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SoundHound AI, Inc. SOUN Contract Assets

Contract Assets at other companies

PAR Technology logo
PAR TechnologyPAR
$2.31M
Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
$1.46B+5.4%

Other financials

Income statement

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Revenue$61.9M+45.0%
Gross profit$27.9M+67.6%
Operating income-$43.3M+44.5%
Net income-$42.8M+42.7%
EPS (diluted)-$0.10+47.4%

Balance sheet

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Cash & equivalents$203.5M-12.0%
Total debt$5.4M+23.9%
Total equity$490.4M+36.3%
Total assets$667.9M+15.3%

Cash flow

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Operating cash flow-$33.7M-37.6%
CapEx$354.0K+84.4%
Free cash flow-$34.1M-38.0%

Valuation

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Market cap$3.49B-45.8%
Enterprise value$3.3B-47.0%
P/S17.2×-31.9×

Profitability

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Gross margin42.3%+1.8pp
Operating margin-217.6%+231pp
Net margin-210.7%+85.2pp
FCF margin-57%-14.3pp

Returns & leverage

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Return on equity-89.9%+41.4pp
Debt / equity0.0×
Current ratio3.9×-0.9×

Where this comes from

Reported directly by SoundHound AI, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The source filing: SoundHound AI, Inc.’s 10-Q, filed August 10, 2026. Open the filing →

Filed
Aug 10, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001840856-26-000022

FAQ

What is SoundHound AI, Inc.'s contract assets?
SoundHound AI, Inc. (SOUN) reported contract assets of $17.35M in Q2 2026.
How has SoundHound AI, Inc.'s contract assets changed year-over-year?
SoundHound AI, Inc.'s contract assets increased by 62.7% year-over-year, from $10.66M to $17.35M.
What is the long-term trend for SoundHound AI, Inc.'s contract assets?
Over 4 years (2021 to 2025), SoundHound AI, Inc.'s contract assets has grown at a 341.2% compound annual growth rate (CAGR), from $54K to $20.46M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

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