Q2 26 EPS Adjusted
$-0.02
BEAT +62.96%
Est. $-0.05
Q2 26 Revenue
$61.9M
BEAT +18.15%
Est. $52.4M
vs S&P Since Q2 26
+23.2%
BEATING MARKET
SOUN +23.7% vs S&P +0.5%
Market Reaction
Did SOUN Beat Earnings? Q2 2026 Results
SoundHound AI delivered a strong second quarter for fiscal 2026, posting revenue of $61.90 million, up 45% year-over-year and well ahead of the $52.39 million consensus estimate, while a non-GAAP loss of $0.02 per share came in considerably better th… Read more SoundHound AI delivered a strong second quarter for fiscal 2026, posting revenue of $61.90 million, up 45% year-over-year and well ahead of the $52.39 million consensus estimate, while a non-GAAP loss of $0.02 per share came in considerably better than the $0.05 analysts had expected. The standout quarter was driven in large part by accelerating enterprise deal momentum across multiple verticals, including a multi-year, 8-figure partnership spanning more than 20 countries in Latin America and a 7-figure agreement with a major automotive infotainment software company in China, reflecting the growing reach of the company's OASYS agentic AI platform. Restaurant expansion continued as well, with wins at Five Guys, IHOP, and Jersey Mike's joining the roster. The GAAP net loss narrowed to $42.82 million from $74.72 million a year earlier, while adjusted EBITDA loss improved 33% to $9.61 million. Looking ahead, management raised its full-year 2026 revenue outlook to a range of $230 million to $260 million, with a guidance update expected upon the anticipated close of its pending LivePerson acquisition before year-end.
Key Takeaways
- • Major enterprise AI deals driven by OASYS platform adoption
- • 45% year-over-year revenue growth
- • Improved GAAP gross margin from 39.0% to 45.1%
- • Non-GAAP net loss improved 24% year-over-year
- • Adjusted EBITDA loss improved 33% year-over-year
- • Disciplined cost management
SOUN Forward Guidance & Outlook
SoundHound raised its full-year 2026 revenue outlook to a range of $230–$260 million, up from prior guidance, driven by strong Q2 performance. The company noted that upon the expected close of its pending acquisition of LivePerson, which is anticipated before the end of 2026, it plans to update guidance accordingly at that time.
SOUN YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
“Our exceptional Q2 results demonstrate the momentum SoundHound is building, achieving a strong revenue performance, disciplined cost management, and industry-leading platform validation. With our Q2 revenue now 10 times what it was when we debuted as a public company in Q2 2022, and enterprise demand for high-ROI voice and agentic AI accelerating globally, our OASYS platform and in-house model innovations position us to lead in the new era of enterprise automation.”
— Keyvan Mohajer, Q2 2026 Earnings Press Release
SOUN Earnings Trends
SOUN vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SOUN EPS Trend
Earnings per share: estimate vs actual
SOUN Revenue Trend
Quarterly revenue: estimate vs actual
SOUN Quarterly Results
9 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $-0.05 | $-0.02 | +62.96% | $61.9M | +18.15% |
| Q1 26 MISS | $-0.04 | $-0.06 | -71.43% | $44.2M | +3.84% |
| Q4 25 MISS FY | $-0.02 | $-0.02 | -9.29% | $55.1M | +1.99% |
| FY Full Year | $-0.14 | $-0.13 | +3.70% | $168.9M | +0.64% |
| Q3 25 BEAT | $-0.03 | $-0.03 | +11.76% | $42.0M | +3.88% |
| Q2 25 BEAT | $-0.05 | $-0.03 | +42.86% | $42.7M | +29.80% |
| Q1 25 BEAT | $-0.06 | $-0.06 | +5.21% | $29.1M | -4.10% |
| Q3 24 BEAT | $-0.07 | $-0.04 | +42.86% | $25.1M | +9.01% |
| Q2 24 BEAT | $-0.09 | $-0.04 | +55.56% | $13.5M | +2.92% |
| Q3 23 BEAT | $-0.09 | $-0.09 | +0.00% | $13.3M | +3.82% |