SOUN Q4 2024 Earnings — Income Statement Breakdown

For its Q4 2024 period (ending 2024-12-31), SOUN reported revenue of $35M, gross profit of $14M (39.9% gross margin), operating income of −$257M, and net income of −$351M (-1015.2% net margin). The flow of revenue into costs and profit is visualized below.

What changed

SOUN reported a net loss; revenue grew 37.7% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+37.7%−280.8%−648.3 pp

Consensus estimate data is not available for this report.

SOUN Q4 2024 Income Statement

SOUN Q4 2024 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$35M100%
Cost of Revenue−$21M60.1%
Gross Profit$14M39.9%
Research & Development0.0%
Selling, General & Administrative0.0%
Other Operating Expenses−$271M784.1%
Operating Income−$257M-744.2%
Other Income, net−$93M270.1%
Income Tax Expense−$311,0000.9%
Net Income−$351M-1015.2%

Source: original SEC filing (filed 2025-02-27). Accession 0001840856-25-000008. Data normalized by EarningsFyi.