For the quarter ending 2025-09-30, SOUN made $42,049K in revenue. -$109,224K in net income. Net profit margin of -259.75%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenues | 42,049 | 42,683 | 29,129 | 34,543 |
| Cost of revenues | 24,128 | 26,021 | 18,511 | 20,759 |
| Sales and marketing | 16,381 | 15,837 | 12,007 | 9,566 |
| Research and development | 22,848 | 25,805 | 24,756 | 20,394 |
| General and administrative | 24,346 | 18,230 | 18,407 | 16,437 |
| Change in fair value of contingent acquisition liabilities | 66,245 | 31,359 | -176,100 | 220,946 |
| Amortization of intangible assets | 3,992 | 3,482 | 3,451 | 3,513 |
| Restructuring | - | - | - | 0 |
| Total operating expenses | 157,940 | 120,734 | -98,968 | 291,615 |
| Loss from operations | -115,891 | -78,051 | 128,097 | -257,072 |
| Loss on early extinguishment of debt | 0 | 0 | - | -21 |
| Interest expense | 153 | 169 | 235 | 3,487 |
| Other income, net | 7,230 | 4,752 | 2,889 | - |
| Total other income (expense), net | 7,077 | 4,583 | 2,654 | 26,581 |
| Total other expense, net | - | - | - | -4,644 |
| Loss before provision (benefit) for income taxes | -108,814 | -73,468 | 130,751 | -258,288 |
| Provision (benefit) for income taxes | 457 | 1,256 | 819 | 311 |
| Net loss | -109,271 | -74,724 | 129,932 | -258,599 |
| Earnings attributable to participating class a common shares | - | 0 | 705 | - |
| Cumulative dividends attributable to series a preferred stock | 0 | 0 | 0 | 0 |
| Net loss attributable to soundhound common shareholders | -109,271 | -74,724 | 129,227 | -258,599 |
| Unrealized gains on investments | 47 | -33 | - | - |
| Comprehensive loss | -109,224 | -74,757 | - | - |
| Basic (in dollars per share) | -0.27 | -0.19 | 0.33 | -0.75 |
| Basic (in shares) | 409,783,470 | 400,124,499 | 393,893,313 | -640,350,405 |
| Diluted (in dollars per share) | -0.27 | -0.19 | 0.31 | -0.75 |
| Diluted (in shares) | 411,702,440 | 402,043,468 | 414,156,455 | -640,350,405 |
SOUNDHOUND AI, INC. (SOUN)
SOUNDHOUND AI, INC. (SOUN)