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SoundHound AI (SOUNW) Financials

SoundHound AI logo
$4.19 -0.02 (-0.48%)
Closing price 05/23/2025 03:49 PM Eastern
Extended Trading
$4.32 +0.13 (+3.10%)
As of 05/23/2025 07:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for SoundHound AI

Annual Income Statements for SoundHound AI

This table shows SoundHound AI's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Net Income / (Loss) Attributable to Common Shareholders
-351 -92 -117 -80
Consolidated Net Income / (Loss)
-351 -89 -117 -80
Net Income / (Loss) Continuing Operations
-351 -89 -117 -80
Total Pre-Tax Income
-360 -85 -114 -79
Total Operating Income
-341 -69 -106 -65
Total Gross Profit
41 35 22 15
Total Revenue
85 46 31 21
Operating Revenue
85 46 31 21
Total Cost of Revenue
43 11 9.60 6.59
Operating Cost of Revenue
43 11 9.60 6.59
Total Operating Expenses
383 103 127 80
Selling, General & Admin Expense
53 28 30 17
Marketing Expense
29 19 20 4.24
Research & Development Expense
71 51 76 59
Amortization Expense
7.12 0.00 0.00 -
Restructuring Charge
0.00 4.56 0.00 0.00
Other Special Charges / (Income)
223 0.00 0.00 -
Total Other Income / (Expense), net
-19 -16 -8.15 -14
Interest Expense
28 18 6.89 8.34
Other Income / (Expense), net
9.22 1.16 -1.26 -5.42
Income Tax Expense
-9.25 3.91 2.89 0.46
Preferred Stock Dividends Declared
0.42 2.77 0.00 0.00
Basic Earnings per Share
($1.04) ($0.40) ($0.74) ($1.18)
Weighted Average Basic Shares Outstanding
338.46M 229.26M 157.32M 67.26M
Diluted Earnings per Share
($1.04) ($0.40) ($0.74) ($1.18)
Weighted Average Diluted Shares Outstanding
338.46M 229.26M 157.32M 67.26M
Weighted Average Basic & Diluted Shares Outstanding
398.96M 309.11M 219.91M 3.96M

Quarterly Income Statements for SoundHound AI

This table shows SoundHound AI's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
-259 -22 -37 -33 -19 -21 -24 -28 -31 -30
Consolidated Net Income / (Loss)
-259 -22 -37 -33 -18 -20 -23 -27 -31 -30
Net Income / (Loss) Continuing Operations
-259 -22 -37 -33 -18 -20 -23 -27 -31 -30
Total Pre-Tax Income
-258 -32 -37 -33 -16 -19 -23 -27 -30 -29
Total Operating Income
-257 -34 -22 -29 -12 -15 -16 -25 -29 -27
Total Gross Profit
14 12 8.48 6.93 13 9.68 6.92 4.73 6.75 8.60
Total Revenue
35 25 13 12 17 13 8.75 6.71 9.50 11
Operating Revenue
35 25 13 12 17 13 8.75 6.71 9.50 11
Total Cost of Revenue
21 13 4.98 4.67 3.91 3.59 1.83 1.98 2.76 2.58
Operating Cost of Revenue
21 13 4.98 4.67 3.91 3.59 1.83 1.98 2.76 2.58
Total Operating Expenses
271 46 30 35 26 24 23 30 36 36
Selling, General & Admin Expense
16 17 9.54 10 7.64 6.93 6.42 7.29 7.43 9.65
Marketing Expense
9.57 8.36 5.66 5.54 4.47 4.47 5.08 4.88 6.74 6.67
Research & Development Expense
20 20 16 15 13 13 12 14 22 19
Amortization Expense
3.51 2.38 0.62 0.61 - 0.00 0.00 0.00 - -
Other Special Charges / (Income)
221 -1.36 -1.08 4.16 - 0.00 0.00 0.00 - -
Total Other Income / (Expense), net
-1.22 1.53 -15 -4.19 -4.00 -4.11 -6.41 -1.90 -0.64 -2.13
Interest Expense
1.35 1.11 20 5.66 5.46 5.44 5.57 1.10 1.18 1.17
Other Income / (Expense), net
0.14 2.63 4.97 1.48 1.46 1.34 -0.84 -0.80 0.53 -0.96
Income Tax Expense
0.31 -10 0.64 0.30 1.61 1.56 0.42 0.33 1.28 0.86
Basic Earnings per Share
($0.75) ($0.06) ($0.11) ($0.12) ($0.06) ($0.09) ($0.11) ($0.14) ($0.04) ($0.15)
Weighted Average Basic Shares Outstanding
338.46M 360.39M 331.83M 286.60M 229.26M 242.02M 220.77M 205.08M 157.32M 197.01M
Diluted Earnings per Share
($0.75) ($0.06) ($0.11) ($0.12) ($0.06) ($0.09) ($0.11) ($0.14) ($0.04) ($0.15)
Weighted Average Diluted Shares Outstanding
338.46M 360.39M 331.83M 286.60M 229.26M 242.02M 220.77M 205.08M 157.32M 197.01M
Weighted Average Basic & Diluted Shares Outstanding
398.96M 369.75M 358.73M 329.17M 309.11M 246.92M 240.70M 216.95M 219.91M -

