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SoundThinking, Inc.

SSTI

SoundThinking is a leading public safety technology company that provides a suite of data-driven software solutions and strategic advisory services for law enforcement and civic leadership.

Market cap
$113.87M-35.2%
Revenue$100.0M-4.8%
Net income-$14.9M-92.7%
Free cash flow$4.4M-74.4%
EPS (diluted)-$1.16-90.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 11, 2026 (in a month)
Revenue estimate$25.8M
EPS estimate-$0.27

Financials

Q1 2026

Income statement

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Revenue$24.2M-14.7%
Gross profit$11.7M-29.7%
Operating income-$6.9M-469%
Net income-$7.0M-372%
EPS (diluted)-$0.54-350%

Balance sheet

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Cash & equivalents$14.2M+22.2%
Total debt$1.8M+0.6%
Total equity$67.6M-8.4%
Total assets$125.7M-7.8%

Cash flow

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Operating cash flow$207.0K+247%
CapEx$1.7M+91.1%
Free cash flow-$1.5M-45.4%

Valuation & ratios

Valuation

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Market cap$113.87M-35.2%
Enterprise value$101.45M-38.9%
P/S1.1×-0.5×

Profitability

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Gross margin52.2%-5.0pp
Operating margin-14.4%-44.6pp
Net margin-14.9%-657pp
FCF margin4.4%

Returns & leverage

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Return on equity-21.1%-900pp
Debt / equity0.0×
Current ratio0.8×-0.1×

Segments

By product

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Subscription Maintenance And Support Services$24.0M-14.3%
Professional Software Development Services$200.0K-33.3%
Catch Up$100.0K

Competitors

Profile

SoundThinking is a leading public safety technology company that provides a suite of data-driven software solutions and strategic advisory services for law enforcement and civic leadership. The company's core value proposition is converting acoustic and digital data into actionable intelligence to improve public safety outcomes and investigative efficiency. Its mission-driven approach focuses on reducing gun violence and strengthening police-community relationships through objective, technology-based evidence.

Competitive position

SoundThinking is a market leader in wide-area gunshot detection with its flagship ShotSpotter product, maintaining a significant first-mover advantage and a large installed base of major U.S. cities.

GeographiesUnited States, South Africa, Uruguay, Brazil, Bahamas
Customer segmentsMunicipal Governments, Law Enforcement, Higher Education, Commercial Enterprise
Business modelSubscription SaaS, Professional Services, B2G (Business-to-Government)
SuppliersContract manufacturers for proprietary sensors, Wireless carriers (AT&T, Verizon), Cloud infrastructure providers (AWS), Electronic component suppliers
CustomersCity of New York, City of Chicago, Municipal police departments, University security teams, Corporate security directors
Listed2017
Employees312.0
CEORalph A. Clark
FilingsSEC EDGAR

Questions, answered.

What is SoundThinking, Inc.'s market cap?
SoundThinking, Inc. (SSTI) has a market capitalization of $113.9M and trades on NASDAQ.
What is SoundThinking, Inc.'s revenue and profitability?
SoundThinking, Inc. generated $100.0M in trailing twelve-month revenue with a net loss of $14.9M, representing a net margin of -14.9%. Gross margin stands at 52.2%, with free cash flow of $4.4M. These figures are based on the Q1 2026 filing.
Who are SoundThinking, Inc.'s competitors?
SoundThinking, Inc.'s key competitors include Tyler Technologies, Motorola Solutions, Axon Enterprise, and others. These companies compete in similar markets and product categories.
Who does SoundThinking, Inc. partner with?
SoundThinking, Inc.'s notable partners include Thomson Reuters, Rekor Systems, NVIDIA, and others.
What subsidiaries does SoundThinking, Inc. have?
SoundThinking, Inc.'s subsidiaries include TechnoLogic, Forensic Logic, SafePointe.
Where is SoundThinking, Inc. headquartered?
SoundThinking, Inc. is headquartered in United States of America and employs approximately 312 people. It has been publicly traded since 2017.