SoundHound AI stock: Q3 revenue hits record as profit target set
Published on 11/13/2026 at 01:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth Meets a Profitability Shift
- SoundHound AI reported record quarterly revenue and completed its LivePerson acquisition.
- The company is moving from upfront licensing toward hosted services to make revenue more predictable.
- Cost synergies and portfolio changes are central to management's profitability plan.
SoundHound AI reported record third-quarter revenue on November 5, 2026, while setting out a path toward sustained adjusted EBITDA profitability in the second half of 2027. In its earnings release, the company said third-quarter revenue reached 62.4 million US dollars, up 48.5 percent from the year-earlier period.
Revenue Growth Meets Execution Pressure
GAAP gross margin was 34.1 percent, while non-GAAP gross margin came in at 50.3 percent. SoundHound reported a GAAP net loss of 46.4 million US dollars and an adjusted EBITDA loss of 20.7 million US dollars, showing that sales growth has not yet translated into operating profitability.
The company completed its acquisition of LivePerson on September 4, 2026. Management said the integration is intended to expand enterprise customer relationships and create cost and revenue synergies across voice and agentic AI products.
Hosted Services Reshape the Outlook
SoundHound is reducing reliance on upfront license deals and prioritizing hosted services. Management expects the shift to make revenue more stable and predictable, although it also limits the contribution from point-in-time licensing in the near term.
The company expects 2026 revenue of 250 million to 260 million US dollars and 2027 revenue of 350 million to 400 million US dollars. It has identified 120 million US dollars in annualized cost synergies, with more than 80 million US dollars in actions scheduled to take effect before January 1, 2027.
Voice AI Platform Targets Multiple Markets
SoundHound AI develops voice and agentic AI software for businesses. Its OASYS platform lets organizations build and deploy conversational AI agents across phones, kiosks, chat, smart devices, drive-thrus, televisions and vehicles.
Headquartered in Santa Clara, California, the company focuses on a voice-first niche spanning automotive, financial services, healthcare, retail, telecommunications and hospitality. Its platform combines speech recognition, natural-language understanding, text-to-speech and agent orchestration for enterprise and embedded applications.
SoundHound AI at a Glance
- Company: SoundHound AI, Inc.
- ISIN: US8361001071
- Ticker: SOUN
- Exchange: Nasdaq
- Quarter: Third quarter 2026
- Sector: Technology
- Industry: Software - Application
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