Annual Cash Flow Statements for SoundHound AI

This table details how cash moves in and out of SoundHound AI's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Net Change in Cash & Equivalents
90 100 -13 -22
Net Cash From Operating Activities
-109 -68 -94 -66
Net Cash From Continuing Operating Activities
-109 -68 -94 -66
Net Income / (Loss) Continuing Operations
-351 -89 -117 -80
Consolidated Net Income / (Loss)
-351 -89 -117 -80
Depreciation Expense
16 2.31 4.04 5.50
Amortization Expense
4.23 8.75 5.48 8.33
Non-Cash Adjustments To Reconcile Net Income
41 11 21 6.32
Changes in Operating Assets and Liabilities, net
181 -1.71 -8.03 -6.79
Net Cash From Investing Activities
-12 -0.39 -1.33 -0.64
Net Cash From Continuing Investing Activities
-12 -0.39 -1.33 -0.64
Purchase of Property, Plant & Equipment
-0.64 -0.39 -1.33 -0.64
Acquisitions
-12 0.00 0.00 -
Net Cash From Financing Activities
211 168 82 45
Net Cash From Continuing Financing Activities
211 168 82 45
Repayment of Debt
-215 -35 -12 0.00
Repurchase of Common Equity
-10 0.00 0.00 -
Issuance of Debt
0.00 85 0.00 45
Issuance of Preferred Equity
0.00 25 0.00 0.00
Issuance of Common Equity
437 93 4.16 2.49
Other Financing Activities, net
-0.32 -0.16 89 -2.58
Effect of Exchange Rate Changes
0.23 -0.02 0.00 0.00
Cash Interest Paid
6.34 12 4.36 2.63
Cash Income Taxes Paid
2.72 2.36 1.04 0.26

Quarterly Cash Flow Statements for SoundHound AI

This table details how cash moves in and out of SoundHound AI's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
62 -65 -25 117 -0.89 -20 83 37 -24 -32
Net Cash From Operating Activities
-33 -35 -18 -22 -14 -20 -20 -15 -20 -27
Net Cash From Continuing Operating Activities
-33 -35 -18 -22 -14 -20 -20 -15 -20 -27
Net Income / (Loss) Continuing Operations
-259 -22 -37 -33 -18 -20 -23 -27 -31 -30
Consolidated Net Income / (Loss)
-259 -22 -37 -33 -18 -20 -23 -27 -31 -30
Depreciation Expense
7.94 5.37 1.28 1.47 0.37 0.53 0.70 0.71 0.84 0.93
Amortization Expense
0.43 0.84 1.00 1.97 2.83 2.59 2.41 0.91 - -
Non-Cash Adjustments To Reconcile Net Income
8.47 5.81 19 7.91 -2.33 -1.04 5.74 8.95 2.41 4.75
Changes in Operating Assets and Liabilities, net
209 -26 -2.13 -0.29 3.26 -2.09 -5.21 2.33 1.75 -2.45
Net Cash From Investing Activities
-0.08 -7.50 -1.00 -3.79 -0.06 -0.33 0.02 -0.02 -0.14 -0.21
Net Cash From Continuing Investing Activities
-0.08 -7.50 -1.00 -3.79 -0.06 -0.04 -0.28 -0.02 -0.14 -0.21
Purchase of Property, Plant & Equipment
-0.08 -0.23 -0.24 -0.10 -0.06 -0.04 -0.28 -0.02 -0.14 -0.21
Net Cash From Financing Activities
95 -22 -5.67 143 13 0.62 103 52 -3.61 -4.55
Net Cash From Continuing Financing Activities
95 -22 -5.67 143 13 0.62 103 52 -3.61 -4.55
Repayment of Debt
-40 -70 -106 0.00 - - -31 -4.37 -4.10 -4.03
Repurchase of Common Equity
-3.18 -1.54 -2.20 -3.44 - - - 0.00 - -
Issuance of Common Equity
139 50 102 146 13 0.66 49 31 0.54 0.72
Other Financing Activities, net
-0.21 -0.05 -0.03 -0.03 -0.04 -0.04 -0.04 -0.04 -0.06 -1.24
Effect of Exchange Rate Changes
0.24 -0.15 0.03 0.10 -0.02 - - 0.00 - -
Cash Interest Paid
1.89 0.91 0.00 3.54 4.04 3.60 3.27 1.07 2.06 1.16
Cash Income Taxes Paid
1.04 0.40 0.55 0.73 0.71 0.55 0.55 0.55 0.26 0.75

