SoundHound AI (SOUN) reported nearly doubling its revenue to approximately $169 million in 2025, with a 59% revenue increase in the fourth quarter. The growth is attributed to broad adoption across automotive, restaurants, telecom, and financial services, driven by enterprise deals and increasing usage of its voice AI platform, which handles billions of queries monthly.
Despite its rapid growth, SoundHound faces tough competition from major players like Microsoft and Alphabet, who have significant resources and market reach. SoundHound operates at a non-GAAP loss while investing heavily in R&D, competing primarily in niche voice-first applications against these dominant tech giants.
As of now, SoundHound shares have decreased by 39.3% over the past three months, compared to the industry’s decline of 19.4%. The company’s forward price-to-sales (P/S) multiple stands at 11.57, below the industry average of 12.75. The Zacks Consensus Estimate for SoundHound’s 2026 loss per share has widened to 9 cents, although still lower than last year’s 13 cents.
