GoAI
Get started
Sonos, Inc. logo

Sonos, Inc.

SONO

NASDAQTechnologyConsumer Electronics

Open in GoAI

Previous close

$15.83

−$0.22 · -1.37%

Aug 21, 4:00 PM ET

SONO company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

62

Undervalued

Momentum

39

Weakening

Sentiment

57

Mixed

Risk resilience

45

Elevated Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Globally, Sonos, Inc., along with its affiliates, focuses on the creation, production, and distribution of advanced multi-room sound systems. Its portfolio encompasses wireless loudspeakers, home cinema setups, various system components, and associated peripherals. Customers can acquire these products through a broad array of channels: approximately 10,000 third-party retailers, which often include bespoke home audio integrators; numerous online merchants; and directly from the company's official website, sonos.com. Established in 2002, the enterprise originally traded as Rincon Audio, Inc. until its renaming to Sonos, Inc. in May 2004. Its corporate headquarters are situated in Santa Barbara, California.

Industry
Consumer Electronics
Sector
Technology
Headquarters
US
CEO
Thomas Conrad
Listed since
Aug 2, 2018
Employees
1,404

Market position

Day range

Current $15.83

52-week range

Current $15.83

Open
$16.065
Previous close
$16.05
Volume
900.31K
0.49× average
Average volume
1.85M
Average daily volume
Market cap
1.87B USD
Beta
1.93
Market reference 1
50-day average
$14.9552
+5.85% above average
200-day average
$15.4941
+2.17% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.73B USD
P/E (TTM)
-51.06×
P/B (TTM)
4.67×
P/S (TTM)
1.26×
EV / EBITDA
140.98×
Earnings yield
-3.31%
Free cash flow yield
5.86%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
46.51%
Operating margin
4.43%
Net margin
-2.54%
Return on equity
-17.21%
Return on assets
-7.43%
Return on invested capital
-10.58%

Financial health

Debt / equity
0.12×
Current ratio
1.43×
Altman Z-score
4.56
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends52%32%11%-9%Gross margin, FY2021: 47.18%Gross margin, FY2022: 45.45%Gross margin, FY2023: 43.29%Gross margin, FY2024: 45.41%Gross margin, FY2025: 43.69%Operating margin, FY2021: 9.03%Operating margin, FY2022: 5.11%Operating margin, FY2023: -1.24%Operating margin, FY2024: -3.16%Operating margin, FY2025: -3.50%Net margin, FY2021: 9.24%Net margin, FY2022: 3.85%Net margin, FY2023: -0.62%Net margin, FY2024: -2.51%Net margin, FY2025: -4.24%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 47.18%. Gross margin FY2022 45.45%. Gross margin FY2023 43.29%. Gross margin FY2024 45.41%. Gross margin FY2025 43.69%. Operating margin FY2021 9.03%. Operating margin FY2022 5.11%. Operating margin FY2023 -1.24%. Operating margin FY2024 -3.16%. Operating margin FY2025 -3.50%. Net margin FY2021 9.24%. Net margin FY2022 3.85%. Net margin FY2023 -0.62%. Net margin FY2024 -2.51%. Net margin FY2025 -4.24%.

Income trends

Revenue

1.44B USD-4.93%

Operating income

−50.47M USD-5.04%

Net income

−61.14M USD-60.29%
Income trends across reported periods1.93B USD1.21B USD482.9M USD−242.49M USDRevenue, FY2021: 1.72B USDRevenue, FY2022: 1.75B USDRevenue, FY2023: 1.66B USDRevenue, FY2024: 1.52B USDRevenue, FY2025: 1.44B USDOperating income, FY2021: 154.96M USDOperating income, FY2022: 89.53M USDOperating income, FY2023: −20.55M USDOperating income, FY2024: −48.05M USDOperating income, FY2025: −50.47M USDNet income, FY2021: 158.6M USDNet income, FY2022: 67.38M USDNet income, FY2023: −10.27M USDNet income, FY2024: −38.15M USDNet income, FY2025: −61.14M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.72B USD. Revenue FY2022 1.75B USD. Revenue FY2023 1.66B USD. Revenue FY2024 1.52B USD. Revenue FY2025 1.44B USD. Operating income FY2021 154.96M USD. Operating income FY2022 89.53M USD. Operating income FY2023 −20.55M USD. Operating income FY2024 −48.05M USD. Operating income FY2025 −50.47M USD. Net income FY2021 158.6M USD. Net income FY2022 67.38M USD. Net income FY2023 −10.27M USD. Net income FY2024 −38.15M USD. Net income FY2025 −61.14M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.44B USD1.52B USD1.66B USD1.75B USD1.72B USD
Cost of goods sold812.75M USD828.68M USD938.77M USD955.97M USD906.75M USD
Gross profit630.53M USD689.37M USD716.49M USD796.37M USD809.99M USD
Research and development279.97M USD304.56M USD301M USD256.07M USD230.08M USD
Selling, general, and administrative378.13M USD426.75M USD426.94M USD450.76M USD424.95M USD
Operating expenses681M USD737.42M USD737.04M USD706.84M USD655.03M USD
Interest income6.93M USD11.97M USD10.2M USD1.66M USD146K USD
Interest expense465K USD441K USD733K USD552K USD592K USD
Depreciation and amortization62.32M USD52.38M USD48.97M USD38.5M USD33.88M USD
Operating income−50.47M USD−48.05M USD−20.55M USD89.53M USD154.96M USD
Net income−61.14M USD−38.15M USD−10.27M USD67.38M USD158.6M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 5 misses, 1 met estimate
Average EPS surprise
+59.56%
11 comparable reports
Latest EPS result
0.27
Estimate 0.04 · Beat by 575.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.890.36-0.16-0.69Q1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 0.41, estimate 0.168, surprise +143.61%, Beat. Q2 2025, reported May 7, 2025: actual -0.58, estimate -0.443, surprise -31.07%, Miss. Q3 2025, reported Aug 6, 2025: actual -0.028, estimate -0.105, surprise +73.24%, Beat. Q4 2025, reported Nov 5, 2025: actual -0.31, estimate -0.14, surprise -121.43%, Miss. Q1 2026, reported Feb 3, 2026: actual 0.78, estimate 0.64, surprise +21.88%, Beat. Q2 2026, reported May 4, 2026: actual -0.24, estimate -0.18, surprise -33.33%, Miss. Q3 2026, reported Jul 29, 2026: actual 0.27, estimate 0.04, surprise +575.00%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate -0.18, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates574.6M459.85M345.11M230.36MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 550.86M USD, estimate 519.76M USD, surprise +5.98%, Beat. Q2 2025, reported May 7, 2025: actual 259.76M USD, estimate 254.1M USD, surprise +2.23%, Beat. Q3 2025, reported Aug 6, 2025: actual 344.76M USD, estimate 324.84M USD, surprise +6.13%, Beat. Q4 2025, reported Nov 5, 2025: actual 287.9M USD, estimate 275.83M USD, surprise +4.38%, Beat. Q1 2026, reported Feb 3, 2026: actual 545.66M USD, estimate 536.93M USD, surprise +1.63%, Beat. Q2 2026, reported May 4, 2026: actual 281.53M USD, estimate 267.72M USD, surprise +5.16%, Beat. Q3 2026, reported Jul 29, 2026: actual 375.26M USD, estimate 365.66M USD, surprise +2.63%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 340.33M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$19.00

