AI Earnings Predictions for SoundHound AI Inc. Warrant (SOUNW)

EX-99.1

2 soun-20260806ex991earnings.htm

EX-99.1

Document

SoundHound AI Reports Record Q2 and All Time High Revenue of $61.9 million, Up 45%, Raises Full Year Outlook

Delivers strong growth with OASYS driving significant enterprise AI adoption; improves all key profitability metrics

SANTA CLARA, Calif.--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice and agentic AI, today reported its financial results for the second quarter 2026.

"Our exceptional Q2 results demonstrate the momentum SoundHound is building, achieving a strong revenue performance, disciplined cost management, and industry-leading platform validation,” said Keyvan Mohajer, CEO and Co-Founder of SoundHound AI. “With our Q2 revenue now 10 times what it was when we debuted as a public company in Q2 2022, and enterprise demand for high-ROI voice and agentic AI accelerating globally, our OASYS platform and in-house model innovations position us to lead in the new era of enterprise automation."

Financial Highlights

•Second quarter reported revenue was $61.9 million, an increase of 45.0% year-over-year.

•Second quarter GAAP gross margin was 45.1%; non-GAAP gross margin was 58.4%.

•Second quarter GAAP net loss was $(42.8) million; non-GAAP net loss was $(9.0) million.

•Second quarter adjusted EBITDA was a loss of $(9.6) million.

•Second quarter GAAP earnings per share was a loss of $(0.10); non-GAAP earnings per share was a loss of $(0.02).

“Our strong topline growth this quarter was driven by signing major enterprise AI deals attributed to OASYS. We also significantly improved our bottom line year-over-year," said James Hom, Interim CFO and Co-founder of SoundHound AI. "We are excited by the strong interest we are already seeing with OASYS which is a testament to the category-defining technology we continue to deliver to the market. Our investment in innovation, combined with our cost discipline, is key as we drive our business toward achieving profitable growth."

Business Highlights

Healthcare and Pharmaceuticals

•Signed a 7-figure deal with a nationally ranked healthcare system with 30,000 employees throughout its hospitals, health parks, and medical offices

•Won Champion Payer Solutions, a California based company that provides all aspects of managed care management services to client physician groups

•Won new business with an existing U.S. healthcare customer that provides technology, pharmacy care, and direct healthcare services globally

•Won new business with existing customer that provides practice management and electronic health record solutions, customized for the eye care industry

•Renewed with:

◦A leading in-home nursing services, pediatric therapy, enteral nutrition, and ABA therapy healthcare company

◦A rehab facility offering nursing care for short-term rehab, respite care, and long-term care services

◦A global biopharmaceutical leader and one of the world’s largest generic drug manufacturers

Banking, Financial Services, and Insurance:

Renewed with:

•Rakuten Securities, one of Japan’s largest online brokerages, serving over 6 million accounts.

•A global asset-management firm providing investment-management and research services to investors worldwide

•One of the largest American multinational banks offering financial services and investment banking

•A major international financial services organization headquartered in Canada offering life and health insurance, wealth solutions, and asset management

•An insurance company that offers individuals, professionals and businesses casualty insurance products

Telecommunications:

•Renewed with a British multinational telecommunications company operating in 15 countries

Auto, Devices, and Voice Commerce:

•Signed a 7-figure deal with a major automotive infotainment software company in China

•Won a new deal with a global developer of automotive diagnostic scan tools, ADAS calibration systems, and shop maintenance equipment

•Stellantis increased overall unit adoption and expanded to add SoundHound’s live generative AI capabilities

•Hyundai expanded unit adoption of live generative AI capabilities

•Multinational electronics manufacturer agreed to deploy SoundHound’s technology to enable agentic transactions directly from their TVs

•Signed a new world-renowned automotive brand to rollout direct in-car Voice Commerce transactions

Restaurants, Retail, and Consumer Goods:

•Signed new deals with:

•A large QSR specializing in seafood to adopt SoundHound’s drive-thru ordering solution

•Ruby Tuesday signed on to use both Smart Answering and Smart Ordering solutions

•A major QSR known for American-style Mexican food

•A sushi restaurant known for its music and concert-themed menus

•Continued expansion with key brands: Five Guys, IHOP, Jersey Mike’s, and a prominent pizza brand that now has SoundHound technology live in more than 75% of their total locations.

