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
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 6.24 Mn
Jun 30, 2022 7.12 Mn
Dec 31, 2021 8.61 Mn