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SoundHound AI (SOUN) Financials

SoundHound AI logo
$8.75 +0.61 (+7.49%)
Closing price 04/23/2025 04:00 PM Eastern
Extended Trading
$8.78 +0.03 (+0.29%)
As of 04/23/2025 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for SoundHound AI

Annual Income Statements for SoundHound AI

This table shows SoundHound AI's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
-80 -117 -92 -351
Consolidated Net Income / (Loss)
-80 -117 -89 -351
Net Income / (Loss) Continuing Operations
-80 -117 -89 -351
Total Pre-Tax Income
-79 -114 -85 -360
Total Operating Income
-65 -106 -69 -341
Total Gross Profit
15 22 35 41
Total Revenue
21 31 46 85
Operating Revenue
21 31 46 85
Total Cost of Revenue
6.59 9.60 11 43
Operating Cost of Revenue
6.59 9.60 11 43
Total Operating Expenses
80 127 103 383
Selling, General & Admin Expense
17 30 28 53
Marketing Expense
4.24 20 19 29
Research & Development Expense
59 76 51 71
Amortization Expense
- 0.00 0.00 7.12
Restructuring Charge
0.00 0.00 4.56 0.00
Other Special Charges / (Income)
- 0.00 0.00 223
Total Other Income / (Expense), net
-14 -8.15 -16 -19
Interest Expense
8.34 6.89 18 28
Other Income / (Expense), net
-5.42 -1.26 1.16 9.22
Income Tax Expense
0.46 2.89 3.91 -9.25
Preferred Stock Dividends Declared
0.00 0.00 2.77 0.42
Basic Earnings per Share
($1.18) ($0.74) ($0.40) ($1.04)
Weighted Average Basic Shares Outstanding
67.26M 157.32M 229.26M 338.46M
Diluted Earnings per Share
($1.18) ($0.74) ($0.40) ($1.04)
Weighted Average Diluted Shares Outstanding
67.26M 157.32M 229.26M 338.46M
Weighted Average Basic & Diluted Shares Outstanding
3.96M 219.91M 309.11M 398.96M

Quarterly Income Statements for SoundHound AI

This table shows SoundHound AI's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
-30 -31 -28 -24 -21 -19 -33 -37 -22 -259
Consolidated Net Income / (Loss)
-30 -31 -27 -23 -20 -18 -33 -37 -22 -259
Net Income / (Loss) Continuing Operations
-30 -31 -27 -23 -20 -18 -33 -37 -22 -259
Total Pre-Tax Income
-29 -30 -27 -23 -19 -16 -33 -37 -32 -258
Total Operating Income
-27 -29 -25 -16 -15 -12 -29 -22 -34 -257
Total Gross Profit
8.60 6.75 4.73 6.92 9.68 13 6.93 8.48 12 14
Total Revenue
11 9.50 6.71 8.75 13 17 12 13 25 35
Operating Revenue
11 9.50 6.71 8.75 13 17 12 13 25 35
Total Cost of Revenue
2.58 2.76 1.98 1.83 3.59 3.91 4.67 4.98 13 21
Operating Cost of Revenue
2.58 2.76 1.98 1.83 3.59 3.91 4.67 4.98 13 21
Total Operating Expenses
36 36 30 23 24 26 35 30 46 271
Selling, General & Admin Expense
9.65 7.43 7.29 6.42 6.93 7.64 10 9.54 17 16
Marketing Expense
6.67 6.74 4.88 5.08 4.47 4.47 5.54 5.66 8.36 9.57
Research & Development Expense
19 22 14 12 13 13 15 16 20 20
Amortization Expense
- - 0.00 0.00 0.00 - 0.61 0.62 2.38 3.51
Other Special Charges / (Income)
- - 0.00 0.00 0.00 - 4.16 -1.08 -1.36 221
Total Other Income / (Expense), net
-2.13 -0.64 -1.90 -6.41 -4.11 -4.00 -4.19 -15 1.53 -1.22
Interest Expense
1.17 1.18 1.10 5.57 5.44 5.46 5.66 20 1.11 1.35
Other Income / (Expense), net
-0.96 0.53 -0.80 -0.84 1.34 1.46 1.48 4.97 2.63 0.14
Income Tax Expense
0.86 1.28 0.33 0.42 1.56 1.61 0.30 0.64 -10 0.31
Basic Earnings per Share
($0.15) ($0.04) ($0.14) ($0.11) ($0.09) ($0.06) ($0.12) ($0.11) ($0.06) ($0.75)
Weighted Average Basic Shares Outstanding
197.01M 157.32M 205.08M 220.77M 242.02M 229.26M 286.60M 331.83M 360.39M 338.46M
Diluted Earnings per Share
($0.15) ($0.04) ($0.14) ($0.11) ($0.09) ($0.06) ($0.12) ($0.11) ($0.06) ($0.75)
Weighted Average Diluted Shares Outstanding
197.01M 157.32M 205.08M 220.77M 242.02M 229.26M 286.60M 331.83M 360.39M 338.46M
Weighted Average Basic & Diluted Shares Outstanding
- 219.91M 216.95M 240.70M 246.92M 309.11M 329.17M 358.73M 369.75M 398.96M

