SOUNW
Income statement / Annual
Last year (2023), SoundHound AI, Inc.'s total revenue was $45.87 M,
an increase of 47.36% from the previous year.
In 2023, SoundHound AI, Inc.'s net income was -$88.94 M.
See SoundHound AI, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$45.87 M
|
$31.13 M
|
$21.20 M
|
$13.02 M
|
$7.68 M
|
| Cost of Revenue |
$11.31 M |
$9.60 M |
$6.59 M |
$5.86 M |
$4.52 M |
| Gross Profit |
$34.57 M |
$21.53 M |
$14.61 M |
$7.15 M |
$3.16 M |
| Gross Profit Ratio |
0.75 |
0.69 |
0.69 |
0.55 |
0.41 |
| Research and Development
Expenses |
$51.44 M
|
$76.39 M
|
$59.18 M
|
$54.28 M
|
$47.77 M
|
| General & Administrative
Expenses |
$28.29 M
|
$30.18 M
|
$16.52 M
|
$14.14 M
|
$14.58 M
|
| Selling & Marketing
Expenses |
$18.89 M
|
$20.37 M
|
$4.24 M
|
$4.74 M
|
$5.39 M
|
| Selling, General &
Administrative Expenses |
$47.18 M
|
$50.55 M
|
$20.76 M
|
$18.88 M
|
$19.97 M
|
| Other Expenses |
$4.56 M |
$32,000.00 |
-$502,000.00 |
$17,000.00 |
$0.00 |
| Operating Expenses |
$103.17 M |
$126.94 M |
$79.94 M |
$73.16 M |
$68.30 M |
| Cost And Expenses |
$114.48 M |
$136.54 M |
$86.52 M |
$79.02 M |
$72.81 M |
| Interest Income |
$2.87 M |
$390,000.00 |
$7,000.00 |
$168,000.00 |
$919,000.00 |
| Interest Expense |
$17.57 M |
$6.89 M |
$8.34 M |
$2.27 M |
$0.00 |
| Depreciation &
Amortization |
$2.31 M
|
$4.04 M
|
$9.09 M
|
$6.04 M
|
$4.67 M
|
| EBITDA |
-$65.14 M
|
-$102.89 M
|
-$61.65 M
|
-$65.36 M
|
-$59.90 M
|
| EBITDA Ratio |
-1.42 |
-3.14 |
-2.68 |
-4.59 |
-7.8 |
| Operating Income Ratio
|
-1.5
|
-3.39
|
-3.08
|
-5.07
|
-8.41
|
| Total Other
Income/Expenses Net |
-$16.42 M
|
-$8.15 M
|
-$13.76 M
|
-$7.67 M
|
$360,000.00
|
| Income Before Tax |
-$85.02 M |
-$112.48 M |
-$79.08 M |
-$73.67 M |
-$64.21 M |
| Income Before Tax Ratio
|
-1.85
|
-3.61
|
-3.73
|
-5.66
|
-8.36
|
| Income Tax Expense |
$3.91 M |
$2.89 M |
$456,000.00 |
$738,000.00 |
$253,000.00 |
| Net Income |
-$88.94 M |
-$115.37 M |
-$79.54 M |
-$74.41 M |
-$64.47 M |
| Net Income Ratio |
-1.94 |
-3.71 |
-3.75 |
-5.72 |
-8.4 |
| EPS |
-0.4 |
-0.73 |
-1.18 |
-1.07 |
-5.56 |
| EPS Diluted |
-0.4 |
-0.73 |
-1.18 |
-1.07 |
-5.56 |
| Weighted Average Shares
Out |
$229.26 M
|
$157.32 M
|
$67.26 M
|
$69.60 M
|
$11.60 M
|
| Weighted Average Shares
Out Diluted |
$229.26 M
|
$157.32 M
|
$67.26 M
|
$69.60 M
|
$11.60 M
|
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