SoundHound AI, Inc. (NASDAQ: SOUN) announced first-quarter 2026 revenue of $44.2 million, a 52% increase year over year, driven by strong demand for its voice and agentic AI solutions. The company also reaffirmed its full-year revenue guidance of $225 million to $260 million and reported ending the quarter with $216 million in cash and no debt.
Core automotive and IoT AI revenue grew 88% year over year, excluding acquisitions, reflecting sustained adoption across key verticals. During the quarter, SoundHound launched its OASYS self-learning agentic AI platform and announced the planned acquisition of LivePerson, a move expected to expand its enterprise footprint and create a projected $500 million revenue opportunity.
The company highlighted customer expansion across automotive, restaurants, financial services, healthcare, and enterprise technology, underscoring growing adoption of its AI solutions. SoundHound’s agentic platform, OASYS, enables organizations to build and deploy conversational AI agents to handle transactions, tasks, and workflows on behalf of customers and employees.
For more details, the full press release is available at https://ibn.fm/Ydo1C.
