Sonos, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $375.3M | $281.5M | $545.7M | $287.9M | $344.8M | $259.8M | $550.9M | $255.4M |
| Cost of Revenue | $186.0M | $156.9M | $292.2M | $162.1M | $195.0M | $146.1M | $309.5M | $152.4M |
| Gross Profit | $189.3M | $124.6M | $253.5M | $125.8M | $149.7M | $113.6M | $241.4M | $103.0M |
| Gross Margin | 50.4% | 44.3% | 46.5% | 43.7% | 43.4% | 43.7% | 43.8% | 40.3% |
| Operating Expenses | ||||||||
| Research & Development | $67.9M | $64.1M | $59.8M | $62.0M | $59.8M | $77.4M | $80.8M | $70.8M |
| SG&A Expense | $30.3M | $29.7M | $28.0M | $30.5M | $30.3M | $33.2M | $25.8M | $28.4M |
| Operating Income | $31.5M | $-31.6M | $100.4M | $-34.4M | $-2.9M | $-61.2M | $48.1M | $-69.4M |
| Operating Margin | 8.4% | -11.2% | 18.4% | -12.0% | -0.8% | -23.6% | 8.7% | -27.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $34.3M | $-31.1M | $102.1M | $-34.3M | $-813.0K | $-59.2M | $43.8M | $-62.3M |
| Income Tax Expense | $4.4M | $-2.2M | $8.3M | $3.5M | $2.6M | $11.0M | $-6.4M | $-9.2M |
| Net Income | $29.9M | $-28.9M | $93.8M | $-37.9M | $-3.4M | $-70.1M | $50.2M | $-53.1M |
| Net Margin | 8.0% | -10.3% | 17.2% | -13.1% | -1.0% | -27.0% | 9.1% | -20.8% |
| EPS (Basic) | $0.25 | $-0.24 | $0.78 | $-0.31 | $-0.03 | $-0.58 | $0.41 | $-0.43 |
| EPS (Diluted) | $0.25 | $-0.24 | $0.75 | $-0.30 | $-0.03 | $-0.58 | $0.40 | $-0.42 |
| Shares Outstanding (Basic) | 119.0M | 120.2M | 120.5M | 120.8M | 120.4M | 119.9M | 122.1M | 123.2M |
| Shares Outstanding (Diluted) | 121.0M | 120.2M | 124.7M | 120.8M | 120.4M | 119.9M | 124.7M | 123.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |