Sonos beat on sales and earnings last night, and reported tremendous free cash flow in Q1. One point of concern: Sonos dramatically slashed its R&D budget.
Sonos is positioned for a rebound, with new products, strong profitability, and an undemanding valuation after a challenging year. SONO's cost-cutting initiatives have driven a 45% y/y surge in adjusted EBITDA, despite modest revenue declines and industry headwinds. Upcoming product launches and favorable comps are expected to reignite revenue growth in the back half of FY26.
SANTA BARBARA, Calif.--(BUSINESS WIRE)---- $SONO--Sonos, Inc. (Nasdaq: SONO) today reported First Quarter Fiscal 2026 results. “Fiscal 2026 is off to a good start for Sonos as we make progress toward a return to growth,” said Tom Conrad, Chief Executive Officer of Sonos. “We're focused on coordinated execution across the growth dimensions that matter, from product and software to marketing and ...
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos announced Amp Multi, a multi-channel streaming amplifier designed to make complex residential audio installations simpler and more scalable.
SANTA BARBARA, Calif.--(BUSINESS WIRE)---- $SONO--Sonos, Inc. (Nasdaq: SONO) today announced that after market close on Tuesday, February 3, 2026 the company will report financial results for the first quarter ended December 27, 2025. The company will issue a press release and accompanying slide presentation at that time which will be accessible at https://investors.sonos.com/reports-and-filing...
SANTA BARBARA, Calif.--(BUSINESS WIRE)---- $SONO--Sonos, Inc. (Nasdaq: SONO) today announced the appointment of Carmine Arabia, Mandy Fields and Joe Kennedy to its Board of Directors. The additions strengthen the Board with deep operating, financial, and technology platform expertise as Sonos enters its next phase of growth. “These three leaders bring impressive and highly complementary experie...
SANTA BARBARA, Calif.--(BUSINESS WIRE)---- $SONO--Sonos, Inc. (Nasdaq: SONO) today announced that Tom Conrad, Chief Executive Officer, will participate in a fireside chat with Raymond James analyst Joe Altobello at the Raymond James TMT & Consumer Conference on Monday, December 8. The fireside chat will begin at 3:40 pm Eastern. A live webcast and replay of the fireside chat will be accessible ...
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