secwatch.observer — SEC 8-K summary
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Issuer:     SOUNDTHINKING, INC. (SSTI)
CIK:        0001351636
Form:       8-K
Filed at:   2026-05-14T20:17:50+00:00
Accession:  0001351636-26-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SoundThinking Q1 revenue down 15% to $24.2M; net loss widens to $7.0M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1351636/000135163626000004/0001351636-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1351636/000135163626000004/ssti-20250513.htm
  HTML page:      https://secwatch.observer/filing/0001351636-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer