SoundHound AI Q2 2026 Revenue Hits Record 61.9 Million USD

SoundHound AI Reports Record Revenue

Santa Clara, Calif. - SoundHound AI, Inc. (Nasdaq: SOUN), a leader in voice and agentic AI, announced record financial results for the second quarter of 2026. The company achieved revenue of 61.9 million dollars, marking a 45 percent increase year-over-year. This performance was primarily fueled by the accelerating adoption of its OASYS platform and increased enterprise demand for its high-return AI solutions.

Management highlighted disciplined cost control alongside this rapid topline growth. SoundHound AI also confirmed it is raising its full-year 2026 revenue outlook to a range between 230 and 260 million dollars, reflecting strong confidence in its growth trajectory.

Financial Highlights

• Revenue: 61.9 million dollars, up 45 percent year-over-year.
• GAAP Gross Margin: 45.1 percent; Non-GAAP Gross Margin: 58.4 percent.
• GAAP Net Loss: 42.8 million dollars; Non-GAAP Net Loss: 9.0 million dollars.
• Adjusted EBITDA: Loss of 9.6 million dollars.

Business Highlights

• Healthcare: Secured a 7-figure deal with a major national healthcare system and expanded relationships with global biopharmaceutical leaders.
• Automotive: Signed a 7-figure deal with a Chinese infotainment provider and expanded partnerships with major brands, including new generative AI capabilities.
• Restaurants: Significant adoption of Smart Answering and Smart Ordering solutions across major Quick Service Restaurant chains.
• Partnerships: Entered a multi-year partnership in Latin America and secured a global IT services agreement to drive enterprise digital transformation.