Sonos (SONO) Operating Margin (2017 - 2026)

Sonos has disclosed Operating Margin across 10 years of filings, most recently posting 11.22% for Q1 2026.

• Operating Margin for Q1 2026 came in at 11.22%, up 1235.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.16% (up 694.0% YoY), and the FY2025 annual result was 3.5%, down 33.0% from the prior year.
• Operating Margin came in at 11.22% for Q1 2026 at Sonos, down from 18.4% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 19.95% in Q1 2022 to a low of 28.08% in Q1 2024.
• The 5-year median for Operating Margin is 3.27% (2023), against an average of 4.18%.
• Across the five-year window, Operating Margin slumped 2133 bps in 2023 and jumped 1521 bps in 2025, its largest moves.
• Sonos' Operating Margin stood at 12.83% in 2022, then grew by 1 bps to 13.0% in 2023, then plunged by 33 bps to 8.73% in 2024, then jumped by 111 bps to 18.4% in 2025, then sank by 161 bps to 11.22% in 2026.
• The last three Operating Margin figures came in at 11.22% (Q1 2026), 18.4% (Q4 2025), and 11.95% (Q3 2025), per Business Quant data.