Sonos Q1 revenue $546M, GAAP EPS $0.75; Adj. EBITDA $132M, up 45% YoY

Sonos Inc

2026-Q1 EPS reported $0.75 revenue$545,662,000

Revenue $545.7M, above guidance midpoint; GAAP diluted EPS $0.75, Non-GAAP diluted EPS $0.93.
Adjusted EBITDA $132M, up 45% YoY; GAAP gross margin 46.5%, Non-GAAP 47.5%.
Operating income $100.4M vs $48.1M YoY; net income $93.8M ($0.78 basic) vs $50.2M.
CEO Tom Conrad cites progress toward return to growth; announced new Amp Multi product.
Cash from operations $163.3M; cash and marketable securities $363.5M at quarter end.

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