Sonos Inc
SONO
ISIN null / Valor 37722921
Sonos Inc
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About company
Sonos Inc. is a leading company in the home audio industry, specializing in the development and sale of wireless sound systems and smart speakers. Established with a vision to reinvent home audio for the digital age, Sonos has become synonymous with high-quality sound and innovative technology that seamlessly integrates music, podcasts, movies, shows, audiobooks, and radio into the home environment. The company boasts a broad portfolio of products that support over 50 streaming services, underpinned by a robust foundation of more than 2,000 patents, highlighting its commitment to innovation in the streaming and audio technology space. Sonos operates globally, with its products available in over 60 countries, demonstrating its international reach and appeal. Through its focus on creating a connected home experience, Sonos continues to play a pivotal role in shaping the future of home sound systems, catering to an audience that values superior sound quality and technological advancement.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (15.04.2026):
Sonos, Inc. reported results for the First Quarter Fiscal 2026 (Q1 FY2026). Revenue was $545.7 million (above the midpoint of guidance), GAAP net income was $93.8 million (diluted EPS $0.75), non‑GAAP net income was $115.5 million (non‑GAAP diluted EPS $0.93), and Adjusted EBITDA was $132.1 million. Management highlighted progress toward a return to growth driven by product innovation (including the Amp Multi announcement), improved margins and disciplined operating execution.
Top line and margins
Revenue: $545.7M vs $550.9M year‑ago (roughly flat, slight decline). GAAP gross margin improved to 46.5% (from 43.8% last year); non‑GAAP gross margin rose to 47.5% (from 44.7%).
Profitability jump
GAAP net income of $93.8M (vs $50.2M prior year) and GAAP diluted EPS $0.75 (vs $0.40). Adjusted EBITDA was $132.1M, a 45% expansion year‑over‑year, with an Adjusted EBITDA margin of 24.2% (up from 16.6%). Operating income was $100.4M (vs $48.1M).
Cash generation and liquidity
Net cash provided by operating activities was $163.3M; free cash flow was $157.3M. Cash and cash equivalents increased to $312.5M (from $174.7M at the prior quarter).
Cost discipline and reinvestment
Operating expenses were materially reduced: R&D fell to $59.8M (from $80.8M) and sales & marketing to $65.3M (from $86.6M). Total stock‑based compensation was $15.2M (down from $25.3M). Management says it is balancing discipline with reinvestment for growth.
Product and strategy update
Management emphasized returning to product innovation (notably announcing Amp Multi) and strengthening Sonos as a system and platform to drive long‑term customer and business value.
Balance sheet & working capital movements
Total assets rose to $947.9M. Inventories declined to $125.3M (from $171.0M), while accounts receivable increased to $116.3M (from $65.8M), reflecting working capital shifts. Accumulated deficit improved to $(18.3)M from $(112.1)M year‑ago.
Capital allocation and legal items
Share repurchases totaled $25.0M in the quarter (plus ~$10.9M of shares withheld for taxes). Legal and transaction‑related costs were $2.51M (noted as related to IP litigation with Alphabet/Google and acquisition activity).
Guidance and investor event
Sonos will provide forward guidance on its Q1 Fiscal 2026 earnings call/webcast on February 3, 2026; a supplemental earnings presentation and archived webcast/transcript will be posted on the investor relations site. Summarized from source with an LLMView Source
Key figures
Performance
Volatility
1806 M
Market cap (USD)
1,655,115
Daily traded volume (Shares)
15.095 / 14.53
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
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