Annual Cash Flow Statements for SoundHound AI

This table details how cash moves in and out of SoundHound AI's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Net Change in Cash & Equivalents
-22 -13 100 90
Net Cash From Operating Activities
-66 -94 -68 -109
Net Cash From Continuing Operating Activities
-66 -94 -68 -109
Net Income / (Loss) Continuing Operations
-80 -117 -89 -351
Consolidated Net Income / (Loss)
-80 -117 -89 -351
Depreciation Expense
5.50 4.04 2.31 16
Amortization Expense
8.33 5.48 8.75 4.23
Non-Cash Adjustments To Reconcile Net Income
6.32 21 11 41
Changes in Operating Assets and Liabilities, net
-6.79 -8.03 -1.71 181
Net Cash From Investing Activities
-0.64 -1.33 -0.39 -12
Net Cash From Continuing Investing Activities
-0.64 -1.33 -0.39 -12
Purchase of Property, Plant & Equipment
-0.64 -1.33 -0.39 -0.64
Acquisitions
- 0.00 0.00 -12
Net Cash From Financing Activities
45 82 168 211
Net Cash From Continuing Financing Activities
45 82 168 211
Repayment of Debt
0.00 -12 -35 -215
Repurchase of Common Equity
- 0.00 0.00 -10
Issuance of Debt
45 0.00 85 0.00
Issuance of Preferred Equity
0.00 0.00 25 0.00
Issuance of Common Equity
2.49 4.16 93 437
Other Financing Activities, net
-2.58 89 -0.16 -0.32
Effect of Exchange Rate Changes
0.00 0.00 -0.02 0.23
Cash Interest Paid
2.63 4.36 12 6.34
Cash Income Taxes Paid
0.26 1.04 2.36 2.72

Quarterly Cash Flow Statements for SoundHound AI

This table details how cash moves in and out of SoundHound AI's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
-32 -24 37 83 -20 -0.89 117 -25 -65 62
Net Cash From Operating Activities
-27 -20 -15 -20 -20 -14 -22 -18 -35 -33
Net Cash From Continuing Operating Activities
-27 -20 -15 -20 -20 -14 -22 -18 -35 -33
Net Income / (Loss) Continuing Operations
-30 -31 -27 -23 -20 -18 -33 -37 -22 -259
Consolidated Net Income / (Loss)
-30 -31 -27 -23 -20 -18 -33 -37 -22 -259
Depreciation Expense
0.93 0.84 0.71 0.70 0.53 0.37 1.47 1.28 5.37 7.94
Amortization Expense
- - 0.91 2.41 2.59 2.83 1.97 1.00 0.84 0.43
Non-Cash Adjustments To Reconcile Net Income
4.75 2.41 8.95 5.74 -1.04 -2.33 7.91 19 5.81 8.47
Changes in Operating Assets and Liabilities, net
-2.45 1.75 2.33 -5.21 -2.09 3.26 -0.29 -2.13 -26 209
Net Cash From Investing Activities
-0.21 -0.14 -0.02 0.02 -0.33 -0.06 -3.79 -1.00 -7.50 -0.08
Net Cash From Continuing Investing Activities
-0.21 -0.14 -0.02 -0.28 -0.04 -0.06 -3.79 -1.00 -7.50 -0.08
Purchase of Property, Plant & Equipment
-0.21 -0.14 -0.02 -0.28 -0.04 -0.06 -0.10 -0.24 -0.23 -0.08
Net Cash From Financing Activities
-4.55 -3.61 52 103 0.62 13 143 -5.67 -22 95
Net Cash From Continuing Financing Activities
-4.55 -3.61 52 103 0.62 13 143 -5.67 -22 95
Repayment of Debt
-4.03 -4.10 -4.37 -31 - - 0.00 -106 -70 -40
Repurchase of Common Equity
- - 0.00 - - - -3.44 -2.20 -1.54 -3.18
Issuance of Common Equity
0.72 0.54 31 49 0.66 13 146 102 50 139
Other Financing Activities, net
-1.24 -0.06 -0.04 -0.04 -0.04 -0.04 -0.03 -0.03 -0.05 -0.21
Effect of Exchange Rate Changes
- - 0.00 - - -0.02 0.10 0.03 -0.15 0.24
Cash Interest Paid
1.16 2.06 1.07 3.27 3.60 4.04 3.54 0.00 0.91 1.89
Cash Income Taxes Paid
0.75 0.26 0.55 0.55 0.55 0.71 0.73 0.55 0.40 1.04

