SONO Chart
About

Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells audio products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers wireless, portable, plug-in, and home theater speakers; and headphones, soundbars, components, and accessories. It offers its products through physical stores, websites, online retailers, and custom installers. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was incorporated in 2002 and is based in Santa Barbara, California.

Fundamentals
Scroll to Statements
Sector Technology Industry Consumer Electronics Market Cap 1.79B
Enterprise Value 1.48B Income -17.58M Sales 1.44B
Book/sh 3.67 Cash/sh 3.01 Dividend Yield —
Payout 0.00% Employees 1404 IPO —
P/E — Forward P/E 17.11 PEG —
P/S 1.24 P/B 4.03 P/C —
EV/EBITDA 16.43 EV/Sales 1.03 Quick Ratio 1.24
Current Ratio 1.65 Debt/Eq 13.36 LT Debt/Eq —
EPS (ttm) -0.16 EPS next Y 0.86 EPS Growth 87.50%
Revenue Growth -0.90% Earnings 2026-05-06 ROA 2.31%
ROE -3.85% ROIC — Gross Margin 44.92%
Oper. Margin 18.40% Profit Margin -1.22% Shs Outstand 120.24M
Shs Float 102.52M Short Float 14.76% Short Ratio 8.22
Short Interest — 52W High 19.82 52W Low 7.63
Beta 1.99 Avg Volume 1.76M Volume 2.06M
Target Price $19.38 Recom None Prev Close $14.91
Price $14.80 Change -0.74%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$19.38
Mean price target
2. Current target
$14.80
Latest analyst target
3. DCF / Fair value
$23.10
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$14.80
Low
$17.50
High
$21.00
Mean
$19.38

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-04 main Rosenblatt Buy → Buy $21
2026-02-02 main Rosenblatt Buy → Buy $21
2026-01-05 main Jefferies Buy → Buy $21
2025-11-06 main Rosenblatt Buy → Buy $21
2025-11-06 up Morgan Stanley Underweight → Equal-Weight $17
2025-08-20 main Rosenblatt Buy → Buy $17
2025-08-07 main Rosenblatt Buy → Buy $17
2025-05-08 main Rosenblatt Buy → Buy $15
2025-04-07 main Jefferies Buy → Buy $13
2025-02-07 main Rosenblatt Buy → Buy $18
2024-09-26 down Morgan Stanley Overweight → Underweight $11
2024-03-25 reit Rosenblatt Buy → Buy $24
2024-03-12 reit Rosenblatt Buy → Buy $24
2024-02-07 main Morgan Stanley Overweight → Overweight $25
2024-02-07 main Rosenblatt Buy → Buy $24
2023-12-12 up Morgan Stanley Equal-Weight → Overweight $20
2023-11-16 main Morgan Stanley Equal-Weight → Equal-Weight $17
2023-11-13 reit Rosenblatt Buy → Buy $20
2023-11-07 down B of A Securities Buy → Neutral $12
2023-09-20 init Rosenblatt — → Buy $20
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 647210 10180585.0 — Purchase at price 15.59 - 16.11 per share. COLISEUM CAPITAL MANAGEMENT, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 2026-02-17 00:00:00 I
1 46565 nan — — CASEY SAORI Chief Financial Officer — 2026-02-13 00:00:00 D
2 42980 nan — — LAZARUS EDWARD P Officer — 2026-02-13 00:00:00 D
3 733073 11556296.0 — Purchase at price 15.50 - 16.49 per share. COLISEUM CAPITAL MANAGEMENT, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 2026-02-06 00:00:00 I
