SoundHound AI Boosts 2025 Revenue Outlook to $160M-$178M Amid Voice Commerce Surge

SoundHound AI raised its 2025 revenue outlook to $160M-$178M, driven by a 217% YoY increase in Q2 revenue to $43M. The company reported significant growth across automotive, AI customer service for enterprise, and AI and automation for restaurants. CEO Keyvan Mohajer highlighted the all-time strongest quarter in Q2.

SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, has reported its financial results for the second quarter of 2025, marking its strongest quarter to date. The company's revenue for the quarter reached $42.7 million, representing a 217% year-over-year increase. This significant growth was driven by strong performance across key business units, including AI for automotive, enterprise AI for customer service, and AI automation for restaurants.

The company's CEO and Co-Founder, Keyvan Mohajer, commented on the quarter's performance, stating, "In SoundHound’s strongest ever quarter, many of our previous strategic moves delivered high-impact results with growth across every business unit. We realized significant new wins as well as cross-sell deals, demonstrating the incredible opportunity we predicted with our 2024 acquisitions." [1]

SoundHound AI's second-quarter financial highlights include a GAAP gross margin of 39.0%, a non-GAAP gross margin of 58.4%, a GAAP net loss of ($74.7) million, and a non-GAAP net loss of ($11.9) million. The company also reported an adjusted EBITDA loss of ($14.3) million. [1]

The company's business highlights for the quarter include notable achievements in various sectors. In the automotive industry, SoundHound secured a significant new win in China for its voice assistant to be integrated into a major OEM with vehicles spanning China and worldwide. Additionally, the company expanded its presence in the Indian market with KIA and other OEMs. In the restaurant sector, SoundHound reported numerous wins, renewals, expansions, and cross-selling deals. Notable cross-selling of the Amelia enterprise platform to a marquee restaurant customer for customer service support, as well as new wins with Red Lobster, Peter Piper Pizza, Applebee’s | IHOP, and successful renewal with MOD Pizza, were among the key achievements. [1]

SoundHound AI also expanded its presence in the healthcare sector, adding customers such as Primary Health Solutions and one of the world's largest healthcare companies, as well as deploying solutions with healthcare system Allina Health. The company signed two multi-hundred unit personal care companies and a home services company with over 500 locations to deploy Smart Answering, and continued to attract additional fitness chains. In the financial services sector, the company either renewed or had upsells with 4 out of the top 10 global financial institutions, expanding into new lines of business and doubling automated conversation volume from the previous year. [1]

The company's CFO, Nitesh Sharan, commented on the quarter's performance, stating, "Q2 was a strong quarter where our underlying momentum manifested in financial results, and our earlier investments began showing outsized returns. We are moving with speed to capture the explosion we’re seeing in the voice and conversational AI industry, where customers across sectors are realizing the tremendous value they can achieve by adopting our market-leading solutions." [1]

SoundHound AI has also raised its full year 2025 revenue outlook to a range of $160 - $178 million. [1]

References:
[1] https://investors.soundhound.com/news-releases/news-release-details/soundhound-ai-reports-record-second-quarter-all-time-high-427