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
DateValue
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