Sonos Q1 revenue falls to $551 million; GAAP net income drops to $50.2 million
Sonos reported first quarter fiscal 2025 revenue of $551 million, down from $613 million a year earlier, and GAAP net income of $50.2 million, down from $80.9 million. The company also disclosed a reorganization and reduction in force affecting about 12% of employees, with expected restructuring charges of $15 million to $18 million, mostly in the second quarter. Shareholders face lower reported profit and a restructuring charge, and the company will provide guidance only on its earnings call.
Key points
- Revenue of $551 million versus $613 million in the prior-year quarter; Americas revenue was $325 million versus $392 million
- GAAP diluted EPS of $0.40 versus $0.64 a year earlier; non-GAAP diluted EPS of $0.64 versus $0.84
- Expected restructuring and related charges of $15 million to $18 million, substantially all for employee severance and benefits, mostly in fiscal Q2 2025
- No numerical guidance in the release; the company will provide guidance on its first quarter earnings call
The filing
Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.