Sonos Inc

For the period ended Mar 29, 2025. Filed May 8, 2025.

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.

Mar 29, 2025 · Filed May 8, 2025

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 exhibits

Contents

Condensed consolidated balance sheets

(unaudited, in thousands, except par values)

	As of
	March 29,2025	September 28,2024
Assets
Current assets:
Cash and cash equivalents	$173,158	$169,732
Marketable securities	50,349	51,426
Accounts receivable, net	40,430	44,513
Inventories	138,421	231,505
Prepaids and other current assets	50,666	53,910
Total current assets	453,024	551,086
Property and equipment, net	86,035	102,148
Operating lease right-of-use assets	48,011	50,175
Goodwill	82,854	82,854
Intangible assets, net
In-process research and development	—	73,770
Other intangible assets	81,311	14,266
Deferred tax assets	9,197	10,314
Other noncurrent assets	31,746	31,699
Total assets	$792,178	$916,312
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$117,946	$194,590
Accrued expenses	73,531	87,783
Accrued compensation	26,113	15,701
Deferred revenue, current	21,214	21,802
Other current liabilities	50,786	46,277
Total current liabilities	289,590	366,153
Operating lease liabilities, noncurrent	56,442	56,588
Deferred revenue, noncurrent	60,276	61,075
Deferred tax liabilities	311	60
Other noncurrent liabilities	2,700	3,816
Total liabilities	409,319	487,692
Commitments and contingencies (Note 7)
Stockholders’ equity:
Common stock, $0.001 par value	124	123
Treasury stock	(51,934)	(17,096)
Additional paid-in capital	507,805	498,245
Accumulated deficit	(70,841)	(50,934)
Accumulated other comprehensive loss	(2,295)	(1,718)
Total stockholders’ equity	382,859	428,620
Total liabilities and stockholders’ equity	$792,178	$916,312

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.