Soundhound Ai reported revenue of $61.90M and net income of -$42.82M for the quarter ended Jun 2026, up 45.0% year over year. This income statement covers 22 quarters of results from Mar 2021 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||
| Revenue | 4.03M | 5.15M | 4.29M | 6.15M | 11.19M | 9.50M | 6.71M | 8.75M | 13.27M | 17.15M | 11.59M | 13.46M | 25.09M | 34.54M | 29.13M | 42.68M | 42.05M | 55.06M | 44.20M | 61.90M | ||
| Cost of RevenueCost of Rev | 1.66M | 1.71M | 1.77M | 2.49M | 2.58M | 2.75M | 1.98M | 1.83M | 3.59M | 3.91M | 4.67M | 4.98M | 12.90M | 20.76M | 18.51M | 26.02M | 24.13M | 28.71M | 30.45M | 33.97M | ||
| Gross Profit | 2.37M | 3.44M | 2.52M | 3.66M | 8.60M | 6.75M | 4.73M | 6.92M | 9.68M | 13.24M | 6.92M | 8.48M | 12.19M | 13.78M | 10.62M | 16.66M | 17.92M | 26.35M | 13.74M | 27.93M | ||
| Operating items | ||||||||||||||||||||||
| Amortization - Intangibles | 0.60M | 0.62M | 2.38M | 3.51M | 3.45M | 3.48M | 3.99M | 4.95M | 4.71M | 5.17M | ||||||||||||
| Research & DevelopmentR&D | 14.34M | 16.37M | 16.65M | 18.86M | 19.35M | 21.53M | 14.18M | 11.74M | 12.81M | 12.71M | 14.88M | 15.74M | 19.55M | 20.39M | 24.76M | 25.80M | 22.85M | 24.84M | 26.20M | 27.13M | ||
| Selling, General & AdministrativeSG&A | 4.02M | 5.13M | 4.00M | 9.36M | 9.65M | 7.43M | 7.29M | 6.42M | 6.93M | 7.64M | 10.27M | 9.54M | 17.03M | 16.44M | 18.41M | 18.23M | 24.35M | 21.20M | 25.68M | 25.99M | ||
| Restructuring CostsRestructuring | 3.60M | 0.20M | 0.80M | |||||||||||||||||||
| Other Operating ExpensesOther Opex | -2.74M | -1.14M | -1.06M | 0.22M | -0.96M | 0.53M | -0.80M | -0.83M | 1.34M | 1.46M | 1.48M | 4.97M | 2.63M | 254.78M | 2.89M | 4.75M | 7.23M | -33.56M | 14.99M | 52.08M | ||
| Operating ExpensesOpex | 21.20M | 24.19M | 25.01M | 35.08M | 38.26M | 38.45M | 31.91M | 25.23M | 27.80M | 29.54M | 40.12M | 35.45M | 58.86M | 291.62M | -98.97M | 120.73M | 157.94M | 12.49M | 66.87M | 105.19M | ||
| Operating IncomeOp. Inc | -17.17M | -19.04M | -20.72M | -28.93M | -27.07M | -28.95M | -25.20M | -16.48M | -14.53M | -12.39M | -28.53M | -21.98M | -33.77M | -257.07M | 128.10M | -78.05M | -115.89M | 42.57M | -22.67M | -43.30M | ||
| EBIT | -17.17M | -19.04M | -20.72M | -28.93M | -27.07M | -28.95M | -25.20M | -16.48M | -14.53M | -12.39M | -28.53M | -21.98M | -33.77M | -257.07M | 128.10M | -78.05M | -115.89M | 42.57M | -22.67M | -43.30M | ||
| Non-operating items | ||||||||||||||||||||||
| Non Operating Interest Expenses | 2.68M | 2.62M | 2.98M | 1.57M | 1.17M | 1.18M | 1.10M | 4.74M | 5.44M | 5.46M | 5.66M | 4.09M | 1.11M | 1.31M | 0.23M | 0.17M | 0.15M | 0.11M | 0.07M | 0.06M | ||
| Interest & Investment IncomeInt & Inv Inc | 0.00M | 0.00M | 0.01M | 0.03M | 0.17M | 0.00M | 0.04M | -0.03M | 0.06M | -0.06M | 0.01M | -0.03M | 0.05M | -0.09M | 0.02M | -0.00M | ||||||
| Other Non Operating IncomeOther Non Op Inc. | -5.42M | -3.75M | -4.03M | -1.35M | -2.12M | 6.25M | -1.90M | -6.41M | -4.11M | 13.57M | -4.18M | -15.59M | 1.52M | 1.73M | 2.89M | 4.75M | 7.08M | 0.35M | -1.49M | 2.72M | ||
| Non Operating IncomeNon Op. Inc. | 0.04M | -0.08M | 0.10M | 0.22M | 2.65M | 4.58M | -1.56M | 2.66M | ||||||||||||||
| Net income details | ||||||||||||||||||||||
| EBT | -22.59M | -22.79M | -24.75M | -30.28M | -29.20M | -29.60M | -27.10M | -22.89M | -18.64M | -16.40M | -32.71M | -36.68M | -32.24M | -258.29M | 130.75M | -73.47M | -108.81M | 42.26M | -24.23M | -40.63M | ||
