Key Highlights

  • Sales for the second quarter of 2026 reached USD 61.9 million, reported August 5, 2026, which management called a record and which equals a 45% climb from USD 42.7 million a year earlier.
  • A quote of USD 4.29, up 4.12% on roughly 7.89 million shares, came from a market data feed that shows no date, so it cannot be treated as confirmed.
  • Management raised the 2026 Revenue range to USD 230 million to USD 260 million, and the company reported USD 203 million of cash and no borrowings as of June 30, 2026.
  • Third quarter numbers are scheduled for release after the close on November 5, 2026, so any judgment about that period is an expectation rather than reported data.

Record Second Quarter Raises the Bar for November 5

SoundHound AI (NASDAQ:SOUN) makes voice and agentic AI software that carmakers, restaurant chains and healthcare providers rely on. The period's growth leaned on large enterprise contracts, among them a healthcare system deal and an automotive infotainment agreement in China, each valued at seven figures. Adjusted EBITDA came in at a loss of USD 9.6 million, a smaller hole than the USD 14.3 million loss of a year before. Those numbers remained provisional until the Quarterly Report was filed, and one Gross Profit figure in the release failed to match across two tables. Any slowdown in the November 5 report would be judged against this record base.

The LivePerson Purchase Brings Size and Integration Risk

SoundHound agreed in April 2026 to acquire LivePerson for an Equity value near USD 43 million, with an implied Enterprise value of about USD 250 million. Shareholders of LivePerson approved on September 2, 2026, and the company had anticipated closing by September 4, 2026, but this research could not confirm that closing, so the filings should be checked. Guidance is to be refreshed after closing. The 2027 revenue view of USD 350 million to USD 400 million came from management and is a projection, not a forecast. Bringing a company this size into a Business that still loses money adds execution risk. Under amended terms, Tel Aviv-listed LivePerson holders receive cash capped at USD 7.5 million, while the rest receive stock inside a collar.

Losses and Thin Trading Keep Risk Elevated

Even with faster sales, the GAAP net loss hit USD 42.8 million, or USD 0.10 a share, in the quarter, and roughly USD 60 million of operating cash went out in the first half. At about USD 4.29 the stock sits under the USD 5 threshold for Penny Stock treatment, which means a few orders can move it while spreads widen and gains reverse. Nothing here suggests that a rally will hold. Watch November 5 revenue against the guidance range, cash burn, gross margin, which was 45.1% on a GAAP basis, and any update on the LivePerson integration. Gross Margin reveals how much of each revenue dollar remains after direct costs, offering a clue about whether expansion is turning profitable.

Where Things Stand

SoundHound AI (NASDAQ:SOUN) may or may not stretch its 45% revenue growth further, because the third quarter is unreported and no verified consensus number turned up. The second quarter offers a strong starting point with record sales, a raised outlook and USD 203 million of cash. Yet GAAP results show a USD 42.8 million loss, and the LivePerson transaction muddies quarter-to-quarter comparisons. The November 5 release will indicate whether growth held and how much the Acquisition adds, so the picture stays mixed until then.