Sonos Inc SONO

Technology SIC 3651 - Household Audio & Video Equipment NAICS Manufacturing › Computer and Electronic Product Manufacturing › Audio and Video Equipment Manufacturing derived Nasdaq

Sonos is a leading audio company dedicated to elevating life through sound. Since pioneering multi-room wireless audio in 2005, Sonos has built a system that unites every dimension of sound - music, movies, stories and conversations - into one connected platform. The portfolio includes home theater speakers, components, plug-in and portable speakers, and headphones that compound in value with every room and device its customers add. Known for exceptional sound, thoughtful design, ease of use and seamless access to the world's audio content, Sonos is trusted by more than 17 million households in 60+ countries around the world.

Since we launched our first product 20 years ago, we have grown our install base by launching innovative new products, delivering a seamless customer experience, and expanding our global footprint. In fiscal 2025, existing customers accounted for approximately 45% of new product registrations. As of September 27, 2025, we had a total of nearly 53.4 million products registered in approximately 17.1 million households globally. Our customers have typically purchased additional Sonos products over time. As of September 27, 2025, 61% of our 17.1 million households had registered more than one Sonos product. As of September 27, 2025, our households owned 3.13 products on average.

Last close 17.54 2026-10-23
Market cap $2.07B 2026-06-27 share count
52-week range 12.44 - 19.82

Valuation FY2025 figures against the last close

P/S1.4x
P/E—
P/FCF19.2x
EV/EBITDA175.1x
Dividend yield—
Diluted EPS-0.51

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.44B$1.52B$1.66B$1.75B$1.72B$1.33B$1.26B$1.14B$992.5M$901.3M
Cost of revenue $812.7M$828.7M$938.8M$956.0M$906.8M$754.4M$733.5M$647.7M$536.5M$497.9M
Gross profit $630.5M$689.4M$716.5M$796.4M$810.0M$572.0M$527.3M$489.3M$456.1M$403.4M
R&D $280.0M$304.6M$301.0M$256.1M$230.1M$214.7M$171.2M$142.1M$124.4M$107.7M
SG&A $119.8M$142.3M$168.5M$170.4M$152.8M$121.0M$102.9M$85.2M$77.1M$68.5M
Total operating expenses $681.0M$737.4M$737.0M$706.8M$655.0M$599.2M$521.6M$498.2M$471.7M$434.3M
Operating income -$50.5M-$48.0M-$20.5M$89.5M$155.0M-$27.2M$5.7M-$8.9M-$15.6M-$30.9M
Interest expense $465.0K$441.0K$733.0K$552.0K$592.0K$1.5M$2.5M$5.2M$4.4M—
Pre-tax income -$50.5M-$27.2M$4.4M$68.7M$156.9M-$20.1M-$1.1M-$14.5M-$16.5M-$35.6M
Income tax $10.6M$11.0M$14.7M$1.3M$1.7M$32.0K$3.7M$1.1M$2.3M$2.6M
Net income -$61.1M-$38.1M-$10.3M$67.4M$158.6M-$20.1M-$4.8M-$15.6M-$14.2M-$38.2M
EPS, basic -0.51-0.31-0.080.531.30-0.18-0.05———
EPS, diluted -0.51-0.31-0.080.491.13-0.18-0.05-0.24-0.25-0.71
Shares, diluted (wtd. avg.) 120.8M123.2M127.7M137.8M140.3M109.8M103.8M———

