Sonder Investor Presentation Deck
Financial Overview
Overhead & CapEx
Initiatives
Reduced corporate workforce
over 30% on a net basis since
going public in early 2022.
Reducing non-headcount
overhead through zero-based
budgeting with savings
materializing as we renegotiate
contracts as they expire.
Containing growth investments
via lower inventory and opening
capex.
Sonder
Overhead' declined 14% y/y, despite 29% y/y
revenue growth.
Non-Property Level Operating Expenses² and CapEx ($M)
Non-Property Level Operating Expenses²
$12
$61
Q1'22
$7
$60
Q2 '22
$8
$59
Q3 '22
$5
$57
Q4 '22
CapEx
$7
$49
Q1 '23
$2
$49
Q2 '23
$3
$50
Q3 '23
(1) Non-property level operating expenses.
(2) This is a Non-GAAP Financial Measure. Refer to section titled Non-GAAP Reconciliations for the reconciliation of our Non-GAAP Financial Measures to the most directly
comparable GAAP Financial Measure. Non-Property Level Operating Expenses also includes pre-opening costs.
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