Remarkably little is known about the acoustic features of laughter, despite laughter’s ubiquitous role in human vocal communication. Outcomes are described for 1024 naturally produced laugh bouts recorded from 97 young adults. Acoustic analysis focused on temporal characteristics, production modes, source‐ and filter‐related effects, and indexical cues to laugher sex and individual identity. The results indicate that laughter is a remarkably complex vocal signal, with evident diversity in both production modes and fundamental frequency characteristics. Also of interest was finding a consistent lack of articulation effects in supralaryngeal filtering. Outcomes are compared to previously advanced hypotheses and conjectures about this species‐typical vocal signal.