SoundHound AI will report first-quarter earnings for fiscal 2026 on May 7, and soun stock enters the update down around 64% from its 52-week high. The voice artificial intelligence company still posted nearly 60% quarterly growth most recently, but the market will be looking for more than top-line momentum after a year of acquisitions and losses.
May 7 and a 64% drop
64% below its 52-week high, the stock has already erased a large share of its prior move before the next earnings print. That slide leaves less room for a simple revenue beat to carry the story if the report does not show a cleaner path toward profitability.
19% lower this year, the shares have also lagged even before the May 7 release. SoundHound AI reported fourth-quarter earnings in February, so the coming quarter will be the first fresh test of whether the company can follow that update with something the market can reward.
Acquisitions and a $43 million deal
$80 million for Amelia AI in August 2024 and $43 million for LivePerson on April 21 show how quickly SoundHound has used deals to build scale. The company described LivePerson as a “pioneer in enterprise conversational AI,” and the acquisitions have helped push the top line while making organic growth harder to read.
More than $14 million in net loss in 2025 and a $163 million change in fair value of contingent acquisition liabilities point to the drag that sits behind the growth rate. That combination gives the May 7 report a sharper edge: revenue alone will not answer whether the acquisition strategy is creating a cleaner business or just a bigger one.
David Jagielski on waiting
David Jagielski, a Motley Fool contributor, said there is no rush to buy the stock and that a wait-and-see approach may be appropriate. For readers weighing the shares before May 7, that is the practical question now: whether the next set of results shows enough improvement to justify stepping in after a 64% decline, or whether the latest acquisition story still leaves too much noise in the numbers.
