SONDER HOLDINGS INC A (SONDQ) Financials
Newest figures come from the 10-Q for Q2 FY2025, filed Oct 14, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SONDQ SEC filings page.
SONDER HOLDINGS INC A (SONDQ) reported $589.1M in revenue over the twelve months to Jun 30, 2025, down 5.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue scaling and gross-margin expansion are outpacing the company's ability to absorb operating costs and fund losses.
FY2024's-$224M net loss was accompanied by-$129M operating cash flow, so accounting losses still closely translated into cash demands. With free cash flow at-$132M against capital expenditures of$3M , operating losses—not heavy reinvestment—were the main cash drain.
Gross margin expanded from
A FY2024 current ratio of 0.3 and negative equity of
Financial Health Signals
SONDER HOLDINGS INC A does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
SONDER HOLDINGS INC A passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
SONDER HOLDINGS INC A reported a net loss of $224.1M while operations used $129.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.
SONDER HOLDINGS INC A reported an operating loss of $182.6M against $34.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
SONDER HOLDINGS INC A generated $147.1M in revenue in Q2 2025. This represents a decrease of 10.6% from the same quarter a year earlier. Against the prior quarter it is up 23.8%.
SONDER HOLDINGS INC A's EBITDA was -$4.9M in Q2 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 81.7% from the same quarter a year earlier. Against the prior quarter it is up 92.0%.
SONDER HOLDINGS INC A reported -$44.5M in net income in Q2 2025. This represents a decrease of 236.0% from the same quarter a year earlier. Against the prior quarter it is up 21.2%.
SONDER HOLDINGS INC A earned -$3.96 per diluted share (EPS) in Q2 2025. This represents a decrease of 234.7% from the same quarter a year earlier. Against the prior quarter it is up 18.4%.
Cash & Balance Sheet
SONDER HOLDINGS INC A recorded an outflow of $21.1M in free cash flow in Q2 2025, representing a cash shortfall after capex. This represents an increase of 38.6% from the same quarter a year earlier. Against the prior quarter it is down 277.8%.
SONDER HOLDINGS INC A held $27.1M in cash against $217.9M in long-term debt as of Q2 2025.
Not reported for Q2 2025.
Margins & Returns
SONDER HOLDINGS INC A's gross margin was 45.0% in Q2 2025, indicating the percentage of revenue retained after direct costs. This is up 2.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 26.4 percentage points.
SONDER HOLDINGS INC A's operating margin was -4.7% in Q2 2025, reflecting core business profitability. This is up 14.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 48.9 percentage points.
SONDER HOLDINGS INC A's net profit margin was -30.3% in Q2 2025, showing the share of revenue converted to profit. This is down 50.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 17.3 percentage points.
Not reported for Q2 2025.
Capital Allocation
SONDER HOLDINGS INC A invested $3.9M in research and development in Q2 2025. This represents a decrease of 12.1% from the same quarter a year earlier. Against the prior quarter it is down 1.9%.
SONDER HOLDINGS INC A invested $1.4M in capex in Q2 2025, funding long-term assets and infrastructure. This represents a decrease of 3.5% from the same quarter a year earlier. Against the prior quarter it is up 17.6%.
Not reported for Q2 2025.
