Short answer
SOUNDTHINKING, INC. (SSTI) filed its Q1 2026 10-Q quarterly report on May 15, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $24M (down 14.7% year over year) with net income of −$7M.
Q1 2026 key financials · XBRL
- Revenue
- $24M
- −14.7% YoY
- Net income
- −$7M
- −372.0% YoY
- Operating margin
- -28.4%
- Gross margin
- 46.6%
- EPS (diluted)
- −$0.54
- −350.0% YoY
Source: XBRL data from the SOUNDTHINKING, INC. (SSTI) Q1 2026 10-Q on SEC EDGAR. USD.
SOUNDTHINKING, INC. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $24.2M, down 15% YoY from $28.3M; ShotSpotter 67% vs 58% of total revenue
- Net loss $7.0M vs $1.5M YoY; restructuring expense $0.5M from reduction in force
- Worst metric: net new go-live cities and universities (6) vs 4 YoY
- U.S. revenue $23.4M vs $27.6M YoY; 97% of total revenue both periods
- Near-term headwinds: customer budget shortfalls, lengthy government sales cycles, delayed contract approvals
Risk Factors
- No material changes to 2025 Form 10-K risk factors
- Carried-forward risks unchanged from the December 31, 2025 filing
- No new regulatory, legal, or compliance risk identified this quarter
- No new operational, competitive, market, liquidity, debt, currency, or concentration risk disclosed
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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