SoundHound AI reported 2025 revenue of $168.92 million, up 99%, and a net loss of $14.01 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, which described itself as offering independent voice AI to businesses, reported revenue of $168.92 million for 2025, up 99% from $84.69 million a year earlier, in its Form 10-K (the annual report a US-listed company files with the SEC) filed on Mar 2, 2026. Its loss from operations was $23.27 million, against $341.35 million a year earlier, and its net loss was $14.01 million, against $350.68 million. That net loss is the total before preferred dividends. The company had none that year, so it is also the loss attributable to common stockholders; a year earlier that loss was $351.10 million, after $0.42 million of dividends.1^,2^,3^,4^,5^,6^,7^,8^,9

In operating expenses, the change in fair value of contingent acquisition liabilities, a line the company tied to contingent payments for the SYNQ3, Amelia and Interactions acquisitions, was a gain of $163.1 million in 2025, against a loss of $222.7 million in 2024. The company said the line moves with its stock price and with its assessed chance of reaching future revenue targets, that the lower stock price at the end of the year than a year before reduced the fair value of those liabilities, and called the fluctuation non-operating and non-cash.10^,11^,12^,13^,14

Service subscriptions rose to $133.55 million from $56.35 million, which the company attributed to revenue from acquisitions; product royalties rose to $34.91 million from $27.96 million, on more license revenue in Asia. Interactions Corporation, an AI company for customer service that SoundHound acquired on Sep 3, 2025, contributed $23.1 million of revenue that year. The preliminary purchase consideration was $76.1 million, including the repayment of $41.5 million of Interactions' debt. The selling shareholders could earn up to $25.0 million in cash on fiscal 2026 and 2027 revenue targets and on a specific customer renewing or extending an existing contract by Mar 31, 2026; SoundHound paid $4.7 million of it on Jan 23, 2026, after a customer renewed an existing contract. Gross margin fell to 42% from 49%, which the company tied mainly to amortization of intangible assets from the Amelia and Interactions acquisitions.15^,16^,17^,18^,19^,20^,21^,22^,23^,24^,25

Under its second at-the-market program, which lets it sell shares from time to time, SoundHound sold 13,913,014 shares in 2025 at an average of $14.48, raising $201.5 million in gross proceeds. It held $248.5 million in unrestricted cash and cash equivalents at the end of the year. In its Feb 26, 2026 earnings release, the company reported a full-year adjusted EBITDA loss of $58.4 million, against $61.9 million a year earlier; that is the company's own measure, outside US accounting rules (non-GAAP), and it left out the fair value change on contingent acquisition liabilities, among other items.26^,27^,28^,29^,30^,31^,32

The notes described a class action, filed on Mar 28, 2025, that sought to represent stockholders who bought SoundHound securities between Mar 1, 2024 and Mar 11, 2025; the complaint named the company, CEO Keyvan Mohajer and CFO Nitesh Sharan, and the company said it believed the complaint lacked merit.33^,34^,35

On Mar 18, 2026, the company said CFO Nitesh Sharan would resign effective Apr 3, 2026, for personal reasons and not from any disagreement on its operations, policies, financial results or accounting practices. Co-founder James Hom would serve as interim CFO.36^,37^,38^,39^,40

Our records hold the 10-K's management discussion and notes to the financial statements and nothing else of it. Our checks hold back its operating income and net income, so those figures are the company's own, read from the results table in the 10-K, and our records cannot tell whether year-earlier figures were restated.41^,42^,43