Sonos Reports Fourth Quarter and Fiscal 2026 Financial Results

For the full fiscal year 2026, Sonos reported revenue of $1,547 million, representing a 7% year-over-year increase, with GAAP net income reaching $90 million. In the fourth quarter, revenue grew 20% to $344 million, while the company's GAAP net loss narrowed to $5 million. Non-GAAP net income for the full fiscal year surged 92% year-over-year to $150 million, supported by a 39% increase in performance. The company also provided fiscal 2027 guidance, projecting revenue growth of 10-15% and adjusted EBITDA growth of 12.5-17.5% compared to fiscal 2026. Additionally, Sonos announced a definitive agreement to acquire Disruptive Technologies (DT) for $130 million in cash, with the transaction expected to close before November 30, 2026, subject to regulatory approval.