Can SoundHound AI, Inc. cover its short-term obligations?

Its current ratio is 3.94 — current assets exceed current liabilities.

Where does SoundHound AI, Inc.'s balance sheet data come from?

Every line is extracted from SoundHound AI, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

SoundHound AI, Inc. SOUN Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Cash and cash equivalents	$216.32M-13.2%	$249.17M-7.7%	$269.87M+16.7%	$231.28M-6.2%	$246.49M+23.9%
Restricted cash	$676K0.0%	$676K-27.8%	$936K0.0%	$936K+38.5%	$676K0.0%
Accounts receivable, net	$30.07M-7.0%	$32.34M+44.2%	$22.42M+14.0%	$19.66M-2.6%	$20.18M-13.0%
Prepaid expenses and other current assets	$10.34M+2.3%	$10.11M-14.5%	$11.84M+17.3%	$10.09M+32.0%	$7.65M+2.3%
Contract assets	$17.06M-16.6%	$20.46M+16.9%	$17.51M+64.3%	$10.66M+2.0%	$10.45M-73.6%
Total current assets	$288.81M-12.3%	$329.13M-1.9%	$335.37M+18.9%	$282.02M-4.4%	$295.05M+15.5%
Property and equipment, net	$2.86M-2.2%	$2.93M+7.4%	$2.73M+155%	$1.07M+1.6%	$1.05M-15.0%
Accumulated depreciation	$57.22M+19.6%	$47.86M+25.3%	$38.19M+27.8%	$29.88M+33.9%	$22.31M+50.6%
Operating lease right-of-use assets	$5.92M+56.2%	$3.79M-14.1%	$4.41M-0.2%	$4.42M-12.6%	$5.06M+7.8%
Goodwill	$122.28M0.0%	$122.28M0.0%	$122.28M+20.8%	$101.21M0.0%	$101.21M-0.5%
Intangible assets, net	$172.04M-5.2%	$181.4M-5.1%	$191.07M+19.5%	$159.88M-4.5%	$167.45M-4.3%
Deferred tax assets	$2.75M+99.9%	$1.38M+10,485%	$13K-66.7%	$39K-13.3%	$45K-10.0%
Other non-current assets	$34.07M+13.9%	$29.91M+2.5%	$29.16M+23.4%	$23.63M+92.6%	$12.27M-4.7%
Total assets	$644.95M-6.3%	$688.17M-2.0%	$702.22M+21.2%	$579.49M-1.4%	$587.54M+6.1%
Accounts payable	$8.05M-23.8%	$10.56M+53.9%	$6.86M-32.4%	$10.15M+51.1%	$6.72M+20.9%
Accrued expenses	$15.8M+13.3%	$13.95M-15.3%	$16.48M+35.9%	$12.13M+15.5%	$10.5M+43.4%
Deferred revenue	$28.51M+18.6%	$24.04M+16.1%	$20.7M-12.7%	$23.72M-11.8%	$26.89M+12.6%
Current portion of long-term debt	$289K-13.0%	$332K+1.5%	$327K+761%	$38K-5.0%	$40K-18.4%
Operating lease liabilities, current	$2.75M+51.8%	$1.81M-9.9%	$2.01M-3.1%	$2.08M+0.6%	$2.06M+8.7%
Finance Lease Liability, Current	$289K-13.0%	$332K+1.5%	$327K+761%	$38K-5.0%	$40K-18.4%
Contract liabilities	$6.76M-17.6%	$8.2M+5.8%	$7.75M+26.4%	$6.13M-18.4%	$7.52M+9.5%
Income taxes payable	$2.81M+5.6%	$2.66M+9.2%	$2.44M-17.8%	$2.97M+31.0%	$2.26M-17.7%
Accrued interest	$8.36M-3.7%	$8.68M+3.6%	$8.38M+40.2%	$5.97M-13.3%	$6.89M-15.4%
Total current liabilities	$73.29M+2.2%	$71.74M+10.1%	$65.13M+11.7%	$58.29M-2.9%	$60.03M-11.4%
Operating lease liabilities, non-current	$3.19M+54.0%	$2.07M-16.6%	$2.48M+9.1%	$2.27M-10.0%	$2.53M+5.1%
Other non-current liabilities	$10.13M+6.2%	$9.54M-1.0%	$9.64M+22.9%	$7.84M+86.4%	$4.21M-2.6%
Total liabilities	$184.29M-17.9%	$224.39M-25.9%	$302.98M+37.9%	$219.74M+15.3%	$190.54M-48.7%
Preferred stock	$0—	$0—	$0—	$0—	$0—
Additional paid-in capital	$1.44B+1.5%	$1.42B+1.8%	$1.4B+11.9%	$1.25B+3.1%	$1.21B+7.5%
Retained earnings	-$982.09M-2.6%	-$957.07M+4.0%	-$997.12M-12.3%	-$887.85M-9.2%	-$813.13M+13.8%
