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SoundHound AI — Q3 2026 Earnings Summary

  • Q3 2026 revenue reached $62.4 million, a 48.5% year-over-year increase, while GAAP net loss narrowed to $(46.4) million from $(109.3) million in the prior year period.
  • The company raised full-year 2026 revenue guidance to $250–$260 million and 2027 revenue guidance to $350–$400 million, targeting sustained adjusted EBITDA profitability in the second half of 2027.
  • Strategic integration of the LivePerson acquisition (closed September 4, 2026) is driving $120 million in annualized cost synergies, with over $80 million scheduled to take effect before January 1, 2027.
  • Management is shifting from upfront license deals to hosted structures and exiting negative gross margin contracts to improve revenue stability and margin performance.
  • Significant new commercial wins include a 7-figure agreement with a tier-one Chinese automotive supplier, a deal with LG for 20 million smart TVs, and expanded deployments in healthcare, utilities, and hospitality.
Company
SOUNDHOUND AI INC
Sector
Technology
Industry
Software - Application