Short answer
SOUNDTHINKING, INC. (SSTI) filed its Q3 2025 10-Q quarterly report on Nov 13, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $25M (down 4.4% year over year) with net income of −$2M.
Q3 2025 key financials · XBRL
- Revenue
- $25M
- −4.4% YoY · −3.0% QoQ
- Net income
- −$2M
- −41.9% YoY · +34.5% QoQ
- Operating margin
- -8.2%
- Gross margin
- 54.3%
- EPS (diluted)
- −$0.16
- −45.5% YoY · +33.3% QoQ
Source: XBRL data from the SOUNDTHINKING, INC. (SSTI) Q3 2025 10-Q on SEC EDGAR. USD.
SOUNDTHINKING, INC. Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Risk Factors
- New risk: Impact of City of Chicago contract non-renewal (Nov 2024) increasing City of New York revenue concentration from 25% to 30% for nine months ended Sep 30, 2025
- Updated risk: Increased operating losses $6.6M (9 months 2025) vs $9.2M full year 2024 due to inflation, tariffs, AI investments, and sales expansion costs
- Regulatory risk: Requirement for SOC2 Type 2 audit, CJIS and HIPAA compliance affecting reputation, sales, and market availability; SOC2 Type 2 audit completed Q4 2024
- Market risk: Prolonged government sales cycles up to nine months, including new formal RFP process in Puerto Rico delaying contract renewals
- Financial risk: Dependence on government funding subject to political changes, budget cuts, tariffs, inflation, rising interest rates, and banking disruptions impacting liquidity and sales
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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