SoundHound AI's revenue rose 217% to $42.7 million in the quarter to Jun 30, 2025, and its net loss widened to $74.7 million
The 10-Q filed on Aug 11, 2025 showed gross margin falling to 39% from 63% and a $31.4 million loss from re-measuring what the company may owe the sellers of SYNQ3 and Amelia.
SoundHound AI, which sells voice AI to businesses, filed its 10-Q, the quarterly report a US-listed company files with the SEC, on Aug 11, 2025 for the quarter ended Jun 30, 2025. Revenue was $42.7 million, up 217% from $13.5 million a year earlier. Service subscriptions brought in $32.1 million against $3.6 million a year earlier, an increase the 10-Q credits to revenue from acquisitions, and product royalties were $10.5 million, up 8%. The company bought SYNQ3, a restaurant voice AI provider, on Jan 3, 2024, and Amelia, a conversational AI software company, on Aug 6, 2024.1,2,3,4,5,6,7,8,9
Gross margin fell to 39% from 63%, which the 10-Q ties mainly to the Amelia acquisition. The operating loss was $78.05 million against $21.99 million a year earlier, and the net loss $74.72 million against $37.32 million, a diluted loss of $0.19 a share against $0.11.10,11,12,13,14,15,16,17
Operating expenses included a $31.4 million loss from re-measuring contingent acquisition liabilities, which come from the SYNQ3 and Amelia deals and move with SoundHound's share price and the odds of hitting revenue targets. The company called the swing non-operating and non-cash; the same line was a gain of $144.7 million over the six months, when it reported net income of $55.2 million.18,19,20,21,22
In its earnings release of Aug 7, 2025, chief executive Keyvan Mohajer called it the strongest quarter in the company's history, and the company raised its full-year 2025 revenue outlook to $160 - $178 million. The release said SoundHound had unveiled Amelia 7, an AI agent platform that integrates its Polaris speech foundation model, and that 15 large enterprise customers were migrating onto it. Unrestricted cash and cash equivalents were $230.3 million at Jun 30, 2025, and sales of new shares in July and August 2025 raised $82.2 million in gross proceeds.23,24,25,26,27,28
A later 8-K reported that a SoundHound subsidiary signed a merger agreement with Interactions Corporation on Sep 3, 2025, and that the company announced the closing on Sep 9, 2025, with over $270 million of cash and no outstanding debt for the combined company.29,30,31,32
Our records hold SoundHound's operating income, net income and diluted earnings per share for the quarter but no revenue, so the revenue figures above come from the filing's own text.33
How each figure was checked
- what SoundHound AI says it doesvoice AI solutionsSEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- when the 10-Q was filedAug 11, 2025
- the end of the quarter the 10-Q coversJun 30, 2025
- revenue of the quarter and the same quarter a year earlier, from a table printed in thousands$42.7 million, $13.5 million and 217%SEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- service subscription revenue of the quarter and a year earlier, from a table printed in thousands$32.1 million and $3.6 millionSEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- the company's explanation of the rise in service subscription revenue$28.4 millionSEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- product royalty revenue of the quarter, from a table printed in thousands$10.5 million, up 8%SEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- SoundHound bought SYNQ3 on January 3, 2024January 3, 2024SEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- SoundHound bought Amelia, a conversational AI software company, on August 6, 2024August 6, 2024SEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- gross margin of the quarter and a year earlier39% and 63%SEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- the company's explanation of the fall in gross marginacquisition of Amelia in 2024SEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- operating loss of the quarter−$78.05 million for the quarter from Apr 1, 2025 to Jun 30, 2025
- operating loss of the same quarter a year earlier−$21.99 million in the same quarter a year earlier
- net loss of the quarter−$74.72 million for the quarter from Apr 1, 2025 to Jun 30, 2025
- net loss of the same quarter a year earlier−$37.32 million in the same quarter a year earlier
- diluted loss per share of the quarter-0.19 USD per share for the quarter from Apr 1, 2025 to Jun 30, 2025
- diluted loss per share of the same quarter a year earlier-0.11 USD per share in the same quarter a year earlier
- change in fair value of contingent acquisition liabilities, quarter and six monthsa $31.4 million loss for the three months and a $144.7 million gain for the six monthsSEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- what the contingent acquisition liabilities areSYNQ3 and AmeliaSEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- what moves the fair value of those liabilitiesstock price and revenue targetsSEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- the company's description of the fluctuationnon-operating and non-cashSEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- net income of the six months to June 30, 2025, from a table printed in thousands$55.2 millionSEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- the earnings release is dated August 7, 2025August 7, 2025SEC EDGAR, Form 8-K filed Aug 7, 2025 ↗
- Keyvan Mohajer, chief executive and co-founder, called it the strongest quarterstrongest ever quarter; 2024 acquisitionsSoundHound AI earnings release, Aug 7, 2025 (Exhibit 99.1 to the 8-K) ↗
- the raised revenue outlook for 2025$160 - $178 millionSoundHound AI earnings release, Aug 7, 2025 (Exhibit 99.1 to the 8-K) ↗
- the company said it unveiled Amelia 7 and 15 large enterprise customers were migrating onto itAmelia 7; 15 large enterprise customersSoundHound AI earnings release, Aug 7, 2025 (Exhibit 99.1 to the 8-K) ↗
- unrestricted cash and cash equivalents$230.3 million as of June 30, 2025SEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- share sales in July and August 2025July and August 2025; $82.2 millionSEC EDGAR, Form 10-Q filed Aug 11, 2025 ↗
- a SoundHound subsidiary signed a merger agreement on September 3, 2025September 3, 2025SEC EDGAR, Form 8-K filed Sep 9, 2025, on the Interactions acquisition ↗
- the target of the merger agreementInteractions CorporationSEC EDGAR, Form 8-K filed Sep 9, 2025, on the Interactions acquisition ↗
- SoundHound announced the closing on September 9, 2025September 9, 2025SEC EDGAR, Form 8-K filed Sep 9, 2025, on the Interactions acquisition ↗
- cash of the combined company at closingover $270 millionSEC EDGAR, Form 8-K filed Sep 9, 2025, on the Interactions acquisition ↗
- what our records hold of the report's figuresOur records hold operating income, net income and diluted earnings per share for this report's quarter ended Jun 30, 2025. They hold no revenue. Other measures a company reports (net income attributable to its owners, EBITDA, impairments, segment figures, adjusted figures) are in our records only where the dossier offers them.
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The record
- Company
- SoundHound AI (CIK 1840856)
- Form
- 10-Q
- Accession
- 0001628280-25-039596
- Filed
- Aug 11, 2025
- Period covered
- Apr 1, 2025 – Jun 30, 2025
- Operating income
- −78,051,000 USD
- Operating income, a year earlier
- −21,985,000 USD
- Net income
- −74,724,000 USD
- Net income, a year earlier
- −37,322,000 USD
- Goodwill impairment
- 0 USD
- Goodwill impairment, a year earlier
- 0 USD
Quarterly revenue, last 4 periods
About SoundHound AI
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