SoundHound Historical Income Statement

SOUNW Stock

USD 6.96 0.21 2.93%

Historical analysis of SoundHound income statement accounts such as Gross Profit of 41.7 M, Other Operating Expenses of 107.7 M, Research Development of 63.6 M or Cost Of Revenue of 8.3 M can show how well SoundHound AI performed in making a profits. Evaluating SoundHound income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SoundHound's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining SoundHound AI latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SoundHound AI is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoundHound AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About SoundHound Income Statement Analysis

SoundHound AI Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SoundHound shareholders. The income statement also shows SoundHound investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

SoundHound Income Statement Chart

At this time, SoundHound's Total Revenue is fairly stable compared to the past year. Gross Profit is likely to climb to about 41.7 M in 2025, whereas Selling General Administrative is likely to drop slightly above 22.8 M in 2025.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit

Total Revenue

Total revenue comprises all receipts SoundHound AI generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from SoundHound's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SoundHound AI current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoundHound AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2022	2023	2024	2025 (projected)
Gross Profit	21.5M	34.6M	39.8M	41.7M
Total Revenue	31.1M	45.9M	52.8M	55.4M

Gross Profit Total Revenue

SoundHound income statement Correlations

	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Tax Provision	Net Interest Income	Interest Income	Interest Expense	Net Income From Continuing Ops	Reconciled Depreciation
Depreciation And Amortization		-0.59	-0.65	-0.59	-0.58	-0.5	0.07	-0.09	-0.14	0.06	-0.52	-0.49	0.18	0.22	0.23	-0.7	-0.7	0.38	-0.75	-0.58	0.47	0.77
Selling General Administrative	-0.59		0.99	0.88	0.88	0.98	-0.49	-0.43	0.73	-0.52	0.97	0.98	-0.78	-0.77	-0.82	0.91	0.98	-0.83	0.77	0.81	-0.89	-0.03
Selling And Marketing Expenses	-0.65	0.99		0.84	0.83	0.96	-0.51	-0.43	0.67	-0.53	0.94	0.96	-0.76	-0.7	-0.79	0.88	0.98	-0.77	0.75	0.76	-0.89	-0.12
Total Revenue	-0.59	0.88	0.84		1.0	0.88	-0.2	-0.15	0.66	-0.24	0.92	0.86	-0.63	-0.9	-0.68	0.98	0.88	-0.95	0.94	0.98	-0.78	-0.07
Gross Profit	-0.58	0.88	0.83	1.0		0.87	-0.19	-0.14	0.65	-0.23	0.92	0.86	-0.63	-0.91	-0.68	0.98	0.87	-0.96	0.94	0.99	-0.77	-0.06
Other Operating Expenses	-0.5	0.98	0.96	0.88	0.87		-0.58	-0.54	0.84	-0.61	0.95	1.0	-0.86	-0.79	-0.89	0.9	0.93	-0.83	0.72	0.79	-0.93	0.07
Operating Income	0.07	-0.49	-0.51	-0.2	-0.19	-0.58		0.98	-0.76	1.0	-0.32	-0.61	0.85	0.18	0.82	-0.26	-0.35	0.19	0.06	-0.03	0.75	-0.34
Ebit	-0.09	-0.43	-0.43	-0.15	-0.14	-0.54	0.98		-0.77	0.99	-0.29	-0.57	0.85	0.21	0.82	-0.2	-0.27	0.16	0.14	0.02	0.7	-0.45
Research Development	-0.14	0.73	0.67	0.66	0.65	0.84	-0.76	-0.77		-0.79	0.66	0.85	-0.93	-0.66	-0.93	0.66	0.58	-0.64	0.39	0.53	-0.85	0.38
Ebitda	0.06	-0.52	-0.53	-0.24	-0.23	-0.61	1.0	0.99	-0.79		-0.37	-0.64	0.88	0.24	0.85	-0.3	-0.38	0.22	0.02	-0.07	0.77	-0.33
Cost Of Revenue	-0.52	0.97	0.94	0.92	0.92	0.95	-0.32	-0.29	0.66	-0.37		0.93	-0.71	-0.88	-0.75	0.92	0.96	-0.89	0.83	0.88	-0.81	-0.02
Total Operating Expenses	-0.49	0.98	0.96	0.86	0.86	1.0	-0.61	-0.57	0.85	-0.64	0.93		-0.88	-0.78	-0.9	0.89	0.91	-0.81	0.7	0.77	-0.94	0.08
Income Before Tax	0.18	-0.78	-0.76	-0.63	-0.63	-0.86	0.85	0.85	-0.93	0.88	-0.71	-0.88		0.66	1.0	-0.65	-0.66	0.65	-0.37	-0.5	0.94	-0.38
Total Other Income Expense Net	0.22	-0.77	-0.7	-0.9	-0.91	-0.79	0.18	0.21	-0.66	0.24	-0.88	-0.78	0.66		0.7	-0.84	-0.74	0.95	-0.76	-0.89	0.69	-0.25
Net Income	0.23	-0.82	-0.79	-0.68	-0.68	-0.89	0.82	0.82	-0.93	0.85	-0.75	-0.9	1.0	0.7		-0.7	-0.7	0.69	-0.43	-0.56	0.96	-0.34
Income Tax Expense	-0.7	0.91	0.88	0.98	0.98	0.9	-0.26	-0.2	0.66	-0.3	0.92	0.89	-0.65	-0.84	-0.7		0.91	-0.9	0.94	0.95	-0.81	-0.19
Tax Provision	-0.7	0.98	0.98	0.88	0.87	0.93	-0.35	-0.27	0.58	-0.38	0.96	0.91	-0.66	-0.74	-0.7	0.91		-0.8	0.83	0.83	-0.82	-0.21
Net Interest Income	0.38	-0.83	-0.77	-0.95	-0.96	-0.83	0.19	0.16	-0.64	0.22	-0.89	-0.81	0.65	0.95	0.69	-0.9	-0.8		-0.85	-0.95	0.75	-0.19
Interest Income	-0.75	0.77	0.75	0.94	0.94	0.72	0.06	0.14	0.39	0.02	0.83	0.7	-0.37	-0.76	-0.43	0.94	0.83	-0.85		0.96	-0.59	-0.36
Interest Expense	-0.58	0.81	0.76	0.98	0.99	0.79	-0.03	0.02	0.53	-0.07	0.88	0.77	-0.5	-0.89	-0.56	0.95	0.83	-0.95	0.96		-0.67	-0.09
Net Income From Continuing Ops	0.47	-0.89	-0.89	-0.78	-0.77	-0.93	0.75	0.7	-0.85	0.77	-0.81	-0.94	0.94	0.69	0.96	-0.81	-0.82	0.75	-0.59	-0.67		-0.15
Reconciled Depreciation	0.77	-0.03	-0.12	-0.07	-0.06	0.07	-0.34	-0.45	0.38	-0.33	-0.02	0.08	-0.38	-0.25	-0.34	-0.19	-0.21	-0.19	-0.36	-0.09	-0.15

