SONO · Sonos 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 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $281.53M | $545.66M | $344.76M | $259.76M | $550.86M | $397.15M | $252.66M | $612.87M | $373.36M | $304.17M |
| Cost of Revenue | $156.88M | $292.20M | $195.04M | $146.15M | $309.45M | $205.50M | $140.62M | $330.19M | $201.59M | $172.56M |
| Gross Profit | $124.65M | $253.46M | $149.72M | $113.61M | $241.41M | $191.64M | $112.04M | $282.68M | $171.76M | $131.62M |
| R&D | $64.13M | $59.76M | $59.75M | $77.42M | $80.84M | $74.22M | $80.32M | $79.23M | $77.76M | $80.78M |
| SG&A | $29.71M | $28.01M | $30.33M | $33.20M | $25.83M | $33.19M | $40.84M | $39.80M | $48.66M | $44.44M |
| Total Operating Expenses | $156.22M | $153.04M | $152.65M | $174.83M | $193.31M | $179.05M | $183.00M | $202.98M | $193.02M | $188.84M |
| D&A | - | $14.02M | - | - | $17.61M | - | - | $11.88M | - | - |
| Operating Income | ($31.57M) | $100.42M | ($2.93M) | ($61.22M) | $48.09M | $12.59M | ($70.96M) | $79.69M | ($21.26M) | ($57.23M) |
| Interest Expense | $104.0K | $116.0K | $117.0K | $122.0K | $105.0K | $274.0K | $122.0K | $105.0K | $274.0K | $152.0K |
| Income Tax | ($2.24M) | $8.27M | $2.57M | $10.98M | ($6.42M) | $8.94M | ($743.0K) | $11.99M | $5.85M | ($26.38M) |
| Net Income | ($28.89M) | $93.80M | ($3.38M) | ($70.14M) | $50.24M | $3.71M | ($69.71M) | $80.95M | ($23.57M) | ($30.65M) |
| EPS - Basic | ($0.24) | $0.78 | ($0.03) | ($0.58) | $0.41 | $0.03 | ($0.56) | $0.65 | ($0.18) | ($0.24) |
| EPS - Diluted | ($0.24) | $0.75 | ($0.03) | ($0.58) | $0.40 | $0.03 | ($0.56) | $0.64 | ($0.18) | ($0.24) |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $200.16M | $312.50M | $174.67M | $173.16M | $279.95M | $169.73M | $245.96M | $467.34M | $220.23M | $294.87M |
| Accounts Receivable | $95.51M | $116.27M | $65.85M | $40.43M | $84.79M | $44.51M | $69.72M | $80.81M | $67.58M | $84.20M |
| Inventory | $160.84M | $125.33M | $171.02M | $138.42M | $140.89M | $231.50M | $179.54M | $173.04M | $346.52M | $326.29M |
| Accounts Payable | $162.93M | $203.81M | $184.11M | $117.95M | $162.08M | $194.59M | $121.50M | $176.37M | $187.98M | $183.65M |
| Current Assets | $540.12M | $640.24M | $504.04M | $453.02M | $612.53M | $551.09M | $582.91M | $758.89M | $659.63M | $736.84M |
| Total Assets | $839.48M | $947.88M | $823.28M | $792.18M | $963.61M | $916.31M | $925.62M | $1.11B | $1.00B | $1.06B |
| Current Liabilities | $341.11M | $388.17M | $352.41M | $289.59M | $372.51M | $366.15M | $303.22M | $376.00M | $354.22M | $352.16M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $455.12M | $504.55M | $468.05M | $409.32M | $494.48M | $487.69M | $431.61M | $515.58M | $483.58M | $446.34M |
| Stockholders' Equity | $384.36M | $443.33M | $355.23M | $382.86M | $469.13M | $428.62M | $494.00M | $594.41M | $518.66M | $612.91M |
| Retained Earnings | ($47.17M) | ($18.28M) | ($112.08M) | ($70.84M) | ($697.0K) | ($50.93M) | ($1.55M) | $68.16M | ($12.79M) | $42.02M |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $163.31M | - | - | $156.17M | - | - | $275.40M | - | - |
| Investing Cash Flow | - | ($4.06M) | - | - | ($9.33M) | - | - | ($6.08M) | - | - |
| Financing Cash Flow | - | ($23.42M) | - | - | ($33.80M) | - | - | ($23.69M) | - | - |
| CapEx | - | $5.96M | - | - | $13.11M | - | - | $6.08M | - | - |
| Free Cash Flow | - | $157.35M | - | - | $143.07M | - | - | $269.32M | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 44.3% | 46.5% | 43.4% | 43.7% | 43.8% | 48.3% | 44.3% | 46.1% | 46.0% | 43.3% |
| Operating margin | -11.2% | 18.4% | -0.8% | -23.6% | 8.7% | 3.2% | -28.1% | 13.0% | -5.7% | -18.8% |
| EBITDA margin | - | 21.0% | - | - | 11.9% | - | - | 14.9% | - | - |
| Net margin | -10.3% | 17.2% | -1.0% | -27.0% | 9.1% | 0.9% | -27.6% | 13.2% | -6.3% | -10.1% |
