Companies /Technology

Sonos Inc

NASDAQ: SONO Consumer Electronics
$15.98
▲ $0.84 (+5.52%) today
Markets closed · 8:43am ET

Q4 2025 Earnings

Reported Nov 5, 2025, 8:06am ET · SEC source
$-0.06
Miss −220.00%
EPS · est. $0.05
$287.9M
Beat +4.38%
Revenue · est. $275.8M
+13.5%
Beating market
SONO vs S&P since report
1 quarter
Consecutive EPS beats

Market Reaction

% change · around the report
0+6%+12%+18%Nov 5Nov 6report 8:06am ETearnings−0.2%+5.0%
0+6%+12%+18%Nov 5Nov 6earnings−0.2%+5.0%
SONO +5.0%S&P 500 −0.2%
0+7%+14%+21%Nov 5Nov 6report 8:06am ETearnings−0.4%+5.0%
0+7%+14%+21%Nov 5Nov 6earnings−0.4%+5.0%
SONO +5.0%NASDAQ −0.4%
−8%−4%0Nov 4Nov 13report 8:06am ETearnings+0.5%−4.9%
−8%−4%0Nov 4Nov 13earnings+0.5%−4.9%
SONO −4.9%S&P 500 +0.5%
−8%−4%0Nov 4Nov 13report 8:06am ETearnings−0.7%−4.9%
−8%−4%0Nov 4Nov 13earnings−0.7%−4.9%
SONO −4.9%NASDAQ −0.7%
+1.40%
Day of report
−2.10%
Next session
+2.82%
One week
+14.36%
30 days

S&P 500 over the same 30 days: +0.89%.

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 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

“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.”

Sonos CEO, on the earnings call

Forward Guidance & Outlook

The company stated it will provide guidance on its Fourth Quarter and Fiscal 2025 earnings call. CFO Saori Casey noted that entering Fiscal 2026, the company will remain disciplined as it focuses on returning to durable top-line growth, balancing continued profitability improvements with reinvesting efficiency gains.

SONO YoY Financials

Q4 2025 vs Q4 2024 · SEC filings Q4 2024 Q4 2025
$0$100.0M$200.0M$300.0M$255.4M$287.9MRevenue$103.0M$125.8MGross Profit$-22,878,324$-34,409,000Operating Income$-29,417,981$-37,858,000Net Income
$0$100.0M$200.0M$300.0MRevenueGross ProfitOperating IncomeNet Income

SONO Revenue by Segment

Sonos Speakers$206.5M
Sonos System Products$65.2M
Partner Products and Other Revenue$16.2M

SONO Revenue by Geography

Americas$191.9M
EMEA$77.5M
Asia Pacific$18.5M

Figures from SEC filings and company reports. Not investment advice.