Annual Balance Sheets for SoundHound AI

This table presents SoundHound AI's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Total Assets
554 151 38 49 0.00
Total Current Assets
256 114 18 27 0.00
Cash & Equivalents
198 95 9.25 22 0.00
Accounts Receivable
50 4.05 3.41 2.06 -
Other Current Assets
7.48 14 2.53 2.05 -
Plant, Property, & Equipment, net
0.00 0.00 3.45 0.00 0.00
Total Noncurrent Assets
298 38 17 22 0.00
Goodwill
102 0.00 - - -
Intangible Assets
175 0.00 - - -
Noncurrent Deferred & Refundable Income Taxes
0.00 0.01 0.06 2.17 -
Other Noncurrent Operating Assets
21 24 17 19 -
Other Noncurrent Nonoperating Assets
0.68 14 0.23 0.74 -
Total Liabilities & Shareholders' Equity
554 151 38 49 0.00
Total Liabilities
371 123 75 113 0.00
Total Current Liabilities
68 24 39 88 0.00
Accounts Payable
5.56 1.65 2.80 3.76 0.00
Accrued Expenses
26 14 8.54 7.30 0.00
Current Deferred Revenue
24 4.31 5.81 6.04 -
Current Deferred & Payable Income Tax Liabilities
2.75 1.62 1.31 2.74 -
Other Current Liabilities
9.27 2.76 3.44 8.07 -
Total Noncurrent Liabilities
304 99 36 25 0.00
Long-Term Debt
0.00 84 18 0.00 -
Noncurrent Deferred Revenue
9.94 7.36 7.54 15 -
Other Noncurrent Operating Liabilities
294 7.06 10 10 0.00
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
183 28 -37 -343 -0.00
Total Preferred & Common Equity
183 28 -37 -343 -0.00
Preferred Stock
0.00 14 0.00 - 0.00
Total Common Equity
183 14 -37 -343 -0.00
Common Stock
1,126 606 467 43 0.00
Retained Earnings
-943 -592 -503 -387 -0.00
Accumulated Other Comprehensive Income / (Loss)
0.21 0.20 0.00 - -

Quarterly Balance Sheets for SoundHound AI

This table presents SoundHound AI's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023
Total Assets
500 267 287 144 158 73
Total Current Assets
181 224 234 109 127 53
Cash & Equivalents
136 200 212 96 116 46
Accounts Receivable
14 5.06 6.85 3.38 3.53 2.66
Other Current Assets
32 19 15 7.49 5.07 2.62
Plant, Property, & Equipment, net
1.54 1.30 1.35 1.83 2.33 2.75
Total Noncurrent Assets
317 41 52 33 28 17
Goodwill
112 6.04 5.76 - - -
Intangible Assets
183 13 12 - - -
Noncurrent Deferred & Refundable Income Taxes
0.03 0.01 0.01 0.06 0.06 0.06
Other Noncurrent Operating Assets
22 21 20 19 14 17
Other Noncurrent Nonoperating Assets
0.81 0.81 14 14 14 0.23
Total Liabilities & Shareholders' Equity
500 267 287 144 158 73
Total Liabilities
204 43 132 118 119 70
Total Current Liabilities
70 26 26 21 27 42
Accounts Payable
18 4.26 3.00 2.16 1.90 2.54
Accrued Expenses
23 13 15 11 16 12
Current Deferred Revenue
20 2.93 3.63 4.25 4.61 5.32
Current Deferred & Payable Income Tax Liabilities
2.68 1.89 1.63 1.11 1.08 1.21
Other Current Liabilities
7.05 3.32 2.88 2.88 3.04 3.30
Total Noncurrent Liabilities
133 17 105 97 92 29
Long-Term Debt
40 0.00 86 83 66 14
Noncurrent Deferred Revenue
13 6.04 6.40 3.57 4.12 5.43
Other Noncurrent Operating Liabilities
81 11 14 9.76 21 9.34
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
296 224 155 26 39 2.38
Total Preferred & Common Equity
296 224 155 26 39 2.38
Preferred Stock
0.00 0.00 2.10 14 25 25
Total Common Equity
296 224 153 12 14 -23
Common Stock
980 886 779 586 564 506
Retained Earnings
-684 -663 -625 -574 -550 -528
Accumulated Other Comprehensive Income / (Loss)
0.26 0.21 0.24 0.20 0.03 -

Annual Metrics And Ratios for SoundHound AI

This table displays calculated financial ratios and metrics derived from SoundHound AI's official financial filings.

