Soundhound Ai SOUN
NASDAQ SOUN
$6.74 +0.00 (+0.00%)
At close: Sep 4, 2026 · 4:00 PM EDT

Soundhound Ai (SOUN) Cost of Revenue (2021 - 2026)

Soundhound Ai's (SOUN) quarterly Cost of Revenue came in at $34.0 million in Q2 2026, up 30.54% year-over-year from $26.0 million in Q2 2025, and up 11.54% quarter-over-quarter from $30.5 million in Q1 2026.

Analysis

Soundhound Ai (SOUN) Cost of Revenue (2021 - 2026) Analysis & Trends

Soundhound Ai has disclosed Cost of Revenue across 6 years of filings, most recently posting $34.0 million for Q2 2026.

  • In Q2 2026, Cost of Revenue rose 30.54% year-over-year to $34.0 million; the TTM figure through Jun 2026 stood at $117.3 million (up 49.96% YoY), while the FY2025 annual figure was $97.4 million, up 124.82% from the prior year.
  • Cost of Revenue came in at $34.0 million for Q2 2026 at Soundhound Ai, up from $30.5 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $34.0 million in Q2 2026 to a low of $1.8 million in Q1 2022.
  • Average Cost of Revenue over 5 years is $12.6 million, with a median of $4.8 million recorded in 2024.
  • Year-over-year, Cost of Revenue declined 26.45% in 2023 and soared 430.78% in 2024.
  • Over 5 years, Cost of Revenue stood at $2.8 million in 2022, then jumped by 41.96% to $3.9 million in 2023, then soared by 430.78% to $20.8 million in 2024, then surged by 38.3% to $28.7 million in 2025, then increased by 18.31% to $34.0 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $34.0 million in Q2 2026, $30.5 million in Q1 2026, and $28.7 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Baidu 33.84 Bn 11.45 Bn 1.76 Mn 2.82 Bn
2 Life360 3.59 Bn 3.32 Bn 126.90 Mn 32.06 Mn
3 Soundhound Ai 2.72 Bn 2.52 Bn 27.93 Mn 33.97 Mn
4 C3.ai 1.47 Bn 892.91 Mn 11.32 Mn 40.28 Mn
5 Spire Global 486.56 Mn 394.89 Mn 6.16 Mn 11.89 Mn
6 Spectral Capital 471.83 Mn 466.30 Mn 3.28 Mn 315.00 Mn
7 Global AI 147.15 Mn 147.11 Mn 82,446.00 33,278.00
8 Veritone 90.16 Mn 77.74 Mn 15.46 Mn 8.81 Mn
9 Agassi Sports Entertainment 81.18 Mn 81.11 Mn - -
10 Brand Engagement Network 78.57 Mn 69.57 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 33.97 Mn
Mar 31, 2026 30.45 Mn
Dec 31, 2025 28.71 Mn
Sep 30, 2025 24.13 Mn
Jun 30, 2025 26.02 Mn
Mar 31, 2025 18.51 Mn
Dec 31, 2024 20.76 Mn
Sep 30, 2024 12.90 Mn
Jun 30, 2024 4.98 Mn
Mar 31, 2024 4.67 Mn
Dec 31, 2023 3.91 Mn
Sep 30, 2023 3.59 Mn
Jun 30, 2023 1.83 Mn
Mar 31, 2023 1.98 Mn
Dec 31, 2022 2.76 Mn
Sep 30, 2022 2.58 Mn
Jun 30, 2022 2.49 Mn
Mar 31, 2022 1.77 Mn
Dec 31, 2021 1.71 Mn
Sep 30, 2021 1.66 Mn