Sonos

Sonos (SONO) Q4 2025 Earnings

Reported Nov 5, 2025 at 8:06 AM ET · SEC Source

Q4 25 EPS

$-0.06

MISS 220.00%

Est. $0.05

Q4 25 Revenue

$287.9M

BEAT +4.38%

Est. $275.8M

vs S&P Since Q4 25

-29.6%

TRAILING MARKET

SONO -18.4% vs S&P +11.1%

Full Year 2025 Results

FY 25 EPS

$0.64

FY 25 Revenue

$1.44B

Market Reaction

Did SONO Beat Earnings? Q4 2025 Results

Sonos closed its fiscal fourth quarter with a revenue beat but a notable earnings miss, as ongoing restructuring costs clouded an otherwise improving top-line story. The premium audio company posted Q4 revenue of $287.90 million, up 12.7% year over y… Read more Sonos closed its fiscal fourth quarter with a revenue beat but a notable earnings miss, as ongoing restructuring costs clouded an otherwise improving top-line story. The premium audio company posted Q4 revenue of $287.90 million, up 12.7% year over year and near the high end of management's guidance, yet reported a non-GAAP loss per share of $0.06, falling well short of the $0.05 consensus estimate by 220.00%. The gap between operational progress and reported results traces directly to the transformation Sonos has been navigating, including a February 2025 restructuring that trimmed 12% of its workforce and generated $33.49 million in full-year charges. Speakers led the quarter with $206.48 million in category revenue, while the Americas contributed $191.90 million geographically. Despite the GAAP loss, adjusted EBITDA of $6.40 million exceeded guidance midpoint, signaling improving cost discipline. Looking ahead, Sonos guided fiscal Q1 2026 revenue between $510 million and $560 million, with CFO Saori Casey framing the path forward as a return to durable top-line growth balanced against continued profitability gains.

Key Takeaways

  • 13% year-over-year Q4 revenue growth near high end of guidance
  • Q4 Adjusted EBITDA of $6.4 million above midpoint of guidance
  • Sonos speakers drove Q4 revenue growth with $206.5 million
  • Transformation efforts yielding a leaner, more focused organization
  • Full-year Adjusted EBITDA grew significantly year over year to $132.3 million
  • Non-GAAP gross margin improved to 45.1% in Q4 from 41.0% a year ago
24/7 Wall St

SONO YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

SONO Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q2 26
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SONO Revenue by Geography

With YoY comparisons, source: SEC Filings

Q2 25 Q2 26

“Q4 marked a strong finish to a transitional year for Sonos. We restored the quality of our software, strengthened our leadership team, and refocused on the areas where we're truly differentiated. As we turn the page on a new chapter and lay the foundation for our next phase of growth, our strategy is clear: to unite every dimension of sound – through world-class hardware, software, and design – into one seamless platform for the home.”

— Tom Conrad, Q4 2025 Earnings Press Release