earnings
confidence high
sentiment negative
materiality 0.85
SoundThinking Q2 revenue down 8% to $23.9M; cuts FY26 revenue guidance to $99-100M
SOUNDTHINKING, INC.
- Q2 revenue $23.9M (-8% YoY); gross profit $11.5M (48% margin, down from 53%).
- GAAP net loss $4.8M vs $3.1M loss; adjusted EBITDA $1.2M (5% of revenue) vs $3.4M (13%).
- FY26 revenue guidance cut to $99-100M from $109-111M; adjusted EBITDA margin cut to 8-9% from 16-18%.
- ARR expectation revised to >$100M by start of 2027, down from prior $110M target.
- Went live in one new city and expanded with three existing customers during Q2.