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AppLovin vs. SoundHound AI: Comparing Recent Revenue Growth Trajectories for These Tech Companies
Key Points
AppLovin currently demonstrates a visibly stronger revenue profile, consistently maintaining a massive financial footprint and larger baseline of total recognized sales when compared against SoundHound's smaller commercial operations.
Over the course of the last eight quarters, the two companies largely experienced consistently positive quarter-over-quarter revenue expansions, reflecting sustained top-line momentum across their different business structures.
Investors monitoring these financial metrics should closely watch whether the absolute top-line gap between the two companies continues to widen over time or if it eventually begins to narrow in upcoming periods.
AppLovin: Steady Top-Line Expansion Over the Past Year
AppLovin (NASDAQ:APP) primarily generates revenue by offering a structured software ecosystem that directly assists mobile application developers in their efforts to market, monetize, and analytically track their various digital application offerings.
While officially opening its core advertising network to general self-serve access for external e-commerce brands and navigating internal executive leadership transitions, it reported a net income margin of 66% for the quarter ended June 30, 2026.
SoundHound AI: Rapid Top-Line Growth From a Much Smaller Base
SoundHound AI (NASDAQ:SOUN) mainly earns revenue by delivering customized voice technology tools that allow a variety of corporate clients to integrate conversational assistants into their daily consumer-facing software applications and physical devices.
It advanced a pending corporate acquisition agreement with LivePerson alongside publicly securing new commercial service contracts, and it reported a net income margin of negative 69% for the quarter ended June 30, 2026.
Why Revenue Trajectories Matter for Investors
Revenue represents the total amount of money brought in by a company's business operations, which serves as a crucial baseline indicator of overall commercial demand, customer acquisition success, and fundamental long-term viability.
Comparing Recent Quarterly Revenue for AppLovin and SoundHound AI
| Quarter (Period End) | AppLovin Revenue | SoundHound AI Revenue |
|---|---|---|
| Q3 2024 (Sept. 2024) | $835.2 million | $25.1 million |
| Q4 2024 (Dec. 2024) | $1.4 billion | $34.5 million |
| Q1 2025 (March 2025) | $1.2 billion | $29.1 million |
| Q2 2025 (June 2025) | $1.3 billion | $42.7 million |
| Q3 2025 (Sept. 2025) | $1.4 billion | $42.0 million |
| Q4 2025 (Dec. 2025) | $1.7 billion | $55.1 million |
| Q1 2026 (March 2026) | $1.8 billion | $44.2 million |
| Q2 2026 (June 2026) | $1.9 billion | $61.9 million |
Data source: Company filings. Data as of Aug. 12, 2026.
Foolish Take
A revenue comparison between AppLovin and SoundHound AI illustrates the differences between the former's focus on the digital advertising industry and the latter's niche of automated voice assistants powered by artificial intelligence. AppLovin commands far higher sales, given its larger market. Over the last six quarters, it's also demonstrated consistent quarter-over-quarter revenue growth, a testament to the strength of its offerings.
Despite this, AppLovin shares dropped to a 52-week low of $303.17 on Aug. 12. Wall Street analysts downgraded the stock because its second-quarter revenue of $1.9 billion missed expectations.
SoundHound experiences a more typical pattern of year-over-year sales increases, although some of that growth comes from acquisitions. Its April announcement that the company is acquiring LivePerson points to continued revenue expansion.
In fact, SoundHound estimates its 2027 sales will reach between $350 million and $400 million with the acquisition of LivePerson. It forecasted 2026 revenue to be in the range of $230 million to $260 million, an increase from its previous full-year guidance thanks to its second-quarter sales of $61.9 million, which represents strong 45% year-over-year growth.
Robert Izquierdo has positions in SoundHound AI. The Motley Fool has positions in and recommends SoundHound AI. The Motley Fool has a disclosure policy.