Sonos Inc (SONO)
Globally, Sonos, Inc., along with its affiliates, focuses on the creation, production, and distribution of advanced multi-room sound systems. Its portfolio encompasses wireless loudspeakers, home cinema setups, various system components, and associated peripherals. Customers can acquire these products through a broad array of channels: approximately 10,000 third-party retailers, which often include bespoke home audio integrators; numerous online merchants; and directly from the company's official website, sonos.com. Established in 2002, the enterprise originally traded as Rincon Audio, Inc. until its renaming to Sonos, Inc. in May 2004. Its corporate headquarters are situated in Santa Barbara, California.
Sector: Household Audio & Video Equipment
Industry: Consumer Electronics
Sonos, Inc.
NASDAQ:SONOTechnology · Consumer Electronics
-0.93%$17.54
AH Close$17.54+0.01%vs close
AH Close$17.54+0.01%vs close
Mkt Cap$2.07B
Float66.24M
O/S118.29M
Inst Own100.8%
SI21.8%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.44B
Net Income-$61.14M
Total Assets$823.28M
Free Cash Flow$108.19M
Debt & Equity
Debt 14%
Equity 86%
Total Debt$59.62M
Total Equity$355.23M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in SONO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$823.28M
Liabilities$468.05M
Accounts Receivable$65.85M
Accounts Payable$184.11M
Inventory$171.02M
PP&E (Net)$117.57M
Goodwill$82.85M
Intangible Assets$75.36M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-27 | 2024-09-28 | 2023-09-30 | 2022-10-01 | 2021-10-02 | 2020-10-03 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 |
| Revenue | $1.44B | $1.52B | $1.66B | $1.75B | $1.72B | $1.33B | $1.26B | $1.14B | $992.53M | $901.28M | $843.52M |
| YoY Growth | -4.9% | -8.3% | -5.5% | 2.1% | 29.4% | 5.2% | 10.9% | 14.6% | 10.1% | 6.8% | - |
| Cost of Revenue | $812.75M | $828.68M | $938.76M | $955.97M | $906.75M | $754.37M | $733.48M | $647.7M | $536.46M | $497.88M | $461.39M |
| Gross Profit | $630.53M | $689.37M | $716.49M | $796.37M | $809.99M | $571.96M | $527.34M | $489.31M | $456.06M | $403.4M | $382.14M |
| Gross Margin | 43.7% | 45.4% | 43.3% | 45.4% | 47.2% | 43.1% | 41.8% | 43.0% | 45.9% | 44.8% | 45.3% |
| Research and Development | $279.97M | $304.56M | $301M | $256.07M | $230.08M | $214.67M | $171.17M | $142.11M | $124.39M | $107.73M | $100.65M |
| Selling, General, and Administrative | $378.13M | $426.75M | $426.94M | $450.76M | $424.95M | $384.52M | $350.47M | $356.07M | $347.28M | $326.54M | $337.23M |
| Other | $22.9M | $6.11M | $9.09M | $0 | $0 | $0 | $0 | -$1.16M | $3.36M | -$2.21M | $0 |
| Total Operating Expenses | $681M | $737.42M | $737.04M | $706.84M | $655.03M | $599.19M | $521.64M | $498.18M | $471.67M | $434.27M | $437.88M |
| Operating Income (EBIT) | -$50.47M | -$48.05M | -$20.55M | $89.53M | $154.96M | -$27.23M | $1.42M | -$8.88M | -$15.61M | -$30.87M | -$55.75M |
| Operating Margin | -3.5% | -3.2% | -1.2% | 5.1% | 9.0% | -2.1% | 0.1% | -0.8% | -1.6% | -3.4% | -6.6% |
| Interest Expense | $465K | $441K | $733K | $552K | $592K | $1.49M | $2.5M | $4.51M | $4.26M | $2.49M | $156K |
