SoundHound AI Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	168.92	84.69	45.87	31.13	21.2
Revenue Growth (YoY)	99.45%	84.63%	47.36%	46.86%	62.84%
Cost of Revenue	97.37	43.31	11.31	9.6	6.59
Gross Profit	71.55	41.38	34.57	21.53	14.61
Selling, General & Admin	143.83	82.4	47.18	50.81	20.76
Depreciation & Amortization Expenses	15.87	7.12	-	-	-
Research & Development	98.25	70.56	51.44	76.39	59.18
Other Operating Expenses	-163.13	222.67	4.56	-	-
Total Operating Expenses	94.82	382.74	103.17	127.2	79.94
Operating Income	-23.27	-341.35	-68.61	-105.67	-65.33
Interest Expense	-0.67	-12.17	-16.73	-6.89	-8.34
Other Non-Operating Income (Expense)	14.67	-6.41	0.32	-1.26	-5.42
Total Non-Operating Income (Expense)	14	-18.58	-16.42	-8.15	-13.76
Pretax Income	-9.27	-359.93	-85.02	-113.82	-79.08
Provision for Income Taxes	4.73	-9.25	3.91	2.89	0.46
Net Income	-14.01	-351.1	-91.71	-116.71	-79.54
Net Income Attributable to Preferred Dividends	-	0.42	2.77	-	-
Net Income to Common	-14.01	-351.1	-91.71	-116.71	-79.54
Shares Outstanding (Basic)	405	338	229	157	157
Shares Outstanding (Diluted)	409	338	229	157	157
Shares Change (YoY)	20.97%	47.63%	45.73%	-	-98.67%
EPS (Basic)	-0.03	-1.04	-0.40	-0.74	-1.18
EPS (Diluted)	-0.28	-1.04	-0.40	-0.74	-1.18
Shares Outstanding	422.61	393.63	254.43	200.03	-
Free Cash Flow	-99.12	-109.52	-68.66	-95.35	-66.81
Free Cash Flow Per Share	-0.24	-0.32	-0.30	-0.61	-0.42
Gross Margin	42.36%	48.86%	75.35%	69.16%	68.93%
Operating Margin	-13.78%	-403.05%	-149.56%	-339.46%	-308.19%
Profit Margin	-8.29%	-414.06%	-193.88%	-374.93%	-375.24%
FCF Margin	-58.68%	-129.31%	-149.67%	-306.30%	-315.20%
EBITDA	10.86	-325.3	-66.3	-101.64	-59.83
EBITDA Margin	6.43%	-384.09%	-144.52%	-326.50%	-282.23%
EBIT	-23.27	-341.35	-68.61	-105.67	-65.33
EBIT Margin	-13.78%	-403.05%	-149.56%	-339.46%	-308.19%
Effective Tax Rate	-51.02%	2.57%	-4.60%	-2.54%	-0.58%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q