Sonos, Inc. SONO Ratios & Valuation
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 44.8%+0.1pp | 44.7%+1.0pp | 43.7%+0.6pp | 43.1%-1.3pp | 44.4%-0.1pp | |
| Operating margin | 2.2%+2.0pp | 0.1%+3.6pp | -3.5%+2.6pp | -6.1%-1.3pp | -4.8%+0.7pp | |
| Net margin | 1.6%+2.8pp | -1.2%+3.0pp | -4.2%+1.2pp | -5.4%-0.7pp | -4.7%0.0pp | |
| EBITDA margin | 6%+1.7pp | 4.2%+3.4pp | 0.8%+2.2pp | -1.4%-0.8pp | -0.5%+0.9pp | |
| Returns | ||||||
| Return on equity | 6.2%+10.0pp | -3.9%+11.7pp | -15.6%+2.1pp | -17.7%-1.9pp | -15.8%-2.9pp | |
| Return on assets | 2.9%+4.7pp | -1.8%+5.2pp | -7%+1.5pp | -8.5%-0.4pp | -8.1%-1.4pp | |
| Return on invested capital | 6.6%+6.3pp | 0.3%+17.0pp | -16.7%+12.4pp | -29.1%-5.6pp | -23.5%-3.8pp | |
| Efficiency | ||||||
| Asset turnover | 1.8×+0.3× | 1.5×-0.2× | 1.7×+0.1× | 1.6×-0.1× | 1.7×+0.3× | |
| Inventory turnover | 5.4×-0.6× | 6×+1.9× | 4×-1.9× | 5.9×+0.8× | 5.1×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.6×-0.1× | 1.6×+0.2× | 1.4×-0.2× | 1.6×0.0× | 1.6×-0.1× | |
| Quick ratio | 1.1×-0.2× | 1.3×+0.4× | 0.9×-0.3× | 1.2×+0.1× | 1.1×-0.2× | |
| Cash ratio | 0.3×0.0× | 0.3×-0.2× | 0.4×-0.1× | 0.5×0.0× | 0.5×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0.2×0.0× | 0.1×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Debt-to-assets | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Net debt / EBITDA | -0.4×+0.4× | -0.8×+7.5× | -8.3×— | —— | —— | |
| Interest coverage | 67.6×+63.7× | 3.9×+112× | -108.5×+83.9× | -192.4×-31.0× | -161.5×+17.1× | |
| Per Share | ||||||
| Book value per share | $3.20-10.1% | $3.56+20.9% | $2.94-11.3% | $3.32+3.9% | $3.19-15.1% | |
| Valuation | ||||||
| Market capitalization | $1.79B+3.3% | $1.73B-16.4% | $2.08B+59.9% | $1.3B+19.1% | $1.09B-34.5% | |
| Enterprise value | $1.75B+4.2% | $1.68B-14.8% | $1.98B+66.4% | $1.19B+19.3% | $995.44M-33.3% | |
| Price / earnings | 75.7×— | —— | —— | —— | —— | |
| Price / sales | 1.2×0.0× | 1.2×-0.2× | 1.4×+0.5× | 0.9×+0.2× | 0.7×-0.4× | |
| Price / book | 4.7×+0.8× | 3.9×-1.9× | 5.8×+2.6× | 3.3×+0.4× | 2.8×-0.7× | |
| EV / EBITDA | 20.2×-7.6× | 27.8×-139× | 166.8×— | —— | —— | |
| EV / sales | 1.2×0.0× | 1.2×-0.2× | 1.4×+0.5× | 0.8×+0.2× | 0.7×-0.3× | |
| Earnings yield | 1.3%+2.3pp | -1%+1.9pp | -2.9%+2.9pp | -5.9%+0.5pp | -6.4%-2.2pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Sonos, Inc.'s profit margins?
- Sonos, Inc. (SONO) runs a 44.8% gross margin and a 2.2% operating margin, with a 1.6% net margin.
- Where do Sonos, Inc.'s ratios come from?
- Every ratio is computed from Sonos, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.