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $174.7M$169.7M$220.2M$274.9M$640.1M$407.3M$338.8M$221.1M$130.8M$75.1M
Receivables $65.8M$44.5M$67.6M$101.2M$100.8M$54.9M$102.7M$73.2M$47.4M$45.3M
Inventory $171.0M$231.5M$346.5M$454.3M$185.1M$180.8M$219.8M$193.2M$113.9M$53.6M
Total current assets $504.0M$551.1M$659.6M$867.4M$957.5M$660.4M$679.1M$497.6M$301.5M—
Property, plant and equipment $72.3M$102.1M$87.1M$86.2M$71.3M$60.8M$78.1M$85.4M$95.1M—
Goodwill $82.9M$82.9M$80.4M$77.3M$15.5M$15.5M$1.0M$1.0M——
Other intangibles $75.4M$88.0M$90.0M$91.1M$24.4M$26.4M$13.0K———
Total assets $823.3M$916.3M$1.00B$1.19B$1.14B$816.1M$761.6M$587.5M$400.0M—
Accounts payable $184.1M$194.6M$188.0M$335.8M$215.0M$250.3M$251.9M$195.2M$114.5M—
Short-term debt ————$0$6.7M$8.3M$6.7M$0—
Total current liabilities $352.4M$366.2M$354.2M$535.6M$476.1M$393.0M$402.5M$296.4M$223.3M—
Long-term debt ————$0$18.3M$24.8M$33.1M$39.6M—
Total liabilities $468.1M$487.7M$483.6M$627.9M$569.8M$518.2M$480.7M$379.1M$309.7M—
Retained earnings -$112.1M-$50.9M-$12.8M-$2.5M-$69.9M-$228.5M-$208.4M-$203.6M-$188.0M—
Total equity $355.2M$428.6M$518.7M$560.5M$569.0M$297.8M$280.9M$208.4M$27.0K-$28.8M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $136.9M$189.9M$100.4M-$28.3M$253.2M$162.0M$120.6M$30.6M$64.0M$43.3M
Depreciation and amortisation $62.3M$52.4M$49.0M$38.5M$33.9M$36.4M$36.4M$39.4M$35.0M$34.3M
Stock-based compensation $81.6M$84.3M$76.9M$75.6M$62.1M$57.6M$46.6M$38.6M$36.5M$26.0M
Capital expenditure $28.7M$55.2M$50.3M$46.2M$45.5M$33.0M$23.2M$35.7M$33.6M$52.5M
Investing cash flow -$29.5M-$105.2M-$50.3M-$172.6M-$45.5M-$69.3M-$23.2M-$35.7M-$33.6M-$52.5M
Financing cash flow -$102.3M-$137.3M-$108.6M-$150.3M$25.0M-$27.1M$21.9M$94.4M$24.0M$8.0M
Buybacks $81.0M$129.0M$100.1M$150.1M$50.0M$50.0M$2.4M$911.0K$10.0M$145.0K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001314727-25-000090.

Plot the figures US dollars

  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -500M 0 500M 1B 1.5B 2B Revenue, FY2016: 901.3M Gross profit, FY2016: 403.4M Net income, FY2016: -38.2M Revenue, FY2017: 992.5M Gross profit, FY2017: 456.1M Net income, FY2017: -14.2M Revenue, FY2018: 1.1B Gross profit, FY2018: 489.3M Net income, FY2018: -15.6M Revenue, FY2019: 1.3B Gross profit, FY2019: 527.3M Net income, FY2019: -4.8M Revenue, FY2020: 1.3B Gross profit, FY2020: 572M Net income, FY2020: -20.1M Revenue, FY2021: 1.7B Gross profit, FY2021: 810M Net income, FY2021: 158.6M Revenue, FY2022: 1.8B Gross profit, FY2022: 796.4M Net income, FY2022: 67.4M Revenue, FY2023: 1.7B Gross profit, FY2023: 716.5M Net income, FY2023: -10.3M Revenue, FY2024: 1.5B Gross profit, FY2024: 689.4M Net income, FY2024: -38.1M Revenue, FY2025: 1.4B Gross profit, FY2025: 630.5M Net income, FY2025: -61.1M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $901.3M $992.5M $1.14B $1.26B $1.33B $1.72B $1.75B $1.66B $1.52B $1.44B
Gross profit $403.4M $456.1M $489.3M $527.3M $572.0M $810.0M $796.4M $716.5M $689.4M $630.5M
Net income -$38.2M -$14.2M -$15.6M -$4.8M -$20.1M $158.6M $67.4M -$10.3M -$38.1M -$61.1M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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