Sonos Inc — fact timeline

Sonos Inc reported financial results for Second Quarter Fiscal 2026.

“On May 4, 2026, Sonos, Inc. (the “Company”) issued a press release announcing its financial results for its second fiscal quarter ended March 28, 2026.”

Eddie Lazarus changed role as Business Development Officer at Sonos Inc.

“on May 4, 2026, following Mr. Barbieri's appointment as COO, Eddie Lazarus will no longer serve as the Company's Business Development Officer but will continue to serve as the Company's Chief Legal Officer.”

Frank Barbieri was appointed as Chief Operating Officer at Sonos Inc.

“On April 15, 2026, the Company appointed Frank Barbieri as Chief Operating Officer ("COO") and principal operating officer, effective as of May 4, 2026.”

Sonos Inc: Amendment to Restated Bylaws to make conforming changes with respect to phased in declassification of the Board (effective 2026-03-10).

“on March 10, 2026, the Board approved an amendment to the Company's restated bylaws (the "Restated Bylaws") to make conforming changes to the Restated Bylaws with respect to phased in declassification of the Board, a copy of which is filed as Exhibit 3.2 to this Current Report on Form 8-K and incorporated by reference herein.”

Sonos Inc: Amendment to Restated Certificate of Incorporation to phase in declassification of the Board and eliminate supermajority voting requirements (effective 2026-03-10).

“On March 10, 2026, the Company filed an amendment to the Restated Certification of Incorporation to effect these changes, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated by reference herein.”

Michelangelo Volpi resigned as Director at Sonos Inc.

“on April 7, 2025, Michelangelo Volpi informed the Board of his resignation as a member of the Board and of the Nominating and Corporate Governance Committee of the Board, effective immediately.”

Hugo Barra was appointed as Director at Sonos Inc.

“On April 7, 2025, the board of directors (the “Board”) of Sonos, Inc. (“Sonos” or the “Company”) appointed Hugo Barra to the Board, effective immediately.”

Maxime Bouvat-Merlin was terminated as Chief Product Officer at Sonos Inc.

“Mr. Bouvat-Merlin’s employment with the Company terminated February 19, 2025.”

Deirdre Findlay departed as Chief Commercial Officer at Sonos Inc.

“On February 19, 2025, Deirdre Findlay, Chief Commercial Officer, informed Sonos, Inc. (the “Company”) that she is resigning from her role, effective March 3, 2025.”

Sonos Inc announced a restructuring with charges of approximately $15 to $18 million (approximately 12% of its employees).

“The foregoing actions were committed to on February 4, 2025 and are intended to improve the Company’s operating model and cost structure to set the Company up for long-term success. The Company estimates that it will incur approximately $15 to $18 million of restructuring and related charges, substantially all of which are related to employee severance and benefits costs.”

Tom Conrad was appointed as Interim Chief Executive Officer and President at Sonos Inc.

“on January 12, 2025, the Board appointed Tom Conrad as Interim CEO and President, effective January 13, 2025.”

Patrick Spence departed as Chief Executive Officer at Sonos Inc.

“On January 12, 2025, Patrick Spence and the Board of Directors (the "Board") of Sonos, Inc. (the "Company") agreed that Mr. Spence will step down as Chief Executive Officer ("CEO") and as a member of the Board, effective as of January 13, 2025.”

Sonos Inc engaged KPMG LLP as its auditor.

“(the “Company”) approved the engagement of KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm for the fiscal year ending September 27, 2025, effective immediately.”

Sonos Inc dismissed PricewaterhouseCoopers LLP as its auditor.

“Accordingly, PricewaterhouseCoopers LLP (“PwC”), the Company’s prior independent registered public accounting firm, was informed on December 10, 2024 that it was dismissed as the Company’s independent registered public accounting firm.”

Sonos Inc announced a restructuring with charges of approximately $9 to $12 million of restructuring and related charges affecting approximately 6% of our employees (reduction in force involving approximately 6% of our employees).

“On August 14, 2024, Sonos, Inc. (the “Company”) announced a reduction in force involving approximately 6% of our employees. Decisions regarding the elimination of positions are subject to local law and consultation requirements in certain countries. The Company also committed to further reducing its real estate footprint. The foregoing actions were committed to on August 14, 2024 and are intended to improve the Company’s operating model and cost structure to set the Company up for long-term success. The Company estimates that it will incur approximately $9 to $12 million of restructuring and related charges, of which $6 to $8 million are related to employee severance and benefits costs.”

Sonos Inc reported second fiscal quarter ended March 30, 2024 results: revenue $252.7 million, net income ($69.7) million, EPS ($0.56). Guidance reaffirmed.

