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SoundHound AI posts record Q3 revenue, aims for adjusted EBITDA profitability by late 2027

Company Fundamentals
05 Nov 2026, 23:04 WIB
GlobeNewsWire
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Bullish
SoundHound AI posts record Q3 revenue, aims for adjusted EBITDA profitability by late 2027

SoundHound AI reported a record $62.4 million revenue in Q3 2026, up 48.5% year-over-year, driven by its OASYS AI platform and the recent acquisition of LivePerson. The company expects to achieve sustained adjusted EBITDA profitability in the second half of 2027, supported by cost synergies and a shift to more predictable hosted service revenue models. SoundHound also secured multiple enterprise contracts across healthcare, automotive, and consumer sectors, signaling strong market demand. The company projects 2026 revenue between $250M-$260M and 2027 revenue between $350M-$400M, highlighting its growth trajectory.

As of Nov 06, 2026 04:25 WIB, SoundHound AI Inc (SOUN) trades at USD 3.96 on Pluang, down 8.33% in the last day. The stock shows strong investor interest with 100% buy order activity and a typical hold time of 27 days. Despite the recent price dip, the company maintains a substantial market cap of $1.94 billion.

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