Sonos (SONO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Sonos

NasdaqGS•Technology•Consumer Electronics

$15.53-0.54(-0.03%)Market closed

Market Cap

$1.85B

P/E

32.5x

P/S

1.2x

P/B

4.6x

Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells audio products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers wireless, portable, plug-in, and home theater speakers; and headphones, soundbars, components, and accessories. It offers its products through physical stores, websites, online retailers, and custom installers. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was incorporated in 2002 and is based in Santa Barbara, California.

How this company scores

GoodMetricSide Score: 71/100

Strongest: Cash & Earnings Quality (21/25); weakest: Balance Sheet & Red Flags (15/25).

Profitability17/25

Growth18/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality21/25

Strengths

Rising free cash flowRising earningsInterest easily coveredCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 32.5x5y range 18.7x – 112.6x

Currently above its 8-quarter median.

P/S · 1.2x5y range 0.9x – 2.4x

Currently near its 20-quarter median.

P/B · 4.6x5y range 3.2x – 7.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $1.85B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.49B
Q. Revenue: $375.26M
TTM EBITDA: $116.56M
TTM Op. Income: $65.97M
Q. Op. Income: $31.53M
TTM Net Income: $56.91M
Q. Net Income: $29.85M
EPS: $0.25
Shares Out.: $118.96M

$1.49B in TTM revenue grew 5.6% YoY, reaching $375.26M last quarter. TTM EBITDA of $116.56M and TTM operating income of $65.97M show growth is flowing through to the bottom line. TTM net income of $56.91M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 50.4%
EBITDA Margin: 11.4%
Op. Margin: 8.4%
Net Margin: 8.0%

Op. margin of 8.4% is up 9.3% YoY — cost efficiency is improving. Net margin at 8.0% and gross margin of 50.4% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 1089% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 32.5x
P/S Ratio: 1.2x
P/B Ratio: 4.6x

At 32.5x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.2x and P/B of 4.6x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 0% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $882.12M
Cash: $206.89M
Long-Term Debt: N/A
Book Value: $403.53M
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $46.23M
TTM Free Cash Flow: $125.15M
FCF Margin: 8.4%
FCF / Net Income: 2.2

TTM FCF of $125.15M on $46.23M in operating cash flow. The FCF / Net Income ratio of 2.2x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 119% — an improving trend.