greeksoup/ stock research
Stock research / United States / SONO · Household Audio & Video Equipment · Nasdaq

Sonos Inc. (SONO)

Compare with another name

Sonos Inc. (SONO) reported revenue of $375 million for Q3 FY2026, the quarter ended 27 June 2026, up 8.8% on the same quarter a year earlier. Net income was $30 million, and diluted earnings per share $0.25. The figures are the company's own, from the 10-Q it filed with the SEC on 29 July 2026.

Revenue$375 millionup 8.8%
Net income$30 million
Diluted EPS$0.25
QuarterQ3 FY2026ended 27 June 2026

Sonos (SONO) in brief

Sonos (SONO) reported revenue of $1.4 billion for fiscal 2025, the year ended 27 September 2025, down 4.9% on the year before.
Read moreNet loss was $61 million and the diluted loss per share $0.51. Revenue was $1.5 billion in fiscal 2024, $1.7 billion in fiscal 2023, $1.8 billion in fiscal 2022 and $1.7 billion in fiscal 2021. Net income in the same years was a loss of $38 million, a loss of $10 million, $67 million and $159 million. Over the twelve months to 27 June 2026, Sonos reported revenue of $1.5 billion and net income of $57 million. Revenue grew 1.7% a year, compounded, over the five years to fiscal 2025. Sonos had 118 million shares outstanding at the latest filed count. At 27 June 2026 it carried $0 million of debt and $207 million of cash. At the close of 9 October 2026 the market cap of Sonos was $2.0 billion, 37.5 times its earnings over the last twelve months.

Ratios

From the filings

ROE14.1%
ROCE16.3%
Operating margin4.4%
Net margin3.8%
FCF margin8.4%
Interest cover143.72
Debt to equity0.00
Cash conversion2.58
Share count, 1 year-2.1%
Sales CAGR, 3 years-6.3%
Profit CAGR, 3 yearsn/a
EPS, TTM$0.46

At the close of 9 October 2026

Price$17.25
Market cap$2.0 billion
Stock P/E37.51
Price to book5.06
EV / EBITDA15.74
Dividend yieldn/a
Market cap / sales1.37
52-week high$19.16
52-week low$12.70
Price, 1 year-2.7%
Price CAGR, 3 years12.5%
Price CAGR, 5 years-10.8%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Sonos Inc.'s balance sheet shows no borrowings, so debt here is nil; lease liabilities are a separate line. Nothing here is a valuation or a view.
SONOgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on SONO

Filings16 in twelve months: 7 current reports (8-K), about 4 results of operations; 3 officer or director change; 2 regulation FD disclosure; 1 charter or bylaw amendment, or fiscal year change; 1 shareholder vote
Planned insider sales6 Form 144 notices in twelve months, $4.9 million; latest 25 September 2026
Options tapeput/call 0.12 by open interest at the 9 October 2026 close; the straddle prices a 5.2% move to 16 October 2026
13F holders7 of the followed funds hold it; largest Geode Capital Management; 6 Schedule 13D or 13G filings in twelve months
Insider trading6 sales and 17 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest14.5 million shares short, 6.00 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q4 FY2023Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue305613253397255551260345288546282375
Cost of revenue177330141206152309146195162292157186
Gross profit128283112192103241114150126253125189
Gross margin42%46%44%48%40%44%44%43%44%46%44%50%
R&D65.579.280.374.270.880.877.459.862.059.864.167.9
Operating income-28.479.7-71.012.6-69.448.1-61.2-2.9-34.4100-31.631.5
Operating margin-9%13%-28%3%-27%9%-24%-1%-12%18%-11%8%
Interest expense0.10.10.10.10.10.10.10.10.10.10.10.1
Pre-tax income-32.592.9-70.512.6-62.343.8-59.2-0.8-34.3102-31.134.3
Tax raten/a13%n/a71%n/a-15%n/an/an/a8%n/a13%
Net income-31.280.9-69.73.7-53.150.2-70.1-3.4-37.993.8-28.929.9
Net margin-10%13%-28%1%-21%9%-27%-1%-13%17%-10%8%
Diluted EPS-$0.25$0.64-$0.56$0.03-$0.42$0.40-$0.58-$0.03-$0.30$0.75-$0.24$0.25
Operating cash flow22.2275-11163.5-37.7156-59.737.42.9163-65.446.2
Capital expenditure10.26.110.223.215.813.15.64.85.36.04.85.9
Free cash flow12.0269-12140.3-53.5143-65.232.7-2.3157-70.240.3
Buybacks55.023.552.852.50.327.233.40.020.425.040.130.2
Shares outstanding125m124m123m121m122m119m120m121m120m121m119m118m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 11 fiscal years and the trailing twelve months

FY2015FY2016FY2017FY2018FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue8449019931,1371,2611,3261,7171,7521,6551,5181,4431,490
Cost of revenue461498536648733754907956939829813797
Gross profit382403456489527572810796716689631693
Gross margin45.3%44.8%45.9%43.0%41.8%43.1%47.2%45.4%43.3%45.4%43.7%46.5%
Research and developmentn/a108124142171215230256301305280254
Operating incomen/a-30.9-15.6-8.95.7-27.215589.5-20.5-48.0-50.566.0
Operating marginn/a-3.4%-1.6%-0.8%0.5%-2.1%9.0%5.1%-1.2%-3.2%-3.5%4.4%
Interest expensen/an/a4.45.22.51.50.60.60.70.40.50.5
Pre-tax incomen/a-35.6-16.5-14.5-1.1-20.115768.74.4-27.2-50.570.9
Income tax3.22.6-2.31.13.70.0-1.71.314.711.010.614.0
Effective tax raten/an/an/an/an/an/a-1.1%2.0%333.8%n/an/a19.7%
Net income-68.8-38.2-14.2-15.6-4.8-20.115967.4-10.3-38.1-61.156.9
Net margin-8.2%-4.2%-1.4%-1.4%-0.4%-1.5%9.2%3.8%-0.6%-2.5%-4.2%3.8%
Diluted EPSn/a-$0.71-$0.25-$0.24-$0.05-$0.18$1.13$0.49-$0.08-$0.31-$0.51$0.46
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by product or service

