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.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 1.4B | 1.5B | 1.7B | 1.8B | 1.7B |
| Net Income | 0 | -61M | -38M | -10M | 67M | 159M |
| EPS | $0.00 | $-0.51 | $-0.31 | $-0.08 | $0.49 | $1.13 |
| Free Cash Flow | 0 | 108M | 135M | 50M | -74M | 208M |
| ROIC | - | -15.6% | -8.1% | -1.9% | 81.8% | 35.8% |
| Gross Margin | - | 43.7% | 45.4% | 43.3% | 45.4% | 47.2% |
| Debt/Equity | 0.00 | 1.32 | 1.14 | 0.93 | 1.12 | 0.01 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 0 | -50M | -48M | -21M | 90M | 155M |
| Operating Margin | 0.0% | -3.5% | -3.2% | -1.2% | 5.1% | 9.0% |
| ROE | 0.0% | -15.6% | -8.1% | -1.9% | 11.9% | 36.6% |
| Shares Outstanding | 121M | 120M | 123M | 128M | 138M | 140M |
Sonos Inc passes 1 of 9 quality checks, indicating weak fundamentals.
On a free-cash-flow basis, the stock trades at 14.7x vs a median of 20.0x. The company's 5-year average ROIC is 18.4% with a gross margin of 45.0%. Total shareholder yield (buybacks) is 5.0%. At current prices, the estimated annualized return to fair value is +12.4%.
Sonos Inc (SONO) has a 5-year average return on invested capital (ROIC) of 18.4%. This indicates strong capital allocation and a potential competitive advantage.
Sonos Inc (SONO) has a market capitalization of $1.6B. It is classified as a small-cap stock.
Sonos Inc (SONO) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 5.03%.
Sonos Inc (SONO) operates in the Household Audio & Video Equipment industry, within the Industrials sector.
Sonos Inc (SONO) reported annual revenue of $1.4 billion in its most recent fiscal year, based on SEC EDGAR filings.
Sonos Inc (SONO) has a net profit margin of -4.2%. The company is currently unprofitable.
Sonos Inc (SONO) generated $108 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Sonos Inc (SONO) has a debt-to-equity ratio of 1.32. This indicates moderate leverage.
Sonos Inc (SONO) reported earnings per share (EPS) of $-0.51 in its most recent fiscal year.
Sonos Inc (SONO) has a return on equity (ROE) of -15.6%. A negative ROE may indicate losses or negative equity.
Sonos Inc (SONO) has a 5-year average gross margin of 45.0%. This indicates decent pricing power.
The Ledger Terminal provides 11 years of financial data for Sonos Inc (SONO), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Sonos Inc (SONO) has a book value per share of $2.96, based on its most recent annual SEC filing.