Short answer
SOUNDHOUND AI, INC. (SOUN) filed its Q1 2026 10-Q quarterly report on May 11, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $44M (up 51.7% year over year) with net income of −$25M.
Q1 2026 key financials · XBRL
- Revenue
- $44M
- +51.7% YoY
- Net income
- −$25M
- −119.3% YoY
- Operating margin
- -51.3%
- EPS (diluted)
- −$0.11
- −135.5% YoY
Source: XBRL data from the SOUNDHOUND AI, INC. (SOUN) Q1 2026 10-Q on SEC EDGAR. USD.
SOUNDHOUND AI, INC. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $44.2M, up 52% YoY from $29.1M
- Cost of revenues $30.5M, up 65% YoY; gross margin 31.1% vs 36.5%
- Operating loss $22.7M vs operating income $128.1M YoY
- Net loss $25.0M vs net income $129.9M YoY
- Remaining performance obligations $64.7M; $40.1M expected within one year
Risk Factors
- No material changes to 10-K risk factors during quarter ended March 31, 2026
- LivePerson merger agreement dated April 21, 2026, creating transaction-execution and integration exposure
- Executive Rule 10b5-1 plans authorizing potential sales of up to 7,596,637 shares
- CEO plan covers up to 2,400,000 Class B and 1,083,222 Class A shares
- Carried-forward business, financial, liquidity, regulatory, competitive, and market risks remain applicable from the 2025 10-K
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other SOUNDHOUND AI, INC. quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.