SONO

SANTA BARBARA, Calif., July 09, 2026--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that after market close on Wednesday, July 29, 2026 the company will report financial results for the third quarter ended June 27, 2026. The company will issue a press release and accompanying slide presentation at that time which will be accessible at https://investors.sonos.com/reports-and-filings/default.aspx#section=earningsreports. The company will host a conference call and Q&A to discuss the results on the same day at 4:30 p.m. Eastern Time. A live webcast of the conference call and Q&A will be accessible at https://investors.sonos.com/news-and-events/default.aspx. A replay of the webcast and transcript will be available through the same link following the conference call. The live conference call may also be accessed toll free by dialing 1 (888) 330-2454 with conference ID 8641747. Participants outside the U.S. can access the call by dialing 1 (240) 789-2714. About Sonos Sonos (Nasdaq: SONO) is a leading audio company dedicated to elevating life through sound. Sonos has built a connected system that brings together all the sounds people love, from music and movies to stories and conversations. Its portfolio of home theater speakers, components, plug-in and portable speakers, and headphones grows more powerful with every room and device added. Trusted by more than 17 million households in over 60 countries, Sonos is headquartered in Santa Barbara, California. Learn more at www.sonos.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260709482670/en/ Contacts Investor Contact James [email protected] Press Contact [email protected]

As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the consumer discretionary industry, including Sonos (NASDAQ:SONO) and its peers. This sector includes everything from cable TV services to hotel stays to gym memberships. While diverse, the way people buy and experience these products is being upended by the internet and digitization. Consumer discretionary companies are working to adapt to secular trends such as streaming video, online marketplaces for lodging accommodations, and connected fitness. That discretionary purchases are, by definition, something consumers can give up makes it even more imperative for companies in the space to adapt. The 140 consumer discretionary stocks we track reported a satisfactory Q1. As a group, revenues beat analysts’ consensus estimates by 2.1% while next quarter’s revenue guidance was 4.1% below. In light of this news, share prices of the companies have held steady as they are up 4.1% on average since the latest earnings results. A pioneer in connected home audio systems, Sonos (NASDAQ:SONO) offers a range of premium wireless speakers and sound systems. Sonos reported revenues of $281.5 million, up 8.4% year on year. This print exceeded analysts’ expectations by 5.5%. Overall, it was a very strong quarter for the company with a solid beat of analysts’ EBITDA estimates. “The first half of Fiscal 2026 marks an important turning point for Sonos as we return to growth and change the trajectory of the business,” said Tom Conrad, Chief Executive Officer of Sonos. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 5.3% since reporting and currently trades at $14.09. Is now the time to buy Sonos? Access our full analysis of the earnings results here, it’s free. With a history dating back to 1852, Smith & Wesson (NASDAQ:SWBI) is a firearms manufacturer known for its handguns and rifles. Smith & Wesson reported revenues of $178.4 million, up 26.7% year on year, outperforming analysts’ expectations by 14.9%. The business had an incredible quarter with a beat of analysts’ EPS and EBITDA estimates. The market seems happy with the res...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Sonos (SONO) has seen mixed share performance recently, with the stock down 4.6% on the day and slightly lower over the past week, but higher over the past month and past 3 months. Over the past year, Sonos has delivered a 56.3% total return, while the year-to-date performance is lower. The stock now carries a market value of about US$1.9b at a recent close of US$15.72. Returns over the past 3 and 5 years have been relatively flat or weaker. This gives recent gains a different context for anyone thinking about how much of the story might already be reflected in the current price. See our latest analysis for Sonos. Recent trading has been choppy, with the share price down 4.6% in a day and lower year to date, yet supported by a 12.2% 1 month share price return and a 56.3% 1 year total shareholder return. This points to momentum that has cooled but not disappeared. If Sonos has sharpened your interest in consumer hardware, this is a good moment to broaden your research and scan 20 top founder-led companies With Sonos trading around US$15.72, a value score of 1, mixed multi year returns and a market value close to US$1.9b, the real question is whether this is a genuine bargain or if the market already reflects growth expectations. Sonos's most followed narrative pegs fair value at about $19.38 per share, which sits above the recent $15.72 close and frames a valuation gap that hinges on future earnings power and capital returns. Read the complete narrative. Read the complete narrative. Want to see what kind of revenue curve and margin profile sits behind that fair value, and how share buybacks are factored into the earnings multiple story? Result: Fair Value of $19.38 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, that narrative leans on margin progress and product refreshes, and both higher tariffs and a lull in new hardware cycles could easily challenge those assumptions. Wall Street's queuing for one rocket. While SpaceX counts down to its IPO, other companies tied to the new space race are already in orbit. → 20 Compelling Space Companies watchlist · Global Space Race Investing Ideas screener · Scan the sector by valuation on Rocket Lab's valuation page. While the most popular narrative sees Sono...

