SoundHound AI (SOUN) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and SoundHound AI published the results on November 5, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. SoundHound AI reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• SoundHound AI closed its acquisition of LivePerson on September 4, 2026; LivePerson contributed $13.6 million of revenue to Q3 2026. Revenue by service type comes from the 10-Q. SoundHound reports in thousands; figures here are in millions.

Source: SoundHound AI Q3 2026 results, November 5, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How SoundHound AI splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• SoundHound AI's Service subscriptions revenue was $54.7 million in Q3 2026, up 61% from $33.9 million in Q3 2025, 88% of total revenue.
• SoundHound AI's Product royalties revenue was $7.6 million in Q3 2026, down 5% from $8.0 million in Q3 2025, 12% of total revenue.
• SoundHound AI's Monetization revenue was $0.1 million in Q3 2026, down 43% from $0.1 million in Q3 2025, under 1% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, SoundHound AI said:

“With the impact of the actions above, SoundHound expects the 2026 revenue to be in the range of $250M-$260M, and 2027 revenue in the range of $350M-$400M.”

“SoundHound expects to reach sustained adjusted EBITDA positive within the second half of 2027, even at the lower-end of its revenue guidance.”

“SoundHound has identified significant annualized cost synergies of $120 million, with over $80 million in actions scheduled to take effect before January 1, 2027, and the full $120 million run-rate expected in 2027.”

Source: SoundHound AI Q3 2026 release, Nov 5, 2026.

This is the company's own guidance as of Nov 5, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the SOUN forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Revenues and diluted GAAP net income (loss) per share, each as first reported in that quarter's release. In Q4 2025 and Q1 2026 basic EPS differed from diluted (Q4 2025: $0.10 basic, a loss of $0.03 diluted; Q1 2026: a loss of $0.06 basic, $0.11 diluted) because of contingently issuable acquisition shares; the diluted figure is shown.

We do not hold a confirmed date for SoundHound AI's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 5, 2026

SoundHound AI reported revenue of $62.4 million in Q3 2026, up 48.5% from $42.0 million. By service type, service subscriptions, mainly its cloud applications for customer service, food ordering, voice commerce and business workflows, brought in $54.7 million, up 61%. Product royalties from voice-enabled products in cars and consumer electronics were $7.6 million, down 5%, and monetization from its music identification app was $65 thousand. (SoundHound AI Q3 2026 release, Nov 5, 2026; SoundHound AI Form 10-Q, Q3 2026, Nov 9, 2026)

SoundHound's 10-Q attributes the $20.8 million rise in service subscription revenue to contributions from acquisitions, mainly in the Americas and EMEA. It closed the acquisition of LivePerson on September 4, 2026, and LivePerson contributed $13.6 million of revenue in the quarter. By region, Americas revenue was $46.1 million (up 45%), EMEA $8.8 million (up 161%) and Asia $7.5 million (up 8%). (SoundHound AI Form 10-Q, Q3 2026, Nov 9, 2026; SoundHound AI Q3 2026 release, Nov 5, 2026)

By billing location, the United States was $44.2 million of revenue and China $2.1 million, against $4.0 million a year earlier. No customer accounted for more than 10% of revenue in Q3 2026; a year earlier one customer accounted for 12%. Over time revenue was $55.8 million and point-in-time revenue $6.6 million. (SoundHound AI Form 10-Q, Q3 2026, Nov 9, 2026)

SoundHound said it is shifting upfront license deals to hosted structures and exiting non-core business lines, including negative gross margin contracts inherited from prior acquisitions, to make revenue more predictable. Remaining performance obligations were $191.4 million at September 30, 2026, of which $143.2 million is expected to be recognized within one year. (SoundHound AI Q3 2026 release, Nov 5, 2026; SoundHound AI Form 10-Q, Q3 2026, Nov 9, 2026)

SoundHound AI's GAAP net loss per share was $0.10 in Q3 2026, against $0.27 a year earlier, on a net loss of $46.4 million against $109.3 million. Its non-GAAP net loss per share was $0.05, against $0.03. (SoundHound AI Q3 2026 release, Nov 5, 2026)

Most of the gap between the GAAP and non-GAAP figures is one non-cash line. SoundHound marks to market the earn-out shares it owes from past acquisitions, and that produced a $23.4 million gain in Q3 2026 against a $66.2 million loss in Q3 2025, which is why the year-ago GAAP loss was so much larger. Non-GAAP net loss also excludes $22.5 million of stock-based compensation and related payroll taxes, $13.3 million of depreciation and amortization and $12.9 million of acquisition-related expenses. (SoundHound AI Q3 2026 release, Nov 5, 2026)

The share count has grown with acquisitions. Weighted average diluted shares were 454,512,160 against 411,702,440 a year earlier. When the LivePerson deal closed, SoundHound issued 36,894,839 Class A shares to holders of LivePerson's secured notes, and Class A shares outstanding reached 456,399,737 at September 30, 2026, against 390,070,691 at the end of 2025. (SoundHound AI Q3 2026 release, Nov 5, 2026; SoundHound AI Form 10-Q, Q3 2026, Nov 9, 2026; SoundHound AI Q3 2026 financial statements (Exhibit 99.2), Nov 5, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

SoundHound AI gives an annual revenue outlook in its release. With Q3 2026 it guided 2026 revenue of $250 million to $260 million and 2027 revenue of $350 million to $400 million, and said it expects to reach sustained positive adjusted EBITDA within the second half of 2027, even at the lower end of that range. Q3 2026 adjusted EBITDA was a loss of $20.7 million. (SoundHound AI Q3 2026 release, Nov 5, 2026)

The outlook rests on cost cuts after the LivePerson deal: SoundHound identified $120 million of annualized cost synergies, with over $80 million of actions scheduled to take effect before January 1, 2027 and the full run-rate expected in 2027. Nine-month revenue was $168.5 million, and cash and cash equivalents were $207.6 million at September 30, 2026. (SoundHound AI Q3 2026 release, Nov 5, 2026; SoundHound AI Q3 2026 financial statements (Exhibit 99.2), Nov 5, 2026)

A consensus figure is the average of the models published by the analysts who cover SoundHound AI, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones SoundHound AI's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning SOUN is on is SOUN a buy or a sell?, what analysts expect next is on the SOUN forecast, and what the company does is on the SoundHound AI (SOUN) stock page.

Every number on this page can be traced to a document SoundHound AI published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.