SoundHound AI Inc
NASDAQ:SOUN
Income Statement
Earnings Waterfall
SoundHound AI Inc
Income Statement
SoundHound AI Inc
| Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||
| Interest Expense |
6
|
8
|
12
|
11
|
9
|
7
|
5
|
8
|
12
|
17
|
21
|
20
|
17
|
12
|
7
|
3
|
2
|
|
| Revenue |
20
N/A
|
21
+5%
|
22
+4%
|
20
-10%
|
27
+36%
|
31
+15%
|
34
+8%
|
36
+8%
|
38
+6%
|
46
+20%
|
51
+11%
|
55
+9%
|
67
+21%
|
85
+26%
|
102
+21%
|
131
+29%
|
148
+13%
|
|
| Gross Profit | ||||||||||||||||||
| Cost of Revenue |
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(10)
|
(10)
|
(9)
|
(10)
|
(11)
|
(14)
|
(17)
|
(26)
|
(43)
|
(57)
|
(78)
|
(89)
|
|
| Gross Profit |
14
N/A
|
15
+7%
|
15
+4%
|
12
-20%
|
18
+51%
|
22
+17%
|
24
+10%
|
27
+14%
|
28
+4%
|
35
+23%
|
37
+6%
|
38
+4%
|
41
+7%
|
41
+1%
|
45
+9%
|
53
+18%
|
59
+11%
|
|
| Operating Income | ||||||||||||||||||
| Operating Expenses |
(75)
|
(80)
|
(84)
|
(98)
|
(114)
|
(127)
|
(130)
|
(121)
|
(110)
|
(99)
|
(108)
|
(115)
|
(137)
|
(383)
|
(245)
|
(294)
|
(382)
|
|
| Selling, General & Administrative |
(19)
|
(21)
|
(23)
|
(31)
|
(43)
|
(51)
|
(56)
|
(54)
|
(49)
|
(47)
|
(51)
|
(55)
|
(69)
|
(82)
|
(97)
|
(116)
|
(131)
|
|
| Research & Development |
(56)
|
(59)
|
(62)
|
(66)
|
(71)
|
(76)
|
(74)
|
(67)
|
(60)
|
(51)
|
(52)
|
(56)
|
(63)
|
(71)
|
(80)
|
(91)
|
(94)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(4)
|
(7)
|
(10)
|
(13)
|
(14)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(3)
|
(2)
|
(223)
|
(58)
|
(75)
|
(142)
|
|
| Operating Income |
(62)
N/A
|
(65)
-6%
|
(69)
-6%
|
(86)
-24%
|
(95)
-11%
|
(106)
-11%
|
(106)
-1%
|
(94)
+12%
|
(81)
+13%
|
(64)
+21%
|
(71)
-11%
|
(77)
-8%
|
(96)
-25%
|
(341)
-256%
|
(200)
+41%
|
(241)
-20%
|
(323)
-34%
|
|
| Pre-Tax Income | ||||||||||||||||||
| Interest Income Expense |
(10)
|
(13)
|
(16)
|
(15)
|
(11)
|
(7)
|
(4)
|
(8)
|
(10)
|
(14)
|
(17)
|
(14)
|
(9)
|
(4)
|
3
|
4
|
3
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
(5)
|
(5)
|
(1)
|
(17)
|
(16)
|
(16)
|
0
|
(0)
|
(0)
|
|
| Total Other Income |
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(3)
|
(3)
|
(2)
|
(2)
|
3
|
3
|
1
|
1
|
3
|
10
|
|
| Pre-Tax Income |
(72)
N/A
|
(79)
-10%
|
(86)
-8%
|
(101)
-18%
|
(107)
-5%
|
(114)
-7%
|
(115)
-1%
|
(109)
+5%
|
(99)
+9%
|
(85)
+14%
|
(92)
-8%
|
(104)
-14%
|
(118)
-13%
|
(360)
-205%
|
(196)
+45%
|
(233)
-19%
|
(310)
-33%
|
|
| Net Income | ||||||||||||||||||
| Tax Provision |
(2)
|
(0)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
8
|
9
|
9
|
8
|
(3)
|
|
| Income from Continuing Operations |
(74)
|
(80)
|
(86)
|
(102)
|
(107)
|
(117)
|
(118)
|
(112)
|
(103)
|
(89)
|
(96)
|
(109)
|
(110)
|
(351)
|
(188)
|
(225)
|
(313)
|
|
| Net Income (Common) |
(74)
N/A
|
(80)
-7%
|
(86)
-8%
|
(102)
-19%
|
(107)
-5%
|
(117)
-9%
|
(118)
-1%
|
(113)
+4%
|
(105)
+7%
|
(92)
+13%
|
(99)
-8%
|
(110)
-12%
|
(111)
-1%
|
(351)
-216%
|
(189)
+46%
|
(226)
-20%
|
(315)
-40%
|
|
| EPS (Diluted) |
-0.37
N/A
|
-0.41
-11%
|
-0.44
-7%
|
-0.63
-43%
|
-0.54
+14%
|
-0.74
-37%
|
-0.57
+23%
|
-0.43
+25%
|
-0.43
N/A
|
-0.4
+7%
|
-0.34
+15%
|
-0.33
+3%
|
-0.3
+9%
|
-1.04
-247%
|
-0.45
+57%
|
-0.56
-24%
|
-0.76
-36%
|
|