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Side-by-side financial comparison of NIP Group Inc. (NIPG) 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 $39.3M, roughly 1.4× NIP Group Inc.). SOUNDHOUND AI, INC. runs the higher net margin — 72.8% vs -11.9%, a 84.6% gap on every dollar of revenue.

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.

NIPG vs SOUN — Head-to-Head

Bigger by revenue
SOUN
SOUN
1.4× larger
SOUN
$55.1M
$39.3M
NIPG
Higher net margin
SOUN
SOUN
84.6% more per $
SOUN
72.8%
-11.9%
NIPG

Income Statement — Q2 FY2024 vs Q4 FY2025

Metric
NIPG
NIPG
SOUN
SOUN
Revenue
$39.3M
$55.1M
Net Profit
$-4.7M
$40.1M
Gross Margin
6.0%
47.9%
Operating Margin
-13.0%
77.3%
Net Margin
-11.9%
72.8%
Revenue YoY
59.4%
Net Profit YoY
115.5%
EPS (diluted)
$-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
NIPG
NIPG
SOUN
SOUN
Q4 25
$55.1M
Q3 25
$42.0M
Q2 25
$42.7M
Q1 25
$29.1M
Q4 24
$34.5M
Q3 24
$25.1M
Q2 24
$39.3M
$13.5M
Q1 24
$11.6M
Net Profit
NIPG
NIPG
SOUN
SOUN
Q4 25
$40.1M
Q3 25
$-109.3M
Q2 25
$-74.7M
Q1 25
$129.9M
Q4 24
$-258.6M
Q3 24
$-21.8M
Q2 24
$-4.7M
$-37.3M
Q1 24
$-33.0M
Gross Margin
NIPG
NIPG
SOUN
SOUN
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
6.0%
63.0%
Q1 24
59.7%
Operating Margin
NIPG
NIPG
SOUN
SOUN
Q4 25
77.3%
Q3 25
-275.6%
Q2 25
-182.9%
Q1 25
Q4 24
-744.2%
Q3 24
-134.6%
Q2 24
-13.0%
-163.3%
Q1 24
-246.1%
Net Margin
NIPG
NIPG
SOUN
SOUN
Q4 25
72.8%
Q3 25
-259.9%
Q2 25
-175.1%
Q1 25
446.1%
Q4 24
-748.6%
Q3 24
-86.7%
Q2 24
-11.9%
-277.2%
Q1 24
-284.7%
EPS (diluted)
NIPG
NIPG
SOUN
SOUN
Q4 25
$-0.13
Q3 25
$-0.27
Q2 25
$-0.19
Q1 25
$0.31
Q4 24
$-0.75
Q3 24
$-0.06
Q2 24
$-0.11
Q1 24
$-0.12

Balance Sheet & Financial Strength

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

Metric
NIPG
NIPG
SOUN
SOUN
Cash + ST InvestmentsLiquidity on hand
$6.8M
$248.5M
Total DebtLower is stronger
$3.8M
Stockholders' EquityBook value
$463.8M
Total Assets
$305.3M
$688.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NIPG
NIPG
SOUN
SOUN
Q4 25
$248.5M
Q3 25
$268.9M
Q2 25
$230.3M
Q1 25
$245.8M
Q4 24
$198.2M
Q3 24
$135.6M
Q2 24
$6.8M
$200.2M
Q1 24
$211.7M
Total Debt
NIPG
NIPG
SOUN
SOUN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
$3.8M
Q1 24
$85.5M
Stockholders' Equity
NIPG
NIPG
SOUN
SOUN
Q4 25
$463.8M
Q3 25
$399.2M
Q2 25
$359.8M
Q1 25
$397.0M
Q4 24
$182.7M
Q3 24
$296.0M
Q2 24
$223.9M
Q1 24
$155.5M
Total Assets
NIPG
NIPG
SOUN
SOUN
Q4 25
$688.2M
Q3 25
$702.2M
Q2 25
$579.5M
Q1 25
$587.5M
Q4 24
$554.0M
Q3 24
$499.7M
Q2 24
$305.3M
$266.7M
Q1 24
$287.4M
Debt / Equity
NIPG
NIPG
SOUN
SOUN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
Q2 24
Q1 24
0.55×

Cash Flow & Capital Efficiency

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

Metric
NIPG
NIPG
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
NIPG
NIPG
SOUN
SOUN
Q4 25
$-21.9M
Q3 25
$-32.7M
Q2 25
$-24.5M
Q1 25
$-19.2M
Q4 24
$-33.1M
Q3 24
$-35.3M
Q2 24
$-18.5M
Q1 24
$-21.9M
Free Cash Flow
NIPG
NIPG
SOUN
SOUN
Q4 25
$-22.3M
Q3 25
$-32.8M
Q2 25
$-24.7M
Q1 25
$-19.3M
Q4 24
$-33.2M
Q3 24
$-35.5M
Q2 24
$-18.7M
Q1 24
$-22.0M
FCF Margin
NIPG
NIPG
SOUN
SOUN
Q4 25
-40.4%
Q3 25
-78.1%
Q2 25
-57.8%
Q1 25
-66.4%
Q4 24
-96.1%
Q3 24
-141.6%
Q2 24
-139.1%
Q1 24
-190.2%
Capex Intensity
NIPG
NIPG
SOUN
SOUN
Q4 25
0.7%
Q3 25
0.4%
Q2 25
0.4%
Q1 25
0.6%
Q4 24
0.2%
Q3 24
0.9%
Q2 24
1.8%
Q1 24
0.9%
Cash Conversion
NIPG
NIPG
SOUN
SOUN
Q4 25
-0.55×
Q3 25
Q2 25
Q1 25
-0.15×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NIPG
NIPG

Segment breakdown not available.

SOUN
SOUN

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

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