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

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

Soundhound Ai's (SOUN) quarterly Operating Leases came in at $2.8 million in Q2 2026, up 21.2% year-over-year from $2.3 million in Q2 2025, and down 13.5% quarter-over-quarter from $3.2 million in Q1 2026.

Analysis

Soundhound Ai (SOUN) Operating Leases (2021 - 2026) Analysis & Trends

Soundhound Ai has disclosed Operating Leases across 6 years of filings, most recently posting $2.8 million for Q2 2026.

  • In Q2 2026, Operating Leases rose 21.2% year-over-year to $2.8 million; the TTM figure through Jun 2026 stood at $2.8 million (up 21.2% YoY), while the FY2025 annual figure was $2.1 million, down 13.9% from the prior year.
  • Operating Leases came in at $2.8 million for Q2 2026 at Soundhound Ai, down from $3.2 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $9.5 million in Q3 2022 to a low of $2.1 million in Q1 2024.
  • Average Operating Leases over 5 years is $3.7 million, with a median of $2.8 million recorded in 2026.
  • Year-over-year, Operating Leases plunged 61.51% in 2023 and gained 26.13% in 2026.
  • Over 5 years, Operating Leases stood at $5.7 million in 2022, then slumped by 45.95% to $3.1 million in 2023, then declined by 22.21% to $2.4 million in 2024, then dropped by 13.9% to $2.1 million in 2025, then jumped by 33.2% to $2.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $2.8 million in Q2 2026, $3.2 million in Q1 2026, and $2.1 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Baidu 33.84 Bn 11.45 Bn 1.76 Mn
2 Life360 3.59 Bn 3.32 Bn 126.90 Mn
3 Soundhound Ai 2.72 Bn 2.52 Bn 27.93 Mn
4 C3.ai 1.47 Bn 892.91 Mn 11.32 Mn
5 Spire Global 486.56 Mn 394.89 Mn 6.16 Mn
6 Spectral Capital 471.83 Mn 466.30 Mn 3.28 Mn
7 Global AI 147.15 Mn 147.11 Mn 82,446.00
8 Veritone 90.16 Mn 77.74 Mn 15.46 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 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 9.52 Mn
Jun 30, 2022 7.12 Mn
Dec 31, 2021 8.61 Mn