SoundHound AI Inc

What Do They Do?

Builds software that lets product makers and service businesses add spoken assistants to cars and devices, and automate restaurant ordering and customer service.

How Do They Make Money?

Most revenue comes from hosted voice and customer-service access: businesses pay fixed subscriptions or usage charges over the service period. Product creators pay royalties based on volume, usage, or duration; monetization adds advertising income tied to ad impressions and usage.

revenue

Segment	Share	How money arrives
Service subscriptions Mix	79% FY2022: 5.9%	Mix
Product royalties Licensed	21% FY2022: 91%	Licensed
Monetization Usage-based	0.3% FY2022: 2.7%	Usage-based

Who Are Their Customers?

Product makers and service providers across automotive, television, connected devices, restaurants and customer-service industries use SoundHound's platform to add spoken assistants, restaurant ordering and automated customer support.

Do Revenues Turn Into Profits?

No. It lost $14M in FY2025.

Operating income, FY2025

−14% of revenue

▼ −93% (Loss) vs FY2024 (−$341.4M, −403%)

Net income, FY2025

−8% of revenue

▼ −96% (Loss) vs FY2024 (−$350.7M, −414%)

Free cash flow, FY2025

−59% of revenue

▼ −9% (Loss) vs FY2024 (−$109.5M, −129%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +45%; vs $42.7M in Q2 FY2025
Net income: ▼ −43% (Loss); vs −$74.7M in Q2 FY2025

Service subscriptions share of revenue vs 75.1% in Q2 FY2025

Sep 4, 2026 Completed the acquisition of LivePerson The combined platform brings digital messaging together with voice AI; John Collins was appointed CFO.
Aug 5, 2026 Raised its full-year outlook
Mar 18, 2026 CFO Nitesh Sharan announced his departure James Hom was named interim CFO as the company began a search for a permanent successor.

Growing. Revenue grew 8.0x in 4 years, from $21.2M in FY2021 to $168.9M in FY2025, about 68% a year.

AI agents and enterprise tools The older report centered on a voice platform and highlighted Dynamic Interaction and SoundHound Chat AI; the latest describes an agent platform that can handle customer-service and IT requests, take backend actions, and coordinate agents in vehicles.

Revenue over time

Service subscriptions Product royalties Monetization

$200M$100M$0

FY2021 FY2022 FY2023 FY2024 FY2025

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