SoundHound AI, Inc. (SOUN) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 44.2M | 55.06M | 42.05M | 42.68M | 29.13M | 34.54M | 25.09M | 13.46M | 11.59M | 17.15M | 13.27M | 8.75M |
| Revenue Growth % | 51.72% | 59.39% | 67.57% | 217.06% | 151.24% | 101.45% | 89.13% | 53.83% | 72.86% | 80.48% | 18.61% | 42.25% |
| Cost of Goods Sold | 35.29M | 28.71M | 24.13M | 26.02M | 18.51M | 20.76M | 12.9M | 4.98M | 4.67M | 3.91M | 3.59M | 1.83M |
| COGS % of Revenue | 79.85% | 52.14% | 57.38% | 60.96% | 63.55% | 60.1% | 51.41% | 36.99% | 40.27% | 22.81% | 27.06% | 20.91% |
| Gross Profit | 8.9M | 26.35M | 17.92M | 16.66M | 10.62M | 13.78M | 12.19M | 8.48M | 6.92M | 13.24M | 9.68M | 6.92M |
| Gross Margin % | 20.15% | 47.86% | 42.62% | 39.04% | 36.45% | 39.9% | 48.59% | 63.01% | 59.73% | 77.19% | 72.94% | 79.09% |
| Gross Profit Growth % | -16.14% | 91.16% | 46.98% | 96.44% | 53.33% | 4.14% | 25.99% | 22.55% | 46.38% | 96.21% | 12.5% | 88.89% |
| Operating Expenses | 70.82M | -16.22M | 133.81M | 94.71M | -117.48M | 270.86M | 45.96M | 30.47M | 35.45M | 25.63M | 24.21M | 23.4M |
| OpEx % of Revenue | 160.25% | -29.46% | 318.23% | 221.9% | -403.31% | 784.11% | 183.15% | 226.32% | 305.8% | 149.47% | 182.45% | 267.44% |
| Selling, General & Admin | 44.89M | 38.62M | 40.73M | 34.07M | 30.41M | 26M | 25.39M | 14.69M | 15.81M | 12.11M | 11.4M | 11.46M |
| SG&A % of Revenue | 101.57% | 70.14% | 96.86% | 79.81% | 104.41% | 75.28% | 101.2% | 109.12% | 136.36% | 70.62% | 85.94% | 130.9% |
| Research & Development | 26.2M | 24.84M | 22.85M | 25.8M | 24.76M | 20.39M | 19.55M | 15.74M | 14.88M | 12.71M | 12.81M | 11.74M |
| R&D % of Revenue | 59.28% | 45.12% | 54.34% | 60.46% | 84.99% | 59.04% | 77.89% | 116.91% | 128.32% | 74.14% | 96.52% | 134.11% |
| Other Operating Expenses | -269K | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 39K | 1000K | 806K | 0 | 213K |
| Operating Income | -61.92M | 42.57M | -115.89M | -78.05M | 128.1M | -257.07M | -33.77M | -21.98M | -28.53M | -12.39M | -14.53M | -16.48M |
| Operating Margin % | -140.1% | 77.32% | -275.61% | -182.86% | 439.76% | -744.21% | -134.56% | -163.31% | -246.07% | -72.28% | -109.51% | -188.36% |
| Operating Income Growth % | -148.34% | 116.56% | -243.21% | -255.02% | 549.01% | -1974.33% | -132.39% | -33.38% | -13.2% | 56.9% | 46.33% | 43.02% |
| EBITDA | -51.95M | 84.46M | -99.2M | -69.55M | 136.52M | -246.52M | -29.85M | -20M | -26.32M | -8.68M | -14M | -14.96M |
| EBITDA Margin % | -117.55% | 153.4% | -235.92% | -162.95% | 468.66% | -713.66% | -118.94% | -148.59% | -226.98% | -50.59% | -105.52% | -170.95% |
| EBITDA Growth % | -138.06% | 134.26% | -232.38% | -247.71% | 618.76% | -2741.73% | -113.19% | -33.71% | -11.5% | 67.74% | 46.45% | 48.05% |
| D&A (Non-Cash Add-back) | 9.97M | 41.88M | 16.69M | 8.5M | 8.42M | 10.55M | 3.92M | 1.98M | 2.21M | 3.72M | 530K | 1.52M |
| EBIT | -61.92M | 42.37M | -108.66M | -73.3M | 130.99M | -256.98M | -31.13M | -32.6M | -27.05M | -10.94M | -13.19M | -18.16M |
| Net Interest Income | -71K | -113K | -153K | 2.26M | 1.97M | 163K | 1.15M | -1.27M | -3.85M | -4.67M | -4.24M | -4.02M |
| Interest Income | 0 | 0 | 0 | 2.43M | 2.21M | 1.47M | 2.26M | 2.82M | 1.81M | 791K | 1.2M | 714K |
| Interest Expense | 71K | 113K | 153K | 169K | 235K | 1.31M | 1.11M | 4.09M | 5.66M | 5.46M | 5.44M | 4.74M |
| Other Income/Expense | 37.69M | -316K | 7.08M | 4.58M | 2.65M | -1.22M | 1.52M | -14.7M | -4.18M | -4M | -4.11M | -6.41M |
| Pretax Income | -24.23M | 42.26M | -108.81M | -73.47M | 130.75M | -258.29M | -32.24M | -36.68M | -32.71M | -16.4M | -18.64M | -22.89M |
| Pretax Margin % | -54.83% | 76.75% | -258.78% | -172.12% | 448.87% | -747.73% | -128.48% | -272.5% | -282.16% | -95.62% | -140.46% | -261.57% |
| Income Tax | 798K | 2.2M | 457K | 1.26M | 819K | 311K | -10.49M | 638K | 295K | 1.61M | 1.56M | 417K |
| Effective Tax Rate % | -3.29% | 5.21% | -0.42% | -1.71% | 0.63% | -0.12% | 32.54% | -1.74% | -0.9% | -9.8% | -8.38% | -1.82% |
| Net Income | -25.03M | 40.06M | -109.27M | -74.72M | 129.93M | -258.6M | -21.75M | -37.32M | -33.01M | -18M | -20.2M | -23.31M |
| Net Margin % | -56.63% | 72.75% | -259.87% | -175.07% | 446.06% | -748.63% | -86.68% | -277.24% | -284.71% | -104.99% | -152.22% | -266.34% |
| Net Income Growth % | -119.26% | 115.49% | -402.37% | -100.21% | 493.63% | -1336.42% | -7.69% | -60.13% | -20.34% | 41.32% | 32.81% | 24% |
| Net Income (Continuing) | -25.03M | 40.06M | -109.27M | -74.72M | 129.93M | -258.6M | -21.75M | -37.32M | -33.01M | -18M | -20.2M | -23.31M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.06 | 0.10 | -0.27 | -0.19 | 0.31 | -0.69 | -0.06 | -0.11 | -0.12 | -0.07 | -0.09 | -0.11 |
| EPS Growth % | -119.16% | 113.9% | -350% | -72.73% | 358.33% | -845.32% | 33.33% | 0% | 14.29% | 52.41% | 40% | 42.11% |
| EPS (Basic) | -0.06 | 0.10 | -0.27 | -0.19 | 0.33 | -0.69 | -0.06 | -0.11 | -0.12 | -0.07 | -0.09 | -0.11 |
| Diluted Shares Outstanding | 338.46M | 417.58M | 411.7M | 402.04M | 414.16M | 375.1M | 360.39M | 331.83M | 286.6M | 254.43M | 242.02M | 220.77M |
| Basic Shares Outstanding | 338.46M | 417.58M | 409.78M | 400.12M | 393.89M | 375.1M | 360.39M | 331.83M | 286.6M | 254.43M | 242.02M | 220.77M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - |