Business
SoundHound AI Reports Record Q3 Revenue of $42 Million, Up 68%, Raises Full Year Outlook; $269 Million in Cash
The company extends presence within key vertical markets, forging new strategic partnerships that strengthen AI leadership through its Agentic+ framework
About this update from Soundhound Ai, Inc.
[{"type":"text","content":"The company extends presence within key vertical markets, forging new strategic partnerships that strengthen AI leadership through its Agentic+ framework\n SANTA CLARA, Calif., Nov. 06, 2025 (GLOBE NEWSWIRE) -- SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice and conversational AI, today reported its financial results for the third quarter 2025. “Enterprise AI adoption is booming globally, and SoundHound is strengthening its leading position with deployments in millions of end points across highly diversified industries and customers,’ said Keyvan Mohajer, CEO and Co-Founder of SoundHound AI. “We see enormous potential in the near and long-term horizon, and we’re positioning our business to take full advantage.” Third Quarter Financial Highlights Reported revenue was $42.0 million, an increase of 68% year-over-yearGAAP gross margin was 42.6%; non-GAAP gross margin was 59.3%GAAP net loss was ($109.3) million; non-GAAP net loss was ($13.0) millionAdjusted EBITDA was a loss of ($14.5) millionGAAP earnings per share was a loss of ($0.27); non-GAAP earnings per share was a loss of ($0.03)GAAP results include a loss 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. “Q3 was another strong mile marker on our journey to transform human-computer interfaces through natural language conversations and voice AI that makes technology more seamless and accessible,\" said Nitesh Sharan, CFO of SoundHound AI. \"We continue to deliver high growth with a diverse customer base, expanding product suite, and a balance sheet that enables us to stay on the offense.” Business Highlights Agentic AI: Amelia 7.3 update incorporates Speech-to-Meaning® to deliver industry-leading latency and even more natural voice experiences for customers. This further enhances the platform’s Agentic+ framework – a unique and flexible combination of generative AI, multi-agent autonomous orchestration, and deterministic models.Voice Commerce: In-vehicle monetization now includes restaurant reservations and parking payments alongside voice ordering, with global OEMs engaged to launch in 2026. Tech platform giants are also poised to deploy voice ordering capabilities to millions of...