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
DateValue
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