Company / Income Tax
SOUNDHOUND AI, INC. Income Tax History
FY2021-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
-$9.2M
FY2024
5-year range
-$9.2M / $3.9M
FY2021-FY2024
Trend
-336.3%
vs FY2023
Sector context
#260 of 287
Information Technology
What the data says
Income Tax changed -336% YoY in FY2024, a notable deviation from the 3-year average annual change of +78%.
Based on SEC 10-K filings.
-$9M in FY2024.
Improved from $3M to -$9M over the past 2 years.
Information Technology sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 9% in Information TechnologyTop 9% of 287This company -$9.2M Sector average $284.0M
▼
-103.3% below sector average
Key checks
Key Insights
- In FY2024, income tax decreased 336.3% year-over-year.
- Ranks #260 out of 287 companies in the Information Technology sector.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -1.46 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | -$9.2M | -336.3% |
| FY2023 | $3.9M | +35.5% |
| FY2022 | $2.9M | +533.6% |
| FY2021 | $456.0K | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026