SoundHound AI, Inc., a global leader in voice artificial intelligence, announced its financial results for Q2 2025, ending June 30, 2025, with a record-breaking revenue of $42.7 million, a 217% year-over-year increase. The company raised its full-year revenue outlook to $160–$178 million, driven by strong growth across automotive, restaurant, and enterprise AI sectors.
Revenue reached $42.7 million, up 217% from Q2 2024, beating estimates of $32.88 million.
Non-GAAP gross margin at 58.4%; adjusted EBITDA loss at $14.3 million.
Non-GAAP EPS loss of $0.03, outperforming expected loss of $0.09.
Full-year 2025 revenue guidance raised to $160–$178 million.
Key wins in automotive (China OEM, KIA), restaurants (Red Lobster, Chipotle), and healthcare (Allina Health).
Stock closed at $10.80, near 12-month target of $11.00.
SoundHound AI reported Q2 2025 revenue of $42.7 million, a 217% increase from $13.5 million in Q2 2024, surpassing analyst expectations of $32.88 million. The non-GAAP gross margin was 58.4%, with a non-GAAP net loss of $11.9 million and an adjusted EBITDA loss of $14.3 million, slightly higher than the $13.8 million loss in Q2 2024 due to continued growth investments. The GAAP net loss was $74.7 million, impacted by a non-cash loss from contingent acquisition liabilities tied to stock price fluctuations. Non-GAAP EPS was a loss of $0.03, beating forecasts of a $0.09 loss. The company’s cash position stood at $246 million with no debt as of March 31, 2025.
“In SoundHound’s strongest ever quarter, many of our previous strategic moves delivered high-impact results with growth across every business unit,” said Keyvan Mohajer, CEO and Co-Founder of SoundHound AI. The company saw significant traction in key verticals:
Automotive: Secured a major OEM deal in China for its voice assistant, supporting multiple new languages, and expanded with KIA in India. The LLM-enhanced Chat AI rolled out across three major North American brands.
Restaurants: Achieved wins with Red Lobster, Peter Piper Pizza, and Applebee’s/IHOP, with expansions at Chipotle, Firehouse Subs, and others. Cross-sold the Amelia platform to a marquee restaurant customer for enhanced customer service.
Healthcare: Added clients like Primary Health Solutions and Allina Health, plus one of the world’s largest healthcare companies.
Financial Services: Engaged with 7 of the top 10 global financial institutions, with renewals and upsells in four, doubling automated conversation volume year-over-year.
Retail: Signed two multi-hundred-unit personal care companies and a home services firm with over 500 locations for Smart Answering.
SoundHound AI advanced its agentic AI capabilities with the launch of Amelia 7, adopted by 15 large enterprise clients. The company also progressed voice commerce pilots with major automotive brands in the U.S. and Europe, enabling food, coffee, and parking orders. Strategic partnerships with EXL, Par Technologies, Acrelec, and AVANT Communications expanded its reach in restaurants and enterprise markets, while a doubled interaction volume with a CRM-focused partner underscored its growing ecosystem.
SoundHound raised its 2025 revenue guidance to $160–$178 million, a 6% increase over the prior consensus of $159.6 million, reflecting confidence in sustained growth. The company’s stock closed at $10.80, just below the $11.00 analyst target, with a positive outlook from analysts citing no “sell” ratings. The firm’s 2024 acquisitions, including Amelia and SYNQ3, have driven cross-sell opportunities, positioning SoundHound as a leader in voice and conversational AI.
SoundHound AI’s record-breaking Q2 2025 performance, coupled with strategic wins and an optimistic outlook, reinforces its dominance in voice AI across automotive, restaurant, healthcare, and financial sectors. With a robust cash position and no debt, the company is well-equipped to capitalize on the growing demand for agentic AI solutions.
SoundHound, a global leader in voice and conversational intelligence, delivers AI solutions that allow businesses to offer superior experiences to their customers. Built on proprietary technology, SoundHound’s voice AI delivers best-in-class speed and accuracy in numerous languages to product creators and service providers across retail, financial services, healthcare, automotive, smart devices, and restaurants. The company’s various groundbreaking AI-driven products include Smart Answering, Smart Ordering, Dynamic Drive-Thru, and the Amelia Platform, which powers AI Agents for enterprise. In addition, SoundHound Chat AI, a powerful voice assistant with integrated Generative AI, and Autonomics, a category-leading operations platform that automates IT processes, have allowed SoundHound to power millions of products and services, and processes billions of interactions each year for world class businesses.
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