Sonos Inc
For the period ended Sep 28, 2024. Filed Nov 15, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Nov 15, 2024
SONO$16.89-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations and Comprehensive Income (Loss)
(in thousands, except share and per share data)
| Year Ended | |||
|---|---|---|---|
| September 28,2024 | September 30,2023 | October 1,2022 | |
| Revenue | $1,518,056 | $1,655,255 | $1,752,336 |
| Cost of revenue | 828,683 | 938,765 | 955,969 |
| Gross profit | 689,373 | 716,490 | 796,367 |
| Operating expenses | |||
| Research and development | 304,558 | 301,001 | 256,073 |
| Sales and marketing | 290,609 | 267,518 | 280,333 |
| General and administrative | 142,252 | 168,518 | 170,429 |
| Total operating expenses | 737,419 | 737,037 | 706,835 |
| Operating income (loss) | (48,046) | (20,547) | 89,532 |
| Other income (expense), net | |||
| Interest income | 11,965 | 10,201 | 1,655 |
| Interest expense | (441) | (733) | (552) |
| Other income (expense) | 9,371 | 15,473 | (21,905) |
| Total other income (expense), net | 20,895 | 24,941 | (20,802) |
| Income (loss) before provision for income taxes | (27,151) | 4,394 | 68,730 |
| Provision for income taxes | 10,995 | 14,668 | 1,347 |
| Net income (loss) | $(38,146) | $(10,274) | $67,383 |
| Net income (loss) attributable to common stockholders: | |||
| Basic and diluted | $(38,146) | $(10,274) | $67,383 |
| Net income (loss) per share attributable to common stockholders: | |||
| Basic | $(0.31) | $(0.08) | $0.53 |
| Diluted | $(0.31) | $(0.08) | $0.49 |
| Weighted-average shares used in computing net income (loss) per share attributable to common stockholders: | |||
| Basic | 123,218,532 | 127,702,885 | 127,691,030 |
| Diluted | 123,218,532 | 127,702,885 | 137,762,078 |
| Total comprehensive income (loss) | |||
| Net income (loss) | $(38,146) | $(10,274) | $67,383 |
| Change in foreign currency translation adjustment | 1,604 | 153 | (2,221) |
| Net unrealized gain on marketable securities | 122 | — | — |
| Comprehensive income (loss) | $(36,420) | $(10,121) | $65,162 |
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