Annual Balance Sheets for SoundHound AI

This table presents SoundHound AI's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Total Assets
0.00 49 38 151 554
Total Current Assets
0.00 27 18 114 256
Cash & Equivalents
0.00 22 9.25 95 198
Accounts Receivable
- 2.06 3.41 4.05 50
Other Current Assets
- 2.05 2.53 14 7.48
Plant, Property, & Equipment, net
0.00 0.00 3.45 0.00 0.00
Total Noncurrent Assets
0.00 22 17 38 298
Goodwill
- - - 0.00 102
Intangible Assets
- - - 0.00 175
Noncurrent Deferred & Refundable Income Taxes
- 2.17 0.06 0.01 0.00
Other Noncurrent Operating Assets
- 19 17 24 21
Other Noncurrent Nonoperating Assets
- 0.74 0.23 14 0.68
Total Liabilities & Shareholders' Equity
0.00 49 38 151 554
Total Liabilities
0.00 113 75 123 371
Total Current Liabilities
0.00 88 39 24 68
Accounts Payable
0.00 3.76 2.80 1.65 5.56
Accrued Expenses
0.00 7.30 8.54 14 26
Current Deferred Revenue
- 6.04 5.81 4.31 24
Current Deferred & Payable Income Tax Liabilities
- 2.74 1.31 1.62 2.75
Other Current Liabilities
- 8.07 3.44 2.76 9.27
Total Noncurrent Liabilities
0.00 25 36 99 304
Long-Term Debt
- 0.00 18 84 0.00
Noncurrent Deferred Revenue
- 15 7.54 7.36 9.94
Other Noncurrent Operating Liabilities
0.00 10 10 7.06 294
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-0.00 -343 -37 28 183
Total Preferred & Common Equity
-0.00 -343 -37 28 183
Preferred Stock
0.00 - 0.00 14 0.00
Total Common Equity
-0.00 -343 -37 14 183
Common Stock
0.00 43 467 606 1,126
Retained Earnings
-0.00 -387 -503 -592 -943
Accumulated Other Comprehensive Income / (Loss)
- - 0.00 0.20 0.21

Quarterly Balance Sheets for SoundHound AI

This table presents SoundHound AI's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
73 158 144 287 267 500
Total Current Assets
53 127 109 234 224 181
Cash & Equivalents
46 116 96 212 200 136
Accounts Receivable
2.66 3.53 3.38 6.85 5.06 14
Other Current Assets
2.62 5.07 7.49 15 19 32
Plant, Property, & Equipment, net
2.75 2.33 1.83 1.35 1.30 1.54
Total Noncurrent Assets
17 28 33 52 41 317
Goodwill
- - - 5.76 6.04 112
Intangible Assets
- - - 12 13 183
Noncurrent Deferred & Refundable Income Taxes
0.06 0.06 0.06 0.01 0.01 0.03
Other Noncurrent Operating Assets
17 14 19 20 21 22
Other Noncurrent Nonoperating Assets
0.23 14 14 14 0.81 0.81
Total Liabilities & Shareholders' Equity
73 158 144 287 267 500
Total Liabilities
70 119 118 132 43 204
Total Current Liabilities
42 27 21 26 26 70
Accounts Payable
2.54 1.90 2.16 3.00 4.26 18
Accrued Expenses
12 16 11 15 13 23
Current Deferred Revenue
5.32 4.61 4.25 3.63 2.93 20
Current Deferred & Payable Income Tax Liabilities
1.21 1.08 1.11 1.63 1.89 2.68
Other Current Liabilities
3.30 3.04 2.88 2.88 3.32 7.05
Total Noncurrent Liabilities
29 92 97 105 17 133
Long-Term Debt
14 66 83 86 0.00 40
Noncurrent Deferred Revenue
5.43 4.12 3.57 6.40 6.04 13
Other Noncurrent Operating Liabilities
9.34 21 9.76 14 11 81
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
2.38 39 26 155 224 296
Total Preferred & Common Equity
2.38 39 26 155 224 296
Preferred Stock
25 25 14 2.10 0.00 0.00
Total Common Equity
-23 14 12 153 224 296
Common Stock
506 564 586 779 886 980
Retained Earnings
-528 -550 -574 -625 -663 -684
Accumulated Other Comprehensive Income / (Loss)
- 0.03 0.20 0.24 0.21 0.26

Annual Metrics and Ratios for SoundHound AI

This table displays calculated financial ratios and metrics derived from SoundHound AI's official financial filings.