| Interest Income | $6.93M | $11.96M | $10.2M | $1.66M | $146K | $2M | $4.35M | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$29K | $20.89M | $24.94M | -$20.8M | $1.96M | $7.15M | -$6.78M | -$5.67M | -$899K | -$4.7M | -$9.79M |
| Income Before Tax (EBT) | -$50.5M | -$27.15M | $4.39M | $68.73M | $156.93M | -$20.08M | -$1.08M | -$14.55M | -$16.51M | -$35.57M | -$65.53M |
| Income Tax Expense | $10.65M | $10.99M | $14.67M | $1.35M | -$1.67M | $32K | $3.69M | $1.06M | -$2.29M | $2.64M | $3.24M |
| Net Income | -$61.14M | -$38.15M | -$10.27M | $67.38M | $158.59M | -$20.11M | -$4.77M | -$15.6M | -$14.22M | -$38.21M | -$68.78M |
| Net Income Margin | -4.2% | -2.5% | -0.6% | 3.8% | 9.2% | -1.5% | -0.4% | -1.4% | -1.4% | -4.2% | -8.2% |
| Supplementary Data | |||||||||||
| EPS | -0.51 | -0.31 | -0.08 | 0.53 | 1.30 | -0.18 | -0.05 | -0.16 | -0.16 | -0.42 | -0.77 |
| Diluted EPS | -0.51 | -0.31 | -0.08 | 0.49 | 1.13 | -0.18 | -0.05 | -0.15 | -0.13 | -0.36 | -0.77 |
| Weighted Average OS | 120.75M | 123.22M | 127.70M | 127.69M | 122.25M | 109.81M | 103.78M | 99.27M | 91.67M | 91.67M | 88.80M |
| EBITDA | $12.29M | $25.67M | $54.1M | $107.79M | $191.4M | $17.83M | $37.84M | $30.05M | $22.77M | $1.24M | -$37.52M |
| EBITDA Margin | 0.9% | 1.7% | 3.3% | 6.2% | 11.1% | 1.3% | 3.0% | 2.6% | 2.3% | 0.1% | -4.4% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-27 | 2024-09-28 | 2023-09-30 | 2022-10-01 | 2021-10-02 | 2020-10-03 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $174.67M | $169.73M | $220.23M | $274.86M | $640.1M | $407.1M | $338.64M | $220.93M | $130.59M | $74.91M |
| Short-Term Investments | $52.86M | $51.43M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $227.53M | $221.16M | $220.23M | $274.86M | $640.1M | $407.1M | $338.64M | $220.93M | $130.59M | $74.91M |
| Accounts Receivable | $65.85M | $44.51M | $67.58M | $101.21M | $101.58M | $54.94M | $102.74M | $73.21M | $47.36M | $45.31M |
| Inventory | $171.02M | $231.5M | $346.52M | $454.29M | $185.13M | $180.83M | $219.78M | $193.19M | $113.86M | $53.56M |
| Other Current Assets | $39.64M | $53.91M | $0 | $0 | $30.7M | $191K | $179K | $190K | $193K | $9.62M |
| Total Current Assets | $504.04M | $551.09M | $659.63M | $867.39M | $957.51M | $660.38M | $679.11M | $497.6M | $301.47M | $183.4M |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $117.57M | $152.32M | $135.99M | $114.5M | $105.18M | $103.13M | $78.14M | $85.37M | $95.13M | $90.39M |
| Goodwill | $82.85M | $82.85M | $80.42M | $77.3M | $15.54M | $15.54M | $1M | $0 | $1M | $1M |
| Intangible Assets | $75.36M | $88.04M | $90.01M | $91.06M | $24.45M | $26.39M | $13K | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | -$1.02M | $0 | -$1M | -$1M |
| Deferred Tax Assets | $10.51M | $10.31M | $19.66M | $1.51M | $10.03M | $1.8M | $1.15M | $941K | $1.11M | $2.54M |
| Other Long-Term Assets | $32.95M | $31.7M | $16.53M | $36.63M | $26.09M | $8.81M | $3.2M | $3.59M | $2.31M | $2.54M |
| Total Long-Term Assets | $319.24M | $365.23M | $342.61M | $321M | $181.29M | $155.67M | $82.5M | $89.9M | $98.55M | $95.48M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $823.28M | $916.31M | $1B | $1.19B | $1.14B | $816.05M | $761.61M | $587.5M | $400.02M | $278.88M |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $184.11M | $194.59M | $187.98M | $335.76M | $215M | $250.33M | $251.94M | $195.16M | $114.49M | $77.87M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $6.67M | $8.33M | $6.67M | $0 | $0 |
