SoundHound AI, Inc. SOUN Contract assets and unbilled receivable, net
Contract assets and unbilled receivable, net at other companies
Other financials
Where this comes from
Reported directly by SoundHound AI, Inc. in its filing.
Tagged under the XBRL concept soun:ContractWithCustomerAssetAfterAllowanceForCreditLossIncludingUnbilledReceivablesCurrent.
The official record: SoundHound AI, Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is SoundHound AI, Inc.'s contract assets and unbilled receivable, net?
- SoundHound AI, Inc. (SOUN) reported contract assets and unbilled receivable, net of $32.75M in Q1 2026.
- How has SoundHound AI, Inc.'s contract assets and unbilled receivable, net changed year-over-year?
- SoundHound AI, Inc.'s contract assets and unbilled receivable, net increased by 52.9% year-over-year, from $21.42M to $32.75M.
- What is the long-term trend for SoundHound AI, Inc.'s contract assets and unbilled receivable, net?
- Over 2 years (2023 to 2025), SoundHound AI, Inc.'s contract assets and unbilled receivable, net has grown at a 80.1% compound annual growth rate (CAGR), from $11.78M to $38.19M.
- What does contract assets and unbilled receivable, net mean?
- This metric represents the value of goods or services transferred to a customer for which the right to consideration is conditional on something other than the passage of time. It reflects revenue recognized in advance of formal billing milestones or contractual payment schedules. Monitoring this balance helps assess the company's ability to convert performance obligations into formal accounts receivable and eventual cash inflows.