SoundHound AI Past Earnings Performance
Past criteria checks 0/6
SoundHound AI's earnings have been declining at an average annual rate of -12.7%, while the Software industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 37.1% per year.
Key information
-12.7%
Earnings growth rate
87.4%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 37.1% |
| Return on equity | -315.7% |
| Net Margin | -199.9% |
| Next Earnings Update | 09 May 2024 |
Recent past performance updates
Recent updates
SoundHound AI: Sounds Amazing, If We Forget Reality
Apr 15SoundHound AI's Momentum Is Showing Weaknesses As Insiders Sell
Mar 24Small Cap Nuance With Courage & Conviction Investing
Mar 04SoundHound AI: Nvidia, SoftBank Investments Put Into Perspective
Feb 16SoundHound AI, Inc.'s (NASDAQ:SOUN) Share Price Matching Investor Opinion
Feb 15
SoundHound AI: Growth Is Fading Away, Keep Clear
Jan 18Why Investors Shouldn't Be Surprised By SoundHound AI, Inc.'s (NASDAQ:SOUN) 50% Share Price Surge
Apr 17SoundHound AI, Inc. (NASDAQ:SOUN) Released Earnings Last Week And Analysts Lifted Their Price Target To US$4.23
Mar 10Newsflash: SoundHound AI, Inc. (NASDAQ:SOUN) Analysts Have Been Trimming Their Revenue Forecasts
Feb 10SoundHound AI: Expect To Be A Meaningful Winner In The AI Industry
Oct 13Archimedes Completes SPAC Merger With SoundHound AI
Jun 01Revenue & Expenses BreakdownBeta
How SoundHound AI makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 46 | -92 | 47 | 51 |
| 30 Sep 23 | 38 | -103 | 49 | 60 |
| 30 Jun 23 | 36 | -112 | 54 | 67 |
| 31 Mar 23 | 34 | -117 | 56 | 74 |
| 31 Dec 22 | 31 | -117 | 51 | 76 |
| 30 Sep 22 | 27 | -108 | 43 | 71 |
| 30 Jun 22 | 20 | -101 | 32 | 66 |
| 31 Mar 22 | 22 | -85 | 23 | 61 |
| 31 Dec 21 | 21 | -80 | 21 | 59 |
| 30 Sep 21 | 20 | -74 | 19 | 56 |
| 31 Dec 20 | 13 | -78 | 19 | 54 |
| 31 Dec 19 | 8 | -64 | 20 | 48 |
Quality Earnings: SOUN is currently unprofitable.
Growing Profit Margin: SOUN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOUN is unprofitable, and losses have increased over the past 5 years at a rate of 12.7% per year.
Accelerating Growth: Unable to compare SOUN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SOUN is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.8%).
Return on Equity
High ROE: SOUN has a negative Return on Equity (-315.74%), as it is currently unprofitable.