| Current Income Tax Payable | $0 | $19.08M | $11.41M | $7.08M | $16.94M | $6.25M | $4.39M | $4.17M | $4.8M | $7.95M |
| Current Unearned Revenue | $21.77M | $21.8M | $20.19M | $27.32M | $35.87M | $15.3M | $13.65M | $11.62M | $10.92M | $7.37M |
| Other Current Liabilities | $61.1M | $54.43M | $111.41M | $131.33M | $119.91M | $59.04M | $83.02M | $45.37M | $8.5M | $31.63M |
| Total Current Liabilities | $352.41M | $366.15M | $354.22M | $535.64M | $476.13M | $393.01M | $402.47M | $296.36M | $223.27M | $151.54M |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $18.25M | $24.84M | $33.1M | $39.6M | $24.5M |
| Long-Term Unearned Revenue | $59.45M | $61.08M | $60.65M | $56.15M | $53.63M | $47.09M | $42.8M | $39.35M | $34.65M | $28.79M |
| Long-Term Deferred Tax Liabilities | $126K | $60K | $9.85M | $9.64M | $2.39M | $2.43M | $0 | $0 | $90.34M | $90.34M |
| Other Long-Term Liabilities | $2.77M | $3.82M | $3.91M | $846K | $3.65M | $7.07M | $10.57M | $10.33M | $102.48M | $102.84M |
| Total Long-Term Liabilities | $115.64M | $121.54M | $129.37M | $92.24M | $93.63M | $125.2M | $78.2M | $82.78M | $176.73M | $156.13M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $468.05M | $487.69M | $483.58M | $627.88M | $569.76M | $518.21M | $480.68M | $379.14M | $399.99M | $307.67M |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $90.34M | $90.34M |
| Common Stock | $123K | $123K | $130K | $130K | $129K | $114K | $110K | $101K | $59K | $55K |
| Retained Earnings | -$112.08M | -$50.93M | -$12.79M | -$2.51M | -$69.9M | -$228.49M | -$208.38M | -$203.61M | -$188.01M | -$173.79M |
| Comprehensive Income & Other | $1.8M | -$1.72M | -$3.44M | -$3.6M | -$1.38M | -$1.89M | -$64K | -$1.68M | -$2.17M | $321K |
| Other Stockholders' Equity | $467.18M | $479.43M | $531.32M | $562.9M | $638.81M | $526.22M | $489.19M | $411.87M | $187.97M | $144.95M |
| Total Equity | $355.23M | $428.62M | $518.66M | $560.51M | $569.04M | $297.84M | $280.93M | $208.36M | $27K | -$28.79M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $823.28M | $916.31M | $1B | $1.19B | $1.14B | $816.05M | $761.61M | $587.5M | $400.02M | $278.88M |
| Supplementary Data | ||||||||||
| Total Debt | $59.62M | $64.14M | $56.11M | $36.13M | $44.68M | $86.19M | $33.17M | $39.76M | $39.6M | $24.5M |
| Net Debt | -$115.05M | -$105.59M | -$164.12M | -$238.73M | -$595.42M | -$320.91M | -$305.47M | -$181.17M | -$91M | -$50.41M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-27 | 2024-09-28 | 2023-09-30 | 2022-10-01 | 2021-10-02 | 2020-10-03 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 |
| Operating Activities | |||||||||||
| Net Income | -$61.14M | -$38.15M | -$10.27M | $67.38M | $158.59M | -$20.11M | -$4.77M | -$15.6M | -$14.22M | -$38.21M | -$68.78M |
| Depreciation & Amortization | $62.32M | $52.38M | $48.97M | $38.5M | $33.88M | $36.43M | $36.41M | $39.36M | $35.01M | $34.32M | $27.86M |
| Deferred Income Tax | $8K | -$18.92M | -$583K | -$1.51M | -$8.33M | -$567K | -$268K | $152K | $1.44M | -$857K | $617K |
