---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-064177"
form_type: "8-K"
ticker: "SONO"
cik: "0001314727"
company_name: "Sonos Inc"
filed_at: "2023-11-15T23:59:59+00:00"
generated_at: "2026-06-08T02:04:58.348503+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sonos reports FY2023 revenue down 5.5% to $1,655M; GAAP loss $10.3M; announces $200M buyback

## Summary
- FY2023 revenue $1,655.3M (-5.5% YoY); GAAP net loss $10.3M vs $67.4M income; non-GAAP EPS $0.92 vs $1.24.
- Q4 revenue $305.1M (-3.5%); GAAP loss $31.2M; non-GAAP loss $9.0M; Adj EBITDA $6.3M vs -$25.6M prior year.
- Q4 gross margin +270bps YoY to 42.0%; FY gross margin 43.3%, -220bps YoY.
- Board authorized $200M stock buyback, no expiration; completed prior $100M program in Q4 by repurchasing 6.6M shares at $15.25 avg.

## SEC filing metadata
- accession: 0000950170-23-064177
- form_type: 8-K
- ticker: SONO
- cik: 0001314727
- company_name: Sonos Inc
- filed_at: 2023-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1314727/000095017023064177/0000950170-23-064177-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1314727/000095017023064177/sono-20231115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-064177
- JSON: https://secwatch.observer/filing/0000950170-23-064177.json
- Plain text: https://secwatch.observer/filing/0000950170-23-064177.txt

## Key facts
- Earnings Releases
  Sonos Inc reported financial results for fourth fiscal quarter and fiscal year ended September 30, 2023.
  - Period: fourth fiscal quarter and fiscal year ended September 30, 2023
  - Result: reported results
  source text: Sonos, Inc. (the "Company") issued a press release announcing its financial results for its fourth fiscal quarter and fiscal year ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1314727/000095017023064177/0000950170-23-064177-index.htm

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