SoundHound AI Beats Q2 Estimates and Raises 2026 Revenue Outlook

Overview

• SoundHound reported second-quarter revenue of $61.9 million, a 45% year-over-year increase, and an adjusted loss per share of $0.02 in results released Wednesday.
• The company ended the quarter with $203 million in cash and no debt, and it narrowed adjusted EBITDA losses as management emphasized tighter cost discipline.
• Leadership raised full-year 2026 revenue guidance to a range of $230 million to $260 million and said guidance may be updated again after the pending LivePerson acquisition closes.
• Enterprise adoption powered the quarter with multiple seven-figure contracts in healthcare and automotive plus an eight-figure multi-year channel deal covering more than 20 Latin American countries driven by the OASYS voice and agentic AI platform.
• Investors sent the stock sharply higher in after-hours trading and all covering analysts maintain Buy ratings with an average 12‑month price target of $12.75, while the LivePerson deal presents upside if integration goes smoothly and risk if it brings dilution or execution delays.