SONO topped fiscal Q3 estimates as speaker demand, overseas growth and cost control lifted sales, margins and adjusted EBITDA.
Sonos, Inc. (SONO) Q3 2026 Earnings Call Transcript
Sonos NASDAQ: SONO reported third-quarter fiscal 2026 revenue of $375 million, up 9% from a year earlier and near the high end of its guidance range, as growth in Asia-Pacific and Europe, the Middle East and Africa offset more modest gains in the Americas.
Sonos (SONO) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.19 per share a year ago.
Sonos (SONO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
I work from home, so I typically listen to audio through headphones or AirPods. But I've always wanted a desk speaker that doesn't take up too much space, which made the new Sonos Play a fitting first Sonos product to review.
Sonos faces gross margin pressure from surging memory prices, but I reiterate my 'Buy' rating, viewing recent downside as short-term noise. SONO is actively mitigating memory cost headwinds via tariff refunds, engineering redesigns, and disciplined opex management, without resorting to price hikes. Strong Q2 results: revenue grew 8% y/y to $281.5 million, beating expectations and supporting management's confidence in accelerating growth for 2H FY26.
SONO posts Q2 revenue growth and narrower loss, as improving trends and strong execution mark a key turnaround for SONO.
Sonos, Inc. (SONO) Q2 2026 Earnings Call Transcript
Sonos (SONO) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to a loss of $0.18 per share a year ago.
SONO heads into Q2 with a modest growth outlook, but tariff pressures, rising costs and lack of new product contributions may weigh on performance.
Sonos launches Sonos Play portable speaker and Era 100 SL mic-free model, with pre-orders open and broader availability set for March 31.