What is SoundHound AI, Inc.'s unbilled balances?

SoundHound AI, Inc. (SOUN) reported unbilled balances of $17.66M in Q1 2026.

How has SoundHound AI, Inc.'s unbilled balances changed year-over-year?

SoundHound AI, Inc.'s unbilled balances increased by 2002.9% year-over-year, from $840K to $17.66M.

SoundHound AI, Inc. SOUN Unbilled balances

Unbilled balances at other companies

Baker HughesBKR

$1.75B+4.0%

Arthur J. GallagherAJG

$2.75B—

General DynamicsGD

$45.53B+5.5%

AWR

American States WaterAWR

$1.26M-63.2%

Intapp, Inc.INTA

$12.06M-31.4%

Veeco InstrumentsVECO

$21.72M-35.3%

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 / equity0×0.0×

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:UnbilledContractsReceivable.

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 unbilled balances?: SoundHound AI, Inc. (SOUN) reported unbilled balances of $17.66M in Q1 2026.
How has SoundHound AI, Inc.'s unbilled balances changed year-over-year?: SoundHound AI, Inc.'s unbilled balances increased by 2002.9% year-over-year, from $840K to $17.66M.