SOUNDHOUND AI, INC.SOUNEarnings & Financial Report
SoundHound AI, Inc. is an American music and speech recognition company based in Santa Clara, California. It was originally founded as Melodis in 2005 before rebranding to SoundHound Inc. in 2010, and SoundHound AI in 2022.
Revenue
$42.7M
Gross Profit
$16.7M
Operating Profit
$-78.1M
Net Profit
$-74.7M
Gross Margin
39.0%
Operating Margin
-182.9%
Net Margin
-175.1%
YoY Growth
217.1%
EPS
$-0.19
SOUNDHOUND AI, INC. Q2 FY2025 Financial Summary
SOUNDHOUND AI, INC. reported revenue of $42.7M (up 217.1% YoY) for Q2 FY2025, with a net profit of $-74.7M (down 100.2% YoY) (-175.1% margin). Cost of goods sold was $26.0M, operating expenses totaled $94.7M.
Key Financial Metrics
| Total Revenue | $42.7M |
|---|---|
| Net Profit | $-74.7M |
| Gross Margin | 39.0% |
| Operating Margin | -182.9% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
SOUNDHOUND AI, INC. Q2 FY2025 revenue of $42.7M breaks down across 5 segments, led by Transferred Over Time at $24.8M (58.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Transferred Over Time | $24.8M | 58.1% |
| Other | $6.6M | 15.6% |
| IE | $5.5M | 12.8% |
| Professional Service | $3.3M | 7.8% |
| GSXK | $2.5M | 5.8% |
SOUNDHOUND AI, INC. Revenue by Segment — Quarterly Trend
SOUNDHOUND AI, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Transferred Over Time and Other) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Transferred Over Time | — | — | $24.8M | — |
| Other | — | — | $6.6M | — |
| IE | — | — | $5.5M | — |
| Professional Service | $4.6M | $3.9M | $3.3M | — |
| GSXK | — | $2.6M | $2.5M | — |
SOUNDHOUND AI, INC. Annual Revenue by Year
SOUNDHOUND AI, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $168.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $168.9M |
| 2024 | $84.7M |
SOUNDHOUND AI, INC. Quarterly Revenue & Net Profit History
SOUNDHOUND AI, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $55.1M | +59.4% | $40.1M | 72.8% |
| Q3 FY2025 | $42.0M | +67.6% | $-109.3M | -259.9% |
| Q2 FY2025 | $42.7M | +217.1% | $-74.7M | -175.1% |
| Q1 FY2025 | $29.1M | +151.2% | $129.9M | 446.1% |
| Q4 FY2024 | $34.5M | +101.5% | $-258.6M | -748.6% |
| Q3 FY2024 | $25.1M | +89.1% | $-21.8M | -86.7% |
| Q2 FY2024 | $13.5M | +53.8% | $-37.3M | -277.2% |
| Q1 FY2024 | $11.6M | +72.9% | $-33.0M | -284.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.6M | $13.5M | $25.1M | $34.5M | $29.1M | $42.7M | $42.0M | $55.1M |
| YoY Growth | 72.9% | 53.8% | 89.1% | 101.5% | 151.2% | 217.1% | 67.6% | 59.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $287.4M | $266.7M | $499.7M | $554.0M | $587.5M | $579.5M | $702.2M | $688.2M |
| Liabilities | $131.9M | $42.7M | $203.7M | $371.3M | $190.5M | $219.7M | $303.0M | $224.4M |
| Equity | $155.5M | $223.9M | $296.0M | $182.7M | $397.0M | $359.8M | $399.2M | $463.8M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-21.9M | $-18.5M | $-35.3M | $-33.1M | $-19.2M | $-24.5M | $-32.7M | $-21.9M |