Accumulated other comprehensive income (loss)	$160K+14.3%	$140K-37.8%	$225K+26.4%	$178K-15.6%	$211K+2.9%
Total stockholders' equity	$460.67M-0.7%	$463.79M+16.2%	$399.24M+11.0%	$359.76M-9.4%	$396.99M+117%
Total liabilities and stockholders' equity	$644.95M-6.3%	$688.17M-2.0%	$702.22M+21.2%	$579.49M-1.4%	$587.54M+6.1%
Allowance for Doubtful Accounts	$2.81M+24.5%	$2.25M-35.0%	$3.47M+41.0%	$2.46M+59.8%	$1.54M+112%
Allowance for Doubtful Accounts Receivable (Current)	$2.81M+24.5%	$2.25M-35.0%	$3.47M+41.0%	$2.46M+59.8%	$1.54M+112%
Contract assets and unbilled receivable, net	$32.75M-14.2%	$38.19M+18.7%	$32.18M+46.7%	$21.93M+2.4%	$21.42M-19.6%
Other current assets	$10.34M+2.3%	$10.11M-14.5%	$11.84M+17.3%	$10.09M+32.0%	$7.65M+2.3%
Unbilled Revenue	$15.69M-11.5%	$17.73M+20.9%	$14.67M+30.2%	$11.27M+2.7%	$10.97M-18.4%
Contract Assets, Non-Current	$34.07M+13.9%	$29.91M+2.5%	$29.16M+23.4%	$23.63M+92.6%	$12.27M-4.7%
Deferred Tax Assets and Other Non-Current Assets	$18.28M+1.3%	$18.04M+10.9%	$16.27M+157%	$6.32M+32.6%	$4.77M+108%
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	——	——	——	——	——
Finite Lived Intangible Assets - Gross	$229.26M0.0%	$229.26M0.0%	$229.26M+20.8%	$189.76M0.0%	$189.76M0.0%
Net Investment in Lease	$5.92M+56.2%	$3.79M-14.1%	$4.41M-0.2%	$4.42M-12.6%	$5.06M+7.8%
Deferred tax assets	$28K-3.4%	$29K+625%	$4K0.0%	$4K-20.0%	$5K+25.0%
Intangible assets — net	$172.04M-5.2%	$181.4M-5.1%	$191.07M+19.5%	$159.88M-4.5%	$167.45M-4.3%
Other intangible assets—net	$172.04M-5.2%	$181.4M-5.1%	$191.07M+19.5%	$159.88M-4.5%	$167.45M-4.3%
Operating lease right-of-use assets	$5.92M+56.2%	$3.79M-14.1%	$4.41M-0.2%	$4.42M-12.6%	$5.06M+7.8%
Other non-current assets	$18.28M+1.3%	$18.04M+10.9%	$16.27M+157%	$6.32M+32.6%	$4.77M+108%
Property, plant and equipment, net	$2.86M-2.2%	$2.93M+7.4%	$2.73M+155%	$1.07M+1.6%	$1.05M-15.0%
Operating Lease Right-of-Use Assets in Other Assets	$5.92M+56.2%	$3.79M-14.1%	$4.41M-0.2%	$4.42M-12.6%	$5.06M+7.8%
Software and Technology Licenses, Net	$18.28M+1.3%	$18.04M+10.9%	$16.27M+157%	$6.32M+32.6%	$4.77M+108%
Accrued Litigation	$3.03M-0.7%	$3.05M+51.1%	$2.02M+460%	$360K—	$0—
Accrued Manufacturing Costs	$15.8M+13.3%	$13.95M-15.3%	$16.48M+35.9%	$12.13M+15.5%	$10.5M-33.8%
Accrued Progress Collections and Price Adjustments	$6.76M-17.6%	$8.2M+5.8%	$7.75M+26.4%	$6.13M-18.4%	$7.52M+9.5%
Other Commercial Liabilities	$29.32M+11.4%	$26.33M-6.5%	$28.14M+48.2%	$18.99M+5.1%	$18.08M-31.2%
Accrued Liabilities, Current	$29.32M+11.4%	$26.33M-6.5%	$28.14M+48.2%	$18.99M+5.1%	$18.08M-31.2%
Compensation and benefits	$15.8M+13.3%	$13.95M-15.3%	$16.48M+35.9%	$12.13M+15.5%	$10.5M-33.8%
Other accrued liabilities	$1.56M-2.9%	$1.6M+28.5%	$1.25M+256%	$351K-91.2%	$3.98M—
Contingent Consideration Liability (Non-Current)	$87.33M-32.4%	$129.23M-39.9%	$214.86M+51.2%	$142.11M+25.6%	$113.15M-60.6%
Contract Liabilities, Non-Current	$6.76M-17.6%	$8.2M+5.8%	$7.75M+26.4%	$6.13M-18.4%	$7.52M+9.5%
