--- title: "Sonos | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 281.53 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285115174.md" datetime: "2026-05-04T20:16:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285115174.md) - [en](https://longbridge.com/en/news/285115174.md) - [zh-HK](https://longbridge.com/zh-HK/news/285115174.md) --- # Sonos | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 281.53 M Revenue: As of FY2026 Q2, the actual value is USD 281.53 M, beating the estimate of USD 267.72 M. EPS: As of FY2026 Q2, the actual value is USD -0.24, beating the estimate of USD -0.245. EBIT: As of FY2026 Q2, the actual value is USD -33.38 M. #### Second Quarter Fiscal 2026 Financial Highlights - **Gross Margin**: GAAP gross margin was 44.3%, and Non-GAAP gross margin was 46.0%. - **Net Loss**: GAAP net loss improved by $41 million year-over-year to - $29 million, with the detailed GAAP net loss being - $28,886 thousand for the three months ended March 28, 2026, compared to - $70,144 thousand for the same period in 2025. Non-GAAP net loss improved by $19 million year-over-year to - $3 million. - **Adjusted EBITDA**: Adjusted EBITDA increased by $3 million year-over-year to $2 million, specifically $1,717 thousand for the three months ended March 28, 2026, compared to - $826 thousand for the same period in 2025. - **Operating Expenses**: Total GAAP operating expenses were $156,224 thousand for the three months ended March 28, 2026, a decrease from $174,833 thousand in the prior year period. Research and development expenses were $64,134 thousand, sales and marketing expenses were $62,376 thousand, and general and administrative expenses were $29,714 thousand for the three months ended March 28, 2026. - **Operating Loss**: GAAP operating loss improved to - $31,575 thousand for the three months ended March 28, 2026, from - $61,224 thousand in the prior year period. #### First Half Fiscal 2026 Financial Highlights - **Gross Margin**: GAAP gross margin was 45.7%, and Non-GAAP gross margin was 47.0%. - **Net Income**: GAAP net income improved by $85 million year-over-year to $65 million, with the detailed GAAP net income being $64,912 thousand for the six months ended March 28, 2026, compared to - $19,907 thousand for the same period in 2025. Non-GAAP net income improved by $49 million year-over-year to $113 million. - **Adjusted EBITDA**: Adjusted EBITDA increased by $44 million year-over-year to $134 million, specifically $133,856 thousand for the six months ended March 28, 2026, compared to $90,347 thousand for the same period in 2025. - **Operating Expenses**: Total GAAP operating expenses were $309,269 thousand for the six months ended March 28, 2026, a decrease from $368,147 thousand in the prior year period. Research and development expenses were $123,896 thousand, sales and marketing expenses were $127,650 thousand, and general and administrative expenses were $57,723 thousand for the six months ended March 28, 2026. - **Operating Income**: GAAP operating income was $68,840 thousand for the six months ended March 28, 2026, compared to an operating loss of - $13,131 thousand in the prior year period. #### Cash Flow - **Net Cash Provided by Operating Activities**: For the six months ended March 28, 2026, net cash provided by operating activities was $97,933 thousand, compared to $96,507 thousand for the six months ended March 29, 2025. - **Free Cash Flow**: Free cash flow was - $70,150 thousand for the three months ended March 28, 2026, and $87,199 thousand for the six months ended March 28, 2026. This compares to - $65,222 thousand and $77,845 thousand for the respective periods in the prior year. #### Revenue by Product Category - **Three Months Ended March 28, 2026**: - Sonos speakers: $210,018 thousand. - Sonos system products: $52,411 thousand. - Partner products and other revenue: $19,097 thousand. - **Six Months Ended March 28, 2026**: - Sonos speakers: $669,258 thousand. - Sonos system products: $117,469 thousand. - Partner products and other revenue: $40,462 thousand. #### Revenue by Geographical Region - **Three Months Ended March 28, 2026**: - Americas: $180,608 thousand. - Europe, Middle East and Africa: $83,161 thousand. - Asia Pacific: $17,757 thousand. - **Six Months Ended March 28, 2026**: - Americas: $509,485 thousand. - Europe, Middle East and Africa: $272,602 thousand. - Asia Pacific: $45,102 thousand. #### Outlook / Guidance Sonos, Inc. will provide guidance on its Second Quarter Fiscal 2026 earnings call. ### Related Stocks - [SONO.US](https://longbridge.com/en/quote/SONO.US.md) ## Related News & Research - [Sonos Appoints New COO Amid Strengthening Financial Performance](https://longbridge.com/en/news/285119789.md) - [Sonos (SONO) Swings To US$0.78 EPS In Q1 2026 Testing Bullish Profitability Narrative](https://longbridge.com/en/news/285393923.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Hafnia’s Q1 2026 Financial Results Presentation to Be Held on 27 May 2026 | HAFN Stock News](https://longbridge.com/en/news/287014236.md)