---
schema_version: "secwatch.filing_event.v1"
accession: "0001856430-24-000023"
form_type: "8-K"
ticker: null
cik: "0001856430"
company_name: "Snap One Holdings Corp."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T13:19:30.442455+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Snap One Q1 net sales $246.1M (-2.4% YoY); net loss $22.9M

## Summary
- Net sales $246.1M, down 2.4% YoY from $252.0M; net loss widened to $22.9M from $14.5M.
- Adjusted EBITDA $22.5M (9.1% of sales) vs $22.7M (9.0%) in prior year.
- Free cash flow improved to $3.9M from -$11.8M in prior year.
- Cash and equivalents $41.3M at quarter end, down from $61.0M at FY2023 year-end.
- Foregoing Q1 earnings call due to pending acquisition by Resideo at $10.75/share (H2 2024).

## SEC filing metadata
- accession: 0001856430-24-000023
- form_type: 8-K
- cik: 0001856430
- company_name: Snap One Holdings Corp.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856430/000185643024000023/0001856430-24-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856430/000185643024000023/snpo-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001856430-24-000023
- JSON: https://secwatch.observer/filing/0001856430-24-000023.json
- Plain text: https://secwatch.observer/filing/0001856430-24-000023.txt

## Key facts
- Earnings Releases
  Snap One Holdings Corp. reported three months ended March 29, 2024 results: revenue $246.1 million, net income $22.9 million.
  - Period: three months ended March 29, 2024
  - Revenue: $246.1 million
  - Net income: $22.9 million
  - Result: reported results
  source text: ● Net sales decreased 2.4% to $246.1 million from $252.0 million in the comparable year-ago period. ● Selling, general, and administrative (SG&A) expenses decreased 3.2% to $90.8 million (36.9% of net sales) from $93.8 million (37.2% of net sales) in the comparable year-ago period. ● Net loss increased $8.4 million to $22.9 million (-9.3% of net sales) compared to net loss of $14.5 million (-5.8% of net sales) in the comparable year-ago period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856430/000185643024000023/0001856430-24-000023-index.htm

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