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Side-by-side financial comparison of PHIBRO ANIMAL HEALTH CORP (PAHC) and Sonos Inc (SONO). Click either name above to swap in a different company.

Sonos Inc is the larger business by last-quarter revenue ($545.7M vs $373.9M, roughly 1.5× PHIBRO ANIMAL HEALTH CORP). Sonos Inc runs the higher net margin — 17.2% vs 7.3%, a 9.8% gap on every dollar of revenue. On growth, PHIBRO ANIMAL HEALTH CORP posted the faster year-over-year revenue change (20.9% vs -0.9%). Sonos Inc produced more free cash flow last quarter ($157.3M vs $8.3M). Over the past eight quarters, Sonos Inc's revenue compounded faster (47.0% CAGR vs 19.2%).

Phibro Animal Health Corporation is an American animal health and mineral nutrition company. Its products include antibacterials, anticoccidials, anthelmintics, as well as animal nutrition and vaccines for livestock. The company operates through three segments Mineral Nutrition, Performance Materials, and Animal Health, from which most of its revenue is derived. The company operates in the United States, Latin America, Canada, Europe, Middle East, Africa, and Asia-Pacific. It is incorporated ...

Sonos, Inc. is an American audio equipment manufacturer headquartered in Santa Barbara, California. The company was founded in 2002 by John MacFarlane, Craig Shelburne, Tom Cullen, and Trung Mai.

PAHC vs SONO — Head-to-Head

Bigger by revenue
SONO
SONO
1.5× larger
SONO
$545.7M
$373.9M
PAHC
Growing faster (revenue YoY)
PAHC
PAHC
+21.8% gap
PAHC
20.9%
-0.9%
SONO
Higher net margin
SONO
SONO
9.8% more per $
SONO
17.2%
7.3%
PAHC
More free cash flow
SONO
SONO
$149.1M more FCF
SONO
$157.3M
$8.3M
PAHC
Faster 2-yr revenue CAGR
SONO
SONO
Annualised
SONO
47.0%
19.2%
PAHC

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
PAHC
PAHC
SONO
SONO
Revenue
$373.9M
$545.7M
Net Profit
$27.5M
$93.8M
Gross Margin
35.5%
46.5%
Operating Margin
13.5%
18.4%
Net Margin
7.3%
17.2%
Revenue YoY
20.9%
-0.9%
Net Profit YoY
762.1%
86.7%
EPS (diluted)
$0.67
$0.75

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PAHC
PAHC
SONO
SONO
Q4 25
$373.9M
$545.7M
Q3 25
$363.9M
$287.9M
Q2 25
$378.7M
$344.8M
Q1 25
$347.8M
$259.8M
Q4 24
$309.3M
$550.9M
Q3 24
$260.4M
$255.4M
Q2 24
$273.2M
$397.1M
Q1 24
$263.2M
$252.7M
Net Profit
PAHC
PAHC
SONO
SONO
Q4 25
$27.5M
$93.8M
Q3 25
$26.5M
$-37.9M
Q2 25
$17.2M
$-3.4M
Q1 25
$20.9M
$-70.1M
Q4 24
$3.2M
$50.2M
Q3 24
$7.0M
$-53.1M
Q2 24
$752.0K
$3.7M
Q1 24
$8.4M
$-69.7M
Gross Margin
PAHC
PAHC
SONO
SONO
Q4 25
35.5%
46.5%
Q3 25
32.9%
43.7%
Q2 25
29.0%
43.4%
Q1 25
30.1%
43.7%
Q4 24
32.9%
43.8%
Q3 24
32.1%
40.3%
Q2 24
31.9%
48.3%
Q1 24
30.2%
44.3%
Operating Margin
PAHC
PAHC
SONO
SONO
Q4 25
13.5%
18.4%
Q3 25
14.1%
-12.0%
Q2 25
8.9%
-0.8%
Q1 25
9.6%
-23.6%
Q4 24
8.3%
8.7%
Q3 24
6.8%
-27.2%
Q2 24
6.7%
3.2%
Q1 24
7.6%
-28.1%
Net Margin
PAHC
PAHC
SONO
SONO
Q4 25
7.3%
17.2%
Q3 25
7.3%
-13.1%
Q2 25
4.5%
-1.0%
Q1 25
6.0%
-27.0%
Q4 24
1.0%
9.1%
Q3 24
2.7%
-20.8%
Q2 24
0.3%
0.9%
Q1 24
3.2%
-27.6%
EPS (diluted)
PAHC
PAHC
SONO
SONO
Q4 25
$0.67
$0.75
Q3 25
$0.65
$-0.30
Q2 25
$0.43
$-0.03
Q1 25
$0.51
$-0.58
Q4 24
$0.08
$0.40
Q3 24
$0.17
$-0.42
Q2 24
$0.02
$0.03
Q1 24
$0.21
$-0.56

