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Side-by-side financial comparison of Esquire Financial Holdings, Inc. (ESQ) and SOUNDHOUND AI, INC. (SOUN). Click either name above to swap in a different company.

SOUNDHOUND AI, INC. is the larger business by last-quarter revenue ($55.1M vs $40.5M, roughly 1.4× Esquire Financial Holdings, Inc.). SOUNDHOUND AI, INC. runs the higher net margin — 72.8% vs 30.2%, a 42.6% gap on every dollar of revenue. Over the past eight quarters, SOUNDHOUND AI, INC.'s revenue compounded faster (117.9% CAGR vs 15.0%).

Esquire Financial Holdings, Inc. is a U.S.-headquartered bank holding company that provides comprehensive commercial and consumer banking products and services. Its core offerings include deposit accounts, business loans, mortgage services, and wealth management solutions, primarily serving small to medium enterprises, legal industry professionals, and local retail clients.

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.

ESQ vs SOUN — Head-to-Head

Bigger by revenue
SOUN
SOUN
1.4× larger
SOUN
$55.1M
$40.5M
ESQ
Higher net margin
SOUN
SOUN
42.6% more per $
SOUN
72.8%
30.2%
ESQ
Faster 2-yr revenue CAGR
SOUN
SOUN
Annualised
SOUN
117.9%
15.0%
ESQ

