SoundHound AI, Inc. (SOUN)

SoundHound AI, Inc. provides independent voice artificial intelligence (AI) solutions that enables businesses across the automotive, TV, IoT, and customer service industries to deliver conversational experiences to customers in the United States, Korea, France, Japan, Germany, and internationally. The company offers Houndify platform, which provides a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI, a voice assistant with integrated generative AI that integrates with knowledge domains, pulling real-time data, such as weather, sports, stocks, flight status, restaurants, and other data; and SoundHound Smart Answering, which offers customer establishments the option to build an easy to use custom AI-powered voice assistant. It also provides CaiNET software that uses machine learning to enhance how domains work together to handle complex queries; CaiLAN software that arbitrates responses, so users get answers from the right domain; Dynamic Interaction, a real-time multimodal customer service interface; Smart Ordering, which offers an easy-to-understand voice assistant for restaurants; automatic speech recognition; natural language understanding; wake words; custom domains; text-to-speech; Employee Assist; and edge and cloud connectivity, which includes embedded voice solutions. In addition, the company offers Amelia Platform, which builds AI agents for enterprises; Chat AI for Automotive; Dynamic Drive-Thru for GenAI; Voice Commerce, which connects drivers and merchants with Voice AI; Autonomics Platform; Custom Voice AI Solutions; Voice AI Platform; and SoundHound Music App. SoundHound AI, Inc. was founded in 2005 and is headquartered in Santa Clara, California.

Ticker
SOUN
Exchange
Nasdaq
Sector
Technology
Industry
Software - Application
Market cap
$1.77B
52-week range
$3.88 - $15.68

Valuation

Share price
$4.11 (close of Nov 6, 2026)
P/E (TTM)
-12.45x
Price to book
3.61x
Price to free cash flow
-15.27x
Enterprise value
$1.57B
Book value per share
$1.14

Price performance

PeriodChange
1 day-3.52%
5 days-2.61%
1 month-28.15%
3 months-41.95%
6 months-56.14%
Year to date-58.78%
1 year-71.12%
3 years+130.90%
All time-45.20%

Short interest

As of
Oct 15, 2026
Short % of float
41.35%
Shares short
170.80M
Days to cover
10.05
Change since prior report
+7.47%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
-3.02%
Return on invested capital
-4.97%
Return on assets
-2.04%
Return on capital employed
-3.78%
Gross margin
42.36%
Net margin
-8.29%
EBITDA margin
6.43%
Revenue growth
99.45%

Cash flow and balance sheet

Free cash flow yield (TTM)
-6.55%
Current ratio
3.91x
Net debt to EBITDA
2.24x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$168.92M
Cost of revenue
$97.37M
Gross profit
$71.55M
EBITDA
$10.86M
Net income
-$14.01M
Earnings per share
$-0.03
Research and development
$98.25M
Interest expense
$670.00K
Shares outstanding
405.42M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$168.92M$71.55M-$14.01M-$0.03
2024-12-31$84.69M$41.38M-$350.68M-$1.04
2023-12-31$45.87M$34.57M-$88.94M-$0.40
2022-12-31$31.13M$21.53M-$116.71M-$0.74
2021-12-31$21.20M$14.61M-$79.54M-$1.18
2020-12-31$13.02M$7.15M-$74.41M-
2019-12-31$7.68M$3.16M-$64.47M-

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3142.36%-8.29%-3.02%-4.97%
2024-12-3148.86%-414.06%-191.99%-177.59%
2023-12-3175.35%-193.88%--57.98%
2022-12-3169.16%-374.93%--
2021-12-3168.93%-375.24%--
2020-12-3154.96%-571.61%--
2019-12-3141.19%-839.74%--

Cash and debt by year

Period endCashDebt
2025-12-31$248.49M-
2024-12-31$198.24M-
2023-12-31$95.26M$84.31M
2022-12-31$9.24M$18.30M
2021-12-31$21.63M-
2020-12-31$43.69M-
2019-12-31$38.22M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31-$99.12M$80.62M
2024-12-31-$109.52M$33.15M
2023-12-31-$68.66M$27.93M
2022-12-31-$95.35M$28.79M
2021-12-31-$66.81M$6.32M
2020-12-31-$48.47M$5.90M
2019-12-31-$51.14M$3.33M

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-11-05Sep 2026-$0.12
2026-08-05Jun 2026-$0.13
2026-05-07Mar 2026-$0.11
2026-02-26Dec 2025-$0.11
2025-11-06Sep 2025-$0.09
2025-08-07Jun 2025-$0.09
2025-05-08Mar 2025-$0.09
2025-02-27Dec 2024-$0.11

Filings and sources

Company website
soundhound.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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