Soundhound Ai (SOUN) Tax Provisions (2021 - 2026)
Soundhound Ai (SOUN) posted Tax Provisions of $798000.0 for Q1 2026, down 63.73% sequentially from $2.2 million in Q4 2025, and down 2.56% YoY from $819000.0 in Q1 2025.
Soundhound Ai (SOUN) Tax Provisions (2021 - 2026) Analysis & Trends
Soundhound Ai has reported Tax Provisions for 6 years, with the latest figure at $798000.0 in Q1 2026.
- Quarterly Tax Provisions fell 2.56% year-over-year to $798000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.7 million (up 154.01% YoY) and the FY2025 annual result came in at $4.7 million, up 151.17% from the prior year.
- Tax Provisions eased to $798000.0 in Q1 2026 per SOUN's latest filing, from $2.2 million in the prior quarter.
- Over five years, Tax Provisions peaked at $2.2 million in Q4 2025 and troughed at -$10.5 million in Q3 2024.
- A 5-year average of $181352.9 and a median of $638000.0 in 2024 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2022 and 2024: Tax Provisions soared 804.65% in 2022, then plunged 772.07% in 2024.
- Over 5 years, Tax Provisions stood at $1.3 million in 2022, then grew by 23.01% to $1.6 million in 2023, then tumbled by 80.48% to $311000.0 in 2024, then surged by 607.4% to $2.2 million in 2025, then tumbled by 63.73% to $798000.0 in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $798000.0, $2.2 million, and $457000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -1.86 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 273.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 614.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 840.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 140.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -1.09 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 279.20 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 526.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 983.00 Mn |
| 10 | Soundhound Ai | 3.00 Bn | 2.79 Bn | 27.93 Mn | 2.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.18 Mn |
| Mar 31, 2026 | 798,000.00 |
| Dec 31, 2025 | 2.20 Mn |
| Sep 30, 2025 | 457,000.00 |
| Jun 30, 2025 | 1.26 Mn |
| Mar 31, 2025 | 819,000.00 |
| Dec 31, 2024 | 311,000.00 |
| Sep 30, 2024 | -10.49 Mn |
| Jun 30, 2024 | 638,000.00 |
| Mar 31, 2024 | 295,000.00 |
| Dec 31, 2023 | 1.59 Mn |
| Sep 30, 2023 | 1.56 Mn |
| Jun 30, 2023 | 417,000.00 |
| Mar 31, 2023 | 329,000.00 |
| Dec 31, 2022 | 1.30 Mn |
| Sep 30, 2022 | 864,000.00 |
| Jun 30, 2022 | 389,000.00 |
| Mar 31, 2022 | 352,000.00 |
| Dec 31, 2021 | -900,000.00 |
| Sep 30, 2021 | 1.19 Mn |