SOUN on Nasdaq

SoundHound

Logo: James Herbert, CC BY-SA 4.0, via Wikimedia Commons4

American music and speech recognition company

SoundHound AI, Inc. (Nasdaq: SOUN) is an American music and speech recognition company based in Santa Clara, California.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 19, 2026.

Overview

$168.9MRevenue, fiscal 20255
-$14.0MNet income, fiscal 20255
Sep 2005Founded1

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  • TickerSOUN on Nasdaq1
  • Industrysoftware industry1
  • HeadquartersSanta Clara1
  • Websitewww.soundhound.com
  • Incorporated inDE6
  • Business address2093 Philadelphia Pike #1968, Claymont, De 197036
  • Filer categoryLarge accelerated filer6
  • Legal formCorporation
5400 Betsy Ross Drive
Photo: Coolcaesar, CC BY-SA 4.0, via Wikimedia Commons8

SoundHound AI, Inc. (Nasdaq: SOUN) is an American music and speech recognition company based in Santa Clara, California. It was originally founded as Melodis in 2005 before rebranding to SoundHound Inc. in 2010, and SoundHound AI in 2022.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-13.8%Operating margin5
-8.3%Net margin5
99.4%Revenue growth, 20255
-3.0%Return on equity5
-$99.1MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Service Subscriptions brought in 40% of the revenue SoundHound broke down this way in fiscal 2025.

  1. Service Subscriptions$133.5M540%up 137% from 2024
  2. Hosted Services$108.3M532%up 89% from 2024
  3. Licensing$45.1M513%up 157% from 2024
  4. Product Royalties$34.9M510%up 25% from 2024
  5. Professional Service$15.1M54%up 59% from 2024
  6. Monetization$460.0K50%up 20% from 2024
Products and services by year
Products and services202320242025
Service Subscriptions$1.9M$56.3M$133.5M
Hosted Services$18.4M$57.2M$108.3M
Licensing$18.6M$17.6M$45.1M
Product Royalties$43.3M$28.0M$34.9M
Professional Service$8.3M$9.5M$15.1M
Monetization$634.0K$382.0K$460.0K

Regions

United States brought in 64% of the revenue SoundHound broke down this way in fiscal 2025.

  1. United States$108.4M564%up 132% from 2024
  2. Other Countries$42.5M525%up 155% from 2024
  3. South Korea$10.3M56%down 16% from 2024
  4. France$7.3M54%down 17% from 2024
  5. DEMember$360.0K50%up 84% from 2024
Regions by year
Regions202320242025
United States$6.8M$46.8M$108.4M
Other Countries$6.1M$16.7M$42.5M
South Korea$23.0M$12.3M$10.3M
France$4.1M$8.8M$7.3M
DEMember$6.0M$196.0K$360.0K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue49¢$97.4M
  • Research and development49¢$98.2M
  • Income tax2¢$4.7M

Out of $168.9M in revenue.5 The company lost money this year.

Financial statements

Revenue9105$168.9M in 2025+697% since 2021
0$50.0M$100.0M$150.0M$200.0M2021: $21.2M$21.2M20212022: $31.1M$31.1M2022+47%2023: $45.9M$45.9M2023+47%2024: $84.7M$84.7M2024+85%2025: $168.9M$168.9M2025+99%
Operating income9105-$23.3M in 2025−64% since 2021
-$400.0M-$300.0M-$200.0M-$100.0M02021: -$65.3M-$65.3M20212022: -$105.7M-$105.7M2022+62%2023: -$68.6M-$68.6M2023−35%2024: -$341.4M-$341.4M2024+398%2025: -$23.3M-$23.3M2025−93%
Net income9105-$14.0M in 2025−82% since 2021
-$400.0M-$300.0M-$200.0M-$100.0M02021: -$79.5M-$79.5M20212022: -$116.7M-$116.7M2022+47%2023: -$88.9M-$88.9M2023−24%2024: -$350.7M-$350.7M2024+294%2025: -$14.0M-$14.0M2025−96%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
Revenues$168.9M$84.7M$45.9M
Cost of revenues$97.4M$43.3M$11.3M
Sales and marketing$61.6M$29.1M$18.9M
Research and development$98.2M$70.6M$51.4M
General and administrative$82.2M$53.3M$28.3M
Change in fair value of contingent acquisition liabilities-$163.1M$222.7M$0
Amortization of intangible assets$15.9M$7.1M$0
Restructuring$0$0$4.6M
Total operating expenses$192.2M$426.0M$114.5M
Loss from operations-$23.3M-$341.4M-$68.6M
Loss on early extinguishment of debt$0-$15.6M-$837.0K
Interest expense-$670.0K-$12.2M-$16.7M
Other income, net$14.7M$9.2M$1.2M
Total other income (expense), net$14.0M-$18.6M-$16.4M
Loss before provision (benefit) for income taxes-$9.3M-$359.9M-$85.0M
Provision (benefit) for income taxes$4.7M-$9.2M$3.9M
Net loss-$14.0M-$350.7M-$88.9M
Cumulative dividends attributable to Series A Preferred Stock$0-$416.0K-$2.8M
Net loss attributable to SoundHound common stockholders-$14.0M-$351.1M-$91.7M
Unrealized gains on investments-$65.0K$6.0K$199.0K
Comprehensive loss-$14.1M-$350.7M-$88.7M
Basic (in dollars per share)-$0.03-$1.04-$0.40
Diluted (in dollars per share)-$0.28-$1.04-$0.40
Basic (in shares)405.4M shares338.5M shares229.3M shares
Diluted (in shares)409.5M shares338.5M shares229.3M shares

