Sonos FY26 Q3 net income swings to profit at USD 30 million; revenue rises 9% to USD 375 million

SONO•2026-07-29

Management commentary

CEO Tom Conrad said growth is accelerating and the company has a leaner cost base. CFO Saori Casey cited eight straight quarters of “disciplined execution.”

Shareholder returns and balance sheet update

The company returned USD 30 million to shareholders through repurchases of 2 million shares. Cash and cash equivalents rose to USD 207 million.

Sonos reports higher revenue and profit in fiscal Q3

Sonos said fiscal third-quarter revenue rose 9% year-over-year to USD 375 million, swinging to GAAP net income of USD 30 million.

GAAP gross margin widened 7 percentage points to 50.4%, including USD 23.2 million of IEEPA tariff refunds.

Adjusted EBITDA increased 24% to USD 44 million, while free cash flow climbed USD 8 million to USD 40 million.

Sonos FY26 Q3 net income swings to profit at USD 30 million; revenue rises 9% to USD 375 million

Management commentary

Shareholder returns and balance sheet update

Sonos reports higher revenue and profit in fiscal Q3

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