Sonos Inc

Sonos reported a net income of $64.9 million on revenue of $827.2 million for the six months ended March 28, 2026, a significant improvement from a net loss in the prior year period. For the second fiscal quarter, the company posted a net loss of $28.9 million on revenue of $281.5 million, which was a substantial reduction in loss compared to the previous year. The company also repurchased $64.8 million in common stock and provided updates on ongoing legal proceedings, including favorable developments in its patent disputes with Google and potential recovery of $40 million in tariffs.

Sonos, Inc. reported its Second Fiscal Quarter 2026 results, showing an 8% year-over-year revenue increase to $282 million and achieving its first positive Q2 Adjusted EBITDA in four years. The company also announced the appointment of Frank Barbieri as Chief Operating Officer, effective May 4, 2026, with Eddie Lazarus transitioning to solely Chief Legal Officer. These changes mark a significant leadership adjustment alongside a reported return to growth and improved financial performance in the first half of fiscal 2026.