SoundHound AI Reports Record Q3 Revenue and Guides to Sustained Adjusted EBITDA Profitability within 2H 2027
Source: The Manila times
Published on: 2026-11-05 21:28
SANTA CLARA, Calif., Nov. 05, 2026 (GLOBE NEWSWIRE) -- SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice and agentic AI, today reported its financial results for the third quarter 2026. "This is a milestone moment for SoundHound. We announced another record quarter, closed our acquisition of LivePerson, and guided that the company will be adjusted EBITDA profitable within the second half of 2027," said Keyvan Mohajer, CEO and Co-Founder of SoundHound AI. "Our OASYS platform now leads its category and is positioned to become the operating system of the new agentic era, strengthened by technology from six pioneering businesses we have combined under SoundHound AI." Financial Highlights * Third quarter reported revenue was $62.4 million, an increase of 48.5% year-over-year. * Third quarter GAAP gross margin was 34.1%; non-GAAP gross margin was 50.3%. * Third quarter GAAP net...
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