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NASDAQ · SERVICES-PREPACKAGED SOFTWARE · SMALL CAP

Soundthinking, Inc. SSTI

11 fiscal years on record · USD · FY2025 reported · SEC filings only
$104.1M
▲ 2.1% YoY
$-9.4M
$4.9M
▼ 69.5% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

SoundThinking, Inc. is a public safety technology company that combines data-driven solutions and strategic advisory services for law enforcement, security teams and civic leadership. As of December 31, 2025, the company employed 305 people, all but three of whom were full-time and based in the United States. As of December 31, 2025, the company had approximately 319 customers and had worked with approximately 2,100 agencies to date. Its SafetySmart™ platform includes six data-driven tools: ShotSpotter®, an outdoor gunshot detection, location and alerting system; CrimeTracer™, an agency-wide crime data and intelligence platform; CaseBuilder™, an investigative case management system for tracking, reporting and collaborating on cases; ResourceRouter™, which directs the deployment of patrol and community anti-violence resources; PlateRanger™ powered by Rekor®, an automatic license plate recognition and vehicle identification solution; and SafePointe™, an AI-based weapons detection system. The company's gunshot detection solutions consist of cloud-based software integrated with internet-enabled sensors designed to detect outdoor gunfire. SafePointe is a passive AI-based weapons detection system that replaces a queued, guard-staffed checkpoint with a free-flow screening area. The company was formed as ShotSpotter, Inc., a California corporation, in 2001, reincorporated as ShotSpotter, Inc., a Delaware corporation, in 2004, and reincorporated as SoundThinking, Inc. a Delaware Corporation in 2023.

Written from the business description in SoundThinking, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 30 March 2026. Every sentence was checked against that document before publication.

Growth

USD 104.1M
Revenue, FY2025 · full 11-year series below
Revenue $M Net income $M
FY2025 · Revenue 104.1 · Net income -9.4
50M100M
20152018202120242025
Compound annual growth
+8.7%
+17.9%
+24.3%
+4.9%
+17.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +17.9% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−9 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -8.4% · Net -9.0%
5%-20%-40%
201520202025
ROE
FY2025 · ROE -13.0%
5%10%-5%-10%-15%
201520202025
Three returns, three denominators.

Each USD of equity lost 13 cents this year.

Cash & shareholders

USD 2.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 4.9
10M20M-4M-8M
201520202025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 2.9
2.5M5.0M-2.0M-4.0M
2019202020212022202320242025

USD 2.9M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 135.8M
EquityUSD 72.2M
CashUSD 15.8M
Current ratio0.85×

Equity funds 53% of total assets.

The 11-year record

11 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
SSTI, 11-year financial record
Metric 20252024202320222021202020192018201720162015
Revenue $B0.10.10.10.10.10.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.00.0−0.00.00.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.00.00.00.00.00.00.0−0.0−0.0−0.0
Income tax $B0.00.00.00.00.0−0.0−0.0−0.00.0◌◌
Net income $B−0.0−0.0−0.00.0−0.00.00.0−0.0−0.0−0.0−0.0
Free cash flow $B0.00.00.00.00.00.00.0−0.0−0.0−0.0−0.0
EPS, diluted $−0.74−0.72−0.220.52−0.380.100.15−0.26−1.61−4.28−3.99
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend———————————
ROE %−13.0−12.5−4.013.5−13.04.08.1−18.6———
Shares out B0.010.010.010.010.010.010.010.010.010.00◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 53 reconciliationsAUDITED

Reconciled in 11 of the 11 fiscal years we could check. 18 checks were skipped: the balance sheet is not tagged before 2016. Eight checks were skipped: EPS is not tagged before 2015. Eight checks were skipped: revenue is not tagged before 2015.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2015

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