Sonos (SONO) Financials

A company's financial statements provide a comprehensive overview of its financial performance and position. Sonos Inc (SONO) is no exception, as its income statement reveals key information about its revenues, expenses, and profitability. According to the latest financial data, Sonos Inc reported a total revenue of $1.29 billion, representing the amount of money generated from its sales and services. The gross profit, which indicates the amount left after deducting the cost of goods sold, stood at $507 million. The company's operating expenses, including research and development, marketing, and general administrative costs, totaled $508 million. As a result, Sonos Inc recorded an operating loss (EBIT) of $1 million.

Looking at the net income attributable to Sonos Inc's stockholders, the company reported a net loss of $15 million. This reflects the amount of profit or loss remaining after accounting for interest, taxes, and other expenses. When assessing the company's financial health, it is crucial to examine its balance sheet. Sonos Inc's total assets amounted to $1.9 billion, with stockholders' equity standing at $412 million. On the liability side, the company's total debt reached $1.29 billion, while its total liabilities amounted to $1.49 billion.

Moving on to the cash flow statement, it provides insights into how Sonos Inc manages its cash and cash equivalents. The company reported cash equivalents of $215 million, indicating its ability to meet short-term liquidity needs. Moreover, Sonos Inc's operating cash flow, which represents the cash generated from its core business operations, amounted to $191 million. This demonstrates the company's operational profitability. The investing cash flow, which reflects the cash used for investments in assets and acquisitions, stood at $-43 million. Lastly, the financing cash flow, which captures cash flows from financing activities such as issuing and repaying debt, amounted to $-190 million.

In summary, Sonos Inc's financials highlight its total revenue of $1.29 billion, gross profit of $507 million, and net loss of $15 million. Additionally, the balance sheet reveals total assets of $1.9 billion, total liabilities of $1.49 billion, and stockholders' equity of $412 million. The cash flow statement indicates cash equivalents of $215 million, operating cash flow of $191 million, investing cash flow of $-43 million, and financing cash flow of $-190 million.