SOND · Sonder Holdings Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $147.09M | $118.86M | - | $162.11M | $164.60M | $133.48M | - | $160.90M | $157.40M | $120.74M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | $3.86M | $3.94M | - | $4.43M | $4.39M | $4.67M | - | $5.34M | $5.56M | $6.58M |
| SG&A | $6.74M | $26.82M | - | $29.73M | $29.27M | $24.29M | - | $27.55M | $30.17M | $32.74M |
| Total Operating Expenses | $153.97M | $182.50M | - | $196.04M | $196.30M | $201.14M | - | $217.83M | $199.41M | $205.48M |
| D&A | - | $2.59M | - | - | - | $4.97M | - | - | - | $7.05M |
| Operating Income | ($6.88M) | ($63.64M) | - | ($33.92M) | ($31.70M) | ($67.66M) | - | ($56.93M) | ($42.01M) | ($84.74M) |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($180.0K) | $717.0K | - | $202.0K | $237.0K | $187.0K | - | $376.0K | $182.0K | $81.0K |
| Net Income | ($44.52M) | ($56.49M) | - | ($179.39M) | $32.75M | ($50.49M) | - | ($64.28M) | ($45.33M) | ($86.43M) |
| EPS - Basic | ($3.96) | ($4.85) | - | ($17.82) | $2.94 | ($4.58) | - | ($5.86) | ($0.21) | ($0.39) |
| EPS - Diluted | ($3.96) | ($4.85) | - | ($17.82) | $2.94 | ($4.58) | - | ($5.86) | ($0.21) | ($0.39) |
Balance Sheet
| Line item | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $27.13M | $23.33M | $20.79M | $26.96M | $17.54M | $40.76M | $95.76M | $166.04M | $177.44M | $217.97M |
| Accounts Receivable | $12.00M | $8.53M | $13.92M | $10.18M | $9.57M | $8.12M | $8.00M | $9.11M | $14.04M | $6.99M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $49.19M | $49.22M | $33.72M | $33.51M | $32.15M | $28.88M | $23.56M | $20.51M | $19.88M | $14.09M |
| Current Assets | $97.16M | $88.48M | $99.85M | $106.12M | $95.92M | $119.69M | $161.21M | $233.26M | $253.86M | $271.23M |
| Total Assets | $1.00B | $1.03B | $1.14B | $1.22B | $1.21B | $1.35B | $1.52B | $1.72B | $1.61B | $1.52B |
| Current Liabilities | $388.15M | $384.54M | $338.55M | $473.28M | $330.79M | $348.82M | $506.24M | $329.27M | $297.25M | $279.67M |
| Long-term Debt | $217.92M | $226.16M | $217.24M | $209.85M | $191.65M | $176.10M | $1.50M | $196.40M | $186.88M | $179.66M |
| Total Liabilities | $1.49B | $1.53B | $1.57B | $1.75B | $1.60B | $1.77B | $1.90B | $1.91B | $1.74B | $1.62B |
| Stockholders' Equity | ($715.44M) | ($656.75M) | ($598.79M) | ($596.47M) | ($387.36M) | ($424.77M) | ($376.70M) | ($192.69M) | ($136.59M) | ($96.83M) |
| Retained Earnings | ($1.68B) | ($1.64B) | ($1.58B) | ($1.56B) | ($1.38B) | ($1.41B) | ($1.36B) | ($1.18B) | ($1.11B) | ($1.07B) |
Cash Flow
| Line item | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($4.35M) | - | - | - | ($40.31M) | - | - | - | ($35.49M) |
| Investing Cash Flow | - | ($959.0K) | - | - | - | ($716.0K) | - | - | - | ($7.48M) |
| Financing Cash Flow | - | ($250.0K) | - | - | - | ($250.0K) | - | - | - | $8.0K |
| CapEx | - | $1.22M | - | - | - | $606.0K | - | - | - | $6.92M |
| Free Cash Flow | - | ($5.57M) | - | - | - | ($40.91M) | - | - | - | ($42.42M) |
Ratios
