Sonos, Inc. (SONO) will report its second-quarter fiscal 2026 results on May 4, after market close. The company projects revenues between $250 million and $280 million, which corresponds to a year-over-year decline of up to 8%. The Zacks Consensus Estimate for revenues stands at $264.9 million, reflecting a 2% increase from the prior year, while the expected earnings loss is 4 cents per share, an improvement from a loss of 18 cents a year ago.
Shares of Sonos have decreased by 13.7% in the past six months compared to a 28.1% decline in the broader audio-video production industry. The anticipated GAAP gross margin for Q2 is projected to be between 44% and 46%, with operating expenses forecasted at $150 million to $160 million, indicating a decline of 11% year-over-year.
Key revenue estimates from product segments include $200 million from Sonos speakers, $51 million from system products, and $13.96 million from partner products. Despite challenges from new product contributions and tariff pressures, the company is focusing on expanding its direct-to-consumer channel and international growth.
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