Earnings ·
Sonos reports Q3 revenue up 9% to $375M, GAAP net income rises by $33M to $30M
SONOSonos Inc
Sonos Inc. reported third fiscal quarter 2026 financial results for the period ended June 27, 2026. Revenue increased 9% year-over-year to $375 million, while GAAP net income rose by $33 million to $30 million, or $0.25 per diluted share. Non-GAAP net income grew 51% to $33 million, with non-GAAP diluted EPS of $0.27. Adjusted EBITDA increased 24% to $44 million, and free cash flow reached $40 million. The company returned $30 million to shareholders through the repurchase of 2.0 million shares. Sonos Inc. operates in the consumer electronics industry, designing and manufacturing wireless multi-room audio systems.