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SoundHound AI, Inc. SOUN Service subscriptions — Revenue

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Other financials

Income statement

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Revenue$61.9M+45.0%
Gross profit$27.9M+67.6%
Operating income-$43.3M+44.5%
Net income-$42.8M+42.7%
EPS (diluted)-$0.10+47.4%

Balance sheet

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Cash & equivalents$202.8M-12.3%
Total debt$5.4M+23.9%
Total equity$490.4M+36.3%
Total assets$667.9M+15.3%

Cash flow

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Operating cash flow-$33.7M-37.6%
CapEx$354.0K+84.4%
Free cash flow-$34.1M-38.0%

Valuation

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Market cap$3.08B-28.9%
Enterprise value$2.89B-29.8%
P/S15.2×-17.8×

Profitability

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Gross margin42.3%+1.8pp
Operating margin-217.6%+231pp
Net margin-210.7%+85.2pp
FCF margin-57%-14.3pp

Returns & leverage

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Return on equity-89.9%+41.4pp
Debt / equity0.0×
Current ratio3.9×-0.9×

Where this comes from

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

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

The source filing: SoundHound AI, Inc.’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 5:28 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001840856-26-000015
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Service subscriptions$35,762$24,573
Product royalties8,3504,447
Monetization83109
Total$44,195$29,129

Item 1. Condensed Consolidated Financial Statements.

FAQ

What is SoundHound AI, Inc.'s service subscriptions — revenue?
SoundHound AI, Inc. (SOUN) reported service subscriptions — revenue of $35.76M in Q1 2026.
How has SoundHound AI, Inc.'s service subscriptions — revenue changed year-over-year?
SoundHound AI, Inc.'s service subscriptions — revenue increased by 45.5% year-over-year, from $24.57M to $35.76M.
What is the long-term trend for SoundHound AI, Inc.'s service subscriptions — revenue?
Over 3 years (2022 to 2025), SoundHound AI, Inc.'s service subscriptions — revenue has grown at a 317.4% compound annual growth rate (CAGR), from $1.84M to $133.55M.
What does service subscriptions — revenue mean?
This metric represents the total revenue generated from recurring service-based subscriptions within the company's conversational AI platform. It reflects the company's ability to monetize its voice technology through long-term customer contracts and ongoing software-as-a-service engagements. Growth in this segment indicates successful scaling of the platform's recurring revenue model and increasing market adoption of its conversational intelligence solutions.

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