Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Sonos.
Income Statement
| Breakdown | September 28, 2024 | September 30, 2023 | October 01, 2022 | October 02, 2021 | October 03, 2020 | September 28, 2019 | September 29, 2018 | September 30, 2017 | September 30, 2016 | September 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.52B | $1.66B | $1.75B | $1.72B | $1.33B | $1.26B | $1.14B | $992.53M | $901.28M | $843.52M |
| Cost of Revenue | $828.68M | $938.76M | $955.97M | $906.75M | $754.37M | $733.48M | $647.70M | $536.46M | $497.88M | $461.39M |
| Gross Profit | $689.37M | $716.49M | $796.37M | $809.99M | $571.96M | $527.34M | $489.31M | $456.06M | $403.40M | $382.14M |
| Gross Profit Ratio | 45.41% | 43.29% | 45.45% | 47.18% | 43.12% | 41.83% | 43.03% | 45.95% | 44.76% | 45.30% |
| Research and Development Expenses | $304.56M | $301.00M | $256.07M | $230.08M | $214.67M | $171.17M | $142.11M | $124.39M | $107.73M | $100.65M |
| General and Administrative Expenses | $138.91M | $165.06M | $170.43M | $152.83M | $120.98M | $102.87M | $85.20M | $77.12M | $68.53M | $64.81M |
| Selling and Marketing Expenses | $287.84M | $261.88M | $280.33M | $272.12M | $263.54M | $247.60M | $270.87M | $270.16M | $258.01M | $272.43M |
| Selling General and Administrative Expenses | $432.86M | $426.94M | $450.76M | $424.95M | $384.52M | $350.47M | $356.07M | $347.28M | $326.54M | $337.23M |
| Other Expenses | $- | $9.09M | $-21.91M | $2.41M | $6.64M | $-8.62M | $-1.16M | $3.36M | $-2.21M | $-9.63M |
| Operating Expenses | $737.42M | $737.04M | $706.84M | $655.03M | $599.19M | $521.64M | $498.18M | $471.67M | $434.27M | $437.88M |
| Cost and Expenses | $1.57B | $1.68B | $1.66B | $1.56B | $1.35B | $1.26B | $1.15B | $1.01B | $932.16M | $899.27M |
| Interest Income | $11.96M | $10.20M | $1.66M | $146.00K | $2.00M | $4.35M | $- | $- | $- | $- |
| Interest Expense | $441.00K | $733.00K | $552.00K | $592.00K | $1.49M | $2.50M | $4.51M | $4.26M | $2.49M | $156.00K |
| Depreciation and Amortization | $52.38M | $48.97M | $38.50M | $33.88M | $36.43M | $36.41M | $39.36M | $35.01M | $34.32M | $27.86M |
| EBITDA | $25.67M | $54.10M | $107.79M | $191.40M | $17.83M | $37.84M | $30.05M | $22.77M | $1.24M | $-37.52M |
| EBITDA Ratio | 1.69% | 3.27% | 6.15% | 11.15% | 1.34% | 3.00% | 2.64% | 2.29% | 0.14% | -4.45% |
| Operating Income | $-48.05M | $-20.55M | $69.28M | $154.96M | $-18.60M | $1.42M | $-8.88M | $-15.61M | $-30.87M | $-55.75M |
| Operating Income Ratio | -3.16% | -1.24% | 3.95% | 9.03% | -1.40% | 0.11% | -0.78% | -1.57% | -3.43% | -6.61% |
| Total Other Income Expenses Net | $20.89M | $24.94M | $-20.80M | $1.96M | $7.15M | $-6.78M | $-5.67M | $-899.00K | $-4.70M | $-9.79M |
| Income Before Tax | $-27.15M | $4.39M | $68.73M | $156.93M | $-20.08M | $-1.08M | $-14.55M | $-16.51M | $-35.57M | $-65.53M |
| Income Before Tax Ratio | -1.79% | 0.27% | 3.92% | 9.14% | -1.51% | -0.09% | -1.28% | -1.66% | -3.95% | -7.77% |
| Income Tax Expense | $10.99M | $14.67M | $1.35M | $-1.67M | $32.00K | $3.69M | $1.06M | $-2.29M | $2.64M | $3.24M |
| Net Income | $-38.15M | $-10.27M | $67.38M | $158.59M | $-20.11M | $-4.77M | $-15.60M | $-14.22M | $-38.21M | $-68.78M |