4 1639 — — Stock Award(Grant) at price 0.00 per share. FIELDS MANDY J Director — 2026-01-12 00:00:00 D
5 1639 — — Stock Award(Grant) at price 0.00 per share. KENNEDY JOSEPH JUDE Director — 2026-01-12 00:00:00 D
6 1639 — — Stock Award(Grant) at price 0.00 per share. ARABIA CARMINE Director — 2026-01-12 00:00:00 D
7 12000 228000.0 — Sale at price 19.00 per share. LAZARUS EDWARD P Officer — 2025-12-04 00:00:00 D
8 62325 1008045.0 — Purchase at price 16.17 per share. CONRAD THOMAS Chief Executive Officer — 2025-11-17 00:00:00 D
9 35417 nan — — CASEY SAORI Chief Financial Officer — 2025-11-14 00:00:00 D
Financials
Line Item2025-09-302024-09-302023-09-302022-09-30
TaxEffectOfUnusualItems-3.68M-1.28M0.000.00
TaxRateForCalcs0.210.210.210.02
NormalizedEBITDA29.80M31.78M54.10M107.79M
TotalUnusualItems-17.52M-6.11M-9.09M0.00
TotalUnusualItemsExcludingGoodwill-17.52M-6.11M-9.09M0.00
NetIncomeFromContinuingOperationNetMinorityInterest-61.14M-38.15M-10.27M67.38M
ReconciledDepreciation62.32M52.38M48.97M38.50M
ReconciledCostOfRevenue812.75M828.68M938.76M955.97M
EBITDA12.29M25.67M54.10M107.79M
EBIT-50.03M-26.71M5.13M69.28M
NetInterestIncome6.47M11.52M9.47M1.10M
InterestExpense465.00K441.00K733.00K552.00K
InterestIncome6.93M11.96M10.20M1.66M
NormalizedIncome-47.31M-33.32M-10.27M67.38M
NetIncomeFromContinuingAndDiscontinuedOperation-61.14M-38.15M-10.27M67.38M
TotalExpenses1.48B1.56B1.68B1.66B
TotalOperatingIncomeAsReported-50.47M-48.05M-20.55M89.53M
DilutedAverageShares120.75M123.22M127.70M137.76M
BasicAverageShares120.75M123.22M127.70M127.69M
DilutedEPS-0.51-0.31-0.080.49
BasicEPS-0.51-0.31-0.080.53
DilutedNIAvailtoComStockholders-61.14M-38.15M-10.27M67.38M
NetIncomeCommonStockholders-61.14M-38.15M-10.27M67.38M
NetIncome-61.14M-38.15M-10.27M67.38M
NetIncomeIncludingNoncontrollingInterests-61.14M-38.15M-10.27M67.38M
NetIncomeContinuousOperations-61.14M-38.15M-10.27M67.38M
TaxProvision10.65M10.99M14.67M1.35M
PretaxIncome-50.50M-27.15M4.39M68.73M
OtherIncomeExpense-24.01M3.26M15.47M-21.91M
OtherNonOperatingIncomeExpenses-6.50M9.37M15.47M-21.91M
SpecialIncomeCharges-17.52M-6.11M-9.09M0.00
RestructuringAndMergernAcquisition17.52M6.11M9.09M0.00
NetNonOperatingInterestIncomeExpense6.47M11.52M9.47M1.10M
InterestExpenseNonOperating465.00K441.00K733.00K552.00K
InterestIncomeNonOperating6.93M11.96M10.20M1.66M
OperatingIncome-32.95M-41.94M-20.55M89.53M
OperatingExpense663.48M731.31M737.04M706.84M
ResearchAndDevelopment279.97M304.56M301.00M256.07M
SellingGeneralAndAdministration383.51M426.75M436.04M450.76M
SellingAndMarketingExpense271.41M287.84M267.52M280.33M
GeneralAndAdministrativeExpense112.10M138.91M168.52M170.43M
OtherGandA112.10M138.91M168.52M170.43M
GrossProfit630.53M689.37M716.49M796.37M
CostOfRevenue812.75M828.68M938.76M955.97M
TotalRevenue1.44B1.52B1.66B1.75B
OperatingRevenue1.44B1.52B1.66B1.75B
Line Item2025-09-302024-09-302023-09-302022-09-30
TreasurySharesNumber2.79M1.28M5.29M3.15M
OrdinarySharesNumber120.09M121.76M125.11M126.67M
