Sonos, Inc. (SONO) Earnings
Sonos, Inc. is expected to report next earnings on August 5, 2026 (in NaN days), with a consensus EPS estimate of $-0.02. SONO has beaten EPS estimates in 4 of its last 12 reported quarters (average surprise -59.6% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 4, 2026 | $-0.18 | $-0.24 | -33.3% | $282M | +5.2% |
| Feb 3, 2026 | $0.81 | $0.93 | +14.8% | $546M | +103.8% |
| Nov 5, 2025 | $0.05 | $-0.06 | -220.0% | $288M | -46.2% |
| May 7, 2025 | $-0.18 | $-0.18 | +0.0% | $260M | +2.2% |
| Feb 6, 2025 | $0.36 | $0.64 | +77.8% | $551M | +6.0% |
| Nov 15, 2023 | $-0.05 | $-0.07 | -40.0% | $305M | +0.9% |
| Feb 8, 2023 | $0.40 | $0.57 | +42.5% | $673M | +13.2% |
| Nov 16, 2022 | $-0.43 | $-0.50 | -16.3% | $316M | +5.9% |
| Aug 10, 2022 | $0.09 | $-0.00 | -105.2% | $372M | -10.7% |
| May 11, 2022 | $0.07 | $0.06 | -14.3% | $400M | +13.4% |
| Feb 9, 2022 | $0.92 | $0.87 | -5.4% | $664M | +3.4% |
| Nov 17, 2021 | $-0.11 | $0.08 | +172.7% | $360M | -0.2% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q2 FY2026 · May 4, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Tom Conrad mentioned the company is returning to growth, with progress across product innovation, customer advocacy, marketing, geo expansion, and emerging demand trends. New product Sonos Play launched near quarter end with positive early reviews. Aero 100 SL launched alongside Play, lowering entry barrier. Frank Barbieri joined as COO. Operations team working on securing memory supply. AI is transforming internal operations. Also, filing for tariff refund to offset memory cost headwinds.
Guidance
Q3 revenue expected to be in range of $355 million to $375 million, growth of 3% to 9% year over year. Q3 GAAP gross margin range 42% to 44.5%, non-GAAP roughly 150 basis points higher. Expect memory cost inflation to pressure gross margin in Q4. Q3 GAAP operating expenses range $150 million to $160 million. Adjusted EBITDA range $20 million to $48 million.
Segment performance
In Q2, Sonos generated $282 million of revenue, up about 8% year over year. GAAP gross profit dollars grew double digits. On a product basis, AR10100 and ArcUltra showed strength, while Play and Era 100 SL had negligible Q2 revenue contribution. APAC and EMEA grew 25% and 21% respectively in Q2, Americas grew 2% year over year. GAAP gross margin was 44.3% and non-GAAP gross margin was 46%, with higher memory costs being a headwind.
Risks & headwinds
Higher memory costs putting downward pressure on gross margin due to semiconductor industry transition from DDR4 to DDR5. Uncertainty around timing of tariff refund.