earnings
confidence high
sentiment positive
materiality 0.75
Sonos FY2026 revenue rises 7% to $1.547B; Q4 revenue up 20%, adjusted EBITDA up 39%, new $150M buyback
Sonos Inc
- FY2026 revenue $1,547M (+7% YoY); GAAP net income $90M, up $151M YoY; GAAP diluted EPS $0.73, up $1.24 YoY; Non-GAAP EPS $1.23 (+92%).
- Q4 revenue $344M (+20% YoY); GAAP net loss narrowed $33M to ($5)M, or ($0.04) per diluted share; Non-GAAP EPS $0.04; Adjusted EBITDA flat at $6M.
- FY2026 Adjusted EBITDA $184M (+39%) despite $56M higher memory costs; Non-GAAP operating expenses cut 3%; free cash flow $123M (+14%).
- Board authorized a new $150M repurchase program with no expiration, after completing the prior $150M program in Q4; FY2026 total returned $130M via 8.2M shares.
- CEO Tom Conrad cites growth in every region and five new products; CFO Saori Casey says guidance will be provided on the Nov. 10, 2026 earnings call.