Sonos (SONO) Net Margin %

: 13.21% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Sonos's Net Income for the three months ended in Dec. 2023 was $81 Mil. Sonos's Revenue for the three months ended in Dec. 2023 was $613 Mil. Therefore, Sonos's net margin for the quarter that ended in Dec. 2023 was 13.21%.

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

SONO' s Net Margin % Range Over the Past 10 Years
Min: -8.15 Med: -1.37 Max: 9.24
Current: -0.28

SONO's Net Margin % is ranked worse than
65.72% of 2462 companies
in the Hardware industry
Industry Median: 2.835 vs SONO: -0.28

Sonos Net Margin % Historical Data

The historical data trend for Sonos'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.

Sonos Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Net Margin %

-0.38

-1.52

9.24

3.85

-0.62

Sonos Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																11.18	-10.08	-6.31	-10.24	13.21

Competitive Comparison

For the Consumer Electronics subindustry, Sonos'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.

Sonos Net Margin % Distribution

For the Hardware industry and Technology sector, Sonos's Net Margin % distribution charts can be found below:

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

Sonos 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.

Sonos's Net Margin for the fiscal year that ended in Sep. 2023 is calculated as

Net Margin	=	Net Income (A: Sep. 2023 )	/	Revenue (A: Sep. 2023 )
	=	-10.274	/	1655.255
	=	-0.62 %

Sonos's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	80.947	/	612.869
	=	13.21 %

Sonos (NAS:SONO) 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.

Sonos Net Margin % Related Terms

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Sonos (SONO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sonos Inc (NAS:SONO) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

8SO:Germany SONO:Austria

Address

614 Chapala Street, Santa Barbara, CA, USA, 93101

Website

https://www.sonos.com

Sonos Inc is engaged in providing home sound systems. The company's product profile includes speaker sets and other accessories like boost, mounts, stands, and cables and networking. Geographically, the company operates in the Americas, Europe, the Middle East and Africa, and the Asia Pacific. Generating a majority of its revenue from the Americas.

Executives

Joanna Coles	director	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Maxime Bouvat-merlin	officer: Chief Product Officer	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Edward P Lazarus	officer: CFO & CLO	C/O TRIBUNE COMPANY, 435 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Shamayne Braman	officer: Chief People Officer	C/O SONOS, INC., 614 CHAPALA ST., SANTA BARBARA CA 93101
Nicholas Millington	officer: Chief Innovation Officer	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Patrick Spence	director, officer: Chief Executive Officer	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Thomas Conrad	director	2101 WEBSTER STREET, SUITE 1650, OAKLAND CA 94612
Christopher Scott Mason	officer: Principal Accounting Officer	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Matthew O. Siegel	officer: Chief Commercial Officer	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Brittany Bagley	director	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Anna Fraser	officer: Chief People Officer	C/O SONOS INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Michelangelo Volpi	director	C/O HORTONWORKS, INC., 3640 W. BAYSHORE RD., PALO ALTO CA 94303
Julius Genachowski	director	C/O INTERACTIVECORP, 152 WEST 57TH STREET, NEW YORK NY 10019
Panos Panay	director	614 CHAPALA STREET, SANTA BARBARA CA 93101
John Maeda	director	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101