Good day, and thank you for standing by. Welcome to SoundHound Quarter 1 2026 Earnings Conference Call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Scott Smith, Head of...
Scott Smith
Head of Investor Relations
0.00Good afternoon, and thank you for joining our first quarter 2026 conference call. With me today is our CEO and Co-Founder, Keyvan Mohajer; our CFO and Co-Founder, James Hom; and our COO, Mike Zagorsek. We will begin with some short remarks before moving to...
Keyvan Mohajer
CEO and Co-Founder
0.90Thank you, Scott, and thank you, everyone, for joining the call today. SoundHound started the year strong with top line growth exceeding 50%. And excluding the impact of all acquisitions, our automotive and IoT AI business was up 88% year-over-year. Overall,...
James Hom
CFO and Co-Founder
0.60Thank you, Keyvan, and good afternoon, everyone. In Q1, we had $44.2 million in revenue, up 52% year-over-year. Each quarter that passes is another milestone on our journey and our pace is increasing at every turn. Innovation and disruption in our industry is...
Our first question comes from Gil Luria of D.A. Davidson.
Gil Luria
Analyst (D.A. Davidson)
0.00I wanted to ask for you to expand on the M&A strategy here. You touched on it a little bit at the outset, but I think it will help investors get into your mindset, especially as you're making larger and larger acquisitions with this particular approach. Most...