Soundhound Ai (SOUN) Cost of Revenue (2021 - 2026)
Soundhound Ai (SOUN) reported Cost of Revenue of $30.5 million for Q1 2026, up 64.51% on a YoY basis from $18.5 million in Q1 2025, and up 6.07% sequentially from $28.7 million in Q4 2025.
Soundhound Ai (SOUN) Cost of Revenue (2021 - 2026) Analysis & Trends
Soundhound Ai (SOUN) has 6 years of Cost of Revenue data on file, last reported at $30.5 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 64.51% year-over-year to $30.5 million; the trailing twelve-month figure through Mar 2026 stood at $109.3 million (up 91.27% YoY), and the FY2025 full-year result was $97.4 million, up 124.82% from the prior year.
- Cost of Revenue advanced to $30.5 million in Q1 2026, from $28.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $30.5 million in Q1 2026 to a low of $1.8 million in Q1 2022.
- A 5-year average of $11.3 million and a median of $4.7 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue dropped 26.45% in 2023 and surged 430.78% in 2024, its largest moves.
- Tracing SOUN's Cost of Revenue over 5 years: stood at $2.8 million in 2022, then soared by 41.96% to $3.9 million in 2023, then surged by 430.78% to $20.8 million in 2024, then jumped by 38.3% to $28.7 million in 2025, then rose by 6.07% to $30.5 million in 2026.
- Business Quant data shows SOUN's Cost of Revenue at $30.5 million in Q1 2026, $28.7 million in Q4 2025, and $24.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | Soundhound Ai | 2.69 Bn | 2.47 Bn | 13.74 Mn | 30.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.45 Mn |
| Mar 31, 2026 | 30.45 Mn |
| Dec 31, 2025 | 28.71 Mn |
| Dec 31, 2025 | 28.71 Mn |
| Sep 30, 2025 | 24.13 Mn |
| Sep 30, 2025 | 24.13 Mn |
| Jun 30, 2025 | 26.02 Mn |
| Jun 30, 2025 | 26.02 Mn |
| Mar 31, 2025 | 18.51 Mn |
| Mar 31, 2025 | 18.51 Mn |
| Dec 31, 2024 | 20.76 Mn |
| Dec 31, 2024 | 20.76 Mn |
| Sep 30, 2024 | 12.90 Mn |
| Sep 30, 2024 | 12.90 Mn |
| Jun 30, 2024 | 4.98 Mn |
| Jun 30, 2024 | 4.98 Mn |
| Mar 31, 2024 | 4.67 Mn |
| Mar 31, 2024 | 4.67 Mn |
| Dec 31, 2023 | 3.91 Mn |
| Dec 31, 2023 | 3.91 Mn |