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SoundHound Account Relationship Matchups

SoundHound income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	6.0M	9.1M	4.0M	2.3M	2.1M	2.0M
Selling General Administrative	14.1M	16.5M	30.2M	28.3M	32.5M	22.8M
Selling And Marketing Expenses	4.7M	4.2M	20.4M	18.9M	21.7M	11.8M
Total Revenue	13.0M	21.2M	31.1M	45.9M	52.8M	55.4M
Gross Profit	7.2M	14.6M	21.5M	34.6M	39.8M	41.7M
Other Operating Expenses	79.0M	86.5M	136.5M	114.5M	131.7M	107.7M
Operating Income	(66.0M)	(65.3M)	(105.4M)	(68.6M)	(61.7M)	(64.8M)
Ebit	(71.4M)	(70.7M)	(106.9M)	(67.5M)	(60.7M)	(63.7M)
Research Development	54.3M	59.2M	76.4M	51.4M	59.2M	63.6M
Ebitda	(65.4M)	(61.7M)	(102.9M)	(65.1M)	(58.6M)	(61.6M)
Cost Of Revenue	5.9M	6.6M	9.6M	11.3M	13.0M	8.3M
Total Operating Expenses	73.2M	79.9M	126.9M	103.2M	118.7M	99.3M
Income Before Tax	(73.7M)	(79.1M)	(112.5M)	(85.0M)	(76.5M)	(80.3M)
Total Other Income Expense Net	(7.7M)	(13.8M)	(8.2M)	(16.4M)	(14.8M)	(14.0M)
Net Income	(74.4M)	(79.5M)	(115.4M)	(88.9M)	(80.0M)	(84.0M)
Income Tax Expense	738K	456K	2.9M	3.9M	4.5M	4.7M

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SoundHound Historical Income Statement

About SoundHound Income Statement Analysis

SoundHound Income Statement Chart

Total Revenue

Gross Profit

SoundHound income statement Correlations

SoundHound Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SoundHound income statement Accounts

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Gross Profit	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Other Operating Expenses
Ebitda	+ 1.0	Operating Income
Net Income	+ 1.0	Income Before Tax
Selling And Marketing Expenses	+ 0.99	Selling General Administrative
Interest Expense	+ 0.99	Gross Profit

Net Interest Income	- 0.96	Gross Profit
Interest Expense	- 0.95	Net Interest Income
Net Interest Income	- 0.95	Total Revenue
Net Income From Continuing Ops	- 0.94	Total Operating Expenses
Net Income	- 0.93	Research Development
Income Before Tax	- 0.93	Research Development