Sonos Posts Q1 EPS Beat as Consumer Audio Market Eyes $412B by 2035
Sonos reported fiscal Q1 non-GAAP EPS of $0.93, beating consensus by 15 cents and up from $0.68 a year earlier. The U.S. consumer audio market is forecast to expand from $107.5 billion in 2025 to $412.1 billion by 2035, with soundbars growing fastest at a 16.85% CAGR.
1. Q1 Earnings Outperformance
Sonos delivered non-GAAP EPS of $0.93 in fiscal Q1 2026, surpassing the consensus estimate of $0.81 by 15 cents and increasing from $0.68 in Q1 2025.
2. Consumer Audio Market Outlook
The U.S. consumer audio market is projected to grow from $107.52 billion in 2025 to $412.08 billion by 2035, with headphones commanding 38.65% share while soundbars lead expansion at a 16.85% CAGR driven by wireless and smart device adoption.
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