Metric 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Growth Metrics
- - - -
Revenue Growth
84.62% 47.36% 46.86% 0.00%
EBITDA Growth
-452.97% 42.11% -71.19% 0.00%
EBIT Growth
-392.39% 36.92% -51.16% 0.00%
NOPAT Growth
-397.54% 35.07% -61.76% 0.00%
Net Income Growth
-294.30% 23.80% -46.74% 0.00%
EPS Growth
-160.00% 45.95% 37.29% 0.00%
Operating Cash Flow Growth
-59.49% 27.39% -42.07% 0.00%
Free Cash Flow Firm Growth
-250.54% 30.21% 0.00% 0.00%
Invested Capital Growth
-572.08% 131.11% 58.57% 0.00%
Revenue Q/Q Growth
25.85% 20.00% -9.89% 0.00%
EBITDA Q/Q Growth
-339.17% 31.36% 27.60% 0.00%
EBIT Q/Q Growth
-285.62% 20.58% 20.53% 0.00%
NOPAT Q/Q Growth
-253.10% 19.44% 18.23% 0.00%
Net Income Q/Q Growth
-218.55% 12.65% 22.42% 0.00%
EPS Q/Q Growth
-197.14% -5.26% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
-21.48% 8.75% 32.51% 0.00%
Free Cash Flow Firm Q/Q Growth
18.07% -6.06% 0.00% 0.00%
Invested Capital Q/Q Growth
-108.16% 632.46% 0.00% 0.00%
Profitability Metrics
- - - -
Gross Margin
48.86% 75.35% 69.16% 68.93%
EBITDA Margin
-368.20% -122.94% -312.95% -268.47%
Operating Margin
-403.05% -149.56% -339.46% -308.19%
EBIT Margin
-392.16% -147.04% -343.51% -333.74%
Profit (Net Income) Margin
-414.06% -193.88% -374.93% -375.24%
Tax Burden Percent
97.43% 104.60% 102.54% 100.58%
Interest Burden Percent
108.37% 126.05% 106.45% 111.79%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
-332.68% 2,118.30% 232.73% 249.60%
Cash Return on Invested Capital (CROIC)
0.00% -1,815.49% 0.00% 0.00%
Operating Return on Assets (OROA)
-94.21% -71.34% -245.29% -287.55%
Return on Assets (ROA)
-99.47% -94.06% -267.72% -323.31%
Return on Common Equity (ROCE)
-310.29% 5,697.25% 881.28% 1,344.18%
Return on Equity Simple (ROE_SIMPLE)
-191.99% -315.74% 319.19% 23.17%
Net Operating Profit after Tax (NOPAT)
-239 -48 -74 -46
NOPAT Margin
-282.13% -104.69% -237.63% -215.73%
Net Nonoperating Expense Percent (NNEP)
-99.92% 10,640.16% 136.77% 91.36%
Return On Investment Capital (ROIC_SIMPLE)
-130.82% -42.70% 4,628.94% -
Cost of Revenue to Revenue
51.14% 24.65% 30.84% 31.07%
SG&A Expenses to Revenue
62.90% 61.66% 97.80% 77.94%
R&D to Revenue
83.31% 112.13% 245.40% 279.18%
Operating Expenses to Revenue
451.91% 224.91% 408.63% 377.12%
Earnings before Interest and Taxes (EBIT)
-332 -67 -107 -71
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-312 -56 -97 -57
Valuation Ratios
- - - -
Price to Book Value (P/BV)
40.16 37.44 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 37.44 0.00 0.00
Price to Revenue (P/Rev)
86.62 11.41 11.20 0.00
Price to Earnings (P/E)
0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 152.89 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
84.28 11.48 12.02 0.00
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00
Leverage & Solvency
- - - -
Debt to Equity
0.00 2.99 -0.96 -0.94
Long-Term Debt to Equity
0.00 2.99 -0.50 0.00
Financial Leverage
-1.06 -0.09 -0.62 -0.58
Leverage Ratio
3.34 -22.52 -0.87 -0.77
Compound Leverage Factor
3.62 -28.39 -0.93 -0.86
Debt to Total Capital
0.00% 74.96% -2,188.17% -1,533.37%
Short-Term Debt to Total Capital
0.00% 0.00% -1,043.05% -1,533.37%
Long-Term Debt to Total Capital
0.00% 74.96% -1,145.12% 0.00%
Preferred Equity to Total Capital
0.00% 12.61% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% -7,163.07%
Common Equity to Total Capital
100.00% 12.43% 2,288.17% 8,796.44%
Debt to EBITDA
0.00 -1.50 -0.36 -1.05
Net Debt to EBITDA
0.00 0.19 -0.26 -0.66
Long-Term Debt to EBITDA
0.00 -1.50 -0.19 0.00
Debt to NOPAT
0.00 -1.76 -0.47 -1.31
Net Debt to NOPAT
0.00 0.23 -0.35 -0.83
Long-Term Debt to NOPAT
0.00 -1.76 -0.25 0.00
Altman Z-Score
8.05 -3.39 -24.88 0.00
Noncontrolling Interest Sharing Ratio
6.73% -168.95% -278.67% -438.54%
Liquidity Ratios
- - - -
Current Ratio
3.77 4.69 0.46 0.31
Quick Ratio
3.66 4.10 0.33 0.27
Cash Flow Metrics
- - - -
Free Cash Flow to Firm (FCFF)
-219 -63 -90 0.00
Operating Cash Flow to CapEx
-17,012.19% -17,414.54% -7,074.42% -10,405.19%
Free Cash Flow to Firm to Interest Expense
-7.89 -3.56 -13.00 0.00
Operating Cash Flow to Interest Expense
-3.92 -3.89 -13.64 -7.93
Operating Cash Flow Less CapEx to Interest Expense
-3.94 -3.91 -13.83 -8.01
Efficiency Ratios
- - - -
Asset Turnover
0.24 0.49 0.71 0.86
Accounts Receivable Turnover
3.15 12.29 11.37 0.00
Inventory Turnover
0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00
Accounts Payable Turnover
12.01 5.08 2.93 3.50
Days Sales Outstanding (DSO)
116.05 29.69 32.09 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
30.39 71.84 124.68 104.23
Cash Conversion Cycle (CCC)
85.66 -42.15 -92.59 -104.23
Capital & Investment Metrics
- - - -
Invested Capital
-16 3.45 -11 -27
Invested Capital Turnover
-13.21 -12.03 -1.65 -0.79
Increase / (Decrease) in Invested Capital
-20 15 16 0.00
Enterprise Value (EV)
7,138 527 374 0.00
Market Capitalization
7,336 523 349 0.00
Book Value per Share
$0.49 $0.06 ($0.19) ($19.66)
Tangible Book Value per Share
($0.25) $0.06 ($0.19) ($19.66)
Total Capital
183 112 -1.60 -3.90
Total Debt
0.00 84 35 60
Total Long-Term Debt
0.00 84 18 0.00
Net Debt
-198 -11 26 38
Capital Expenditures (CapEx)
0.64 0.39 1.33 0.64
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-10 -5.94 -13 -23
Debt-free Net Working Capital (DFNWC)
188 89 -4.20 -0.44
Net Working Capital (NWC)
188 89 -21 -60
Net Nonoperating Expense (NNE)
112 41 43 34
Net Nonoperating Obligations (NNO)
-199 -25 25 37
Total Depreciation and Amortization (D&A)
20 11 9.51 14
Debt-free, Cash-free Net Working Capital to Revenue
-12.35% -12.95% -43.19% -106.25%
Debt-free Net Working Capital to Revenue
221.72% 194.71% -13.49% -2.06%
Net Working Capital to Revenue
221.72% 194.71% -67.04% -284.32%
Earnings Adjustments
- - - -
Adjusted Basic Earnings per Share
($1.04) ($0.40) ($0.73) ($0.71)
Adjusted Weighted Average Basic Shares Outstanding
338.46M 229.26M 157.32M 17.46M
Adjusted Diluted Earnings per Share
($1.04) ($0.40) ($0.73) ($0.71)
Adjusted Weighted Average Diluted Shares Outstanding
338.46M 229.26M 157.32M 17.46M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 ($0.71)
Adjusted Weighted Average Basic & Diluted Shares Outstanding
398.96M 309.11M 219.91M 14.55M
Normalized Net Operating Profit after Tax (NOPAT)
-83 -45 -74 -46
Normalized NOPAT Margin
-98.09% -97.74% -237.63% -215.73%
Pre Tax Income Margin
-424.98% -185.34% -365.65% -373.09%
Debt Service Ratios
- - - -
EBIT to Interest Expense
-11.95 -3.84 -15.51 -8.48
NOPAT to Interest Expense
-8.60 -2.73 -10.73 -5.48
EBIT Less CapEx to Interest Expense
-11.97 -3.86 -15.71 -8.56
NOPAT Less CapEx to Interest Expense
-8.62 -2.76 -10.92 -5.56
Payout Ratios
- - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
-2.95% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for SoundHound AI

