SoundHound AI Inc Class A Common Stock Q2 2026 Earnings Recap

SOUN Q2 2026 August 7, 2026

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SoundHound AI’s Q2 revenue and profitability metrics meaningfully outperformed expectations, driven by strong demand for its new OASYS AI platform, sending the stock up 8.8% post-earnings.

Earnings Per Share Beat

$-0.10 vs $-0.13 est.

+24.2% surprise

Revenue Beat

61897000 vs 52381910 est.

+18.2% surprise

Market Reaction

1-Day +0.0%

5-Day -7.73%

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Key Takeaways

Revenue reached a record $62 million, up 45% year-over-year and 40% sequentially.
Gross margin, adjusted EBITDA, and EPS all improved both year-over-year and sequentially.
The recently launched OASYS self-learning agentic AI platform is gaining rapid traction, enabling faster deal cycles and scaled implementations.
Strong customer wins span multiple verticals, notably health care (including a top 20 provider quadrupling spend) and financial services (renewals and expansions with leading banks and insurers).
Continued disciplined spending delivered a 33% improvement in adjusted EBITDA despite growth investments.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit SOUN on AllInvestView.

Previous Q1 2026