StockCV
Sonos, Inc. Common Stock logo

Sonos, Inc.

Household Audio & Video Equipment

$17.25
+1.77%
Market cap $2.04B

Sonos Inc is an audio company dedicated to elevating life through sound, offering a connected platform that brings together music, movies, stories, and conversations.

It is a $2.04B technology company. Revenue grew 5.6% over the last year, and it keeps 4¢ of every dollar of sales as profit. It trades at 35.9× earnings — in the most expensive third of its own history.

Website
sonos.com
Location
Santa Barbara, CA
Employees
1 404
Sector
Technology
Founded
2002

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation62Growth0Profitability23Health53Quality85Moat35

Strong quality; Growth, Profitability and Moat lag behind.

Valuation62
  • P/E vs own history74th pct · 5/25
  • FCF yield6.1% · 20/25
  • P/S1.4x · 25/25
  • EV/EBITDA15.7x · 12/25
Growth0
  • Revenue CAGR-4.2% · 0/25
  • Net income CAGRn/a · 0/25
  • EPS CAGR ~5Yn/a · 0/25
  • Fwd implied growth-17.9% · 0/25
Profitability23
  • ROIC-33.9% · 0/25
  • ROE14.3% · 12/25
  • Net margin3.8% · 6/25
  • Operating margin4.4% · 5/25
Health53
  • Altman Z4.67 · 25/25
  • Current ratio1.61 · 18/25
  • Interest coverage4.3x · 10/25
  • Net cash / debtn/a · 0/25
Quality85
  • Piotroski F5/9 · 15/25
  • Beneish M-3.64 · 25/25
  • FCF conversion220% · 25/25
  • Margin stabilityσ 7.0% · 20/25
Moat35
  • ROIC >12% years1/5 yrs · 0/25
  • Median gross margin43.5% · 20/25
  • FCF-positive years6/8 yrs · 10/25
  • Worst-year net marginworst -4.2% · 5/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

  1. FY2021Financial
    Turned profitable
    $159M net income after a loss year
  2. FY2021Financial
    Best year on record
    $159M net income
  3. 2020Product
    Sonos announced the store's closure in June 2020
  4. 2019Acquisition
    Sonos acquired Snips SAS, a privacy-focused AI voice platform for connected devices with the goal to bring a…
  5. FY2018Financial
    Revenue already above $1B
    $1.14B in first reported year
  6. 2018IPO
    Sonos went public, trading on the NASDAQ under the symbol SONO
  7. 2016Product
    Sonos also released a study called Music Makes it Home Study
  8. 2015Product
    Sonos was rebranded by Bruce Mau Design, with a new visual identity and improved logotype that was…
  9. 2014Product
    Google and Sonos introduced deep integration features that allowed users to play and control Google…
  10. 2012Product
    Sonos opened the Sonos Studio in Los Angeles, a studio and art gallery in which art was exhibited along…
  11. 2005Product
    The company first introduced its products to the market in January 2005 and first shipped them in either January or…
  12. 2004Milestone
    The company changed its name to "Sonos, Inc." in May 2004
  13. 2002Founded
    Sonos was founded as "Rincon Audio, Inc." in August 2002 by John MacFarlane, Craig Shelburne, Tom Cullen and Trung Mai

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$4 765 today — price return only
$1.4B revenue in FY2025
Revenue up 5.6% year over year
Positive free cash flow 3 years in a row
1 404 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

  • High gross margin (46.5%)
  • Altman Z-Score 4.67 — low bankruptcy-risk zone

Watch-outs

  • Loss-making in 6 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

8 of 10 checks passed
  • Revenue growing+5.6% YoY
  • Profitable$56.9M TTM
  • Profit growing-60.3% YoY
  • Generates cash$125M TTM
  • Debt under controlcurrent ratio 1.61
  • Established company$2.04B market cap
  • Not printing shares-13.9% shares over ~5y
  • Proven track record2/8 profitable years
  • Financially stableAltman Z 4.7 — safe
  • Pays a dividendno data
  • Valuation not extremeP/E 35.9
Peer comparisonSonos, Inc. vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾
CompanyMarket capP/ERevenue growthNet marginProfile
SONO this company$2.0B35.9+5.6%3.8%Strong
NVDA Nvidia Corp$5.5T28.6+83.4%63.7%Mixed
AAPL Apple Inc.$4.9T38.1+14.2%27.6%Strong
GOOGL Alphabet Inc.$4.3T17.6+20.1%54.8%Mixed
MSFT Microsoft Corp$4.0T29.7+17.8%40.3%Strong
SPCX Space Exploration Technologies Corp.$2.1T—+33.2%-34.0%Strained
META Meta Platforms, Inc.$1.8T26.9+27.7%29.8%Mixed

Head-to-head: SONO vs NVDA · SONO vs AAPL · SONO vs GOOGL

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 3Buy 5Hold 2

Appendix · Financial records

The full statements behind this CV, FY2018–FY2025. For readers who want to check the numbers.

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of SONO on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $17.25 · market cap $2.04B.