Soundhound Ai (SOUNW) Cost of Revenue (2021 - 2026)
Soundhound Ai (SOUNW) posted Cost of Revenue of $30.5 million for Q1 2026, up 6.07% sequentially from $28.7 million in Q4 2025, and up 64.51% YoY from $18.5 million in Q1 2025.
Soundhound Ai (SOUNW) Cost of Revenue (2021 - 2026) Analysis & Trends
Soundhound Ai has reported Cost of Revenue for 6 years, with the latest figure at $30.5 million in Q1 2026.
- Quarterly Cost of Revenue rose 64.51% year-over-year to $30.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $109.3 million (up 91.27% YoY) and the FY2025 annual result came in at $97.4 million, up 124.82% from the prior year.
- Cost of Revenue advanced to $30.5 million in Q1 2026 per SOUNW's latest filing, from $28.7 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $30.5 million in Q1 2026 and troughed at $1.8 million in Q1 2022.
- A 5-year average of $11.3 million and a median of $4.7 million in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2024: Cost of Revenue fell 26.45% in 2023, then jumped 430.78% in 2024.
- Over 5 years, Cost of Revenue stood at $2.8 million in 2022, then soared by 41.96% to $3.9 million in 2023, then surged by 430.78% to $20.8 million in 2024, then jumped by 38.3% to $28.7 million in 2025, then climbed by 6.07% to $30.5 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $30.5 million, $28.7 million, and $24.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.14 Bn | 233.48 Bn | 16.51 Bn | 6.08 Bn |
| 2 | Shopify | 193.20 Bn | 188.25 Bn | 1.71 Bn | 1.88 Bn |
| 3 | Salesforce | 181.45 Bn | 169.61 Bn | 8.56 Bn | 2.57 Bn |
| 4 | Uber Technologies | 160.53 Bn | 155.14 Bn | 6.38 Bn | 7.82 Bn |
| 5 | ServiceNow | 133.04 Bn | 128.38 Bn | 2.82 Bn | 1.17 Bn |
| 6 | Snowflake | 114.80 Bn | 111.85 Bn | 926.45 Mn | 464.50 Mn |
| 7 | Automatic Data Processing | 113.03 Bn | 108.80 Bn | 2.51 Bn | 2.96 Bn |
| 8 | Adobe | 110.91 Bn | 105.29 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Intuit | 101.34 Bn | 94.56 Bn | 7.24 Bn | 1.32 Bn |
| 10 | Soundhound Ai | 643.63 Mn | 440.83 Mn | 27.93 Mn | 33.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.97 Mn |
| Jun 30, 2026 | 33.97 Mn |
| Mar 31, 2026 | 30.45 Mn |
| Mar 31, 2026 | 30.45 Mn |
| Dec 31, 2025 | 28.71 Mn |
| Dec 31, 2025 | 28.71 Mn |
| Sep 30, 2025 | 24.13 Mn |
| Sep 30, 2025 | 24.13 Mn |
| Jun 30, 2025 | 26.02 Mn |
| Jun 30, 2025 | 26.02 Mn |
| Mar 31, 2025 | 18.51 Mn |
| Mar 31, 2025 | 18.51 Mn |
| Dec 31, 2024 | 20.76 Mn |
| Dec 31, 2024 | 20.76 Mn |
| Sep 30, 2024 | 12.90 Mn |
| Sep 30, 2024 | 12.90 Mn |
| Jun 30, 2024 | 4.98 Mn |
| Jun 30, 2024 | 4.98 Mn |
| Mar 31, 2024 | 4.67 Mn |
| Mar 31, 2024 | 4.67 Mn |