Deferred revenue, net of current portion	$6.76M-17.6%	$8.2M+5.8%	$7.75M+26.4%	$6.13M-18.4%	$7.52M+9.5%
Accrued litigation	$3.03M-0.7%	$3.05M+51.1%	$2.02M+460%	$360K—	$0—
Total debt	$6.23M+33.2%	$4.67M-3.1%	$4.82M+9.9%	$4.39M-5.2%	$4.63M+4.8%
Convertible Preferred Stock Authorized Shares	1M0.0%	1M0.0%	1M0.0%	1M0.0%	1M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—	0—
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—	$0—
Preferred Stock Liquidation Preference Value	$0—	$0—	$0—	$0—	$0—
Preferred Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Share-Based Payment - Unrecognized Cost of Nonvested Awards	——	——	——	——	——
Accounts Receivable, after Allowance for Credit Loss	$30.07M-7.0%	$32.34M+44.2%	$22.42M+14.0%	$19.66M-2.6%	$20.18M-13.0%
Income taxes payable – long-term	$2.21M-2.0%	$2.25M-27.8%	$3.12M+1.4%	$3.08M-1.1%	$3.12M+1.3%
Allowance for doubtful accounts	$2.81M+24.5%	$2.25M-35.0%	$3.47M+41.0%	$2.46M+59.8%	$1.54M+112%
Common stock and preferred stock, shares authorized (in shares)	——	——	——	——	——
Contract with Customer, Liability	——	——	——	——	——
Contract assets - non-current	$16.4M-3.0%	$16.92M-16.9%	$20.35M+17.6%	$17.3M+51.3%	$11.43M-4.4%
Other Contractual Commitments	——	——	——	——	——
Other Contractual Commitments - Remainder of Fiscal Year 2024	——	——	——	——	——
Contractual Obligation, to be Paid, Year Two	——	——	——	——	——
Contractual Obligation, to be Paid, Remainder of Fiscal Year	——	——	——	——	——
Deferred income taxes	——	——	——	——	——
Cost not yet recognized	——	——	——	——	——
Current maturities of long-term debt	$289K-13.0%	$332K+1.5%	$327K+761%	$38K-5.0%	$40K-18.4%
Finite-Lived Intangible Assets, Accumulated Amortization	$57.22M+19.6%	$47.86M+25.3%	$38.19M+27.8%	$29.88M+33.9%	$22.31M+50.6%
2028	——	——	——	——	——
Remainder of 2026	——	——	——	——	——
Thereafter	——	——	——	——	——
2027	——	——	——	——	——
2029	——	——	——	——	——
Gross Carrying Amount	$229.26M0.0%	$229.26M0.0%	$229.26M+20.8%	$189.76M0.0%	$189.76M0.0%
Other accrued liabilities	$2.13M+229%	$649K-49.0%	$1.27M+138%	$534K-22.9%	$693K+25.8%
Preferred stock, liquidation preference, value	$0—	$0—	$0—	$0—	$0—
Preferred Stock, Par or Stated Value Per Share	$00.0%	$00.0%	$00.0%	$00.0%	$00.0%
Preferred Stock, Shares Authorized	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—	$0—
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	——	——	——	——	——
Unbilled balances	$17.66M+36.0%	$12.99M+47.4%	$8.81M+39.2%	$6.33M+654%	$840K-8.9%
Unbilled Receivables	$15.69M-11.5%	$17.73M+20.9%	$14.67M+30.2%	$11.27M+2.7%	$10.97M-18.4%
Purchase Obligation	——	——	——	——	——
Remainder of Fiscal Year 2024	——	——	——	——	——
Remainder of Fiscal Year 2025	——	——	——	——	——

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Questions, answered.

Can SoundHound AI, Inc. cover its short-term obligations?: Its current ratio is 3.94 — current assets exceed current liabilities.
Where does SoundHound AI, Inc.'s balance sheet data come from?: Every line is extracted from SoundHound AI, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.