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
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 | 9.52 Mn |
| Jun 30, 2022 | 7.12 Mn |
| Dec 31, 2021 | 8.61 Mn |