“behind us, we are well positioned to deliver on our Fiscal 2024 guidance,” said Sonos CFO Saori Casey. Second Quarter Fiscal 2024 Financial Highlights (unaudited) ● Revenue of $252.7 million ● Gross margin of 44.3% ● GAAP net loss of ($69.7) million, GAAP diluted loss per share (EPS) of ($0.56) ● Non-GAAP net loss 1 of ($42.1) million, Non-GAAP diluted EPS 1 of”

Sonos Inc shareholders approved Advisory vote to approve named executive officer compensation at the 2024-03-11 meeting.

“Proposal Three — Advisory Vote to Approve Named Executive Officer Compensation The Company’s stockholders approved, on an advisory basis, the compensation of the Company's named executive officers as described in the Company's definitive proxy statement filed with the Securities and Exchange Commission on January 29, 2024 by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 90,206,425 3,531,643 122,277 13,714,094”

Sonos Inc shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending September 28, 2024 at the 2024-03-11 meeting.

“Proposal Two — Ratification of Appointment of Independent Registered Public Accounting Firm The Company’s stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 28, 2024 by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 106,558,406 713,760 302,273 —”

Sonos Inc shareholders approved Election of two Class III directors at the 2024-03-11 meeting.

“Proposal One — Election of Directors The Company’s stockholders approved the election of two Class III directors to the Company’s Board of Directors for three year terms or until their respective successors are elected and qualified or until their earlier resignation or removal, by the following votes: Nominee Votes For Votes Withheld Broker Non-Votes Jonathan Mildenhall 93,314,877 545,468 13,714,094 Patrick Spence 75,640,787 18,219,558 13,714,094”

Bracken Darrell was appointed as Director at Sonos Inc.

“On February 12, 2024, the board of directors (the “Board”) of Sonos, Inc. (“Sonos” or the "Company") increased the size of the Board from seven to eight members and appointed Bracken Darrell as a new member, effective immediately.”

Sonos Inc reported first fiscal quarter ended December 30, 2023 results: revenue $612.9 million, net income $80.9 million, EPS $0.64.

“Inc. (Nasdaq: SONO) today reported first quarter fiscal 2024 results. First Quarter Fiscal 2024 Financial Highlights (unaudited) ● Revenue decreased 8.9% year-over-year to $612.9 million; on a constant-currency basis, revenue decreased 10.5% year-over-year ● Gross margin increased 374 basis points year-over-year to 46.1% ● GAAP net income of $80.9 million”

Jonathan Mildenhall was appointed as Class III director at Sonos Inc.

“appointed Jonathan Mildenhall as a new member, effective January 25, 2024.”

Eddie Lazarus was appointed as Chief Strategy Officer at Sonos Inc.

“In connection with Ms. Casey’s appointment as CFO, on January 3, 2024, the Company determined Eddie Lazarus would no longer serve as CFO and appointed Mr. Lazarus as Chief Strategy Officer, each effective as of the Effective Date.”

Saori Casey was appointed as Chief Financial Officer at Sonos Inc.

“On January 3, 2024, Sonos, Inc. (the “Company”) appointed Saori Casey as Chief Financial Officer (“CFO”) and principal financial officer, effective as of January 22, 2024 (the “Effective Date”).”

Sonos Inc reported financial results for fourth fiscal quarter and fiscal year ended September 30, 2023.

“Sonos, Inc. (the "Company") issued a press release announcing its financial results for its fourth fiscal quarter and fiscal year ended September 30, 2023.”

Deirdre Findlay was appointed as Chief Commercial Officer at Sonos Inc.

“Deirdre Findlay has been appointed as the Company’s Chief Commercial Officer, effective October 16, 2023.”

Deirdre Findlay resigned as Director at Sonos Inc.

“Ms. Findlay resigned from the Board of Directors of the Company (the “Board”), effective October 3, 2023.”

Panos Panay resigned as Director at Sonos Inc.

“On September 27, 2023, Panos Panay informed the Board of Directors (the “Board”) of Sonos, Inc. (the “Company”) of his resignation as a member of the Board and the Audit Committee of the Board, effective immediately.”

Sonos Inc reported third fiscal quarter ended July 1, 2023 results: revenue $373.4 million, net income $23.6 million, EPS $0.18.

“- 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”

Sonos Inc announced a restructuring with charges of approximately $11 to $14 million (approximately 7% of our employees).

“The Company estimates that it will incur approximately $11 to $14 million of restructuring and related charges, of which $9 to $11 million is related to employee severance and benefits costs.”

Sonos Inc reported second fiscal quarter ended April 1, 2023 results: revenue $304.2 million, net income $(30.7) million, EPS $(0.24).

