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SoundHound AI (SOUN) investor relations material
SoundHound AI Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record Q3 2025 revenue of $42 million, up 68% year-over-year, with year-to-date revenue of $114 million, driven by acquisitions, service subscriptions, and product royalties across diversified industries.
Raised full-year 2025 revenue outlook to $165–$180 million, reflecting confidence in continued enterprise AI adoption and expected Q4 adjusted EBITDA profitability at the high end.
Completed major acquisitions, including Interactions, Amelia, and SYNQ3, expanding market reach, product offerings, and workflow orchestration capabilities.
Expanded customer base and presence in key verticals through strategic partnerships, product innovations, and launches such as the Polaris foundation model and Agentic+ framework.
Net loss for Q3 2025 was $109.3 million, primarily due to a $66 million non-cash loss from contingent acquisition liabilities.
Financial highlights
Q3 2025 revenue: $42 million (+68% YoY); year-to-date revenue: $114 million (+127% YoY).
GAAP gross margin was 42.6%–43%; non-GAAP gross margin was 59%–59.3%.
Adjusted EBITDA loss was $14.5 million; non-GAAP net loss was $13 million ($0.03 per share); GAAP net loss was $109.3 million ($0.27 per share).
Operating expenses for Q3 2025 were $157.9 million, with R&D at $22.8 million, sales and marketing at $16.4 million, and G&A at $24.3 million, including $5 million in one-time M&A costs.
Cash and cash equivalents at quarter-end were $269 million, with no debt.
Outlook and guidance
Full-year 2025 revenue expected at $165–$180 million, with Q4 anticipated to be adjusted EBITDA profitable at the high end.
Management expects to fund operations for at least the next twelve months with current cash and equity programs.
Additional $20 million in annual run-rate acquisition cost synergies expected in 2026, with early 2026 targeting continued high growth and near break-even profitability.
Revenue from remaining performance obligations as of September 30, 2025, was $70.6 million, with $41.3 million expected within one year.
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