•Signed renewals with Habit Burger, Red Lobster, and Torchy’s Tacos. Lazy Dog also renewed and

EX-99.1

2 soun-20260507ex991earnings.htm

EX-99.1

Document

SoundHound AI Reports Record Q1 Revenue of $44.2 million, Up 52%

Launches OASYS as the gold standard agentic platform to revolutionize the way businesses interact with customers across every channel and touchpoint

SANTA CLARA, Calif.--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice and agentic AI, today reported its financial results for the first quarter 2026.

“SoundHound started the year strong with our top line growing 52%. Excluding the impact of all acquisitions, revenue was up 88% in our core automotive and IoT AI vertical, highlighting incredible demand across all pillars of our business,” said Keyvan Mohajer, CEO and Co-founder of SoundHound AI. “Our launch of OASYS and our planned acquisition of LivePerson will bring the world’s first self-learning agentic AI platform to one of the most robust enterprise footprints in the entire conversational AI sector.”

Financial Highlights

•First quarter reported revenue was $44.2 million, an increase of 52% year-over-year

•First quarter GAAP gross margin was 31.1%; non-GAAP gross margin was 49.7%

•First quarter GAAP net loss was $(25.0) million; non-GAAP net loss was $(26.6) million

•First quarter adjusted EBITDA was a loss of $(26.7) million

•First quarter GAAP earnings per share was a loss of $(0.06); non-GAAP earnings per share was a loss of $(0.06)

•First quarter expenses included certain non recurring charges such as true up costs from vendors that also impacted both GAAP and non-GAAP gross margin

•GAAP results include a gain from the calculated fair value of contingent acquisition liabilities where future earnout shares are marked-to-market on a quarterly basis based on the company’s stock price. Non-GAAP measures exclude this non-operating/non-cash impact.

“We had a strong start to the year, delivering undeniable value for our end customers across multiple channels and a growing number of industries," said James Hom, CFO and Co-founder of SoundHound AI. "Our rapid innovation positions us for scale while setting us up for massive cost benefits in future years. We are exiting the quarter with a strong balance sheet and are poised to achieve robust growth for the rest of the year."

Business Highlights

•SoundHound AI Signs Agreement To Acquire LivePerson

◦Acquisition will combine SoundHound’s strengths in voice and agentic AI with LivePerson’s digital messaging services

◦Combined company expects a $500M revenue opportunity, accelerated path to profitability, strong balance sheet, and no debt

◦Results in one of the most comprehensive enterprise customer footprints in the conversational AI sector, including 25 of the Fortune 100

◦2027 revenue range expected to be, at minimum, $350M-$400M, with at least $100M of growable contribution from LivePerson's long-tenured customers

◦Expected to close in the second half of 2026, subject to customary regulatory approvals and closing conditions

•Launches OASYS

◦Launched the world’s first self-learning orchestrated agentic AI platform, where AI builds AI

◦OASYS allows businesses to do in minutes what once took months by managing the entire agentic AI lifecycle: automatically creating, orchestrating, evaluating, and improving agents over time

◦The technology marks a fundamental shift in the role of AI from something that must be continuously built and maintained, to a system that actively evolves based on real-world usage

•Auto, Devices & Voice Commerce:

◦Multiple TV and auto OEMs integrating SoundHound's Voice Commerce

◦Signed a new 7-figure commitment with prominent Japanese manufacturer to deploy SoundHound’s voice assistant across vehicles globally

◦Multinational OEM signed expansion in South America

◦Signed agreement to integrate SoundHound’s voice AI across Walmart’s TV brand, ONN

•Restaurants, Retail & Consumer Goods:

◦Major QSR seeing growing ROI with positive results from SoundHound’s drive thru technology - with AI-enabled locations generating more revenue than those not deploying the technology

◦Increased cross-sell wins among restaurant solutions, and a strong uptick in the adoption of SoundHound’s Voice Insights product

◦Deployed AI solutions with major global fitness apparel brands, representing the majority of the market share in that category

◦Signed deals with:

▪A national residential and commercial service company specializing in eco-friendly indoor air quality, with over 200 franchise locations

▪A 450 location water survival and swim school.

▪Multiple boutique fitness chains, with a total opportunity of 900+ locations

•Banking, Financial Services & Insurance:

◦Expanded services with:

▪One the world’s largest banks that serves millions of customers, clients and communities in over 100 global markets

▪A New York based global financial services platforms company

▪An American multinational financial services corporation headquartered in Denver, Colorado

▪A multinational conglomerate corporation

EX-99.1

2 soun-20260226ex991earnings.htm

EX-99.1

Document

SoundHound AI Reports Record Annual Revenue of $169 Million, Up Nearly 100%, Forecasts Strong Growth

Closed record number of enterprise deals in Q4; Extends lead as the agentic AI partner of choice for businesses amid disruption of legacy software and services.

