AppLovin reported second-quarter 2026 revenue of $1.9 billion, missing Wall Street expectations and sending shares to a 52-week low of $303.17 on August 12. SoundHound AI posted $61.9 million in revenue for the same quarter, up 45% year over year, and raised its full-year 2026 guidance to between $230 million and $260 million. SoundHound also estimates 2027 sales of $350 million to $400 million, including its pending acquisition of LivePerson. AppLovin's net income margin was 66% for the quarter, while SoundHound's was negative 69%.
Applovin CorpRevenue miss sent shares to 52-week low
SoundHound AI IncRevenue beat and raised guidance
LivePerson IncAcquisition by SoundHound expected to boost future revenue
