Soundhound Ai (SOUNW) Tax Rate (2021 - 2026)

Soundhound Ai's (SOUNW) quarterly Tax Rate came in at 3.29% in Q1 2026, down 392.0% year-on-year from 1.13% in Q1 2025, and down 163.26% quarter-over-quarter from 5.21% in Q4 2025.

Soundhound Ai (SOUNW) Tax Rate (2021 - 2026) Analysis & Trends

Soundhound Ai has disclosed Tax Rate across 6 years of filings, most recently posting 3.29% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 3.29%, down 392.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.87% (down 728.0% YoY), and the FY2025 annual result was 51.02%, down 5358.0% from the prior year.
  • Tax Rate came in at 3.29% for Q1 2026 at Soundhound Ai, down from 5.21% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 32.54% in Q3 2024 to a low of 9.8% in Q4 2023.
  • The 5-year median for Tax Rate is 1.42% (2022), against an average of 0.06%.
  • Across the five-year window, Tax Rate soared 4091 bps in 2024 and slumped 3296 bps in 2025, its largest moves.
  • Soundhound Ai's Tax Rate stood at 4.38% in 2022, then tumbled by 124 bps to 9.8% in 2023, then surged by 99 bps to 0.14% in 2024, then surged by 3856 bps to 5.21% in 2025, then tumbled by 163 bps to 3.29% in 2026.
  • The last three Tax Rate figures came in at 3.29% (Q1 2026), 5.21% (Q4 2025), and 0.42% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn -
2 Full Truck Alliance 171.61 Bn 169.06 Bn - -18.42%
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn 22.74%
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn 39.11%
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn 8.36%
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn 30.31%
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn 21.59%
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn 22.01%
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn 23.68%
10 Soundhound Ai - - 13.74 Mn -3.29%

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.29%
Mar 31, 2026 -3.29%
Dec 31, 2025 5.21%
Dec 31, 2025 5.21%
Sep 30, 2025 -0.42%
Sep 30, 2025 -0.42%
Jun 30, 2025 -1.71%
Jun 30, 2025 -1.71%
Mar 31, 2025 0.63%
Mar 31, 2025 0.63%
Dec 31, 2024 -0.14%
Dec 31, 2024 -0.14%
Sep 30, 2024 32.54%
Sep 30, 2024 32.54%
Jun 30, 2024 -1.74%
Jun 30, 2024 -1.74%
Mar 31, 2024 -0.90%
Mar 31, 2024 -0.90%
Dec 31, 2023 -9.80%
Dec 31, 2023 -9.80%