Soundhound Ai (SOUNW) Gross Margin (2021 - 2026)
Soundhound Ai's (SOUNW) quarterly Gross Margin came in at 31.09% in Q1 2026, down 2769.0% year-on-year from 1.17% in Q1 2025, and down 72.42% quarter-over-quarter from 112.75% in Q4 2025.
Soundhound Ai (SOUNW) Gross Margin (2021 - 2026) Analysis & Trends
Soundhound Ai has disclosed Gross Margin across 6 years of filings, most recently posting 31.09% for Q1 2026.
- Gross Margin for Q1 2026 came in at 31.09%, down 2769.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 69.75% (up 457.0% YoY), and the FY2025 annual result was 63.51%, down 210.0% from the prior year.
- Gross Margin came in at 31.09% for Q1 2026 at Soundhound Ai, down from 112.75% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 142.35% in Q4 2022 to a low of 31.09% in Q1 2026.
- The 5-year median for Gross Margin is 61.04% (2025), against an average of 65.54%.
- Across the five-year window, Gross Margin slumped 10940 bps in 2023 and surged 4044 bps in 2025, its largest moves.
- Soundhound Ai's Gross Margin stood at 142.35% in 2022, then tumbled by 77 bps to 32.95% in 2023, then surged by 119 bps to 72.31% in 2024, then jumped by 56 bps to 112.75% in 2025, then tumbled by 72 bps to 31.09% in 2026.
- The last three Gross Margin figures came in at 31.09% (Q1 2026), 112.75% (Q4 2025), and 61.04% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 89.96% |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | 48.77% |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 75.07% |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 85.65% |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 89.62% |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | 48.28% |
| 10 | Soundhound Ai | - | - | 13.74 Mn | 31.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.09% |
| Dec 31, 2025 | 112.75% |
| Sep 30, 2025 | 61.04% |
| Jun 30, 2025 | 62.90% |
| Mar 31, 2025 | 58.78% |
| Dec 31, 2024 | 72.31% |
| Sep 30, 2024 | 66.67% |
| Jun 30, 2024 | 57.99% |
| Mar 31, 2024 | 59.73% |
| Dec 31, 2023 | 32.95% |
| Sep 30, 2023 | 66.30% |
| Jun 30, 2023 | 79.09% |
| Mar 31, 2023 | 70.54% |
| Dec 31, 2022 | 142.35% |
| Sep 30, 2022 | 40.35% |
| Jun 30, 2022 | 59.56% |
| Mar 31, 2022 | 39.84% |
| Dec 31, 2021 | 112.39% |
| Sep 30, 2021 | 58.86% |
| Jun 30, 2021 | 80.34% |