Stocks·NASDAQ:SOUN
SoundHound AI (SOUN)
I don't own it · as I said on Oct 28, 2026
My take
Every video where I mention SOUN
- 7 Stocks Analysts Say Could Double (One Could 4X) Oct 29, 2026 · at 3:52
it leans cheap. Stock number four is SoundHound AI, ticker symbol S-O-U-N,…
- SOUN Stock: Analysts Say This $4 AI Stock Could Triple Oct 28, 2026 · at 0:16
out which one of those is true in early November. The company is SoundHound AI,…
- SoundHound Gets a Buy. Profitable AI Stock Cerence Gets a Hold. (CRNC) Oct 22, 2026 · at 0:03
recommendation is still Hold. Meanwhile, SoundHound, another voice…
The last 12 months
- Nov 5, 20268-KReleased quarterly results; Restructuring or layoff costs
- Oct 28, 2026VideoMy video: SOUN Stock: Analysts Say This $4 AI Stock Could Triple
- Oct 22, 2026VideoMy video: SoundHound Gets a Buy. Profitable AI Stock Cerence Gets a Hold. (CRNC)
- Sep 4, 20268-KSigned a major agreement; Completed buying or selling a business; Sold shares without SEC registration; Executive or board change; Shared information with investors; Other news
- Sep 4, 20268-KOther news
- Sep 4, 2026424B7Prospectus for shares sold by existing holders
- Sep 4, 2026S-8Registered shares for employee stock plans
- Sep 2, 20268-KSold shares without SEC registration
- Aug 10, 202610-QQuarterly report
- Aug 5, 20268-KReleased quarterly results
- Jul 24, 20268-KOther news
- Jul 9, 2026424B3Prospectus (often lets existing holders resell shares)
- Jul 2, 20268-KSigned a major agreement
- May 27, 20268-KChanged its bylaws or fiscal year; Shareholder vote results; Other news
Cash runway: about 21 months. SoundHound AI had $203M in cash and short-term investments on Jun 30, 2026 and burned $116M of free cash flow over the 12 months before that, about $29M a quarter. Divide one by the other and that's the runway, if nothing changes.
My math, not the company's. It doesn't count money raised after Jun 30, 2026 (check the Filings tab for offerings), credit lines, or plans to cut spending.
Show the numbers
| Revenue by year | |
|---|---|
| 2021 | $21.2M |
| 2022 | $31.1M |
| 2023 | $45.9M |
| 2024 | $84.7M |
| 2025 | $169M |
Show the numbers
| Revenue by quarter | |
|---|---|
| Q3 23 | $13.3M |
| Q4 23 | $17.1M |
| Q1 24 | $11.6M |
| Q2 24 | $13.5M |
| Q3 24 | $25.1M |
| Q4 24 | $34.5M |
| Q1 25 | $29.1M |
| Q2 25 | $42.7M |
| Q3 25 | $42M |
| Q4 25 | $55.1M |
| Q1 26 | $44.2M |
| Q2 26 | $61.9M |
Show the numbers
| Operating income (loss) by year | |
|---|---|
| 2021 | -$65.3M |
| 2022 | -$106M |
| 2023 | -$68.6M |
| 2024 | -$341M |
| 2025 | -$23.3M |
Show the numbers
| Free cash flow by year | |
|---|---|
| 2021 | -$66.8M |
| 2022 | -$95.3M |
| 2023 | -$68.7M |
| 2024 | -$110M |
| 2025 | -$99.1M |
Cash and short-term investmentsDebt
Show the numbers
| Cash and short-term investments | Debt | |
|---|---|---|
| 2021 | $21.6M | $29.9M |
| 2022 | $9.24M | $35M |
| 2023 | $95.3M | $84.3M |
| 2024 | $198M | $0 |
| 2025 | $248M | n/a |
From the 10-Q filed Aug 10, 2026. Source. The parts didn't add up neatly in this filing, so treat this split as approximate.
Stock-based pay to employeesSpent buying back shares
Show the numbers
| Stock-based pay to employees | Spent buying back shares | |
|---|---|---|
| 2021 | $6.32M | $0 |
| 2022 | $28.8M | $0 |
| 2023 | $27.9M | $0 |
| 2024 | $33.1M | $0 |
| 2025 | $80.6M | $0 |
If buybacks are smaller than stock pay, the buyback isn't shrinking the share count; it's soaking up shares handed to employees.
Show the numbers
| Backlog (remaining performance obligations) | |
|---|---|
| Q3 23 | $13.9M |
| Q4 23 | $12.7M |
| Q1 24 | $11.8M |
| Q2 24 | $10.6M |
| Q3 24 | $66.9M |
| Q4 24 | $83.3M |
| Q1 25 | $71.1M |
| Q2 25 | $69.2M |
| Q3 25 | $70.6M |
| Q4 25 | $79.5M |
| Q1 26 | $64.7M |
| Q2 26 | $60M |
Compare SOUN with other stocks →
From the company's own SEC filings via SEC EDGAR, latest period ended Jun 30, 2026. Numbers can be restated later. Not investment advice.
