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.

Employee Rating

4.0More
TypePublic
HQSanta Barbara, US
Founded2002
Size (employees)1,416 (est)-8%
Websitesonos.com
Sonos was founded in 2002 and is headquartered in Santa Barbara, US
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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 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

Sonos Revenue

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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 (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 (9-Nov-2018)

1.4b

Closing stock price (9-Nov-2018)

14.3

Cash (30-Jun-2018)

124.4m

EV

1.3b
Sonos's current market capitalization is $1.4 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

-62.3 x

EV/CFO

85.3 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

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

The Sonos One is available in 5 new colors for a limited time — here's your first look

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Sonos has collaborated with the Danish design company Hay to release its One speaker in five limited edition colors.  We called the One …

Gadget Lab Podcast: How Sonos Will Compete With, But Also Work With, Amazon and Google

An interview with Sonos CEO Patrick Spence, taped at WIRED’s 25th anniversary festival.

Sonos pushes back Google Assistant support to next year

The Sonos One and Sonos Beam launched with Alexa, but one of their biggest features was support for Google Assistant down the road. Assistant was originally supposed to launch in early 2018, but considering radio stations are already prepping their Christmas playlists, it looks like that’s not going…

Sonos delays Google Assistant integration until 2019, private beta to launch in 2018

Sonos today announced that Google Assistant will not be available on its products until at least 2019. The service was supposed to launch in 2018 but the company said in a blog posting it needs a bit more time. Additional information about timing will be released in early 2019, Sonos says. Eager cus…

Sonos Is Reportedly Eyeing a Partnership With Roku

Another way to control your Roku devices in the home.

The Sonos Beam is not your average sound bar

This smart sound bar is so much more than a speaker. The Sonos Beam connects to your TV and Wifi to give you weather updates, music control and playback capabilities. This sleek sound bar is a game changer. Check out all the details from Alix Aspe on this week's episode of Power Up.  Read more...M…
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Sonos Company Life and Culture

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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 1,416 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 $700.9 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 Cambridge, St Germain en Laye, Beijing, Munchen and in 7 other locations.

  • How many offices does Sonos have?

    Sonos has 11 offices.