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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |