SONO - Sonos, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$19.50
DETAILS
HIGH:
$21.00
LOW:
$18.00
MEDIAN:
$19.50
CONSENSUS:
$19.50
UPSIDE:
25.73%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Revenue | 1,443.3 | 1,518.1 | 1,655.3 | 1,752.3 | 1,716.7 | 1,326.3 | 1,260.8 | 1,137.0 | 992.5 | 901.3 | 843.5 |
| Cost of Revenue | 812.7 | 828.7 | 938.8 | 956.0 | 906.8 | 754.4 | 733.5 | 647.7 | 536.5 | 497.9 | 461.4 |
| Gross Profit | 630.5 | 689.4 | 716.5 | 796.4 | 810.0 | 572.0 | 527.3 | 489.3 | 456.1 | 403.4 | 382.1 |
| Operating Expenses | |||||||||||
| R&D Expenses | 280.0 | 304.6 | 301.0 | 256.1 | 230.1 | 214.7 | 171.2 | 142.1 | 124.4 | 107.7 | 100.7 |
| SG&A Expenses | 378.1 | 426.8 | 426.9 | 450.8 | 425.0 | 384.5 | 350.5 | 356.1 | 347.3 | 326.5 | 337.2 |
| Other Expenses | 22.9 | 6.1 | 9.1 | 0 | 0 | 0 | 0 | (1.2) | 3.4 | (2.2) | 0 |
| Operating Expenses | 681.0 | 737.4 | 737.0 | 706.8 | 655.0 | 599.2 | 521.6 | 498.2 | 471.7 | 434.3 | 437.9 |
| Operating Income | |||||||||||
| Operating Income | (50.5) | (48.0) | (20.5) | 89.5 | 155.0 | (27.2) | 1.4 | (8.9) | (15.6) | (30.9) | (55.7) |
| Interest Expense | 0.5 | 0.4 | 0.7 | 0.6 | 0.6 | 1.5 | 2.5 | 4.5 | 4.3 | 2.5 | 0.2 |
| Interest Income | 6.9 | 12.0 | 10.2 | 1.7 | 0.1 | 2.0 | 4.3 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||
| EBITDA | 12.3 | 25.7 | 54.1 | 107.8 | 191.4 | 17.8 | 37.8 | 30.1 | 22.8 | 1.2 | (37.5) |
| EBIT | (50.0) | (26.7) | 5.1 | 69.3 | 157.5 | (18.6) | 5.7 | (9.3) | (12.2) | (33.1) | (65.4) |
| Income Before Tax | (50.5) | (27.2) | 4.4 | 68.7 | 156.9 | (20.1) | (1.1) | (14.5) | (16.5) | (35.6) | (65.5) |
| Income Tax Expense | 10.6 | 11.0 | 14.7 | 1.3 | (1.7) | 0.0 | 3.7 | 1.1 | (2.3) | 2.6 | 3.2 |
| Net Income | (61.1) | (38.1) | (10.3) | 67.4 | 158.6 | (20.1) | (4.8) | (15.6) | (14.2) | (38.2) | (68.8) |
| Per Share Data | |||||||||||
| EPS (Basic) | -0.51 | -0.31 | -0.08 | 0.53 | 1.30 | -0.18 | -0.05 | -0.16 | -0.16 | -0.42 | -0.77 |
| EPS (Diluted) | -0.51 | -0.31 | -0.08 | 0.49 | 1.13 | -0.18 | -0.05 | -0.15 | -0.13 | -0.36 | -0.77 |
| Shares Outstanding | 120.8 | 123.2 | 127.7 | 127.7 | 122.2 | 109.8 | 103.8 | 99.3 | 91.7 | 91.7 | 88.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 174.7 | 169.7 | 220.2 | 274.9 | 640.1 | 407.1 | 338.6 | 220.9 | 130.6 | 74.9 |
| Short-Term Investments | 52.9 | 51.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 65.8 | 44.5 | 67.6 | 101.2 | 100.8 | 54.9 | 102.7 | 73.2 | 47.4 | 45.3 |
| Inventory | 171.0 | 231.5 | 346.5 | 454.3 | 185.1 | 180.8 | 219.8 | 193.2 | 113.9 | 53.6 |
| Other Current Assets | 39.6 | 53.9 | 0 | 0 | 0 | 0.2 | 0.2 | 0.2 | 0.2 | 9.6 |
| Total Current Assets | 504.0 | 551.1 | 659.6 | 867.4 | 957.5 | 660.4 | 679.1 | 497.6 | 301.5 | 183.4 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 117.6 | 152.3 | 136.0 | 114.5 | 105.2 | 103.1 | 78.1 | 85.4 | 95.1 | 90.4 |
