Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides wireless speakers, home theater speakers, components, and accessories. It offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its Website sonos.com. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was incorporated in 2002 and is headquartered in Santa Barbara, California.

Sonos, Inc.

Revenue

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Revenue Common Size

Cost of Revenue

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Cost of Revenue Common Size

Gross Profit

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Research and Development

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Sales and Marketing

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General and Administrative

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Total Operating Expenses

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Total Operating Expenses Common Size

Operating Income

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Operating Income Common Size

Interest Income (Expense), Net

Interest Income (Expense), Net %Chg

Interest Income (Expense), Net Common Size

Interest Income

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Interest Expense

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Interest Expense Common Size

Other Income

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Other Income Common Size

Total Other Income, Net

Total Other Income, Net %Chg

Total Other Income, Net Common Size

Income Before Provision for Income Taxes

Income Before Provision for Income Taxes %Chg

Income Before Provision for Income Taxes Common Size

Provision for Income Taxes

Provision for Income Taxes %Chg

Provision for Income Taxes Common Size

Net Income

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Net Income Common Size

Net Income Attributable to Common Stockholders: Basic and Diluted

Net Income Attributable to Common Stockholders: Basic and Diluted %Chg

Net Income Attributable to Common Stockholders: Basic and Diluted Common Size

Diluted

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Basic

Basic %Chg

Basic Common Size

Total Revenues

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Total Revenues Common Size

Cost of Sales

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Cost of Sales Common Size

Gross Profit Margin

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Selling, General & Administrative Expenses

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Research & Development Expenses

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Operating Profit

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Operating Margin

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Interest and Investment Income

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Non-Operating Income

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Total Non-Operating Income

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Consolidated Net Income

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Net Income Attributable to Common Shareholders

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Net Income Attributable to Common Shareholders Common Size

Basic EPS

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Diluted EPS

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Basic Weighted Average Shares Outstanding

EBIT

EBITDA

CapEx

Net Interest Income

Assets

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Adjusted Net Income

Net Revenue

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	Sep '25	Sep '24	Sep '23	Oct '22	Oct '21	Oct '20	Sep '19	Sep '18	Sep '17	Oct '16
Total Revenues	1,443.3	1,518.1	1,655.3	1,752.3	1,716.7	1,326.3	1,260.8	1,137	992.5	901.3
Total Revenues %Chg	-4.9%	-8.3%	-5.5%	2.1%	29.4%	5.2%	10.9%	14.6%	10.1%	6.8%
Revenue
Cost of Sales	812.7	828.7	938.8	956	906.8	754.4	733.5	647.7	536.5	497.9
Cost of Revenue
Gross Profit	630.5	689.4	716.5	796.4	810	572	527.3	489.3	456.1	403.4
Gross Profit
Gross Profit Margin	43.7%	45.4%	43.3%	45.4%	47.2%	43.1%	41.8%	43%	45.9%	44.8%
Selling, General & Administrative Expenses	401	432.9	436	450.8	425	384.5	350.5	356.1	347.3	326.5
Sales and Marketing
General and Administrative
Research & Development Expenses	280	304.6	301	256.1	230.1	214.7	171.2	142.1	124.4	107.7
Research and Development
Operating Profit	-50.5	-48	-20.5	89.5	155	-27.2	5.7	-8.9	-15.6	-30.9
Operating Income
Operating Margin	-3.5%	-3.2%	-1.2%	5.1%	9%	-2.1%	0.5%	-0.8%	-1.6%	-3.4%
Interest and Investment Income	6.9	12	10.2	1.7	0.1	2	4.3	0.7	0.1	—
Interest Income
Interest Expense	-0.5	-0.4	-0.7	-0.6	-0.6	-1.5	-2.5	-5.2	-4.4	-2.5
Interest Expense
Interest Income (Expense), Net
Non-Operating Income	-6.5	9.4	15.5	-21.9	2.4	6.6	-8.6	-1.2	3.4	-2.2
Other Income
Total Non-Operating Income	-0	20.9	24.9	-20.8	2	7.2	-6.8	-5.7	-0.9	-4.7
Income Before Provision for Income Taxes	-50.5	-27.2	4.4	68.7	156.9	-20.1	-1.1	-14.5	-16.5	-35.6
Income Before Provision for Income Taxes
Provision for Income Taxes	10.6	11	14.7	1.3	-1.7	0	3.7	1.1	-2.3	2.6
Provision for Income Taxes
Consolidated Net Income	-61.1	-38.1	-10.3	67.4	158.6	-20.1	-4.8	-15.6	-14.2	-38.2
Net Income
Net Income Attributable to Common Shareholders	-61.1	-38.1	-10.3	67.4	158.6	-20.1	-4.8	-15.6	-14.2	-38.2
Diluted
Basic EPS	-0.5	-0.3	-0.1	0.5	1.3	-0.2	-0.1	-0.2	-0.3	-0.7
Diluted EPS	-0.5	-0.3	-0.1	0.5	1.1	-0.2	-0.1	-0.2	-0.3	-0.7
Basic Weighted Average Shares Outstanding	120.8	123.2	127.7	127.7	122.2	109.8	103.8	65.7	56.3	53.9
Total Shares Outstanding	120.1	121.8	125.1	126.7	127	112.3	108.6	100.1	58.6	58.6
Diluted Weighted Average Shares Outstanding	120.8	123.2	127.7	137.8	140.3	109.8	103.8	65.7	56.3	53.9
EBITDA	11.9	4.3	28.4	128	188.8	9.2	42.1	30.5	19.4	3.5
Effective Tax Rate	-21.1%	-40.5%	333.8%	2%	-1.1%	-0.2%	-342.9%	-7.3%	13.9%	-7.4%