SoundThinking, Inc. Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤Transom offers $8.00 cash plus CVR worth up to $3.00 per share
- ➤Transaction implies $114 million upfront enterprise value, up to $159 million total
- ➤Q3 revenue $25.0 million, down from $25.1 million year over year
- ➤GAAP net loss widened to $8.5 million from $2.0 million
- ➤Adjusted EBITDA fell to $2.2 million from $3.5 million year over year
FREMONT, Calif., Nov. 12, 2026 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (Nasdaq: SSTI), a leading public safety technology company, today reported financial results for the third quarter ended September 30, 2026.
Third Quarter 2026 Financial and Operational Highlights * Revenues of $25.0 million remained relatively flat year over year, compared to $25.1 million for the same quarter of 2025. * Gross profit decreased 13% to $11.9 million (48% of revenues), compared to $13.6 million (54% of revenues) for the same quarter of 2025. * GAAP net loss totaled $8.5 million, compared to GAAP net loss of $2.0 million for the same quarter of 2025. * Adjusted EBITDA(1) totaled $2.2 million (9% of revenues), compared to $3.5 million (14% of revenues) for the same quarter of 2025. * Expanded with three existing customers. (1 See the section below titled “Non-GAAP Financial Measures” for more information about Adjusted EBITDA and its reconciliation to GAAP net (loss).)
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