Sonos Financial Statements From 2010 to 2025

SONO Stock  USD 13.33  0.16  1.21%   
Sonos financial statements provide useful quarterly and yearly information to potential Sonos Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Sonos financial statements helps investors assess Sonos' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Sonos' valuation are summarized below:
Gross Profit
648.1 M
Profit Margin
(0.05)
Market Capitalization
1.6 B
Enterprise Value Revenue
0.9091
Revenue
1.5 B
We have found ninety-seven available fundamental trend indicators for Sonos Inc, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Sonos' current fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road.

Sonos Total Revenue

1.28 Billion

Check Sonos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sonos' main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 377.1 K or Selling General Administrative of 145.9 M, as well as many indicators such as Price To Sales Ratio of 1.61, Dividend Yield of 0.0 or PTB Ratio of 3.02. Sonos financial statements analysis is a perfect complement when working with Sonos Valuation or Volatility modules.
  
Check out the analysis of Sonos Correlation against competitors.

Sonos Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets769.8 M1.1 B644.2 M
Slightly volatile
Other Current Liabilities96.5 M163.5 M78.2 M
Slightly volatile
Total Current Liabilities340 M421.1 M294.8 M
Slightly volatile
Total Stockholder Equity314.8 M492.9 M252.6 M
Slightly volatile
Other Liabilities50.8 M76.6 M52.6 M
Slightly volatile
Accounts Payable191.2 M223.8 M164.2 M
Slightly volatile
Cash276.1 M195.2 M207.7 M
Slightly volatile
Other Assets46 M43.9 M17.9 M
Slightly volatile
Long Term Debt25.9 M21 M23.9 M
Slightly volatile
Net Receivables68.3 M51.2 M61.5 M
Slightly volatile
Good Will100 M95.3 M29.7 M
Slightly volatile
Inventory206.9 M266.2 M170 M
Slightly volatile
Other Current Assets65.1 M62 M26.5 M
Slightly volatile
Total Liabilities464.8 M560.8 M392.3 M
Slightly volatile
Short and Long Term Debt11.4 MM15.8 M
Slightly volatile
Total Current Assets575.9 M633.7 M467.8 M
Slightly volatile
Short Term Debt6.5 M6.8 M19.5 M
Slightly volatile
Intangible Assets124.8 M118.9 M36.7 M
Slightly volatile
Common Stock97.8 K141.4 K81.1 K
Slightly volatile
Property Plant Equipment85 M131.7 M93.3 M
Slightly volatile
Common Stock Shares Outstanding116.3 M141.7 M93.5 M
Slightly volatile
Short and Long Term Debt Total45.7 M57.7 M46.2 M
Slightly volatile
Property Plant And Equipment Net117.4 M175.2 M106.5 M
Slightly volatile
Current Deferred Revenue20 M25.1 M15.4 M
Slightly volatile
Non Current Assets Total441 M420 M191.9 M
Slightly volatile
Non Currrent Assets Other13 M18.8 M10 M
Slightly volatile
Cash And Short Term Investments286.4 M254.3 M215.2 M
Slightly volatile
Liabilities And Stockholders Equity866.5 M1.1 B650.3 M
Slightly volatile
Non Current Liabilities Total97 M109.4 M127.7 M
Slightly volatile
Property Plant And Equipment Gross399 M380 M158.1 M
Slightly volatile
Non Current Liabilities Other4.2 M4.4 M20.1 M
Very volatile
Long Term Debt Total22.4 M16.4 M23.4 M
Slightly volatile
Capital Surpluse491.8 M710 M393.1 M
Slightly volatile
Net Invested Capital412.7 M492.9 M259.1 M
Slightly volatile
Net Working Capital292.5 M212.7 M193.8 M
Slightly volatile
Capital Stock131.5 K141.4 K113.6 K
Slightly volatile
Capital Lease Obligations55.1 M73.8 M58.2 M
Pretty Stable

Sonos Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative145.9 M159.7 M205.1 M
Slightly volatile
Total Revenue1.3 B1.7 B1.2 B
Slightly volatile
Gross Profit587 M792.8 M553.6 M
Slightly volatile
Research Development191.5 M350.2 M183.3 M
Slightly volatile
Cost Of Revenue711.3 M953 M684.6 M
Slightly volatile
Total Operating Expenses617 M848 M749.1 M
Slightly volatile
Interest Income14.4 M13.8 M7.2 M
Very volatile
Depreciation And Amortization42.1 M60.2 M37.3 M
Slightly volatile
Selling And Marketing Expenses295.9 M331 M275.4 M
Slightly volatile
Reconciled Depreciation44.1 M60.2 M39.7 M
Slightly volatile

