Sonos Profit Margin 2016-2023 | SONO
Current and historical gross margin, operating margin and net profit margin for Sonos (SONO) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Sonos net profit margin as of December 31, 2023 is -0.28%.
| Sonos Annual Profit Margins |
| Sonos Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Consumer Discretionary |
Audio & Video Home Production |
$2.193B |
$1.655B |
|
Sonos operates as a consumer electronics company that is primarily involved in the manufacturing of smart speakers with immersive sound experience. The company leverages evolving consumer technology and entertainment trends to be on par with the audio consumption patterns of customers that is largely characterized by fast-tracked adoption of voice assistants and streaming services. Catering to a varied base of developers, customers and content partners, the company is well poised to capitalize on the potential market opportunities in the booming home audio market. Also, the speakers are specifically designed to deliver a seamless customer experience in a multi-user and open platform environment, thanks to its proprietary software platform. Its product portfolio includes Sonos speakers, Sonos System Products, and Partner Products and Other Revenue category.
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