Soundhound Ai (SOUN) Operating Leases (2021 - 2026)

Soundhound Ai's Operating Leases history runs 6 years deep, the most recent figure standing at $3.2 million for Q1 2026.

• In Q1 2026, Operating Leases rose 26.13% year-over-year to $3.2 million; the TTM figure through Mar 2026 stood at $3.2 million (up 26.13% YoY), while the FY2025 annual figure was $2.1 million, down 13.9% from the prior year.
• Operating Leases came in at $3.2 million for Q1 2026 at Soundhound Ai, up from $2.1 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $7.1 million in Q2 2022 to a low of $2.1 million in Q1 2024.
• A 5-year average of $3.5 million and a median of $2.8 million in 2023 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases slumped 59.07% in 2024 and gained 26.13% in 2026, its largest moves.
• Soundhound Ai's Operating Leases stood at $5.7 million in 2022, then tumbled by 45.95% to $3.1 million in 2023, then fell by 22.21% to $2.4 million in 2024, then declined by 13.9% to $2.1 million in 2025, then soared by 53.99% to $3.2 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $3.2 million, $2.1 million, and $2.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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