A month has gone by since the last earnings report for Sonos (SONO). Shares have added about 17.6% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Sonos due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Sonos' Reports Q2 Loss Sonos reported second-quarter fiscal 2026 non-GAAP loss per share of 2 cents, narrower than the Zacks Consensus Estimate of a loss of 4 cents. The company reported a loss of 18 cents in the prior-year quarter. On a GAAP basis, the company reported a loss per share of 24 cents compared with a loss of 58 cents in the year-ago quarter. Quarterly revenues increased 8.4% year over year to $281.5 million. The figure came above the company’s guidance of $250 million to $280 million. The Zacks Consensus Estimate for the top line was pegged at $264.9 million. Management highlighted that the first half of fiscal 2026 marked a key turning point as the company returned to growth, driven by strong execution across products, software, marketing and expansion in growth markets. This led to second-quarter revenue growth — the first positive second-quarter adjusted EBITDA in four years, and a third consecutive period of improving revenue trends. Second-quarter performance exceeded expectations, with revenue near the high end of guidance and adjusted EBITDA above the midpoint, while first-half adjusted EBITDA rose 48% year over year, supported by higher gross profit and lower operating expenses, reflecting continued disciplined execution. Revenue Details Revenues from Sonos speakers were $210 million, up 8% year over year. Sonos’ system products’ revenues of $52.4 million increased 3.7%. Revenues from Partner products and other totaled $19.1 million, up 29.9% year over year. Region-wise, revenues from the Americas of $180.6 million increased 2.2% year over year. Europe, the Middle East and Africa generated revenues of $83.2 million, up 20.9%. Revenues from the Asia Pacific increased 25.3% to $17.8 million. Margin Performance Non-GAAP gross profit was $129.6 million, up 6% on a year-over-year basis. Non-GAAP gross margin contracted 110 basis points (bps) to 46%. Adjusted operating expenses amounted to $136.5 millio...

Sonos delivered a positive first quarter, with market reaction reflecting renewed investor confidence after the company’s revenue outpaced Wall Street expectations. Management attributed the performance to improving product reliability, successful launches in growth markets, and strong customer advocacy. CEO Tom Conrad highlighted that the company’s new product pipeline and more effective marketing have contributed to both new household growth and increased engagement from the existing customer base. The addition of Frank Barbieri as Chief Operating Officer also marked a strategic step to enhance operational execution. Is now the time to buy SONO? Find out in our full research report (it’s free). Revenue: $281.5 million vs analyst estimates of $266.8 million (8.4% year-on-year growth, 5.5% beat) Adjusted EPS: -$0.02 vs analyst estimates of $0.01 ($0.03 miss) Adjusted EBITDA: $1.72 million (0.6% margin, 308% year-on-year growth) Operating Margin: -11.2%, up from -23.6% in the same quarter last year Market Capitalization: $1.79 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Steve Frankel (Wilson Black) asked about Sonos’ approach to AI monetization, questioning whether the company would pursue a recurring revenue or advertising-driven model. CEO Tom Conrad replied that while AI integration is a long-term opportunity, it is premature to share details about the business model. Steve Frankel (Wilson Black) inquired about the supply of memory chips amid rising costs and new product launches. Conrad responded that the operations team began securing supply early in 2025 and is confident in meeting demand for the remainder of the year. Steve Frankel (Wilson Black) queried the rationale behind Aero 100 SL’s design and price point. Conrad explained the product is tailored for value-conscious customers and secondary use cases, with cost optimizations like removal of microphones and use of color injection molding. Ralph Earl (Morgan Stanley) requested clarification on the gross margin guidance range for Q3. CFO Saori Casey detailed the impact of memory costs, tariff changes, and product mix, emphasizing ongoing cost-sav...

