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| Date | Value |
|---|---|
| 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% |