SoundHound AI reported Q3 2025 revenue up 68% to $42.0 million and a net loss of $109.3 million

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

SoundHound AI, a voice and conversational AI company, filed its 10-Q, the quarterly report US-listed companies give the SEC, on Nov 10, 2025, for the quarter ended Sep 30, 2025. Revenue was $42.0 million, up 68% from $25.1 million in the same quarter a year earlier. The operating loss was $115.9 million against $33.8 million, and the net loss was $109.3 million, or $0.27 a share, against $21.8 million, or $0.06 a share.1^,2^,3^,4^,5^,6^,7^,8^,9^,10

The operating loss included $66.2 million from the change in fair value of contingent acquisition liabilities, a loss the filing counts among its operating expenses. These are payments, in cash or shares, that SoundHound may owe the sellers of companies it bought if targets are met; the filing re-measures them each quarter using SoundHound's share price and the odds of meeting the targets, and a higher price at Sep 30 than at Jun 30, 2025 raised their value, a swing the company calls non-operating and non-cash. The filing's notes put $65.9 million of that loss on the earnout for Amelia, a conversational AI company bought on Aug 6, 2024. That earnout could pay Amelia's sellers up to 16,822,429 shares on 2025 and 2026 revenue targets, which the company judged probable at Sep 30, 2025. Over the nine months to Sep 30, 2025 the same line was a gain of $78.5 million, and the net loss was $54.1 million against $92.1 million a year earlier.11^,12^,13^,14^,15^,16^,17^,18

Service subscription revenue rose $14.9 million, mainly because of acquisitions, and gross margin fell to 43% from 49%. SoundHound bought Interactions, a customer service AI company, on Sep 3, 2025, and Interactions contributed $5.5 million of revenue in the quarter. The filing puts the preliminary purchase consideration at $76.1 million. It includes $19.4 million in cash to Interactions' shareholders, $41.5 million of Interactions debt that SoundHound repaid and an earnout of up to $25.0 million in cash, tied to revenue targets and a contract renewal, which it counted at an estimated $9.9 million. Unrestricted cash and equivalents were $268.9 million at Sep 30, 2025.19^,20^,21^,22^,23^,24^,25^,26^,27

In its earnings release of Nov 6, 2025, SoundHound gave non-GAAP figures, its own measures, which leave out items including stock-based pay, acquisition costs and the earnout charge. Adjusted EBITDA was a loss of $14.5 million against a loss of $15.9 million, and non-GAAP net loss was $13.0 million against $15.0 million. In the same release it raised its 2025 revenue outlook to a range of $165 - $180 million.28^,29^,30^,31^,32

Of this filing we hold the management discussion and the notes, not its other exhibits, and with one value kept for each period we cannot tell whether year-earlier figures were restated.33^,34