earnings
confidence high
sentiment negative
materiality 0.70
SoundThinking Q1 revenue down 15% to $24.2M; net loss widens to $7.0M
SOUNDTHINKING, INC.
- Revenue fell 15% to $24.2M; Q1 2025 included $3.5M from renewal of two delayed NYPD contracts.
- GAAP net loss of $7.0M vs $1.5M loss a year ago; adjusted EBITDA negative $0.1M vs +$4.5M.
- Gross profit dropped 32% to $11.3M; margin declined to 47% from 59%.
- Reaffirmed FY 2026 revenue guidance $109M-$111M and EBITDA margin 16%-18%.
- Expects ARR to grow from $95.4M at start of 2026 to ~$110M by early 2027.
item 2.02item 9.01