---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-040575"
form_type: "8-K"
ticker: "SONO"
cik: "0001314727"
company_name: "Sonos Inc"
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T21:36:54.224714+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sonos Q3 FY2023 revenue flat at $373.4M; GAAP loss deepens to $0.18/sh

## Summary
- Revenue $373.4M, +0.4% YoY (constant-currency +0.3%); gross margin 46.0%, down 130bp.
- GAAP net loss $23.6M ($0.18 loss per share) vs $0.6M loss YoY; non-GAAP net income $21.3M ($0.16 EPS).
- Adjusted EBITDA $34.3M (9.2% margin) vs $42.1M (11.3%) last year; free cash flow negative ($7.8M).
- Inventories $298.1M, down 8.6% QoQ; finished goods down 12.5% to $240.1M.

## SEC filing metadata
- accession: 0000950170-23-040575
- form_type: 8-K
- ticker: SONO
- cik: 0001314727
- company_name: Sonos Inc
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1314727/000095017023040575/0000950170-23-040575-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1314727/000095017023040575/sono-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-040575
- JSON: https://secwatch.observer/filing/0000950170-23-040575.json
- Plain text: https://secwatch.observer/filing/0000950170-23-040575.txt

## Key facts
- Earnings Releases
  Sonos Inc reported third fiscal quarter ended July 1, 2023 results: revenue $373.4 million, net income $23.6 million, EPS $0.18.
  - Period: third fiscal quarter ended July 1, 2023
  - Revenue: $373.4 million
  - Net income: $23.6 million
  - EPS: $0.18
  - Result: reported results
  source text: - Sonos, Inc. (Nasdaq: SONO) today reported third quarter fiscal 2023 results. Third Quarter 2023 Financial Highlights (unaudited) ● Revenue increased 0.4% year-over-year to $373.4 million; on a constant-currency basis, revenue increased 0.3% year-over-year ● Gross margin decreased 130 basis points year-over-year to 46.0% ● GAAP net loss of $23.6 million compared
  evidence_url: https://www.sec.gov/Archives/edgar/data/1314727/000095017023040575/0000950170-23-040575-index.htm

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