Soundhound Ai (SOUNW) Gross Margin (2021 - 2026)
Soundhound Ai (SOUNW) posted Gross Margin of 31.09% for Q1 2026, down 35.03% sequentially from 47.86% in Q4 2025, and down 536.0% YoY from 7.13% in Q1 2025.
Soundhound Ai (SOUNW) Gross Margin (2021 - 2026) Analysis & Trends
Soundhound Ai has reported Gross Margin for 6 years, with the latest figure at 31.09% in Q1 2026.
- Quarterly Gross Margin fell 536.0% year-over-year to 31.09% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 40.59% (down 351.0% YoY) and the FY2025 annual result came in at 42.36%, down 651.0% from the prior year.
- Gross Margin declined to 31.09% in Q1 2026 per SOUNW's latest filing, from 47.86% in the prior quarter.
- Over five years, Gross Margin peaked at 79.09% in Q2 2023 and troughed at 31.09% in Q1 2026.
- A 5-year average of 57.31% and a median of 59.56% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin jumped 1953 bps in 2023, then plunged 3729 bps in 2024.
- Over 5 years, Gross Margin stood at 71.0% in 2022, then grew by 9 bps to 77.19% in 2023, then slumped by 48 bps to 39.9% in 2024, then rose by 20 bps to 47.86% in 2025, then slumped by 35 bps to 31.09% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 31.09%, 47.86%, and 42.62% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.14 Bn | 233.48 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 193.20 Bn | 188.25 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 181.45 Bn | 169.61 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 160.53 Bn | 155.14 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 133.04 Bn | 128.38 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.80 Bn | 111.85 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 113.03 Bn | 108.80 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 110.91 Bn | 105.29 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 101.34 Bn | 94.56 Bn | 7.24 Bn | 84.61% |
| 10 | Soundhound Ai | 643.63 Mn | 440.83 Mn | 27.93 Mn | 45.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 45.12% |
| Mar 31, 2026 | 31.09% |
| Dec 31, 2025 | 47.86% |
| Sep 30, 2025 | 42.62% |
| Jun 30, 2025 | 39.04% |
| Mar 31, 2025 | 36.45% |
| Dec 31, 2024 | 39.90% |
| Sep 30, 2024 | 48.59% |
| Jun 30, 2024 | 63.01% |
| Mar 31, 2024 | 59.73% |
| Dec 31, 2023 | 77.19% |
| Sep 30, 2023 | 72.94% |
| Jun 30, 2023 | 79.09% |
| Mar 31, 2023 | 70.54% |
| Dec 31, 2022 | 71.00% |
| Sep 30, 2022 | 76.91% |
| Jun 30, 2022 | 59.56% |
| Mar 31, 2022 | 58.67% |
| Dec 31, 2021 | 66.86% |
| Sep 30, 2021 | 58.86% |