Given Sonos’ terrible app launch and the CEO’s recent departure, I thought it would be interesting to see their financial performance over recent years.
Source: Sonos 2020 and 2024 Financial Results and Sonos 2018 Shareholder Letter
Tools: PowerPoint
We curse the broken software regularly in this house; maybe the firing of the CEO is a sign of a turn for the better?
theres only so many white boxes i can fit in my house
Looks like everyone who wanted to pay too much for an okay speaker got what they needed in ’22
I think its worth noting the disaster of an app launch was in May of 2024 so the revenue growth seems to have already been on the decline. Maybe part of the pressure to release it prematurely?
Sitting on a subwoofer here that won’t connect to the shit app, I hope they go out of business.
Sonos’ CEO stole from employees who delivered revenue growth
Children of boomers stopped agreeing to help them connect Sonos to their devices and anyone who isn’t a boomer knows Sonos isn’t worth the hassle.
Just a theory based on anecdotal experience.
Sonos’ time is numbered. We have more modern solutions delivered directly from our music platforms these days
Why do companies always have to grow in revenue and in margins?
Isnt it ok to just make a living off what you are making and just focus onto extending a customer base by delivering a good product?
So many companies these days ruin a perfectly good product trying to chase after margin and revenue growth that just ends in inhumane practices.
I inly use it through airplay, the app is straight dogshit
Not surprising. The app is hot garbage and we refuse to sink anymore money into the system.
Or maybe this has more to do with the fact during the pandemic people were buying home audio equipment as they were sat at home all day?
I sold my Sonos stuff a few years ago. Simply was never working right. Went with the UE boom and similar. Now it works. It’s that simple
Thoughts and prayers for the shareholders🙏
Edit: grammar
This kind of framing is insane, the CEO didnt deliver the revenue, the Sonos worker did.
I’m done with Sonos when my speakers die. I hate it. It’s just so flakey.
You can only hike the price so much before people stop buying you overpriced stuff. And then “growth” stops all of a sudden.
![Sonos revenue ($ millions) from 2016- 2024 [OC]](https://www.europesays.com/wp-content/uploads/2025/01/33vfimmk77de1-1080x1024.jpeg)
18 comments
Given Sonos’ terrible app launch and the CEO’s recent departure, I thought it would be interesting to see their financial performance over recent years.
Source: Sonos 2020 and 2024 Financial Results and Sonos 2018 Shareholder Letter
Tools: PowerPoint
We curse the broken software regularly in this house; maybe the firing of the CEO is a sign of a turn for the better?
theres only so many white boxes i can fit in my house
Looks like everyone who wanted to pay too much for an okay speaker got what they needed in ’22
I think its worth noting the disaster of an app launch was in May of 2024 so the revenue growth seems to have already been on the decline. Maybe part of the pressure to release it prematurely?
Sitting on a subwoofer here that won’t connect to the shit app, I hope they go out of business.
Sonos’ CEO stole from employees who delivered revenue growth
Children of boomers stopped agreeing to help them connect Sonos to their devices and anyone who isn’t a boomer knows Sonos isn’t worth the hassle.
Just a theory based on anecdotal experience.
Sonos’ time is numbered. We have more modern solutions delivered directly from our music platforms these days
Why do companies always have to grow in revenue and in margins?
Isnt it ok to just make a living off what you are making and just focus onto extending a customer base by delivering a good product?
So many companies these days ruin a perfectly good product trying to chase after margin and revenue growth that just ends in inhumane practices.
I inly use it through airplay, the app is straight dogshit
Not surprising. The app is hot garbage and we refuse to sink anymore money into the system.
Or maybe this has more to do with the fact during the pandemic people were buying home audio equipment as they were sat at home all day?
I sold my Sonos stuff a few years ago. Simply was never working right. Went with the UE boom and similar. Now it works. It’s that simple
Thoughts and prayers for the shareholders🙏
Edit: grammar
This kind of framing is insane, the CEO didnt deliver the revenue, the Sonos worker did.
I’m done with Sonos when my speakers die. I hate it. It’s just so flakey.
You can only hike the price so much before people stop buying you overpriced stuff. And then “growth” stops all of a sudden.
Comments are closed.