Sonos Results Presentation Deck
Record Q2 revenue, strong growth, and stable profitability
Q2 Revenue
$175.1
-17%
2Q20
Q2 Adjusted EBITDA
$(28.4)
2Q20
$332.9
+90%
2Q21
$48.5
2Q21
$399.8
+20%
2Q22
$46.9
-3%
2Q22
Revenue +20% to a record Q2 of $399.8M. Driven
by:
Strong product demand, supported by
improved availability of supply
The introduction of Roam, along with
continued success of One and Arc
drove our Speaker category
Sonos system products grew 18%
Partner products and other revenue
supported by Sonance and Ikea
O Industry-wide supply chain issues continue,
and we still have a backlog
O
Adjusted EBITDA margin declined slightly (down
290 bps) to 11.7%
GM pressure of 500 bps YoY driven by
supply chain (see next slide)
Partially offset by Opex leverage
Note: $ in millions, 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.View entire presentation