SoundHound AI IncWidening adjusted loss and declining gross margins reported in previous quarters, with upcoming earnings report expected to be weak

SoundHound AI shares have fallen 35% so far in 2026, and the company is set to report its latest quarterly results next week. The stock dropped sharply after both of its previous earnings reports this year, even after posting 52% revenue growth in the first quarter. Its adjusted loss widened to $26.6 million last quarter from $22.3 million a year earlier, while gross margins declined to 31.1% from 35.5%. Acquisitions have boosted revenue but also added risk and cost, making organic performance harder to assess. The stock remains above its 52-week low of $5.83, but the article argues there is no guarantee it has bottomed and advises against buying before the report.
SoundHound AI IncWidening adjusted loss and declining gross margins reported in previous quarters, with upcoming earnings report expected to be weak
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