SONDQ Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $147.1M-10.6% | $118.9M-11.0% | $161.1M-1.9% | $162.1M+0.8% | $164.6M+4.6% | $133.5M+11.7% | $164.3M+21.4% | $160.9M+27.1% |
| Cost of Revenue | $81.0M-14.4% | $96.8M-3.5% | $89.2M-13.3% | $93.0M-10.0% | $94.7M-0.1% | $100.4M+9.3% | $103.0M+26.0% | $103.4M+24.3% |
| Gross Profit | $66.1M-5.5% | $22.0M-33.5% | $71.8M+17.2% | $69.1M+20.2% | $69.9M+11.7% | $33.1M+19.6% | $61.3M+14.5% | $57.5M+32.5% |
| R&D Expenses | $3.9M-12.1% | $3.9M-15.7% | $3.0M-40.3% | $4.4M-17.2% | $4.4M-21.0% | $4.7M-26.8% | $5.1M-14.9% | $5.3M-23.0% |
| SG&A Expenses | $6.7M-77.0% | $26.8M+10.4% | $40.1M+109.5% | $29.7M-2.7% | $29.3M-2.2% | $24.3M-25.2% | $19.1M-43.6% | $30.5M-2.2% |
| Operating Income | -$6.9M+78.3% | -$63.6M+5.9% | -$49.3M+52.2% | -$33.9M+33.3% | -$31.7M+23.8% | -$67.7M+18.0% | -$103.1M+23.7% | -$50.8M+16.9% |
| EBITDA | -$4.9M+81.7% | -$61.0M+2.6% | -$45.7M+54.3% | -$30.5M+32.1% | -$26.7M+25.0% | -$62.7M+16.9% | -$99.9M+22.6% | -$45.0M+18.3% |
| Interest Expense | $1.6M-79.4% | $9.4M+29.0% | $9.6M+35.0% | $9.3M+44.1% | $8.0M+30.2% | $7.3M+28.3% | $7.1M+48.1% | $6.4M+56.2% |
| Income Tax | -$180K-175.9% | $717K+283.4% | -$2.6M-148.3% | $202K+169.3% | $237K+6025.0% | $187K+233.9% | -$1.1M-1927.6% | $75K-82.0% |
| Net Income | -$44.5M-236.0% | -$56.5M-11.9% | -$27.0M+75.9% | -$179.4M-211.3% | $32.7M+174.1% | -$50.5M+38.3% | -$112.0M+14.1% | -$57.6M+21.2% |
| EPS (Basic) | -$3.96-234.7% | -$4.85-5.9% | -$0.84+91.8% | -$17.82-238.8% | $2.94+172.6% | -$4.58+38.7% | -$10.20+18.2% | -$5.26+22.4% |
| EPS (Diluted) | -$3.96-234.7% | -$4.85-5.9% | -$0.84 | -$17.82-238.8% | $2.94 | -$4.58+38.7% | -$10.20+18.2% | -$5.26 |
| Diluted Shares (Avg) | 14M+21.1% | 12M+10.4% | N/A | 12M+5.1% | 11M | 11M+0.7% | N/A | 11M |
SONDQ Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.0B-17.0% | $1.0B-23.3% | $1.1B-25.2% | $1.2B-26.7% | $1.2B-22.7% | $1.3B-8.3% | $1.5B+1.5% | $1.7B+1.8% |
| Current Assets | $97.2M+1.3% | $88.5M-26.1% | $99.8M-38.1% | $106.1M-54.7% | $95.9M-62.3% | $119.7M-55.9% | $161.2M-48.6% | $234.2M-31.7% |
| Cash & Equivalents | $27.1M+54.7% | $23.3M-42.8% | $20.8M-78.3% | $27.0M-83.8% | $17.5M-90.1% | $40.8M-81.3% | $95.8M-61.2% | $166.0M-47.7% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $12.0M+25.5% | $8.5M+5.0% | $13.9M+74.0% | $10.2M+8.8% | $9.6M-32.7% | $8.1M+13.4% | $8.0M+23.8% | $9.4M+46.4% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.7B+7.7% | $1.5B-13.8% | $1.6B-17.1% | $1.8B-8.9% | $1.6B-10.3% | $1.8B+7.7% | $1.9B+18.6% | $1.9B+19.9% |
| Current Liabilities | $388.2M+17.3% | $384.5M+10.2% | $338.5M-33.1% | $473.3M+46.5% | $330.8M+7.7% | $348.8M+20.5% | $506.2M+94.4% | $323.2M+29.2% |
| Non-Current Liabilities | $1.3B+5.1% | $1.1B-19.8% | $1.2B-11.3% | $1.3B-20.1% | $1.3B-14.0% | $1.4B+5.0% | $1.4B+3.9% | $1.6B+18.2% |
| Long-Term Debt | $217.9M+13.7% | $226.2M+28.4% | $217.2M | $209.9M+6.8% | $191.7M+2.6% | $176.1M-2.0% | N/A | $196.4M+17.8% |
| Total Equity | -$715.4M-84.7% | -$656.7M-54.6% | -$598.8M-59.0% | -$596.5M-125.6% | -$387.4M-79.9% | -$424.8M-141.4% | -$376.7M-271.2% | -$264.4M-1092.8% |
| Retained Earnings | -$1.7B-22.3% | -$1.6B-16.3% | -$1.6B-16.5% | -$1.6B-24.8% | -$1.4B-15.8% | -$1.4B-23.1% | -$1.4B-27.8% | -$1.2B-33.7% |
Not reported in any period shown, so not listed: Inventory, Goodwill.
