Sonos Results Presentation Deck slide image

Sonos Results Presentation Deck

Fiscal Year 2021 Highlights SONOS • Record Fiscal Year (FY) results driven by continued strong demand • Record FY adjusted EBITDA margin of 16.2% driven by strong demand, opex leverage on higher sales, and gross margin expansion Record FY revenue of $1.717B, +29% from LY (+32% ex 53rd week LY) driven by strong overall product demand, success of new product launches, and partially offset by continued constrained product availability Record FY gross margin of 47.2%, +410 bps. Excluding net effect of tariffs, +130 bps driven by product mix, lower promotional activity, and partially offset by higher supply chain related costs Record 3.0 products per household vs. 2.9 LY; ending year in 12.6M homes and existing households represented 46% of new registrations Generated $208M of free cash flow Note: Unaudited. See appendix for reconciliation of GAAP to non-GAAP measures.
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