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| Date | Value |
|---|---|
| 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% |