---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-002139"
form_type: "8-K"
ticker: "SONO"
cik: "0001314727"
company_name: "Sonos Inc"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:33:04.228073+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sonos Q1 FY2023 revenue $672.6M (+1.2% YoY); GAAP EPS $0.57, Non-GAAP $0.79; maintains FY guidance

## Summary
- Revenue $672.6M, up 1.2% YoY (constant-currency growth ~7%); gross margin 42.4%, down 540 bps.
- GAAP net income $75.2M ($0.57 EPS) vs $123.5M ($0.87 EPS) a year ago.
- Non-GAAP net income $103.4M ($0.79 EPS) vs $146.1M ($1.03 EPS); Adjusted EBITDA $123.9M (18.4% margin).
- Free cash flow $167.6M; inventories $306.1M, down 33% from prior quarter (finished goods down 36%).
- Fiscal 2023 outlook reaffirmed; management cites record Q1 revenue despite macroeconomic headwinds.

## SEC filing metadata
- accession: 0000950170-23-002139
- form_type: 8-K
- ticker: SONO
- cik: 0001314727
- company_name: Sonos Inc
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1314727/000095017023002139/0000950170-23-002139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1314727/000095017023002139/sono-20230208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-002139
- JSON: https://secwatch.observer/filing/0000950170-23-002139.json
- Plain text: https://secwatch.observer/filing/0000950170-23-002139.txt

## Key facts
- Earnings Releases
  Sonos Inc reported first quarter fiscal 2023 ended December 31, 2022 results: revenue $672.6 million, net income $75.2 million, EPS $0.57. Guidance reaffirmed.
  - Period: first quarter fiscal 2023 ended December 31, 2022
  - Revenue: $672.6 million
  - Net income: $75.2 million
  - EPS: $0.57
  - Guidance: reaffirmed
  - Result: reported results
  source text: First Quarter 2023 Financial Highlights (unaudited) ● Revenue increased 1.2% year-over-year to $672.6 million; on a constant-currency basis, revenue increased approximately 7.0% year-over-year ● Gross margin decreased 540 basis points year-over-year to 42.4% ● GAAP net income of $75.2 million compared to $123.5 million last year ○ GAAP diluted earnings per share (EPS) of $0.57 compared to $0.87 last year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1314727/000095017023002139/0000950170-23-002139-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.