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PAHC
PAHC
SONO
SONO
Cash + ST InvestmentsLiquidity on hand
$74.5M
$312.5M
Total DebtLower is stronger
$624.2M
Stockholders' EquityBook value
$332.4M
$443.3M
Total Assets
$1.4B
$947.9M
Debt / EquityLower = less leverage
1.88×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PAHC
PAHC
SONO
SONO
Q4 25
$74.5M
$312.5M
Q3 25
$85.3M
$174.7M
Q2 25
$77.0M
$201.3M
Q1 25
$70.4M
$173.2M
Q4 24
$67.1M
$280.0M
Q3 24
$89.8M
$169.7M
Q2 24
$114.6M
$227.1M
Q1 24
$98.7M
$246.0M
Total Debt
PAHC
PAHC
SONO
SONO
Q4 25
$624.2M
Q3 25
$628.0M
Q2 25
$631.7M
Q1 25
$635.4M
Q4 24
$639.1M
Q3 24
$295.2M
Q2 24
$312.1M
Q1 24
Stockholders' Equity
PAHC
PAHC
SONO
SONO
Q4 25
$332.4M
$443.3M
Q3 25
$311.7M
$355.2M
Q2 25
$285.7M
$399.3M
Q1 25
$266.0M
$382.9M
Q4 24
$246.8M
$469.1M
Q3 24
$258.5M
$428.6M
Q2 24
$256.6M
$464.4M
Q1 24
$270.1M
$494.0M
Total Assets
PAHC
PAHC
SONO
SONO
Q4 25
$1.4B
$947.9M
Q3 25
$1.4B
$823.3M
Q2 25
$1.4B
$834.4M
Q1 25
$1.3B
$792.2M
Q4 24
$1.3B
$963.6M
Q3 24
$966.3M
$916.3M
Q2 24
$982.2M
$961.1M
Q1 24
$979.0M
$925.6M
Debt / Equity
PAHC
PAHC
SONO
SONO
Q4 25
1.88×
Q3 25
2.01×
Q2 25
2.21×
Q1 25
2.39×
Q4 24
2.59×
Q3 24
1.14×
Q2 24
1.22×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PAHC
PAHC
SONO
SONO
Operating Cash FlowLast quarter
$19.4M
$163.3M
Free Cash FlowOCF − Capex
$8.3M
$157.3M
FCF MarginFCF / Revenue
2.2%
28.8%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
0.70×
1.74×
TTM Free Cash FlowTrailing 4 quarters
$47.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PAHC
PAHC
SONO
SONO
Q4 25
$19.4M
$163.3M
Q3 25
$9.3M
$2.9M
Q2 25
$21.3M
$37.4M
Q1 25
$43.2M
$-59.7M
Q4 24
$3.1M
$156.2M
Q3 24
$12.6M
$-37.7M
Q2 24
$28.4M
$63.5M
Q1 24
$11.4M
$-111.2M
Free Cash Flow
PAHC
PAHC
SONO
SONO
Q4 25
$8.3M
$157.3M
Q3 25
$-4.5M
Q2 25
$8.1M
$32.7M
Q1 25
$35.4M
$-65.2M
Q4 24
$-4.7M
$143.1M
Q3 24
$3.0M
Q2 24
$15.4M
$40.3M
Q1 24
$1.7M
$-121.4M
FCF Margin
PAHC
PAHC
SONO
SONO
Q4 25
2.2%
28.8%
Q3 25
-1.2%
Q2 25
2.1%
9.5%
Q1 25
10.2%
-25.1%
Q4 24
-1.5%
26.0%
Q3 24
1.2%
Q2 24
5.6%
10.1%
Q1 24
0.6%
-48.1%
Capex Intensity
PAHC
PAHC
SONO
SONO
Q4 25
3.0%
Q3 25
3.8%
Q2 25
3.5%
1.4%
Q1 25
2.2%
2.1%
Q4 24
2.5%
2.4%
Q3 24
3.7%
Q2 24
4.8%
5.8%
Q1 24
3.7%
4.0%
Cash Conversion
PAHC
PAHC
SONO
SONO
Q4 25
0.70×
1.74×
Q3 25
0.35×
Q2 25
1.24×
Q1 25
2.07×
Q4 24
0.97×
3.11×
Q3 24
1.81×
Q2 24
37.80×
17.12×
Q1 24
1.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PAHC
PAHC

Medicated Feed Additives And Others$202.1M54%
Mineral Nutrition$68.9M18%
Nutritional Specialties$50.2M13%
Vaccines$37.6M10%
Performance Products$15.0M4%

SONO
SONO

Sonos speakers$459.2M84%
Sonos system products$65.1M12%
Partner products and other revenue$21.4M4%

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