SONDQ Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$19.6M+40.1% | -$4.4M+89.2% | -$38.8M-1.1% | -$17.4M-33.7% | -$32.8M-35.4% | -$40.3M-14.1% | -$38.4M-42.6% | -$13.0M+59.5% |
| Depreciation & Amortization | $2.0M-60.0% | $2.6M-47.9% | $3.6M+12.3% | $3.4M-42.5% | $5.0M-16.5% | $5.0M-29.4% | $3.2M-47.0% | $5.9M-4.7% |
| Stock-Based Compensation | -$1.5M-182.4% | $2.3M-24.6% | N/A | $1.6M-67.2% | $1.8M-78.5% | $3.0M-72.1% | N/A | $4.9M-23.1% |
| Capital Expenditures | $1.4M-3.5% | $1.2M+101.2% | $1.2M+81.7% | -$224K-91.6% | $1.5M-37.1% | $606K-90.4% | -$682K-70.4% | $2.7M-66.2% |
| Free Cash Flow | -$21.1M+38.6% | -$5.6M+86.4% | -$40.0M-2.5% | -$17.6M-12.4% | -$34.3M-29.0% | -$40.9M+1.7% | -$39.0M-33.7% | -$15.6M+60.8% |
| Investing Cash Flow | $6.3M+519.0% | -$959K-33.9% | $7.8M+10473.0% | $114K+103.7% | -$1.5M+40.3% | -$716K+89.5% | $74K+102.9% | -$3.1M+62.1% |
| Financing Cash Flow | $17.7M+93.4% | -$250K0.0% | $27.6M+178.8% | $23.4M+749.8% | $9.2M | -$250K-3225.0% | -$35.0M-79622.7% | $2.8M+978.4% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
SONDQ Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.0%+2.5pp | 18.5%-6.3pp | 44.6%+7.3pp | 42.6%+6.9pp | 42.5%+2.7pp | 24.8%+1.6pp | 37.3%-2.3pp | 35.8%+1.5pp |
| Operating Margin | -4.7%+14.6pp | -53.5%-2.8pp | -30.6%+32.2pp | -20.9%+10.7pp | -19.3%+7.2pp | -50.7%+18.3pp | -62.8%+37.1pp | -31.6%+16.7pp |
| Net Margin | -30.3%-50.2pp | -47.5%-9.7pp | -16.7%+51.4pp | -110.7% | 19.9%+48.0pp | -37.8%+30.7pp | -68.2%+28.2pp | -35.8%+21.9pp |
| Return on Assets | -4.4%-7.1pp | -5.5%-1.7pp | -2.4%+5.0pp | -14.7%-11.3pp | 2.7%+5.5pp | -3.8%+1.8pp | -7.4%+1.3pp | -3.5%+1.0pp |
| Current Ratio | 0.250.0x | 0.23-0.1x | 0.290.0x | 0.22-0.5x | 0.29-0.5x | 0.34-0.6x | 0.32-0.9x | 0.72-0.6x |
| Asset Turnover | 0.150.0x | 0.120.0x | 0.140.0x | 0.130.0x | 0.140.0x | 0.100.0x | 0.110.0x | 0.100.0x |
| FCF Margin | -14.3%+6.5pp | -4.7%+26.0pp | -24.8%-1.1pp | -10.8%-1.1pp | -20.8%-3.9pp | -30.6%+4.2pp | -23.8%-2.2pp | -9.7%+21.8pp |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Note: Shareholder equity is negative (-$598.8M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.29), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where SONDER HOLDINGS INC A Ranks
Frequently Asked Questions
What is SONDER HOLDINGS INC A's annual revenue?
