Soundhound Ai (SOUN) Tax Rate (2021 - 2026)

Soundhound Ai (SOUN) reported Tax Rate of 3.29% for Q1 2026, down 392.0% on a YoY basis from 1.13% in Q1 2025, and down 163.26% sequentially from 5.21% in Q4 2025.

Soundhound Ai (SOUN) Tax Rate (2021 - 2026) Analysis & Trends

Soundhound Ai (SOUN) has 6 years of Tax Rate data on file, last reported at 3.29% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 392.0% year-over-year to 3.29%; the trailing twelve-month figure through Mar 2026 stood at 2.87% (down 731.0% YoY), and the FY2025 full-year result was 51.02%, down 5359.0% from the prior year.
  • Tax Rate fell to 3.29% in Q1 2026, from 5.21% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 32.54% in Q3 2024 to a low of 9.72% in Q4 2023.
  • A 5-year average of 0.06% and a median of 1.42% in 2022 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate soared 4091 bps in 2024 and plunged 3296 bps in 2025, its largest moves.
  • Tracing SOUN's Tax Rate over 5 years: stood at 4.38% in 2022, then sank by 122 bps to 9.72% in 2023, then soared by 99 bps to 0.12% in 2024, then soared by 4424 bps to 5.21% in 2025, then plunged by 163 bps to 3.29% in 2026.
  • Business Quant data shows SOUN's Tax Rate at 3.29% in Q1 2026, 5.21% in Q4 2025, and 0.42% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -29.13%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -18.42%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 8.36%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 39.11%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 22.57%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 31.96%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 23.68%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.37%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 21.59%
10 Soundhound Ai 2.62 Bn 2.41 Bn 13.74 Mn -3.29%

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.29%
Mar 31, 2026 -3.29%
Mar 31, 2026 -3.29%
Dec 31, 2025 5.21%
Dec 31, 2025 5.21%
Dec 31, 2025 5.21%
Sep 30, 2025 -0.42%
Sep 30, 2025 -0.42%
Sep 30, 2025 -0.42%
Jun 30, 2025 -1.71%
Jun 30, 2025 -1.71%
Jun 30, 2025 -1.71%
Mar 31, 2025 0.63%
Mar 31, 2025 0.63%
Mar 31, 2025 0.63%
Dec 31, 2024 -0.12%
Dec 31, 2024 -0.12%
Dec 31, 2024 -0.12%
Sep 30, 2024 32.54%
Sep 30, 2024 32.54%