Company / PP&E (Net)
SOUNDHOUND AI, INC. PP&E (Net) History
FY2021-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest PP&E (Net)
$1.2M
FY2024
5-year range
$1.2M / $6.2M
FY2021-FY2024
Trend
-18.2%
vs FY2023
Sector context
#294 of 296
Information Technology
What the data says
Among 296 Information Technology companies, SOUNDHOUND AI, INC. is in the bottom 1% for pp&e (net). PP&E (Net) has declined for 3 consecutive years, from $6M in FY2021 to $1M in FY2024.
Based on SEC 10-K filings.
$1M in FY2024 with a 3-year CAGR of -41.4%.
Declined from $3M to $1M over the past 2 years.
Information Technology sector context is included.
PP&E (Net) over time
Growth rates
- 3-Year CAGR
- -41.4%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 1% in Information TechnologyTop 99% of 296This company $1.2M Sector average $1.7B
▼
-99.9% below sector average
Key checks
Key Insights
- SOUNDHOUND AI, INC.'s pp&e (net) has declined for 3 consecutive years.
- 3-year CAGR of -41.4%, indicating a declining trend.
- In FY2024, pp&e (net) decreased 18.2% year-over-year.
- Ranks #294 out of 296 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 | PP&E (Net)Value | YoY GrowthYoY |
|---|---|---|
| FY2024 | $1.2M | -18.2% |
| FY2023 | $1.5M | -56.0% |
| FY2022 | $3.4M | -44.0% |
| FY2021 | $6.2M | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026