Overview
- Q4 2025 revenue rose 59% year over year to $55.1 million, lifting full-year revenue to $168.9 million, roughly doubling from 2024.
- Management guided 2026 revenue to $225 million–$260 million as enterprise interest in AI-native partners increases.
- The company posted a $14.0 million GAAP net loss for 2025 but recorded Q4 GAAP net income of $40.1 million due to non-cash fair value adjustments tied to acquisition-related liabilities.
- SoundHound reported more than 100 customer deals in Q4 and said no single customer contributed over 10% of revenue, with deployments spanning restaurants like Panda Express, IHOP, and Jersey Mike’s plus new wins in finance, insurance, retail, and telecom.
- H.C. Wainwright cut its price target to $20 and kept a Buy rating, while Piper Sandler lowered its target to $9 and stayed Neutral, flagging a mixed quarter, a profitability miss, execution challenges, and possible M&A needs.