Company / Net Income
SOUNDHOUND AI, INC. Net Income History
FY2021-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
-$350.7M
FY2024
5-year range
-$350.7M / -$79.5M
FY2021-FY2024
Trend
-294.3%
vs FY2023
Sector context
#278 of 298
Information Technology
What the data says
Net Income changed -294% YoY in FY2024, a notable deviation from the 3-year average annual change of -106%.
Based on SEC 10-K filings.
-$351M in FY2024.
Declined from -$117M to -$351M over the past 2 years.
Information Technology sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 7% in Information TechnologyTop 93% of 298This company -$350.7M Sector average $1.7B
▼
-120.8% below sector average
Key checks
Key Insights
- In FY2024, net income decreased 294.3% year-over-year.
- Ranks #278 out of 298 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 | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | -$350.7M | -294.3% |
| FY2023 | -$88.9M | +23.8% |
| FY2022 | -$116.7M | -46.7% |
| FY2021 | -$79.5M | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026