November 17, 2021

Sonos Reports Record Fiscal Year and Fourth Quarter 2021 Results

SANTA BARBARA, Calif.–(BUSINESS WIRE)–Sonos, Inc. (Nasdaq: SONO) today reported fourth quarter and fiscal 2021 results. Fiscal 2021 Financial Highlights (unaudited) Revenue increased 29% to $1.717 billion; excluding the impact of the 53rd week in fiscal 2020, revenue increased approximately 32% Gross margin increased 410 basis points to 47.2%; excluding the effect of tariff duties and refunds, gross margin increased 130 basis points to a record of 46.9% GAAP net income increased to $158.6 mil

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