Overview
- Nitesh Sharan will leave as chief financial officer on April 3 to take a leadership role at a quantum computing company.
- A company co‑founder and current product chief was named interim CFO, and a formal search for a permanent replacement has begun.
- SoundHound shares fell nearly 7% on the announcement, reflecting investor caution around leadership stability and execution.
- The company reported 2025 revenue of about $168.9 million, roughly doubling year over year, with Q4 revenue up 59%; it posted a full‑year net loss but recorded Q4 net income due to non‑cash gains.
- Management guided to at least $225 million in 2026 revenue and is promoting agentic, multimodal, on‑device voice AI showcased at NVIDIA GTC alongside partnerships and traction in automotive and quick‑service restaurants.