SoundHound AI reports Q3 revenue up 48.5% to $62.4 million

Nov 5, 2026
SoundHound AI reported third quarter revenue of $62.4 million, up 48.5% year over year, and expects sustained positive adjusted EBITDA in the second half of 2027.

SoundHound AI reported in a press release third-quarter revenue of $62.4 million, up 48.5% year-over-year. Its GAAP net loss was $46.4 million, while its adjusted EBITDA loss was $20.7 million.

GAAP gross margin was 34.1%, and non-GAAP gross margin was 50.3%. SoundHound held $207.6 million in cash and cash equivalents at the end of September, with $3.8 million in short-term debt assumed through its acquisition of LivePerson.

SoundHound expects 2026 revenue of $250 million to $260 million and 2027 revenue of $350 million to $400 million. It expects sustained positive adjusted EBITDA during the second half of 2027. The company identified $120 million in annual cost savings, with more than $80 million in actions scheduled to take effect before January 1, 2027.

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