Sound (SOGP) Gross Margin (2018 - 2025)
Sound (SOGP) posted quarterly Gross Margin of 29.4% for 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.
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.
- In Q4 2025, Gross Margin rose 137.0% year-over-year to 29.4%; the TTM figure through Dec 2025 stood at 27.8% (up 65.0% YoY), while the FY2025 annual figure was 29.17%, up 177.0% from the prior year.
- Gross Margin climbed to 29.4% in Q4 2025 per SOGP's latest filing, from 28.03% in the prior quarter.
- Across five years, Gross Margin topped out at 34.06% in Q2 2022 and bottomed at 25.26% in Q1 2021.
- Historically, Gross Margin has averaged 29.71% across 5 years, with a median of 29.69% in 2021.
- Annual changes were most pronounced in 2022 — Gross Margin surged 727 bps — and 2023, when it tumbled 809 bps.
- Sound's Gross Margin stood at 32.47% in 2021, then retreated by 4 bps to 31.24% in 2022, then decreased by 19 bps to 25.3% in 2023, then increased by 11 bps to 28.03% in 2024, then increased by 5 bps to 29.4% in 2025.
- Business Quant data shows SOGP's Gross Margin at 29.4% in Q4 2025, 28.03% in Q4 2024, and 25.3% in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,226.97 Bn | 3,797.93 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,534.26 Bn | 1,444.00 Bn | 49.47 Bn | 81.37% |
| 3 | Taboola.com | 1,139.07 Bn | 1,138.93 Bn | 139.48 Mn | 29.25% |
| 4 | Baidu | 289.47 Bn | 284.98 Bn | 1.88 Mn | 0.04% |
| 5 | Spotify Technology | 102.75 Bn | 92.51 Bn | 1.75 Bn | 32.98% |
| 6 | Joyy | 77.93 Bn | 77.04 Bn | 205.64 Mn | 35.34% |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 75.52% |
| 8 | Nebius | 49.20 Bn | 39.57 Bn | 295.20 Mn | 73.98% |
| 9 | 30.47 Bn | 27.69 Bn | 734.60 Mn | 91.27% | |
| 10 | Sound | 11.22 Bn | 11.13 Bn | 73.37 Mn | 29.40% |
Historic Data
Download 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% |