Sonos Results Presentation Deck
Summary Financial Overview
Americas
% y/y
EMEA
% y/y
APAC
% y/y
Total Revenue
% y/y
% y/y - CC
Gross Profit
% gross margin
Non-GAAP Operating Expenses
R&D
% of revenue
S&M
% of revenue
Adjusted G&A
% of revenue
Total Operating Expenses
% of revenue
Adjusted EBITDA
% margin
2018
603
479
55
1,137
489
43.0%
128
11%
255
22%
77
7%
460
40%
69
6.1%
2019
678
12%
485
1%
98
78%
1,261
11%
13%
527
41.8%
154
12%
235
19%
88
7%
476
38%
89
7.0%
2020
756
11%
471
(3%)
100
2%
1,326
5%
6%
572
43.1%
186
14%
229
17%
85
6%
501
38%
109
8.2%
2021
981
30%
618
31%
117
18%
1,717
29%
26%
810
47.2%
205
12%
261
15%
100
6%
566
33%
279
16.2%
2022
1,044
7%
578
(7%)
130
11%
1,752
2%
5%
796
45.4%
225
13%
265
15%
120
7%
610
35%
227
12.9%
2023 - Guidance Midpoint
1,750
0%
4%
796
45.5%
163
9.3%
Note: $ in millions (unless noted), CC = constant currency, unaudited. 2023 guidance as of 4Q22. Non-GAAP operating expense figures exclude stock-based compensation, restructuring and related charges and legal and transaction related costs
Percentages have been calculated using actual, non-rounded figures and, therefore, may not recalculate precisely.View entire presentation