This table displays calculated financial ratios and metrics derived from SoundHound AI's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - -
Revenue Growth
101.45% 89.13% 53.83% 72.86% 80.48% 18.61% 42.25% 56.34% -26.45% 0.00%
EBITDA Growth
-3,114.38% -147.60% -3.75% 3.20% 71.96% 62.85% 48.78% -36.29% 50.79% -13,839.94%
EBIT Growth
-2,249.46% -135.96% 1.77% -4.02% 61.52% 52.93% 39.67% -19.43% 49.29% -14,317.24%
NOPAT Growth
-1,974.50% -132.40% -33.38% -13.20% 57.20% 46.33% 43.02% -21.65% 44.87% -11,696.90%
Net Income Growth
-1,336.42% -7.69% -60.13% -20.34% 41.70% 32.81% 24.00% -9.27% 52.21% -15,632.57%
EPS Growth
-1,150.00% 33.33% 0.00% 14.29% -50.00% 40.00% 42.11% 61.11% 0.00% -650.00%
Operating Cash Flow Growth
-138.81% -74.88% 5.95% -50.95% 32.06% 24.76% 38.13% 3.00% 68.93% -183.47%
Free Cash Flow Firm Growth
-590.93% -2,247.21% -1,264.36% -860.71% 35.43% 50.14% -49.50% 64.59% 0.00% 0.00%
Invested Capital Growth
-572.08% 30,898.15% 194.69% 212.93% 131.11% 0.00% -40.13% -2,181.14% 58.57% 0.00%
Revenue Q/Q Growth
37.65% 86.41% 16.11% -32.38% 29.24% 51.62% 30.48% -29.41% -15.06% 81.83%
EBITDA Q/Q Growth
-896.94% -69.20% 37.58% -123.46% 23.21% 29.10% 41.76% 11.57% -1.76% 2.26%
EBIT Q/Q Growth
-725.29% -83.02% 37.11% -147.35% 17.11% 23.81% 33.41% 8.49% -1.38% 2.35%
NOPAT Q/Q Growth
-661.31% -53.59% 22.94% -130.22% 14.71% 11.85% 34.60% 12.95% -6.95% 6.42%
Net Income Q/Q Growth
-1,088.91% 41.72% -13.07% -83.35% 10.86% 13.34% 15.03% 11.18% -2.73% 1.98%
EPS Q/Q Growth
-1,150.00% 45.45% 8.33% -100.00% 33.33% 18.18% 21.43% -250.00% 73.33% 21.05%
Operating Cash Flow Q/Q Growth
6.21% -90.97% 15.75% -58.24% 31.32% -2.71% -35.22% 28.77% 23.94% 15.55%
Free Cash Flow Firm Q/Q Growth
28.32% -256.96% -30.18% -107.42% -143.52% -107.49% 8.33% 86.06% -88.02% -522.19%
Invested Capital Q/Q Growth
-108.16% 767.35% 53.96% 333.15% 632.46% 97.33% -83.61% -19.34% 0.00% 100.00%
Profitability Metrics
- - - - - - - - - -
Gross Margin
39.90% 48.59% 63.01% 59.73% 77.19% 72.94% 79.09% 70.54% 71.00% 76.91%
EBITDA Margin
-719.59% -99.36% -109.46% -203.61% -45.10% -75.90% -162.31% -363.61% -290.27% -242.29%
Operating Margin
-744.21% -134.56% -163.31% -246.07% -72.27% -109.51% -188.36% -375.77% -304.74% -242.02%
EBIT Margin
-743.82% -124.07% -126.36% -233.31% -63.78% -99.44% -197.90% -387.73% -299.12% -250.59%
Profit (Net Income) Margin
-748.63% -86.68% -277.24% -284.71% -104.99% -152.22% -266.34% -408.98% -325.03% -268.74%
Tax Burden Percent
100.12% 67.46% 101.74% 100.90% 109.80% 108.38% 101.82% 101.21% 104.34% 102.96%
Interest Burden Percent
100.53% 103.56% 215.65% 120.94% 149.93% 141.25% 132.17% 104.21% 104.15% 104.16%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% -63.83% 0.00% -10,238.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% -66.89% 0.00% -10,221.30% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 25.62% 0.00% 10,110.71% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
-332.68% -38.21% -82.62% -127.29% 2,118.30% -392.62% -513.93% -176.56% 232.73% 0.00%
Cash Return on Invested Capital (CROIC)
0.00% -134.29% -441.55% -526.00% -1,815.49% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
-178.69% -25.94% -33.04% -65.75% -30.94% -26.40% -57.83% -126.33% -213.59% 0.00%
Return on Assets (ROA)
-179.85% -18.12% -72.50% -80.24% -50.94% -40.41% -77.83% -133.25% -232.09% 0.00%
Return on Common Equity (ROCE)
-310.29% -36.50% -74.77% -105.49% 5,697.25% -174.80% -218.61% 30.27% 881.28% 0.00%
Return on Equity Simple (ROE_SIMPLE)
0.00% -37.19% -48.46% -60.79% 0.00% -392.62% -287.91% -4,997.48% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
-180 -24 -15 -20 -8.67 -10 -12 -18 -20 -19
NOPAT Margin
