Sound (SOGP) Operating Margin (2018 - 2025)
Sound (SOGP) posted quarterly Operating Margin of 8.82% for Q4 2025, up 1292.0% year-over-year from 0.63% in Q4 2024, and up 315.02% quarter-over-quarter from 4.1% in Q4 2024.
Analysis
Sound (SOGP) Operating Margin (2018 - 2025) Analysis & Trends
Sound (SOGP) has reported Operating Margin for 8 consecutive years, with 8.82% the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Margin rose 1292.0% year-over-year to 8.82%; the TTM figure through Dec 2025 stood at 24.3% (down 1597.0% YoY), while the FY2025 annual figure was 6.99%, up 1141.0% from the prior year.
- Operating Margin rose to 8.82% in Q4 2025 per SOGP's latest filing, from 4.1% in the prior quarter.
- Across five years, Operating Margin topped out at 73.97% in Q4 2023 and bottomed at 14.59% in Q1 2021.
- Historically, Operating Margin has averaged 17.28% across 5 years, with a median of 2.78% in 2022.
- Annual changes were most pronounced in 2023 — Operating Margin surged 6976 bps — and 2024, when it plunged 7807 bps.
- Sound's Operating Margin stood at 0.96% in 2021, then surged by 340 bps to 4.21% in 2022, then surged by 1659 bps to 73.97% in 2023, then slumped by 106 bps to 4.1% in 2024, then soared by 315 bps to 8.82% in 2025.
- Business Quant data shows SOGP's Operating Margin at 8.82% in Q4 2025, 4.1% in Q4 2024, and 73.97% in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 30.88% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 21.88% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -30.21% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 28.79% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 4.70% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -4.68% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 28.77% |
| 10 | Sound | 5.56 Bn | 5.56 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 8.82% |
| Dec 31, 2024 | -4.10% |
| Dec 31, 2023 | 73.97% |
| Sep 30, 2023 | 65.43% |
| Jun 30, 2023 | 57.53% |
| Mar 31, 2023 | 55.71% |
| Dec 31, 2022 | 4.21% |
| Sep 30, 2022 | 2.21% |
| Jun 30, 2022 | 2.73% |
| Mar 31, 2022 | 2.83% |
| Dec 31, 2021 | 0.96% |
| Sep 30, 2021 | -7.94% |
| Jun 30, 2021 | -5.65% |
| Mar 31, 2021 | -14.59% |
| Dec 31, 2020 | -1.53% |
| Sep 30, 2020 | -2.64% |
| Jun 30, 2020 | -7.14% |
| Mar 31, 2020 | -12.88% |
| Dec 31, 2019 | -8.69% |
| Sep 30, 2019 | -15.71% |