SoundHound AI publishes Q3 2026 earnings call transcript
SOUN•SoundHound AI reported Q3 2026 revenue of $62.4 million, up 48% year over year, and narrowed its 2026 revenue outlook to $250 million-$260 million. It reaffirmed 2027 revenue guidance of $350 million-$400 million and said annualized cost reductions will total at least $120 million.
1. Revenue and outlook
SoundHound AI reported third-quarter 2026 revenue of $62.4 million, up 48% year over year, during its November 5 earnings call. Management narrowed its 2026 revenue outlook to $250 million-$260 million, citing a shift from upfront licenses toward hosted contracts and an exit from negative-margin business.
2. 2027 targets and costs
Management reaffirmed 2027 revenue guidance of $350 million-$400 million and is targeting sustained positive adjusted EBITDA in the second half. Annualized cost reductions will total at least $120 million, including $80 million in executed measures expected to take full effect before January 1.