Metric 2021 2022 2023 2024
Growth Metrics
- - - -
Revenue Growth
0.00% 46.86% 47.36% 84.62%
EBITDA Growth
0.00% -71.19% 42.11% -452.97%
EBIT Growth
0.00% -51.16% 36.92% -392.39%
NOPAT Growth
0.00% -61.76% 35.07% -397.54%
Net Income Growth
0.00% -46.74% 23.80% -294.30%
EPS Growth
0.00% 37.29% 45.95% -160.00%
Operating Cash Flow Growth
0.00% -42.07% 27.39% -59.49%
Free Cash Flow Firm Growth
0.00% 0.00% 30.21% -250.54%
Invested Capital Growth
0.00% 58.57% 131.11% -572.08%
Revenue Q/Q Growth
0.00% -9.89% 20.00% 25.85%
EBITDA Q/Q Growth
0.00% 27.60% 31.36% -339.17%
EBIT Q/Q Growth
0.00% 20.53% 20.58% -285.62%
NOPAT Q/Q Growth
0.00% 18.23% 19.44% -253.10%
Net Income Q/Q Growth
0.00% 22.42% 12.65% -218.55%
EPS Q/Q Growth
0.00% 0.00% -5.26% -197.14%
Operating Cash Flow Q/Q Growth
0.00% 32.51% 8.75% -21.48%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% -6.06% 18.07%
Invested Capital Q/Q Growth
0.00% 0.00% 632.46% -108.16%
Profitability Metrics
- - - -
Gross Margin
68.93% 69.16% 75.35% 48.86%
EBITDA Margin
-268.47% -312.95% -122.94% -368.20%
Operating Margin
-308.19% -339.46% -149.56% -403.05%
EBIT Margin
-333.74% -343.51% -147.04% -392.16%
Profit (Net Income) Margin
-375.24% -374.93% -193.88% -414.06%
Tax Burden Percent
100.58% 102.54% 104.60% 97.43%
Interest Burden Percent
111.79% 106.45% 126.05% 108.37%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
249.60% 232.73% 2,118.30% -332.68%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% -1,815.49% 0.00%
Operating Return on Assets (OROA)
-287.55% -245.29% -71.34% -94.21%
Return on Assets (ROA)
-323.31% -267.72% -94.06% -99.47%
Return on Common Equity (ROCE)
1,344.18% 881.28% 5,697.25% -310.29%
Return on Equity Simple (ROE_SIMPLE)
23.17% 319.19% -315.74% -191.99%
Net Operating Profit after Tax (NOPAT)
-46 -74 -48 -239
NOPAT Margin
-215.73% -237.63% -104.69% -282.13%
Net Nonoperating Expense Percent (NNEP)
91.36% 136.77% 10,640.16% -99.92%
Return On Investment Capital (ROIC_SIMPLE)
- 4,628.94% -42.70% -130.82%
Cost of Revenue to Revenue
31.07% 30.84% 24.65% 51.14%
SG&A Expenses to Revenue
77.94% 97.80% 61.66% 62.90%
R&D to Revenue
279.18% 245.40% 112.13% 83.31%
Operating Expenses to Revenue
377.12% 408.63% 224.91% 451.91%
Earnings before Interest and Taxes (EBIT)
-71 -107 -67 -332
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-57 -97 -56 -312
Valuation Ratios
- - - -
Price to Book Value (P/BV)
0.00 0.00 37.44 40.16
Price to Tangible Book Value (P/TBV)
0.00 0.00 37.44 0.00
Price to Revenue (P/Rev)
0.00 11.20 11.41 86.62
Price to Earnings (P/E)
0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 152.89 0.00
Enterprise Value to Revenue (EV/Rev)
0.00 12.02 11.48 84.28
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00
Leverage & Solvency
- - - -
Debt to Equity
-0.94 -0.96 2.99 0.00
Long-Term Debt to Equity
0.00 -0.50 2.99 0.00
Financial Leverage
-0.58 -0.62 -0.09 -1.06
Leverage Ratio
-0.77 -0.87 -22.52 3.34
Compound Leverage Factor
-0.86 -0.93 -28.39 3.62
Debt to Total Capital
-1,533.37% -2,188.17% 74.96% 0.00%
Short-Term Debt to Total Capital
-1,533.37% -1,043.05% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% -1,145.12% 74.96% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 12.61% 0.00%
Noncontrolling Interests to Total Capital
-7,163.07% 0.00% 0.00% 0.00%
Common Equity to Total Capital
8,796.44% 2,288.17% 12.43% 100.00%
Debt to EBITDA
-1.05 -0.36 -1.50 0.00
Net Debt to EBITDA
-0.66 -0.26 0.19 0.00
Long-Term Debt to EBITDA
0.00 -0.19 -1.50 0.00
Debt to NOPAT
-1.31 -0.47 -1.76 0.00
Net Debt to NOPAT
-0.83 -0.35 0.23 0.00
Long-Term Debt to NOPAT
0.00 -0.25 -1.76 0.00
Altman Z-Score
0.00 -24.88 -3.39 8.05
Noncontrolling Interest Sharing Ratio
-438.54% -278.67% -168.95% 6.73%
Liquidity Ratios
- - - -
Current Ratio
0.31 0.46 4.69 3.77
Quick Ratio
0.27 0.33 4.10 3.66
Cash Flow Metrics
- - - -
Free Cash Flow to Firm (FCFF)
0.00 -90 -63 -219
Operating Cash Flow to CapEx
-10,405.19% -7,074.42% -17,414.54% -17,012.19%
Free Cash Flow to Firm to Interest Expense
0.00 -13.00 -3.56 -7.89
Operating Cash Flow to Interest Expense
-7.93 -13.64 -3.89 -3.92
Operating Cash Flow Less CapEx to Interest Expense
-8.01 -13.83 -3.91 -3.94
Efficiency Ratios
- - - -
Asset Turnover
0.86 0.71 0.49 0.24
Accounts Receivable Turnover
0.00 11.37 12.29 3.15
Inventory Turnover
0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00
Accounts Payable Turnover
3.50 2.93 5.08 12.01
Days Sales Outstanding (DSO)
0.00 32.09 29.69 116.05
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
104.23 124.68 71.84 30.39
Cash Conversion Cycle (CCC)
-104.23 -92.59 -42.15 85.66
Capital & Investment Metrics
- - - -
Invested Capital
-27 -11 3.45 -16
Invested Capital Turnover
-0.79 -1.65 -12.03 -13.21
Increase / (Decrease) in Invested Capital
0.00 16 15 -20
Enterprise Value (EV)
0.00 374 527 7,138
Market Capitalization
0.00 349 523 7,336
Book Value per Share
($19.66) ($0.19) $0.06 $0.49
Tangible Book Value per Share
($19.66) ($0.19) $0.06 ($0.25)
Total Capital
-3.90 -1.60 112 183
Total Debt
60 35 84 0.00
Total Long-Term Debt
0.00 18 84 0.00
Net Debt
38 26 -11 -198
Capital Expenditures (CapEx)
0.64 1.33 0.39 0.64
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-23 -13 -5.94 -10
Debt-free Net Working Capital (DFNWC)
-0.44 -4.20 89 188
Net Working Capital (NWC)
-60 -21 89 188
Net Nonoperating Expense (NNE)
34 43 41 112
Net Nonoperating Obligations (NNO)
37 25 -25 -199
Total Depreciation and Amortization (D&A)
14 9.51 11 20
Debt-free, Cash-free Net Working Capital to Revenue
-106.25% -43.19% -12.95% -12.35%
Debt-free Net Working Capital to Revenue
-2.06% -13.49% 194.71% 221.72%
Net Working Capital to Revenue
-284.32% -67.04% 194.71% 221.72%
Earnings Adjustments
- - - -
Adjusted Basic Earnings per Share
($0.71) ($0.73) ($0.40) ($1.04)
Adjusted Weighted Average Basic Shares Outstanding
17.46M 157.32M 229.26M 338.46M
Adjusted Diluted Earnings per Share
($0.71) ($0.73) ($0.40) ($1.04)
Adjusted Weighted Average Diluted Shares Outstanding
17.46M 157.32M 229.26M 338.46M
Adjusted Basic & Diluted Earnings per Share
($0.71) $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
14.55M 219.91M 309.11M 398.96M
Normalized Net Operating Profit after Tax (NOPAT)
-46 -74 -45 -83
Normalized NOPAT Margin
-215.73% -237.63% -97.74% -98.09%
Pre Tax Income Margin
-373.09% -365.65% -185.34% -424.98%
Debt Service Ratios
- - - -
EBIT to Interest Expense
-8.48 -15.51 -3.84 -11.95
NOPAT to Interest Expense
-5.48 -10.73 -2.73 -8.60
EBIT Less CapEx to Interest Expense
-8.56 -15.71 -3.86 -11.97
NOPAT Less CapEx to Interest Expense
-5.56 -10.92 -2.76 -8.62
Payout Ratios
- - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% -2.95%