FY2023FY2024FY2025Share
latest year
Sonos speakers1,2931,1701,12277.7%
Sonos system products28526824917.3%
Partner products and other revenue76.880.772.25.0%
Sonos speakersSonos system productsPartner products and other revenue
1,655FY20231,518FY20241,443FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2015FY2016FY2017FY2018FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flown/a43.364.030.6121162253-28.3100190137147
Capital expendituren/a52.533.635.723.233.045.546.250.355.228.721.9
Free cash flown/a-9.230.4-5.297.4129208-74.550.1135108125
Free cash flow marginn/a-1.0%3.1%-0.5%7.7%9.7%12.1%-4.3%3.0%8.9%7.5%8.4%
Cash from investingn/a-52.5-33.6-35.7-23.2-69.3-45.5-173-50.3-105-29.5-23.3
Cash from financingn/a8.024.094.421.9-27.125.0-150-109-137-102-117
Depreciation and amortisationn/an/an/a39.436.436.433.938.549.052.462.350.6
Share-based compensationn/a26.036.538.646.657.662.175.676.984.381.663.4
Buybacksn/a0.110.00.92.450.050.015010012981.0116
Diluted shares, weightedn/an/an/an/a104m110m140m138m128m123m121m121m
Shares outstanding at period endn/an/a59m100m109m112m127m127m125m122m120m118m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2015FY2016FY2017FY2018FY2019 †FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity-19.9-28.80.0208281298569561519429355404
Redeemable equity88.690.390.30.00.00.0n/an/an/an/an/an/a
Debtn/an/a39.639.833.224.90.00.00.00.00.00.0
Operating lease liabilitiesn/an/an/an/a0.050.434.025.655.056.653.350.2
Other liabilitiesn/an/a270339448443536602429431415428
Total liabilities and equityn/an/a4005877628161,1391,1881,002916823882
Owned
Fixed assetsn/an/a95.185.478.160.871.386.287.110272.360.1
Goodwilln/an/an/a1.01.015.515.577.380.482.982.982.9
Intangible assetsn/an/an/an/a0.026.424.491.190.088.075.464.4
Cash and equivalents76.474.9131221339407640275220170175207
Receivablesn/a45.347.473.210354.910110167.644.565.8117
Inventoryn/a53.6114193220181185454347232171158
Other assetsn/an/a13.113.821.370.5101104110198181192
Total assetsn/an/a4005877628161,1391,1881,002916823882
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded5.5%1.7%-6.3%5.6%
Profit growth, compoundedn/an/an/an/a
Return on equity, average-5851.1%2.4%-9.4%-17.2%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Sonos' revenue in fiscal 2025?

Sonos (SONO) reported revenue of $1.4 billion for fiscal 2025, the year ended 27 September 2025, down 4.9% on the year before.

How much did Sonos earn in fiscal 2025?

Net loss was $61 million for fiscal 2025, and the diluted loss per share $0.51.

What is Sonos' P/E ratio?

At the close of 9 October 2026, Sonos traded at 37.5 times its earnings over the twelve months to 27 June 2026.

What is Sonos' market cap?

The market cap of Sonos was $2.0 billion at the close of 9 October 2026.

How much debt does Sonos have?

At 27 June 2026 Sonos carried $0 million of debt and $207 million of cash.

Peers: Recreation

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Sony Group Corporation SONY *$142.4 billionn/a-4.0%11.6%3.7%0.130.6%
Hasbro, Inc. HAS$13.2 billion16.79108.7%23.4%17.0%4.163.0%
Mattel Inc. MAT$4.8 billion12.2721.4%7.8%2.9%1.170.0%
Acushnet Holdings Corp. GOLF$4.6 billion21.5723.8%13.7%8.8%1.011.2%
Knowles Corp. KN$3.2 billion48.808.5%14.5%12.8%0.16n/a
Yeti Holdings, Inc. YETI$2.9 billion17.3729.3%12.2%6.2%0.16n/a
Callaway Golf Co. CALY$2.4 billionn/a-12.2%9.6%3.7%0.000.1%
Peloton Interactive, Inc. PTON$2.2 billion36.27n/a6.6%-1.8%n/an/a
Sonos Inc. SONO$2.0 billion37.5114.1%4.4%5.6%0.00n/a
2 companies share its SEC industry code (Household Audio & Video Equipment); the rest are the names nearest in size in its wider industry, Recreation, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q27 June 202629 July 2026EDGAR
10-Q28 March 20265 May 2026EDGAR
10-Q27 December 20254 February 2026EDGAR
10-K27 September 202514 November 2025EDGAR
10-Q28 June 20256 August 2025EDGAR
10-Q29 March 20258 May 2025EDGAR
10-Q28 December 20246 February 2025EDGAR
10-K28 September 202415 November 2024EDGAR
10-Q29 June 20248 August 2024EDGAR
10-Q30 March 20248 May 2024EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install