SoundHound AI raised its 2025 revenue outlook to $160M-$178M, citing momentum in voice commerce. The company reported its all-time strongest quarter in Q2, with $43M in revenue, a 217% YoY increase. Growth was seen across automotive, AI customer service for enterprise, and AI and automation for restaurants.
SoundHound AI, Inc. (SOUN) has raised its 2025 revenue outlook to $160 million to $178 million, citing momentum in voice commerce. The company reported its all-time strongest quarter in Q2, with $43 million in revenue, a 217% year-over-year increase. Growth was seen across automotive, AI customer service for enterprise, and AI and automation for restaurants [1].
The company's CEO, Keyvan Mohajer, highlighted the significant growth across key verticals. He noted that the quarter saw "another record processing more than 1 billion queries per month on our platform." The company's proprietary multimodal, multilingual foundation model, Polaris, was integrated into all solutions, and major product updates included the addition of vision AI to the conversational AI stack [1].
SoundHound AI also reported strong performance in the restaurant sector, with new wins and activations. In healthcare, the company announced new deployments with Allina Health and a signed deal with Primary Health Solutions. Partnerships were launched with Par Technologies and Acrelec, and a sales partnership was formed with AVANT Communications [1].
The company's CFO, Nitesh Sharan, stated, "Q2 is a big quarter for us, with $42.7 million in revenue up 217% year-over-year with sustained high demand for our AI solutions." He noted that the company's net revenue retention jumped from less than 90% pre-acquisition to over 120% this quarter [1].
During the earnings call, analysts expressed cautious optimism, probing for details on growth drivers, market penetration, and guidance conservatism. Management's tone remained confident and assertive during both prepared remarks and Q&A, with Mohajer repeatedly highlighting momentum, integration success, and technological differentiation [1].
References:
[1] https://seekingalpha.com/news/4482221-soundhound-ai-raises-2025-revenue-outlook-to-160m-178m-as-voice-commerce-momentum-accelerates
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