Sonos, Inc.'s (NASDAQ:SONO) recent earnings report didn't offer any surprises, with the shares unchanged over the last week. We did some analysis to find out why and believe that investors might be missing some encouraging factors contained in the earnings. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. One key financial ratio used to measure how well a company converts its profit to free cash flow (FCF) is the accrual ratio. In plain english, this ratio subtracts FCF from net profit, and divides that number by the company's average operating assets over that period. The ratio shows us how much a company's profit exceeds its FCF. As a result, a negative accrual ratio is a positive for the company, and a positive accrual ratio is a negative. While having an accrual ratio above zero is of little concern, we do think it's worth noting when a company has a relatively high accrual ratio. Notably, there is some academic evidence that suggests that a high accrual ratio is a bad sign for near-term profits, generally speaking. For the year to March 2026, Sonos had an accrual ratio of -0.64. That implies it has very good cash conversion, and that its earnings in the last year actually significantly understate its free cash flow. In fact, it had free cash flow of US$118m in the last year, which was a lot more than its statutory profit of US$23.7m. Sonos shareholders are no doubt pleased that free cash flow improved over the last twelve months. Having said that, there is more to the story. The accrual ratio is reflecting the impact of unusual items on statutory profit, at least in part. View our latest analysis for Sonos That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Sonos' profit was reduced by unusual items worth US$21m in the last twelve months, and this helped it produce high cash conversion, as reflected by its unusual items. In a scenario where those unusual items included non-cash charges, we'd expect to see a strong accrual ratio, which is exactly what has happened in this case. While deductions due to unusual items are disappointing in the f...

SANTA BARBARA, Calif. (AP) — SANTA BARBARA, Calif. (AP) — Sonos Inc. (SONO) on Monday reported a loss of $28.9 million in its fiscal second quarter. On a per-share basis, the Santa Barbara, California-based company said it had a loss of 24 cents. Losses, adjusted for stock option expense and non-recurring costs, were 2 cents per share. The maker of wireless speakers and home sound systems posted revenue of $281.5 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SONO at https://www.zacks.com/ap/SONO

Image source: The Motley Fool. Monday, May 4, 2026 at 4:30 p.m. ET Chief Executive Officer — Tom Conrad Chief Financial Officer — Saori Casey Head of Corporate Finance — James Baglanis Chief Legal Officer — Eddie Lazarus Need a quote from a Motley Fool analyst? Email [email protected] Operator: Thank you for standing by. My name is Angela, and I will be your conference operator today. At this time, I would like to welcome everyone to the Sonos, Inc. second quarter fiscal 2026 conference call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. If you would like to ask a question during this time, simply press star followed by the number 1 on your telephone keypad. If you would like to withdraw your question, press star 1 again. Thank you. I would now like to turn the call over to Mr. James Baglanis, head of corporate finance. You may begin. James Baglanis: Good afternoon, and welcome to Sonos, Inc.'s second quarter fiscal 2026 earnings conference call. I am James Baglanis, and with me today are Sonos, Inc.'s CEO, Tom Conrad, CFO, Saori Casey, and chief legal officer, Eddie Lazarus. Before I hand it over to Tom, I would like to remind everyone that today's discussion will include forward-looking statements regarding future events and our future financial performance. These statements reflect our views as of today only and should not be considered as our views of any subsequent date. These statements are also subject to material risks and uncertainties that could cause actual results to differ materially from the expectations in the forward-looking statements. A discussion of these risk factors is fully detailed under the caption Risk Factors in our filings with the SEC. During this call, we will also refer to certain non-GAAP financial measures. For information regarding our non-GAAP financials, and a reconciliation of GAAP to non-GAAP measures, please refer to today's press release regarding our second quarter fiscal 2026 results posted to the investor relations portion of our website, investors.sonos.com. After the call concludes, we will upload our revised supplemental earnings presentation, including our guidance, as well as the conference call transcript to the IR website. I will now turn the call over to Tom. Tom Conrad: Good afternoon, everyone, and thanks for joining u...

Sonos (SONO) reported fiscal Q2 non-GAAP net loss late Monday of $0.02 per diluted share, narrowing

