Sonos Reports Q2 Fiscal 2025 Revenue Growth to $259.8M Despite Net Loss

Sonos Inc. reported its financial results for the second quarter of fiscal 2025, revealing a revenue of $259.8 million, a 2.8% increase from $252.7 million in the same period last year. However, the company experienced a net loss of $70.1 million, slightly higher than the loss of $69.7 million reported in the prior year. For the first half of the fiscal year, total revenue reached $810.6 million, down 6.3% from $865.5 million in the previous year, with a net loss of $19.9 million compared to a profit of $11.2 million in the same period last year.

The company’s financial performance was impacted by several factors, including a decline in sales of certain product lines and challenging market conditions. Sonos attributed the revenue growth in the latest quarter to the successful launch of new products, including the Arc Ultra soundbar and Ace headphones, which partially offset declines in sales of older models. The Americas region saw a revenue increase of 3.9%, while the Asia Pacific region reported an 8.0% rise, although the Europe, Middle East, and Africa (EMEA) region experienced a slight decline of 0.8%.

Operationally, Sonos has been undergoing significant restructuring efforts, including a workforce reduction of approximately 12% announced in February 2025, aimed at optimizing costs and enhancing long-term growth. The company reported a total of 120.1 million shares outstanding as of April 21, 2025, and has initiated stock repurchase programs totaling $350 million, with $60.6 million spent on repurchases in the first half of the fiscal year. The company’s cash and cash equivalents stood at $173.2 million, alongside marketable securities of $50.3 million.

Looking ahead, Sonos remains cautious about the macroeconomic environment, which includes inflationary pressures and geopolitical uncertainties that could affect consumer demand. The company is focused on managing expenses and leveraging its supply chain flexibility to navigate these challenges. Sonos expects to continue its product innovation and strategic initiatives to drive future growth, while also maintaining a commitment to improving operational efficiency.