Sonos Earnings Reports

Sonos delivered a solid performance in Q3 Fiscal 2025, with revenue of $344.8 million surpassing the high end of their guidance and Adjusted EBITDA reaching $36 million, at the high end of the range. The company achieved its fourth consecutive quarter of meeting top and bottom-line guidance despite a challenging macroeconomic environment and tariffs, driven by effective cost management and a focus on operational excellence.

Sonos reported Q2 Fiscal 2025 results, achieving revenue of $259.8 million, which was at the high end of their guidance range. The company also exceeded expectations for Adjusted EBITDA, reporting a loss of $0.8 million, significantly improved from the prior year, driven by substantial year-over-year expense reductions. GAAP net loss was $70.1 million and GAAP diluted EPS was ($0.58). Non-GAAP net loss was $21.7 million and Non-GAAP diluted EPS was ($0.18).

Sonos reported a revenue of $551 million for the first quarter of fiscal 2025, with a GAAP net income of $50.2 million and diluted EPS of $0.40. The company also announced a reorganization and reduction in force affecting approximately 12% of its employees.

Sonos reported Q4 fiscal 2024 results with a revenue of $255.4 million and a GAAP net loss of $53.1 million. The company focused on app recovery efforts and launched new products like Arc Ultra and Sub 4. While facing headwinds in the audio category, Sonos is confident in its ability to gain market share.

Sonos reported slight revenue growth year-over-year, driven by the introduction of their new headphones, Ace. However, issues with the rollout of their new app have led to a reduction in their Fiscal 2024 guidance.

Sonos reported second quarter fiscal 2024 results, with revenue of $252.7 million. GAAP net loss was ($69.7) million, with a GAAP diluted loss per share of ($0.56). Non-GAAP net loss was ($42.1) million, and Non-GAAP diluted EPS was ($0.34).

Sonos reported a decrease in revenue but an increase in net income and EPS for the first quarter of fiscal year 2024. The company is preparing to launch a new product in a multi-billion dollar category.

Sonos reported a decrease in revenue for the fourth quarter of 2023, but gross margin increased. The company experienced both GAAP and non-GAAP net losses during the quarter. While revenue decreased, the gross margin saw improvement, and the adjusted EBITDA turned positive compared to the previous year.

Sonos reported a slight increase in revenue and a decrease in net income compared to the same quarter last year. The company is focusing on profitability and investing in its product roadmap.

Sonos reported a 23.9% year-over-year decrease in revenue to $304.2 million. The company experienced a GAAP net loss of $(30.7) million compared to a net income of $8.6 million in the previous year. The company is reducing its expectations for the second half of Fiscal 2023 due to softening consumer demand and channel partner inventory tightening.

Sonos reported a 1.2% year-over-year increase in revenue to $672.6 million for the first quarter of fiscal year 2023. GAAP net income was $75.2 million, with a diluted EPS of $0.57. Non-GAAP net income reached $103.4 million, with a diluted EPS of $0.79. The company's free cash flow was $167.6 million.

Sonos reported a decrease in revenue by 12.0% year-over-year to $316.3 million and a GAAP net loss of $(64.1) million for the fourth quarter of 2022. The company saw trends stabilize in Q4 and is heading into the holidays with a good early response to its latest product, Sub Mini, and its healthiest in-stock inventory position in three years.

Sonos reported a slight decrease in revenue for Q3 2022, with a GAAP net loss compared to net income in the same quarter last year. The company is adjusting its FY22 outlook due to a challenging macroeconomic environment.

Sonos reported a 20.1% increase in revenue to $399.8 million. GAAP net income was $8.6 million, with a GAAP EPS of $0.06. The company maintains its revenue outlook for the fiscal year.

Sonos reported a 3% year-over-year increase in revenue to $664.5 million. The company's adjusted EBITDA margin was strong at 24.6%. Despite chip shortages that constrained supply, Sonos increased the midpoint of its fiscal 2022 guidance.

Sonos reported a 6% increase in revenue for Q4 2021, reaching $359.5 million. However, the company experienced a GAAP net loss of $8.7 million, a decrease compared to the net income of $18.4 million in the same quarter last year. The company achieved record revenue and adjusted EBITDA for the full fiscal year 2021.

Sonos reported record third quarter fiscal 2021 results with revenue increasing 52% year-over-year to $378.7 million. GAAP net income increased to $17.8 million, and GAAP diluted earnings per share increased to $0.12. The company raised its fiscal year 2021 outlook based on strong demand and profitability.

Sonos reported record second quarter fiscal 2021 results, with revenue increasing 90% year-over-year to $332.9 million and GAAP net income increasing to $17.2 million from a loss of $52.3 million in the previous year. The company raised its fiscal 2021 outlook based on strong demand and the power of its business model.

Sonos reported a strong first quarter with record revenue and earnings, driven by increased demand and successful product offerings. The company raised its fiscal year 2021 outlook, reflecting confidence in its business momentum and future product plans.

Sonos reported record fourth quarter results with revenue increasing 16% year-over-year to $339.8 million. GAAP net income increased to $18.4 million, and GAAP diluted EPS increased to $0.15. The company reached an inflection point, demonstrating the power and profitability of its business model.

Sonos reported its Q3 2020 financial results, highlighting record direct-to-consumer revenue and providing guidance for Q4 and the full fiscal year 2020.

Sonos reported its financial results for the second quarter of fiscal year 2020.

Sonos announced record first quarter fiscal 2020 financial results, delivering record revenue and adjusted EBITDA while reaffirming its fiscal 2020 outlook.