Sound (SOGP) Gross Margin (2018 - 2025)
Sound's (SOGP) quarterly Gross Margin came in at 29.4% in Q4 2025, up 137.0% year-over-year from 12.41% in Q4 2024, and up 4.9% quarter-over-quarter from 28.03% in Q4 2024.
Analysis
Sound (SOGP) Gross Margin (2018 - 2025) Analysis & Trends
Sound (SOGP) has reported Gross Margin for 8 consecutive years, with 29.4% the latest figure, recorded in Q4 2025.
- On a quarterly basis, Gross Margin rose 137.0% year-over-year to 29.4% in Q4 2025; TTM through Dec 2025 was 27.8%, a 65.0% increase from a year earlier, with the FY2025 full-year figure at 29.17%, up 177.0% from the prior year.
- Gross Margin was 29.4% for Q4 2025 at Sound, up from 28.03% in the prior quarter.
- Over five years, Gross Margin peaked at 34.06% in Q2 2022 and troughed at 25.26% in Q1 2021.
- A 5-year average of 29.71% and a median of 29.69% in 2021 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 727 bps in 2022 and plunged 809 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 32.47% in 2021, then declined by 4 bps to 31.24% in 2022, then fell by 19 bps to 25.3% in 2023, then climbed by 11 bps to 28.03% in 2024, then climbed by 5 bps to 29.4% in 2025.
- The last three Gross Margin figures came in at 29.4% (Q4 2025), 28.03% (Q4 2024), and 25.3% (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 81.37% |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | 91.27% | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | 37.22% |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | 78.18% | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 76.06% |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | 58.23% |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | - |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | 34.13% |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 74.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 29.40% |
| Dec 31, 2024 | 28.03% |
| Dec 31, 2023 | 25.30% |
| Sep 30, 2023 | 25.36% |
| Jun 30, 2023 | 29.42% |
| Mar 31, 2023 | 31.13% |
| Dec 31, 2022 | 31.24% |
| Sep 30, 2022 | 33.45% |
| Jun 30, 2022 | 34.06% |
| Mar 31, 2022 | 32.53% |
| Dec 31, 2021 | 32.47% |
| Sep 30, 2021 | 29.96% |
| Jun 30, 2021 | 28.39% |
| Mar 31, 2021 | 25.26% |
| Dec 31, 2020 | 28.32% |
| Sep 30, 2020 | 25.07% |
| Jun 30, 2020 | 24.43% |
| Mar 31, 2020 | 19.69% |
| Dec 31, 2019 | 17.64% |
| Sep 30, 2019 | 19.50% |