Soundhound AI, Inc. (SOUN) intrinsic value & 10-year financials
Soundhound AI, Inc. (SOUN) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 6 fiscal years revenue grew 68.0% a year to $168.9M, with an average return on invested capital of -1773.3%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $4.72
- Market cap
- $1.9B
- Revenue (FY2025)
- $168.9M
- Revenue growth (6-yr CAGR)
- 68.0%
- ROIC (10-yr avg)
- -1773.3%
- Free cash flow (FY2025)
- -$99.1M
SOUN 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $168.9M | -$14.0M | -$0.28 | -$99.1M | -13.8% | -22.8% |
| FY2024 | $84.7M | -$350.7M | -$1.04 | -$109.5M | -403.0% | -9301.7% |
| FY2023 | $45.9M | -$88.9M | -$0.40 | -$68.7M | -149.6% | -823.8% |
| FY2022 | $31.1M | -$115.4M | -$0.73 | -$95.3M | -338.6% | 1274.0% |
| FY2021 | $21.2M | -$981.9K | -$1.18 | -$1.5M | -4.8% | 7.9% |
| FY2020 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
SOUNDHOUND AI, INC. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
SOUNDHOUND AI, INC. has historically struggled to out-earn its cost of capital, averaging just -20.7% ROIC.
SOUNDHOUND AI, INC. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, SOUNDHOUND AI, INC. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-9.30 per share.