Dilution
Show the numbers
| Shares outstanding | |
|---|---|
| Jul 2021 | 17.5M |
| Aug 2021 | 17.5M |
| Nov 2021 | 17.5M |
| Jan 2022 | 17.5M |
| Mar 2022 | 17.5M |
Insider trades
Bought or sold on the open market
| Date | Who | What | Shares | Value | Filing |
|---|---|---|---|---|---|
| Sep 17, 2026 | Diana Sroka Director | Sold on the market (planned) | 1.6K | $9.48K | Form 4 |
| Sep 15, 2026 | Michael Zagorsek Chief Operating Officer | Sold on the market | 71.1K | $450K | Form 4 |
| Sep 15, 2026 | James Ming Hom Chief Product Officer, Director | Sold on the market | 38.7K | $245K | Form 4 |
| Sep 15, 2026 | Majid Emami CSO & SVP, Engineering, 10% owner | Sold on the market | 38.7K | $245K | Form 4 |
| Sep 15, 2026 | Keyvan Mohajer CEO, Director, 10% owner | Sold on the market | 137K | $869K | Form 4 |
| Aug 27, 2026 | Diana Sroka Director | Sold on the market (planned) | 1.3K | $9.60K | Form 4 |
| Jun 15, 2026 | Michael Zagorsek Chief Operating Officer | Sold on the market | 65K | $485K | Form 4 |
| Jun 15, 2026 | Timothy Stonehocker Chief Technology Officer | Sold on the market | 18.8K | $140K | Form 4 |
| Jun 15, 2026 | James Ming Hom Chief Product Officer, Director | Sold on the market | 28.8K | $215K | Form 4 |
| Jun 15, 2026 | Keyvan Mohajer CEO, Director, 10% owner | Sold on the market | 127K | $944K | Form 4 |
| Jun 15, 2026 | Majid Emami CSO & SVP, Engineering, 10% owner | Sold on the market | 28.8K | $215K | Form 4 |
| Mar 23, 2026 | Diana Sroka Director | Sold on the market (planned) | 1.3K | $9.09K | Form 4 |
| Mar 20, 2026 | Timothy Stonehocker Chief Technology Officer | Sold on the market | 23.1K | $157K | Form 4 |
| Mar 20, 2026 | Michael Zagorsek Chief Operating Officer | Sold on the market | 53K | $360K | Form 4 |
| Mar 20, 2026 | Nitesh Sharan Chief Financial Officer | Sold on the market | 44K | $299K | Form 4 |
Everything else: grants, option exercises, tax withholding (18)
| Date | Who | What | Shares | Value | Filing |
|---|---|---|---|---|---|
| Sep 4, 2026 | John DeNeen Collins Chief Financial Officer | Grant or award 2 trades that day | 1.1M | n/a | Form 4 |
| Jul 31, 2026 | Lawrence Marcus Director | Grant or award | 4K | n/a | Form 4 |
| Jul 31, 2026 | Keyvan Mohajer CEO, Director, 10% owner | Grant or award 2 trades that day | 1.9M | n/a | Form 4 |
| Jul 31, 2026 | Majid Emami CSO & SVP, Engineering, 10% owner | Grant or award | 400K | n/a | Form 4 |
| Jul 31, 2026 | Michael Zagorsek Chief Operating Officer | Grant or award 2 trades that day | 1M | n/a | Form 4 |
| Jul 31, 2026 | James Ming Hom Chief Product Officer, Director | Grant or award | 400K | n/a | Form 4 |
| Jul 31, 2026 | Diana Sroka Director | Grant or award | 4K | n/a | Form 4 |
| Jul 31, 2026 | Eric R. Ball Director | Grant or award | 4K | n/a | Form 4 |
| Jul 30, 2026 | Michael Zagorsek Chief Operating Officer | Grant or award 2 trades that day | 1M | n/a | Form 4 |
| Jul 30, 2026 | James Ming Hom Chief Product Officer, Director | Grant or award | 400K | n/a | Form 4 |
| Jul 30, 2026 | Majid Emami CSO & SVP, Engineering, 10% owner | Grant or award | 400K | n/a | Form 4 |
| Jul 30, 2026 | Keyvan Mohajer CEO, Director, 10% owner | Grant or award 2 trades that day | 1.9M | n/a | Form 4 |
| Jul 30, 2026 | Lawrence Marcus Director | Grant or award | 4K | n/a | Form 4 |
| Jul 30, 2026 | Eric R. Ball Director | Grant or award | 4K | n/a | Form 4 |
| Jul 30, 2026 | Diana Sroka Director | Grant or award | 4K | n/a | Form 4 |
| May 22, 2026 | Diana Sroka Director | Grant or award | 20.7K | n/a | Form 4 |
| May 22, 2026 | Lawrence Marcus Director | Grant or award | 20.7K | n/a | Form 4 |
| May 22, 2026 | Eric R. Ball Director | Grant or award | 20.7K | n/a | Form 4 |
An insider buying with their own money is a stronger signal than a sale: people sell for taxes, houses and diversification. "Planned" sales were scheduled months ahead under a 10b5-1 plan. Source: SEC Form 4.
