<span item_type="fundamental" item_id="ab5f444b22eb7285d3ee879025c420b5" counter_id="ST/US/SOUNW" env="prod"></span><span item_type="announcement" item_id="546911580738488961" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 42.68 M.</p><p>EPS: As of FY2025 Q2, the actual value is USD -0.19.</p><p></p><h3>Segment Revenue</h3><ul><li>Revenue for the second quarter of 2025 was $42.7 million, marking a 217% increase year-over-year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex991earnings.htm"></span></li><li>For the three months ended June 30, 2025, revenues were $42,683 thousand, compared to $13,462 thousand for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex992financia.htm"></span></li><li>For the six months ended June 30, 2025, revenues were $71,812 thousand, compared to $25,056 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex992financia.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>GAAP gross margin was 39.0%, while non-GAAP gross margin was 58.4%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex991earnings.htm"></span></li><li>GAAP net loss for the second quarter was - $74.7 million, and non-GAAP net loss was - $11.9 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex991earnings.htm"></span></li><li>Adjusted EBITDA was a loss of - $14.3 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex991earnings.htm"></span></li><li>GAAP operating loss was - $78.1 million, a 255% increase from the previous year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex991earnings.htm"></span></li><li>For the three months ended June 30, 2025, the net loss was - $74,724 thousand, compared to - $37,322 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex992financia.htm"></span></li><li>For the six months ended June 30, 2025, net income was $55,208 thousand, compared to a net loss of - $70,331 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex992financia.htm"></span></li><li>For the three months ended June 30, 2025, the loss from operations was - $78,051 thousand, compared to - $21,985 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex992financia.htm"></span></li><li>For the six months ended June 30, 2025, income from operations was $50,046 thousand, compared to a loss of - $50,514 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex992financia.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities for the six months ended June 30, 2025, was - $43.7 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex991earnings.htm"></span></li><li>The company had total cash and cash equivalents of $230 million as of June 30, 2025, with no debt.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex991earnings.htm"></span></li><li>Net cash used in operating activities for the six months ended June 30, 2025, was - $43,682 thousand, compared to - $40,440 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex992financia.htm"></span></li><li>Net cash used in investing activities for the six months ended June 30, 2025, was - $354 thousand, compared to - $4,788 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex992financia.htm"></span></li><li>Net cash provided by financing activities for the six months ended June 30, 2025, was $76,606 thousand, compared to $137,030 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex992financia.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>The company reported significant growth in AI for automotive, enterprise AI for customer service, and AI automation for restaurants.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex991earnings.htm"></span></li><li>Change in fair value of contingent acquisition liabilities for the six months ended June 30, 2025, was - $144,741 thousand, compared to $3,080 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex992financia.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>SoundHound AI has raised its full-year 2025 revenue outlook, now expecting it to be in the range of $160 - $178 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1840856/000162828025038931/soun-20250807ex991earnings.htm"></span></li></ul>

SoundHound AI - CW27 | 8-K: FY2025 Q2 Revenue: USD 42.68 M