Sonos Reports Fourth Quarter and Fiscal 2026 Results
Business Wire•10/11/2026•16:01 ET
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Key Highlights
- ➤Fiscal 2026 revenue $1,547 million, up 7% year over year
- ➤Fiscal 2026 GAAP net income $90 million, up $151 million year over year
- ➤Fiscal 2026 Adjusted EBITDA $184 million, up 39% year over year
- ➤Fourth-quarter revenue $344 million, up 20% year over year
- ➤New common stock repurchase program authorized for up to $150 million
Expert Statements
Tom Conrad, Chief Executive Officer of Sonos
“We said Fiscal 2026 would be the year Sonos returned to growth, and we delivered. We grew in every region, delivered meaningfully higher profitability, and brought five new products to market. Underneath it all, the system strategy is working - every product improves those our customers already own, and with Sonos 27, that will keep getting stronger every year.”
Saori Casey, Chief Financial Officer of Sonos
“Fiscal 2026 demonstrated how much the earning power of Sonos has structurally improved. We grew revenue 7%, reduced Non-GAAP operating expenses 3% and grew Adjusted EBITDA 39% to $184 million, all while absorbing $56 million of higher memory costs. That’s the foundation we’re building on, and we’re actively managing the levers available to us to optimize our financial performance.”
Fiscal 2026 marks Sonos’ return to revenue growth, with significant GAAP Net Income improvement and Adjusted EBITDA growth of 39% year over year
Fourth quarter revenue grew double digits, with revenue, gross margin and Adjusted EBITDA above the midpoint of guidance range
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