SOUNDHOUND AI, INC.
SOUN, SOUNW · Services-Prepackaged Software · 17.5M shares · +51%/yr ↑ shares · EDGAR filings ↗
Reference price $7.46 · est. market cap ~$130M — last insider sale, 2026-06-15 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D50Voice-AI / conversational-intelligence company — fast-growing but with deep losses and heavy cash burn, very well-funded.
Strengths
- Strong liquidity — current ratio 4.6 (90th)
Risks
- Deep losses, heavy cash burn — ROE -3%, FCF -$99M (3rd)
- Unproven path to profitability — per 10-K
- Competition (big-tech voice AI) — per 10-K
Notable findings
- Chronic dilutionShare count +51%/yr over 3y (dilution)
- Cash burnNegative free cash flow (-99.1M)
- Material weakness• We have identified material weaknesses in our internal control over financial reporting and may identify additional material weaknesses in the future, which may result in material misstatements of o
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Exec changeRecent 8-K item 5.02 8-K ↗
- Strong balance sheetStrong balance sheet — $248M cash & investments, ~10 quarters of runway
- Notable holderHeld by 4 notable fund(s): STATE STREET CORP, GOLDMAN SACHS GROUP INC, CITADEL ADVISORS LLC +1 more (as of 2026-03-31)
- Insider sellingInsider selling — 13 open-market sale(s) by 7 insider(s) (cluster of 7 insiders, ~$4M, last 6mo) Form 4 ↗
Quarterly revenue
Last 2 quarters · from SEC filings.
Key metrics
Return on equity
-3.0%
Return on assets
-2.0%
Revenue growth (QoQ)
177.7%
Current ratio
4.6×
Free cash flow
-$99M
EBITDA
-$22M
Tangible book value
$160M
Cash & investments
$248M
Cash runway
10q
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | ZAGORSEK MICHAEL | Sell | 65K | $7.46 |
| 2026-06-15 | HOM JAMES MING | Sell | 29K | $7.46 |
| 2026-06-15 | EMAMI MAJID | Sell | 29K | $7.46 |
| 2026-06-15 | MOHAJER KEYVAN | Sell | 127K | $7.46 |
| 2026-06-15 | STONEHOCKER TIMOTHY | Sell | 19K | $7.46 |
| 2026-05-22 | SROKA DIANA | Grant | 21K | — |
| 2026-05-22 | Ball Eric R. | Grant | 21K | — |
| 2026-05-22 | MARCUS LAWRENCE | Grant | 21K | — |
| 2026-03-23 | SROKA DIANA | Sell | 1.3K | $6.77 |
| 2026-03-20 | MOHAJER KEYVAN | Sell | 125K | $6.79 |
| 2026-03-20 | SHARAN NITESH | Sell | 44K | $6.79 |
| 2026-03-20 | HOM JAMES MING | Sell | 31K | $6.79 |
| 2026-03-20 | ZAGORSEK MICHAEL | Sell | 53K | $6.79 |
| 2026-03-20 | STONEHOCKER TIMOTHY | Sell | 23K | $6.79 |
| 2026-03-20 | EMAMI MAJID | Sell | 31K | $6.79 |
| 2026-01-09 | STONEHOCKER TIMOTHY | Sell | 30K | $12.00 |
| 2025-12-26 | EMAMI MAJID | Sell | 33K | $10.66 |
| 2025-12-24 | STONEHOCKER TIMOTHY | Sell | 2.1K | $10.97 |
| 2025-12-23 | SROKA DIANA | Sell | 1.3K | $10.88 |
| 2025-12-22 | ZAGORSEK MICHAEL | Sell | 73K | $11.28 |
| 2025-12-22 | STONEHOCKER TIMOTHY | Sell | 31K | $11.28 |
| 2025-12-22 | HOM JAMES MING | Sell | 43K | $11.28 |
| 2025-12-22 | EMAMI MAJID | Sell | 43K | $11.28 |
| 2025-12-22 | MOHAJER KEYVAN | Sell | 144K | $11.28 |
| 2025-12-22 | SHARAN NITESH | Sell | 61K | $11.28 |
| 2025-11-13 | SROKA DIANA | Sell | 1.3K | $12.99 |
| 2025-10-14 | SHARAN NITESH | Option exercise | 30K | $7.51 |
| 2025-10-14 | SHARAN NITESH | Sell | 30K | $21.21 |
| 2025-10-14 | SHARAN NITESH | Sell | 30K | $21.21 |
| 2025-10-08 | STONEHOCKER TIMOTHY | Sell | 71K | $20.00 |
| 2025-10-08 | EMAMI MAJID | Sell | 41K | $20.00 |
| 2025-10-08 | MOHAJER KEYVAN | Sell | 119K | $20.00 |
| 2025-09-24 | STONEHOCKER TIMOTHY | Sell | 2.2K | $17.90 |
| 2025-09-24 | EMAMI MAJID | Sell | 36K | $17.86 |
| 2025-09-22 | ZAGORSEK MICHAEL | Sell | 70K | $16.00 |
| 2025-09-22 | HOM JAMES MING | Sell | 42K | $16.00 |
| 2025-09-22 | EMAMI MAJID | Sell | 42K | $16.00 |
| 2025-09-22 | SHARAN NITESH | Sell | 30K | $17.21 |
| 2025-09-22 | MOHAJER KEYVAN | Sell | 139K | $16.00 |
| 2025-09-22 | SHARAN NITESH | Option exercise | 30K | $7.51 |
