MetaCap

SoundHound AI (SOUN) vs SPS Commerce (SPSC)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

SPS Commerce (SPSC) has outperformed SoundHound AI (SOUN) over the past year, losing 22.6% versus a loss of 69.1%. SPS Commerce is the larger company by market cap ($2.92 billion vs $2.50 billion), about 1.2 times the size, while SoundHound AI is growing revenue faster (+99.4% vs +17.8%). SPS Commerce converts more of its revenue into profit, with a net margin of 12.4% versus -8.3%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

SOUN-69.07%SPSC-22.55%
+22%-26%-73%
Oct 7, 20251 yearOct 7, 2026
SOUN-13.38%SPSC-32.29%
+286%+92%-102%
Apr 25, 20225 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

SOUN versus SPSC key metrics
MetricSOUNSPSC
Share price$5.63$81.00
Market cap$2.50B$2.92B
1-day change-1.57%-0.02%
YTD return-43.53%-9.12%
1-year return-69.07%-22.55%
5-year return—-50.29%
P/E ratio (TTM)—39.13
Forward P/E—15.21
EPS (TTM)$-0.62$2.07
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$168.92M$751.50M
Revenue growth (YoY)+99.45%+17.83%
Net income (latest FY)$-14.01M$93.34M
Gross margin42.36%69.18%
Operating margin-13.78%15.74%
Net margin-8.29%12.42%
52-week high$22.17$114.87
52-week low$5.60$49.04
Distance from 52-week high-74.61%-29.49%
Analyst consensusstrong_buynone
Avg. price target upside+123.27%-6.85%
Average volume27.66M551.30K
Shares outstanding411.58M36.00M
Employees9542,948
SectorTechnologyTechnology
IndustryComputer Software: Prepackaged SoftwareComputer Software: Prepackaged Software

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • SPSC has outperformed SOUN by 46.5 percentage points over the past year.
  • SPS Commerce is more profitable, keeping 12.4 cents of every revenue dollar as net income versus -8.3 cents for SoundHound AI.
  • SoundHound AI grew revenue faster in its latest fiscal year (+99.45% vs +17.83%).

About SoundHound AI

SOUN stock →

SoundHound AI, Inc. provides independent voice artificial intelligence (AI) solutions that enables businesses across the automotive, TV, IoT, and customer service industries to deliver conversational experiences to customers in the United States, Korea, France, Japan, Germany, and internationally.

Technology · Computer Software: Prepackaged Software · 954 employees

About SPS Commerce

SPSC stock →

SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States.

Technology · Computer Software: Prepackaged Software · 2,948 employees

SOUN vs SPSC FAQ

Which is bigger, SoundHound AI or SPS Commerce?

SPS Commerce (SPSC) is larger, with a market capitalization of $2.92B compared with $2.50B for SoundHound AI (SOUN).

Which stock has performed better over the past year, SOUN or SPSC?

SPSC returned -22.55% over the past 12 months, compared with -69.07% for SOUN (price return, excluding dividends). Past performance does not predict future results.

Are SoundHound AI and SPS Commerce in the same industry?

Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.

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