Sonos Inc (SONO)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -16,292 | -43,572 | -4,515 | -10,274 | -43,102 | -20,128 | 19,090 | 67,383 | 122,706 | 141,129 | 149,784 | 158,595 | 185,750 | 110,944 | 41,403 | -20,114 | -68,125 | -25,154 | 4,342 | -4,766 |
| 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 |
| Net profit margin | -1.03% | -2.81% | -0.28% | -0.61% | -2.56% | -1.20% | 1.07% | 3.85% | 6.83% | 7.83% | 8.63% | 9.24% | 10.95% | 7.08% | 2.94% | -1.52% | -5.32% | -1.95% | 0.33% | -0.38% |
June 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-16,292K ÷ $1,574,985K
= -1.03%
The net profit margin of Sonos Inc has shown some fluctuations over the past few quarters. In the most recent quarter, Jun 30, 2024, the net profit margin was -1.03%, indicating a slight loss. This was an improvement from the previous quarter, Mar 31, 2024, where the margin was -2.81%.
Looking back further, the net profit margin was comparatively stable between Dec 31, 2022, and Sep 30, 2023, ranging from -0.28% to -0.61%. Prior to that, there was a declining trend from Jun 30, 2022, to Mar 31, 2023, with margins ranging from 6.83% to -2.56%.
The highest net profit margin was recorded on Dec 31, 2021, at 10.95%, followed by Sep 30, 2022, at 3.85%. The margins for the quarters from Dec 31, 2020, to Jun 30, 2021, were relatively stable, staying above 7%.
Overall, the net profit margin of Sonos Inc has shown variability, with some periods of profitability and others of losses. It is important for the company to closely monitor and manage its expenses and revenues to improve its profitability in the future.
Peer comparison
Jun 30, 2024