SONDER HOLDINGS INC A (SONDQ) reported $621.3M in total revenue for fiscal year 2024. This represents a 3.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is SONDER HOLDINGS INC A's revenue growing?
SONDER HOLDINGS INC A (SONDQ) revenue grew by 3.2% year-over-year, from $602.1M to $621.3M in fiscal year 2024.
Is SONDER HOLDINGS INC A profitable?
No, SONDER HOLDINGS INC A (SONDQ) reported a net income of -$224.1M in fiscal year 2024, with a net profit margin of -36.1%.
What is SONDER HOLDINGS INC A's EBITDA?
SONDER HOLDINGS INC A (SONDQ) had EBITDA of -$165.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does SONDER HOLDINGS INC A have?
As of fiscal year 2024, SONDER HOLDINGS INC A (SONDQ) had $20.8M in cash and equivalents against $217.2M in long-term debt.
What is SONDER HOLDINGS INC A's gross margin?
SONDER HOLDINGS INC A (SONDQ) had a gross margin of 39.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is SONDER HOLDINGS INC A's operating margin?
SONDER HOLDINGS INC A (SONDQ) had an operating margin of -29.4% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is SONDER HOLDINGS INC A's net profit margin?
SONDER HOLDINGS INC A (SONDQ) had a net profit margin of -36.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is SONDER HOLDINGS INC A's free cash flow?
SONDER HOLDINGS INC A (SONDQ) recorded an outflow of $132.3M in free cash flow during fiscal year 2024. This represents a -8.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is SONDER HOLDINGS INC A's operating cash flow?
SONDER HOLDINGS INC A (SONDQ) recorded an outflow of $129.2M in operating cash flow during fiscal year 2024, representing cash used by core business activities.
What are SONDER HOLDINGS INC A's total assets?
SONDER HOLDINGS INC A (SONDQ) had $1.1B in total assets as of fiscal year 2024, including both current and long-term assets.
What are SONDER HOLDINGS INC A's capital expenditures?
SONDER HOLDINGS INC A (SONDQ) invested $3.1M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does SONDER HOLDINGS INC A spend on research and development?
SONDER HOLDINGS INC A (SONDQ) invested $16.5M in research and development during fiscal year 2024.
What is SONDER HOLDINGS INC A's current ratio?
SONDER HOLDINGS INC A (SONDQ) had a current ratio of 0.29 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is SONDER HOLDINGS INC A's return on assets (ROA)?
SONDER HOLDINGS INC A (SONDQ) had a return on assets of -19.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
Why is SONDER HOLDINGS INC A's debt-to-equity ratio negative or not reported?
SONDER HOLDINGS INC A (SONDQ) has negative shareholder equity of -$598.8M as of fiscal year 2024, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is SONDER HOLDINGS INC A's Piotroski F-Score?
SONDER HOLDINGS INC A (SONDQ) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are SONDER HOLDINGS INC A's earnings high quality?
SONDER HOLDINGS INC A (SONDQ) reported a net loss of $224.1M while operations used $129.2M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can SONDER HOLDINGS INC A cover its interest payments?
SONDER HOLDINGS INC A (SONDQ) reported an operating loss of $182.6M against $34.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.