Overview
- Revenue grew 68% year over year in the third quarter of 2025, and management expects full-year sales to more than double 2024 levels.
- IDC MarketScape named SoundHound a leader in general-purpose conversational AI, citing rapid platform updates across front- and back-office uses.
- Its voice technology is deployed broadly in automotive and restaurant settings, with new customer wins spreading into additional industries.
- The company’s market value recently hovered near $5 billion as the stock fell about 42% in 2025 through Nov. 18 after averaging 82% annual gains over three years.
- Commentary likens today’s growth profile to Nvidia’s 2023 phase but underscores key differences in profitability, competition, and valuation.