Sonos, Inc. SONO Ratios & Valuation
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 44.8%+0.4pp | 44.7%+0.2pp | 43.7%-1.7pp | 43.1%-2.5pp | 44.4%-0.6pp | |
| Operating margin | 2.2%+6.9pp | 0.1%+5.6pp | -3.5%-0.3pp | -6.1%-5.6pp | -4.8%-2.1pp | |
| Net margin | 1.6%+6.4pp | -1.2%+3.5pp | -4.2%-1.7pp | -5.4%-4.4pp | -4.7%-1.9pp | |
| EBITDA margin | 6%+6.5pp | 4.2%+5.7pp | 0.8%+0.5pp | -1.4%-4.1pp | -0.5%-1.1pp | |
| Returns | ||||||
| Return on equity | 6.2%+22.0pp | -3.9%+9.1pp | -15.6%-7.5pp | -17.7%-14.6pp | -15.8%-7.9pp | |
| Return on assets | 2.9%+11.0pp | -1.8%+4.8pp | -7%-3.1pp | -8.5%-6.9pp | -8.1%-3.7pp | |
| Return on invested capital | 6.6%+30.0pp | 0.3%+19.9pp | -16.7%-3.0pp | -29.1%-27.0pp | -23.5%-11.0pp | |
| Efficiency | ||||||
| Asset turnover | 1.8×+0.1× | 1.5×+0.1× | 1.7×+0.1× | 1.6×0.0× | 1.7×+0.1× | |
| Inventory turnover | 5.4×+0.3× | 6×+0.8× | 4×+1.2× | 5.9×+2.2× | 5.1×+1.8× | |
| Liquidity | ||||||
| Current ratio | 1.6×0.0× | 1.6×0.0× | 1.4×-0.1× | 1.6×-0.1× | 1.6×-0.4× | |
| Quick ratio | 1.1×0.0× | 1.3×+0.1× | 0.9×+0.1× | 1.2×0.0× | 1.1×-0.2× | |
| Cash ratio | 0.3×-0.3× | 0.3×-0.3× | 0.4×+0.1× | 0.5×-0.1× | 0.5×-0.3× | |
| 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×— | -0.8×— | -8.3×+10.1× | —— | —— | |
| Interest coverage | 67.6×+229× | 3.9×+183× | -108.5×+0.4× | -192.4×-178× | -161.5×-98.5× | |
| Per Share | ||||||
| Book value per share | $3.20+0.2% | $3.56-5.4% | $2.94-15.4% | $3.32-9.1% | $3.19-20.0% | |
| Valuation | ||||||
| Market capitalization | $1.79B+64.5% | $1.73B+4.3% | $2.08B+35.2% | $1.3B-22.3% | $1.09B-47.9% | |
| Enterprise value | $1.75B+76.3% | $1.68B+12.9% | $1.98B+35.8% | $1.19B-21.0% | $995.44M-47.7% | |
| Price / earnings | 75.7×— | —— | —— | —— | —— | |
| Price / sales | 1.2×+0.5× | 1.2×+0.1× | 1.4×+0.4× | 0.9×-0.1× | 0.7×-0.6× | |
| Price / book | 4.7×+1.8× | 3.9×+0.4× | 5.8×+2.3× | 3.3×-0.3× | 2.8×-1.4× | |
| EV / EBITDA | 20.2×— | 27.8×— | 166.8×-169× | —— | —— | |
| EV / sales | 1.2×+0.5× | 1.2×+0.1× | 1.4×+0.4× | 0.8×-0.1× | 0.7×-0.6× | |
| Earnings yield | 1.3%+7.7pp | -1%+3.1pp | -2.9%-0.5pp | -5.9%-4.9pp | -6.4%-4.3pp |
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.