OverviewSuggest Edit

Sonos is a consumer electronics company that makes a variety of wireless audio products, including smart speakers, home theatres and components. The Company's wireless multi-room music systems enable users to play music anywhere in the house and control it using a smartphone. Sonos offers its products through retail stores, as well as online.

TypePublic
Founded2002
HQSanta Barbara, US
Websitesonos.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Feb 2019)1,352
Job Openings102
Revenue (FY, 2017)$992.5 M(+11%)
Share Price (Mar 2019)$10.2 (+2%)

Key People/Management at Sonos

David Perri

David Perri

COO
Michael Giannetto

Michael Giannetto

CFO
Patrick Spence

Patrick Spence

CEO
Ron Kuper

Ron Kuper

Director, Advanced Concepts Lab
Ingvar Meijers

Ingvar Meijers

Managing Director of Sonos EMEA
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Sonos Office Locations

Sonos has offices in Santa Barbara, Cambridge, Seattle, Beijing and in 7 other locations
Santa Barbara, US (HQ)
614 Chapala St
Cambridge, US
25 First St
Seattle, US
Bullitt Center, 1501 E Madison St
Beijing, CN
Reignwood Plaza, Room: 1101-1106, No.8 YongAnDongLi, Jianguomenwai Ave
Shanghai, CN
Suite 802, Tower A, Venture International Park, No. 2679 Hechuan Road, Minhang District
Shenzhen, CN
Room 510, East Tower, Coastal City, Haide 3rd Road, Business Culture Center, Nanshan District
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Sonos Financials and Metrics

Sonos Revenue

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Sonos's revenue was reported to be $992.53 m in FY, 2017 which is a 10% increase from the previous period.
USD

Revenue (Q3, 2018)

208.4m

Gross profit (Q3, 2018)

95.5m

Gross profit margin (Q3, 2018), %

45.8%

Net income (Q3, 2018)

(27.0m)

EBIT (Q3, 2018)

(21.6m)

Market capitalization (18-Mar-2019)

1.0b

Closing stock price (18-Mar-2019)

10.2

Cash (30-Jun-2018)

124.4m

EV

943.9m
Sonos's current market capitalization is $1 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

843.5m901.3m992.5m

Revenue growth, %

7%10%

Cost of goods sold

461.4m497.9m536.5m

Gross profit

382.1m403.4m456.1m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

369.2m164.2m181.5m186.4m372.8m182.5m223.1m214.1m469.0m186.7m208.4m

Cost of goods sold

212.5m91.4m97.0m97.0m213.0m96.4m115.8m111.2m272.7m105.4m112.9m

Gross profit

156.7m72.8m84.4m89.5m159.8m86.1m107.3m102.9m196.2m81.3m95.5m

Gross profit Margin, %

42%44%47%48%43%47%48%48%42%44%46%
Annual
USDFY, 2016FY, 2017

Cash

74.9m130.6m

Accounts Receivable

45.3m47.4m

Inventories

53.6m113.9m

Current Assets

183.4m301.5m
Quarterly
USDQ2, 2018Q3, 2018

Cash

117.8m124.4m

Accounts Receivable

36.4m53.1m

Inventories

87.3m113.4m

Current Assets

253.4m305.0m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

(68.8m)(38.2m)(14.2m)

Depreciation and Amortization

27.9m34.3m35.0m

Inventories

(16.0m)5.9m(60.3m)

Accounts Payable

46.8m(5.7m)54.9m
Quarterly
USDQ2, 2017Q2, 2018Q3, 2018

Net Income

15.2m13.1m(13.9m)

Depreciation and Amortization

15.5m18.9m28.6m

Inventories

15.7m28.0m(79.0k)

Accounts Payable

(13.8m)(75.7m)(24.4m)
USDY, 2018

EV/EBIT

-43.6 x

EV/CFO

59.8 x

Revenue/Employee

130.8k

Debt/Equity

1.9 x

Debt/Assets

0.1 x

Financial Leverage

19.2 x
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Sonos Operating Metrics

FY, 2013FY, 2014FY, 2015FY, 2016H1, 2017FY, 2017H1, 2018Q3, 2018

Products Sold

1.50 m2.90 m3.40 m3.51 m2.38 m3.94 m3.07 m886.51 k

Total Households

1.20 m2.20 m3.40 m4.60 m5.90 m6.90 m

Products Registered

19 m

Patents Issued

630
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Sonos Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Sonos Europe B.V. (Netherlands)

Sonos Revenue Breakdown

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Sonos revenue breakdown by business segment: 35.2% from Home Theater Speakers, 15.3% from Components, 48.5% from Wireless Speakers and 1.1% from Other

Sonos revenue breakdown by geographic segment: 5.4% from Asia Pacific, 44.5% from Europe, Middle East and Africa and 50.0% from Americas

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Sonos Online and Social Media Presence

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Sonos News and Updates

Sonos refreshes Sonos One with better components

Sonos is launching the most minor of minor updates. The company is launching a revision to its flagship speaker, the Sonos One. Sonos is calling this new speaker the Sonos One Gen 2, and it is nearly identical to existing Sonos One. When it comes to sound and design, the second generation looks just…

Save $50 on the Sonos PLAY:1 compact smart speaker at Walmart

Good things come in small packages. The Sonos PLAY:1 is a compact smart speaker that can fill your home with deep and rich audio all day long and it's now on sale for $149, or $50 off its retail price, at Walmart. SEE ALSO: Ja Rule wants to throw another music festival The PLAY:1 is a wireless spe…

Sonos, Dyson vacuums, LG 4K TVs, Instant Pot, Roomba, and more on sale for Feb. 21

Ever get bored at work? While this pilot is clearly bored while flying an airplane, for those stuck at a desk there's a simple answer to workday doldrums. Online shopping of course! Shop these amazing deals we found on Amazon, Walmart, Best Buy, and Macy's and get the pick-me-up you need. We've ro…

Data Sheet—CEOs From Walmart, Sonos, Mattel Coming To Brainstorm Tech in 2019

This is your Data Sheet newsletter for Friday, February 8, 2019.

Sonos is considering moving its manufacturing out of China if its trade war with the US gets worse

Sonos, a popular maker of smart speakers, says it's considering moving its manufacturing operations out of China if the US-China trade war worsens. The move could take "up to one year" to complete, Sonos CEO Patrick Spence tells Axios. The trade war between US and China has raised tariffs for com…

Exclusive: Sonos could shift manufacturing out of China if Trump trade war escalates

Smart speaker company Sonos is re-examining its Chinese supply chains as a result of the U.S.-China trade war, company CEO Patrick Spence told Axios.The impact: Spence said it could take "up to one year" to shift manufacturing and its supply chain out of China to avoid feeling the effect from a pote…
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Sonos Frequently Asked Questions

  • When was Sonos founded?

    Sonos was founded in 2002.

  • Who are Sonos key executives?

    Sonos's key executives are David Perri, Michael Giannetto and Patrick Spence.

  • How many employees does Sonos have?

    Sonos has 1,352 employees.

  • What is Sonos revenue?

    Latest Sonos annual revenue is $992.5 m.

  • What is Sonos revenue per employee?

    Latest Sonos revenue per employee is $734.1 k.

  • Who are Sonos competitors?

    Competitors of Sonos include Devialet, Boombotix and Sse Audio Group.

  • Where is Sonos headquarters?

    Sonos headquarters is located at 614 Chapala St, Santa Barbara.

  • Where are Sonos offices?

    Sonos has offices in Santa Barbara, Cambridge, Seattle, Beijing and in 7 other locations.

  • How many offices does Sonos have?

    Sonos has 11 offices.