$SOUN · SOUNDHOUND AI, INC.
SoundHound AI filed its Q3 FY2026 10-Q. Revenue grew 48% YoY to $62.4M for the quarter and $168.5M for nine months. Net loss narrowed to $45.8M from $109.3M a year earlier, helped by a $23.98M favorable swing in contingent acquisition liability fair value. The balance sheet shows $207.6M cash and total stockholders' equity of $806.3M, up from $463.8M at year-end, reflecting the LivePerson acquisition and equity issuances.
- Q3 revenue $62.4M, up 48% YoY from $42.0M.
- Net loss narrowed 58% to $45.8M from $109.3M.
- Nine-month revenue $168.5M, up 48% from $113.9M.
- Cash and equivalents $207.6M at Sept 30, 2026, down from $248.5M at year-end.
- Goodwill jumped to $261.8M from $122.3M on the LivePerson acquisition.
Extended-hours last trade $4.06, up 0.25% vs regular close and 0.50% vs filing price, a muted reaction to the narrowed loss and strong revenue growth.
SoundHound's accelerating revenue and sharply narrower loss show improving operating leverage, but the LivePerson acquisition adds integration and dilution risk.
Voice AI peers are scaling revenue rapidly while still posting losses; SoundHound's 48% growth and LivePerson integration reflect the sector's acquisition-driven expansion.
Integration risk from the LivePerson acquisition and ability to realize expected benefits; reliance on additional capital and equity financing; uncertainty around bookings backlog conversion to revenue.