SoundHound AI more than doubled its top line in the first nine months of 2025, driving revenue from $28 million in Q1–Q3 2024 to $61 million over the same period in 2025. This performance comes after a setback when a major investor exited its stake late last year, weighing on the stock. In response, SoundHound acquired Amelia Technologies in November 2025 to enhance its agentic AI capabilities. The integration of Amelia’s context-aware dialogue engine with SoundHound’s proprietary natural language understanding platform is designed to deliver scalable, voice-first customer service solutions for enterprises seeking automation across call centers, IVR systems and in-car infotainment.

With shares trading at approximately 12.5 times forward sales, SoundHound AI’s valuation compares favorably to peers in the conversational AI space, which average 18–22 times forward revenue. Investors receive a growth multiple that reflects SoundHound’s 65% compound annual growth rate over the past two years, while still pricing in a margin of safety. Management projects full-year 2026 revenue north of $150 million, implying year-over-year growth of at least 80%, driven by new enterprise contracts and expanded adoption of its Amelia-powered solutions.

By the end of 2025, SoundHound’s voice AI suite was deployed in over 120 enterprise accounts across two key verticals: automotive infotainment and hospitality guest services. In automotive, partnerships with three Tier-1 OEMs have led to over 200,000 vehicles on the road with SoundHound’s voice assistant installed. In hospitality, integrations at 45 hotel chains have processed more than 500,000 voice queries for room service and concierge support. Management forecasts an acceleration in bookings for 2026, expecting at least 70 new enterprise deals by year-end and targeting an annualized booking run rate of $200 million.