Sonos Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation38.3 M60.2 M39.1 M
Slightly volatile
Capital Expenditures45.5 M63.5 M46.7 M
Very volatile
End Period Cash Flow247.4 M195.2 M205.9 M
Slightly volatile
Change To Netincome115.8 M110.3 M59.6 M
Slightly volatile
Stock Based Compensation58 M96.9 M48.5 M
Slightly volatile
Begin Period Cash Flow253 M253.3 M204 M
Slightly volatile
Exchange Rate Changes910.4 KM1.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.610.9961.0458
Slightly volatile
PTB Ratio3.023.17873.199
Pretty Stable
Days Sales Outstanding21.0514.902719.3953
Slightly volatile
Book Value Per Share2.214.06144.119
Slightly volatile
Stock Based Compensation To Revenue0.03110.04640.0442
Pretty Stable
Capex To Depreciation1.311.02691.1781
Slightly volatile
PB Ratio3.023.17873.199
Pretty Stable
EV To Sales1.350.89690.9125
Slightly volatile
Inventory Turnover4.662.70912.4863
Slightly volatile
Days Of Inventory On Hand80.63135156
Slightly volatile
Payables Turnover4.484.99393.2598
Slightly volatile
Sales General And Administrative To Revenue0.06850.09970.0949
Slightly volatile
Research And Ddevelopement To Revenue0.110.18180.1529
Slightly volatile
Capex To Revenue0.040.03040.0287
Slightly volatile
Cash Per Share2.091.72462.0771
Slightly volatile
Days Payables Outstanding76.8973.0886116
Slightly volatile
Intangibles To Total Assets0.180.170.1535
Slightly volatile
Current Ratio1.31.86221.6003
Pretty Stable
Tangible Book Value Per Share1.782.72692.8309
Slightly volatile
Receivables Turnover16.5124.492219.8115
Slightly volatile
Graham Number3.322.71146.4068
Slightly volatile
Shareholders Equity Per Share2.214.06144.119
Slightly volatile
Debt To Equity0.10.10820.0801
Slightly volatile
Capex Per Share0.470.39380.3815
Slightly volatile
Revenue Per Share9.9812.961813.2663
Slightly volatile
Interest Debt Per Share0.380.44510.3325
Slightly volatile
Debt To Assets0.07330.0560.0396
Slightly volatile
Enterprise Value Over EBITDA26.0727.442420.8101
Slightly volatile
Short Term Coverage Ratios3.924.1316.8349
Slightly volatile
Operating Cycle95.94150175
Slightly volatile
Price Book Value Ratio3.023.17873.199
Pretty Stable
Days Of Payables Outstanding76.8973.0886116
Slightly volatile
Company Equity Multiplier1.841.93242.0931
Slightly volatile
Long Term Debt To Capitalization0.940.90.4009
Slightly volatile
Total Debt To Capitalization0.10.09760.074
Slightly volatile
Debt Equity Ratio0.10.10820.0801
Slightly volatile
Quick Ratio0.820.88390.794
Slightly volatile
Cash Ratio0.590.62170.5185
Slightly volatile
Cash Conversion Cycle80.3776.544462.9299
Pretty Stable
Days Of Inventory Outstanding80.63135156
Slightly volatile
Days Of Sales Outstanding21.0514.902719.3953
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.460.49922.1251
Slightly volatile
Price To Book Ratio3.023.17873.199
Pretty Stable
Fixed Asset Turnover10.3512.171614.1318
Slightly volatile
Enterprise Value Multiple26.0727.442420.8101
Slightly volatile
Debt Ratio0.07330.0560.0396
Slightly volatile
Price Sales Ratio1.610.9961.0458
Slightly volatile
Asset Turnover2.11.65161.5475
Slightly volatile
Gross Profit Margin0.360.43290.4472
Slightly volatile
Price Fair Value3.023.17873.199
Pretty Stable

Sonos Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.5 B1.6 B3.2 B
Slightly volatile
Enterprise Value1.3 B1.5 B2.7 B
Slightly volatile

Sonos Fundamental Market Drivers

Forward Price Earnings37.3134
Cash And Short Term Investments221.2 M

Sonos Upcoming Events

6th of February 2024
Upcoming Quarterly Report
View
8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
20th of November 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of September 2023
Last Financial Announcement
View

About Sonos Financial Statements

Sonos investors utilize fundamental indicators, such as revenue or net income, to predict how Sonos Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue25.1 M20 M
Total Revenue1.7 B1.3 B
Cost Of Revenue953 M711.3 M
Stock Based Compensation To Revenue 0.05  0.03 
Sales General And Administrative To Revenue 0.10  0.07 
Research And Ddevelopement To Revenue 0.18  0.11 
Capex To Revenue 0.03  0.04 
Revenue Per Share 12.96  9.98 
Ebit Per Revenue(0.01)(0.01)

Pair Trading with Sonos

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sonos position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sonos will appreciate offsetting losses from the drop in the long position's value.

Moving against Sonos Stock

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The ability to find closely correlated positions to Sonos could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sonos when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sonos - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sonos Inc to buy it.
The correlation of Sonos is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sonos moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sonos Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sonos can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Sonos Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonos Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonos Inc Stock:
Check out the analysis of Sonos Correlation against competitors.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Consumer Electronics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonos. If investors know Sonos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Earnings Share
(0.55)
Revenue Per Share
11.892
Quarterly Revenue Growth
(0.10)
Return On Assets
(0.04)
The market value of Sonos Inc is measured differently than its book value, which is the value of Sonos that is recorded on the company's balance sheet. Investors also form their own opinion of Sonos' value that differs from its market value or its book value, called intrinsic value, which is Sonos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonos' market value can be influenced by many factors that don't directly affect Sonos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.