Financial Statements — SONO
Balance Sheet
(in billions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.21 | 0.20 | 0.31 | 0.20 | 0.17 | 0.28 | 0.23 | 0.25 | 0.47 | 0.27 | 0.29 | 0.43 | 0.44 | 0.61 | 0.75 | 0.67 | 0.64 | 0.68 |
| Accounts Receivable | 0.12 | 0.10 | 0.12 | 0.09 | 0.04 | 0.08 | 0.13 | 0.07 | 0.08 | 0.11 | 0.08 | 0.11 | 0.12 | 0.11 | 0.18 | 0.07 | 0.07 | 0.11 |
| Inventory | 0.16 | 0.16 | 0.13 | 0.12 | 0.14 | 0.14 | 0.15 | 0.18 | 0.17 | 0.30 | 0.33 | 0.31 | 0.34 | 0.26 | 0.21 | 0.15 | 0.14 | 0.09 |
| Total Current Assets | 0.59 | 0.54 | 0.64 | 0.50 | 0.45 | 0.61 | 0.60 | 0.58 | 0.76 | 0.71 | 0.74 | 0.88 | 0.92 | 1.01 | 1.16 | 0.91 | 0.88 | 0.90 |
| Property, Plant & Equipment | 0.06 | 0.06 | 0.07 | 0.08 | 0.09 | 0.10 | 0.10 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 |
| Goodwill | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.04 | 0.04 | 0.02 | 0.02 | 0.02 |
| Intangible Assets | 0.06 | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 |
| Total Non-current Assets* | 0.29 | 0.30 | 0.31 | 0.33 | 0.34 | 0.35 | 0.36 | 0.34 | 0.35 | 0.36 | 0.32 | 0.32 | 0.32 | 0.22 | 0.21 | 0.17 | 0.17 | 0.17 |
| Total Assets | 0.88 | 0.84 | 0.95 | 0.83 | 0.79 | 0.96 | 0.96 | 0.93 | 1.11 | 1.07 | 1.06 | 1.21 | 1.24 | 1.23 | 1.37 | 1.08 | 1.05 | 1.07 |
| Accounts Payable | 0.18 | 0.16 | 0.20 | 0.14 | 0.12 | 0.16 | 0.18 | 0.12 | 0.18 | 0.15 | 0.18 | 0.24 | 0.31 | 0.27 | 0.34 | 0.20 | 0.20 | 0.24 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.02 |
| Total Current Liabilities | 0.37 | 0.34 | 0.39 | 0.32 | 0.29 | 0.37 | 0.37 | 0.30 | 0.38 | 0.34 | 0.35 | 0.48 | 0.51 | 0.46 | 0.60 | 0.40 | 0.37 | 0.46 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.02 |
| Total Non-current Liabilities* | 0.11 | 0.11 | 0.12 | 0.12 | 0.12 | 0.12 | 0.13 | 0.13 | 0.14 | 0.13 | 0.09 | 0.10 | 0.10 | 0.09 | 0.09 | 0.10 | 0.10 | 0.10 |
| Total Liabilities | 0.48 | 0.46 | 0.50 | 0.44 | 0.41 | 0.49 | 0.50 | 0.43 | 0.52 | 0.48 | 0.45 | 0.57 | 0.60 | 0.55 | 0.69 | 0.50 | 0.47 | 0.56 |
| Retained Earnings | (0.02) | (0.05) | (0.02) | (0.07) | (0.07) | -0.00 | 0.00 | -0.00 | 0.07 | 0.02 | 0.04 | 0.07 | 0.06 | 0.06 | 0.05 | (0.06) | (0.08) | (0.10) |
| Total Stockholder Equity | 0.40 | 0.38 | 0.44 | 0.40 | 0.38 | 0.47 | 0.46 | 0.49 | 0.59 | 0.59 | 0.61 | 0.63 | 0.64 | 0.67 | 0.68 | 0.59 | 0.58 | 0.51 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 |
|---|
| Total Revenue | 375.26 | 281.53 | 545.66 | 287.90 | 344.76 | 259.76 | 550.86 | 255.38 | 397.15 | 252.66 | 612.87 | 305.15 | 373.36 | 304.17 | 672.58 | 316.29 | 371.78 | 399.78 | 664.48 | 359.54 |
| Cost of Revenue | 185.95 | 156.88 | 292.20 | 162.11 | 195.04 | 146.15 | 309.45 | 152.36 | 205.51 | 140.62 | 330.19 | 177.09 | 201.59 | 172.56 | 387.52 | 192.19 | 195.94 | 220.75 | 347.10 | 192.61 |
| Gross Profit | 189.31 | 124.65 | 253.46 | 125.79 | 149.72 | 113.61 | 241.41 | 103.02 | 191.64 | 112.04 | 282.68 | 128.05 | 171.76 | 131.62 | 285.06 | 124.10 | 175.85 | 179.03 | 317.39 | 166.93 |
