SoundHound AI Inc
NASDAQ:SOUN
Net Margin
SoundHound AI Inc
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
Country | Company | Market Cap |
Net Margin |
||
---|---|---|---|---|---|
US |
S
|
SoundHound AI Inc
NASDAQ:SOUN
|
7B USD |
-172%
|
|
US |
![]() |
Ezenia! Inc
OTC:EZEN
|
567B USD |
-130%
|
|
US |
![]() |
Palantir Technologies Inc
NYSE:PLTR
|
423.2B USD |
22%
|
|
DE |
![]() |
SAP SE
XETRA:SAP
|
264.1B EUR |
18%
|
|
US |
![]() |
Salesforce Inc
NYSE:CRM
|
238.5B USD |
17%
|
|
US |
![]() |
Applovin Corp
NASDAQ:APP
|
218B USD |
46%
|
|
US |
![]() |
Intuit Inc
NASDAQ:INTU
|
196B USD |
21%
|
|
US |
N
|
NCR Corp
LSE:0K45
|
170.6B USD |
39%
|
|
US |
![]() |
Adobe Inc
NASDAQ:ADBE
|
155.5B USD |
30%
|
|
US |
![]() |
Cadence Design Systems Inc
NASDAQ:CDNS
|
101.9B USD |
20%
|
|
US |
![]() |
Synopsys Inc
NASDAQ:SNPS
|
95.5B USD |
31%
|
SoundHound AI Inc
Glance View
SoundHound AI Inc. emerged from the evolving landscape of voice recognition technology with a bold vision: to revolutionize the way machines understand and process human speech. Situated at the intersection of artificial intelligence and audio recognition, SoundHound's journey began with its proprietary technology, Houndify, which enables developers to integrate voice-enabled conversational interfaces into their products. This flexible platform offers unique capabilities like understanding complex queries and executing multiple tasks in a single interaction, differentiating it from traditional voice recognition systems that typically handle commands linearly. SoundHound's pursuit of perfection in natural language understanding—and its emphasis on high accuracy in real-time—positions it as a formidable player for businesses looking to enhance user experience through voice interaction. Revenue generation for SoundHound AI is multifaceted, drawn primarily from two sources: licensing its voice AI technology and creating tailored solutions for disparate industries, including automotive, retail, and hospitality. By partnering with global giants such as Hyundai and Mercedes-Benz, SoundHound embeds its voice recognition capabilities into vehicles, enhancing in-car user engagement without the need for physical interaction. Similarly, retailers and service providers leveraging SoundHound's technology can offer voice-enabled shopping or customer service experiences, catering to modern consumers’ preference for efficient, hands-free interactions. This business model not only underscores SoundHound's adaptability and commitment to innovation but also ensures a steady stream of revenue from both subscription-based services and bespoke implementation of its cutting-edge solutions.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on SoundHound AI Inc's most recent financial statements, the company has Net Margin of -171.8%.