| Metric | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -4.7% | -53.5% | - | -20.9% | -19.3% | -50.7% | - | -35.4% | -26.7% | -70.2% |
| EBITDA margin | - | -51.4% | - | - | - | -47.0% | - | - | - | -64.4% |
| Net margin | -30.3% | -47.5% | - | -110.7% | 19.9% | -37.8% | - | -39.9% | -28.8% | -71.6% |
| Free cash flow margin | - | -4.7% | - | - | - | -30.7% | - | - | - | -35.1% |
| FCF / Net income | - | 0.10 | - | - | - | 0.81 | - | - | - | 0.49 |
| R&D / Revenue | 2.6% | 3.3% | - | 2.7% | 2.7% | 3.5% | - | 3.3% | 3.5% | 5.4% |
| SG&A / Revenue | 4.6% | 22.6% | - | 18.3% | 17.8% | 18.2% | - | 17.1% | 19.2% | 27.1% |
| Effective tax rate | - | - | - | - | 0.7% | - | - | - | - | - |
| Return on assets | -4.4% | -5.5% | - | -14.7% | 2.7% | -3.7% | - | -3.7% | -2.8% | -5.7% |
| Return on equity | 6.2% | 8.6% | - | 30.1% | -8.5% | 11.9% | - | 33.4% | 33.2% | 89.3% |
| Return on invested capital | - | - | - | - | - | - | - | -1212.3% | -66.0% | -80.8% |
| Liquidity | ||||||||||
| Current ratio | 0.25 | 0.23 | 0.29 | 0.22 | 0.29 | 0.34 | 0.32 | 0.71 | 0.85 | 0.97 |
| Quick ratio | 0.25 | 0.23 | 0.29 | 0.22 | 0.29 | 0.34 | 0.32 | 0.71 | 0.85 | 0.97 |
| Cash ratio | 0.07 | 0.06 | 0.06 | 0.06 | 0.05 | 0.12 | 0.19 | 0.50 | 0.60 | 0.78 |
| Leverage | ||||||||||
| Debt / Equity | -0.30 | -0.34 | -0.36 | -0.35 | -0.49 | -0.41 | -0.00 | -1.02 | -1.37 | -1.86 |
| Debt / Assets | 0.22 | 0.22 | 0.19 | 0.17 | 0.16 | 0.13 | 0.00 | 0.11 | 0.12 | 0.12 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -1.40 | -1.57 | -1.90 | -2.04 | -3.12 | -3.17 | -4.04 | -8.91 | -11.77 | -15.71 |
| Liabilities / Assets | 1.48 | 1.48 | 1.38 | 1.44 | 1.32 | 1.32 | 1.25 | 1.11 | 1.08 | 1.06 |
| Efficiency | ||||||||||
| Asset turnover | 0.15 | 0.12 | - | 0.13 | 0.14 | 0.10 | - | 0.09 | 0.10 | 0.08 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 30d | 26d | - | 23d | 21d | 22d | - | 21d | 33d | 21d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -10.6% | -11.0% | - | 0.8% | 4.6% | 10.6% | - | 29.2% | 29.7% | 282.6% |
| Revenue CAGR (3y) | 6.6% | 55.6% | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 78.3% | 5.9% | - | 40.4% | 24.5% | 20.2% | - | 7.1% | 37.9% | 11.5% |
| Net income growth (YoY) | - | -11.9% | - | -179.1% | - | 41.6% | - | 13.7% | -3.5% | - |
| EPS growth (YoY) | - | -5.9% | - | -204.1% | - | -1074.4% | - | -10.8% | -5.0% | -116.7% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | 86.4% | - | - | - | 3.5% | - | - | - | 19.0% |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -84.7% | -54.6% | -59.0% | -209.6% | -183.6% | -338.7% | -1788.5% | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Geographic
$1.24B totalAmericas$435.90M · 35.1%
US$367.76M · 29.6%
Europe And Middle East$185.37M · 14.9%
Europe$78.86M · 6.3%
Other Americas$68.14M · 5.5%
AE$64.58M · 5.2%
GB$41.93M · 3.4%
Peer comparison
Same SIC group: Hotels, Rooming Houses, Camps & Other Lodging Places
Comparing Sonder Holdings Inc. against the 3 most active filers in the same SIC group.