SoundHound AI reports Q3 2026 results, closes LivePerson deal and guides to 2027 profitability
SoundHound AI announced third‑quarter 2026 revenue of $62.4 million, up 48.5% year‑over‑year, and a GAAP net loss of $(46.4) million. The company completed its LivePerson acquisition on September 4, 2026, and expects the deal to generate about $120 million of annual cost savings by 2027. Management guided 2026 revenue to $250‑$260 million and 2027 revenue to $350‑$400 million, and said it expects adjusted EBITDA to turn positive in the second half of 2027.
Why it matters
The guidance raises the revenue floor for 2026 and sets a clear profitability target for 2027, which could affect valuation models and investor expectations. Cantor Fitzgerald lowered its price target to $10, reflecting the revised outlook.
Key facts
- 1Q3 2026 revenue was $62.4 million, a 48.5% increase YoY. stocktitan.net
- 2GAAP net loss for the quarter was $(46.4) million. stocktitan.net
- 3LivePerson acquisition closed on September 4, 2026. stocktitan.net
- 4The company expects $120 million of annual cost reductions from the acquisition by 2027. stocktitan.net
- 52026 revenue guidance was tightened to $250 million‑$260 million. zacks.com
- 62027 revenue guidance was reaffirmed at $350 million‑$400 million. zacks.com
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.