Sonendo, Inc. (SONX) Gross Margin (2020 - 2024)
Sonendo (SONX) recorded Gross Margin of 41.12% in Q4 2024, up 15.72 percentage points from 25.40% a year earlier but down 0.07 percentage points from the prior quarter.
Sonendo, Inc. (SONX) Gross Margin (2020 - 2024) Analysis & Trends
For FY2024, Sonendo reported Gross Margin of 37.35%, up 23.87 percentage points from FY2023.
- Annual Gross Margin has a four-year change of +20.72 percentage points (FY2020 to FY2024).
- Across earlier years, Gross Margin came in at 13.48% in FY2023 (-11.68 pp), 25.16% in FY2022 (+0.05 pp), 25.11% in FY2021 (+8.47 pp) and 16.64% in FY2020.
- Quarterly Gross Margin has ranged from -5.53% in Q2 2023 to 41.19% in Q3 2024 over the past five years.
- On a year-over-year basis, Gross Margin has increased for four consecutive quarters, with an average year-over-year change of +6.00 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 43.01 percentage points in Q2 2024, against a drop of 29.74 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 41.19% (Q3 2024), 37.48% (Q2 2024) and 28.40% (Q1 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 41.12% |
| Sep 30, 2024 | 41.19% |
| Jun 30, 2024 | 37.48% |
| Mar 31, 2024 | 28.40% |
| Dec 31, 2023 | 25.40% |
| Sep 30, 2023 | 10.83% |
| Jun 30, 2023 | -5.53% |
| Mar 31, 2023 | 22.79% |
| Dec 31, 2022 | 27.23% |
| Sep 30, 2022 | 23.54% |
| Jun 30, 2022 | 24.21% |
| Mar 31, 2022 | 25.23% |
| Dec 31, 2021 | 24.79% |
| Sep 30, 2021 | 25.98% |
| Jun 30, 2021 | 26.19% |
| Mar 31, 2021 | 23.45% |
| Dec 31, 2020 | 20.24% |
| Sep 30, 2020 | 19.59% |
Sonendo, Inc. Gross 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=gross-margin&ticker=SONX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SONX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SONX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();