SoundHound AI Inc (SOUN) - Net Assets
Based on the latest financial reports, SoundHound AI Inc (SOUN) has net assets worth $463.79 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($688.17 Million) and total liabilities ($224.39 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of SoundHound AI Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $463.79 Million |
| % of Total Assets | 67.39% |
| Annual Growth Rate | 68.65% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 874.55 |
SoundHound AI Inc - Net Assets Trend (2019–2025)
This chart illustrates how SoundHound AI Inc's net assets have evolved over time, based on quarterly financial data. Also explore SoundHound AI Inc (SOUN) total assets for the complete picture of this company's asset base.
Annual Net Assets for SoundHound AI Inc (2019–2025)
The table below shows the annual net assets of SoundHound AI Inc from 2019 to 2025. For live valuation and market cap data, see market value of SoundHound AI Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $463.79 Million | +153.92% |
| 2024-12-31 | $182.65 Million | +548.44% |
| 2023-12-31 | $28.17 Million | +177.04% |
| 2022-12-31 | $-36.56 Million | +89.35% |
| 2021-12-31 | $-343.24 Million | -24.20% |
| 2020-12-31 | $-276.35 Million | -1472.30% |
| 2019-12-31 | $20.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SoundHound AI Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 72428400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $40.00K | 0.01% |
| Other Comprehensive Income | $140.00K | 0.03% |
| Other Components | $1.42 Billion | 306.32% |
| Total Equity | $463.79 Million | 100.00% |
SoundHound AI Inc Competitors by Market Cap
The table below lists competitors of SoundHound AI Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
National Storage REIT
AU:NSR
|
$2.77 Billion |
|
Centrais Elétricas Brasileiras S.A. - Eletrobrás
NYSE:EBR-B
|
$2.77 Billion |
|
Four Corners Property Trust Inc
NYSE:FCPT
|
$2.77 Billion |
|
Mivne Real Estate KD Ltd
TA:MVNE
|
$2.77 Billion |
|
Beijing Venustech Inc
SHE:002439
|
$2.77 Billion |
|
Regional S.A.B. de C.V
MX:RA
|
$2.77 Billion |
|
KCC Corporation
KO:002380
|
$2.77 Billion |
|
Eurazeo
PA:RF
|
$2.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SoundHound AI Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 182,653,000 to 463,786,000, a change of 281,133,000 (153.9%).
- Net loss of 14,006,000 reduced equity.
- New share issuances of 212,357,000 increased equity.
- Other comprehensive income decreased equity by 65,000.
- Other factors increased equity by 82,847,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-14.01 Million | -3.02% |
| Share Issuances | $212.36 Million | +45.79% |
| Other Comprehensive Income | $-65.00K | -0.01% |
| Other Changes | $82.85 Million | +17.86% |
| Total Change | $- | 153.92% |
Book Value vs Market Value Analysis
This analysis compares SoundHound AI Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.36x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 5.51x to 8.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $1.74 | $9.56 | x |
| 2020-12-31 | $-15.83 | $9.56 | x |
| 2021-12-31 | $-1.72 | $9.56 | x |
| 2022-12-31 | $-0.23 | $9.56 | x |
| 2023-12-31 | $0.12 | $9.56 | x |
| 2024-12-31 | $0.54 | $9.56 | x |
| 2025-12-31 | $1.14 | $9.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SoundHound AI Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.29%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.48x
- Recent ROE (-3.02%) is above the historical average (-118.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -320.13% | -839.74% | 0.12x | 3.19x | $-66.48 Million |
| 2020 | 0.00% | -571.61% | 0.20x | 0.00x | $-46.77 Million |
| 2021 | 0.00% | -375.24% | 0.43x | 0.00x | $-45.22 Million |
| 2022 | 0.00% | -374.93% | 0.82x | 0.00x | $-113.06 Million |
| 2023 | -315.74% | -193.88% | 0.30x | 5.37x | $-91.75 Million |
| 2024 | -191.99% | -414.06% | 0.15x | 3.03x | $-368.95 Million |
| 2025 | -3.02% | -8.29% | 0.25x | 1.48x | $-60.38 Million |
Industry Comparison
This section compares SoundHound AI Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,053,721,914
- Average return on equity (ROE) among peers: -264.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SoundHound AI Inc (SOUN) | $463.79 Million | -320.13% | 0.48x | $2.77 Billion |
| Adobe Systems Incorporated (ADBE) | $224.60 Million | 19.41% | 0.25x | $93.73 Billion |
| ADEIA CORP (ADEA) | $1.45 Billion | 10.11% | 0.86x | $3.00 Billion |
| Automatic Data Processing Inc (ADP) | $2.32 Billion | 19.64% | 0.66x | $76.36 Billion |
| Autodesk Inc (ADSK) | $1.31 Billion | 14.01% | 0.85x | $48.93 Billion |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $71.03 Million |
| Agilysys Inc (AGYS) | $130.78 Million | 13.07% | 0.44x | $1.91 Billion |
| Firefly Neuroscience, Inc. (AIFF) | $109.00K | -2388.07% | 23.23x | $24.73 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.47 Million | 0.00% | 0.00x | $10.77 Million |
| Alight Inc (ALIT) | $5.09 Billion | -1.22% | 1.21x | $408.76 Million |
| Alkami Technology Inc (ALKT) | $14.64 Million | -285.93% | 2.60x | $1.72 Billion |
About SoundHound AI Inc
SoundHound AI, Inc. provides independent voice artificial intelligence (AI) solutions that enables businesses across the automotive, TV, IoT, and customer service industries to deliver conversational experiences to customers in the United States, Korea, France, Japan, Germany, and internationally. The company offers Houndify platform, which provides a suite of Houndify tools to help brands build … Read more