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Sonder Holdings (Sonder Holdings) Net Margin % : -39.95% (As of Sep. 2023)


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What is Sonder Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sonder Holdings's Net Income for the three months ended in Sep. 2023 was $-64.3 Mil. Sonder Holdings's Revenue for the three months ended in Sep. 2023 was $160.9 Mil. Therefore, Sonder Holdings's net margin for the quarter that ended in Sep. 2023 was -39.95%.

The historical rank and industry rank for Sonder Holdings's Net Margin % or its related term are showing as below:

SOND' s Net Margin % Range Over the Past 10 Years
Min: -216.39   Med: -125.56   Max: -35.95
Current: -44.16


SOND's Net Margin % is ranked worse than
90.74% of 821 companies
in the Travel & Leisure industry
Industry Median: 4.73 vs SOND: -44.16

Sonder Holdings Net Margin % Historical Data

The historical data trend for Sonder Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sonder Holdings Net Margin % Chart

Sonder Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Net Margin %
-124.73 -216.39 -126.38 -35.95

Sonder Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -59.18 -42.55 -71.59 -28.80 -39.95

Competitive Comparison of Sonder Holdings's Net Margin %

For the Lodging subindustry, Sonder Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sonder Holdings's Net Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sonder Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Sonder Holdings's Net Margin % falls into.



Sonder Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Sonder Holdings's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-165.742/461.083
=-35.95 %

Sonder Holdings's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-64.276/160.896
=-39.95 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sonder Holdings  (NAS:SOND) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Sonder Holdings Net Margin % Related Terms

Thank you for viewing the detailed overview of Sonder Holdings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sonder Holdings (Sonder Holdings) Business Description

Traded in Other Exchanges
Address
101 15th Street, San Francisco, CA, USA, 94103
Sonder Holdings Inc is engaged in providing short and long-term accommodations to travelers in various cities across North America, Europe, and the Middle East. The Sonder units in each apartment-style building and each hotel property are selected, designed, and managed directly by the Company. The Company generates revenues by providing short-term or month-to-month accommodations to its guests.
Executives
Christopher Michael Berry officer: Chief Accounting Officer C/O SONDER HOLDINGS INC., 101 15TH ST., SAN FRANCISCO CA 94103
Francis Davidson director, officer: Chief Executive Officer C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Philip L Rothenberg officer: General Counsel & Secretary C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Dominique Bourgault officer: Chief Financial Officer 6802 AZALEA WAY SE, SNOQUALMIE WA 98065
Prashant Aggarwal director C/O ARLO TECHNOLOGIES, INC., 350 EAST PLUMERIA DR, SAN JOSE CA 95134
Martin Picard officer: Global Head of Real Estate C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Michelle M Frymire director C/O SPIRIT REALTY CAPITAL, INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Nabeel A Hyatt director C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Van Paasschen Frits D director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Gilda Perez-alvarado director C/O SONDER HOLDINGS, INC., 101 15TH ST., SAN FRANCISCO CA 94103
Janice L. Sears director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Sanjay D Banker officer: President and CFO C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Ritesh K Patel officer: VP, Controller C/O SONDER HOLDINGS INC., 101 15TH ST., SAN FRANCISCO CA 94103
Satyen J Pandya officer: Chief Technology Officer C/O SONDER HOLDINGS, INC., 101 15TH ST., SAN FRANCISCO CA 94103
Manon Brouillette director 40 AVENUE SPRINGGROVE, MONTREAL Z4 H3C 4M8