Soundhound Ai (SOUN) Tax Provisions (2021 - 2026)
Soundhound Ai's (SOUN) quarterly Tax Provisions came in at $2.2 million in Q2 2026, up 73.73% year-over-year from $1.3 million in Q2 2025, and up 173.43% quarter-over-quarter from $798000.0 in Q1 2026.
Analysis
Soundhound Ai (SOUN) Tax Provisions (2021 - 2026) Analysis & Trends
Soundhound Ai has disclosed Tax Provisions across 6 years of filings, most recently posting $2.2 million for Q2 2026.
- In Q2 2026, Tax Provisions rose 73.73% year-over-year to $2.2 million; the TTM figure through Jun 2026 stood at $5.6 million (up 169.55% YoY), while the FY2025 annual figure was $4.7 million, up 151.17% from the prior year.
- Tax Provisions came in at $2.2 million for Q2 2026 at Soundhound Ai, up from $798000.0 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.
- Average Tax Provisions over 5 years is $293277.8, with a median of $718000.0 recorded in 2024.
- Year-over-year, Tax Provisions surged 804.65% in 2022 and tumbled 772.07% in 2024.
- Over 5 years, Tax Provisions stood at $1.3 million in 2022, then gained by 24.09% to $1.6 million in 2023, then slumped by 80.65% to $311000.0 in 2024, then soared by 607.4% to $2.2 million in 2025, then slipped by 0.82% to $2.2 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $2.2 million in Q2 2026, $798000.0 in Q1 2026, and $2.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Baidu | 33.84 Bn | 11.45 Bn | 1.76 Mn | 147.00 Mn |
| 2 | Life360 | 3.59 Bn | 3.32 Bn | 126.90 Mn | -4.00 Mn |
| 3 | Soundhound Ai | 2.72 Bn | 2.52 Bn | 27.93 Mn | 2.18 Mn |
| 4 | C3.ai | 1.47 Bn | 892.91 Mn | 11.32 Mn | 111,000.00 |
| 5 | Spire Global | 486.56 Mn | 394.89 Mn | 6.16 Mn | 263,000.00 |
| 6 | Spectral Capital | 471.83 Mn | 466.30 Mn | 3.28 Mn | 173,000.00 |
| 7 | Global AI | 147.15 Mn | 147.11 Mn | 82,446.00 | - |
| 8 | Veritone | 90.16 Mn | 77.74 Mn | 15.46 Mn | -313,000.00 |
| 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 | 2.18 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 | 1.61 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 |