SoundHound AI, Inc. (SOUN) Earnings
SoundHound AI, Inc. is expected to report next earnings on August 6, 2026 (in NaN days), with a consensus EPS estimate of $-0.05. SOUN has beaten EPS estimates in 7 of its last 12 reported quarters (average surprise +32.3% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $-0.10 | $-0.06 | +40.0% | $44M | +3.8% |
| Nov 6, 2025 | $-0.04 | $-0.03 | +25.0% | $42M | -22.0% |
| Aug 7, 2025 | $-0.06 | $-0.03 | +50.0% | $43M | +5.4% |
| May 8, 2025 | $-0.07 | $-0.06 | +14.3% | $29M | -4.1% |
| Feb 27, 2025 | $-0.11 | $-0.69 | -527.3% | $35M | +2.5% |
| Aug 8, 2024 | $-0.09 | $-0.11 | -22.2% | $13M | +2.9% |
| May 9, 2024 | $-0.09 | $-0.07 | +22.2% | $12M | +14.8% |
| Feb 29, 2024 | $-0.05 | $-0.06 | -20.0% | $17M | -3.4% |
| Nov 9, 2023 | $-0.09 | $-0.09 | +0.0% | $13M | +3.8% |
| May 11, 2023 | $-0.12 | $-0.12 | +0.0% | $7M | -16.8% |
| Mar 7, 2023 | $-0.17 | $-0.15 | +11.8% | $10M | +44.2% |
| Nov 10, 2022 | $-0.17 | $-0.15 | +11.8% | $11M | +25.0% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 7, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- SoundHound has spent over 20 years in technology innovation, which is a strength. - Enterprise AI adoption takes time, involving building relationships with brands, going through procurement, starting small and scaling. - M&A strategy focuses on finding companies with great teams, businesses, and customer relationships but in stressful situations, and collaboration to unlock value. First acquisition turned around a declining company within two years, last acquisition shows early turnaround signs. - Core auto and IoT business has 88% year-over-year growth organically. - Launched agentic platform Oasis, which unifies SoundHound's legacy business and acquired companies' businesses. Oasis features AI builds AI, self-learning with human oversight, and inherits innovations from acquisitions like Interactions' human oversight of AI. - M&A growth, customer acquisition, and Oasis offer scale, proven scale, global enterprise operation, omnichannel capabilities, making the company competitive. - In auto units, instead of pricing pressure, there's revenue growth through Gen AI upgrade, renewal opportunities, and agentic and Oasis bringing voice commerce opportunities.
Guidance
- For LivePerson, there is planned attrition of the business before turning it around and growing again, with the goal to exceed long-term revenue targets while hitting what's put out there. - Core auto and IoT business has strong organic growth and optimistic outlook. - Expect all customers to migrate to Oasis, with migration being the company's biggest priority though no specific number or time frame is shared.
Segment performance
SoundHound's core auto and IoT business was up 88% year-over-year. The first acquisition turned around a declining company within two years to a continuous growth path, and the last acquisition a few months ago already shows signs of turnaround. For LivePerson, there are three important areas immediately addressable: financial stability, faster innovation, and faster modernization of their platform. The core auto and IoT business has organic growth, and the acquisitions are helping turn around businesses.
Risks & headwinds
Not explicitly discussed in detail in the transcript
Analyst Q&A
Q: What are the best near-term prospects for OASIS? Is it Amelia-based or the auto companies or the channel? Is it the new customers or established customers?
A: Kayvon said a Fortune 100 insurance company renewed in Q1 with an eight-digit size deal, larger existing customers will be first wave of beta users for OASIS, existing customers will start upgrading and migrating, new customers will use Oasis going forward, and Oasis allows AI builds AI in minutes instead of months, with self-learning and human oversight.
Q: How many Amelia customers might migrate to AgentDick AI this year?
A: Oasis combines innovations of various acquired companies like Amelia, Interactions, etc. Ultimately all customers will migrate to Oasis, but no exact number or time frame is shared.
Q: How are you thinking right now in terms of the competitive environment? Now you've got these large language model providers that are still focusing on native voice AI and identity capabilities. Are they still being a pressure, or are you seeing them, or are you thinking you've got a competitive mode at this point?
A: Categorizes competitors into big tech, frontier model providers, and newcomers. SoundHound is a partner for AI transformation, not just a vendor, has own Polaris speech foundation model more accurate, and M&A growth, scale, global enterprise operation, omnichannel capabilities make it competitive.
Q: Turning to the auto units in, have you been seeing any pricing pressure? I know auto company and automakers are trying to consolidate the AI vendors that they use. And just see if you're seeing that impact as you start gaining more share in that area.
A: Seeing the opposite, automotive business loves their solution, Gen AI upgrade gave customers choice to stay or upgrade for more revenue, and agentic and Oasis bring voice commerce opportunities increasing revenue.
Q: In terms of, you know, or as I think about past sustainable profitability, beyond scaling revenue, what are going to be the biggest drivers? Is it mix shift? Is it improved efficiencies, pricing power? How does that kind of break down over time?
A: Combination of exploring cost synergies from acquisitions (like Q1 cost reductions with impact in next one or two quarters), revenue growth, and calculated, responsible investment in foundation models to reduce COGS and improve profitability