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

Soundhound Ai (SOUN) reported Operating Leases of $3.2 million for Q1 2026, up 26.13% on a YoY basis from $2.5 million in Q1 2025, and up 53.99% sequentially from $2.1 million in Q4 2025.

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

Soundhound Ai (SOUN) has 6 years of Operating Leases data on file, last reported at $3.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases rose 26.13% year-over-year to $3.2 million; the trailing twelve-month figure through Mar 2026 stood at $3.2 million (up 26.13% YoY), and the FY2025 full-year result was $2.1 million, down 13.9% from the prior year.
  • Operating Leases grew to $3.2 million in Q1 2026, 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 sank 59.07% in 2024 and rose 26.13% in 2026, its largest moves.
  • Tracing SOUN's Operating Leases over 5 years: stood at $5.7 million in 2022, then sank by 45.95% to $3.1 million in 2023, then dropped by 22.21% to $2.4 million in 2024, then slipped by 13.9% to $2.1 million in 2025, then jumped by 53.99% to $3.2 million in 2026.
  • Business Quant data shows SOUN's Operating Leases at $3.2 million in Q1 2026, $2.1 million in Q4 2025, and $2.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 Soundhound Ai 2.62 Bn 2.41 Bn 13.74 Mn

Historic Data

Download Data
DateValue
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