# SoundHound AI Inc. (SOUN)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $2.82B  
**Price:** $6.88 (+1.85%)

> SoundHound AI Inc. is a technology company specializing in voice artificial intelligence solutions for enterprises. Its core platform enables natural, conversational interactions between users and devices, focusing on speech recognition, natural language understanding, and sound AI across multiple languages and use cases. The company’s products support businesses in sectors such as automotive, smart devices and IoT, customer service, restaurants, retail, financial services, and healthcare, helping them integrate voice interfaces into their offerings and operations. SoundHound AI delivers independent, white-label voice AI, allowing enterprises to maintain control over their data and user experience while leveraging advanced conversational capabilities. Key offerings include tools for smart answering, voice-enabled customer support, in-car voice assistants, and AI-driven ordering solutions for drive-thru and hospitality environments. Founded in 2005 and headquartered in Santa Clara, California, SoundHound AI today operates across the United States and multiple international markets, including Korea, France, Japan, and Germany, serving as a specialized provider in the broader artificial intelligence and information technology landscape.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $169M | $72M | -$23M | -$14M | — |
| 2024 | $85M | $41M | -$341M | -$351M | — |
| 2023 | $46M | $35M | -$69M | -$89M | — |
| 2022 | $31M | $22M | -$106M | -$117M | — |
| 2021 | $21M | $15M | -$65M | -$80M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $688M | $224M | $464M | $248M | — |
| 2024 | $554M | $371M | $183M | $198M | — |
| 2023 | $151M | $123M | $28M | $95M | $84M |
| 2022 | $38M | $75M | -$37M | $9M | $18M |
| 2021 | $49M | $113M | -$343M | $22M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$98M | $902,000 | -$99M |
| 2024 | -$109M | $640,000 | -$110M |
| 2023 | -$68M | $392,000 | -$69M |
| 2022 | -$94M | $1M | -$95M |
| 2021 | -$66M | $636,000 | -$67M |

Source: [CompaniesByCap](https://companiesbycap.com/company/SOUN)