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.View entire presentation