10-Q · May 11, 2026
SoundHound AI achieved Q1 2026 revenue of $44.2 million, surpassing estimates with a robust 52% year-over-year growth. However, the company reported an EPS loss of $0.06 against expectations of a smaller loss of $0.05,…
Earnings analysis · 10-Q
SOUN earnings analysis
Filed August 10, 2026 · Our reading of the company's report
The latest report
SoundHound reported strong Q2 revenue of $61.897 million, approximately 44.0% above Q2 2025 and 40.7% above Q1 2026, while diluted EPS improved year over year to a $0.02 loss. The filing extract does not provide gross…
Read full summary
SoundHound reported strong Q2 revenue of $61.897 million, approximately 44.0% above Q2 2025 and 40.7% above Q1 2026, while diluted EPS improved year over year to a $0.02 loss. The filing extract does not provide gross margin, operating margin, free cash flow, balance-sheet detail or segment revenue, preventing a complete profitability, liquidity and cash-flow assessment. The main offset is that disclosure controls remained ineffective as of June 30, 2026, with material weaknesses affecting substantially all accounts and disclosures.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.02
What stood out
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Revenue accelerated sharply
Second-quarter revenue was $61.897 million, up approximately 40.7% from $44 million in Q1 2026 and approximately 44.0% from $43 million in Q2 2025.
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Year-over-year loss narrowed
Reported diluted EPS was a loss of $0.02, improving from a $0.19 loss in Q2 2025, although it declined from a $0.11 loss in Q1 2026 by $0.09 per share.
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Control remediation progressed
Management completed the design and implementation of new and enhanced control activities for non-routine, unusual or complex transactions during Q2 2026.
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Reported FX sensitivity remains limited
Management stated that a 10% immediate increase or decrease in the U.S. dollar relative to other currencies would not have a material effect on operating results.
What to watch
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Material weaknesses remain unresolved
Disclosure controls were ineffective as of June 30, 2026 because of material weaknesses in the control environment, risk assessment, complex-transaction accounting and segregation of duties. The weaknesses could result in misstatements to substantially all accounts and disclosures, and contributed to revisions for periods from September 30, 2022 through Q2 2026.
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Acquired-business controls excluded
Interactions Corporation was excluded from the June 30, 2026 disclosure-control evaluation; it represented approximately 3% of consolidated total assets and 26% of consolidated revenue for the six months ended June 30, 2026, creating an acquired-business reporting-control gap.
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Foreign-exchange losses increased
Foreign-exchange losses increased to $0.5 million for Q2 2026 and $0.9 million for the six months ended June 30, 2026, versus less than $0.1 million and $0.5 million, respectively, in the comparable 2025 periods.
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No formal risk-factor update
The company reported no material changes to the risk factors during the quarter ended June 30, 2026; however, the filing continues to incorporate the separate LivePerson acquisition risks disclosed in the May 11, 2026 Form S-3ASR.
Management's outlook
The provided 10-Q extract does not include quantitative revenue or EPS guidance. Recent guidance commentary appears in post-filing news rather than the supplied filing text.
Earlier filings 4
10-K · March 2, 2026
SoundHound AI reported strong top-line growth in 2025 with FY revenue of approximately $169.0M (sum of quarters) vs $85.0M in 2024, driven by a $55.06M Q4 that beat consensus and a series of product and platform…
10-Q · August 11, 2025
SoundHound reported a strong revenue inflection in Q2 with revenues of $42,683 (in thousands), up $29,221 vs. $13,462 in the year-ago quarter, while gross margin held near 39.0%. Despite top-line strength and a $230,340…
10-K · March 11, 2025
SoundHound positions itself as an independent Voice AI platform with proprietary Speech-to-Meaning, Deep Meaning Understanding and Collective AI capabilities and a product suite including Smart Ordering, Dynamic…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.