Quarterly Metrics and Ratios for SoundHound AI

This table displays calculated financial ratios and metrics derived from SoundHound AI's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
0.00% -26.45% 56.34% 42.25% 18.61% 80.48% 72.86% 53.83% 89.13% 101.45%
EBITDA Growth
-13,839.94% 50.79% -36.29% 48.78% 62.85% 71.96% 3.20% -3.75% -147.60% -3,114.38%
EBIT Growth
-14,317.24% 49.29% -19.43% 39.67% 52.93% 61.52% -4.02% 1.77% -135.96% -2,249.46%
NOPAT Growth
-11,696.90% 44.87% -21.65% 43.02% 46.33% 57.20% -13.20% -33.38% -132.40% -1,974.50%
Net Income Growth
-15,632.57% 52.21% -9.27% 24.00% 32.81% 41.70% -20.34% -60.13% -7.69% -1,336.42%
EPS Growth
-650.00% 0.00% 61.11% 42.11% 40.00% -50.00% 14.29% 0.00% 33.33% -1,150.00%
Operating Cash Flow Growth
-183.47% 68.93% 3.00% 38.13% 24.76% 32.06% -50.95% 5.95% -74.88% -138.81%
Free Cash Flow Firm Growth
0.00% 0.00% 64.59% -49.50% 50.14% 35.43% -860.71% -1,264.36% -2,247.21% -590.93%
Invested Capital Growth
0.00% 58.57% -2,181.14% -40.13% 0.00% 131.11% 212.93% 194.69% 30,898.15% -572.08%
Revenue Q/Q Growth
81.83% -15.06% -29.41% 30.48% 51.62% 29.24% -32.38% 16.11% 86.41% 37.65%
EBITDA Q/Q Growth
2.26% -1.76% 11.57% 41.76% 29.10% 23.21% -123.46% 37.58% -69.20% -896.94%
EBIT Q/Q Growth
2.35% -1.38% 8.49% 33.41% 23.81% 17.11% -147.35% 37.11% -83.02% -725.29%
NOPAT Q/Q Growth
6.42% -6.95% 12.95% 34.60% 11.85% 14.71% -130.22% 22.94% -53.59% -661.31%
Net Income Q/Q Growth
1.98% -2.73% 11.18% 15.03% 13.34% 10.86% -83.35% -13.07% 41.72% -1,088.91%
EPS Q/Q Growth
21.05% 73.33% -250.00% 21.43% 18.18% 33.33% -100.00% 8.33% 45.45% -1,150.00%
Operating Cash Flow Q/Q Growth
15.55% 23.94% 28.77% -35.22% -2.71% 31.32% -58.24% 15.75% -90.97% 6.21%
Free Cash Flow Firm Q/Q Growth
-522.19% -88.02% 86.06% 8.33% -107.49% -143.52% -107.42% -30.18% -256.96% 28.32%
Invested Capital Q/Q Growth
100.00% 0.00% -19.34% -83.61% 97.33% 632.46% 333.15% 53.96% 767.35% -108.16%
Profitability Metrics
- - - - - - - - - -
Gross Margin
76.91% 71.00% 70.54% 79.09% 72.94% 77.19% 59.73% 63.01% 48.59% 39.90%
EBITDA Margin
-242.29% -290.27% -363.61% -162.31% -75.90% -45.10% -203.61% -109.46% -99.36% -719.59%
Operating Margin
-242.02% -304.74% -375.77% -188.36% -109.51% -72.27% -246.07% -163.31% -134.56% -744.21%
EBIT Margin
-250.59% -299.12% -387.73% -197.90% -99.44% -63.78% -233.31% -126.36% -124.07% -743.82%
Profit (Net Income) Margin
-268.74% -325.03% -408.98% -266.34% -152.22% -104.99% -284.71% -277.24% -86.68% -748.63%
Tax Burden Percent
102.96% 104.34% 101.21% 101.82% 108.38% 109.80% 100.90% 101.74% 67.46% 100.12%
Interest Burden Percent
104.16% 104.15% 104.21% 132.17% 141.25% 149.93% 120.94% 215.65% 103.56% 100.53%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -10,238.00% 0.00% -63.83% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -10,221.30% 0.00% -66.89% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 10,110.71% 0.00% 25.62% 0.00%
Return on Equity (ROE)
0.00% 232.73% -176.56% -513.93% -392.62% 2,118.30% -127.29% -82.62% -38.21% -332.68%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% 0.00% -1,815.49% -526.00% -441.55% -134.29% 0.00%
Operating Return on Assets (OROA)
0.00% -213.59% -126.33% -57.83% -26.40% -30.94% -65.75% -33.04% -25.94% -178.69%
Return on Assets (ROA)
0.00% -232.09% -133.25% -77.83% -40.41% -50.94% -80.24% -72.50% -18.12% -179.85%
Return on Common Equity (ROCE)
0.00% 881.28% 30.27% -218.61% -174.80% 5,697.25% -105.49% -74.77% -36.50% -310.29%
Return on Equity Simple (ROE_SIMPLE)
0.00% 0.00% -4,997.48% -287.91% -392.62% 0.00% -60.79% -48.46% -37.19% 0.00%
Net Operating Profit after Tax (NOPAT)
-19 -20 -18 -12 -10 -8.67 -20 -15 -24 -180
NOPAT Margin
