Sonder Holdings (MEX:SOND) Operating Income: MXN-2,648 Mil (TTM As of Jun. 2025)

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What is Sonder Holdings Operating Income?

Sonder Holdings MEX:SOND Operating Income is MXN-2,648 Mil as of Jun. 2025.

Sonder Holdings's Operating Income for the three months ended in Jun. 2025 was MXN-4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2025 was MXN-2,648 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sonder Holdings's Operating Income for the three months ended in Jun. 2025 was MXN-4 Mil. Sonder Holdings's Revenue for the three months ended in Jun. 2025 was MXN2,769 Mil. Therefore, Sonder Holdings's Operating Margin % for the quarter that ended in Jun. 2025 was -0.13%.

Sonder Holdings's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sonder Holdings's annualized ROC % for the quarter that ended in Jun. 2025 was -0.06%. Sonder Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was -18.21%.

Sonder Holdings  (MEX:SOND) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Sonder Holdings's annualized ROC % for the quarter that ended in Jun. 2025 is calculated as:

ROC % (Q: Jun. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Jun. 2025 ))/ count )
=-14.764 * ( 1 - 0.4% )/( (25063.729 + 22467.34)/ 2 )
=-14.704944/23765.5345
=-0.06 %

where

Invested Capital(Q: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=21127.776 - 2121.045 - ( 477.269 - max(0, 7867.078 - 1810.08+477.269))
=25063.729

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=18919.712 - 1931.462 - ( 510.836 - max(0, 7308.592 - 1829.502+510.836))
=22467.34

Note: The Operating Income data used here is four times the quarterly (Jun. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Sonder Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Jun. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3242.764/( ( (18926.085 + max(-3220.734, 0)) + (16692.575 + max(-3107.27, 0)) )/ 2 )
=-3242.764/( ( 18926.085 + 16692.575 )/ 2 )
=-3242.764/17809.33
=-18.21 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(174.427 + 0 + 999.117) - (2121.045 + 2067.669 + 205.564)
=-3220.734

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(226.007 + 0 + 899.584) - (1931.462 + 1810.428 + 490.971)
=-3107.27

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Sonder Holdings's Operating Margin % for the quarter that ended in Jun. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2025 )/Revenue (Q: Jun. 2025 )
=-3.691/2769.493
=-0.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Sonder Holdings Operating Income Related Terms

Sonder Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for Sonder Holdings's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sonder Holdings Operating Income Chart

Sonder Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial -4,850.11 -5,323.65 -5,455.29 -3,679.30 -3,430.22

Sonder Holdings Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -580.73 -642.28 -731.76 -1,270.50 -3.69

Sonder Holdings Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-2,648 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of MXN-2,648 Mil mean?
Sonder Holdings (MEX:SOND) has a Operating Income of MXN-2,648 Mil as of Jun. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sonder Holdings and its competitors.
Is Sonder Holdings' Operating Income too high?
Sonder Holdings' current Operating Income is MXN-2,648 Mil.
How does Sonder Holdings' Operating Income compare to MAR and HLT?
Sonder Holdings' Operating Income of MXN-2,648 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Travel & Leisure company?
A good Operating Income depends on the Travel & Leisure industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sonder Holdings and its competitors. Sonder Holdings's current Operating Income is MXN-2,648 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonder Holdings stock overvalued right now?
Sonder Holdings (MEX:SOND) has a current Operating Income of MXN-2,648 Mil. The current Operating Income is MXN-2,648 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Sonder Holdings (MEX:SOND), the current Operating Income is MXN-2,648 Mil as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sonder Holdings Business Description

Other Exchanges SONDQ:USA
Address 447 Sutter Street, No. 542, Suite 405, San Francisco, CA, USA, 94108
Sonder Holdings Inc is engaged in providing short and long-term accommodations to travelers in various cities across North America, Europe, and the Middle East. The Sonder units in each apartment-style building and each hotel property are selected, designed, and managed directly by the Company. The Company generates revenues by providing short-term or month-to-month accommodations to its guests. The Company also provides accommodations to travelers through boutique hotels.