SoundHound AI reported second-quarter 2026 revenue of $61.9 million, up 45%, and a $42.8 million net loss

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 agentic AI company, reported a net loss of $42.8 million under US accounting rules (GAAP) for the quarter ended Jun 30, 2026, in a 10-Q filed Aug 10, 2026. The 10-Q, the quarterly report a US-listed company files with the SEC, followed an earnings release issued on Aug 5, 2026. Revenue was $61.9 million, up 45% from $42.7 million in the second quarter of 2025, and $106.1 million for the six months, up 48%; the 10-Q ties the rise in service subscriptions mainly to revenue from acquisitions in the Americas.1^,2^,3^,4^,5^,6^,7^,8

The operating loss was $43.3 million against $78.1 million a year earlier. The year-earlier quarter carried a $31.4 million charge on contingent acquisition liabilities, a line that revalues the earn-out consideration owed on acquisitions with the company's stock price and the assessed chance of meeting revenue targets; this quarter the line was a $3.7 million gain, which the 10-Q calls non-operating and non-cash, though it counts the change in fair value among its operating expenses. GAAP gross margin rose to 45.1% from 39.0%, which the 10-Q credits mainly to new, higher-margin license deals closed in the second quarter of 2026. The company's own non-GAAP measures, which leave out items such as stock-based pay and that fair-value change, were a net loss of $9.0 million and an adjusted EBITDA loss of $9.6 million.9^,10^,11^,12^,13^,14^,15^,16^,17^,18

Unrestricted cash and cash equivalents were $202.8 million at Jun 30, 2026, and the release said the company had no debt. On May 5, 2026, the company announced the commercial launch of OASYS, an orchestrated agentic AI platform designed to manage the lifecycle of enterprise AI agents. The release said the company raised its full-year 2026 revenue outlook to a range of $230 - $260 million and planned to update its guidance when the LivePerson acquisition closed, which it expected before the end of 2026.19^,20^,21^,22^,23

On Jul 2, 2026, the company amended and restated its Apr 21, 2026 merger agreement to acquire LivePerson, under which, the 10-Q says, holders of LivePerson common stock would receive about $42.8 million of consideration in a mix of cash and company stock. Alongside the original agreement, the company signed a notes restructuring agreement under which the holders of LivePerson's secured notes agreed to release them for about $261.2 million of consideration, payable in a potential mix of cash and stock at SoundHound's discretion. The 10-Q said the deal was expected to close in the third quarter of 2026; the company announced the completion of the mergers on Sep 4, 2026, and appointed John Collins, who had served as LivePerson's chief financial officer since February 2020, as its CFO.24^,25^,26^,27^,28^,29^,30^,31

Our records hold this report's operating income, net income and diluted earnings per share but no revenue figure, and cannot tell whether the year-earlier figures were restated.32^,33