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Discontinued — last reported Q1 '26

EBIT at other companies

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Other financials

Income statement

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Revenue$44.2M+51.7%
Gross profit$13.7M+29.4%
Operating income-$22.7M-118%
Net income-$25.0M-119%
EPS (diluted)-$0.11-135%

Balance sheet

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Cash & equivalents$216.3M-12.2%
Total debt$6.2M+34.5%
Total equity$460.7M+16.0%
Total assets$645.0M+9.8%

Cash flow

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Operating cash flow-$26.3M-36.9%
CapEx$468.0K+189%
Free cash flow-$26.7M-38.1%

Valuation

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Market cap$2.79B-10.3%
Enterprise value$2.58B-10.1%
P/S15.2×-15.3×

Profitability

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Gross margin40.6%-3.5pp
Operating margin-217.6%+231pp
Net margin-210.7%+85.2pp
FCF margin-57.9%-17.9pp

Returns & leverage

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Return on equity-89.9%+41.4pp
Debt / equity0.0×
Current ratio3.9×-1.0×

Where this comes from

Calculated from SoundHound AI, Inc.’s reported figures.

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 EBIT?
SoundHound AI, Inc. (SOUN) reported EBIT of -$22.67M in Q1 2026.
How has SoundHound AI, Inc.'s EBIT changed year-over-year?
SoundHound AI, Inc.'s EBIT decreased by 117.7% year-over-year, from $128.1M to -$22.67M.
What is the long-term trend for SoundHound AI, Inc.'s EBIT?
Over 3 years (2021 to 2024), SoundHound AI, Inc.'s EBIT has grown at a 194.5% compound annual growth rate (CAGR), from -$13.36M to -$341.35M.
What does EBIT mean?
Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.