Sonos (SONO) Operating Margin (2017 - 2026)
Sonos' Operating Margin was 8.40% in fiscal Q3 2026 (quarter ended Jun 27, 2026), up 9.25 percentage points from -0.85% a year earlier and up 19.62 percentage points from the prior quarter.
Sonos (SONO) Operating Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sonos' Operating Margin was 4.43% through Jun 27, 2026, up 10.48 percentage points year-over-year; for FY2025 (ended Sep 27, 2025), it came in at -3.50%, down 0.33 percentage points from FY2024.
- Operating Margin has now declined for four consecutive fiscal years, with a five-year change of -1.44 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Operating Margin was -3.16% in FY2024 (-1.92 pp), -1.24% in FY2023 (-6.35 pp), 5.11% in FY2022 (-3.92 pp) and 9.03% in FY2021 (+11.08 pp).
- Quarterly Operating Margin has moved between -28.08% (fiscal Q2 2024) and 19.95% (fiscal Q1 2022) over five years.
- Compared with a year earlier, Operating Margin has increased for four straight quarters, with an average year-over-year change of +3.11 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was fiscal Q4 2025 (a gain of 15.21 percentage points); the worst was fiscal Q2 2023 (a drop of 21.33 percentage points).
- Per Business Quant data, SONO's Operating Margin in the three fiscal quarters before Q3 2026 was -11.22% (Q2 2026), 18.40% (Q1 2026) and -11.95% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 29.32 Bn | 26.99 Bn | 860.34 Mn | 10.16% |
| 2 | Somnigroup International | 13.33 Bn | 12.87 Bn | 817.20 Mn | 11.06% |
| 3 | Hni | 3.53 Bn | 3.10 Bn | 647.20 Mn | 6.26% |
| 4 | Newell Brands | 2.17 Bn | 1.33 Bn | 812.00 Mn | 14.19% |
| 5 | Whirlpool | 1.93 Bn | -1.70 Bn | 473.00 Mn | 0.11% |
| 6 | Sonos | 1.93 Bn | 829.64 Mn | 189.31 Mn | 8.40% |
| 7 | Arhaus | 1.75 Bn | 830.14 Mn | 172.07 Mn | 14.10% |
| 8 | Millerknoll | 1.48 Bn | 782.87 Mn | 385.30 Mn | 5.61% |
| 9 | Corsair Gaming | 1.35 Bn | 874.20 Mn | 104.29 Mn | 2.42% |
| 10 | Cricut | 1.28 Bn | 250.54 Mn | 116.41 Mn | 30.34% |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 8.40% |
| Mar 28, 2026 | -11.22% |
| Dec 27, 2025 | 18.40% |
| Sep 27, 2025 | -11.95% |
| Jun 28, 2025 | -0.85% |
| Mar 29, 2025 | -23.57% |
| Dec 28, 2024 | 8.73% |
| Sep 28, 2024 | -27.16% |
| Jun 29, 2024 | 3.17% |
| Mar 30, 2024 | -28.08% |
| Dec 30, 2023 | 13.00% |
| Sep 30, 2023 | -9.29% |
| Jul 1, 2023 | -5.69% |
| Apr 1, 2023 | -18.81% |
| Dec 31, 2022 | 12.83% |
| Oct 1, 2022 | -18.99% |
| Jul 2, 2022 | 1.87% |
| Apr 2, 2022 | 2.51% |
| Jan 1, 2022 | 19.95% |
| Oct 2, 2021 | -3.21% |
Sonos Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=SONO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "SONO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=SONO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();