-169.41% -213.32% -263.04% -131.85% -76.66% -50.59% -172.25% -114.32% -94.19% -520.95%
Net Nonoperating Expense Percent (NNEP)
0.00% 33.96% -13.17% -27.68% -75.44% 2,426.16% -16.70% -16.61% 3.06% -70.34%
Return On Investment Capital (ROIC_SIMPLE)
- 1,268.28% - - - -7.71% - - - -98.52%
Cost of Revenue to Revenue
23.09% 29.00% 29.46% 20.91% 27.06% 22.81% 40.27% 36.99% 51.41% 60.10%
SG&A Expenses to Revenue
86.28% 78.17% 108.69% 73.41% 52.24% 44.56% 88.55% 70.83% 67.87% 47.58%
R&D to Revenue
173.00% 226.59% 211.48% 134.11% 96.52% 74.14% 128.33% 116.91% 77.89% 59.04%
Operating Expenses to Revenue
318.93% 375.74% 446.31% 267.44% 182.45% 149.46% 305.80% 226.32% 183.15% 784.11%
Earnings before Interest and Taxes (EBIT)
-28 -28 -26 -17 -13 -11 -27 -17 -31 -257
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-27 -28 -24 -14 -10 -7.73 -24 -15 -25 -249
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 71.29 41.91 37.44 11.87 5.81 5.65 40.16
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 71.29 41.91 37.44 13.38 6.35 996.24 0.00
Price to Revenue (P/Rev)
18.70 11.20 18.09 27.31 12.66 11.41 35.87 23.44 24.84 86.62
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.00 0.00 152.89 113.70 47.88 7.91 0.00
Enterprise Value to Revenue (EV/Rev)
0.00 12.02 18.38 26.64 12.70 11.48 33.42 19.83 23.42 84.28
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.00 -0.96 13.00 1.71 3.21 2.99 0.55 0.00 0.13 0.00
Long-Term Debt to Equity
0.00 -0.50 5.93 1.71 3.21 2.99 0.55 0.00 0.13 0.00
Financial Leverage
0.00 -0.62 -1.10 -1.96 -1.02 -0.09 -0.99 -1.00 -0.38 -1.06
Leverage Ratio
0.00 -0.87 1.53 5.69 5.55 -22.52 2.28 1.61 2.00 3.34
Compound Leverage Factor
0.00 -0.91 1.59 7.52 7.84 -33.76 2.76 3.48 2.07 3.36
Debt to Total Capital
0.00% -2,188.17% 92.86% 63.16% 76.27% 74.96% 35.49% 0.00% 11.82% 0.00%
Short-Term Debt to Total Capital
0.00% -1,043.05% 50.46% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% -1,145.12% 42.39% 63.16% 76.27% 74.96% 35.49% 0.00% 11.82% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 74.80% 23.69% 13.17% 12.61% 0.87% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
0.00% 2,288.17% -67.65% 13.15% 10.57% 12.43% 63.64% 100.00% 88.18% 100.00%
Debt to EBITDA
0.00 -0.36 -0.30 -0.69 -1.01 -1.50 -1.54 0.00 -0.56 0.00
Net Debt to EBITDA
0.00 -0.26 0.15 0.51 0.16 0.19 2.27 0.00 1.35 0.00
Long-Term Debt to EBITDA
0.00 -0.19 -0.14 -0.69 -1.01 -1.50 -1.54 0.00 -0.56 0.00
Debt to NOPAT
0.00 -0.47 -0.40 -0.97 -1.40 -1.76 -1.70 0.00 -0.59 0.00
Net Debt to NOPAT
0.00 -0.35 0.20 0.72 0.21 0.23 2.51 0.00 1.42 0.00
Long-Term Debt to NOPAT
0.00 -0.25 -0.18 -0.97 -1.40 -1.76 -1.70 0.00 -0.59 0.00
Altman Z-Score
0.00 -18.06 -5.52 0.72 -2.43 -2.16 5.97 15.67 3.20 8.50
Noncontrolling Interest Sharing Ratio
0.00% -278.67% 117.15% 57.46% 55.48% -168.95% 17.13% 9.49% 4.47% 6.73%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.00 0.46 1.28 4.70 5.11 4.69 8.84 8.77 2.58 3.77
Quick Ratio
0.00 0.33 1.18 4.42 4.65 4.10 8.25 8.04 2.13 3.66
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-19 -36 -5.01 -4.59 -9.52 -23 -48 -63 -224 -160
Operating Cash Flow to CapEx
-13,028.16% -14,478.01% -96,933.33% -7,072.30% -49,253.66% -23,913.79% -22,169.70% -7,835.59% -15,695.56% -41,403.75%
Free Cash Flow to Firm to Interest Expense
-16.38 -30.49 -4.57 -0.82 -1.75 -4.25 -8.49 -3.18 -201.58 -118.61
Operating Cash Flow to Interest Expense
-23.02 -17.33 -13.27 -3.53 -3.71 -2.54 -3.88 -0.94 -31.84 -24.52
Operating Cash Flow Less CapEx to Interest Expense
-23.19 -17.45 -13.28 -3.58 -3.72 -2.55 -3.89 -0.95 -32.05 -24.58
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.00 0.71 0.33 0.29 0.27 0.49 0.28 0.26 0.21 0.24
