Sonim Technologies, Inc. (SONM) Stock

Sonim Technologies, Inc. (SONM) is a Technology stock trading at $4.42 (as of 2026-05-29), with a market capitalization of $5.12M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Sonim Technologies, Inc. designs rugged mobile devices, accessories, and related software for task workers, including Android-based rugged phones and accessory solutions such as charging, microphones, and hands-free voice communications. It sells products to wireless carriers in the U.S. and Canada and through distribution channels in North America, South America, and Europe, serving industries such as transportation and logistics, construction, manufacturing, facilities management, energy and utilities, and public sector organizations.

Understand Sonim Technologies, Inc.: how it makes money

Sonim Technologies sells ruggedized mobile phones and industrial accessories for task workers, and it makes money mainly from sales to wireless carriers in the United States, with additional revenue from cloud-based software and application services.

The company’s revenue and profitability are structurally driven by device and accessory sales into wireless carrier channels, with software and application services as a secondary, mix-shaping contributor.

Business quality (Weak): Sonim has a clear rugged hardware plus accessories offering, and it also offers cloud-based software services. The latest reported results show negative operating margin, which is a key risk to monitor.

Bull case

  • Product focus on rugged Android devices and worksite accessories: Sonim offers ruggedized mobile phones (for example, Sonim XP8, XP5s, XP3, and XP3plus) and industrial-grade accessories such as remote speaker microphones, multi-bay charging accessories, and in-vehicle hands-free voice communications solutions.
  • Adds software and services beyond hardware: In addition to mobile phones and accessories, Sonim provides cloud-based software and application services.

Bear case

  • Carrier channel concentration risk: The company sells its mobile phones and accessories primarily to wireless carriers in the United States.
  • Profitability pressure in the most recent quarter: For the period ending 2025-09-30, Sonim reported gross margin of 11.2% and operating margin of -24.5%.
Valuation — source: SEC EDGAR (first-party)
Price$4.42
Market Cap$5.12M
EV / EBITDA-3.9
Price / Book-4.16
Price / Sales0.09
FCF Yield-287.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$58.30M
Net Margin-57.7%
Return on Equity693.8%
Debt / Equity-1.74
Current Ratio0.57
Revenue Growth (YoY)7.9%
EPS Growth (YoY)828.8%
Valuation vs Sector & Industry
Sector P/E (Technology)33.9
Industry P/E (Electronic Equipment)39.4
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderC2C Wealth Management, LLC ($182825.00)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryElectronic Equipment
CEOMichael C. Mulica
Employees131
CountryUS
IPO Date2019-05-10

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SONM earnings history · SONM institutional & insider holders · SONM KPIs & operating metrics · SONM financials · SONM investor presentations & press releases · SONM SEC filings · SONM peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-05-29.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.