| Stock-Based Compensation | $81.56M | $84.29M | $76.86M | $75.64M | $62.13M | $57.61M | $46.58M | $38.65M | $36.55M | $25.96M | $23.28M |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | -$21.87M | $23.04M | $32.12M | -$5.51M | -$45.7M | $49.59M | -$32.08M | -$26.5M | -$2.73M | -$4.59M | -$7.17M |
| Inventory | $51.73M | $106.12M | $87M | -$277.49M | -$7.91M | $38.01M | -$31.8M | -$80.11M | -$60.27M | $5.88M | -$16.04M |
| Accounts Payable | -$14.44M | -$789K | -$162.34M | $129.69M | -$4.87M | -$20.55M | $85.41M | $64.82M | $56.49M | $5.26M | $46.94M |
| Other Working Capital | $12.52M | -$25.6M | $4.29M | -$76.72M | $61.03M | $5.84M | $14.4M | $7.19M | $14.53M | $10.65M | $20.19M |
| Total Working Capital Change | $27.94M | $102.78M | -$38.94M | -$230.03M | $2.56M | $72.89M | $35.93M | -$34.6M | $8.03M | $17.2M | $43.92M |
| Other Non-Cash Items | $26.18M | $7.52M | $24.37M | $21.76M | $4.39M | $15.74M | $6.75M | $2.62M | -$2.85M | $4.88M | $11.77M |
| Net Cash from Operating | $136.87M | $189.91M | $100.41M | -$28.26M | $253.23M | $161.99M | $120.64M | $30.57M | $63.96M | $43.29M | $38.66M |
| Investing Activities | |||||||||||
| Capital Expenditures | -$28.68M | -$55.25M | -$50.29M | -$46.22M | -$45.53M | -$33.03M | -$23.22M | -$35.75M | -$33.55M | -$52.52M | -$65.65M |
| Acquisitions | $0 | $0 | $0 | -$126.42M | $0 | -$36.29M | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$57.94M | -$90.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $57.1M | $40.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $134K |
| Net Cash from Investing | -$29.52M | -$105.24M | -$50.29M | -$172.63M | -$45.53M | -$69.32M | -$23.22M | -$35.75M | -$33.55M | -$52.52M | -$65.52M |
| Financing Activities | |||||||||||
| Debt Repaid | - | - | - | - | $25M | $8.33M | $6.67M | $252K | -$14.99M | -$4.44M | -$20M |
| Common Stock Issuance | $4.5M | $0 | $0 | $0 | $0 | $0 | $0 | $90.56M | $10.08M | $0 | $129.92M |
| Common Stock Repurchases | -$80.98M | -$154.36M | -$129.94M | -$189.77M | -$97.85M | -$61.04M | -$2.43M | -$911K | -$10.02M | -$145K | -$130M |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$25.86M | $17.05M | $21.35M | $39.51M | $147.82M | $42.29M | $30.99M | $4.97M | $18.98M | $3.67M | $145.38M |
| Net Cash from Financing | -$102.34M | -$137.31M | -$108.59M | -$150.26M | $24.97M | -$27.09M | $21.9M | $94.37M | $23.95M | $7.97M | $35.38M |
| Forex Effect | -$71K | $2.15M | $3.85M | -$14.09M | $148K | $2.9M | -$1.61M | $1.14M | $1.32M | -$182K | -$2.79M |
| Net Change in Cash | $4.94M | -$50.5M | -$54.62M | -$365.25M | $232.81M | $68.47M | $117.7M | $90.33M | $55.68M | -$1.44M | $5.74M |
| Supplementary Data | |||||||||||
| Operating Cash Flow | $136.87M | $189.91M | $100.41M | -$28.26M | $253.23M | $161.99M | $120.64M | $30.57M | $63.96M | $43.29M | $38.66M |
| Capital Expenditure | -$28.68M | -$55.25M | -$50.29M | -$46.22M | -$45.53M | -$33.03M | -$23.22M | -$35.75M | -$33.55M | -$52.52M | -$65.65M |
| Free Cash Flow | $108.19M | $134.66M | $50.12M | -$74.48M | $207.69M | $128.95M | $97.41M | -$5.18M | $30.41M | -$9.23M | -$26.99M |
| Cash at Beginning | $169.73M | $220.23M | $274.86M | $640.1M | $407.29M | $338.82M | $221.12M | $130.59M | $74.91M | $76.35M | $70.61M |
| Cash at End | $174.67M | $169.73M | $220.23M | $274.86M | $640.1M | $407.29M | $338.82M | $220.93M | $130.59M | $74.91M | $76.35M |