Soundthinking, Inc. · NASDAQ:SSTI
Soundthinking — Q1 2026 Earnings Presentation
7 slides from Soundthinking's earnings presentation, May 14, 2026
Slide 1: SoundThinking, Inc. Reports First Quarter 2026 Financial Results
SoundThinking, Inc. Reports First Quarter 2026 Financial Results Revenues Decreased 15% to $24.2 Million, as Q1 2025 included Revenue of Approximately $3.5 million From Renewal of Two Delayed Contracts with the New York City Police Department Company Reaffirms FY 2026 Revenue Guidance Range of $109.
Slide 2: First Quarter 2026 Financial Results
First Quarter 2026 Financial Results Revenues for the first quarter of 2026 were $24.2 million, compared to $28.3 million for the same quarter of 2025. The decrease in revenues was primarily due to approximately $3.5 million in catch-up revenue in 2025 from the renewal of two delayed contracts with
Slide 3: Non-GAAP Financial Measures and Key Business Metrics
https://ir.soundthinking.com/. Those wishing to participate via telephone may dial in at 1-877-407-8029 (USA) or 1-201- 689-8029 (International). The replay will be available via webcast through SoundThinking’s Investor Relations website. Non-GAAP Financial Measures and Key Business Metrics Adjusted
Slide 4: Reconciliation of GAAP net loss to Adjusted EBITDA
The following table presents a reconciliation of GAAP net loss, the most directly comparable GAAP measure, to Adjusted EBITDA for each of the periods indicated (in thousands): Three Months Ended March 31, 2026 2025 (Unaudited) GAAP net loss $ (7,005 ) $ (1,484 ) Less: Interest expense, net (24 ) 12
Slide 5: About SoundThinking, Inc.
About SoundThinking, Inc. SoundThinking, Inc. (Nasdaq: SSTI) is a leading public safety technology company that delivers AI - and data-driven solutions for law enforcement, civic leadership, and security professionals. SoundThinking is trusted by more than 300 customers and has worked with approxima
Slide 6: Condensed Consolidated Statements of Operations
SoundThinking, Inc. Condensed Consolidated Statements of Operations (In thousands, except share and per share data) (Unaudited) Three Months Ended March 31, 2026 2025 Revenues $ 24,178 $ 28,349 Costs Cost of revenues 12,483 11,718 Impairment of property and equipment 435 37 Total costs 12,918 11,755
Slide 7: Condensed Consolidated Balance Sheets
SoundThinking, Inc. Condensed Consolidated Balance Sheets (In thousands) (Unaudited) March 31, December 31, 2026 2025 Assets Current assets Cash and cash equivalents $ 14,242 $ 15,797 Accounts receivable and contract assets, net 21,852 28,570 Prepaid expenses and other current assets 4,138 4,225 Tot