Soundhound Ai (SOUN) Operating Leases (2021 - 2026)
Soundhound Ai (SOUN) reported Operating Leases of $2.76 million for Q2 2026, up 21.2% from $2.27 million a year earlier but down 13.5% from the prior quarter.
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Analysis
Soundhound Ai (SOUN) Operating Leases (2021 - 2026) Analysis & Trends
At the end of FY2025, Soundhound Ai posted Operating Leases of $2.07 million, down 13.9% from FY2024.
- Operating Leases has declined for four consecutive years, with a four-year compound annual growth rate of -30.0% (FY2021 to FY2025).
- By year, Operating Leases came in at $2.4 million in FY2024 (-22.2%), $3.09 million in FY2023 (-45.9%), $5.72 million in FY2022 (-33.6%) and $8.61 million in FY2021.
- Five-year quarterly Operating Leases spans a low of $2.07 million in Q1 2024 and a high of $8.61 million in Q4 2021.
- Year over year, Operating Leases gained in five of the last eight quarters, with growth averaging 1.3%.
- The high point for year-over-year Operating Leases in five years was Q1 2026 (growth of 26.1%); the low point was Q1 2024 (a decline of 59.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $3.19 million (Q1 2026), $2.07 million (Q4 2025) and $2.48 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn |
| 10 | Soundhound Ai | 2.35 Bn | 1.42 Bn | 27.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.76 Mn |
| Mar 31, 2026 | 3.19 Mn |
| Dec 31, 2025 | 2.07 Mn |
| Sep 30, 2025 | 2.48 Mn |
| Jun 30, 2025 | 2.27 Mn |
| Mar 31, 2025 | 2.53 Mn |
| Dec 31, 2024 | 2.40 Mn |
| Sep 30, 2024 | 2.24 Mn |
| Jun 30, 2024 | 2.18 Mn |
| Mar 31, 2024 | 2.07 Mn |
| Dec 31, 2023 | 3.09 Mn |
| Sep 30, 2023 | 3.66 Mn |
| Jun 30, 2023 | 4.36 Mn |
| Mar 31, 2023 | 5.05 Mn |
| Dec 31, 2022 | 5.72 Mn |
| Sep 30, 2022 | 6.24 Mn |
| Jun 30, 2022 | 7.12 Mn |
| Dec 31, 2021 | 8.61 Mn |
API Access
Soundhound Ai Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=SOUN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "SOUN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=SOUN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();