SoundHound AI, Inc. (SOUN) Earnings
SoundHound AI, Inc. is expected to report next earnings on November 5, 2026 (in NaN days), with a consensus EPS estimate of $-0.06. SOUN has beaten EPS estimates in 7 of its last 12 reported quarters (average surprise +34.8% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Aug 5, 2026 | $-0.13 | $-0.10 | +24.2% | $62M | +18.2% |
| May 7, 2026 | $-0.10 | $-0.06 | +40.0% | $44M | +3.8% |
| Nov 6, 2025 | $-0.04 | $-0.03 | +25.0% | $42M | -22.0% |
| Aug 7, 2025 | $-0.06 | $-0.03 | +50.0% | $43M | +5.4% |
| May 8, 2025 | $-0.07 | $-0.06 | +14.3% | $29M | -4.1% |
| Feb 27, 2025 | $-0.11 | $-0.69 | -527.3% | $35M | +2.5% |
| Aug 8, 2024 | $-0.09 | $-0.11 | -22.2% | $13M | +2.9% |
| May 9, 2024 | $-0.09 | $-0.07 | +22.2% | $12M | +14.8% |
| Feb 29, 2024 | $-0.05 | $-0.06 | -20.0% | $17M | -3.4% |
| Nov 9, 2023 | $-0.09 | $-0.09 | +0.0% | $13M | +3.8% |
| May 11, 2023 | $-0.12 | $-0.12 | +0.0% | $7M | -16.8% |
| Mar 7, 2023 | $-0.17 | $-0.15 | +11.8% | $10M | +44.2% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q2 FY2026 · August 5, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Customer and Vertical Traction - Expanded customer base across multiple industries: asset management, Canadian insurance, casualty insurance, global healthcare technology, eye care EHR/practice management, in-home and facility-based care, global biopharmaceuticals, multinational telecommunications, and multiple quick-service and casual restaurant chains - Secured seven healthcare deals in Q2, including one seven-figure contract - The company's AI solutions enable automated patient services including appointment scheduling, care updates, and prescription refills - Partnership Expansion - Entered a new partner agreement with a large global IT services and consulting firm focused on enterprise digital transformation - Launched a multi-year partnership with a Latin America-based company to deliver Samsung technology to the partner's customer network across over 20 countries - Product and Platform Progress - Launched OASIS, the company's self-building, self-optimizing agentic AI platform, which has accelerated deal closure - Demand for high ROI voice and agentic AI solutions is at an all-time high, with enterprises prioritizing automation to reduce costs and scale consistent customer service - The company continues to drive internal platform efficiency by shifting from third-party solutions to in-house technology and harvesting acquisition synergies - Acquisition Update - The planned acquisition of LivePercent is progressing as expected, with completion targeted for the second half of the current year - Financial Performance - GAAP gross margin was 45%, up 6 percentage points year-over-year; non-GAAP gross margin was 58%, flat year-over-year but up 8 percentage points sequentially, driven by infrastructure modernization, optimized cloud spend, and legacy system consolidation - R&D expenses were $27.1 million (up 5% YoY), sales and marketing expenses were $16.6 million (up 5% YoY), G&A expenses were $26 million (up 43% YoY, driven by acquisition-related legal and advisory costs) - GAAP operating loss improved 45% YoY to $43.3 million; adjusted EBITDA loss improved 33% YoY to $9.6 million - Ending cash and equivalents totaled $203 million with no outstanding debt on the balance sheet
Guidance
- Management raised full-year revenue guidance to a range of $230 million to $260 million, reflecting strong Q2 performance and accelerating demand for the company's AI solutions - The new guidance confirms the company's expectation of strong full-year growth, supported by realized cost synergies from past acquisitions and targeted go-to-market investments for the OASIS platform and channel expansion - Management expects long-term gross margin to exceed 70% (matching the level when the company went public) as acquisition synergies continue to be harvested, after near-term temporary gross margin pressure from past acquisitions - The company will remain disciplined on costs while pursuing aggressive market share growth through expansion at existing customers and new customer acquisition, with the strategic goal of reaching profitable growth
Segment performance
Total company Q2 revenue was $61.9 million, representing 45% year-over-year growth. The enterprise AI business was the largest contributor to total revenue, with strong broad-based growth across multiple verticals including healthcare, financial services, technology, and automotive. In the automotive segment, the Asia business grew substantially for five consecutive quarters, and the quarter's largest overall deal was in this region. No separate absolute financial values or explicit revenue contribution percentages were provided for individual segments beyond the relative contribution detail.
Risks & headwinds
No explicit discussion of business risks, operational failures, or material downside challenges was included in the provided transcript excerpt.