SoundHound AI Inc

SoundHound AI Inc

SOUN · NASDAQ · Technology / Software - Application

3.49USD-0.11 (-3.06%)

Price History

Full chart

Market Stats

Previous Close3.60
Open3.62
Day Range3.40 – 3.62
52-Week Range5.65 – 22.17
Volume18.85M
Market Cap2.69B
P/E (TTM)0.00
Forward P/E227.27
EPS-0.62
Dividend Yield0.00%
Beta2.83
50-Day Avg6.64
200-Day Avg7.97

About

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.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEODr. Keyvan Mohajer
  • Employees954
  • Headquarters5400 Betsy Ross Drive, Santa Clara, CA, United States, 95054, USA
  • Websitehttps://www.soundhound.com

Leadership

  • Dr. Keyvan MohajerCo-Founder, CEO, President & Director · b. 1978
  • Mr. James HomCo-Founder, Chief Product Officer & Director · b. 1984
  • Dr. Seyed Majid EmamiCo-Founder, Chief Science Officer & Senior VP of Engineering · b. 1978
  • Mr. Michael ZagorsekChief Operating Officer · b. 1976
  • Mr. John Deneen Collins J.D.Chief Financial Officer · b. 1982
  • Mr. Timothy StonehockerChief Technology Officer · b. 1982
  • Ms. Shawnna DelHierroSenior VP & Chief Information Officer
  • Scott SmithHead of Investor Relations
  • Mr. Warren Heit J.D.Senior VP of Legal & General Counsel
  • Mr. Amir ArbabiSenior Vice President of Business Development · b. 1978

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue7.68M13.02M21.20M31.13M45.87M84.69M168.92M
Growth (%)-+69.56%+62.84%+46.86%+47.36%+84.62%+99.45%
Cost of Revenue4.51M5.86M6.58M9.60M11.31M43.31M97.37M
Gross Profit3.16M7.15M14.61M21.53M34.57M41.38M71.55M
Gross Margin41.19%54.96%68.93%69.16%75.35%48.86%42.36%
Operating Expense67.74M73.16M79.94M127.20M103.17M382.74M94.82M
Operating Income-64.57M-66.00M-65.33M-105.67M-68.61M-341.35M-23.27M
Operating Margin-841.14%-507.06%-308.19%-339.46%-149.56%-403.05%-13.78%
EBITDA-59.90M-65.36M-61.65M-99.70M-62.63M-329.09M25.53M
EBITDA Margin-780.29%-502.14%-290.86%-320.30%-136.53%-388.57%15.11%
Net Income-64.47M-74.41M-79.54M-116.71M-88.94M-350.68M-14.01M
Net Income Margin-839.74%-571.61%-375.24%-374.93%-193.88%-414.06%-8.29%
R&D47.77M54.28M59.18M76.39M51.44M70.56M98.25M
R&D as % of Total Revenue622.24%416.99%279.18%245.40%112.13%83.31%58.16%
Interest Expense02.27M8.34M6.89M16.73M12.17M670.00K
Interest Expense % of Total Revenue0.00%17.43%39.35%22.14%36.48%14.37%0.40%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets64.16M63.64M49.20M37.99M151.12M553.95M688.17M
Total Liabilities44.02M339.99M392.44M74.55M122.95M371.30M224.39M
Total Equity20.14M-276.35M-343.24M-36.56M28.17M182.65M463.79M
Cash24.63M43.69M21.63M9.24M95.26M198.24M248.49M
Total Debt6.33M16.64M73.32M44.12M90.16M4.35M4.21M
Net Debt-18.31M-27.05M51.69M34.88M-5.10M-193.89M-244.28M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-46.03M-46.30M-66.18M-94.02M-68.27M-108.88M-98.22M
Investing Cash Flow8.32M11.45M-636.00K-1.33M-392.00K-12.37M-59.50M
Financing Cash Flow-2.33M53.45M44.65M82.00M168.24M210.91M208.07M
Capital Expenditure5.11M2.16M636.00K1.33M392.00K640.00K4.90M
Free Cash Flow-51.14M-48.47M-66.81M-95.35M-68.66M-109.52M-103.12M
FCF to OCF111.10%104.67%100.96%101.41%100.57%100.59%104.99%

Earnings

Report DateAug 27, 2021Nov 15, 2021Mar 9, 2022May 16, 2022Aug 11, 2022Nov 10, 2022Mar 7, 2023May 11, 2023Aug 8, 2023Nov 9, 2023Feb 29, 2024May 9, 2024Aug 8, 2024Nov 12, 2024Feb 27, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 7, 2026Aug 5, 2026Nov 5, 2026
EPS Estimate0.000.000.00-2.00-0.48-0.16-0.17-0.12-0.12-0.07-0.06-0.09-0.08-0.07-0.08-0.06-0.09-0.03-0.11-0.03-0.13-0.12
EPS Actual0.00-0.01-0.04-2.00-0.19-0.15-0.15-0.13-0.10-0.09-0.07-0.07-0.04-0.04-0.05-0.06-0.19-0.030.10-0.06-0.10-
Surprise---0.00%60.42%6.25%11.76%-8.33%16.67%-28.57%-16.67%22.22%50.00%42.86%37.50%0.00%-111.11%0.00%190.91%-100.00%23.08%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap2.69B
Enterprise Value2.52B
Trailing P/E0.00
Forward P/E227.27
Price / Sales13.22
Price / Book5.54
EPS-0.62
Book Value1.13
Revenue (TTM)203.20M
Gross Profit (TTM)85.94M
EBITDA-154.59M
Profit Margin-67.45%
Operating Margin-75.93%
Return on Equity-32.24%
Return on Assets-19.47%
Shares Outstanding411.58M
Shares Float401.07M
Beta2.83
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 8 analystsTarget 12.57
  • Strong Buy
    3
  • Buy
    2
  • Hold
    3

Ownership Breakdown

Institutions
38.59%
Insiders
1.92%
Retail / Other
59.49%

Top Institutional Holders

  • BlackRock Inc
    32.41M7.30%
  • Vanguard Portfolio Management, LLC
    25.53M5.75%
  • Vanguard Capital Management, LLC
    17.39M3.92%
  • Geode Capital Management, LLC
    9.61M2.16%
  • State Street Corp
    9.09M2.05%
  • UBS Group AG
    8.40M1.89%
  • Morgan Stanley - Brokerage Accounts
    7.11M1.60%
  • Bank of America Corp
    5.88M1.32%
  • The Goldman Sachs Group Inc
    5.13M1.16%
  • Defiance ETFs, LLC
    3.84M0.86%
  • VOLORIDGE INVESTMENT MANAGEMENT, LLC
    3.65M0.82%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    12.77M2.87%
  • iShares Russell 2000 ETF
    10.21M2.30%
  • Vanguard Small Cap Index
    9.20M2.07%
  • Vanguard Information Technology ETF
    8.24M1.85%
  • Jupiter Merian Glb Eq Abs Rt I USD Acc
    5.92M1.33%
  • Vanguard MStar Small Cap Growth Indx Inv
    5.27M1.19%
  • Global X Artfcl Intlgc & Tech ETF
    4.43M1.00%
  • Fidelity Small Cap Index
    4.34M0.98%
  • iShares Russell 2000 Growth ETF
    3.76M0.85%