Sonim Technologies, Inc. (SONM) Revenue History
Annual and quarterly revenue from 2017 to 2024
Compound Annual Growth Rate (CAGR)
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SONM Revenue Growth
Revenue Breakdown (FY 2024)
SONM's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
SONM Revenue Analysis (2017–2024)
As of May 8, 2026, Sonim Technologies, Inc. (SONM) generated trailing twelve-month (TTM) revenue of $59.1 million, reflecting solid growth of +7.9% year-over-year. The most recent quarter (Q3 2025) recorded $16.2 million in revenue, up 44.9% sequentially.
Looking at the longer-term picture, SONM's 5-year compound annual growth rate (CAGR) stands at -12.9%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $135.7 million in 2018.
Revenue diversification analysis shows SONM's business is primarily driven by Smartphones (52%), Feature Phones (40%), and Connected Solutions (7%). With over half of revenue concentrated in Smartphones, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including LIQT (+11.0% YoY), KOSS (+4.1% YoY), and NTGR (+2.8% YoY), SONM has underperformed the peer group in terms of revenue growth. Compare SONM vs LIQT →
SONM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SONMCurrent | $59M | +7.9% | -12.9% | -57.7% | |
 LIQT | $17M | +11.0% | -6.0% | -50.3% | |
 KOSS | $13M | +4.1% | -7.2% | -13.8% | |
 NTGR | $693M | +2.8% | -11.2% | -5.1% | |
 SMSI | $17M | -12.5% | -19.5% | -110.8% | |
 GSAT | $250M | +8.5% | +13.7% | -0.4% |
SONM Historical Revenue Data (2017–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $58.3M | -37.7% | $9.9M | 17.0% | $-33,639,000 | -57.7% |
| 2023 | $93.6M | +34.1% | $19.3M | 20.6% | $513K | 0.5% |
| 2022 | $69.8M | +28.0% | $11.6M | 16.6% | $-14,290,000 | -20.5% |
| 2021 | $54.6M | -14.7% | $6.4M | 11.8% | $-38,001,000 | -69.6% |
| 2020 | $64.0M | -45.0% | $15.2M | 23.8% | $-29,260,000 | -45.7% |
| 2019 | $116.3M | -14.3% | $34.5M | 29.7% | $-22,381,000 | -19.3% |
| 2018 | $135.7M | +129.8% | $48.1M | 35.4% | $5.4M | 4.0% |
| 2017 | $59.0M | - | $20.3M | 34.4% | $-6,770,000 | -11.5% |
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Start ComparisonSONM — Frequently Asked Questions
Quick answers to the most common questions about buying SONM stock.
Is SONM's revenue growth accelerating or slowing?
SONM maintains +7.9% revenue growth, in line with its 5-year CAGR of -12.9%. TTM revenue stands at $59M. Growth rate remains consistent with historical average.
What is SONM's long-term revenue growth rate?
Sonim Technologies, Inc.'s 5-year revenue CAGR of -12.9% reflects the sustained expansion pattern. Current YoY growth of +7.9% is near this long-term average.
How is SONM's revenue distributed by segment?
SONM reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2024 are available for download. Segment mix reveals concentration and diversification trends.