| Tax ProvisionsTaxes | 1.19M | -0.90M | 0.35M | 0.39M | 0.86M | 1.29M | 0.33M | 0.42M | 1.56M | 1.61M | 0.29M | 0.64M | -10.49M | 0.31M | 0.82M | 1.26M | 0.46M | 2.20M | 0.80M | 2.18M | ||
| Profit After TaxPAT | -23.78M | -21.85M | -25.10M | -30.67M | -30.06M | -30.88M | -27.43M | -24.16M | -20.20M | -18.00M | -33.01M | -37.42M | -21.75M | -258.60M | 129.94M | -74.76M | -109.27M | 39.99M | -25.03M | -42.82M | ||
| Income from Continuing OperationsIncome (Continuing) | -23.78M | -21.89M | -25.10M | -30.67M | -30.06M | -30.89M | -27.43M | -23.31M | -20.20M | -18.00M | -33.01M | -37.32M | -21.75M | -258.60M | 129.93M | -74.72M | -109.27M | 40.06M | -25.03M | -42.82M | ||
| Consolidated Net IncomeConsol Net Inc. | -23.78M | -21.89M | -25.10M | -30.67M | -30.06M | -30.89M | -27.43M | -23.31M | -20.20M | -18.00M | -33.01M | -37.32M | -21.75M | -258.60M | 129.93M | -74.72M | -109.27M | 40.06M | -25.03M | -42.82M | ||
| Income towards Parent CompanyParent Net Inc | -23.78M | -21.89M | -25.10M | -30.67M | -30.06M | -30.89M | -27.43M | -23.31M | -20.20M | -18.00M | -33.01M | -37.32M | -21.75M | -258.60M | 129.93M | -74.72M | -109.27M | 40.06M | -25.03M | -42.82M | ||
| Preferred Dividend PaymentsPref Dividends | 0.68M | 0.88M | 0.65M | 0.57M | 0.34M | 0.07M | 0.70M | |||||||||||||||
| Net Income towards Common StockholdersNet Income | -23.78M | -21.89M | -0.39M | -30.67M | -30.06M | -55.39M | -28.11M | -24.18M | -20.84M | -18.57M | -33.35M | -37.40M | -21.75M | -258.60M | 129.23M | -74.72M | -109.27M | 40.06M | -25.03M | -42.82M | ||
| Additional items | ||||||||||||||||||||||
| EPS (Basic) | -0.35 | -0.33 | -0.01 | -0.19 | -0.15 | -0.35 | -0.14 | -0.11 | -0.09 | -0.08 | -0.12 | -0.11 | -0.06 | -0.76 | 0.33 | -0.19 | -0.27 | 0.10 | -0.06 | -0.10 | ||
| EPS (Diluted) | -0.35 | -0.33 | -0.01 | -0.19 | -0.15 | -0.35 | -0.14 | -0.11 | -0.09 | -0.08 | -0.12 | -0.11 | -0.06 | -0.76 | 0.31 | -0.19 | -0.27 | 0.10 | -0.06 | -0.10 | ||
| Shares Outstanding | 67.72M | 67.26M | 69.60M | 162.00M | 197.01M | 157.32M | 205.08M | 220.77M | 242.02M | 229.26M | 286.60M | 331.83M | 360.39M | 338.46M | 393.89M | 400.12M | 409.78M | 405.42M | 421.47M | 430.52M | ||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 67.72M | 67.26M | 69.60M | 162.00M | 197.01M | 157.32M | 205.08M | 220.77M | 242.02M | 229.26M | 286.60M | 331.83M | 360.39M | 338.46M | 414.16M | 402.04M | 411.70M | 409.46M | 429.78M | 438.65M | ||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 67.72M | 68.26M | 200.31M | 196.93M | 197.01M | 200.03M | 214.45M | 240.70M | 208.98M | 216.94M | 288.82M | 315.15M | 336.48M | 361.10M | 368.87M | 373.06M | 386.30M | 390.07M | 393.74M | 403.29M | ||
| EBITDA | -17.17M | -19.04M | -20.72M | -28.93M | -27.07M | -28.95M | -25.20M | -16.48M | -14.53M | -12.39M | -28.53M | -21.98M | -33.77M | -257.07M | 128.10M | -78.05M | -115.89M | 42.57M | -22.67M | -43.30M | ||
| Interest ExpensesInt Expense | 2.68M | 2.62M | 2.98M | 1.57M | 1.17M | 1.18M | 1.10M | 4.74M | 5.44M | 5.46M | 5.66M | 4.09M | 1.11M | 1.31M | 0.23M | 0.17M | 0.15M | 0.11M | 0.07M | 0.06M | ||
| Tax Rate | -5.27% | 3.95% | -1.42% | -1.28% | -2.96% | -4.38% | -1.21% | -1.82% | -8.38% | -9.80% | -0.90% | -1.74% | 32.54% | -0.12% | 0.63% | -1.71% | -0.42% | 5.21% | -3.29% | -5.37% |