SoundHound AI revenue jumps 45% with strong growth outlook despite losses

SoundHound AI reported a 45% revenue increase to $61.9 million in Q2, with improved gross margins. The acquisition of LivePerson broadens its customer base and intellectual property, potentially unlocking $500 million in revenue from existing clients. The company benefits from competitive advantages like data sovereignty and superior latency, supporting a projected revenue growth of 66.4%, well above industry peers. Despite ongoing losses and negative cash flow, SoundHound's narrowing losses, solid cash reserves, and strong deal momentum support a positive outlook for future growth.

SoundHound AI trades at USD 4.22 on Pluang, down 3.21% as of Oct 30, 2026 19:12 WIB, with a market cap of $1.94 billion. Despite the recent price drop, all Pluang order activity shows 100% buy interest, indicating strong investor demand. The stock's typical hold time on Pluang is 26 days, reflecting a moderately active trading pattern amid the company's reported growth.