Filing Flows › Soundthinking (SSTI) › Q1 2026
Soundthinking (SSTI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Soundthinking (SSTI) reported revenue of $24.2M for the first quarter 2026 (Q1 2026), -15% from a year earlier and -2% from the quarter before. Operating margin was -28.4%, net loss $7.0M (29.0% of revenue).
Soundthinking, Q1 2026: revenue $24.2M (-15% year over year), operating margin -28.4%, net loss $7.0M, operating cash flow $207K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.2M | -2% | -15% |
| Operating profit | −$6.9M | — | — |
| Net earnings | −$7.0M | — | — |
| Operating cash flow | $207K | -95% | — |
What changed
Revenue was $24.2M in Q1 2026, down 15% year over year and down 2% from the previous quarter. Subscription Maintenance and Support Services was the largest line at 99% of revenue. Subscription Maintenance and Support Services lost $4.0M year over year (down 14%), 96% of the total change.
Gross margin was 46.6%, down 12.0 points from Q1 2025. Operating costs exceeded revenue by $6.9M, an operating margin of -28.4%. Operating expenses grew 2% against a revenue fall of 15%. The quarter ended with a net loss of $7.0M, wider than the previous quarter's $2.8M loss.
Operating cash flow was $207K. Non-cash charges added back $2.4M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items added $2.3M. Capital expenditures of $1.7M exceeded it, leaving free cash flow of −$1.5M.
Questions
What was Soundthinking's revenue in the first quarter 2026?
Soundthinking (SSTI) reported revenue of $24.2M for the first quarter 2026 (Q1 2026), -15% from a year earlier and -2% from the quarter before.
Was Soundthinking profitable in the first quarter 2026?
Operating loss was $6.9M (-28.4% of revenue) and net loss $7.0M.
Source: Soundthinking 10-Q on SEC EDGAR.