Sonos Inc (SONO)
Gross profit margin
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 714,412 | 694,533 | 714,113 | 716,491 | 712,536 | 716,622 | 764,038 | 796,366 | 839,198 | 841,211 | 827,953 | 809,993 | 804,598 | 736,528 | 643,761 | 571,956 | 534,691 | 542,270 | 559,674 | 527,343 |
| Revenue (ttm) | US$ in thousands | 1,574,985 | 1,550,921 | 1,602,554 | 1,672,523 | 1,683,666 | 1,682,367 | 1,777,975 | 1,752,335 | 1,795,584 | 1,802,473 | 1,735,641 | 1,716,744 | 1,697,042 | 1,567,320 | 1,409,095 | 1,327,065 | 1,281,388 | 1,292,557 | 1,328,006 | 1,259,505 |
| Gross profit margin | 45.36% | 44.78% | 44.56% | 42.84% | 42.32% | 42.60% | 42.97% | 45.45% | 46.74% | 46.67% | 47.70% | 47.18% | 47.41% | 46.99% | 45.69% | 43.10% | 41.73% | 41.95% | 42.14% | 41.87% |
June 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $714,412K ÷ $1,574,985K
= 45.36%
The gross profit margin of Sonos Inc has shown fluctuation over the historical periods provided. The trend indicates that the company's ability to generate profit from its core operations has varied, with certain periods showing higher margins compared to others.
The gross profit margin ranged from a low of 41.73% in March 2020 to a high of 47.70% in December 2021. Overall, the margins have mostly stayed above the 40% mark, indicating a healthy level of profitability in relation to the cost of goods sold.
It is important to note that gross profit margin can be influenced by various factors such as changes in pricing, cost of goods sold, and production efficiency. Further analysis and correlation with other financial metrics would be beneficial in understanding the full financial health and performance of Sonos Inc.
Peer comparison
Jun 30, 2024