SOUN · XBRL financial data
Soundhound AI financial statements, every quarter
The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (SOUN's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue | 4 | 4* | 5 | 5 | 13 | 21* | 19 | 26 | 24 | 29* | 30 | 34 |
| Research and development | 13 | 13* | 15 | 16 | 20 | 20* | 25 | 26 | 23 | 25* | 26 | 27 |
| General and administrative | 7 | 8* | 10 | 10 | 17 | 16* | 18 | 18 | 24 | 21* | 26 | 26 |
| Other operating income (expense) | 1 | 1* | 1 | 5 | 3 | — | 3 | 5 | 7 | — | — | — |
| Operating income (loss) | (15) | (12)* | (29) | (22) | (34) | (257)* | 128 | (78) | (116) | 43* | (23) | (43) |
| Interest expense | 5 | 5* | 6 | 4 | 1 | 1* | 0 | 0 | 0 | 0* | 0 | 0 |
| Other income (expense) | (4) | (4)* | (4) | (15) | 2 | 27* | 3 | 5 | 7 | 0* | (1) | 3 |
| Income tax expense (benefit) | 2 | 2* | 0 | 1 | (10) | 0* | 1 | 1 | 0 | 2* | 1 | 2 |
| Net income (loss) | (20) | (18)* | (33) | (37) | (22) | (259)* | 130 | (75) | (109) | 40* | (25) | (43) |
| Earnings per share, basic USD per share | (0.09) | (0.07)* | (0.12) | (0.11) | (0.06) | — | 0.33 | (0.19) | (0.27) | 0.10* | (0.06) | (0.10) |
| Earnings per share, diluted USD per share | (0.09) | (0.07)* | (0.12) | (0.11) | (0.06) | — | 0.31 | (0.19) | (0.27) | — | (0.11) | (0.10) |
| Weighted average shares, basic millions of shares | 242 | 249* | 287 | 332 | 360 | 374* | 394 | 400 | 410 | 418* | 421 | 431 |
| Weighted average shares, diluted millions of shares | 242 | 249* | 287 | 332 | 360 | 374* | 414 | 402 | 412 | 410* | 430 | 439 |
Balance sheet
CSVFiscal quarters (SOUN's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | 96 | 95 | 212 | 200 | 136 | 198 | 246 | 230 | 269 | 248 | 216 | 203 |
| Total current assets | 109 | 114 | 234 | 224 | 181 | 256 | 295 | 282 | 335 | 329 | 289 | 277 |
| Right-of-use asset | 6 | 5 | 5 | 4 | 4 | 5 | 5 | 4 | 4 | 4 | 6 | 5 |
| Goodwill | — | 0 | 6 | 6 | 112 | 102 | 101 | 101 | 122 | 122 | 122 | 122 |
| Total assets | 144 | 151 | 287 | 267 | 500 | 554 | 588 | 579 | 702 | 688 | 645 | 668 |
| Accounts payable | 2 | 2 | 3 | 4 | 18 | 6 | 7 | 10 | 7 | 11 | 8 | 8 |
| Accrued liabilities | 11 | 14 | 15 | 13 | 23 | 26 | 18 | 19 | 28 | 26 | 29 | 31 |
| Current portion of long-term debt | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | — |
| Total current liabilities | 21 | 24 | 26 | 26 | 70 | 68 | 60 | 58 | 65 | 72 | 73 | 71 |
| Long-term debt | 83 | 84 | 86 | 0 | 40 | 0 | — | — | — | — | — | — |
| Lease liability, non-current | 4 | 3 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 3 | 3 |
| Total liabilities | 118 | 123 | 132 | 43 | 204 | 371 | 191 | 220 | 303 | 224 | 184 | 177 |
| Accumulated deficit | (574) | (592) | (625) | (663) | (684) | (943) | (813) | (888) | (997) | (957) | (982) | (1,025) |
| Total stockholders' equity | 26 | 28 | 155 | 224 | 296 | 183 | 397 | 360 | 399 | 464 | 461 | 490 |
| Total liabilities and equity | 144 | 151 | 287 | 267 | 500 | 554 | 588 | 579 | 702 | 688 | 645 | 668 |
Cash flows
CSVFiscal quarters (SOUN's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | (20) | (18)* | (33) | (37) | (22) | (259)* | 130 | (75) | (109) | 40* | (25) | (43) |
| Stock-based compensation | 7* | 7* | 7 | 7* | 9* | 10* | 17 | 24* | 20* | 20* | 19 | 21* |
| Depreciation and amortization | — | year only | — | — | — | year only | — | — | — | year only | — | — |
| Net cash from operating activities | (21)* | (14)* | (22) | (18)* | (35)* | (33)* | (19) | (24)* | (33)* | (22)* | (26) | (34)* |
| Purchases of property and equipment | 0* | 0* | 0 | 0* | 0* | 0* | 0 | 0* | 0* | 0* | 0 | 0* |
| Net cash from investing activities | (0)* | (0)* | (4) | (1)* | (8)* | (0)* | (0) | (0)* | (57)* | (3)* | (3) | (30)* |
| Proceeds from issuing common stock | 1* | 1* | 9 | — | — | year only | 0 | 0 | 0 | (0)* | — | — |
| Proceeds from long-term debt | 0* | 0* | — | — | — | year only | — | — | — | year only | — | — |
| Repayments of long-term debt | 0* | 0* | 0 | 106* | 70* | 40* | — | — | — | 0* | — | — |
| Net cash from financing activities | 1* | 13* | 143 | (6)* | (22)* | 95* | 67 | 10* | 128* | 4* | (3) | 50* |
| Net change in cash | (20)* | (1)* | 117 | (25)* | (65)* | 62* | 48 | (15)* | 39* | (21)* | (33) | (13)* |
Compare with peers
SIC 7372 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7372 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Soundhound AI | 203 | not reported | (34)* | not reported | 6.0 quarters | 10-QJun 30, 2026 |
| Workiva | 252 | 255 | 78 | not reported | — | 10-QJun 30, 2026 |
| Qualys | 250 | 182 | 60* | 34.6M | — | 10-QJun 30, 2026 |
| Rigetti Computing | 28 | not reported | (16)* | 333.8M | 1.8 quarters | 10-QJun 30, 2026 |
| Aci Worldwide | 167 | 430 | 71* | 101.0M | — | 10-QJun 30, 2026 |
| AvePoint | 417 | 124 | 16* | 211.6M | — | 10-QJun 30, 2026 |
| Blackline | 243 | 188 | 45* | 58.1M | — | 10-QJun 30, 2026 |
| Tenable Holdings | 317 | 276 | 73* | 104.5M | — | 10-QSep 30, 2026 |
| Neutron Holdings | 278 | 304 | not reported | 65.0M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.