Soundhound Ai (SOUNW) Tax Provisions (2021 - 2026)
Soundhound Ai's (SOUNW) quarterly Tax Provisions came in at $798000.0 in Q1 2026, down 2.56% year-on-year from $819000.0 in Q1 2025, and down 63.73% quarter-over-quarter from $2.2 million in Q4 2025.
Soundhound Ai (SOUNW) Tax Provisions (2021 - 2026) Analysis & Trends
Soundhound Ai has disclosed Tax Provisions across 6 years of filings, most recently posting $798000.0 for Q1 2026.
- Tax Provisions for Q1 2026 came in at $798000.0, down 2.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.7 million (up 154.3% YoY), and the FY2025 annual result was $4.7 million, up 151.43% from the prior year.
- Tax Provisions came in at $798000.0 for Q1 2026 at Soundhound Ai, down from $2.2 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $2.2 million in Q4 2025 to a low of -$10.5 million in Q3 2024.
- The 5-year median for Tax Provisions is $638000.0 (2024), against an average of $184941.2.
- Across the five-year window, Tax Provisions jumped 804.65% in 2022 and plunged 772.07% in 2024, its largest moves.
- Soundhound Ai's Tax Provisions stood at $1.3 million in 2022, then gained by 24.09% to $1.6 million in 2023, then plunged by 77.72% to $358000.0 in 2024, then surged by 514.53% to $2.2 million in 2025, then tumbled by 63.73% to $798000.0 in 2026.
- The last three Tax Provisions figures came in at $798000.0 (Q1 2026), $2.2 million (Q4 2025), and $457000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | -32.53 Mn |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 614.00 Mn |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 194.00 Mn |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | -53.00 Mn |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 204.00 Mn |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 92.44 Mn |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 533.00 Mn |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | 422.00 Mn |
| 10 | Soundhound Ai | - | - | 13.74 Mn | 798,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 798,000.00 |
| Dec 31, 2025 | 2.20 Mn |
| Sep 30, 2025 | 457,000.00 |
| Jun 30, 2025 | 1.26 Mn |
| Mar 31, 2025 | 819,000.00 |
| Dec 31, 2024 | 358,000.00 |
| Sep 30, 2024 | -10.49 Mn |
| Jun 30, 2024 | 638,000.00 |
| Mar 31, 2024 | 295,000.00 |
| Dec 31, 2023 | 1.61 Mn |
| Sep 30, 2023 | 1.56 Mn |
| Jun 30, 2023 | 417,000.00 |
| Mar 31, 2023 | 329,000.00 |
| Dec 31, 2022 | 1.30 Mn |
| Sep 30, 2022 | 864,000.00 |
| Jun 30, 2022 | 389,000.00 |
| Mar 31, 2022 | 352,000.00 |
| Dec 31, 2021 | -944,000.00 |
| Sep 30, 2021 | 1.19 Mn |
| Jun 30, 2021 | 43,000.00 |