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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $61.90M | $44.20M | $55.06M | $42.05M | $42.68M | $29.13M | $34.54M | $25.09M |
| Cost of revenue | $33.97M | $30.45M | $28.71M | $24.13M | $26.02M | $18.51M | $20.76M | $12.90M |
| Gross profit | $27.93M | $13.74M | $26.35M | $17.92M | $16.66M | $10.62M | $13.78M | $12.19M |
| Gross margin | 45.1% | 31.1% | 47.9% | 42.6% | 39.0% | 36.5% | 39.9% | 48.6% |
| Research and development | $27.13M | $26.20M | $24.84M | $22.85M | $25.81M | $24.76M | $20.39M | $19.55M |
| Selling, general and administrative | $42.62M | $44.89M | $38.62M | $40.73M | $34.07M | $30.41M | $26.00M | $25.39M |
| Operating expenses | $71.23M | $75.81M | −$16.22M | $133.81M | $94.71M | $58.62M | $270.86M | $45.96M |
| Operating income | −$43.30M | −$62.06M | $42.57M | −$115.89M | −$78.05M | −$48.00M | −$257.07M | −$33.77M |
| Operating margin | -70.0% | -140.4% | 77.3% | -275.6% | -182.9% | -164.8% | -744.2% | -134.6% |
| EBITDA | −$32.19M | −$52.10M | $131.11M | −$41.09M | −$70.28M | −$40.25M | −$250.86M | −$29.76M |
| Interest expense | −$61.00K | −$71.00K | −$113.00K | −$153.00K | −$169.00K | −$235.00K | −$1.31M | −$1.11M |
| Income before taxes | −$40.64M | −$24.23M | $42.26M | −$108.81M | −$73.47M | $130.75M | −$258.29M | −$32.24M |
| Income taxes | $2.18M | $798.00K | $2.20M | $457.00K | $1.26M | $819.00K | $311.00K | −$10.49M |
| Net income | −$42.82M | −$25.03M | $40.06M | −$109.27M | −$74.72M | $129.93M | −$258.60M | −$21.75M |
| Net margin | -69.2% | -56.6% | 72.8% | -259.9% | -175.1% | 446.1% | -748.6% | -86.7% |
| EPS, basic | −$0.10 | −$0.06 | $0.10 | −$0.27 | −$0.19 | $0.33 | −$0.69 | −$0.06 |
| EPS, diluted | −$0.10 | −$0.11 | $0.10 | −$0.27 | −$0.19 | $0.31 | −$0.69 | −$0.06 |
| Diluted shares | 438.65M | 429.78M | 409.92M | 411.70M | 402.04M | 414.16M | 375.04M | 360.39M |
Figures describe SoundHound AI shares, not any token. As of Aug 10, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.