ShareIssued122.88M123.05M130.40M129.82M
TotalDebt59.62M64.14M56.11M36.13M
TangibleBookValue197.01M257.73M348.23M392.15M
InvestedCapital355.23M428.62M518.66M560.51M
WorkingCapital151.62M184.93M305.41M331.75M
NetTangibleAssets197.01M257.73M348.23M392.15M
CapitalLeaseObligations59.62M64.14M56.11M36.13M
CommonStockEquity355.23M428.62M518.66M560.51M
TotalCapitalization355.23M428.62M518.66M560.51M
TotalEquityGrossMinorityInterest355.23M428.62M518.66M560.51M
StockholdersEquity355.23M428.62M518.66M560.51M
GainsLossesNotAffectingRetainedEarnings1.80M-1.72M-3.44M-3.60M
OtherEquityAdjustments1.80M-1.72M-3.44M-3.60M
TreasuryStock37.40M17.10M72.59M50.90M
RetainedEarnings-112.08M-50.93M-12.79M-2.51M
AdditionalPaidInCapital502.77M498.25M607.35M617.39M
CapitalStock123.00K123.00K130.00K130.00K
CommonStock123.00K123.00K130.00K130.00K
TotalLiabilitiesNetMinorityInterest468.05M487.69M483.58M627.88M
TotalNonCurrentLiabilitiesNetMinorityInterest115.64M121.54M129.37M92.24M
OtherNonCurrentLiabilities2.77M3.82M3.91M846.00K
NonCurrentDeferredLiabilities59.58M61.13M70.50M65.79M
NonCurrentDeferredRevenue59.45M61.08M60.65M56.15M
NonCurrentDeferredTaxesLiabilities126.00K60.00K9.85M9.64M
LongTermDebtAndCapitalLeaseObligation53.29M56.59M54.96M25.60M
LongTermCapitalLeaseObligation53.29M56.59M54.96M25.60M
CurrentLiabilities352.41M366.15M354.22M535.64M
OtherCurrentLiabilities19.39M18.42M11.64M10.85M
CurrentDeferredLiabilities21.77M21.80M20.19M27.32M
CurrentDeferredRevenue21.77M21.80M20.19M27.32M
CurrentDebtAndCapitalLeaseObligation6.33M7.55M1.15M10.53M
CurrentCapitalLeaseObligation6.33M7.55M1.15M10.53M
PensionandOtherPostRetirementBenefitPlansCurrent21.33M15.70M22.08M23.62M
CurrentProvisions20.38M20.30M21.46M18.26M
PayablesAndAccruedExpenses263.20M282.37M277.70M445.05M
CurrentAccruedExpenses65.04M62.30M75.64M102.11M
Payables198.16M220.07M202.06M342.94M
OtherPayable3.92M6.39M2.67M104.00K
TotalTaxPayable10.13M19.08M11.41M7.08M
AccountsPayable184.11M194.59M187.98M335.76M
TotalAssets823.28M916.31M1.00B1.19B
TotalNonCurrentAssets319.24M365.23M342.61M321.00M
OtherNonCurrentAssets32.95M31.70M34.53M36.63M
NonCurrentDeferredAssets10.51M10.31M1.66M1.51M
NonCurrentDeferredTaxesAssets10.51M10.31M1.66M1.51M
GoodwillAndOtherIntangibleAssets158.21M170.89M170.43M168.36M
OtherIntangibleAssets75.36M88.04M90.01M91.06M
Goodwill82.85M82.85M80.42M77.30M
NetPPE117.57M152.32M135.99M114.50M
AccumulatedDepreciation-197.66M-178.10M-192.69M-170.22M
GrossPPE315.24M330.42M328.68M284.72M
Leases45.84M52.11M53.65M49.66M
OtherProperties232.14M233.42M226.38M185.55M
MachineryFurnitureEquipment37.26M44.89M48.65M49.51M
Properties0.000.000.000.00
CurrentAssets504.04M551.09M659.63M867.39M
OtherCurrentAssets39.64M53.91M25.30M37.04M
RestrictedCash0.00
PrepaidAssets25.30M37.04M31.50M
Inventory171.02M231.50M346.52M454.29M
FinishedGoods153.49M199.82M281.57M406.66M
RawMaterials17.54M31.68M64.95M47.63M
Receivables65.85M44.51M67.58M101.21M
AccountsReceivable65.85M44.51M67.58M101.21M
AllowanceForDoubtfulAccountsReceivable-66.10M-51.74M-31.79M-26.32M
