SoundHound AI reports $44.2 million in Q1 revenue, up 52% year-over-year, but holds full-year guidance steady at $225M-$260M.
SoundHound AI, an AI voice agent company, posted record first-quarter revenue of $44.2 million, a 52% increase from the prior year. The company serves industries including retail, finance, and healthcare, with recent agreements like a Walmart partnership for its TV brand.
Despite the strong quarter, SoundHound reaffirmed its 2026 full-year revenue guidance of $225 million to $260 million, disappointing investors who anticipated a raise. Concerns also linger over its pending acquisition of LivePerson, a conversational AI competitor.
Shares of SoundHound AI and Aurora Innovation, both trading under $10, reflect speculative interest in non-chipmaker AI growth stocks amid broader market gains in semiconductor firms.