Sonendo SONX
OTC SONX
$1.28 +0.00 (+0.00%)
At close: Oct 19, 2026 · 4:00 PM EDT

Sonendo, Inc. (SONX) Gross Margin (2020 - 2024)

Updated

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.

Analysis

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 Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
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%
API Access

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