Sonos, Inc. income statement SONO

In fiscal 2025, which ended Sep 27, 2025, Sonos, Inc. reported revenue of $1.4 billion, down 4.9% from the year before. It recorded a net loss of $61.1 million. The operating loss came to $50.5 million, an operating margin of -3.5%. Diluted earnings per share were -$0.51. Over the twelve months ended Jun 27, 2026, revenue was $1.5 billion and net income was $56.9 million. Across the 8 fiscal years shown, revenue grew from $1.1 billion in fiscal 2018 to $1.4 billion in fiscal 2025, about 3.5% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line
FY 2026
Jun 27, 2026
FY 2025
Sep 27, 2025
FY 2024
Sep 28, 2024
FY 2023
Sep 30, 2023
FY 2022
Oct 1, 2022
FY 2021
Oct 2, 2021
FY 2020
Oct 3, 2020
FY 2019
Sep 28, 2019
FY 2018
Sep 29, 2018
Revenue
1,490
+5.6%
1,443
-4.9%
1,518
-8.3%
1,655
-5.5%
1,752
+2.1%
1,717
+29.4%
1,326
+5.2%
1,261
+10.9%
1,137
Cost of revenue
797
-0.7%
813
-1.9%
829
-11.7%
939
-1.8%
956
+5.4%
907
+20.2%
754
+2.8%
733
+13.2%
648
Gross profit
693
+14.1%
631
-8.5%
689
-3.8%
716
-10.0%
796
-1.7%
810
+41.6%
572
+8.5%
527
+7.8%
489
Research and development
254
-12.1%
280
-8.1%
305
+1.2%
301
+17.5%
256
+11.3%
230
+7.2%
215
+25.4%
171
+20.5%
142
Selling, general and administrative
374
-7.6%
401
-7.4%
433
-0.7%
436
-3.3%
451
+6.1%
425
+10.5%
385
+9.7%
350
-1.6%
356
Restructuring and impairment
7
-19.1%
12
+440.8%
2
-60.2%
6
—
—
—
—
—
Operating income
66
+177.2%
-50
-5.0%
-48
-133.8%
-21
-122.9%
90
-42.2%
155
+669.0%
-27
-577.9%
6
+164.2%
-9
Interest income
7
-9.9%
7
-42.0%
12
—
—
0
-92.7%
2
-54.1%
4
—
Interest expense
0
+3.4%
0
+5.4%
0
—
—
—
—
—
—
Other non-operating income (expense)
-2
-402.6%
-6
-169.3%
9
-39.4%
15
+170.6%
-22
-1010.1%
2
-63.7%
7
+177.0%
-9
-642.3%
-1
Other income (expense)
5
-29.2%
-0
-100.1%
21
-16.2%
25
+219.9%
-21
-1160.8%
2
-72.6%
7
+205.5%
-7
-19.4%
-6
Pretax income
71
+190.4%
-50
-86.0%
-27
-717.9%
4
-93.6%
69
-56.2%
157
+881.4%
-20
-1766.4%
-1
+92.6%
-15
Income tax
14
+775.7%
11
-3.2%
11
-25.0%
15
+988.9%
1
+180.7%
-2
-5318.8%
0
-99.1%
4
+249.4%
1
Net income
57
+174.5%
-61
-60.3%
-38
-271.3%
-10
-115.2%
67
-57.5%
159
+888.4%
-20
-322.1%
-5
+69.5%
-16
Basic EPS
0.47
+175.1%
-0.51
-64.5%
-0.31
-287.5%
-0.08
-115.1%
0.53
-59.2%
1.30
—
—
—
Diluted EPS
0.47
+171.9%
-0.51
-64.5%
-0.31
-287.5%
-0.08
-116.3%
0.49
-56.6%
1.13
—
—
—
Weighted average shares, basic
120
-0.7%
121
-2.0%
123
-3.5%
128
+0.0%
128
+4.5%
122
—
—
—
Weighted average shares, diluted
122
+3.7%
121
-2.0%
123
-3.5%
128
-7.3%
138
-1.8%
140
—
—
—
Other measures
Depreciation and amortization
51
-23.2%
62
+19.0%
52
+7.0%
49
+27.2%
39
+13.6%
34
-7.0%
36
+0.1%
36
-7.6%
39
EBITDA
117
+696.3%
12
+173.6%
4
-84.8%
28
-77.8%
128
-32.2%
189
+1954.2%
9
-78.2%
42
+37.9%
31
Interest coverage
143.71x
-108.53x
-108.95x
—
—
—
—
—
—
Margins
Gross margin
46.51%
43.69%
45.41%
43.29%
45.45%
47.18%
43.12%
41.83%
43.03%
Operating margin
4.43%
-3.50%
-3.16%
-1.24%
5.11%
9.03%
-2.05%
0.45%
-0.78%
Pretax margin
4.76%
-3.50%
-1.79%
0.27%
3.92%
9.14%
-1.51%
-0.09%
-1.28%
Profit margin
3.82%
-4.24%
-2.51%
-0.62%
3.85%
9.24%
-1.52%
-0.38%
-1.37%
EBITDA margin
7.82%
0.82%
0.29%
1.72%
7.31%
11.00%
0.69%
3.34%
2.68%
Effective tax rate
19.75%
—
—
333.82%
1.96%
-1.06%
—
—
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Household Audio & Video Equipment (SIC 3651)
Listed as
SONO (Nasdaq)
Fiscal year ends
October 3
Incorporated in
DE
Headquarters
Santa Barbara, CA
SEC filer status
Large accelerated filer
SEC CIK
1314727

Other Household Audio & Video Equipment companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.