Soundhound Ai (SOUN) Tax Provisions (2021 - 2026)
Soundhound Ai (SOUN) reported Tax Provisions of $798000.0 for Q1 2026, down 2.56% on a YoY basis from $819000.0 in Q1 2025, and down 63.73% sequentially from $2.2 million in Q4 2025.
Soundhound Ai (SOUN) Tax Provisions (2021 - 2026) Analysis & Trends
Soundhound Ai (SOUN) has 6 years of Tax Provisions data on file, last reported at $798000.0 in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 2.56% year-over-year to $798000.0; the trailing twelve-month figure through Mar 2026 stood at $4.7 million (up 154.01% YoY), and the FY2025 full-year result was $4.7 million, up 151.17% from the prior year.
- Tax Provisions eased to $798000.0 in Q1 2026, from $2.2 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $2.2 million in Q4 2025 to a low of -$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.
- Across the five-year window, Tax Provisions jumped 804.65% in 2022 and slumped 772.07% in 2024, its largest moves.
- Tracing SOUN's Tax Provisions over 5 years: stood at $1.3 million in 2022, then gained by 23.01% to $1.6 million in 2023, then plunged by 80.48% to $311000.0 in 2024, then surged by 607.4% to $2.2 million in 2025, then plunged by 63.73% to $798000.0 in 2026.
- Business Quant data shows SOUN's Tax Provisions at $798000.0 in Q1 2026, $2.2 million in Q4 2025, and $457000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -936.60 Mn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -32.53 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -53.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 194.00 Mn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 614.00 Mn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 140.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 422.00 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -1.09 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 92.44 Mn |
| 10 | Soundhound Ai | 2.62 Bn | 2.41 Bn | 13.74 Mn | 798,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 43,000.00 |