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 worldwide.

Type
Private
HQ
Santa Barbara, US
Founded
2002
Size (employees)
1,601 (est)-1%
Website
sonos.com
Sonos was founded in 2002 and is headquartered in Santa Barbara, US
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Key People/Management at Sonos

Patrick Spence

Patrick Spence

CEO
Thomas Cullen

Thomas Cullen

Co-Founder & VP Market Development
Trung Mai

Trung Mai

Co-Founder & VP Operations
Ron Kuper

Ron Kuper

Director, Music Partner Experience
Ingvar Meijers

Ingvar Meijers

Managing Director of Sonos EMEA
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Sonos Office Locations

Sonos has offices in Cambridge, St Germain en Laye, Beijing, Munchen and in 7 other locations
Santa Barbara, US (HQ)
614 Chapala St
Cambridge, US
25 1st Street
Seattle, US
400 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

Summary Metrics

Founding Date

2002

Sonos total Funding

$455.2 m

Sonos latest funding size

$130 m

Time since last funding

4 years ago

Sonos investors

Sonos's latest funding round in December 2014 was reported to be $130 m. In total, Sonos has raised $455.2 m
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Sonos Revenue

Embed Graph
Sonos's revenue was reported to be $992.53 m in FY, 2017 which is a 10.1% increase from the previous period.
USD

Revenue (Q2, 2018)

186.7 m

Gross profit (Q2, 2018)

81.3 m

Gross profit margin (Q2, 2018), %

43.6%

Net income (Q2, 2018)

(32.6 m)

EBITDA (Q2, 2018)

(14.8 m)

EBIT (Q2, 2018)

(33.7 m)

Cash (31-Mar-2018)

117.8 m
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

843.5 m901.3 m992.5 m

Revenue growth, %

7%10%

Cost of goods sold

461.4 m497.9 m536.5 m

Gross profit

382.1 m403.4 m456.1 m
Quarterly
Annual
USDFY, 2016FY, 2017

Cash

74.9 m130.6 m

Accounts Receivable

45.3 m47.4 m

Inventories

53.6 m113.9 m

Current Assets

183.4 m301.5 m
Quarterly
USDQ2, 2018

Cash

117.8 m

Accounts Receivable

36.4 m

Inventories

87.3 m

Current Assets

253.4 m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

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

Depreciation and Amortization

27.9 m34.3 m35 m

Inventories

(16 m)5.9 m(60.3 m)

Accounts Payable

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

Net Income

15.2 m13.1 m

Depreciation and Amortization

15.5 m18.9 m

Inventories

15.7 m28 m

Accounts Payable

(13.8 m)(75.7 m)
USDY, 2018

Revenue/Employee

117.3 k

Debt/Equity

1.1 x

Debt/Assets

0.1 x

Financial Leverage

9.7 x
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Sonos Operating Metrics

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

Products Sold

1.50 m2.90 m3.40 m3.51 m2.38 m3.94 m3.07 m

Total Households

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

Total 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

Apple’s Airplay 2 May Be the Boost Sonos Needs for Its IPO

The upgrade removes a big pain point for Sonos fans.

You can now stream to your Sonos devices via AirPlay 2

Newer Sonos devices and “rooms” now appear as AirPlay 2-compatible devices, allowing you to stream audio to them via Apple devices. The solution is a long time coming for Sonos which promised AirPlay 2 support in October. You can stream to Sonos One, Sonos Beam, Playbase, and Play:5 speakers and ask…

Sonos S-1 reveals more than half of Sonos households own more than one Sonos speaker — and 27% of them own more than three

When Sonos filed its S-1 on Friday, the SEC document revealed some figures that indicated a high level of customer satisfaction, which looks good for the speaker company from a potential investor standpoint.  For starters, the number of total registered Sonos speakers from 2013 to 2018 (19 million) …

Sonos' lack of 'smarts' could lead to a lackluster IPO (AMZN, GOOGL, AAPL)

Sonos, which filed to go public on Friday, has built up a respectable business. But the speaker market is undergoing a major shift to smart speakers, and Sonos runs the risk of being relegated to being a secondary player — or being boxed out of the market. The company's sales growth has already sl…
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Sonos Company Life and Culture

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