SoundHound’s 59% Q4 Surge and Serve Robotics’ 321% Growth Highlight Profitability Risks
SoundHound AI reported Q4 revenue of $55.1 million, up 59% year-over-year, with adjusted EBITDA loss narrowing to $7.4 million, while shares have plunged 35.1% over three months. Serve Robotics is set to report Q4 revenue of $0.8 million, up 321% year-over-year, but is projected to lose $0.49 per share.
1. SoundHound Q4 Financial Results
SoundHound AI delivered fourth-quarter revenue of $55.1 million, a 59% increase from the prior year, and narrowed its adjusted EBITDA loss to $7.4 million. The company signed over 100 enterprise deals during the quarter, but its stock has fallen 35.1% over three months, trading near $8.27 versus a 52-week high of $22.17.
2. Serve Robotics Q4 Expectations
Serve Robotics Inc. is scheduled to release Q4 2025 results on March 11, with consensus revenue of $0.8 million, a 320.6% year-over-year jump, and an anticipated loss of $0.49 per share. The company expanded its fleet beyond 1,000 autonomous delivery robots and added partnerships with DoorDash and Uber to boost order volumes and monetize its software platform.
3. Profitability and Valuation Considerations
Despite rapid growth, SoundHound posted a 2025 non-GAAP net loss of $53.9 million and burned $98 million in operating cash, trading at 14.4X forward price-to-sales versus the industry’s 13.6X. Serve Robotics continues heavy R&D and market expansion, trading at a forward 12-month P/E of 22.5X, with both firms facing dilution and cash-burn challenges.