SoundHound AI Stock Surges on Strong Q2 Revenue and Revised Outlook

SoundHound AI (SOUN) stock rebounded sharply after hours, rising 13.53% to $7.30 following stronger second-quarter revenue and an improved annual outlook.

The company reported Q2 revenue of $61.9 million, a 45% increase from the same period last year, driven by enterprise deals across healthcare, automotive, restaurants, and telecommunications.

SoundHound's adjusted EBITDA loss narrowed 33% to $9.6 million during the quarter, while its non-GAAP net loss improved 24% to $9.0 million.

The company also raised its full-year 2026 revenue outlook to between $230 million and $260 million, citing stronger second-quarter performance and growing demand for its OASYS enterprise platform.