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Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.04Last Year’s EPS
-0.03Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call shows clear operational and commercial momentum: revenue growth, improving gross profit dollars, a return to positive adjusted EBITDA, strong regional performance (notably APAC and EMEA), successful new product launches with strong early reviews, and active capital allocation via buybacks. Key near-term headwinds are material: higher memory costs are expected to pressure gross margins through Q3 and into Q4, inventory has risen, free cash flow was negative for the quarter (seasonal), and tariff refund timing is uncertain. Management has a mitigation plan (supply actions, design optimizations, potential tariff refunds) and remains confident in growth execution, but margin pressure from memory inflation is the principal risk that tempers the outlook.Company Guidance
Revenue Growth and Return to Top-Line Expansion
Q2 revenue of $282 million, up ~8% year over year and near the top end of guidance; first half revenue up 2% year over year. Q3 revenue guidance of $355M–$375M (midpoint +6% YoY) indicates sequential acceleration.
Gross Profit and Margin Strength
GAAP gross profit of $125 million, up 10% YoY; non-GAAP gross profit $130 million, up 6% YoY. Q2 GAAP gross margin 44.3% and non-GAAP gross margin 46%.
Profitability Progress (Adjusted EBITDA & EPS)
Adjusted EBITDA was positive $2 million in Q2 (up $3M vs. -$1M prior year) and increased 48% on a reported basis; adjusted EBITDA margin improved ~510 basis points. Non-GAAP EPS improved to -$0.02 from -$0.18 a year ago.
Regional and Product Strength
APAC grew 25% YoY (constant currency +18%), EMEA grew 21% YoY (constant currency +9%), Americas grew 2% YoY (constant currency +1%). Strong demand for Era 100 and Arc Ultra; new products (Play and Aero 100 SL) launched with positive early reception.
Balance Sheet, Buybacks and Cash Position
Net cash balance of $249 million (includes $40M marketable securities). Repurchased $40 million of stock in Q2 (~2.5M shares, reducing share count by 2.1%) with $65M remaining authorization.
Strategic Product and Organizational Momentum
Launched Sonos Play to strong global press reviews and Aero 100 SL at a $189 MSRP to broaden entry points; AMP Multi scheduled for fall. Added Frank Barbieri as COO to consolidate partnerships, DTC, CRM and revenue systems. Management highlights AI adoption across internal operations.
SONO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SONO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $14.87 | $14.01 | -5.78% |
Feb 03, 2026 | $14.63 | $15.56 | +6.36% |
Nov 05, 2025 | $16.41 | $16.64 | +1.40% |
Aug 06, 2025 | $11.04 | $10.97 | -0.63% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sonos Inc (SONO) report earnings?
Sonos Inc (SONO) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is Sonos Inc (SONO) earnings time?
Sonos Inc (SONO) earnings time is at Jul 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SONO EPS forecast?
SONO EPS forecast for the fiscal quarter 2026 (Q3) is 0.04.