Accounts Receivable Turnover
0.00 11.37 0.00 15.90 11.32 12.29 10.68 12.91 7.94 3.15
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 10.04 20.91 0.00 24.75 30.60 39.95 0.00
Accounts Payable Turnover
0.00 2.93 0.00 2.52 4.69 5.08 5.06 5.58 2.66 12.01
Days Sales Outstanding (DSO)
0.00 32.09 0.00 22.96 32.23 29.69 34.19 28.26 45.96 116.05
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 124.68 0.00 144.56 77.78 71.84 72.20 65.44 137.39 30.39
Cash Conversion Cycle (CCC)
0.00 -92.59 0.00 -121.60 -45.54 -42.15 -38.02 -37.18 -91.44 85.66
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
0.00 -11 -13 -24 -0.65 3.45 15 23 199 -16
Invested Capital Turnover
0.00 -1.65 -4.86 -1.74 -118.17 -12.03 59.44 -86.14 0.68 -13.21
Increase / (Decrease) in Invested Capital
0.15 16 -13 -6.95 -0.65 15 28 47 200 -20
Enterprise Value (EV)
0.00 374 617 963 485 527 1,697 1,100 1,576 7,138
Market Capitalization
646 349 607 987 484 523 1,821 1,300 1,672 7,336
Book Value per Share
$0.00 ($0.19) ($0.10) $0.06 $0.05 $0.06 $0.50 $0.68 $0.83 $0.49
Tangible Book Value per Share
$0.00 ($0.19) ($0.10) $0.06 $0.05 $0.06 $0.44 $0.62 $0.00 ($0.25)
Total Capital
0.00 -1.60 33 105 109 112 241 224 336 183
Total Debt
0.00 35 31 66 83 84 86 0.00 40 0.00
Total Long-Term Debt
0.00 18 14 66 83 84 86 0.00 40 0.00
Net Debt
0.00 26 -15 -49 -13 -11 -126 -200 -96 -198
Capital Expenditures (CapEx)
0.21 0.14 0.02 0.28 0.04 0.06 0.10 0.24 0.23 0.08
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 -13 -18 -16 -8.18 -5.94 -4.19 -1.64 -25 -10
Debt-free Net Working Capital (DFNWC)
0.00 -4.20 29 100 88 89 208 199 111 188
Net Working Capital (NWC)
0.00 -21 12 100 88 89 208 199 111 188
Net Nonoperating Expense (NNE)
11 11 9.79 12 10 9.33 13 22 -1.89 79
Net Nonoperating Obligations (NNO)
0.00 25 -16 -63 -27 -25 -141 -201 -97 -199
Total Depreciation and Amortization (D&A)
0.93 0.84 1.62 3.11 3.12 3.20 3.44 2.28 6.20 8.37
Debt-free, Cash-free Net Working Capital to Revenue
0.00% -43.19% -52.94% -43.78% -21.40% -12.95% -8.25% -2.95% -36.52% -12.35%
Debt-free Net Working Capital to Revenue
0.00% -13.49% 85.18% 276.49% 230.11% 194.71% 408.89% 357.88% 164.99% 221.72%
Net Working Capital to Revenue
0.00% -67.04% 35.01% 276.49% 230.11% 194.71% 408.89% 357.88% 164.99% 221.72%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 ($0.04) $0.00 ($0.10) $0.00 ($0.06) ($0.12) ($0.11) ($0.06) ($0.75)
Adjusted Weighted Average Basic Shares Outstanding
0.00 157.32M 0.00 220.77M 0.00 229.26M 286.60M 331.83M 360.39M 338.46M
Adjusted Diluted Earnings per Share
$0.00 ($0.04) $0.00 ($0.10) $0.00 ($0.06) ($0.12) ($0.11) ($0.06) ($0.75)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 157.32M 0.00 220.77M 0.00 229.26M 286.60M 331.83M 360.39M 338.46M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 219.91M 0.00 240.70M 0.00 309.11M 329.17M 358.73M 369.75M 398.96M
Normalized Net Operating Profit after Tax (NOPAT)
-19 -20 -15 -11 -10 -8.11 -17 -16 -25 -25
Normalized NOPAT Margin
-169.41% -213.32% -225.62% -130.52% -76.66% -47.30% -147.12% -119.94% -97.98% -73.21%
Pre Tax Income Margin
-261.01% -311.51% -404.07% -261.57% -140.46% -95.62% -282.16% -272.50% -128.48% -747.73%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
-24.04 -24.12 -23.73 -3.11 -2.42 -2.00 -4.78 -0.86 -28.07 -190.18
NOPAT to Interest Expense
-16.25 -17.20 -16.10 -2.07 -1.87 -1.59 -3.53 -0.78 -21.31 -133.20
EBIT Less CapEx to Interest Expense
-24.22 -24.24 -23.74 -3.16 -2.43 -2.01 -4.79 -0.88 -28.28 -190.24
NOPAT Less CapEx to Interest Expense
-16.43 -17.32 -16.11 -2.12 -1.88 -1.60 -3.54 -0.79 -21.52 -133.26
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -2.95%

