Sonos Results Presentation Deck slide image

Sonos Results Presentation Deck

FY22 Outlook: Raising Outlook at Midpoint Increased Confidence in Delivering Another Record Fiscal Year Revenue % growth Gross Margin Adjusted EBITDA Adjusted EBITDA Margin Other Key Assumptions: Tariffs FY21 Actuals $1.717 billion 29% 47.2% $278.6 million 16.2% $4.6 million net tariff benefit ($18 million refunds; $14 million expense) Prior FY22 Outlook $1.925 billion - $2.0 billion 12% -16% 46 - 47% $280 million $325 million 14.5% -16.2% Minimal net tariff benefit Note: Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP measures. We do not provide a reconciliation of forward-looking non-GAAP measures to their comparable GAAP financial measures. See "Non-GAAP Measures" for more information. FY22 outlook only as of the date of this presentation. See "Forward-Looking Statements" for more information. New FY22 Outlook $1.95 billion - $2.0 billion 14% -16% 46 - 47% $290 million - $325 million 14.9% 16.2% - Minimal net tariff expense
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