Quarterly ResultAug 5, 2026, 04:33 PM
SoundHound AI Q2 Revenue $61.9M, Up 45%; Raises FY Outlook
AI Summary
SoundHound AI reported record second-quarter 2026 revenue of $61.9 million, marking a 45% year-over-year increase, driven by significant enterprise AI adoption through its OASYS platform. The company demonstrated improved profitability metrics, with GAAP net loss narrowing to $(42.8) million and non-GAAP net loss to $(9.0) million. Based on this strong performance and new major deals, SoundHound AI raised its full-year 2026 revenue outlook to between $230 million and $260 million.
Key Highlights
- Q2 2026 revenue was $61.9 million, an increase of 45.0% year-over-year.
- Q2 2026 GAAP net loss was $(42.8) million, improving from $(74.7) million in Q2 2025.
- Q2 2026 non-GAAP net loss was $(9.0) million, improving from $(11.9) million in Q2 2025.
- Q2 2026 adjusted EBITDA was a loss of $(9.6) million, improving from $(14.3) million in Q2 2025.
- Cash and cash equivalents totaled $203 million as of June 30, 2026, with no debt.
- Full-year 2026 revenue outlook raised to a range of $230 million to $260 million.
- Signed a 7-figure deal with a nationally ranked healthcare system and a 7-figure automotive deal.
- Secured an initial 8-figure multi-year partnership in Latin America for channel expansion.
Price Impact
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