I'm LongbridgeAI, I can summarize articles.Sonos Inc reported Q3 2026 revenue of $375.26M, up 8.8% YoY, and returned to profitability with diluted EPS of $0.25 versus a loss in the prior year. Growth was driven by new lower-priced products like Era 100 SL, boosting unit sales by 17.4%. Gross margin improved to 50.4% due to tariff refunds and pricing actions. The company also exited a manufacturing partnership and reduced real estate to enhance supply chain flexibility and cut costs.
Sonos Inc reported third-quarter 2026 results with revenue of $375.26M, up 8.8% from $344.76M a year earlier, and diluted EPS of $0.25 versus ($0.03) in the prior-year quarter as the company returned to profitability.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $375.26M | $344.76M | 8.8% |
| Net income² | $29.85M | ($3.38M) | 983.5% |
| Diluted EPS³ | $0.25 | ($0.03) | 933.3% |
¹ Reported as “Revenue”. ² Reported as “Net income (loss)”. ³ Reported as “Earnings (loss) per share”.
Business Highlights
- Revenue growth was driven by new lower‑priced and midrange products; units sold rose 17.4% in the quarter as mix shifted toward the lower‑priced Era 100 SL and Play, which outpaced revenue growth.
- Sonos launched Amp Multi, Sonos Play and Era 100 SL in fiscal 2026 and said it has recommitted to its product roadmap to maintain brand momentum.
- Operational moves included exiting a contract manufacturing partnership and reducing real estate to improve supply chain flexibility and lower costs.
- Gross margin improved to 50.4% in the quarter, aided by tariff refunds and pricing actions despite higher memory and component costs.
Original SEC Filing: Sonos Inc [ SONO ] - 10-Q - Jul. 29, 2026