SoundHound Gross Profit from 2010 to 2024

SOUNW Stock

USD 2.89 0.21 6.77%

SoundHound Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 17.8 M in 2024. Gross Profit is the profit SoundHound AI makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2010-12-31

Previous Quarter

34.6 M

Current Value

17.8 M

Quarterly Volatility

9.5 M

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Yuan Drop

Covid

Check SoundHound financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SoundHound's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.2 M, Selling General Administrative of 22.8 M or Selling And Marketing Expenses of 11.8 M, as well as many indicators such as Price To Sales Ratio of 20.86, Dividend Yield of 0.0 or PTB Ratio of 18.12. SoundHound financial statements analysis is a perfect complement when working with SoundHound Valuation or Volatility modules.

Check out the analysis of SoundHound Correlation against competitors.

Latest SoundHound's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of SoundHound AI over the last few years. Gross profit is a required income statement account that reflects total revenue of SoundHound AI minus its cost of goods sold. It is profit before SoundHound operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. SoundHound's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SoundHound's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 0

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

SoundHound Gross Profit Regression Statistics

	Arithmetic Mean	8,487,152
	Geometric Mean	5,530,620
	Coefficient Of Variation	111.79
	Mean Deviation	7,277,956
	Median	3,162,000
	Standard Deviation	9,487,911
	Sample Variance	90T
	Range	31.4M
	R-Value	0.74
	Mean Square Error	43.6T
	R-Squared	0.55
	Significance	0
	Slope	1,573,868
	Total Sum of Squares	1260.3T

SoundHound Gross Profit History

	2024	17.8 M
	2023	34.6 M
	2022	21.5 M
	2021	14.6 M
	2020	7.2 M

Other Fundumenentals of SoundHound AI

Gross Profit Margin

SoundHound Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Current Deferred Revenue	Long Term Debt	Net Invested Capital	Capital Stock	Net Working Capital	Short Term Debt	Short Long Term Debt
Total Assets		0.27	-0.19	-0.48	-0.52	0.78	-0.56	-0.03	0.82	0.55	0.54	-0.4	0.91	0.56	0.77	0.74	-0.27	-0.47
Total Stockholder Equity	0.27		-0.54	0.12	-0.95	0.43	-0.18	-0.94	0.29	-0.4	0.17	0.24	0.12	0.19	0.19	0.59	-0.73	-0.15
Net Debt	-0.19	-0.54		-0.55	0.62	-0.07	-0.1	0.53	-0.18	0.54	0.37	-0.76	0.19	0.34	0.1	-0.56	0.92	-0.42
Retained Earnings	-0.48	0.12	-0.55		-0.09	-0.73	0.8	-0.37	-0.65	-0.9	-0.95	0.95	-0.79	-0.94	-0.84	-0.35	-0.31	0.94
Accounts Payable	-0.52	-0.95	0.62	-0.09		-0.54	0.25	0.85	-0.46	0.27	-0.18	-0.21	-0.31	-0.22	-0.32	-0.72	0.76	0.14
Net Receivables	0.78	0.43	-0.07	-0.73	-0.54		-0.92	-0.11	0.96	0.54	0.83	-0.57	0.84	0.85	0.97	0.86	-0.28	-0.77
Short Term Investments	-0.56	-0.18	-0.1	0.8	0.25	-0.92		-0.15	-0.91	-0.59	-0.82	0.64	-0.71	-0.82	-0.95	-0.72	0.07	0.76
Total Liab	-0.03	-0.94	0.53	-0.37	0.85	-0.11	-0.15		0.04	0.61	0.09	-0.43	0.15	0.06	0.14	-0.32	0.68	-0.08
Total Current Assets	0.82	0.29	-0.18	-0.65	-0.46	0.96	-0.91	0.04		0.54	0.7	-0.47	0.82	0.72	0.95	0.89	-0.29	-0.61
Intangible Assets	0.55	-0.4	0.54	-0.9	0.27	0.54	-0.59	0.61	0.54		0.78	-0.88	0.8	0.78	0.71	0.22	0.39	-0.78
Common Stock	0.54	0.17	0.37	-0.95	-0.18	0.83	-0.82	0.09	0.7	0.78		-0.85	0.81	1.0	0.87	0.52	0.06	-0.99
Current Deferred Revenue	-0.4	0.24	-0.76	0.95	-0.21	-0.57	0.64	-0.43	-0.47	-0.88	-0.85		-0.74	-0.84	-0.71	-0.1	-0.56	0.86
Long Term Debt	0.91	0.12	0.19	-0.79	-0.31	0.84	-0.71	0.15	0.82	0.8	0.81	-0.74		0.82	0.9	0.61	0.02	-0.76
Net Invested Capital	0.56	0.19	0.34	-0.94	-0.22	0.85	-0.82	0.06	0.72	0.78	1.0	-0.84	0.82		0.87	0.55	0.02	-0.99
Capital Stock	0.77	0.19	0.1	-0.84	-0.32	0.97	-0.95	0.14	0.95	0.71	0.87	-0.71	0.9	0.87		0.75	-0.07	-0.8
Net Working Capital	0.74	0.59	-0.56	-0.35	-0.72	0.86	-0.72	-0.32	0.89	0.22	0.52	-0.1	0.61	0.55	0.75		-0.7	-0.44
Short Term Debt	-0.27	-0.73	0.92	-0.31	0.76	-0.28	0.07	0.68	-0.29	0.39	0.06	-0.56	0.02	0.02	-0.07	-0.7		-0.09
Short Long Term Debt	-0.47	-0.15	-0.42	0.94	0.14	-0.77	0.76	-0.08	-0.61	-0.78	-0.99	0.86	-0.76	-0.99	-0.8	-0.44	-0.09

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About SoundHound Financial Statements

SoundHound investors use historical fundamental indicators, such as SoundHound's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in SoundHound. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	34.6 M	17.8 M
Gross Profit Margin	0.75	0.50

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Additional Tools for SoundHound Stock Analysis

When running SoundHound's price analysis, check to measure SoundHound's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SoundHound is operating at the current time. Most of SoundHound's value examination focuses on studying past and present price action to predict the probability of SoundHound's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SoundHound's price. Additionally, you may evaluate how the addition of SoundHound to your portfolios can decrease your overall portfolio volatility.

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