SoundHound AI Inc: Beat — EPS -$0.05, Revenue $62.43M
Earnings BeatQ3 2026 · After-market
Did SoundHound AI Inc (SOUN) beat earnings?
Yes, SoundHound AI Inc (SOUN) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected revenue.
Earnings Per ShareIn-Line
-$0.05Actual
Expected: -$0.05
vs. year ago -66.7%
Total Revenue+0.39% surprise
$62.43MActual
Expected: $62.18M
vs. year ago +48.0%
Released Nov 05 · 4:04 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenues | $62.42M | $42.05M | +48.5% |
| Net Loss | $(46.368M) | $(109.271M) | +58.0% |
| GAAP Basic EPS | $(0.10) | $(0.27) | - |
| GAAP Diluted EPS | $(0.10) | $(0.27) | - |
| Non-GAAP Basic EPS | $(0.05) | $(0.03) | - |
| Non-GAAP Diluted EPS | $(0.05) | $(0.03) | - |
Financial Outlook / Guidance
| Metric | FY26 Outlook | FY27 Outlook |
|---|---|---|
| Guidance | Guidance | |
| Revenue | $250M-$260M | $350M-$400M |
| Annualized Cost Synergies | >$80M (before Jan. 1, 2027 | $120M run-rate |
| Adjusted EBITDA | — | Positive (2H 2027 |
FY26 Outlook
- Revenue
- Guidance$250M-$260M
- Annualized Cost Synergies
- Guidance>$80M(before Jan. 1, 2027
- Adjusted EBITDA
- Guidance—
FY27 Outlook
- Revenue
- Guidance$350M-$400M
- Annualized Cost Synergies
- Guidance$120M run-rate
- Adjusted EBITDA
- GuidancePositive(2H 2027
Business Highlights
- ➤Closed LivePerson acquisition on September 4 and retired nearly all assumed debt.
- ➤Contacted LivePerson’s top 90 enterprise accounts representing over $100M in ARR.
- ➤Secured LivePerson renewals and upsells with healthcare, European telecom, and UK utility customers.
- ➤A leading academic health system selected SoundHound across hospital services and its health plan.
- ➤Randox selected SoundHound for customer care.
- ➤A major US electric utility contracted for AI-enabled back-office functions.
- ➤Signed a 7-figure minimum-guarantee agreement with a tier-one Chinese automotive supplier.
- ➤Launched OASYS Edge for on-device LLM-powered voice agents.
- ➤Signed LG commerce-channel deal across approximately 20 million US smart TVs.
- ➤Resorts World Las Vegas expanded to an external-facing autonomous booking agent.
- ➤A pizza chain added SoundHound AI ordering at nearly 100 additional locations.
- ➤Won a global consumer-products company through partner Alta Resources.
Management Commentary
Keyvan Mohajer, CEO and Co-Founder of SoundHound AI
“This is a milestone moment for SoundHound. We announced another record quarter, closed our acquisition of LivePerson, and guided that the company will be adjusted EBITDA profitable within the second half of 2027,”
Keyvan Mohajer, CEO and Co-Founder of SoundHound AI
“Our OASYS platform now leads its category and is positioned to become the operating system of the new agentic era, strengthened by technology from six pioneering businesses we have combined under SoundHound AI.”
John Collins, CFO of SoundHound AI
“Since closing the LivePerson acquisition, we have moved swiftly and decisively to integrate the businesses and realize substantial cost and revenue synergies. At the same time, we are improving our quality of earnings by shifting upfront license deals to hosted structures and exiting non-core, dilutive business lines, making our revenue more stable and predictable,””
John Collins, CFO of SoundHound AI
“These business transformations provide the operating leverage necessary to reach sustainable, profitable growth within the second half of 2027.”