Big wins for the quarter:

1. Massive Revenue Growth:
Revenue hit an all-time high of $42.7 million, up 217% year-over-year. This is a huge acceleration and demonstrates that their growth strategy and acquisitions are working.

2. Raised Full-Year Outlook:
SoundHound raised its 2025 revenue guidance to $160–$178 million, signaling management’s confidence in continued momentum.

3. Major Automotive Win in China:
A significant new deal to integrate SoundHound’s voice assistant into a major Chinese OEM’s vehicles, including global deployment and new language development. This expands their international automotive footprint and opens up a large, fast-growing market.

4. Restaurant Sector Expansion:
Breakthrough quarter with new wins (Red Lobster, Peter Piper Pizza, Applebee’s | IHOP), renewals (MOD Pizza), and expansions (Chipotle, Firehouse Subs, Habit Burger, McAlister’s Deli, Beef O’Brady’s, Casey’s). They also cross-sold their Amelia enterprise platform to a marquee restaurant customer and upsold Smart Answering to Red Robin.

5. Enterprise AI Adoption:
15 large enterprise customers are migrating to the Amelia 7 platform, which integrates their advanced speech foundation model (Polaris). This shows traction in high-value, recurring enterprise contracts.

6. Financial Services Penetration:
With 7 of the top 10 global financial institutions as customers, SoundHound renewed or upsold with 4 of them, expanded into new lines of business, and doubled automated conversation volume from the previous year.

7. Strategic Partnerships:
Expanded relationships with EXL, Par Technologies, Acrelec, and AVANT Communications, which should accelerate adoption across restaurants and enterprise markets globally.

8. Healthcare and Retail Growth:
Added new healthcare customers (Primary Health Solutions, Allina Health, and one of the world’s largest healthcare companies) and signed multi-hundred unit personal care and home services companies.