---
schema_version: "secwatch.filing_event.v1"
accession: "0001840856-22-000005"
form_type: "8-K"
ticker: "SOUN"
cik: "0001840856"
company_name: "SOUNDHOUND AI, INC."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T23:49:35.477973+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SoundHound Q3 revenue $11.2M (+178% YoY); backlog $302M +239%; cuts 10% workforce

## Summary
- Record cumulative bookings backlog of $302M, up 239% YoY; record revenue $11.2M, up 178% YoY.
- Gross margin improved to 77% from 59% YoY; net loss per share improved to $0.15 from $0.35.
- Reaffirmed FY2022 revenue guidance, narrowed to $28-$32M from prior $27-$33M.
- Announced ~10% workforce reduction and discretionary cost cuts to accelerate profitability.
- Monthly queries ~180M, more than doubled YoY; new/expanded auto deals with Stellantis, Dongfeng Peugeot, LG, Harman.

## SEC filing metadata
- accession: 0001840856-22-000005
- form_type: 8-K
- ticker: SOUN
- cik: 0001840856
- company_name: SOUNDHOUND AI, INC.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840856/000184085622000005/0001840856-22-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840856/000184085622000005/soun-20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001840856-22-000005
- JSON: https://secwatch.observer/filing/0001840856-22-000005.json
- Plain text: https://secwatch.observer/filing/0001840856-22-000005.txt

## Key facts
- Earnings Releases
  SOUNDHOUND AI, INC. reported the three and nine months ended September 30, 2022 results: revenue $11,186, net income $(28,922), EPS $(0.15). Guidance reaffirmed.
  - Period: the three and nine months ended September 30, 2022
  - Revenue: $11,186
  - Net income: $(28,922)
  - EPS: $(0.15)
  - Guidance: reaffirmed
  - Result: reported results
  source text: Three Months Ended (thousands, except per share data) September 30, 2022 September 30, 2021 Change in % Cumulative bookings backlog 1 $ 302,187 $ 89,118 239 % Revenues $ 11,186 $ 4,028 178 % Operating expenses: Cost of revenues $ 2,583 $ 1,657 56 % Sales and marketing 6,672 1,175 468 % Research and development 19,352 14,344 35 % General and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840856/000184085622000005/0001840856-22-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.