SoundHound AI Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	183.99	168.92	84.69	45.87	31.13	21.2
Revenue Growth (YoY)	79.98%	99.45%	84.63%	47.36%	46.86%	62.84%
Cost of Revenue	109.31	97.37	43.31	11.31	9.6	6.59
Gross Profit	26.35	71.55	41.38	34.57	21.53	14.61
Selling, General & Admin	158.31	143.83	82.4	47.18	50.81	20.76
Depreciation & Amortization Expenses	17.14	15.87	7.12	-	-	-
Research & Development	99.69	98.25	70.56	51.44	76.39	59.18
Other Operating Expenses	-26.42	-163.13	222.67	4.56	-	-
Total Operating Expenses	248.72	94.82	382.74	103.17	127.2	79.94
Operating Income	-174.04	-23.27	-341.35	-68.61	-105.67	-65.33
Interest Expense	-0.51	-0.67	-12.17	-16.73	-6.89	-8.34
Other Non-Operating Income (Expense)	11.98	14.67	-6.41	0.32	-1.26	-5.42
Total Non-Operating Income (Expense)	11.48	14	-18.58	-16.42	-8.15	-13.76
Pretax Income	-164.26	-9.27	-359.93	-85.02	-113.82	-79.08
Provision for Income Taxes	4.71	4.73	-9.25	3.91	2.89	0.46
Net Income	-168.97	-14.01	-350.68	-88.94	-116.71	-79.54
Net Income Attributable to Preferred Dividends	-	-	0.42	2.77	-	-
Net Income to Common	-168.97	-14.01	-351.1	-91.71	-116.71	-79.54
Shares Outstanding (Basic)	412	405	338	229	157	157
Shares Outstanding (Diluted)	417	409	338	229	157	157
Shares Change (YoY)	12.67%	20.97%	47.63%	45.73%	-	-98.67%
EPS (Basic)	-0.42	-0.03	-1.04	-0.40	-0.74	-1.18
EPS (Diluted)	-0.60	-0.28	-1.04	-0.40	-0.74	-1.18
Free Cash Flow	-106.5	-99.12	-109.52	-68.66	-95.35	-66.81
Free Cash Flow Per Share	-0.26	-0.24	-0.32	-0.30	-0.61	-0.42
Gross Margin	14.32%	42.36%	48.86%	75.35%	69.16%	68.93%
Operating Margin	-94.59%	-13.78%	-403.05%	-149.56%	-339.46%	-308.19%
Profit Margin	-91.84%	-8.29%	-414.06%	-193.88%	-374.93%	-375.24%
FCF Margin	-57.89%	-58.68%	-129.31%	-149.67%	-306.30%	-315.20%
EBITDA	-137.7	10.86	-325.3	-66.3	-101.64	-59.83
EBITDA Margin	-74.84%	6.43%	-384.09%	-144.52%	-326.50%	-282.23%
EBIT	-174.04	-23.27	-341.35	-68.61	-105.67	-65.33
EBIT Margin	-94.59%	-13.78%	-403.05%	-149.56%	-339.46%	-308.19%
Effective Tax Rate	-2.87%	-51.02%	2.57%	-4.60%	-2.54%	-0.58%

SEC Filings: 10-K · 10-Q