Famous investors who own it
None of the 18 famous investors I track owned SOUN at their last 13F. Who I track.
Failed trades
Show the numbers
| Failed trades (fails to deliver) | |
|---|---|
| Aug 11 | 9.3K |
| Aug 12 | 134K |
| Aug 14 | 204K |
| Aug 17 | 67K |
| Aug 18 | 1.9M |
| Aug 19 | 378K |
| Aug 20 | 1.2K |
| Aug 21 | 359K |
| Aug 24 | 88.5K |
| Aug 25 | 266K |
| Aug 26 | 200K |
| Aug 27 | 126K |
| Aug 31 | 42.2K |
| Sep 1 | 63.3K |
| Sep 2 | 453K |
| Sep 3 | 64.7K |
| Sep 4 | 96.7K |
| Sep 8 | 284K |
| Sep 9 | 609K |
| Sep 10 | 40.1K |
| Sep 11 | 458K |
| Sep 14 | 236K |
| Sep 15 | 247K |
| Sep 16 | 5.2K |
| Sep 17 | 25.7K |
| Sep 18 | 12.2K |
| Sep 21 | 41.1K |
| Sep 22 | 557K |
| Sep 23 | 839K |
| Sep 25 | 10 |
| Sep 28 | 79.6K |
| Sep 29 | 5.2K |
| Oct 1 | 41K |
| Oct 5 | 39K |
| Oct 6 | 41.7K |
| Oct 7 | 516 |
| Oct 8 | 43.9K |
| Oct 9 | 6.8K |
| Oct 13 | 108K |
| Oct 14 | 124K |
From the SEC's fails-to-deliver data, which runs two to four weeks behind. A spike can mean heavy short selling or just back-office delays; it isn't proof of anything on its own. Short interest isn't shown: FINRA's terms don't allow republishing it.
Share offerings
Selling new shares dilutes current owners. A "shelf" is permission to sell later; a 424B5 usually means a sale is actually happening.
- Sep 4, 2026424B7Prospectus for shares sold by existing holders
- Sep 4, 2026S-8Registered shares for employee stock plans
- Jul 9, 2026424B3Prospectus (often lets existing holders resell shares)
- May 11, 2026S-3ASRAutomatic shelf registration: can sell stock or debt later
- Mar 2, 2026S-8Registered shares for employee stock plans
- Aug 11, 2025S-8Registered shares for employee stock plans
- Jan 28, 2025S-3Shelf registration: can sell stock or debt later
What they told the SEC, in plain English
Every 8-K (the report a company files when something big happens) in the last two years. Red ones are worth a closer look: auditor changes, restatements, late reports, listing problems.
- Nov 5, 20268-KReleased quarterly results; Restructuring or layoff costs
- Sep 4, 20268-KSigned a major agreement; Completed buying or selling a business; Sold shares without SEC registration; Executive or board change; Shared information with investors; Other news
- Sep 4, 20268-KOther news
- Sep 2, 20268-KSold shares without SEC registration
- Aug 5, 20268-KReleased quarterly results
- Jul 24, 20268-KOther news
- Jul 2, 20268-KSigned a major agreement
- May 27, 20268-KChanged its bylaws or fiscal year; Shareholder vote results; Other news
- May 7, 20268-KReleased quarterly results
- Apr 30, 2026SCHEDULE 13GAn investor reported a 5%+ stake
- Apr 29, 2026SCHEDULE 13GAn investor reported a 5%+ stake
- Apr 21, 20268-KSigned a major agreement; Sold shares without SEC registration; Shared information with investors
- Mar 18, 20268-KExecutive or board change
- Feb 26, 20268-KReleased quarterly results
- Nov 17, 20258-K/ASigned a major agreement
- Nov 6, 20258-KReleased quarterly results
- Sep 9, 20258-KSigned a major agreement; Completed buying or selling a business; Shared information with investors; Other news
- Aug 13, 2025SCHEDULE 13GAn investor reported a 5%+ stake
- Aug 7, 20258-KReleased quarterly results
- May 30, 20258-KShareholder vote results; Other news
- May 8, 20258-KReleased quarterly results
- Mar 4, 2025NT 10-KSaid its annual report will be late
- Feb 27, 20258-KReleased quarterly results
- Nov 12, 20248-KReleased quarterly results
What changed in the latest annual report
Comparing the risk factors in the 10-K filed Mar 2, 2026 with the one filed Mar 11, 2025: 1 new and 0 removed, out of 53.
New this year
- Although SoundHound is not directly impacted by the tariffs as a software-as-a-service ("SaaS") provider, SoundHound's business or stock price may be adversely affected by the imposition of duties and tariffs and other trade barriers and retaliatory countermeasures on our customers implemented by…
Matched by each risk's headline, so a reworded risk can show up as new. This year's report · last year's.
Search inside SoundHound AI's filings
Opens the SEC's own full-text search in a new tab, limited to SOUN. Every SOUN filing on EDGAR.