Quarterly ResultAug 10, 2026, 04:15 PM
SoundHound Q2 Revenue +45% to $61.9M; Net Loss $(42.8)M; LivePerson Merger
AI Summary
SoundHound AI, Inc. reported a significant increase in revenue for the second quarter and first half of 2026, with Q2 revenue rising 45% to $61.9 million. Despite this growth, the company recorded a net loss of $(42.8) million for Q2 2026 and $(67.8) million for the first six months. The company also announced entering a Merger Agreement to acquire LivePerson in April 2026, a key strategic move. Cash and cash equivalents decreased to $202.8 million as of June 30, 2026.
Key Highlights
- Entered Merger Agreement to acquire LivePerson on April 21, 2026.
- Q2 2026 revenue increased 45% to $61.9 million from $42.7 million in Q2 2025.
- Six-month 2026 revenue grew 47.7% to $106.1 million from $71.8 million in H1 2025.
- Q2 2026 net loss was $(42.8) million, an improvement from $(74.7) million in Q2 2025.
- Six-month 2026 net loss was $(67.8) million, compared to net income of $55.2 million in H1 2025.
- Basic EPS for Q2 2026 was $(0.10), improving from $(0.19) in Q2 2025.
- Cash and cash equivalents were $202.8 million as of June 30, 2026.
- Net cash used in operating activities for H1 2026 was $(59.9) million.
Price Impact
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