Sonos Inc (SONO)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -48,046 | -20,547 | 89,532 | 154,964 | -27,233 |
| Revenue | US$ in thousands | 1,520,930 | 1,661,860 | 1,741,010 | 1,716,560 | 1,324,680 |
| Operating profit margin | -3.16% | -1.24% | 5.14% | 9.03% | -2.06% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-48,046K ÷ $1,520,930K
= -3.16%
The operating profit margin of Sonos Inc has shown a fluctuating trend over the past five years, ranging from -3.16% in September 2024 to 9.03% in September 2021. The negative margins in 2020 and 2024 indicate that the company's operating expenses exceeded its operating revenue during those periods. The significant drop in margin from 9.03% in 2021 to -3.16% in 2024 raises concerns about the company's ability to effectively control costs and generate profits from its operations. Further analysis is necessary to understand the factors contributing to these fluctuations and to assess the overall financial health and sustainability of Sonos Inc.
Peer comparison
Sep 30, 2024