| Goodwill | 82.9 | 82.9 | 80.4 | 77.3 | 15.5 | 15.5 | 1.0 | 0 | 1 | 1 |
| Intangible Assets | 75.4 | 88.0 | 90.0 | 91.1 | 24.4 | 26.4 | 0.0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | (1.0) | 0 | (1) | (1) |
| Other Non-Current Assets | 33.0 | 31.7 | 16.5 | 36.6 | 26.1 | 8.8 | 3.2 | 3.6 | 2.3 | 2.5 |
| Total Non-Current Assets | 319.2 | 365.2 | 342.6 | 321.0 | 181.3 | 155.7 | 82.5 | 89.9 | 98.6 | 95.5 |
| Total Assets | 823.3 | 916.3 | 1,002.2 | 1,188.4 | 1,138.8 | 816.1 | 761.6 | 587.5 | 400.0 | 278.9 |
| Current Liabilities | ||||||||||
| Account Payables | 184.1 | 194.6 | 188.0 | 335.8 | 215.0 | 250.3 | 251.9 | 195.2 | 114.5 | 77.9 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 6.7 | 8.3 | 6.7 | 0 | 0 |
| Deferred Revenue | 21.8 | 21.8 | 20.2 | 27.3 | 35.9 | 15.3 | 13.7 | 11.6 | 10.9 | 7.4 |
| Other Current Liabilities | 61.1 | 54.4 | 111.4 | 131.3 | 119.9 | 59.0 | 83.0 | 45.4 | 8.5 | 31.6 |
| Total Current Liabilities | 352.4 | 366.2 | 354.2 | 535.6 | 476.1 | 393.0 | 402.5 | 296.4 | 223.3 | 151.5 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 18.3 | 24.8 | 33.1 | 39.6 | 24.5 |
| Deferred Tax Liabilities | 0.1 | 0.1 | 9.8 | 9.6 | 2.4 | 2.4 | 0 | 0 | 90.3 | 90.3 |
| Other Non-Current Liabilities | 2.8 | 3.8 | 3.9 | 0.8 | 3.6 | 7.1 | 10.6 | 10.3 | 102.5 | 102.8 |
| Total Non-Current Liabilities | 115.6 | 121.5 | 129.4 | 92.2 | 93.6 | 125.2 | 78.2 | 82.8 | 176.7 | 156.1 |
| Total Liabilities | 468.1 | 487.7 | 483.6 | 627.9 | 569.8 | 518.2 | 480.7 | 379.1 | 400.0 | 307.7 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Retained Earnings | (112.1) | (50.9) | (12.8) | (2.5) | (69.9) | (228.5) | (208.4) | (203.6) | (188.0) | (173.8) |
| Accumulated Other Comprehensive Income | 1.8 | (1.7) | (3.4) | (3.6) | (1.4) | (1.9) | (0.1) | (1.7) | (2.2) | 0.3 |
| Total Stockholders' Equity | 355.2 | 428.6 | 518.7 | 560.5 | 569.0 | 297.8 | 280.9 | 208.4 | 0.0 | (28.8) |
| Total Liabilities & Equity | 823.3 | 916.3 | 1,002.2 | 1,188.4 | 1,138.8 | 816.1 | 761.6 | 587.5 | 400.0 | 278.9 |
| Debt Metrics | ||||||||||
| Total Debt | 59.6 | 64.1 | 56.1 | 36.1 | 44.7 | 86.2 | 33.2 | 39.8 | 39.6 | 24.5 |
| Net Debt | (115.0) | (105.6) | (164.1) | (238.7) | (595.4) | (320.9) | (305.5) | (181.2) | (91.0) | (50.4) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (61.1) | (38.1) | (10.3) | 67.4 | 158.6 | (20.1) | (4.8) | (15.6) | (14.2) | (38.2) |
| Depreciation & Amortization | 62.3 | 52.4 | 49.0 | 38.5 | 33.9 | 36.4 | 36.4 | 39.4 | 35.0 | 34.3 |
| Stock-Based Compensation | 81.6 | 84.3 | 76.9 | 75.6 | 62.1 | 57.6 | 46.6 | 38.6 | 36.5 | 26.0 |
| Change in Working Capital | 27.9 | 102.8 | (38.9) | (230.0) | 2.6 | 72.9 | 35.9 | (34.6) | 8.0 | 17.2 |
| Other Non-Cash Items | 26.2 | 7.5 | 24.4 | 21.8 | 4.4 | 15.7 | 6.7 | 2.6 | (2.9) | 4.9 |