| 2025-09-22 | SHARAN NITESH | Sell | 30K | $17.21 |
| 2025-09-22 | SHARAN NITESH | Sell | 66K | $16.00 |
| 2025-09-22 | STONEHOCKER TIMOTHY | Sell | 38K | $16.00 |
| 2025-08-11 | HOM JAMES MING | Grant | 250K | — |
| 2025-08-11 | EMAMI MAJID | Grant | 250K | — |
| 2025-08-11 | MOHAJER KEYVAN | Grant | 850K | — |
| 2025-08-11 | SHARAN NITESH | Grant | 450K | — |
| 2025-08-11 | ZAGORSEK MICHAEL | Grant | 450K | — |
| 2025-07-18 | ZAGORSEK MICHAEL | Option exercise | 75K | $2.90 |
| 2025-07-18 | ZAGORSEK MICHAEL | Option exercise | 36K | $3.67 |
| 2025-07-18 | ZAGORSEK MICHAEL | Option exercise | 23K | $2.18 |
| 2025-06-24 | STONEHOCKER TIMOTHY | Sell | 3.0K | $9.68 |
| 2025-06-24 | SROKA DIANA | Sell | 2.8K | $9.94 |
| 2025-06-24 | EMAMI MAJID | Sell | 60K | $10.00 |
| 2025-06-20 | MOHAJER KEYVAN | Sell | 123K | $9.36 |
| 2025-06-20 | EMAMI MAJID | Grant | 80K | — |
| 2025-06-20 | EMAMI MAJID | Sell | 39K | $9.36 |
| 2025-06-20 | EMAMI MAJID | Sell | 41K | $9.36 |
| 2025-06-20 | HOM JAMES MING | Grant | 80K | — |
| 2025-06-20 | HOM JAMES MING | Sell | 39K | $9.36 |
| 2025-06-20 | HOM JAMES MING | Sell | 41K | $9.36 |
| 2025-06-20 | SHARAN NITESH | Grant | 100K | — |
| 2025-06-20 | SHARAN NITESH | Sell | 48K | $9.36 |
| 2025-06-20 | SHARAN NITESH | Sell | 63K | $9.36 |
| 2025-06-20 | STONEHOCKER TIMOTHY | Grant | 70K | — |
| 2025-06-20 | STONEHOCKER TIMOTHY | Sell | 33K | $9.36 |
| 2025-06-20 | STONEHOCKER TIMOTHY | Sell | 40K | $9.36 |
| 2025-06-20 | MOHAJER KEYVAN | Grant | 240K | — |
| 2025-06-20 | ZAGORSEK MICHAEL | Grant | 100K | — |
| 2025-06-20 | ZAGORSEK MICHAEL | Sell | 51K | $9.36 |
| 2025-06-20 | ZAGORSEK MICHAEL | Sell | 66K | $9.36 |
| 2025-06-20 | MOHAJER KEYVAN | Sell | 132K | $9.36 |
| 2025-06-10 | EMAMI MAJID | Sell | 132K | $10.04 |
| 2025-05-23 | SROKA DIANA | Grant | 18K | — |
| 2025-05-23 | MARCUS LAWRENCE | Grant | 18K | — |
| 2025-05-23 | Ball Eric R. | Grant | 18K | — |
| 2025-05-14 | STONEHOCKER TIMOTHY | Sell | 44K | $12.00 |
| 2025-05-12 | HOM JAMES MING | Sell | 3.8K | $10.00 |
| 2025-03-24 | HOM JAMES MING | Sell | 51K | $10.25 |
| 2025-03-24 | SROKA DIANA | Sell | 3.4K | $10.08 |
| 2025-03-24 | MOHAJER KEYVAN | Sell | 139K | $10.08 |
| 2025-03-24 | STONEHOCKER TIMOTHY | Sell | 3.3K | $10.08 |
| 2025-03-20 | ZAGORSEK MICHAEL | Sell | 52K | $9.90 |
| 2025-03-20 | SHARAN NITESH | Sell | 49K | $9.90 |
| 2025-03-20 | STONEHOCKER TIMOTHY | Sell | 28K | $9.90 |
| 2025-03-20 | EMAMI MAJID | Sell | 28K | $9.90 |
| 2025-03-20 | HOM JAMES MING | Sell | 28K | $9.90 |
| 2025-03-20 | MOHAJER KEYVAN | Sell | 119K | $9.90 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-27 | 5.03Shareholder voteOtherExhibits | filing ↗ |
| 2026-05-07 | ResultsExhibits | filing ↗ |
| 2026-04-21 | Material agreement3.02Reg FDExhibits | filing ↗ |
| 2026-03-18 | Exec/director changeExhibits | filing ↗ |
| 2026-02-26 | ResultsExhibits | filing ↗ |
| 2025-11-17 | Material agreement | filing ↗ |
| 2025-11-06 | ResultsExhibits | filing ↗ |
| 2025-09-09 | Material agreementAcquisition/dispositionReg FDOtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-27 | 2026-05-27 | 0001213900-26-061610 ↗ |
| 10-Q | 2026-05-11 | 2026-03-31 | 0001840856-26-000015 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001840856-26-000012 ↗ |
| 8-K | 2026-04-21 | 2026-04-21 | 0001213900-26-045987 ↗ |
| 8-K | 2026-03-18 | 2026-03-18 | 0001213900-26-030707 ↗ |
| 10-K | 2026-03-02 | 2025-12-31 | 0001840856-26-000006 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0001840856-26-000002 ↗ |
| 8-K/A | 2025-11-17 | 2025-09-03 | 0001840856-25-000028 ↗ |
| 10-Q | 2025-11-10 | 2025-09-30 | 0001840856-25-000022 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001840856-25-000018 ↗ |
| 8-K | 2025-09-09 | 2025-09-03 | 0001213900-25-086243 ↗ |
| 10-Q | 2025-08-11 | 2025-06-30 | 0001628280-25-039596 ↗ |