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SOUNDTHINKING, INC. (SSTI) filed an 8-K current report with the SEC on August 13, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q2 2026 results for quarter ended June 30, 2026.
SOUNDTHINKING, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q2 2026 results for quarter ended June 30, 2026
- Press release issued August 13, 2026 and furnished as Exhibit 99.1
- Investors should review Exhibit 99.1 for financial results and management commentary
Item EX-99.1 · Exhibit EX-99.1
- Q2 revenue fell 8% to $23.9M, with $2.2M from delayed or non-renewed contracts, signaling customer-retention and procurement pressure
- Gross margin declined to 48% from 53%; Adjusted EBITDA margin dropped to 5% from 13%, materially weakening operating leverage
- FY 2026 revenue guidance cut to $99.0M-$100.0M from $109.0M-$111.0M, an approximately 9%-11% reduction
- FY 2026 Adjusted EBITDA margin guidance reduced to 8%-9% from 16%-18%, highlighting substantially lower profitability expectations
- Cash declined to $6.4M with $4.0M debt; approximately $36.0M credit availability and planned $4M annualized savings support liquidity near term
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