| Operating Cash Flow | 136.9 | 189.9 | 100.4 | (28.3) | 253.2 | 162.0 | 120.6 | 30.6 | 64.0 | 43.3 |
| Investing Activities | ||||||||||
| Capital Expenditure | (28.7) | (55.2) | (50.3) | (46.2) | (45.5) | (33.0) | (23.2) | (35.7) | (33.6) | (52.5) |
| Acquisitions | 0 | 0 | 0 | (126.4) | 0 | (36.3) | 0 | 0 | 0 | 0 |
| Purchases of Investments | (57.9) | (90.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 57.1 | 40.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (29.5) | (105.2) | (50.3) | (172.6) | (45.5) | (69.3) | (23.2) | (35.7) | (33.6) | (52.5) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | (25) | (8.3) | (6.7) | (0.3) | 15.0 | 4.4 |
| Stock Repurchased | (81.0) | (154.4) | (129.9) | (189.8) | (97.9) | (61.0) | (2.4) | (0.9) | (10.0) | (0.1) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (25.9) | 17.1 | 21.3 | 39.5 | 147.8 | 42.3 | 31.0 | 5.0 | 19.0 | 3.7 |
| Financing Cash Flow | (102.3) | (137.3) | (108.6) | (150.3) | 25.0 | (27.1) | 21.9 | 94.4 | 24.0 | 8.0 |
| Cash Position | ||||||||||
| Net Change in Cash | 4.9 | (50.5) | (54.6) | (365.2) | 232.8 | 68.5 | 117.7 | 90.3 | 55.7 | (1.4) |
| Cash at Beginning | 169.7 | 220.2 | 274.9 | 640.1 | 407.3 | 338.8 | 221.1 | 130.6 | 74.9 | 76.4 |
| Cash at End | 174.7 | 169.7 | 220.2 | 274.9 | 640.1 | 407.3 | 338.8 | 220.9 | 130.6 | 74.9 |
| Free Cash Flow | 108.2 | 134.7 | 50.1 | (74.5) | 207.7 | 129.0 | 97.4 | (5.2) | 30.4 | (9.2) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 1,443.3 | 1,518.1 | 1,655.3 | 1,752.3 | 1,716.7 | 1,326.3 | 1,260.8 | 1,137.0 | 992.5 | 901.3 | 843.5 |
| Gross Profit | 630.5 | 689.4 | 716.5 | 796.4 | 810.0 | 572.0 | 527.3 | 489.3 | 456.1 | 403.4 | 382.1 |
| Operating Income | (50.5) | (48.0) | (20.5) | 89.5 | 155.0 | (27.2) | 1.4 | (8.9) | (15.6) | (30.9) | (55.7) |
| Net Income | (61.1) | (38.1) | (10.3) | 67.4 | 158.6 | (20.1) | (4.8) | (15.6) | (14.2) | (38.2) | (68.8) |
| EPS (Diluted) | -0.51 | -0.31 | -0.08 | 0.49 | 1.13 | -0.18 | -0.05 | -0.15 | -0.13 | -0.36 | -0.77 |
| Balance Sheet | |||||||||||
| Cash & Equivalents | 174.7 | 169.7 | 220.2 | 274.9 | 640.1 | 407.1 | 338.6 | 220.9 | 130.6 | 74.9 | |
| Total Assets | 823.3 | 916.3 | 1,002.2 | 1,188.4 | 1,138.8 | 816.1 | 761.6 | 587.5 | 400.0 | 278.9 | |
| Total Debt | 59.6 | 64.1 | 56.1 | 36.1 | 44.7 | 86.2 | 33.2 | 39.8 | 39.6 | 24.5 | |
| Stockholders' Equity | 355.2 | 428.6 | 518.7 | 560.5 | 569.0 | 297.8 | 280.9 | 208.4 | 0.0 | (28.8) | |
| Cash Flow | |||||||||||
| Operating Cash Flow | 136.9 | 189.9 | 100.4 | (28.3) | 253.2 | 162.0 | 120.6 | 30.6 | 64.0 | 43.3 | |
| Capital Expenditure | (28.7) | (55.2) | (50.3) | (46.2) | (45.5) | (33.0) | (23.2) | (35.7) | (33.6) | (52.5) | |
| Free Cash Flow | 108.2 | 134.7 | 50.1 | (74.5) | 207.7 | 129.0 | 97.4 | (5.2) | 30.4 | (9.2) | |