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The story

The company was founded in 2005 as Melodis Corp by Keyvan Mohajer, Majid Emami, and James Hom. The company initially focused on music recognition as a competitor to the Shazam app.

In 2009, the company's music discovery app Midomi was rebranded as SoundHound but was still available as a web version on midomi.com until February 2025. The app grew from 2 million users in January 2010 to 100 million users in September 2012.

In 2010, the company formally rebranded from Melodis Corp. to SoundHound.

In 2015, Hyundai Motors began offering the SoundHound music recognition app in the infotainment systems of some Hyundai and Kia models.

In December 2015, SoundHound launched Houndify, a voice interface for other products and services.

In April 2022, coinciding with its listing on NASDAQ via a SPAC merger, the company rebranded from SoundHound to SoundHound AI.

In December 2023, SoundHound acquired SYNQ3 Restaurant Solutions, a provider of voice AI for restaurants, for $25 million.

In 2023–2024, SoundHound began providing voice AI phone ordering technology to various restaurant chains, starting with Jersey Mike's Subs and White Castle. The company's customer base also includes several other chain restaurants. In October 2024, SoundHound claimed their phone ordering technology had processed over 100 million interactions with restaurant customers.

Read the full text

In June 2024, SoundHound acquired Allset, a restaurant ordering marketplace founded out of Ukraine.

In August 2024, SoundHound acquired Amelia AI for $85 million.

In September 2025, it was announced that SoundHound had completed its acquisition of Interactions LLC, a company which also developed AI for the customer service market.

From Wikipedia’s article on SoundHound AI, shared under CC BY-SA 4.0.7

Leadership

Who has led SoundHound, and when. Pick a name to see everywhere that person has worked.

Chief operating officer

  1. Michael Zagorsek2022–now
2010201520202025
Board members and other officers (11)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorLarry Marcus named Jan 31, 202331

Former names

  • Archimedes Tech Spac Partners CoJan 15, 2021 to May 2, 20226

Timeline

  1. May 6, 2022New chief executive Keyvan Mohajer becomes CEO1
  2. Apr 28, 2022Went public Listed on NASDAQ1
  3. Mar 12, 2021New chief executive Stephen N. Cannon becomes CEO18
  4. Sep 2005Founded Founded1

Filings

578 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 56 major events, 250 insider forms, 23 large holders, 1 private raises, 227 other. The latest 20:

  1. Sep 21, 20264 PRIMARY DOCUMENT EDGAR
  2. Sep 17, 2026144 EDGAR
  3. Sep 17, 20264 PRIMARY DOCUMENT EDGAR
  4. Sep 17, 20264/A PRIMARY DOCUMENT EDGAR
  5. Sep 17, 20264/A PRIMARY DOCUMENT EDGAR
  6. Sep 17, 20264 PRIMARY DOCUMENT EDGAR
  7. Sep 17, 20264/A PRIMARY DOCUMENT EDGAR
  8. Sep 17, 20264 PRIMARY DOCUMENT EDGAR
  9. Sep 17, 20264/A PRIMARY DOCUMENT EDGAR
  10. Sep 17, 20264 PRIMARY DOCUMENT EDGAR
  11. Sep 17, 20264/A PRIMARY DOCUMENT EDGAR
  12. Sep 17, 20264/A PRIMARY DOCUMENT EDGAR
  13. Sep 17, 20264/A PRIMARY DOCUMENT EDGAR
  14. Sep 15, 2026144 EDGAR
  15. Sep 15, 2026144 EDGAR
  16. Sep 15, 2026144 EDGAR
  17. Sep 15, 2026144 EDGAR
  18. Sep 9, 20264 PRIMARY DOCUMENT EDGAR
  19. Sep 9, 20263 PRIMARY DOCUMENT EDGAR
  20. Sep 4, 20268-K CURRENT REPORT EDGAR

