SoundHound AI Q1 Revenue Soars 52%, Reaffirms Guidance

SoundHound AI (NASDAQ: SOUN) has released its first-quarter fiscal 2026 results, reporting revenue of $44.2 million—a 52% year-over-year increase—and reaffirming its full-year revenue guidance of $225 million to $260 million. The company ended the quarter with $216 million in cash and no debt. Notably, core automotive and IoT AI revenue surged 88% excluding acquisitions, signaling robust demand for its voice and agentic AI solutions. SoundHound also launched its OASYS self-learning agentic AI platform during the quarter and announced its planned acquisition of LivePerson, a move expected to expand its enterprise footprint and create a projected $500 million revenue opportunity. The company highlighted customer expansion across automotive, restaurants, financial services, healthcare, and enterprise technology, underscoring growing adoption of its AI solutions across multiple industries.

SoundHound AI is a leading voice and agentic AI company that enables businesses to deliver natural, end-to-end conversational experiences across digital and physical channels, including phones, kiosks, chat, smart devices, drive-thrus, TVs, in-vehicle, and more. Its agentic platform, OASYS, is a self-learning, orchestrated AI system where organizations can build and deploy conversational AI agents to handle transactions, tasks, and workflows on behalf of customers and employees. Built on proprietary technology backed by 400+ patents and years of AI research, SoundHound serves leading brands across industries including automotive, financial services, healthcare, retail, telecommunications, and more. It powers millions of products and processes billions of interactions annually for enterprise customers worldwide.

To view the full press release, visit https://ibn.fm/Ydo1C. For more information about SoundHound AI, visit https://www.soundhound.com/. AINewsWire is a specialized communications platform focused on the latest advancements in artificial intelligence, and is one of 75+ brands within the Dynamic Brand Portfolio @ IBN. AINewsWire delivers access to a vast network of wire solutions via InvestorWire, article and editorial syndication to 5,000+ outlets, enhanced press release enhancement, social media distribution via IBN to millions of social media followers, and a full array of tailored corporate communications solutions. AINewsWire is where breaking news, insightful content and actionable information converge.