SOUNDHOUND AI, INC.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $61.9M | $44.2M | $55.1M | $42.0M | $42.7M | $29.1M | $34.5M | $25.1M |
| Cost of Revenue | $34.0M | $30.5M | $28.7M | $24.1M | $26.0M | $18.5M | $20.8M | $12.9M |
| Gross Profit | $27.9M | $13.7M | $26.4M | $17.9M | $16.7M | $10.6M | $13.8M | $12.2M |
| Gross Margin | 45.1% | 31.1% | 47.9% | 42.6% | 39.0% | 36.5% | 39.9% | 48.6% |
| Operating Expenses | ||||||||
| Research & Development | $27.1M | $26.2M | $24.8M | $22.8M | $25.8M | $24.8M | $20.4M | $19.5M |
| SG&A Expense | $26.0M | $25.7M | $21.2M | $24.3M | $18.2M | $18.4M | $16.4M | $17.0M |
| Operating Income | $-43.3M | $-22.7M | $42.6M | $-115.9M | $-78.1M | $128.1M | $-257.1M | $-33.8M |
| Operating Margin | -70.0% | -51.3% | 77.3% | -275.6% | -182.9% | 439.8% | -744.2% | -134.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-40.6M | $-24.2M | $42.3M | $-108.8M | $-73.5M | $130.8M | $-258.3M | $-32.2M |
| Income Tax Expense | $2.2M | $798.0K | $2.2M | $457.0K | $1.3M | $819.0K | $311.0K | $-10.5M |
| Net Income | $-42.8M | $-25.0M | $40.1M | $-109.3M | $-74.7M | $129.9M | $-258.6M | $-21.8M |
| Net Margin | -69.2% | -56.6% | 72.8% | -259.9% | -175.1% | 446.1% | -748.6% | -86.7% |
| EPS (Basic) | $-0.10 | $-0.06 | $0.10 | $-0.27 | $-0.19 | $0.33 | $-0.75 | $-0.06 |
| EPS (Diluted) | $-0.10 | $-0.11 | $-0.13 | $-0.27 | $-0.19 | $0.31 | $-0.75 | $-0.06 |
| Shares Outstanding (Basic) | 430.5M | 421.5M | 405.4M | 409.8M | 400.1M | 393.9M | 338.5M | 360.4M |
| Shares Outstanding (Diluted) | 438.6M | 429.8M | 409.5M | 411.7M | 402.0M | 414.2M | 338.5M | 360.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |