SoundHound AI Reports 45% Revenue Growth to $61.9 Million in Q2 2026

SoundHound AI, Inc. reported significant financial developments in its quarterly report for the period ending June 30, 2026. The company generated revenues of $61.9 million for the second quarter, marking a 45% increase from $42.7 million in the same period last year. For the first half of 2026, total revenues reached $106.1 million, up 48% from $71.8 million in the first half of 2025. Despite this revenue growth, SoundHound recorded a net loss of $42.8 million for the quarter, an improvement from a loss of $74.7 million in the prior year, and a net loss of $67.8 million for the first half of 2026 compared to a profit of $55.2 million in the same period last year.

The company’s operating expenses decreased by 13% to $105.2 million in the second quarter, down from $120.7 million a year earlier. This reduction was primarily driven by a significant change in the fair value of contingent acquisition liabilities, which resulted in a gain of $3.7 million in the current quarter compared to a gain of $31.4 million in the previous year. The cost of revenues also increased, reflecting higher operational costs associated with the growth in service subscriptions and product royalties.

Strategically, SoundHound has been active in expanding its capabilities through acquisitions. The company completed the acquisition of Interactions Corporation in September 2025, which is expected to enhance its position in the AI customer service market. Additionally, SoundHound launched its OASYS platform in May 2026, designed to unify its AI offerings and improve customer engagement. The company is also in the process of acquiring LivePerson, with the transaction expected to close in the third quarter of 2026, further expanding its market reach.

Operationally, SoundHound reported a total of 411.6 million shares of Class A Common Stock and 32.5 million shares of Class B Common Stock outstanding as of August 6, 2026. The company has seen a notable increase in service subscriptions, which accounted for $47 million of the total revenue in the second quarter, up from $32 million a year prior. The Americas region contributed significantly to revenue growth, with a reported increase of 85% year-over-year.

Looking ahead, SoundHound anticipates continued revenue growth driven by its expanding product offerings and strategic acquisitions. The company plans to leverage its technological advancements and market position to enhance customer experiences and drive further adoption of its voice AI solutions. However, management acknowledges the ongoing challenges related to market conditions and operational costs, which may impact future profitability.