-520.95% -94.19% -114.32% -172.25% -50.59% -76.66% -131.85% -263.04% -213.32% -169.41%
Net Nonoperating Expense Percent (NNEP)
-70.34% 3.06% -16.61% -16.70% 2,426.16% -75.44% -27.68% -13.17% 33.96% 0.00%
Return On Investment Capital (ROIC_SIMPLE)
-98.52% - - - -7.71% - - - 1,268.28% -
Cost of Revenue to Revenue
60.10% 51.41% 36.99% 40.27% 22.81% 27.06% 20.91% 29.46% 29.00% 23.09%
SG&A Expenses to Revenue
47.58% 67.87% 70.83% 88.55% 44.56% 52.24% 73.41% 108.69% 78.17% 86.28%
R&D to Revenue
59.04% 77.89% 116.91% 128.33% 74.14% 96.52% 134.11% 211.48% 226.59% 173.00%
Operating Expenses to Revenue
784.11% 183.15% 226.32% 305.80% 149.46% 182.45% 267.44% 446.31% 375.74% 318.93%
Earnings before Interest and Taxes (EBIT)
-257 -31 -17 -27 -11 -13 -17 -26 -28 -28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-249 -25 -15 -24 -7.73 -10 -14 -24 -28 -27
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
40.16 5.65 5.81 11.87 37.44 41.91 71.29 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 996.24 6.35 13.38 37.44 41.91 71.29 0.00 0.00 0.00
Price to Revenue (P/Rev)
86.62 24.84 23.44 35.87 11.41 12.66 27.31 18.09 11.20 18.70
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 7.91 47.88 113.70 152.89 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
84.28 23.42 19.83 33.42 11.48 12.70 26.64 18.38 12.02 0.00
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.00 0.13 0.00 0.55 2.99 3.21 1.71 13.00 -0.96 0.00
Long-Term Debt to Equity
0.00 0.13 0.00 0.55 2.99 3.21 1.71 5.93 -0.50 0.00
Financial Leverage
-1.06 -0.38 -1.00 -0.99 -0.09 -1.02 -1.96 -1.10 -0.62 0.00
Leverage Ratio
3.34 2.00 1.61 2.28 -22.52 5.55 5.69 1.53 -0.87 0.00
Compound Leverage Factor
3.36 2.07 3.48 2.76 -33.76 7.84 7.52 1.59 -0.91 0.00
Debt to Total Capital
0.00% 11.82% 0.00% 35.49% 74.96% 76.27% 63.16% 92.86% -2,188.17% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 50.46% -1,043.05% 0.00%
Long-Term Debt to Total Capital
0.00% 11.82% 0.00% 35.49% 74.96% 76.27% 63.16% 42.39% -1,145.12% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.87% 12.61% 13.17% 23.69% 74.80% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
100.00% 88.18% 100.00% 63.64% 12.43% 10.57% 13.15% -67.65% 2,288.17% 0.00%
Debt to EBITDA
0.00 -0.56 0.00 -1.54 -1.50 -1.01 -0.69 -0.30 -0.36 0.00
Net Debt to EBITDA
0.00 1.35 0.00 2.27 0.19 0.16 0.51 0.15 -0.26 0.00
Long-Term Debt to EBITDA
0.00 -0.56 0.00 -1.54 -1.50 -1.01 -0.69 -0.14 -0.19 0.00
Debt to NOPAT
0.00 -0.59 0.00 -1.70 -1.76 -1.40 -0.97 -0.40 -0.47 0.00
Net Debt to NOPAT
0.00 1.42 0.00 2.51 0.23 0.21 0.72 0.20 -0.35 0.00
Long-Term Debt to NOPAT
0.00 -0.59 0.00 -1.70 -1.76 -1.40 -0.97 -0.18 -0.25 0.00
Altman Z-Score
8.50 3.20 15.67 5.97 -2.16 -2.43 0.72 -5.52 -18.06 0.00
Noncontrolling Interest Sharing Ratio
6.73% 4.47% 9.49% 17.13% -168.95% 55.48% 57.46% 117.15% -278.67% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
3.77 2.58 8.77 8.84 4.69 5.11 4.70 1.28 0.46 0.00
Quick Ratio
3.66 2.13 8.04 8.25 4.10 4.65 4.42 1.18 0.33 0.00
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-160 -224 -63 -48 -23 -9.52 -4.59 -5.01 -36 -19
Operating Cash Flow to CapEx
-41,403.75% -15,695.56% -7,835.59% -22,169.70% -23,913.79% -49,253.66% -7,072.30% -96,933.33% -14,478.01% -13,028.16%
Free Cash Flow to Firm to Interest Expense
-118.61 -201.58 -3.18 -8.49 -4.25 -1.75 -0.82 -4.57 -30.49 -16.38
Operating Cash Flow to Interest Expense
-24.52 -31.84 -0.94 -3.88 -2.54 -3.71 -3.53 -13.27 -17.33 -23.02
Operating Cash Flow Less CapEx to Interest Expense
-24.58 -32.05 -0.95 -3.89 -2.55 -3.72 -3.58 -13.28 -17.45 -23.19
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.24 0.21 0.26 0.28 0.49 0.27 0.29 0.33 0.71 0.00
Accounts Receivable Turnover
3.15 7.94 12.91 10.68 12.29 11.32 15.90 0.00 11.37 0.00
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 39.95 30.60 24.75 0.00 20.91 10.04 0.00 0.00 0.00
Accounts Payable Turnover
12.01 2.66 5.58 5.06 5.08 4.69 2.52 0.00 2.93 0.00
Days Sales Outstanding (DSO)
116.05 45.96 28.26 34.19 29.69 32.23 22.96 0.00 32.09 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
30.39 137.39 65.44 72.20 71.84 77.78 144.56 0.00 124.68 0.00
Cash Conversion Cycle (CCC)
85.66 -91.44 -37.18 -38.02 -42.15 -45.54 -121.60 0.00 -92.59 0.00
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
-16 199 23 15 3.45 -0.65 -24 -13 -11 0.00
Invested Capital Turnover
-13.21 0.68 -86.14 59.44 -12.03 -118.17 -1.74 -4.86 -1.65 0.00
Increase / (Decrease) in Invested Capital
-20 200 47 28 15 -0.65 -6.95 -13 16 0.15
Enterprise Value (EV)
7,138 1,576 1,100 1,697 527 485 963 617 374 0.00
Market Capitalization
7,336 1,672 1,300 1,821 523 484 987 607 349 646
Book Value per Share
$0.49 $0.83 $0.68 $0.50 $0.06 $0.05 $0.06 ($0.10) ($0.19) $0.00
Tangible Book Value per Share
($0.25) $0.00 $0.62 $0.44 $0.06 $0.05 $0.06 ($0.10) ($0.19) $0.00
Total Capital
183 336 224 241 112 109 105 33 -1.60 0.00
Total Debt
0.00 40 0.00 86 84 83 66 31 35 0.00
Total Long-Term Debt
0.00 40 0.00 86 84 83 66 14 18 0.00
Net Debt
-198 -96 -200 -126 -11 -13 -49 -15 26 0.00
Capital Expenditures (CapEx)
0.08 0.23 0.24 0.10 0.06 0.04 0.28 0.02 0.14 0.21
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-10 -25 -1.64 -4.19 -5.94 -8.18 -16 -18 -13 0.00
Debt-free Net Working Capital (DFNWC)
188 111 199 208 89 88 100 29 -4.20 0.00
Net Working Capital (NWC)
188 111 199 208 89 88 100 12 -21 0.00
Net Nonoperating Expense (NNE)
79 -1.89 22 13 9.33 10 12 9.79 11 11
Net Nonoperating Obligations (NNO)
-199 -97 -201 -141 -25 -27 -63 -16 25 0.00
Total Depreciation and Amortization (D&A)
8.37 6.20 2.28 3.44 3.20 3.12 3.11 1.62 0.84 0.93
Debt-free, Cash-free Net Working Capital to Revenue
-12.35% -36.52% -2.95% -8.25% -12.95% -21.40% -43.78% -52.94% -43.19% 0.00%
Debt-free Net Working Capital to Revenue
221.72% 164.99% 357.88% 408.89% 194.71% 230.11% 276.49% 85.18% -13.49% 0.00%
Net Working Capital to Revenue
221.72% 164.99% 357.88% 408.89% 194.71% 230.11% 276.49% 35.01% -67.04% 0.00%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($0.75) ($0.06) ($0.11) ($0.12) ($0.06) $0.00 ($0.10) $0.00 ($0.04) $0.00
Adjusted Weighted Average Basic Shares Outstanding
338.46M 360.39M 331.83M 286.60M 229.26M 0.00 220.77M 0.00 157.32M 0.00
Adjusted Diluted Earnings per Share
($0.75) ($0.06) ($0.11) ($0.12) ($0.06) $0.00 ($0.10) $0.00 ($0.04) $0.00
Adjusted Weighted Average Diluted Shares Outstanding
338.46M 360.39M 331.83M 286.60M 229.26M 0.00 220.77M 0.00 157.32M 0.00
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
398.96M 369.75M 358.73M 329.17M 309.11M 0.00 240.70M 0.00 219.91M 0.00
Normalized Net Operating Profit after Tax (NOPAT)
-25 -25 -16 -17 -8.11 -10 -11 -15 -20 -19
Normalized NOPAT Margin
-73.21% -97.98% -119.94% -147.12% -47.30% -76.66% -130.52% -225.62% -213.32% -169.41%
Pre Tax Income Margin
-747.73% -128.48% -272.50% -282.16% -95.62% -140.46% -261.57% -404.07% -311.51% -261.01%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
-190.18 -28.07 -0.86 -4.78 -2.00 -2.42 -3.11 -23.73 -24.12 -24.04
NOPAT to Interest Expense
-133.20 -21.31 -0.78 -3.53 -1.59 -1.87 -2.07 -16.10 -17.20 -16.25
EBIT Less CapEx to Interest Expense
-190.24 -28.28 -0.88 -4.79 -2.01 -2.43 -3.16 -23.74 -24.24 -24.22
NOPAT Less CapEx to Interest Expense
-133.26 -21.52 -0.79 -3.54 -1.60 -1.88 -2.12 -16.11 -17.32 -16.43
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
-2.95% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About SoundHound AI's Financials