| Research & Development | 67.88 | 64.13 | 59.76 | 61.96 | 59.75 | 77.42 | 80.84 | 70.78 | 74.22 | 80.32 | 79.24 | 65.52 | 77.76 | 80.79 | 76.94 | 67.27 | 62.52 | 64.95 | 61.33 | 65.78 |
| Selling, General & Admin | 30.28 | 29.71 | 28.01 | 30.48 | 30.33 | 33.20 | 25.83 | 28.43 | 33.19 | 40.84 | 39.80 | 32.30 | 48.67 | 44.44 | 43.12 | 44.24 | 42.37 | 44.09 | 39.73 | 39.46 |
| Total Operating Expenses | 157.78 | 156.22 | 153.04 | 160.20 | 152.65 | 174.83 | 193.31 | 172.39 | 179.05 | 183.00 | 202.98 | 156.42 | 193.02 | 188.84 | 198.75 | 184.16 | 168.89 | 168.99 | 184.79 | 178.48 |
| Operating Income | 31.53 | (31.57) | 100.42 | (34.41) | (2.93) | (61.22) | 48.09 | (69.37) | 12.59 | (70.96) | 79.69 | (28.36) | (21.26) | (57.23) | 86.30 | (60.06) | 6.96 | 10.04 | 132.59 | (11.54) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.12 | 0.11 | 0.15 | 0.27 | 0.15 | 0.16 | 0.17 | 0.20 | 0.09 | 0.10 | 0.07 |
| Pretax Income | 34.30 | (31.13) | 102.07 | (34.33) | (0.81) | (59.17) | 43.82 | (62.29) | 12.65 | (70.45) | 92.94 | (32.55) | (17.72) | (57.03) | 111.69 | (67.53) | (2.66) | 7.79 | 131.13 | (13.85) |
| Tax Provision | 4.45 | (2.24) | 8.27 | 3.53 | 2.57 | 10.98 | (6.42) | (9.19) | 8.94 | (0.74) | 11.99 | (1.31) | 5.85 | (26.38) | 36.50 | (3.46) | (2.07) | (0.77) | 7.65 | (5.11) |
| Net Income | 29.85 | (28.89) | 93.80 | (37.86) | (3.38) | (70.14) | 50.24 | (53.09) | 3.71 | (69.71) | 80.95 | (31.24) | (23.57) | (30.65) | 75.19 | (64.07) | (0.60) | 8.57 | 123.48 | (8.74) |
| Basic EPS | 0.25 | (0.24) | 0.78 | (0.31) | (0.03) | (0.58) | 0.41 | (0.43) | 0.03 | (0.56) | 0.65 | (0.25) | (0.18) | (0.24) | 0.59 | (0.51) | 0.00 | 0.07 | 0.97 | (0.12) |
| Diluted EPS | 0.25 | (0.24) | 0.75 | (0.30) | (0.03) | (0.58) | 0.40 | (0.42) | 0.03 | (0.56) | 0.64 | (0.23) | (0.18) | (0.24) | 0.57 | (0.44) | 0.00 | 0.06 | 0.87 | (0.12) |
Cash Flow Statement
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 |
|---|
| Operating Cash Flow | 46.23 | (65.37) | 163.31 | 2.92 | 37.44 | (59.67) | 156.17 | (37.73) | 63.48 | (111.24) | 275.40 | 22.20 | 8.89 | (112.96) | 182.29 | (103.92) | (6.72) | (97.56) | 179.93 | 6.49 |
| Capital Expenditures | 5.95 | 4.78 | 5.96 | -- | 4.76 | 5.56 | 13.11 | -- | 23.21 | 10.19 | 6.08 | 10.20 | 16.68 | 8.71 | 14.69 | 21.27 | 9.28 | 9.31 | 6.36 | -- |
| Free Cash Flow* | 40.29 | (70.15) | 157.35 | -- | 32.69 | (65.22) | 143.07 | -- | 40.27 | (121.43) | 269.32 | 11.99 | (7.79) | (121.68) | 167.60 | (125.19) | (16.00) | (106.87) | 173.58 | -- |
| Investing Cash Flow | (11.14) | (2.75) | (4.06) | (5.35) | (7.00) | (7.83) | (9.33) | (17.09) | (26.61) | (55.47) | (6.08) | (10.20) | (16.68) | (8.71) | (14.69) | (21.27) | (108.60) | (9.31) | (33.46) | (10.74) |
| Financing Cash Flow | (26.68) | (43.27) | (23.42) | (23.64) | (4.51) | (40.40) | (33.80) | (4.12) | (55.60) | (53.90) | (23.69) | (59.66) | (18.27) | (15.35) | (15.32) | (36.08) | (45.42) | (37.81) | (30.94) | (24.96) |
* Derived from reported values