Frequently Asked Questions About SoundHound AI's Financials

When does SoundHound AI's fiscal year end?

According to the most recent income statement we have on file, SoundHound AI's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has SoundHound AI's net income changed over the last 3 years?

SoundHound AI's net income appears to be on an upward trend, with a most recent value of -$350.68 million in 2024, rising from -$79.54 million in 2021. The previous period was -$88.94 million in 2023.

What is SoundHound AI's operating income?
SoundHound AI's total operating income in 2024 was -$341.35 million, based on the following breakdown:
  • Total Gross Profit: $41.38 million
  • Total Operating Expenses: $382.74 million
How has SoundHound AI revenue changed over the last 3 years?

Over the last 3 years, SoundHound AI's total revenue changed from $21.20 million in 2021 to $84.69 million in 2024, a change of 299.6%.

How much debt does SoundHound AI have?

SoundHound AI's total liabilities were at $371.30 million at the end of 2024, a 202.0% increase from 2023, and a 51,857,441.9% increase since 2020.

How much cash does SoundHound AI have?

In the past 4 years, SoundHound AI's cash and equivalents has ranged from $0.00 in 2020 to $198.24 million in 2024, and is currently $198.24 million as of their latest financial filing in 2024.

How has SoundHound AI's book value per share changed over the last 3 years?

Over the last 3 years, SoundHound AI's book value per share changed from -19.66 in 2021 to 0.49 in 2024, a change of -102.5%.



This page (NASDAQ:SOUN) was last updated on 4/24/2025 by MarketBeat.com Staff
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