Sonos Inc

For the period ended Dec 30, 2023. Filed Feb 7, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Dec 30, 2023 · Filed Feb 7, 2024

SONO$16.89-0.7%Stored close · as of Nov 10, 2026

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Contents

Condensed consolidated statements of operations and comprehensive income

(unaudited, in thousands, except share and per share amounts)

	Three Months Ended
	December 30,2023	December 31,2022
Revenue	$612,869	$672,579
Cost of revenue	330,190	387,522
Gross profit	282,679	285,057
Operating expenses
Research and development	79,235	76,940
Sales and marketing	83,950	78,696
General and administrative	39,799	43,117
Total operating expenses	202,984	198,753
Operating income	79,695	86,304
Other income, net
Interest income	3,075	1,967
Interest expense	(105)	(158)
Other income, net	10,274	23,576
Total other income, net	13,244	25,385
Income before provision for income taxes	92,939	111,689
Provision for income taxes	11,992	36,501
Net income	$80,947	$75,188
Net income attributable to common stockholders:
Basic and diluted	$80,947	$75,188
Net income per share attributable to common stockholders:
Basic	$0.65	$0.59
Diluted	$0.64	$0.57
Weighted-average shares used in computing net income per share attributable to common stockholders:
Basic	125,181,717	127,212,245
Diluted	126,742,153	131,502,986
Total comprehensive income
Net income	80,947	75,188
Change in foreign currency translation adjustment	(863)	(7,226)
Comprehensive income	$80,084	$67,962

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.