5 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 68.0% per year over the past 4 years.
Operating margin has expanded, at -13.8% in the latest year.
Financial health
Operating income covered interest expense -34.7× in the latest year.
The company is unprofitable; at its current free-cash-flow burn it has roughly 2.5 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$169M
-$14006
42.4%
-13.8%
-$99M
—
$248M
2024
$85M
-$350681
48.9%
-403.0%
-$110M
$0
$198M
2023
$46M
-$88937
75.4%
-149.6%
-$69M
$84M
$95M
2022
$31M
-$116713
69.2%
-339.5%
-$95M
$35M
$9M
2021
$21M
-$80M
68.9%
-308.2%
-$67M
—
$22M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$44M
-$25M
31.1%
-51.3%
-$27M
—
$216M
Dec '25
$55M
$40M
47.9%
77.3%
-$22M
—
$248M
Sep '25
$42M
-$109M
42.6%
-275.6%
-$33M
—
$269M
Jun '25
$43M
-$75M
39.0%
-182.9%
-$25M
—
$230M
Mar '25
$29M
$130M
36.5%
439.8%
-$19M
—
$246M
Dec '24
$35M
-$259M
39.9%
-744.2%
-$33M
$0
$198M
Sep '24
$25M
-$22M
48.6%
-134.6%
-$36M
$40M
$136M
Jun '24
$13M
-$37M
63.0%
-163.3%
-$19M
$0
$200M
Mar '24
$12M
-$33M
59.7%
-246.1%
-$22M
$86M
$212M
Dec '23
$17M
-$18M
77.2%
-72.3%
-$14M
$84M
$95M
Sep '23
$13M
-$20M
72.9%
-109.5%
-$20M
$83M
$96M
Jun '23
$9M
-$23M
79.1%
-188.4%
-$20M
$66M
$116M
Mar '23
$7M
-$27M
70.5%
-375.8%
-$15M
—
$46M
Dec '22
$10M
-$31M
71.0%
-304.7%
-$21M
$35M
$9M
Sep '22
$11M
-$30M
76.9%
-242.0%
-$27M
—
$33M
Jun '22
$6M
-$31M
59.6%
-470.3%
-$32M
—
$65M
Mar '22
$4M
-$25M
58.7%
-482.9%
-$16M
—
$8M
Dec '21
$5M
-$22M
66.9%
-369.6%
-$15M
—
$22M
Sep '21
$4M
-$24M
58.9%
-426.3%
-$19M
—
$27M
Jun '21
—
-$15M
—
—
—
—
$46M
Valuation over time
How the market has priced SOUNW against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 4.2× (Mar '23) to 4.4× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is SOUNW growing its revenue and profit?
Over the past 4 years, SOUNDHOUND AI, INC.'s revenue has grown 68.0% per year. These are computed facts, not advice.
How much debt does SOUNW have?
As of FY2025, SOUNDHOUND AI, INC. reported — of total debt against $248M of cash; operating income covered interest expense -34.7×.
What is SOUNW's profit margin?
In FY2025, gross margin was 42.4%, operating margin -13.8%, and net margin -0.0%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.