Sonos Results Presentation Deck

Continued healthy gross margins Gross margin expanded 30 bps YoY driven by: ● Higher selling prices ● ● Partially offset by higher cost of components Gross Margin expanded 250 bps QoQ due to timing of expenses related to higher component costs 44.0% 3Q20 47.0% 3Q21 47.3% 3Q22 Note: Unaudited. See appendix for reconciliation of GAAP to non-GAAP measures. Percentages have been calculated using actual, non-rounded figures and, therefore, may not recalculate precisely.

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