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Side-by-side financial comparison of SM Energy Co (SM) and Sonos Inc (SONO). Click either name above to swap in a different company.

SM Energy Co is the larger business by last-quarter revenue ($704.9M vs $545.7M, roughly 1.3× Sonos Inc). On growth, Sonos Inc posted the faster year-over-year revenue change (-0.9% vs -17.3%). Over the past eight quarters, Sonos Inc's revenue compounded faster (47.0% CAGR vs 12.2%).

SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.

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.

SM vs SONO — Head-to-Head

Bigger by revenue
SM
SM
1.3× larger
SM
$704.9M
$545.7M
SONO
Growing faster (revenue YoY)
SONO
SONO
+16.3% gap
SONO
-0.9%
-17.3%
SM
Faster 2-yr revenue CAGR
SONO
SONO
Annualised
SONO
47.0%
12.2%
SM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SM
SM
SONO
SONO
Revenue
$704.9M
$545.7M
Net Profit
$93.8M
Gross Margin
46.5%
Operating Margin
25.9%
18.4%
Net Margin
17.2%
Revenue YoY
-17.3%
-0.9%
Net Profit YoY
86.7%
EPS (diluted)
$0.94
$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
SM
SM
SONO
SONO
Q4 25
$704.9M
$545.7M
Q3 25
$811.6M
$287.9M
Q2 25
$792.9M
$344.8M
Q1 25
$844.5M
$259.8M
Q4 24
$852.0M
$550.9M
Q3 24
$643.6M
$255.4M
Q2 24
$634.6M
$397.1M
Q1 24
$559.9M
$252.7M
Net Profit
SM
SM
SONO
SONO
Q4 25
$93.8M
Q3 25
$155.1M
$-37.9M
Q2 25
$201.7M
$-3.4M
Q1 25
$182.3M
$-70.1M
Q4 24
$50.2M
Q3 24
$240.5M
$-53.1M
Q2 24
$210.3M
$3.7M
Q1 24
$131.2M
$-69.7M
Gross Margin
SM
SM
SONO
SONO
Q4 25
46.5%
Q3 25
43.7%
Q2 25
43.4%
Q1 25
43.7%
Q4 24
43.8%
Q3 24
40.3%
Q2 24
48.3%
Q1 24
44.3%
Operating Margin
SM
SM
SONO
SONO
Q4 25
25.9%
18.4%
Q3 25
30.4%
-12.0%
Q2 25
37.2%
-0.8%
Q1 25
32.7%
-23.6%
Q4 24
33.7%
8.7%
Q3 24
51.4%
-27.2%
Q2 24
44.0%
3.2%
Q1 24
31.9%
-28.1%
Net Margin
SM
SM
SONO
SONO
Q4 25
17.2%
Q3 25
19.1%
-13.1%
Q2 25
25.4%
-1.0%
Q1 25
21.6%
-27.0%
Q4 24
9.1%
Q3 24
37.4%
-20.8%
Q2 24
33.1%
0.9%
Q1 24
23.4%
-27.6%
EPS (diluted)
SM
SM
SONO
SONO
Q4 25
$0.94
$0.75
Q3 25
$1.35
$-0.30
Q2 25
$1.76
$-0.03
Q1 25
$1.59
$-0.58
Q4 24
$1.63
$0.40
Q3 24
$2.09
$-0.42
Q2 24
$1.82
$0.03
Q1 24
$1.13
$-0.56

Balance Sheet & Financial Strength

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

Metric
SM
SM
SONO
SONO
Cash + ST InvestmentsLiquidity on hand
$368.0M
$312.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.8B
$443.3M
Total Assets
$9.3B
$947.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SM
SM
SONO
SONO
Q4 25
$368.0M
$312.5M
Q3 25
$162.3M
$174.7M
Q2 25
$101.9M
$201.3M
Q1 25
$54.0K
$173.2M
Q4 24
$280.0M
Q3 24
$1.7B
$169.7M
Q2 24
$487.9M
$227.1M
Q1 24
$506.3M
$246.0M
Stockholders' Equity
SM
SM
SONO
SONO
Q4 25
$4.8B
$443.3M
Q3 25
$4.7B
$355.2M
Q2 25
$4.6B
$399.3M
Q1 25
$4.4B
$382.9M
Q4 24
$4.2B
$469.1M
Q3 24
$4.1B
$428.6M
Q2 24
$3.8B
$464.4M
Q1 24
$3.7B
$494.0M
Total Assets
SM
SM
SONO
SONO
Q4 25
$9.3B
$947.9M
Q3 25
$9.1B
$823.3M
Q2 25
$9.0B
$834.4M
Q1 25
$8.8B
$792.2M
Q4 24
$8.6B
$963.6M
Q3 24
$8.0B
$916.3M
Q2 24
$6.7B
$961.1M
Q1 24
$6.4B
$925.6M

Cash Flow & Capital Efficiency

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

Metric
SM
SM
SONO
SONO
Operating Cash FlowLast quarter
$451.9M
$163.3M
Free Cash FlowOCF − Capex
$157.3M
FCF MarginFCF / Revenue
28.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.74×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SM
SM
SONO
SONO
Q4 25
$451.9M
$163.3M
Q3 25
$505.0M
$2.9M
Q2 25
$571.1M
$37.4M
Q1 25
$483.0M
$-59.7M
Q4 24
$578.4M
$156.2M
Q3 24
$452.3M
$-37.7M
Q2 24
$476.4M
$63.5M
Q1 24
$276.0M
$-111.2M
Free Cash Flow
SM
SM
SONO
SONO
Q4 25
$157.3M
Q3 25
Q2 25
$32.7M
Q1 25
$-65.2M
Q4 24
$143.1M
Q3 24
Q2 24
$40.3M
Q1 24
$-121.4M
FCF Margin
SM
SM
SONO
SONO
Q4 25
28.8%
Q3 25
Q2 25
9.5%
Q1 25
-25.1%
Q4 24
26.0%
Q3 24
Q2 24
10.1%
Q1 24
-48.1%
Capex Intensity
SM
SM
SONO
SONO
Q4 25
Q3 25
Q2 25
1.4%
Q1 25
2.1%
Q4 24
2.4%
Q3 24
Q2 24
5.8%
Q1 24
4.0%
Cash Conversion
SM
SM
SONO
SONO
Q4 25
1.74×
Q3 25
3.26×
Q2 25
2.83×
Q1 25
2.65×
Q4 24
3.11×
Q3 24
1.88×
Q2 24
2.27×
17.12×
Q1 24
2.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SM
SM

Segment breakdown not available.

SONO
SONO

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

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