Sonos, Inc. Operating Margin History
SONO / Consumer Discretionary|10 years of SEC 10-K data (FY2016-FY2025)
-3.5% in FY2025 with a 5-year CAGR of -1.5%.
Declined from -1.2% to -3.5% over the past 2 years.
Among 186 Consumer Discretionary companies, Sonos, Inc. is in the bottom 8% for operating margin. Operating Margin has declined for 4 consecutive years, from 9.0% in FY2021 to -3.5% in FY2025.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year Change
- -8.6pp
- 5-Year Change
- -1.5pp
- 10-Year Change
- -
Operating Margin Trend
Bottom 8% in Consumer DiscretionaryTop 92% of 186This company -3.5% Sector average 3.2%
▼
-208.8% below sector average
Key Insights
- Sonos, Inc.'s operating margin has declined for 4 consecutive years.
- In FY2025, operating margin decreased 10.8% year-over-year.
- Currently 6.7pp below the Consumer Discretionary sector average.
- Peak operating margin was recorded in FY2021.
Annual Data
| Year | Operating Margin | YoY Growth |
|---|---|---|
| FY2025 | -3.5% | -10.8% |
| FY2024 | -3.2% | -154.8% |
| FY2023 | -1.2% | -124.3% |
| FY2022 | 5.1% | -43.4% |
| FY2021 | 9.0% | +540.5% |
| FY2020 | -2.1% | -555.6% |
| FY2019 | 0.4% | +157.7% |
| FY2018 | -0.8% | +50.4% |
| FY2017 | -1.6% | +54.1% |
| FY2016 | -3.4% | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026