I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q2, the actual value is USD 147.09 M.
EPS: As of FY2025 Q2, the actual value is USD -3.96.
EBIT: As of FY2025 Q2, the actual value is USD -5.232 M.
Second Quarter 2025 Financial Highlights
- RevPAR: $184, a 13% increase year-over-year.
- Occupancy Rate: 86%, a six percentage point increase year-over-year.
- Bookable Nights: 798,000, a 21% decrease year-over-year, driven by the Company’s Portfolio Optimization Program.
- Revenue: $147.1 million, an 11% decrease year-over-year.
- Net Loss: $44.5 million, a 236% decrease year-over-year.
- Adjusted EBITDA: - $2.6 million, an 83% increase year-over-year.
- Adjusted EBITDAR: $58.6 million, a 1% increase year-over-year.
- Cash Used In Operating Activities: $19.6 million, a 40% improvement year-over-year.
- Adjusted Free Cash Flow: - $17.5 million, a 29% decrease year-over-year.
- Total Cash, Cash Equivalents and Restricted Cash: $71.0 million, which included $43.8 million of restricted cash as of June 30, 2025.
- Live Units: Approximately 8,300 as of June 30, 2025.
- Total Portfolio: Approximately 8,990 as of June 30, 2025.
Second Quarter 2025 Year-to-Date Financial Highlights
- RevPAR: $161, a 13% increase year-over-year.
- Occupancy Rate: 84%, a seven percentage point increase year-over-year.
- Bookable Nights: 1,656,000, a 21% decrease year-over-year, driven by the Company’s Portfolio Optimization Program.
- Revenue: $265.9 million, an 11% decrease year-over-year.
- Net Loss: $101.0 million, a 469% decrease year-over-year.
- Adjusted EBITDA: - $59.3 million, a -20.3% increase year-over-year.
- Adjusted EBITDAR: $79.8 million, a 5% decrease year-over-year.
- Cash Used In Operating Activities: $24.0 million, a 67% improvement year-over-year.
- Adjusted Free Cash Flow: - $24.4 million, a 54.2% decrease year-over-year.
Long-Term Strategic Licensing Agreement with Marriott International
Sonder entered into a long-term strategic licensing agreement with Marriott International, Inc. in August 2024 and completed the full Marriott integration in the second quarter of 2025. As of June 2025, all Sonder properties are available for booking on Marriott’s digital channels and platform, including Marriott.com and the Marriott Bonvoy® mobile app under the new “Sonder by Marriott Bonvoy” collection. Sonder’s properties also participate in the Marriott Bonvoy® travel platform.