SoundHound AI Past Earnings Performance
Past criteria checks 0/6
SoundHound AI's earnings have been declining at an average annual rate of -10.1%, while the Software industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 36.1% per year.
Key information
-10.1%
Earnings growth rate
80.0%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 36.1% |
| Return on equity | -37.2% |
| Net Margin | -165.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
SoundHound AI: When Growth Comes At A Cost
Nov 25SoundHound AI, Inc. (NASDAQ:SOUN) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Nov 15
SoundHound Q3: Switching Growth Lanes On AI Subscriptions
Nov 13SoundHound AI, Inc.'s (NASDAQ:SOUN) 49% Jump Shows Its Popularity With Investors
Nov 09SoundHound: Amelia Integration Will Weigh On The Share Price
Oct 10SoundHound: AI Spending Momentarily Sobering Up
Sep 03News Flash: Analysts Just Made A Substantial Upgrade To Their SoundHound AI, Inc. (NASDAQ:SOUN) Forecasts
Aug 20Why Investors Shouldn't Be Surprised By SoundHound AI, Inc.'s (NASDAQ:SOUN) P/S
Aug 10SoundHound AI: Not Impressed By Amelia Deal
Aug 09The Voice AI Market Could Be Worth $100 Billion, Pay Up For SoundHound AI
Aug 02SoundHound AI: Still Frothy
Jul 11SoundHound: A Strong, But Expensive AI Voice Play
Jul 01SoundHound: The Valuation Is Not Sound
Jun 23Robust SaaS Growth At SoundHound AI, But Risky Customer Concentration
Jun 01SoundHound AI: Don't Chase AI Hype Following Q1 Earnings
May 10SoundHound 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 15SoundHound 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 Breakdown
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 |
|---|---|---|---|---|
| 30 Sep 24 | 67 | -111 | 68 | 63 |
| 30 Jun 24 | 55 | -110 | 54 | 56 |
| 31 Mar 24 | 51 | -97 | 51 | 52 |
| 31 Dec 23 | 46 | -92 | 47 | 51 |
| 30 Sep 23 | 38 | -104 | 49 | 60 |
| 30 Jun 23 | 36 | -113 | 54 | 67 |
| 31 Mar 23 | 34 | -120 | 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 10.1% 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 (28.9%).
Return on Equity
High ROE: SOUN has a negative Return on Equity (-37.19%), as it is currently unprofitable.