Pavel Exner, Vladimir Lotoreichik A spectral isoperimetric inequality for cones (878K, Postscript) ABSTRACT. In this note we investigate three-dimensional Schr\"odinger operators with $\delta$-interactions supported on $C^2$-smooth cones, both finite and infinite. Our main results concern a Faber-Krahn-type inequality for the principal eigenvalue of these operators. The proofs rely on the Birman-Schwinger principle and on the fact that circles are unique minimisers for a class of energy functionals.