Soundhound Ai (SOUNW) Cost of Revenue (2021 - 2026)

Soundhound Ai's (SOUNW) quarterly Cost of Revenue came in at $30.5 million in Q1 2026, up 153.63% year-on-year from $12.0 million in Q1 2025, and up 533.8% quarter-over-quarter from -$7.0 million in Q4 2025.

Soundhound Ai (SOUNW) Cost of Revenue (2021 - 2026) Analysis & Trends

Soundhound Ai has disclosed Cost of Revenue across 6 years of filings, most recently posting $30.5 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $30.5 million, up 153.63% year-over-year; the trailing twelve-month figure through Mar 2026 was $55.7 million (up 56.36% YoY), and the FY2025 annual result was $61.6 million, up 111.63% from the prior year.
  • Cost of Revenue came in at $30.5 million for Q1 2026 at Soundhound Ai, up from -$7.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $30.5 million in Q1 2026 to a low of -$7.0 million in Q4 2025.
  • The 5-year median for Cost of Revenue is $5.7 million (2024), against an average of $7.3 million.
  • Across the five-year window, Cost of Revenue slumped 530.72% in 2022 and jumped 385.71% in 2023, its largest moves.
  • Soundhound Ai's Cost of Revenue stood at -$4.0 million in 2022, then surged by 385.71% to $11.5 million in 2023, then declined by 16.8% to $9.6 million in 2024, then tumbled by 173.38% to -$7.0 million in 2025, then jumped by 533.8% to $30.5 million in 2026.
  • The last three Cost of Revenue figures came in at $30.5 million (Q1 2026), -$7.0 million (Q4 2025), and $16.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 245.77 Bn 227.80 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 173.38 Bn 170.83 Bn - 55.33 Mn
3 Salesforce 149.14 Bn 137.30 Bn 8.56 Bn 3.77 Bn
4 Uber Technologies 141.25 Bn 140.21 Bn 11.88 Bn 1.33 Bn
5 Shopify 141.09 Bn 135.35 Bn 1.55 Bn 1.62 Bn
6 ServiceNow 109.96 Bn 104.78 Bn 2.83 Bn 940.00 Mn
7 Cadence Design Systems 104.55 Bn 103.15 Bn 1.26 Bn 211.49 Mn
8 Adobe 95.76 Bn 88.87 Bn 5.73 Bn 1.71 Bn
9 Automatic Data Processing 93.36 Bn 90.13 Bn 2.87 Bn 3.07 Bn
10 Soundhound Ai - - 13.74 Mn 30.45 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 30.45 Mn
Mar 31, 2026 30.45 Mn
Dec 31, 2025 -7.02 Mn
Dec 31, 2025 -7.02 Mn
Sep 30, 2025 16.38 Mn
Sep 30, 2025 16.38 Mn
Jun 30, 2025 15.84 Mn
Jun 30, 2025 15.84 Mn
Mar 31, 2025 12.01 Mn
Mar 31, 2025 12.01 Mn
Dec 31, 2024 9.57 Mn
Dec 31, 2024 9.57 Mn
Sep 30, 2024 8.36 Mn
Sep 30, 2024 8.36 Mn
Jun 30, 2024 5.66 Mn
Jun 30, 2024 5.66 Mn
Mar 31, 2024 4.67 Mn
Mar 31, 2024 4.67 Mn
Dec 31, 2023 11.50 Mn
Dec 31, 2023 11.50 Mn