Soundhound Ai (SOUNW) Operating Leases (2021 - 2026)
Soundhound Ai's (SOUNW) quarterly Operating Leases came in at $3.2 million in Q1 2026, up 26.13% year-on-year from $2.5 million in Q1 2025, and up 53.99% quarter-over-quarter from $2.1 million in Q4 2025.
Soundhound Ai (SOUNW) Operating Leases (2021 - 2026) Analysis & Trends
Soundhound Ai has disclosed Operating Leases across 6 years of filings, most recently posting $3.2 million for Q1 2026.
- Operating Leases for Q1 2026 came in at $3.2 million, up 26.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.2 million (up 26.13% YoY), and the FY2025 annual result was $2.1 million, down 13.9% from the prior year.
- Operating Leases came in at $3.2 million for Q1 2026 at Soundhound Ai, up from $2.1 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $7.1 million in Q2 2022 to a low of $2.1 million in Q1 2024.
- The 5-year median for Operating Leases is $2.8 million (2023), against an average of $3.5 million.
- Across the five-year window, Operating Leases tumbled 59.07% in 2024 and rose 26.13% in 2026, its largest moves.
- Soundhound Ai's Operating Leases stood at $5.7 million in 2022, then plunged by 45.95% to $3.1 million in 2023, then declined by 22.21% to $2.4 million in 2024, then dropped by 13.9% to $2.1 million in 2025, then surged by 53.99% to $3.2 million in 2026.
- The last three Operating Leases figures came in at $3.2 million (Q1 2026), $2.1 million (Q4 2025), and $2.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn |
| 10 | Soundhound Ai | - | - | 13.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.19 Mn |
| Dec 31, 2025 | 2.07 Mn |
| Sep 30, 2025 | 2.48 Mn |
| Jun 30, 2025 | 2.27 Mn |
| Mar 31, 2025 | 2.53 Mn |
| Dec 31, 2024 | 2.40 Mn |
| Sep 30, 2024 | 2.24 Mn |
| Jun 30, 2024 | 2.18 Mn |
| Mar 31, 2024 | 2.07 Mn |
| Dec 31, 2023 | 3.09 Mn |
| Sep 30, 2023 | 3.66 Mn |
| Jun 30, 2023 | 4.36 Mn |
| Mar 31, 2023 | 5.05 Mn |
| Dec 31, 2022 | 5.72 Mn |
| Sep 30, 2022 | 6.24 Mn |
| Jun 30, 2022 | 7.12 Mn |
| Dec 31, 2021 | 8.61 Mn |