SoundThinking Revenue Down 15%, Shares Fall 6%

SoundThinking reported Q1 2026 revenue of $24.2 million, a 15% YoY decline and below the $27.31 million consensus.
The company posted a loss of $0.54 per share versus the expected $0.15 loss, and adjusted EBITDA turned negative $0.1 million.
Shares dropped 6.3% after the release; gross profit fell 32% to $11.3 million, margin shrinking to 47% from 59%.
SoundThinking reaffirmed FY2026 revenue guidance of $109‑111 million and EBITDA margin target of 16‑18%, and expects ARR to rise to $110 million by 2027.