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AI brief of an SEC Form 8-K · SOUNDHOUND AI, INC. (SOUN)

SoundHound AI Q3 revenue rises 48% to $62.4 million; plans 27% workforce cut

Mixed Impact 4 of 5 earnings Written later

SoundHound AI reported third-quarter 2026 revenue of $62.4 million, up 48.5% from a year earlier, and a GAAP net loss of $46.4 million, down from $109.3 million. On November 4, 2026, the company also began a restructuring plan that cuts its global workforce by about 27%, with GAAP pre-tax charges estimated at $18 million to $22 million, mostly severance.

Key points

  • Q3 2026 revenue $62.4 million, up 48.5% year-over-year; GAAP net loss $46.4 million versus $109.3 million a year earlier
  • Q3 GAAP loss per share $0.10 versus $0.27; non-GAAP adjusted EBITDA loss widened to $20.7 million from $14.5 million
  • Restructuring plan implemented November 4, 2026: about 27% workforce reduction, $18 million to $22 million in GAAP charges, $16 million to $19 million in cash, mostly recognized in Q4 2026
  • 2026 revenue guidance $250 million to $260 million; 2027 guidance $350 million to $400 million; adjusted EBITDA positive within the second half of 2027

The filing

CompanySOUNDHOUND AI, INC. (SOUN)
Form8-K, current report
Filed with the SECNov 5, 2026, 4:04 PM ET
Accession number0001840856-26-000025

Items reported: 2.02 Results of Operations2.05 Exit / Restructuring Costs

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.