analyzeportfolio
Nasdaq · Technology

SOUNDTHINKING, INC. (SSTI)

As-reported financials and SEC filings for SOUNDTHINKING, INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About SOUNDTHINKING, INC.

SoundThinking, Inc. provides public safety technology solutions primarily for law enforcement, security teams, and civic leaders. Its main product is ShotSpotter, an outdoor gunshot detection and alert system used by cities, universities, and corporations to quickly identify and respond to gunfire incidents. The company also offers additional software tools for crime data analysis, case management, resource deployment, license plate recognition, and AI-based weapons detection, mostly delivered through a software-as-a-service model.

Snapshot

Revenue
$104.1M
Revenue growth (YoY)
2.1%
Net income
$-9.4M
Diluted EPS
$-0.74
Gross margin
54.4%
Operating margin
-8.4%
Net margin
-9.0%
FCF margin
4.7%
ROE
-13.1%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$81.6M
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Soundthinking

  • Revenue grew 2.1% to $104M in FY2025, slower than the 10.0% the year before.
  • Operating margin is -8.4% in FY2025, -1.4 pp against -7.0% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $24M, down 7.7% from Q2 FY2025.
  • Free cash flow was $5M in FY2025, 4.7% of revenue.
  • Net loss widened to $9M in FY2025, from $9M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Soundthinking’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin54.4%
32nd percentile of 264
Operating margin-8.4%
29th percentile of 303
Net margin-9.0%
27th percentile of 307
FCF margin4.7%
28th percentile of 285
Revenue growth (YoY)+2.1%
27th percentile of 325
ROE-13.1%
28th percentile of 285
Short interest2.30d
33rd percentile of 330

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 6 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+6 quant / multi-strat
Initiated / added
4
1 new, 3 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$4.9M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$2.7M300.9KAdded
Millennium ManagementquantQ2 2026$734,27281.1KNew
Renaissance TechnologiesquantQ2 2026$553,24561.1KReduced
Point72 Asset ManagementquantQ2 2026$493,37054.5KAdded
Two Sigma InvestmentsquantQ2 2026$245,49927.1KReduced
Citadel AdvisorsquantQ2 2026$189,63421.0KAdded

No longer held by: D. E. Shaw (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
352.3K
settled 2026-08-14
Change vs prior
-22.6%
vs previous settlement
Days to cover
2.30
at avg daily volume
Avg daily volume
153.0K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14352.3K-22.6%2.30
2026-07-31455.4K+16.6%7.01
2026-07-15390.6K-6.7%5.26
2026-06-30418.5K-25.0%1.55
2026-06-15558.3K-16.8%4.56
2026-05-29670.9K-1.4%7.09
2026-05-15680.6K-8.7%5.94
2026-04-30745.7K+0.3%11.29

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$104.1M$102.0M$92.7M$81.0M$58.2M
Gross profit$56.6M$57.9M$52.7M$46.8M$32.5M
Operating income$-8.7M$-7.9M$-1.2M$7.7M$-4.1M
Net income$-9.4M$-9.2M$-2.7M$6.4M$-4.4M
Diluted EPS$-0.74$-0.72$-0.22$0.52$-0.38

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$15.8M$13.2M$5.7M$10.5M$15.6M
Current assets$48.6M$43.5M$40.3M$44.7M$34.3M
Total assets$135.8M$136.8M$138.7M$122.7M$72.3M
Current liabilities$57.4M$56.1M$59.8M$53.5M$34.5M
Long-term debt
Total liabilities$63.6M$64.4M$64.0M$61.8M$38.5M
Total equity$72.2M$72.4M$74.8M$60.9M$33.8M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$9.3M$22.2M$11.0M$12.2M$9.8M
Capital expenditure$4.4M$6.3M$5.1M$10.9M$7.8M
Free cash flow$4.9M$15.9M$5.9M$1.3M$2.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$23.9M-7.7%$-4.8M$-0.37
Q1 FY2026$24.2M-14.7%$-7.0M$-0.54
Q4 FY2025$24.8M5.9%$-2.8M$-0.22
Q3 FY2025$25.1M-4.4%$-2.0M$-0.16
Q2 FY2025$25.9M-4.0%$-3.1M$-0.24
Q1 FY2025$28.3M11.6%$-1.5M$-0.12
Q4 FY2024$23.4M-10.1%$-4.1M$-0.32
Q3 FY2024$26.3M9.5%$-1.4M$-0.11

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industryServices-Prepackaged Software
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2006
SEC CIK1351636

Selected SEC filings

10-K2026-03-30
View on EDGAR →
10-Q2026-08-14
View on EDGAR →
10-Q2026-05-15
View on EDGAR →
10-Q2025-11-13
View on EDGAR →
8-K2026-08-13
View on EDGAR →
8-K2026-06-04
View on EDGAR →
8-K2026-05-14
View on EDGAR →
8-K2026-03-10
View on EDGAR →

Largest software peers

All software stocksAll Technology companies →

Monitor SSTI

Get an alert when Soundthinking files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor SSTI free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.