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ESQ
ESQ
SOUN
SOUN
Revenue
$40.5M
$55.1M
Net Profit
$12.2M
$40.1M
Gross Margin
47.9%
Operating Margin
77.3%
Net Margin
30.2%
72.8%
Revenue YoY
59.4%
Net Profit YoY
7.0%
115.5%
EPS (diluted)
$1.40
$-0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ESQ
ESQ
SOUN
SOUN
Q1 26
$40.5M
Q4 25
$39.4M
$55.1M
Q3 25
$37.6M
$42.0M
Q2 25
$35.8M
$42.7M
Q1 25
$33.8M
$29.1M
Q4 24
$33.1M
$34.5M
Q3 24
$31.9M
$25.1M
Q2 24
$30.6M
$13.5M
Net Profit
ESQ
ESQ
SOUN
SOUN
Q1 26
$12.2M
Q4 25
$13.5M
$40.1M
Q3 25
$14.1M
$-109.3M
Q2 25
$11.9M
$-74.7M
Q1 25
$11.4M
$129.9M
Q4 24
$11.8M
$-258.6M
Q3 24
$11.4M
$-21.8M
Q2 24
$10.5M
$-37.3M
Gross Margin
ESQ
ESQ
SOUN
SOUN
Q1 26
Q4 25
47.9%
Q3 25
42.6%
Q2 25
39.0%
Q1 25
36.5%
Q4 24
39.9%
Q3 24
48.6%
Q2 24
63.0%
Operating Margin
ESQ
ESQ
SOUN
SOUN
Q1 26
Q4 25
44.3%
77.3%
Q3 25
46.5%
-275.6%
Q2 25
42.5%
-182.9%
Q1 25
45.9%
Q4 24
47.4%
-744.2%
Q3 24
48.8%
-134.6%
Q2 24
46.9%
-163.3%
Net Margin
ESQ
ESQ
SOUN
SOUN
Q1 26
30.2%
Q4 25
34.2%
72.8%
Q3 25
37.4%
-259.9%
Q2 25
33.2%
-175.1%
Q1 25
33.8%
446.1%
Q4 24
35.6%
-748.6%
Q3 24
35.6%
-86.7%
Q2 24
34.3%
-277.2%
EPS (diluted)
ESQ
ESQ
SOUN
SOUN
Q1 26
$1.40
Q4 25
$1.54
$-0.13
Q3 25
$1.62
$-0.27
Q2 25
$1.38
$-0.19
Q1 25
$1.33
$0.31
Q4 24
$1.35
$-0.75
Q3 24
$1.34
$-0.06
Q2 24
$1.25
$-0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ESQ
ESQ
SOUN
SOUN
Cash + ST InvestmentsLiquidity on hand
$222.2M
$248.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$301.3M
$463.8M
Total Assets
$2.4B
$688.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESQ
ESQ
SOUN
SOUN
Q1 26
$222.2M
Q4 25
$235.9M
$248.5M
Q3 25
$240.8M
$268.9M
Q2 25
$163.0M
$230.3M
Q1 25
$173.0M
$245.8M
Q4 24
$126.3M
$198.2M
Q3 24
$147.7M
$135.6M
Q2 24
$152.7M
$200.2M
Total Debt
ESQ
ESQ
SOUN
SOUN
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Stockholders' Equity
ESQ
ESQ
SOUN
SOUN
Q1 26
$301.3M
Q4 25
$289.6M
$463.8M
Q3 25
$279.2M
$399.2M
Q2 25
$263.6M
$359.8M
Q1 25
$250.7M
$397.0M
Q4 24
$237.1M
$182.7M
Q3 24
$232.6M
$296.0M
Q2 24
$217.4M
$223.9M
Total Assets
ESQ
ESQ
SOUN
SOUN
Q1 26
$2.4B
Q4 25
$2.4B
$688.2M
Q3 25
$2.2B
$702.2M
Q2 25
$2.1B
$579.5M
Q1 25
$2.0B
$587.5M
Q4 24
$1.9B
$554.0M
Q3 24
$1.8B
$499.7M
Q2 24
$1.7B
$266.7M
Debt / Equity
ESQ
ESQ
SOUN
SOUN
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ESQ
ESQ
SOUN
SOUN
Operating Cash FlowLast quarter
$-21.9M
Free Cash FlowOCF − Capex
$-22.3M
FCF MarginFCF / Revenue
-40.4%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
-0.55×
TTM Free Cash FlowTrailing 4 quarters
$-99.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESQ
ESQ
SOUN
SOUN
Q1 26
Q4 25
$59.8M
$-21.9M
Q3 25
$16.8M
$-32.7M
Q2 25
$10.5M
$-24.5M
Q1 25
$15.8M
$-19.2M
Q4 24
$42.2M
$-33.1M
Q3 24
$10.5M
$-35.3M
Q2 24
$7.2M
$-18.5M
Free Cash Flow
ESQ
ESQ
SOUN
SOUN
Q1 26
Q4 25
$56.7M
$-22.3M
Q3 25
$16.2M
$-32.8M
Q2 25
$9.3M
$-24.7M
Q1 25
$14.7M
$-19.3M
Q4 24
$41.5M
$-33.2M
Q3 24
$10.5M
$-35.5M
Q2 24
$6.9M
$-18.7M
FCF Margin
ESQ
ESQ
SOUN
SOUN
Q1 26
Q4 25
143.9%
-40.4%
Q3 25
43.2%
-78.1%
Q2 25
26.0%
-57.8%
Q1 25
43.4%
-66.4%
Q4 24
125.5%
-96.1%
Q3 24
32.8%
-141.6%
Q2 24
22.5%
-139.1%
Capex Intensity
ESQ
ESQ
SOUN
SOUN
Q1 26
Q4 25
8.0%
0.7%
Q3 25
1.3%
0.4%
Q2 25
3.2%
0.4%
Q1 25
3.4%
0.6%
Q4 24
2.2%
0.2%
Q3 24
0.2%
0.9%
Q2 24
1.1%
1.8%
Cash Conversion
ESQ
ESQ
SOUN
SOUN
Q1 26
Q4 25
4.44×
-0.55×
Q3 25
1.19×
Q2 25
0.88×
Q1 25
1.39×
-0.15×
Q4 24
3.59×
Q3 24
0.93×
Q2 24
0.69×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ESQ
ESQ

Net Interest Income$34.0M84%
Noninterest Income$6.5M16%

SOUN
SOUN

Hosted Services$37.7M68%
Licensing$12.6M23%
Professional Service$4.6M8%

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