SANTA CLARA, Calif.--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice and conversational AI, today reported its financial results for the fourth quarter and full year 2025.

“As traditional software faces massive AI disruption, businesses are looking to partner with AI natives that can help them achieve success in a new era. This is creating strong tailwinds for SoundHound,” said Keyvan Mohajer, CEO and Co-Founder of SoundHound AI. “Our results speak for themselves. All key profit metrics were up and in the last quarter we closed a record number of customer deals as we capitalized on the surge in demand for enterprise-grade AI.”

Financial Highlights

•Fourth quarter reported revenue was $55.1 million, an increase of 59% year-over-year

•Fourth quarter GAAP gross margin was 47.9%; non-GAAP gross margin was 60.5%

•Fourth quarter GAAP net income was $40.1 million; non-GAAP net loss was ($7.3) million

•Fourth quarter adjusted EBITDA was a loss of ($7.4) million

•Fourth quarter GAAP earnings per share was $0.10; non-GAAP earnings per share was a loss of ($0.02)

•Full year reported revenue was $168.9 million, an increase of 99% year-over-year

•Full year GAAP gross margin was 42.4%; non-GAAP gross margin was 58.0%

•Full year GAAP net loss was ($14.0) million; non-GAAP net loss was ($53.9) million.

•Full year adjusted EBITDA was a loss of ($58.4) million

•Full year GAAP earnings per share was a loss of ($0.03); non-GAAP earnings per share was a loss of ($0.13)

•GAAP results include a gain from the calculated fair value of contingent acquisition liabilities where future earnout shares are marked-to-market on a quarterly basis based on the company’s stock price. Non-GAAP measures exclude this non-operating/non-cash impact.

“The tremendous pace of change in our industry is creating a force multiplier for our voice AI innovation and agentic AI solutions," said Nitesh Sharan, CFO of SoundHound AI. "This traction was demonstrated once again in our Q4 results, with broad-based customer adoption, time to value acceleration and deepening market differentiation."

Fourth Quarter Business Highlights

•Automotive:

◦Signed a new prominent OEM in Japan with a seven-digit unit commitment

◦Closed a deal with a new Korean OEM with a global footprint

◦An iconic Italian manufacturer of high-performance sports cars chose SoundHound to displace their incumbent native voice assistant

◦Expanded reach with additional OEMs, including a Chinese and Vietnamese manufacturer

◦Expanded with Stellantis brands across Europe, Asia, and Latin America to include live generative AI capabilities for real time responses

◦Signed Ultraviolette, an electric 2-wheeler vehicle company based in India

◦Expanded further with Iveco to offer SoundHound’s voice assistant to its wide range of vehicles

◦One of the largest American automobile manufacturers signed a multi-year renewal for SoundHound’s enterprise AI solutions

•Voice Commerce:

◦Confirmed first major global automaker to roll out voice commerce

◦Advancing at different stages of development with four additional car brands

◦A global smart TV manufacturer signed up to become the first to enable on-screen voice ordering

◦Parkopedia and OpenTable joined growing voice commerce ecosystem, adding to dozens of merchants and thousands of locations

◦Expanded capabilities to allow event, ticket, and travel bookings, including flights and accommodation reservations

•Restaurants:

◦A number of top 25 restaurant chains chose Soundhound’s Voice Insights to optimize drive thru performance

◦Expanded with Panda Express to deliver the company’s solution to more drive-thru locations

◦Renewed with Casey’s General Stores, a convenience store chain and the fifth-largest pizza retailer in the US, with a multi-year agreement

◦Signed up additional franchise locations with IHOP, an American multinational pancake house restaurant chain that specializes in American breakfast foods with over 1,800 locations

◦Signed up additional franchise locations with Jersey Mike’s, an American multinational sandwich chain with over 3,500 locations

•Retail and Consumer Goods:

◦One of the world's largest supplier of athletic footwear and apparel renewed its corporate contract for multiple years to use SoundHound’s AI customer service, and expanded services into various European countries including Poland, Turkey, Greece, and Portugal

◦One of the fastest growing global health clubs in the United States and a multi-hundred unit personal care company chose the SoundHound’s outbound AI solution for customer retention campaigns

◦A nonprofit with over 2,500 fitness locations and a nonprofit or