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SoundHound AI, Inc. SOUN Finance Lease Liability, Current

Finance Lease Liability, Current at other companies

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$1.58B+16.1%
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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

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

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityCurrent.

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 finance lease liability, current?
SoundHound AI, Inc. (SOUN) reported finance lease liability, current of $289K in Q1 2026.
How has SoundHound AI, Inc.'s finance lease liability, current changed year-over-year?
SoundHound AI, Inc.'s finance lease liability, current increased by 622.5% year-over-year, from $40K to $289K.
What is the long-term trend for SoundHound AI, Inc.'s finance lease liability, current?
Over 4 years (2021 to 2025), SoundHound AI, Inc.'s finance lease liability, current has grown at a -28.9% compound annual growth rate (CAGR), from $1.3M to $332K.
What does finance lease liability, current mean?
Finance lease liabilities (current) represent the portion of lease obligations that are due to be paid within the next twelve months. These obligations arise from long-term contracts where the company effectively controls the leased asset. This metric is critical for assessing near-term liquidity and cash flow requirements.