Soundhound Ai (SOUN) Operating Leases (2021 - 2026)
Soundhound Ai (SOUN) posted Operating Leases of $3.2 million for Q1 2026, up 53.99% sequentially from $2.1 million in Q4 2025, and up 26.13% YoY from $2.5 million in Q1 2025.
Soundhound Ai (SOUN) Operating Leases (2021 - 2026) Analysis & Trends
Soundhound Ai has reported Operating Leases for 6 years, with the latest figure at $3.2 million in Q1 2026.
- Quarterly Operating Leases rose 26.13% year-over-year to $3.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.2 million (up 26.13% YoY) and the FY2025 annual result came in at $2.1 million, down 13.9% from the prior year.
- Operating Leases grew to $3.2 million in Q1 2026 per SOUN's latest filing, from $2.1 million in the prior quarter.
- Over five years, Operating Leases peaked at $7.1 million in Q2 2022 and troughed at $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.
- The sharpest annual moves came in 2024 and 2026: Operating Leases tumbled 59.07% in 2024, then advanced 26.13% in 2026.
- Over 5 years, Operating Leases stood at $5.7 million in 2022, then plunged by 45.95% to $3.1 million in 2023, then retreated by 22.21% to $2.4 million in 2024, then fell by 13.9% to $2.1 million in 2025, then jumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Soundhound Ai | 3.00 Bn | 2.79 Bn | 27.93 Mn |
Historic Data
Download 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 |