Sonos Results Presentation Deck
NEW: Diversified Channel Distribution
Business mix is increasingly shifting toward higher-margin channels, like DTC and installer solutions (44% combined, +260bps y/y).
Retail and Other
% yoy
DTC
% yoy
Installer Solutions (IS)
% yoy
Total Revenue
% yoy
% of revenue
Retail & Other
DTC
IS
% DTC + IS
2018
$830
$131
$176
$1,137
73%
12%
15%
27%
2019
$930
12%
$154
17%
$176
0%
$1,261
11%
74%
12%
14%
26%
2020
$838
(10%)
$284
84%
$205
16%
$1,326
5%
63%
21%
15%
37%
Note: $ in millions (unless noted), unaudited.
Percentages have been calculated using actual, non-rounded figures and, therefore, may not recalculate precisely.
2021
$1,011
21%
$416
47%
$290
41%
$1,717
29%
59%
24%
17%
41%
2022
$987
(2%)
$395
(5%)
$371
28%
$1,752
2%
56%
23%
21%
44%
ā Retail & Other (56% of revenue, -260 bps), -2% y/y
FY22 performance impacted by limited
promotional activity and softer demand in
2H22, partially offset by improved supply
O
DTC (23% of revenue, -170bps), -5% y/y
FY22 performance impacted by softer demand
in EMEA and limited promotional activity,
partially offset by slight growth in Americas
Installer Solutions (21% of revenue, +430 bps),
+28% y/y
O
Channel growth driven by Amp and Port,
despite persistent product supply challenges
as well as geographic expansion (EMEA and
APAC)
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