Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | 42,049,000 | 42,683,000 | 29,129,000 | 34,543,000 | 25,094,000 | 13,462,000 | 11,594,000 | 17,147,000 | 13,268,000 | 8,751,000 | 6,707,000 | 9,501,000 | 11,186,000 | 6,152,000 |
yoy | 67.57% | 217.06% | 151.24% | 101.45% | 89.13% | 53.83% | 72.86% | 80.48% | 18.61% | 42.25% | ||||
qoq | -1.49% | 46.53% | -15.67% | 37.65% | 86.41% | 16.11% | -32.38% | 29.24% | 51.62% | 30.48% | -29.41% | -15.06% | 81.83% | |
operating expenses: | ||||||||||||||
cost of revenues | 24,128,000 | 26,021,000 | 18,511,000 | 20,759,000 | 12,901,000 | 4,980,000 | 4,669,000 | 3,911,000 | 3,590,000 | 1,830,000 | 1,976,000 | 2,755,000 | 2,583,000 | 2,488,000 |
sales and marketing | 16,381,000 | 15,837,000 | 12,007,000 | 9,566,000 | 8,363,000 | 5,655,000 | 5,542,000 | 4,469,000 | 4,471,000 | 5,078,000 | 4,875,000 | 6,744,000 | 6,672,000 | 4,370,000 |
research and development | 22,848,000 | 25,805,000 | 24,756,000 | 20,394,000 | 19,545,000 | 15,738,000 | 14,878,000 | 12,713,000 | 12,806,000 | 11,736,000 | 14,184,000 | 21,528,000 | 19,352,000 | 18,862,000 |
general and administrative | 24,346,000 | 18,230,000 | 18,407,000 | 16,437,000 | 17,031,000 | 9,535,000 | 10,267,000 | 7,641,000 | 6,931,000 | 6,377,000 | 7,125,000 | 7,226,000 | 9,587,000 | 9,362,000 |
change in fair value of contingent acquisition liabilities | 66,245,000 | 31,359,000 | -176,100,000 | 220,946,000 | -1,356,000 | -1,082,000 | 4,162,000 | |||||||
amortization of intangible assets | 3,992,000 | 3,482,000 | 3,451,000 | 3,513,000 | 2,377,000 | 621,000 | 605,000 | |||||||
total operating expenses | 157,940,000 | 120,734,000 | -98,968,000 | 291,615,000 | 58,861,000 | 35,447,000 | 40,123,000 | 29,540,000 | 27,798,000 | 25,187,000 | 31,745,000 | 38,253,000 | 38,194,000 | 35,082,000 |
income from operations | -115,891,000 | -78,051,000 | 128,097,000 | -257,072,000 | -33,767,000 | -21,985,000 | -28,529,000 | -12,393,000 | -14,530,000 | -16,436,000 | -25,038,000 | -28,752,000 | -27,008,000 | -28,930,000 |
yoy | 243.21% | 255.02% | -549.01% | 1974.33% | 132.40% | 33.76% | 13.94% | -56.90% | -46.20% | -43.19% | ||||
qoq | 48.48% | -160.93% | -149.83% | 661.31% | 53.59% | -22.94% | 130.20% | -14.71% | -11.60% | -34.36% | -12.92% | 6.46% | -6.64% | |
operating margin % | -275.61% | -182.86% | 439.76% | -744.21% | -134.56% | -163.31% | -246.07% | -72.28% | -109.51% | -187.82% | -373.31% | -302.62% | -241.44% | -470.25% |
other income, net: | ||||||||||||||
loss on early extinguishment of debt | -42,000 | -15,587,000 | ||||||||||||
interest expense | -153,000 | -169,000 | -235,000 | -1,309,000 | -1,109,000 | -4,086,000 | -5,664,000 | -5,460,000 | -5,442,000 | -5,572,000 | -1,096,000 | -1,178,000 | -1,166,000 | -1,572,000 |
other income | 7,230,000 | 4,752,000 | 2,889,000 | 135,000 | 2,634,000 | 4,974,000 | 1,479,000 | 1,457,000 | 1,336,000 | 493,000 | 94,000 | 534,000 | 116,000 | 223,000 |
total other income | 7,077,000 | 4,583,000 | 2,654,000 | -1,216,000 | 1,525,000 | -14,699,000 | -4,185,000 | -4,003,000 | -4,106,000 | -5,079,000 | -1,002,000 | -644,000 | -1,050,000 | -1,349,000 |