20.03% upside
Past 12 months12-month forecastHigh $21.00Average $19.00Low $18.00

Rating distribution

9 ratings
Strong buy00%
Buy444%
Hold444%
Sell111%
Strong sell00%

Recent analyst actions

4 institutions
B of A SecuritiesdowngradeBuyNeutral

SONO news

zacks.com

How Sonos Q4 Guidance Balances Revenue Growth Against Memory Inflation

Sonos expects Q4 revenue growth to stay intact, but a $35 million memory-cost hit could sharply pressure gross profit and adjusted EBITDA.

Read source
zacks.com

Is Sonos Stock Worth Buying as Growth Improves but Margin Risks Rise?

Sonos is regaining revenue momentum as new products and overseas growth boost demand, but rising memory costs threaten margins into fiscal 2027.

Read source
247wallst.com

From App Disaster to Growth Engine: How Sonos Found Its Groove Again

Tom Conrad inherited a Sonos (NASDAQ:SONO) in disarray, damaged by a botched app redesign and a shrinking top line.

Read source
zacks.com

Sonos Q3 Earnings Beat on Broad-Based Growth and Cost Control

SONO topped fiscal Q3 estimates as speaker demand, overseas growth and cost control lifted sales, margins and adjusted EBITDA.

Read source
seekingalpha.com

Sonos, Inc. (SONO) Q3 2026 Earnings Call Transcript

Sonos, Inc. (SONO) Q3 2026 Earnings Call Transcript

Read source
marketbeat.com

Sonos Q3 Earnings Call Highlights

Sonos NASDAQ: SONO reported third-quarter fiscal 2026 revenue of $375 million, up 9% from a year earlier and near the high end of its guidance range, as growth in Asia-Pacific and Europe, the Middle East and Africa…

Read source

SONO peers

NVIDIA Corporation logo

NVDA

NVIDIA Corporation

$214.72

-0.98%

Apple Inc. logo

AAPL

Apple Inc.

$309.35

-0.63%

Microsoft Corporation logo

MSFT

Microsoft Corporation

$483.24

+0.43%

Broadcom Inc. logo

AVGO

Broadcom Inc.

$368.45

+1.21%

SK hynix Inc. logo

SKHY

SK hynix Inc.

$163.41

+0.20%

Micron Technology, Inc. logo

MU

Micron Technology, Inc.

$966.78

-0.77%

ETFs holding SONO

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Small-Cap ETF logoiShares Core S&P Small-Cap ETFIJR
Market value
111.84M
Weight
0.10%
AUM
111.19B USD
Expense ratio
0.06%
Price / 1D
$147.31+0.64%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
52.61M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
49.9M
Weight
0.06%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
38.14M
Weight
0.02%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Fidelity Enhanced Small Cap ETF logoFidelity Enhanced Small Cap ETFFESM
Market value
33.38M
Weight
0.51%
AUM
6.03B USD
Expense ratio
0.28%
Price / 1D
$47.94+0.80%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
22.09M
Weight
0.05%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$358.65+0.70%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
20.07M
Weight
0.02%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
State Street SPDR Portfolio S&P 600 Small Cap ETF logoState Street SPDR Portfolio S&P 600 Small Cap ETFSPSM
Market value
17.93M
Weight
0.11%
AUM
17.03B USD
Expense ratio
0.03%
Price / 1D
$57.28+0.61%

Continue in GoAI

Research SONO

research.disclaimer