When does SoundHound AI's financial year end?

According to the most recent income statement we have on file, SoundHound AI's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has SoundHound AI's net income changed over the last 3 years?

SoundHound AI's net income appears to be on an upward trend, with a most recent value of -$350.68 million in 2024, rising from -$79.54 million in 2021. The previous period was -$88.94 million in 2023.

What is SoundHound AI's operating income?
SoundHound AI's total operating income in 2024 was -$341.35 million, based on the following breakdown:
  • Total Gross Profit: $41.38 million
  • Total Operating Expenses: $382.74 million
How has SoundHound AI revenue changed over the last 3 years?

Over the last 3 years, SoundHound AI's total revenue changed from $21.20 million in 2021 to $84.69 million in 2024, a change of 299.6%.

How much debt does SoundHound AI have?

SoundHound AI's total liabilities were at $371.30 million at the end of 2024, a 202.0% increase from 2023, and a 51,857,441.9% increase since 2020.

How much cash does SoundHound AI have?

In the past 4 years, SoundHound AI's cash and equivalents has ranged from $0.00 in 2020 to $198.24 million in 2024, and is currently $198.24 million as of their latest financial filing in 2024.

How has SoundHound AI's book value per share changed over the last 3 years?

Over the last 3 years, SoundHound AI's book value per share changed from -19.66 in 2021 to 0.49 in 2024, a change of -102.5%.



This page (NASDAQ:SOUNW) was last updated on 5/25/2025 by MarketBeat.com Staff
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