| Net Income Ratio | -2.51% | -0.62% | 3.85% | 9.24% | -1.52% | -0.38% | -1.37% | -1.43% | -4.24% | -8.15% |
| EPS | $-0.31 | $-0.08 | $0.53 | $1.30 | $-0.18 | $-0.05 | $-0.24 | $-0.16 | $-0.42 | $-0.77 |
| EPS Diluted | $-0.31 | $-0.08 | $0.49 | $1.13 | $-0.18 | $-0.05 | $-0.24 | $-0.13 | $-0.36 | $-0.77 |
| Weighted Average Shares Outstanding | 123.22M | 127.70M | 127.69M | 122.25M | 109.81M | 103.78M | 65.71M | 91.67M | 91.67M | 88.80M |
| Weighted Average Shares Outstanding Diluted | 123.22M | 127.70M | 137.76M | 140.31M | 109.81M | 103.78M | 65.71M | 105.85M | 105.85M | 88.80M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | September 28, 2024 | September 30, 2023 | October 01, 2022 | October 02, 2021 | October 03, 2020 | September 28, 2019 | September 29, 2018 | September 30, 2017 | September 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $169.73M | $220.23M | $274.86M | $640.10M | $407.10M | $338.64M | $220.93M | $130.59M | $74.91M |
| Short Term Investments | $51.43M | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $221.16M | $220.23M | $274.86M | $640.10M | $407.10M | $338.64M | $220.93M | $130.59M | $74.91M |
| Net Receivables | $44.51M | $67.58M | $101.21M | $100.78M | $54.94M | $102.74M | $73.21M | $47.36M | $45.31M |
| Inventory | $231.50M | $346.52M | $454.29M | $185.13M | $180.83M | $219.78M | $193.19M | $113.86M | $53.56M |
| Other Current Assets | $53.91M | $25.30M | $74.08M | $31.50M | $17.51M | $17.94M | $10.26M | $9.65M | $9.62M |
| Total Current Assets | $551.09M | $659.63M | $867.39M | $957.51M | $660.38M | $679.11M | $497.60M | $301.47M | $183.40M |
| Property Plant Equipment Net | $152.32M | $135.99M | $114.50M | $105.18M | $103.13M | $78.14M | $85.37M | $95.13M | $90.39M |
| Goodwill | $82.85M | $80.42M | $77.30M | $15.54M | $15.54M | $1.00M | $- | $1.00M | $1.00M |
| Intangible Assets | $103.38M | $90.01M | $91.06M | $24.45M | $26.39M | $13.00K | $- | $- | $- |
| Goodwill and Intangible Assets | $186.23M | $170.43M | $168.36M | $39.99M | $41.94M | $1.02M | $- | $1.00M | $1.00M |
| Long Term Investments | $- | $- | $- | $- | $- | $-1.02M | $- | $-1.00M | $-1.00M |
| Tax Assets | $10.31M | $19.66M | $1.51M | $10.03M | $1.80M | $1.15M | $941.00K | $1.11M | $2.54M |
| Other Non-Current Assets | $16.36M | $16.53M | $36.63M | $26.09M | $8.81M | $3.20M | $3.59M | $2.31M | $2.54M |
| Total Non-Current Assets | $365.23M | $342.61M | $321.00M | $181.29M | $155.67M | $82.50M | $89.90M | $98.55M | $95.48M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $916.31M | $1.00B | $1.19B | $1.14B | $816.05M | $761.61M | $587.50M | $400.02M | $278.88M |
| Account Payables | $194.59M | $187.98M | $335.76M | $215.00M | $250.33M | $251.94M | $195.16M | $114.49M | $77.87M |
| Short Term Debt | $7.55M | $1.15M | $10.53M | $10.72M | $17.58M | $8.33M | $6.67M | $- | $- |
| Tax Payables | $- | $11.41M | $7.08M | $16.94M | $6.25M | $4.39M | $4.17M | $4.80M | $7.95M |
| Deferred Revenue | $21.80M | $20.19M | $27.32M | $35.87M | $15.30M | $13.65M | $11.62M | $10.92M | $7.37M |