“- Sonos, Inc. (Nasdaq: SONO) today reported second quarter fiscal 2023 results. Second Quarter 2023 Financial Highlights (unaudited) ● Revenue decreased 23.9% year-over-year to $304.2 million; on a constant-currency basis, revenue decreased 22.4% year-over-year ● Gross margin decreased 150 basis points year-over-year to 43.3% ● GAAP net loss of $(30.7) million”

Sonos Inc shareholders approved Advisory Vote to Approve Named Executive Officer Compensation at the 2023-03-09 meeting.

“Proposal Three — Advisory Vote to Approve Named Executive Officer Compensation The Company’s stockholders approved, on an advisory basis, the compensation of the Company's named executive officers as described in the Company's definitive proxy statement filed with the Securities and Exchange Commission on January 19, 2023 by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 89,323,976 3,195,411 359,235 11,549,835”

Sonos Inc shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-03-09 meeting.

“Proposal Two — Ratification of Appointment of Independent Registered Public Accounting Firm The Company’s stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2023 by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 103,446,564 580,050 401,843 —”

Sonos Inc shareholders approved Election of three Class II directors at the 2023-03-09 meeting.

“Proposal One — Election of Directors The Company’s stockholders approved the election of three Class II directors to the Company’s Board of Directors for three year terms or until their respective successors are elected and qualified or until their earlier resignation or removal, by the following votes: Nominee Votes For Votes Withheld Broker Non-Votes Thomas Conrad 90,599,046 2,279,576 11,549,835 Julius Genachowski 67,826,924 25,051,698 11,549,835 Michelangelo Volpi 68,383,667 24,494,955 11,549,835”

Sonos Inc reported first quarter fiscal 2023 ended December 31, 2022 results: revenue $672.6 million, net income $75.2 million, EPS $0.57. Guidance reaffirmed.

“First Quarter 2023 Financial Highlights (unaudited) ● Revenue increased 1.2% year-over-year to $672.6 million; on a constant-currency basis, revenue increased approximately 7.0% year-over-year ● Gross margin decreased 540 basis points year-over-year to 42.4% ● GAAP net income of $75.2 million compared to $123.5 million last year ○ GAAP diluted earnings per share (EPS) of $0.57 compared to $0.87 last year”

Matthew Siegel departed as Chief Commercial Officer at Sonos Inc.

“On January 18, 2023, Matthew Siegel, Chief Commercial Officer, informed Sonos, Inc. (the “Company”) that he is resigning from his role, effective February 17, 2023.”

Sonos Inc reported the fourth fiscal quarter ended October 1, 2022 results: revenue $316.3 million, net income $(64.1) million, EPS $(0.50).

“● Revenue decreased 12.0% year-over-year to $316.3 million; on a constant-currency basis, revenue decreased approximately 6.6% year-over-year ● Gross margin decreased 720 basis points year-over-year to 39.2% ● GAAP net (loss) of $(64.1) million compared to $(8.7) million last year ○ GAAP diluted (loss) per share of $(0.50) compared to $(0.07) last year”

Sonos Inc reported the fiscal year ended October 1, 2022 results: revenue $1,752.3 million, net income $67.4 million, EPS $0.49.

“● Revenue increased 2.1% year-over-year to $1,752.3 million; on a constant-currency basis, revenue increased approximately 4.9% year-over-year ● Gross margin decreased (180) basis points year-over-year to 45.4% ● GAAP net income of $67.4 million compared to $158.6 million last year ○ GAAP diluted earnings per share (EPS) of $0.49 compared to $1.13 last year”

Eddie Lazarus was appointed as Chief Financial Officer at Sonos Inc.

“On November 15, 2022, the Company appointed Eddie Lazarus, Interim Chief Financial Officer and Chief Legal Officer, as Chief Financial Officer of the Company, effective immediately.”

Eddie Lazarus was appointed as Interim Chief Financial Officer at Sonos Inc.

“Eddie Lazarus, Chief Legal Officer, has been appointed as Interim Chief Financial Officer”

Brittany Bagley resigned as Chief Financial Officer at Sonos Inc.

“Brittany Bagley has resigned as Chief Financial Officer of the Company”

Eddie Lazarus was appointed as Interim Chief Financial Officer at Sonos Inc.

“As previously disclosed, the Company has appointed Eddie Lazarus, Chief Legal Officer, as Interim Chief Financial Officer of the Company and principal financial officer of the Company, effective September 1, 2022.”

Eddie Lazarus was appointed as Interim Chief Financial Officer at Sonos Inc.

“On August 9, 2022, the Company appointed Eddie Lazarus, Chief Legal Officer of the Company, as Interim Chief Financial Officer, effective September 1, 2022.”

Brittany Bagley resigned as Chief Financial Officer at Sonos Inc.

“On August 5, 2022, Brittany Bagley notified the Company that she is resigning as Chief Financial Officer of the Company, effective as of September 1, 2022, to pursue another professional opportunity.”