Sonos Results Presentation Deck

Q3 Highlights TE CON Q3 revenue of $372M, -2% from LY (+2% constant currency) driven by softer consumer demand, supply constraints, and unfavorable FX Q3 gross margin of 47.3%, +250 bps from Q2 driven primarily by timing of expenses related to higher component costs +30bps from LY driven by higher selling prices, partially offset by higher component costs Q3 adjusted EBITDA of $42.1M, -10% from LY driven by higher investments in the business and lower revenue Q3 adjusted EBITDA margin of 11.3% Note: Unaudited. See appendix for reconciliation of GAAP to non-GAAP measures.

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