The 578 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

187 open-market trades by officers, directors and large owners since October 2021: 3 buys and 184 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 17, 2026SROKA DIANADirectorSale1,552$6.11$9.5KForm 4
Sep 15, 2026ZAGORSEK MICHAELChief Operating OfficerSale71,113$6.33$450.1KForm 4
Sep 15, 2026HOM JAMES MINGChief Product OfficerSale38,730$6.33$245.2KForm 4
Sep 15, 2026EMAMI MAJIDCSO & SVP, EngineeringSale38,730$6.33$245.2KForm 4
Sep 15, 2026MOHAJER KEYVANCEOSale137,290$6.33$869.0KForm 4
Aug 27, 2026SROKA DIANADirectorSale1,343$7.15$9.6KForm 4
Jun 15, 2026ZAGORSEK MICHAELChief Operating OfficerSale64,994$7.46$484.9KForm 4
Jun 15, 2026STONEHOCKER TIMOTHYChief Technology OfficerSale18,802$7.46$140.3KForm 4
Jun 15, 2026HOM JAMES MINGChief Product OfficerSale28,843$7.46$215.2KForm 4
Jun 15, 2026EMAMI MAJIDCSO & SVP, EngineeringSale28,843$7.46$215.2KForm 4
Jun 15, 2026MOHAJER KEYVANCEOSale126,540$7.46$944.0KForm 4
Mar 23, 2026SROKA DIANADirectorSale1,343$6.77$9.1KForm 4
Mar 20, 2026ZAGORSEK MICHAELChief Operating OfficerSale52,968$6.79$359.7KForm 4
Mar 20, 2026STONEHOCKER TIMOTHYChief Technology OfficerSale23,087$6.79$156.8KForm 4
Mar 20, 2026HOM JAMES MINGChief Product OfficerSale31,019$6.79$210.6KForm 4
Mar 20, 2026EMAMI MAJIDCSO & SVP, EngineeringSale31,019$6.79$210.6KForm 4
Mar 20, 2026MOHAJER KEYVANCEOSale124,510$6.79$845.4KForm 4
Mar 20, 2026SHARAN NITESHChief Financial OfficerSale44,027$6.79$298.9KForm 4
Jan 9, 2026STONEHOCKER TIMOTHYChief Technology OfficerSale29,676$12.00$356.1KForm 4
Dec 26, 2025EMAMI MAJIDCSO & SVP, EngineeringSale32,741$10.66$349.0KForm 4

All 187 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Jan 20, 2023Raised $25.1 million in a private offering of equity Form D: 25 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.33,984,088$219.9M0.0%+1,575,327
Vanguard Portfolio Management LLC25,882,174$167.5M0.0%+354,344
Vanguard Capital Management LLC18,060,812$116.9M0.0%+672,240
Geode Capital Management, LLC10,411,071$67.4M0.0%+800,176
State Street Corp10,048,444$65.0M0.0%+963,203
UBS Group AG7,269,268$47.0M0.0%−1,132,358
Bank Of America Corp /de/7,268,230$47.0M0.0%+1,385,458
Morgan Stanley6,485,149$42.0M0.0%−622,618
Charles Schwab Investment Management Inc3,547,623$23.0M0.0%+209,350
Northern Trust Corp3,439,694$22.3M0.0%+273,292
Vanguard Fiduciary Trust Co2,859,262$18.5M0.0%+165,209
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.2,756,221$17.8M0.0%+104,322
LPL Financial LLC1,937,307$12.5M0.0%+181,239
Citadel Advisors LLC1,373,112$8.9M0.0%+854,193
Susquehanna International Group, Llp1,256,556$8.1M0.0%+1,113,968
First Trust Advisors LP1,245,412$8.1M0.0%+129,928
Goldman Sachs Group Inc1,145,786$7.4M0.0%−3,985,092
Bank of New York Mellon Corp1,126,606$7.3M0.0%−91,997
National Bank Of Canada /fi/1,078,340$7.0M0.0%−33,760
SRS Investment Management, LLC1,019,072$6.6M0.1%New
Nuveen, LLC990,278$6.4M0.0%+10,196
Cantor Fitzgerald, L. P.826,668$5.3M0.1%+228,791
Swiss National Bank783,100$5.1M0.0%+16,000
Deutsche Bank Ag\779,029$5.0M0.0%+95,609
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC672,929$4.4M0.0%+30,174

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

2 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Dec 15, 2025Cleo FieldsDemocratic, HouseSale$1,001 - $15,000+68.8%Report
Jul 16, 2025Cleo FieldsDemocratic, HouseBuy$1,001 - $15,000−82.8%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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