GURUFOCUS.COM » STOCK LIST » Technology » Software » SoundHound AI Inc (NAS:SOUN) » Definitions » Revenue

SoundHound AI (SoundHound AI) Revenue : $50.76 Mil (TTM As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is SoundHound AI Revenue?

SoundHound AI's revenue for the three months ended in Mar. 2024 was $11.59 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $50.76 Mil. SoundHound AI's Revenue per Share for the three months ended in Mar. 2024 was $0.04. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.20.

During the past 12 months, the average Revenue per Share Growth Rate of SoundHound AI was 15.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 4 years, SoundHound AI's highest 3-Year average Revenue per Share Growth Rate was 2.30% per year. The lowest was 2.30% per year. And the median was 2.30% per year.


SoundHound AI Revenue Historical Data

The historical data trend for SoundHound AI's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SoundHound AI Revenue Chart

SoundHound AI Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Revenue
13.02 21.20 31.13 45.87

SoundHound AI Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.71 8.75 13.27 17.15 11.59

Competitive Comparison of SoundHound AI's Revenue

For the Software - Application subindustry, SoundHound AI's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SoundHound AI's Revenue Distribution in the Software Industry

For the Software industry and Technology sector, SoundHound AI's Revenue distribution charts can be found below:

* The bar in red indicates where SoundHound AI's Revenue falls into.



SoundHound AI Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $50.76 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SoundHound AI  (NAS:SOUN) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


SoundHound AI Revenue Related Terms

Thank you for viewing the detailed overview of SoundHound AI's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


SoundHound AI (SoundHound AI) Business Description

Traded in Other Exchanges
N/A
Address
5400 Betsy Ross Drive, Santa Clara, CA, USA, 95054
SoundHound AI Inc is an innovator of conversational intelligence, offering an independent Voice AI platform that enables businesses across industries to deliver high-quality conversational experiences to customers.
Executives
Timothy Stonehocker officer: Chief Technology Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Michael Zagorsek officer: Chief Operating Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Lawrence Marcus director 2105 WOODSIDE RD., WOODSIDE CA 94062
Nitesh Sharan officer: Chief Financial Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Keyvan Mohajer director, 10 percent owner, officer: CEO 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Majid Emami 10 percent owner, officer: VP, Engineering 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
James Ming Hom director, officer: VP, Products 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Diana Sroka director 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Eric R. Ball director C/O GLU MOBILE INC., 45 FREMONT STREET, SUITE 2800, SAN FRANCISCO CA 94105
Global Catalyst Partners Iii L P 10 percent owner 6239 MOJAVE DRIVE, SAN JOSE CA 95120
Zubin Irani officer: Chief Revenue Officer 5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Global Catalyst Venture Management Iii, Llc 10 percent owner 6239 MOJAVE DRIVE, SAN JOSE CA 95120
Stephen N Cannon director, 10 percent owner, officer: Chief Executive Officer 13/F TOWER 2, NEW WORLD TOWER, 18 QUEENS ROAD CENTRAL, HONG KONG K3 K3 00000
Bryant B Edwards director 25/28 OLD BURLINGTON STREET, LONDON X0 W1S 3AN
Daniel L Sheehan officer: Chief Operating Officer 38 KEYES AVENUE SUITE 204, SAN FRANCISCO CA 94129