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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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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Operating Income

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Interest Income (Expense), Net

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Interest Income

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Other Income

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Total Other Income, Net

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Income Before Provision for Income Taxes

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Provision for Income Taxes

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Net Income

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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

Net Income Attributable to Common Stockholders - Diluted

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Basic

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Total Revenues

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Cost of Sales

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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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Consolidated Net Income

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Net Income Attributable to Common Shareholders

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Basic EPS

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Diluted EPS

EBIT

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Net Interest Income

Assets

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Adjusted EBT

Adjusted Funds From Operations

Income Statement	Sep '25	Mar '25	Sep '24	Mar '24	Sep '23	Apr '23
Total Revenues	632.7	810.6	652.5	865.5	678.5	976.8
Total Revenues %Chg	-3%	-6.3%	-3.8%	-11.4%	-1.4%	-8.2%
Revenue
Cost of Sales	357.1	455.6	357.9	470.8	378.7	560.1
Cost of Revenue
Gross Profit	275.5	355	294.7	394.7	299.8	416.7
Gross Profit
Gross Profit Margin	43.5%	43.8%	45.2%	45.6%	44.2%	42.7%
Selling, General & Administrative Expenses	191.1	209.9	206.4	226.4	206.2	229.9
Sales and Marketing
General and Administrative
Research & Development Expenses	121.7	158.3	145	159.6	143.3	157.7
Research and Development
Operating Profit	-37.3	-13.1	-56.8	8.7	-49.6	29.1
Operating Income
Operating Margin	-5.9%	-1.6%	-8.7%	1%	-7.3%	3%
Interest and Investment Income	3.1	3.8	5	7	5.1	5.1
Interest Income
Interest Expense	-0.2	-0.2	-0.2	-0.2	-0.4	-0.3
Interest Expense
Interest Income (Expense), Net
Non-Operating Income	-0.7	-5.8	2.4	7	-5.3	20.7
Other Income
Total Non-Operating Income	2.2	-2.2	7.1	13.8	-0.6	25.6
Income Before Provision for Income Taxes	-35.1	-15.4	-49.6	22.5	-50.3	54.7
Income Before Provision for Income Taxes
Provision for Income Taxes	6.1	4.6	-0.3	11.2	4.5	10.1
Provision for Income Taxes
Consolidated Net Income	-41.2	-19.9	-49.4	11.2	-54.8	44.5
Net Income
Net Income Attributable to Common Shareholders	-41.2	-19.9	-49.4	11.2	-44.5	44.5
Net Income Attributable to Common Stockholders - Diluted
Diluted
Basic EPS	-0.4	-0.2	-0.4	0.1	-0.4	0.4
Diluted EPS	-0.4	-0.2	-0.4	0.1	-0.4	0.3
Basic Weighted Average Shares Outstanding	120.5	121	122	124.5	127.8	127.6
Total Shares Outstanding	120.1	120.1	121.8	123.1	125.1	128.3
Diluted Weighted Average Shares Outstanding	120.5	121	118.2	128.2	122.6	132.8
EBITDA	-7.8	19.6	-27.5	31.9	-23.5	51.9
Effective Tax Rate	-17.3%	-29.7%	0.5%	50%	-9%	18.5%