Sound Group Inc. income statement
In fiscal 2025, Sound Group Inc. reported revenue of $432m, up 52.9% on the year before, operating income of $30.2m (a 7.0% margin) and net income of $31.5m, or $6.68 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 67 | 121 | 171 | 218 | 329 | 325 | 293 | 282 | 432 |
| Cost of revenue | 49 | 86 | 132 | 164 | 233 | 219 | 210 | 205 | 306 |
| Gross profit | 18 | 35 | 39 | 53 | 96 | 107 | 83 | 77 | 126 |
| Research and development | 6 | 13 | 23 | 33 | 41 | 42 | 43 | 32 | 33 |
| Selling and marketing | 31 | 20 | 30 | 21 | 60 | 39 | 34 | 43 | 48 |
| General and administrative | 3 | 4 | 7 | 13 | 16 | 16 | 27 | 15 | 14 |
| Operating income | −22 | −2 | −21 | −13 | −21 | 10 | −21 | −12 | 30 |
| Interest expense | 0 | — | — | 0 | 0 | 0 | 0 | 0 | — |
| Net interest income | — | — | — | −0 | — | −0 | −0 | −0 | −0 |
| Provision for credit losses | — | — | — | — | — | — | −0 | — | −0 |
| Income before tax | −23 | −1 | −19 | −12 | −20 | 13 | −19 | −11 | 31 |
| Income tax | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −23 | −1 | −19 | −12 | −20 | 13 | −19 | −11 | 32 |
| Diluted EPS | — | — | — | — | −$4.03 | $2.38 | −$3.39 | — | $6.68 |
| Diluted shares (average) | 1m | 1m | 1m | 4m | 5m | 5m | 5m | 5m | 5m |
| EBITDA | −22 | −1 | −19 | −10 | −18 | 13 | −19 | −11 | 31 |
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