SoundHound Quarterly Income Statements Chart
Quarterly
|
Annual
SoundHound Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 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 | 42,683,000 | 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 | 217.06% | 151.24% | 101.45% | 89.13% | 53.83% | 72.86% | 80.48% | 18.61% | 42.25% | ||||
| qoq | 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 | 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 | 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 | 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 | 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 | 31,359,000 | -176,100,000 | 220,946,000 | -1,356,000 | -1,082,000 | 4,162,000 | |||||||
| amortization of intangible assets | 3,482,000 | 3,451,000 | 3,513,000 | 2,377,000 | 621,000 | 605,000 | |||||||
| total operating expenses | 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 | -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 | 255.02% | -549.01% | 1974.33% | 132.40% | 33.76% | 13.94% | -56.90% | -46.20% | -43.19% | ||||
| qoq | -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 % | -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 | -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 | 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 | 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 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 |
| net income | -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 | 100.21% | -493.63% | 1336.42% | 7.69% | 70.17% | 25.18% | -41.32% | -30.17% | -28.49% | ||||
| qoq | -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 % | -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% |
| earnings attributable to participating class a common shares | -705,000 | ||||||||||||
| cumulative dividends attributable to series a preferred stock | -73,000 | -343,000 | |||||||||||
| net income attributable to soundhound common shareholders | -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 | -33,000 | 6,000 | -57,000 | 57,000 | -30,000 | 36,000 | 2,000 | 168,000 | 29,000 | ||||
| comprehensive income | -74,757,000 | 129,938,000 | |||||||||||
| net income per share | |||||||||||||
| basic | -0.19 | 0.33 | |||||||||||
| diluted | -0.19 | 0.31 | |||||||||||
| weighted-average common shares outstanding: | |||||||||||||
| basic | 400,124,499 | 393,893,313 | |||||||||||
| diluted | 402,043,468 | 414,156,455 | |||||||||||
| restructuring | 806,000 | 166,000 | 3,585,000 | ||||||||||
| comprehensive loss | -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 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 |
We provide you with 20 years income statements for SoundHound stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of SoundHound stock. Explore the full financial landscape of SoundHound stock with our expertly curated income statements.
The information provided in this report about SoundHound stock 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.