Sonos Income Statement

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

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 27, 2025	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	1,438	1,443	1,518	1,655	1,752	1,717
Revenue Growth (YoY)	-1.23%	-4.93%	-8.29%	-5.54%	2.07%	29.44%
Cost of Revenue	792.08	809.33	828.68	938.77	955.97	906.75
Gross Profit	646	633.95	689.37	716.49	796.37	809.99
Selling, General & Admin	364.32	383.51	426.75	436.04	450.76	424.95
Research & Development	246.28	267.41	298.82	301	256.07	230.08
Operating Expenses	610.6	650.93	725.57	737.04	706.84	655.03
Operating Income	35.41	-16.98	-36.19	-20.55	89.53	154.96
Interest Expense	-0.47	-0.47	-0.44	-0.73	-0.55	-0.59
Interest & Investment Income	6.42	6.93	11.97	10.2	1.66	0.15
Currency Exchange Gain (Loss)	-0.01	-6.46	9.06	13.67	-21.88	2.35
Other Non Operating Income (Expenses)	-0.04	-0.04	0.31	1.8	-0.03	0.05
EBT Excluding Unusual Items	41.31	-17.01	-15.3	4.39	68.73	156.93
Merger & Restructuring Charges	-33.55	-33.49	-11.85	-	-	-
Pretax Income	7.76	-50.5	-27.15	4.39	68.73	156.93
Income Tax Expense	25.34	10.65	11	14.67	1.35	-1.67
Net Income	-17.58	-61.14	-38.15	-10.27	67.38	158.6
Net Income to Common	-17.58	-61.14	-38.15	-10.27	67.38	158.6
Net Income Growth	-	-	-	-	-57.51%	-
Shares Outstanding (Basic)	120	121	123	128	128	122
Shares Outstanding (Diluted)	120	121	123	128	138	140
Shares Change (YoY)	-1.70%	-2.00%	-3.51%	-7.30%	-1.81%	27.78%
EPS (Basic)	-0.15	-0.51	-0.31	-0.08	0.53	1.30
EPS (Diluted)	-0.15	-0.51	-0.31	-0.08	0.49	1.13
EPS Growth	-	-	-	-	-56.64%	-
Free Cash Flow	122.48	108.19	134.66	50.12	-74.48	207.7
Free Cash Flow Per Share	1.02	0.90	1.09	0.39	-0.54	1.48
Gross Margin	44.92%	43.92%	45.41%	43.29%	45.45%	47.18%
Operating Margin	2.46%	-1.18%	-2.38%	-1.24%	5.11%	9.03%
Profit Margin	-1.22%	-4.24%	-2.51%	-0.62%	3.84%	9.24%
Free Cash Flow Margin	8.52%	7.50%	8.87%	3.03%	-4.25%	12.10%
EBITDA	90.34	41.74	12.69	24.72	128.04	188.85
EBITDA Margin	6.28%	2.89%	0.84%	1.49%	7.31%	11.00%
D&A For EBITDA	54.93	58.72	48.88	45.27	38.5	33.88
EBIT	35.41	-16.98	-36.19	-20.55	89.53	154.96
EBIT Margin	2.46%	-1.18%	-2.38%	-1.24%	5.11%	9.03%
Effective Tax Rate	326.70%	-	-	333.82%	1.96%	-
Advertising Expenses	-	42.8	55.8	43.9	66.6	62.3

Updated Dec 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.