GrossAccountsReceivable131.94M96.25M99.37M127.52M
CashCashEquivalentsAndShortTermInvestments227.53M221.16M220.23M274.86M
OtherShortTermInvestments52.86M51.43M0.00
CashAndCashEquivalents174.67M169.73M220.23M274.86M
CashEquivalents16.11M25.55M
CashFinancial158.56M144.18M
Line Item2025-09-302024-09-302023-09-302022-09-30
FreeCashFlow108.19M134.66M50.12M-74.48M
RepurchaseOfCapitalStock-106.84M-154.36M-129.94M-189.77M
RepaymentOfDebt0.000.00-25.00M
CapitalExpenditure-28.68M-55.25M-50.29M-46.22M
InterestPaidSupplementalData279.00K256.00K1.33M344.00K
IncomeTaxPaidSupplementalData23.95M21.21M9.52M9.31M
EndCashPosition174.67M169.73M220.23M274.86M
BeginningCashPosition169.73M220.23M274.86M640.10M
EffectOfExchangeRateChanges-71.00K2.15M3.85M-14.09M
ChangesInCash5.01M-52.65M-58.47M-351.15M
FinancingCashFlow-102.34M-137.31M-108.59M-150.26M
CashFlowFromContinuingFinancingActivities-102.34M-137.31M-108.59M-150.26M
NetOtherFinancingCharges-929.00K
ProceedsFromStockOptionExercised4.50M17.05M21.35M40.44M
NetCommonStockIssuance-106.84M-154.36M-129.94M-189.77M
CommonStockPayments-106.84M-154.36M-129.94M-189.77M
NetIssuancePaymentsOfDebt0.000.00-25.00M
NetLongTermDebtIssuance0.000.00-25.00M
LongTermDebtPayments0.000.00-25.00M
InvestingCashFlow-29.52M-105.24M-50.29M-172.63M
CashFlowFromContinuingInvestingActivities-29.52M-105.24M-50.29M-172.63M
NetInvestmentPurchaseAndSale-844.00K-49.99M0.000.00
SaleOfInvestment57.10M40.50M0.000.00
PurchaseOfInvestment-57.94M-90.50M0.000.00
NetBusinessPurchaseAndSale0.000.00-126.42M0.00
PurchaseOfBusiness0.000.00-126.42M0.00
NetPPEPurchaseAndSale-28.68M-55.25M-50.29M-46.22M
PurchaseOfPPE-28.68M-55.25M-50.29M-46.22M
OperatingCashFlow136.87M189.91M100.41M-28.26M
CashFlowFromContinuingOperatingActivities136.87M189.91M100.41M-28.26M
ChangeInWorkingCapital27.94M102.78M-38.94M-230.03M
ChangeInOtherWorkingCapital-2.74M304.00K-4.58M-1.67M
ChangeInOtherCurrentLiabilities-459.00K9.65M576.00K-5.54M
ChangeInOtherCurrentAssets10.48M-28.77M10.47M-16.60M
ChangeInPayablesAndAccruedExpense-9.21M-7.56M-164.53M76.78M
ChangeInAccruedExpense5.23M-6.78M-2.19M-52.90M
ChangeInPayable-14.44M-789.00K-162.34M129.69M
ChangeInAccountPayable-14.44M-789.00K-162.34M129.69M
ChangeInInventory51.73M106.12M87.00M-277.49M
ChangeInReceivables-21.87M23.04M32.12M-5.51M
ChangesInAccountReceivables-21.87M23.04M32.12M-5.51M
OtherNonCashItems15.69M5.91M11.07M4.71M
StockBasedCompensation81.56M84.29M76.86M75.64M
ProvisionandWriteOffofAssets8.14M8.89M20.64M6.28M
AssetImpairmentCharge62.00K3.55M
DeferredTax8.00K-18.92M-583.00K-1.51M
DeferredIncomeTax8.00K-18.92M-583.00K-1.51M
DepreciationAmortizationDepletion62.32M52.38M48.97M38.50M
DepreciationAndAmortization62.32M52.38M48.97M38.50M
OperatingGainsLosses2.35M-7.28M-7.33M10.78M
NetForeignCurrencyExchangeGainLoss2.35M-7.28M-7.33M10.78M
NetIncomeFromContinuingOperations-61.14M-38.15M-10.27M67.38M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for SONO
Date User Asset Broker Type Position Size Entry Price Patterns