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
DateValue
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