income before benefit for income taxes | -108,814,000 | |||||||||||||
benefit for income taxes | 457,000 | |||||||||||||
net income | -109,271,000 | -74,724,000 | 129,932,000 | -258,599,000 | -21,751,000 | -37,322,000 | -33,009,000 | -18,003,000 | -20,197,000 | -21,932,000 | -26,369,000 | -30,680,000 | -28,922,000 | -30,668,000 |
yoy | 402.37% | 100.21% | -493.63% | 1336.42% | 7.69% | 70.17% | 25.18% | -41.32% | -30.17% | -28.49% | ||||
qoq | 46.23% | -157.51% | -150.24% | 1088.91% | -41.72% | 13.07% | 83.35% | -10.86% | -7.91% | -16.83% | -14.05% | 6.08% | -5.69% | |
net income margin % | -259.87% | -175.07% | 446.06% | -748.63% | -86.68% | -277.24% | -284.71% | -104.99% | -152.22% | -250.62% | -393.16% | -322.91% | -258.56% | -498.50% |
cumulative dividends attributable to series a preferred stock | -73,000 | -343,000 | ||||||||||||
net income attributable to soundhound common shareholders | -109,271,000 | -74,724,000 | 129,227,000 | -258,599,000 | -21,751,000 | -37,395,000 | -33,352,000 | -18,571,000 | -20,844,000 | |||||
other comprehensive income: | ||||||||||||||
unrealized gains on investments | 47,000 | -33,000 | 6,000 | -57,000 | 57,000 | -30,000 | 36,000 | 2,000 | 168,000 | 29,000 | ||||
comprehensive loss | -109,224,000 | -258,656,000 | -21,694,000 | -37,425,000 | -32,973,000 | -20,775,000 | -20,029,000 | -21,903,000 | -30,680,000 | -28,922,000 | -30,668,000 | |||
net income per share | ||||||||||||||
basic | -0.27 | -0.19 | 0.33 | |||||||||||
diluted | -0.27 | -0.19 | 0.31 | |||||||||||
weighted-average common shares outstanding: | ||||||||||||||
basic | 409,783,470 | 400,124,499 | 393,893,313 | |||||||||||
diluted | 411,702,440 | 402,043,468 | 414,156,455 | |||||||||||
income before benefit from income taxes | -73,468,000 | 130,751,000 | -25,410,000 | -32,242,000 | -36,684,000 | -32,714,000 | -16,396,000 | -18,636,000 | -21,515,000 | -26,040,000 | -29,396,000 | -28,058,000 | -30,279,000 | |
benefit from income taxes | 1,256,000 | 819,000 | -2,389,500 | -10,491,000 | 638,000 | 295,000 | 1,607,000 | 1,561,000 | 417,000 | 329,000 | 1,284,000 | 864,000 | 389,000 | |
earnings attributable to participating class a common shares | -705,000 | |||||||||||||
comprehensive income | -74,757,000 | 129,938,000 | ||||||||||||
restructuring | 806,000 | 166,000 | 3,585,000 | |||||||||||
net income per share | ||||||||||||||
basic and diluted | -0.76 | -0.06 | -0.11 | -0.12 | -0.07 | -0.09 | -0.1 | -0.13 | -0.14 | -0.15 | -0.19 | |||
weighted-average common shares outstanding: | ||||||||||||||
basic and diluted | 338,462,574 | 360,385,812 | 331,830,608 | 286,596,559 | 229,264,904 | 242,022,268 | 220,772,111 | 205,082,328 | 157,317,695 | 197,006,980 | 162,004,172 | |||
less: cumulative dividends attributable to series a preferred stock | 551,500 | 647,000 | ||||||||||||
other comprehensive gain: | ||||||||||||||
unrealized holding gain on available-for-sale securities, net of tax |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