| Other Current Liabilities | $142.21M | $133.49M | $154.95M | $197.60M | $103.55M | $124.16M | $78.74M | $93.05M | $58.34M |
| Total Current Liabilities | $366.15M | $354.22M | $535.64M | $476.13M | $393.01M | $402.47M | $296.36M | $223.27M | $151.54M |
| Long Term Debt | $56.59M | $54.96M | $25.60M | $33.96M | $68.61M | $24.84M | $33.10M | $39.60M | $24.50M |
| Deferred Revenue Non-Current | $- | $60.65M | $56.15M | $53.63M | $47.09M | $42.80M | $39.35M | $34.65M | $28.79M |
| Deferred Tax Liabilities Non-Current | $60.00K | $9.85M | $9.64M | $2.39M | $2.43M | $- | $- | $90.34M | $90.34M |
| Other Non-Current Liabilities | $64.89M | $3.91M | $846.00K | $3.65M | $7.07M | $10.57M | $10.33M | $12.14M | $102.84M |
| Total Non-Current Liabilities | $121.54M | $129.37M | $92.24M | $93.63M | $125.20M | $78.20M | $82.78M | $176.73M | $156.13M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $487.69M | $483.58M | $627.88M | $569.76M | $518.21M | $480.68M | $379.14M | $399.99M | $307.67M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $587.50M | $90.34M | $90.34M |
| Common Stock | $123.00K | $130.00K | $130.00K | $129.00K | $114.00K | $110.00K | $101.00K | $59.00K | $55.00K |
| Retained Earnings | $-50.93M | $-12.79M | $-2.51M | $-69.90M | $-228.49M | $-208.38M | $-203.61M | $-188.01M | $-173.79M |
| Accumulated Other Comprehensive Income Loss | $-1.72M | $-3.44M | $-3.60M | $-1.38M | $-1.89M | $-64.00K | $-1.68M | $-2.17M | $321.00K |
| Other Total Stockholders Equity | $481.15M | $534.76M | $566.49M | $640.19M | $528.11M | $489.26M | $413.55M | $9.46M | $144.65M |
| Total Stockholders Equity | $428.62M | $518.66M | $560.51M | $569.04M | $297.84M | $280.93M | $208.36M | $27.00K | $-28.79M |
| Total Equity | $428.62M | $518.66M | $560.51M | $569.04M | $297.84M | $280.93M | $208.36M | $27.00K | $-28.79M |
| Total Liabilities and Stockholders Equity | $916.31M | $1.00B | $1.19B | $1.14B | $816.05M | $761.61M | $587.50M | $400.02M | $278.88M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $916.31M | $1.00B | $1.19B | $1.14B | $816.05M | $761.61M | $587.50M | $400.02M | $278.88M |
| Total Investments | $51.43M | $- | $- | $- | $- | $-1.02M | $- | $-1.00M | $-1.00M |
| Total Debt | $64.14M | $56.11M | $36.13M | $44.68M | $86.19M | $33.17M | $39.76M | $39.60M | $24.50M |
| Net Debt | $-105.59M | $-164.12M | $-238.73M | $-595.42M | $-320.91M | $-305.47M | $-181.17M | $-91.00M | $-50.41M |
Cash Flow Statement
| Breakdown | September 28, 2024 | September 30, 2023 | October 01, 2022 | October 02, 2021 | October 03, 2020 | September 28, 2019 | September 29, 2018 | September 30, 2017 | September 30, 2016 | September 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-38.15M | $-10.27M | $67.38M | $158.59M | $-20.11M | $-4.77M | $-15.60M | $-14.22M | $-38.21M | $-68.78M |
| Depreciation and Amortization | $52.38M | $48.97M | $38.50M | $33.88M | $36.43M | $36.41M | $39.36M | $35.01M | $34.32M | $27.86M |
| Deferred Income Tax | $-18.92M | $-583.00K | $-1.51M | $-8.33M | $-567.00K | $-268.00K | $152.00K | $1.44M | $-857.00K | $617.00K |
| Stock Based Compensation | $84.29M | $76.86M | $75.64M | $62.13M | $57.61M | $46.58M | $38.65M | $36.55M | $25.96M | $23.28M |
