Company Analysis

SoundHound AI, Inc (SOUN)

Nasdaq: SOUN · Services-Prepackaged Software · Claymont, DE · filing with the SEC since 2021
Grade5.7
◀ Past 3.6● Present 5.5▶ Future 7.1
2 est.

The grade of SoundHound AI, Inc

Nine metrics read from its own filings, by tense
Headline grade
5.7/10
◀ Past3.625% of the headline
● Present5.535% of the headline
▶ Future7.140% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.6/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.1/10

Has it survived what it has been through?

14 warning events since 2021; the latest 2025-03-04.

weight 22% of this tense · 11th percentile among 230 sector filers · read for itself

From the record

SoundHound AI, Inc's filings since 2021 show 14 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2021-08-30); a warning not to rely on past financial statements (8-K item 4.02, 2 times, the latest 2022-01-10); an auditor change (8-K item 4.01, 4 times, the latest 2023-09-13); a late-report notice (Form NT 10-K or NT 10-Q, 6 times, the latest 2025-03-04) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.4/10

What has it actually done, year after year?

+68% a year over 5 filed years; profitable in 0 of 5.

weight 45% of this tense · 64th percentile among 213 sector filers · read for its customers

From the record

SoundHound AI, Inc's 5 filed years say what it did: revenue went from $21 million in fiscal 2021 to $169 million in fiscal 2025, up 68% a year; it rose in 4 of 4 years; it never fell from a peak; net income was positive in 0 of 5 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span68.0%top 5% of its family
  • the share of years revenue rosetop 27% of its family
  • the share of filed years with a profitbottom 17% of its family
  • the deepest fall from a revenue peak0.0%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
1.5/10

How has it treated the people who own it?

SI estimate 1.5/10, confidence 35 of 100 (one part).

weight 33% of this tense · 15th percentile among 216 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 15% of 216 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 216 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: SoundHound AI, Inc's shareholder treatment is put at 1.5 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 15% of 216 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

5.5/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
3.8/10

Is it financially healthy right now?

ROE -3%: lost 3¢ per shareholder dollar. Leverage 33%: owes 33¢ per asset dollar.

weight 45% of this tense · 38th percentile among 217 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, SoundHound AI, Inc lost about 3 cents for every dollar of shareholders' money, and gross profitability: its products earned about 10 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 33 cents per dollar of assets, and net share issuance: its share count grew 21.0% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 31% of its family
  • return on equitybottom 47% of its family
  • gross profit against assetsbottom 11% of its family
  • the share count against the year beforebottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.7/10

How strong is its position in its industry?

top 43% of 218 in its family; net margin -8.3%.

weight 33% of this tense · 57th percentile among 218 sector filers · read for its customers

From the record

SoundHound AI, Inc's standing among 218 graded names in its industry family: revenue of $169 million in fiscal 2025 ranks in the bottom 33% by size; a net margin of -8.3% ranks in the bottom 41%; revenue growth of 75.7% a year over the last 3 filed years ranks in the top 3% (its annual reports).

What it rests on

  • revenue against the family$169Mbottom 33% of its family
  • net margin-8.3%bottom 41% of its family
  • three-year revenue growth75.7%top 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
8.6/10

What are the people in charge doing?

SI estimate 8.6/10, confidence 35 of 100 (one part).

weight 22% of this tense · 86th percentile among 167 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 14% of 167 in its family; the record of its people begins on 2022-05-06 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 4.5 years and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read
The record of its people begins on 2022-05-06 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 4.5 years and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
one part: officer and director changes on Form 8-K, against the people in charge, the one part on file, ranked among 167 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: SoundHound AI, Inc's leadership is put at 8.6 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 14% of 167 in its family; the record of its people begins on 2022-05-06 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 4.5 years and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

7.1/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.1/10

How much room does it have to grow?

top 49% of 216 in its family for room to expand.

weight 22% of this tense · 51st percentile among 216 sector filers · read for itself

From the record

SoundHound AI, Inc's room to grow, from the newest filed statements (fiscal 2025): cash of $249 million against no long-term debt tagged leaves 36.2% of its assets as net cash, top 18% of its family; cash from operations less capital spending is -58.7% of revenue (bottom 14%); a gross margin of 42.4% (bottom 18%); research spending of 58.2% of revenue (top 10%) (its annual report).

What it rests on

  • cash less debt against assets36.2%top 18% of its family
  • cash from operations less capital spending against revenue-58.7%bottom 14% of its family
  • gross margin42.4%bottom 18% of its family
  • research spending against revenue58.2%top 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.0/10

What could actually drive growth from here?

top 30% of 213 in its family for growth drivers.

weight 45% of this tense · 70th percentile among 213 sector filers · read for its customers

From the record

SoundHound AI, Inc's growth drivers, from the filed years to fiscal 2025: revenue grew 75.7% a year over the last three filed years against 68% over all 5, speeding up (top 4% of its family); the newest year grew 99.5% (top 5%); research spending grew 8.7% a year (top 47%); capital spending grew -12.1% a year (bottom 36%) (its annual reports). SoundHound AI, Inc reported 4 product lines in fiscal 2025: Hosted Services at $108 million (64%), Licensing at $45 million (27%), Professional Service at $15 million (9%), and 1 more; 4 of 4 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+7.7 points a yeartop 4% of its family
  • the newest year's revenue growth99.5%top 5% of its family
  • three-year growth of research spending8.7%top 47% of its family
  • three-year growth of capital spending-12.1%bottom 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
8.5/10

Did its newest year beat what its own record pointed to?

top 15% of 194 in its family for expectations against reality.

weight 33% of this tense · 85th percentile among 194 sector filers · read for its shareholders

From the record

SoundHound AI, Inc's newest year against its own record: revenue of $169 million in fiscal 2025 came in 21% above the $140 million its prior three years' pace pointed to (top 15% of its family); net income of $14 million against a prior three-year average of $185 million (top 27%); a net margin of -8.3% against losses larger than its revenue before (top 4%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace21.0%top 15% of its family
  • net income against the prior three years' average+92%top 27% of its family
  • net margin against its prior averageup more than 100 pointstop 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton SOUN · research, not advice