Sonos Inc

For the period ended Sep 27, 2025. Filed Nov 14, 2025.

About 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.

FY2025 · Filed Nov 14, 2025

SONO$17.01+3.7%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

(in thousands, except share and par values)

	As of
	September 27,2025	September 28,2024
Assets
Current assets:
Cash and cash equivalents	$174,668	$169,732
Marketable securities	52,858	51,426
Accounts receivable, net of allowances of $66,098 and $51,741 as of September 27, 2025, and September 28, 2024, respectively	65,847	44,513
Inventories	171,020	231,505
Prepaid and other current assets	39,642	53,910
Total current assets	504,035	551,086
Property and equipment, net	72,277	102,148
Operating lease right-of-use assets	45,297	50,175
Goodwill	82,854	82,854
Intangible assets, net:
In-process research and development	—	73,770
Other intangible assets	75,356	14,266
Deferred tax assets	10,509	10,314
Other noncurrent assets	32,950	31,699
Total assets	$823,278	$916,312
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$184,109	$194,590
Accrued expenses	79,094	87,783
Accrued compensation	21,331	15,701
Deferred revenue, current	21,771	21,802
Other current liabilities	46,107	46,277
Total current liabilities	352,412	366,153
Operating lease liabilities, noncurrent	53,288	56,588
Deferred revenue, noncurrent	59,453	61,075
Deferred tax liabilities	126	60
Other noncurrent liabilities	2,774	3,816
Total liabilities	468,053	487,692
Commitments and contingencies (Note 12)
Stockholders’ equity:
Common stock, $0.001 par value; 500,000,000 shares authorized, 122,881,915 and 123,046,510 shares issued, 120,093,113 and 121,763,776 shares outstanding as of September 27, 2025, and September 28, 2024, respectively	123	123
Treasury stock, 2,788,802 and 1,282,734 shares at cost as of September 27, 2025 and September 28, 2024, respectively	(37,398)	(17,096)
Additional paid-in capital	502,775	498,245
Accumulated deficit	(112,078)	(50,934)
Accumulated other comprehensive income (loss)	1,803	(1,718)
Total stockholders' equity	355,225	428,620
Total liabilities and stockholders’ equity	$823,278	$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.