Sonos Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 27, 2025	Sep '24 Sep 28, 2024	Sep '23 Sep 30, 2023	Oct '22 Oct 1, 2022	Oct '21 Oct 2, 2021
Revenue	1,443	1,518	1,655	1,752	1,717
Revenue Growth (YoY)	-4.93%	-8.29%	-5.54%	2.07%	29.44%
Cost of Revenue	809.33	828.68	938.77	955.97	906.75
Gross Profit	633.95	689.37	716.49	796.37	809.99
Selling, General & Admin	383.51	426.75	436.04	450.76	424.95
Research & Development	267.41	298.82	301	256.07	230.08
Operating Expenses	650.93	725.57	737.04	706.84	655.03
Operating Income	-16.98	-36.19	-20.55	89.53	154.96
Interest Expense	-0.47	-0.44	-0.73	-0.55	-0.59
Interest & Investment Income	6.93	11.97	10.2	1.66	0.15
Currency Exchange Gain (Loss)	-6.46	9.06	13.67	-21.88	2.35
Other Non Operating Income (Expenses)	-0.04	0.31	1.8	-0.03	0.05
EBT Excluding Unusual Items	-17.01	-15.3	4.39	68.73	156.93
Merger & Restructuring Charges	-33.49	-11.85	-	-	-
Pretax Income	-50.5	-27.15	4.39	68.73	156.93
Income Tax Expense	10.65	11	14.67	1.35	-1.67
Net Income	-61.14	-38.15	-10.27	67.38	158.6
Net Income to Common	-61.14	-38.15	-10.27	67.38	158.6
Net Income Growth	-	-	-	-57.51%	-
Shares Outstanding (Basic)	121	123	128	128	122
Shares Outstanding (Diluted)	121	123	128	138	140
Shares Change (YoY)	-2.00%	-3.51%	-7.30%	-1.81%	27.78%
EPS (Basic)	-0.51	-0.31	-0.08	0.53	1.30
EPS (Diluted)	-0.51	-0.31	-0.08	0.49	1.13
EPS Growth	-	-	-	-56.64%	-
Free Cash Flow	108.19	134.66	50.12	-74.48	207.7
Free Cash Flow Per Share	0.90	1.09	0.39	-0.54	1.48
Gross Margin	43.92%	45.41%	43.29%	45.45%	47.18%
Operating Margin	-1.18%	-2.38%	-1.24%	5.11%	9.03%
Profit Margin	-4.24%	-2.51%	-0.62%	3.84%	9.24%
Free Cash Flow Margin	7.50%	8.87%	3.03%	-4.25%	12.10%
EBITDA	41.74	12.69	24.72	128.04	188.85
EBITDA Margin	2.89%	0.84%	1.49%	7.31%	11.00%
D&A For EBITDA	58.72	48.88	45.27	38.5	33.88
EBIT	-16.98	-36.19	-20.55	89.53	154.96
EBIT Margin	-1.18%	-2.38%	-1.24%	5.11%	9.03%
Effective Tax Rate	-	-	333.82%	1.96%	-
Advertising Expenses	42.8	55.8	43.9	66.6	62.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.