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SoundHound AI, Inc. SOUN Non-Cash Lease Expense

Non-Cash Lease Expense at other companies

Symbotic Inc. logo
Symbotic Inc.SYM
$2.54M+125%
Life360, Inc. logo
Life360, Inc.LIF
$90K+7.1%

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:OperatingLeaseRightOfUseAssetAmortizationExpense.

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 non-cash lease expense?
SoundHound AI, Inc. (SOUN) reported non-cash lease expense of $858K in Q1 2026.
How has SoundHound AI, Inc.'s non-cash lease expense changed year-over-year?
SoundHound AI, Inc.'s non-cash lease expense increased by 29.2% year-over-year, from $664K to $858K.
What is the long-term trend for SoundHound AI, Inc.'s non-cash lease expense?
Over 3 years (2022 to 2025), SoundHound AI, Inc.'s non-cash lease expense has grown at a -3.1% compound annual growth rate (CAGR), from $3.19M to $2.91M.
What does non-cash lease expense mean?
Non-cash portion of operating lease cost — the difference between straight-line lease expense and actual cash rent payments.