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Side-by-side financial comparison of SOUNDHOUND AI, INC. (SOUN) and SOUTH PLAINS FINANCIAL, INC. (SPFI). Click either name above to swap in a different company.

SOUNDHOUND AI, INC. is the larger business by last-quarter revenue ($55.1M vs $54.1M, roughly 1.0× SOUTH PLAINS FINANCIAL, INC.). SOUNDHOUND AI, INC. runs the higher net margin — 72.8% vs 26.9%, a 45.9% gap on every dollar of revenue. Over the past eight quarters, SOUNDHOUND AI, INC.'s revenue compounded faster (117.9% CAGR vs 5.6%).

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.

Ally Financial Inc. is an American bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan. The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.

SOUN vs SPFI — Head-to-Head

Bigger by revenue
SOUN
SOUN
1.0× larger
SOUN
$55.1M
$54.1M
SPFI
Higher net margin
SOUN
SOUN
45.9% more per $
SOUN
72.8%
26.9%
SPFI
Faster 2-yr revenue CAGR
SOUN
SOUN
Annualised
SOUN
117.9%
5.6%
SPFI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SOUN
SOUN
SPFI
SPFI
Revenue
$55.1M
$54.1M
Net Profit
$40.1M
$14.5M
Gross Margin
47.9%
Operating Margin
77.3%
Net Margin
72.8%
26.9%
Revenue YoY
59.4%
Net Profit YoY
115.5%
18.3%
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
SOUN
SOUN
SPFI
SPFI
Q1 26
$54.1M
Q4 25
$55.1M
$53.9M
Q3 25
$42.0M
$54.2M
Q2 25
$42.7M
$54.7M
Q1 25
$29.1M
$49.2M
Q4 24
$34.5M
$51.9M
Q3 24
$25.1M
$47.9M
Q2 24
$13.5M
$48.6M
Net Profit
SOUN
SOUN
SPFI
SPFI
Q1 26
$14.5M
Q4 25
$40.1M
Q3 25
$-109.3M
$16.3M
Q2 25
$-74.7M
$14.6M
Q1 25
$129.9M
$12.3M
Q4 24
$-258.6M
Q3 24
$-21.8M
$11.2M
Q2 24
$-37.3M
$11.1M
Gross Margin
SOUN
SOUN
SPFI
SPFI
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
SOUN
SOUN
SPFI
SPFI
Q1 26
Q4 25
77.3%
35.4%
Q3 25
-275.6%
38.1%
Q2 25
-182.9%
34.1%
Q1 25
31.9%
Q4 24
-744.2%
39.9%
Q3 24
-134.6%
29.8%
Q2 24
-163.3%
29.3%
Net Margin
SOUN
SOUN
SPFI
SPFI
Q1 26
26.9%
Q4 25
72.8%
Q3 25
-259.9%
30.1%
Q2 25
-175.1%
26.7%
Q1 25
446.1%
25.0%
Q4 24
-748.6%
Q3 24
-86.7%
23.4%
Q2 24
-277.2%
22.9%
EPS (diluted)
SOUN
SOUN
SPFI
SPFI
Q1 26
Q4 25
$-0.13
$0.90
Q3 25
$-0.27
$0.96
Q2 25
$-0.19
$0.86
Q1 25
$0.31
$0.72
Q4 24
$-0.75
$0.96
Q3 24
$-0.06
$0.66
Q2 24
$-0.11
$0.66

Balance Sheet & Financial Strength

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

Metric
SOUN
SOUN
SPFI
SPFI
Cash + ST InvestmentsLiquidity on hand
$248.5M
$722.0M
Total DebtLower is stronger
$3.0K
Stockholders' EquityBook value
$463.8M
$504.9M
Total Assets
$688.2M
$4.6B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SOUN
SOUN
SPFI
SPFI
Q1 26
$722.0M
Q4 25
$248.5M
$552.4M
Q3 25
$268.9M
$635.0M
Q2 25
$230.3M
$470.5M
Q1 25
$245.8M
$536.3M
Q4 24
$198.2M
$359.1M
Q3 24
$135.6M
$471.2M
Q2 24
$200.2M
$298.0M
Total Debt
SOUN
SOUN
SPFI
SPFI
Q1 26
$3.0K
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Stockholders' Equity
SOUN
SOUN
SPFI
SPFI
Q1 26
$504.9M
Q4 25
$463.8M
$493.8M
Q3 25
$399.2M
$477.8M
Q2 25
$359.8M
$454.1M
Q1 25
$397.0M
$443.7M
Q4 24
$182.7M
$438.9M
Q3 24
$296.0M
$443.1M
Q2 24
$223.9M
$418.0M
Total Assets
SOUN
SOUN
SPFI
SPFI
Q1 26
$4.6B
Q4 25
$688.2M
$4.5B
Q3 25
$702.2M
$4.5B
Q2 25
$579.5M
$4.4B
Q1 25
$587.5M
$4.4B
Q4 24
$554.0M
$4.2B
Q3 24
$499.7M
$4.3B
Q2 24
$266.7M
$4.2B
Debt / Equity
SOUN
SOUN
SPFI
SPFI
Q1 26
0.00×
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
SOUN
SOUN
SPFI
SPFI
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
SOUN
SOUN
SPFI
SPFI
Q1 26
Q4 25
$-21.9M
$77.5M
Q3 25
$-32.7M
$24.2M
Q2 25
$-24.5M
$14.7M
Q1 25
$-19.2M
$26.1M
Q4 24
$-33.1M
$59.4M
Q3 24
$-35.3M
$17.9M
Q2 24
$-18.5M
$18.2M
Free Cash Flow
SOUN
SOUN
SPFI
SPFI
Q1 26
Q4 25
$-22.3M
$71.8M
Q3 25
$-32.8M
$22.5M
Q2 25
$-24.7M
$13.0M
Q1 25
$-19.3M
$25.0M
Q4 24
$-33.2M
$56.0M
Q3 24
$-35.5M
$17.1M
Q2 24
$-18.7M
$17.1M
FCF Margin
SOUN
SOUN
SPFI
SPFI
Q1 26
Q4 25
-40.4%
133.3%
Q3 25
-78.1%
41.5%
Q2 25
-57.8%
23.8%
Q1 25
-66.4%
50.8%
Q4 24
-96.1%
108.0%
Q3 24
-141.6%
35.7%
Q2 24
-139.1%
35.2%
Capex Intensity
SOUN
SOUN
SPFI
SPFI
Q1 26
Q4 25
0.7%
10.5%
Q3 25
0.4%
3.2%
Q2 25
0.4%
3.2%
Q1 25
0.6%
2.3%
Q4 24
0.2%
6.5%
Q3 24
0.9%
1.6%
Q2 24
1.8%
2.2%
Cash Conversion
SOUN
SOUN
SPFI
SPFI
Q1 26
Q4 25
-0.55×
Q3 25
1.48×
Q2 25
1.01×
Q1 25
-0.15×
2.12×
Q4 24
Q3 24
1.59×
Q2 24
1.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SOUN
SOUN

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

SPFI
SPFI

Net Interest Income$42.9M79%
Noninterest Income$11.3M21%

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