| Free cash flow margin | - | 28.8% | - | - | 26.0% | - | - | 43.9% | - | - |
| FCF / Net income | - | 1.68 | - | - | 2.85 | - | - | 3.33 | - | - |
| R&D / Revenue | 22.8% | 11.0% | 17.3% | 29.8% | 14.7% | 18.7% | 31.8% | 12.9% | 20.8% | 26.6% |
| SG&A / Revenue | 10.6% | 5.1% | 8.8% | 12.8% | 4.7% | 8.4% | 16.2% | 6.5% | 13.0% | 14.6% |
| Effective tax rate | - | 8.1% | - | - | -14.7% | 70.7% | - | 12.9% | - | - |
| Return on assets | -3.4% | 9.9% | -0.4% | -8.9% | 5.2% | 0.4% | -7.5% | 7.3% | -2.4% | -2.9% |
| Return on equity | -7.5% | 21.2% | -1.0% | -18.3% | 10.7% | 0.9% | -14.1% | 13.6% | -4.5% | -5.0% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.58 | 1.65 | 1.43 | 1.56 | 1.64 | 1.51 | 1.92 | 2.02 | 1.86 | 2.09 |
| Quick ratio | 1.11 | 1.33 | 0.94 | 1.09 | 1.27 | 0.87 | 1.33 | 1.56 | 0.88 | 1.17 |
| Cash ratio | 0.59 | 0.81 | 0.50 | 0.60 | 0.75 | 0.46 | 0.81 | 1.24 | 0.62 | 0.84 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -303.6x | 865.7x | -25.0x | -501.8x | 458.0x | 45.9x | -581.6x | 759.0x | -77.6x | -376.5x |
| Equity multiplier | 2.18 | 2.14 | 2.32 | 2.07 | 2.05 | 2.14 | 1.87 | 1.87 | 1.93 | 1.73 |
| Liabilities / Assets | 0.54 | 0.53 | 0.57 | 0.52 | 0.51 | 0.53 | 0.47 | 0.46 | 0.48 | 0.42 |
| Efficiency | ||||||||||
| Asset turnover | 0.34 | 0.58 | 0.42 | 0.33 | 0.57 | 0.43 | 0.27 | 0.55 | 0.37 | 0.29 |
| Inventory turnover | 0.98 | 2.33 | 1.14 | 1.06 | 2.20 | 0.89 | 0.78 | 1.91 | 0.58 | 0.53 |
| Days sales outstanding | 124d | 78d | 70d | 57d | 56d | 41d | 101d | 48d | 66d | 101d |
| Days inventory outstanding | 374d | 157d | 320d | 346d | 166d | 411d | 466d | 191d | 627d | 690d |
| Days payable outstanding | 379d | 255d | 345d | 295d | 191d | 346d | 315d | 195d | 340d | 388d |
| Cash conversion cycle | 119d | -20d | 45d | 108d | 31d | 106d | 251d | 44d | 353d | 403d |
| Valuation | ||||||||||
| P / E | - | 24.1x | - | - | 37.5x | 405.0x | - | 26.8x | - | - |
| P / B | 4.0x | 5.1x | 5.2x | 3.4x | 4.0x | 3.6x | 4.8x | 3.7x | 3.2x | 4.1x |
| P / S | 5.4x | 4.1x | 5.3x | 5.0x | 3.4x | 3.9x | 9.3x | 3.5x | 4.4x | 8.3x |
| EV / EBITDA | - | 17.0x | - | - | 24.3x | - | - | 18.6x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 8.4% | -0.9% | -13.2% | 2.8% | -10.1% | 6.4% | -16.9% | -8.9% | 0.4% | -23.9% |
| Revenue CAGR (3y) | -2.5% | -6.7% | -2.5% | -13.4% | -6.1% | 1.6% | -8.8% | -1.7% | 14.4% | 20.2% |
| Revenue CAGR (5y) | -3.3% | -3.3% | 6.7% | 8.2% | -0.4% | 8.8% | 6.2% | 4.3% | 12.4% | - |
| Gross profit growth (YoY) | 9.7% | 5.0% | -21.9% | 1.4% | -14.6% | 11.6% | -14.9% | -0.8% | -2.3% | -26.5% |
| Operating income growth (YoY) | 48.4% | 108.8% | - | 13.7% | -39.7% | - | -24.0% | -7.7% | - | - |
| Net income growth (YoY) | 58.8% | 86.7% | - | -0.6% | -37.9% | - | -127.4% | 7.7% | -3848.2% | - |
| EPS growth (YoY) | 58.6% | 87.5% | - | -3.6% | -37.5% | - | -133.3% | 12.3% | - | - |
| EPS CAGR (3y) | - | 9.6% | - | - | -22.8% | -37.0% | - | -14.1% | - | - |
| EPS CAGR (5y) | - | -5.8% | - | - | -7.8% | - | - | 12.2% | - | - |
| FCF growth (YoY) | - | 10.0% | - | - | -46.9% | - | - | 60.7% | - | - |
| FCF CAGR (5y) | - | -5.0% | - | - | 6.8% | - | - | 37.1% | - | - |
| Book value growth (YoY) | 0.4% | -5.5% | -17.1% | -22.5% | -21.1% | -17.4% | -19.4% | -6.1% | -19.3% | -8.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-27.
Product / service
$1.44B totalSonos Speakers$1.12B · 77.7%
Sonos System Products$249.24M · 17.3%
Partner Products And Other Revenue$72.23M · 5.0%
Geographic
$2.89B totalAmericas$922.94M · 32.0%
US$855.74M · 29.6%
Non Us$587.54M · 20.4%
EMEA$441.18M · 15.3%
Asia Pacific$79.16M · 2.7%
Peer comparison
Same SIC group: Household Audio & Video Equipment
Comparing Sonos Inc against the 5 most active filers in the same SIC group.