8%
FY24 Q2 13.2%
FY24 Q3 16.9%
FY24 Q4 15.6%
FY25 Q1 11.4%
FY25 Q2 6.3%
FY25 Q3 -1.0%
FY25 Q4 4.7%
FY26 Q1 4.4%
FY26 Q2 -1.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. 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 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 12 16 24 35 41 46 58 81 93 102 104 98
Gross profit 3 6 12 19 24 27 33 47 53 58 57 49
EBITDA −3 −2 −1 1 6 7 2 14 5 −2 −3 −10
Operating income −6 −5 −4 −3 2 1 −4 8 −1 −8 −9 −16
Net income −6 −7 −10 −3 2 1 −4 6 −3 −9 −9 −17
Diluted EPS −$1.00 −$1.07 −$1.61 −$0.26 $0.15 $0.10 −$0.38 $0.52 −$0.22 −$0.72 −$0.74 −$1.29
Growth (year on year)
Revenue — +31.5% +53.2% +46.2% +17.3% +12.2% +27.2% +39.3% +14.5% +10.0% +2.1% −5.7%
EBITDA — — — — +387.6% +3.0% −74.1% +717.3% −61.4% −130.1% — —
Operating income — — — — — −18.9% −414.7% — −116.0% — — —
Net income — — — — — −31.9% −461.7% — −142.6% — — —
Diluted EPS — — — — — −33.3% −480.0% — −142.3% — — —
Margins
Gross margin 29.6% 38.4% 48.8% 55.3% 59.7% 59.0% 55.9% 57.8% 56.9% 56.7% 54.4% 50.1%
EBITDA margin −27.6% −15.6% −5.1% 3.8% 15.9% 14.6% 3.0% 17.5% 5.9% −1.6% −2.6% −10.4%
Operating margin −46.8% −32.1% −18.2% −7.4% 3.9% 2.8% −7.0% 9.6% −1.3% −7.7% −8.4% −16.4%
Net margin −52.5% −44.2% −42.0% −7.8% 4.4% 2.7% −7.6% 7.9% −2.9% −9.0% −9.0% −16.9%
Free-cash-flow margin −48.0% −14.3% −12.8% −28.3% 21.8% 15.6% 3.4% 1.6% 6.4% 15.6% 4.7% −1.1%
Cash flow
Cash from operations −4 2 3 −1 14 11 10 12 11 22 9 3
Capital spending 2 4 6 8 5 4 8 11 5 6 4 5
Free cash flow −6 −2 −3 −10 9 7 2 1 6 16 5 −1
Stock-based pay 0 0 1 2 3 4 6 8 10 12 11 9
Free cash flow after stock pay −6 −2 −4 −12 6 3 −4 −7 −4 4 −7 −10
Balance sheet
Cash 4 4 20 10 25 16 16 10 6 13 16 6
Total debt 0 12 13 0 0 0 0 0 7 4 4 4
Net debt (negative = net cash) −4 8 −6 −10 −25 −16 −16 −10 1 −9 −12 −2
Diluted shares 6m 6m 6m 11m 12m 12m 12m 12m 12m 13m 13m 13m
Returned to shareholders
Buybacks — — — — 7 2 4 3 6 6 3 2
Total returned — — — — 7 2 4 3 6 6 3 2

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

1 of 2 checks passed · June 30, 2026
What it owns · $118m
Short-term assets $35mLonger-term assets $83m
What it owes, and who funded it · $118m
Short-term liabilities $48mLonger-term liabilities $5mShareholders' equity $66m
  • Short-term assets cover short-term liabilities $35m of assets due within a year against $48m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $35m short-term assets against $5m 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 Interest not separately reported. Not assessable.

From Soundthinking, 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

FY2026 Q2 TTM
Buybacks (TTM)
$2M
Returned to shareholders
-186%
of free cash flow
Buybacks, last 3 fiscal years
$14.6M
Diluted share count
+1.7%
year over year
Total shareholder yield
1.8%
dividends 0.0% + buybacks 1.8% of market value
R&D spending
16.8%
of revenue
Days sales outstanding
82 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in application software
Last 12 months unless stated SSTI RDVT PAAI WRD EGAN VERI Median
Revenue, last 12 months $98m $99m $101m $95m $91m $91m $482m
Revenue growth, last 12 months −5.7% 20.2% −31.4% 89.8% 3.1% 1.1% 12.0%
Revenue growth, 3-year average 5.9% 19.9% −17.8% — −2.4% −13.2% 11.1%
Revenue growth, latest quarter −7.7% 22.7% −50.7% — −4.7% 4.6% 11.9%
Gross margin 50.1% — 42.7% 30.2% 73.4% 72.4% 69.2%
Operating margin −16.4% 17.9% 18.9% −269.8% 8.7% −90.2% 1.1%
Operating margin, 3-year average −8.3% 12.9% 13.0% — 6.7% −90.2% −0.8%
Net margin −16.9% 16.5% 9.3% −241.7% 9.7% −117.5% 2.1%
Cash from operations / revenue 3.5% 34.4% 27.2% −193.1% 23.2% −55.0% 18.2%
Free-cash-flow margin −1.1% 33.9% 23.7% −229.2% 22.5% −60.1% 15.0%
Free-cash-flow margin, 3-year average 6.1% 31.7% 3.5% — 13.7% −46.6% 16.2%
Stock pay / revenue 9.3% 7.4% 0.3% — 3.1% 6.5% 9.3%
Change in share count 1.7% 0.1% 43.1% 214.3% −2.8% 34.1% 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 -5.7% 12.0% 167 of 184
Change in growth rate Growth -0.9pp +0.2pp 121 of 184
Gross margin Profitability 50.1% 69.8% 119 of 160
Operating margin Profitability -16.4% 1.1% 130 of 181
Net margin Profitability -16.9% 2.1% 132 of 185
Free-cash-flow margin Cash generation -1.1% 15.2% 130 of 180
Stock pay as % of revenue Cash generation 9.3% 9.3% 90 of 177
Change in share count Balance sheet 1.7% 1.7% 80 of 163
Days sales outstanding Balance sheet 82 days 57 days 121 of 162