Q2 results: Revenue was $282 million (+~8% YoY) near the high end of guidance and adjusted EBITDA turned positive to $2 million (from -$1 million a year earlier), while Sonos repurchased $40 million of stock and ended the quarter with $249 million in net cash. International and product momentum: Growth was driven by APAC (+25%) and EMEA (+21%), with strong demand for the Era 100 and Arc Ultra, and newly launched Sonos Play and Era 100 SL positioned to expand the customer base though they contributed minimally to Q2 revenue. Guidance and headwinds: Q3 revenue is guided to $355–375 million (3–9% YoY) but gross margins face a significant memory-cost headwind (roughly 400 basis points in Q3) and tariff uncertainty, even as management expects a stronger second half and potential tariff refunds of up to ~$40 million. Interested in Sonos, Inc.? Here are five stocks we like better. 3 Small Caps Hitting 52-Week Highs: Take Profits or Let Ride? Sonos (NASDAQ:SONO) reported fiscal second-quarter 2026 revenue of $282 million, up about 8% year-over-year and near the high end of the company’s guidance range, as management pointed to improving execution and momentum heading into the second half of the year. CEO Tom Conrad said the company has “changed the trajectory of the business” through the first half of fiscal 2026, with revenue up 2% in the first six months and adjusted EBITDA improving meaningfully versus last year. “We’ve moved through a phase of stabilization,” Conrad said, adding that the next phase is “building durable growth.” → Roblox Stock Slides to New Low as Safety Changes Weigh on Outlook MarketBeat: Week in Review 5/30 – 6/3 CFO Saori Casey said Q2 results marked Sonos’ “seventh consecutive quarter of executing against our commitments.” Revenue growth was driven primarily by international markets, with APAC up 25% and EMEA up 21% year-over-year, while the Americas grew 2%. Foreign exchange provided a four-point boost to year-over-year growth, Casey said. On a constant-currency basis, APAC grew 18%, EMEA grew 9%, and the Americas grew 1%. → The Real SpaceX Play: 5 Chip Stocks Powering the IPO Before It Launches Sonos Stock Sounds Cheap Down Here On the product side, Casey cited “continued strength in the demand for Era 100” and “strong performance of Arc Ultra.” She noted that newly launched products Sonos Play and Era 100 SL contributed negligibly to Q2 r...

Achieved a return to top-line growth with Q2 revenue up 8%, driven by double-digit expansion in APAC and EMEA markets. Management attributes the turnaround to a 'system-level' product strategy where each new device compounds the value of the existing installed base. Performance was bolstered by a shift in marketing focus toward a coherent system narrative and the restoration of customer advocacy following a period of stabilization. The launch of Sonos Play and Era 100 SL serves as a strategic entry point for new households while encouraging existing users to expand their systems. Operational efficiency improved through the adoption of AI across software engineering, IT, and customer support functions. The appointment of Frank Barbieri as COO is intended to centralize operational capability across DTC, CRM, and revenue systems to accelerate the growth agenda. Q3 revenue guidance of $355 million to $375 million assumes modest year-over-year acceleration on a constant currency basis. Management expects the second half of fiscal 2026 to be stronger than the first, supported by new product momentum and healthy growth market performance. Gross margin for the full year 2026 is expected to be lower than 2025 due to rising memory cost inflation projected to intensify in Q4. The upcoming fall launch of AMP Multi is expected to drive growth within the professional installer channel, though it will not contribute to Q3 revenue. Future growth strategy includes exploring AI-driven adjacencies to leverage the company's 53 million connected, voice-enabled devices. Higher memory costs acted as a 200 basis point headwind to Q2 gross margin, with the impact expected to double to 400 basis points in Q3. The semiconductor industry transition from DDR4 to DDR5/HBM is tightening supply, requiring the company to secure components through multiple channels. Management is pursuing a potential $40 million refund for prior duties paid under IEEPA, which could serve as a significant offset to memory cost headwinds. The Aero 100 SL was specifically engineered for cost-optimization, utilizing color injection molding instead of paint to lower the barrier to entry without compromising finish. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management declined to provide specific business...

Audio technology Sonos company (NASDAQ:SONO) will be reporting earnings this Monday after market close. Here’s what to look for. Sonos beat analysts’ revenue expectations last quarter, reporting revenues of $545.7 million, flat year on year. It was a very strong quarter for the company, with a beat of analysts’ EPS and adjusted operating income estimates. Is Sonos a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Sonos’s revenue to grow 2.7% year on year, in line with the 2.8% increase it recorded in the same quarter last year. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Sonos has a history of exceeding Wall Street’s expectations. Looking at Sonos’s peers in the consumer discretionary segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Apple delivered year-on-year revenue growth of 16.6%, beating analysts’ expectations by 1.7%, and Rush Street Interactive reported revenues up 41.1%, topping estimates by 11.3%. Apple traded up 3.1% following the results while Rush Street Interactive was also up 16.6%. Read our full analysis of Apple’s results here and Rush Street Interactive’s results here. There has been positive sentiment among investors in the consumer discretionary segment, with share prices up 7% on average over the last month. Sonos is up 9.2% during the same time and is heading into earnings with an average analyst price target of $19.13 (compared to the current share price of $14.84). ONE MORE THING: 3 Hidden Platforms Growing 3X Faster than Amazon, Google, and PayPal. Amazon, Google, and Meta all followed the same playbook: Dominate an ignored market. Build an unbeatable moat. Scale until you’re unstoppable. These three platforms are running that exact playbook right now. The early investors in Amazon made fortunes. The early investors in these could do the same. Get All 3 Stocks Here for FREE.