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Sonos (SONO) Q4 FY25 earnings results (fourth quarter fiscal 2025)

10-K filed Nov 14, 2025

Sonos (SONO) reported revenue of $288M for the fourth quarter fiscal 2025 (Q4 FY25), +13% from a year earlier and -16% from the quarter before. Operating margin was -12.0%, net loss $37.9M (13.1% of revenue).

Revenue$288M
Year over year+13%
Quarter over quarter-16%
Operating margin-12.0%
Net earnings−$37.9M

Sonos, Q4 FY25: revenue $288M (+13% year over year), operating margin -12.0%, net loss $37.9M, operating cash flow $2.9M. The chart follows the revenue to costs, profit and cash.

Q4 FY25AmountQ/QY/Y
Revenue$288M-16%+13%
Operating profit−$34.4M——
Net earnings−$37.9M——
Operating cash flow$2.9M-92%—

What changed

Revenue was $287.9M in Q4 FY25, up 13% year over year and down 16% from the previous quarter. Sonos speakers was the largest line at 72% of revenue.

Gross margin was 43.7%, up 3.4 points from Q4 FY24. Operating costs exceeded revenue by $34.4M, an operating margin of -12.0%. Operating expenses fell 7% while revenue rose 13%. The quarter ended with a net loss of $37.9M, wider than the previous quarter's $3.4M loss.

Operating cash flow was $2.9M. Non-cash charges added back $13.7M of depreciation and amortization and $16.8M of share-based compensation. Working capital and other items added $10.3M. Capital expenditures of $5.3M exceeded it, leaving free cash flow of −$2.3M.

Questions

What was Sonos' revenue in the fourth quarter fiscal 2025?

Sonos (SONO) reported revenue of $288M for the fourth quarter fiscal 2025 (Q4 FY25), +13% from a year earlier and -16% from the quarter before.

Was Sonos profitable in the fourth quarter fiscal 2025?

Operating loss was $34.4M (-12.0% of revenue) and net loss $37.9M.

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Source: Sonos 10-K on SEC EDGAR.