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
Subscription Maintenance and Support Services $103M ▲ 4.0%
Catch Up $4.3M —
Professional Software Development Services $1M ▼ 65.5%

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

Geography
Region Revenue Share YoY
United States $101M 96.6% ▲ 1.3%
BS $3.5M 3.4% —

From Soundthinking, Inc.'s 10-K filed March 30, 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
$63.8M
Institutions reporting
77
Shares held vs prior quarter
▼ 11.8%
Positions opened / closed
19 / 29

Top buyers and sellers, Q2 2026: 48 institutions bought and 52 sold ; the biggest buyer was AQR Capital Management LLC (+172K shares) and the biggest seller Blackrock, Inc (−477K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Veradace Capital Management LLC $18.9M 2.1M 29.7% 0.0%
Kopion Asset Management, LLC $10.1M 1.1M 15.8% ▲ 14.6%
Rice Hall James & Associates, LLC $4.2M 467K 6.6% ▲ 5.1%
Vanguard Capital Management LLC $3.8M 416K 5.9% ▲ 1.8%
Blackrock, Inc. $3.2M 358K 5.1% ▼ 57.1%
AQR Capital Management LLC $2.7M 301K 4.3% ▲ 133.0%
Quantinno Capital Management LP $2.6M 285K 4.0% ▲ 20.4%
Pullen Investment Management, LLC $1.7M 193K 2.7% ▲ 3.2%
Jane Street Group, LLC $1.3M 139K 2.0% ▲ 192.9%
Goldman Sachs Group Inc $1.2M 132K 1.9% ▲ 47.1%
Marshall Wace, LLP $1.2M 130K 1.9% New
Acadian Asset Management LLC $1M 112K 1.6% ▲ 3.4%

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 Soundthinking, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $5M 15 trades by 1 insider, last 12 months Insider sales History → $23,747 3 trades by 2 insiders · 0% under pre-set plans
Net ▲ $5M net buying
Insider Date Trade Shares Price Value
Jochim David See remarks August 31, 2026 Sell 1,162 $6.05 $7,030
Veradace Partners Lp 10% owner February 24, 2026 Buy 15,773 $7.14 $112,619
Veradace Partners Lp 10% owner February 23, 2026 Buy 7,016 $7.04 $49,393
Veradace Partners Lp 10% owner February 19, 2026 Buy 8,748 $7.07 $61,848
Veradace Partners Lp 10% owner February 18, 2026 Buy 105,880 $7.14 $755,983
Veradace Partners Lp 10% owner February 17, 2026 Buy 31,000 $7.41 $229,710
Veradace Partners Lp 10% owner February 13, 2026 Buy 14,612 $7.64 $111,636
Veradace Partners Lp 10% owner February 12, 2026 Buy 78,696 $7.03 $553,233
Veradace Partners Lp 10% owner February 11, 2026 Buy 100,610 $7.03 $707,288
Veradace Partners Lp 10% owner February 10, 2026 Buy 10,616 $7.29 $77,391
Veradace Partners Lp 10% owner February 9, 2026 Buy 4,167 $6.95 $28,961
Veradace Partners Lp 10% owner February 6, 2026 Buy 105,097 $6.84 $718,863

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.

Earnings dates and SEC filings

Results announcements

Next expected around August 11, 2026 estimated from the company's past filing pattern, not announced

  • May 14, 2026
  • March 3, 2026
  • November 12, 2025
  • August 12, 2025
  • May 13, 2025
  • February 25, 2025

Recent SEC filings

Data status

When each part of this page on Soundthinking, 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.

Soundthinking, Inc. in brief

What does Soundthinking, Inc. do?
Soundthinking, Inc. is a US-listed company in the application software industry. Its financial year ends in December.
What is Soundthinking, Inc.'s stock ticker?
Soundthinking, Inc. trades under the ticker SSTI on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Soundthinking, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Soundthinking, Inc. reported revenue of $98M, 5.7% lower than a year earlier, according to its SEC filings.
What is Soundthinking, Inc.'s free cash flow?
Soundthinking, Inc.'s free-cash-flow margin is -1.1% of revenue over the trailing twelve months, ranking 130 of the 180 application software companies we cover.
Who are Soundthinking, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Veradace Capital Management LLC, Kopion Asset Management, LLC and Rice Hall James & Associates, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Soundthinking, Inc. buying back stock, and does it pay a dividend?
Soundthinking, Inc. spent $2M on share repurchases over the trailing twelve months, and its diluted share count still rose 1.7% over the year.
What is Soundthinking, Inc.'s market cap?
On November 2, 2026, Soundthinking, Inc.'s market capitalisation was about $107M and net debt of -$2.4M. Market figures come from third-party market data and may be delayed.
Who are Soundthinking, Inc.'s competitors?
In our Application Software peer group, the companies closest to Soundthinking, Inc. are Red Violet, Inc., Paradium.ai, Inc., Weride Inc., Egain Corp and Veritone, Inc. The side-by-side comparison below sets their revenue, margins and growth against Soundthinking, Inc.'s.
Are insiders buying or selling Soundthinking, Inc. stock?
Over the last 12 months, Soundthinking, Inc.'s directors and officers reported 15 open-market purchases and 3 sales on Form 4. The insider trading page charts every trade.
When is Soundthinking, Inc.'s next earnings date?
Around November 10, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Soundthinking, Inc. announces its own schedule.