| Change in Working Capital | $102.78M | $-38.94M | $-230.03M | $2.56M | $72.89M | $35.93M | $-34.60M | $8.03M | $17.20M | $43.92M |
| Accounts Receivables | $23.04M | $32.12M | $-5.51M | $-45.70M | $49.59M | $-32.08M | $-26.50M | $-2.73M | $-4.59M | $-7.17M |
| Inventory | $106.12M | $87.00M | $-277.49M | $-7.91M | $38.01M | $-31.80M | $-80.11M | $-60.27M | $5.88M | $-16.04M |
| Accounts Payables | $-789.00K | $-162.34M | $129.69M | $-4.87M | $-20.55M | $85.41M | $64.82M | $56.49M | $5.26M | $46.94M |
| Other Working Capital | $-25.60M | $4.29M | $-76.72M | $61.03M | $5.84M | $14.40M | $7.19M | $14.53M | $10.65M | $20.19M |
| Other Non Cash Items | $7.52M | $24.37M | $21.76M | $4.39M | $15.74M | $6.75M | $2.62M | $-2.85M | $4.88M | $11.77M |
| Net Cash Provided by Operating Activities | $189.91M | $100.41M | $-28.26M | $253.23M | $161.99M | $120.64M | $30.57M | $63.96M | $43.29M | $38.66M |
| Investments in Property Plant and Equipment | $-55.25M | $-50.29M | $-46.22M | $-45.53M | $-33.03M | $-23.22M | $-35.75M | $-33.55M | $-52.52M | $-65.65M |
| Acquisitions Net | $- | $- | $-126.42M | $- | $-36.29M | $- | $- | $- | $- | $- |
| Purchases of Investments | $-90.50M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $40.50M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $- | $-55.33M | $- | $-1 | $- | $- | $- | $- | $134.00K |
| Net Cash Used for Investing Activities | $-105.24M | $-50.29M | $-172.63M | $-45.53M | $-69.32M | $-23.22M | $-35.75M | $-33.55M | $-52.52M | $-65.52M |
| Debt Repayment | $- | $- | $- | $-25.00M | $-8.33M | $-6.67M | $-252.00K | $14.99M | $4.44M | $20.00M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $90.56M | $10.08M | $- | $129.92M |
| Common Stock Repurchased | $-154.36M | $-129.94M | $-189.77M | $-97.85M | $-61.04M | $-2.43M | $-911.00K | $-10.02M | $-145.00K | $-130.00M |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $17.05M | $21.35M | $39.51M | $147.82M | $42.29M | $30.99M | $4.97M | $8.91M | $3.67M | $15.47M |
| Net Cash Used Provided by Financing Activities | $-137.31M | $-108.59M | $-150.26M | $24.97M | $-27.09M | $21.90M | $94.37M | $23.95M | $7.97M | $35.38M |
| Effect of Forex Changes on Cash | $2.15M | $3.85M | $-14.09M | $148.00K | $2.90M | $-1.61M | $1.14M | $1.32M | $-182.00K | $-2.79M |
| Net Change in Cash | $-50.50M | $-54.62M | $-365.25M | $232.81M | $68.47M | $117.70M | $90.33M | $55.68M | $-1.44M | $5.74M |
| Cash at End of Period | $169.73M | $220.23M | $274.86M | $640.10M | $407.29M | $338.82M | $220.93M | $130.59M | $74.91M | $76.35M |
| Cash at Beginning of Period | $220.23M | $274.86M | $640.10M | $407.29M | $338.82M | $221.12M | $130.59M | $74.91M | $76.35M | $70.61M |
| Operating Cash Flow | $189.91M | $100.41M | $-28.26M | $253.23M | $161.99M | $120.64M | $30.57M | $63.96M | $43.29M | $38.66M |
| Capital Expenditure | $-55.25M | $-50.29M | $-46.22M | $-45.53M | $-33.03M | $-23.22M | $-35.75M | $-33.55M | $-52.52M | $-65.65M |
| Free Cash Flow | $134.66M | $50.12M | $-74.48M | $207.69M | $128.95M | $97.41M | $-5.18M | $30.41M | $-9.23M | $-26.99M |