Sleep Number CorpSNBREarnings & Financial Report
Sleep Number Corporation is an American manufacturer that makes the Sleep Number and Comfortaire beds as well as foundations and bedding accessories. The company is based in Minneapolis, Minnesota. In addition to its Minnesota headquarters, Sleep Number has manufacturing and distribution facilities in South Carolina and Utah.
SNBR Q1 FY2026 Key Financial Metrics
Revenue
$347.4M
Gross Profit
$193.3M
Operating Profit
$-46.6M
Net Profit
$-58.5M
Gross Margin
55.6%
Operating Margin
-13.4%
Net Margin
-16.8%
YoY Growth
-7.8%
EPS
$-2.55
Sleep Number Corp Q1 FY2026 Financial Summary
Sleep Number Corp reported revenue of $347.4M (down 7.8% YoY) for Q1 FY2026, with a net profit of $-58.5M (down 549.0% YoY) (-16.8% margin). Cost of goods sold was $154.1M, operating expenses totaled $239.9M.
Key Financial Metrics
| Total Revenue | $347.4M |
|---|---|
| Net Profit | $-58.5M |
| Gross Margin | 55.6% |
| Operating Margin | -13.4% |
| Report Period | Q1 FY2026 |
Sleep Number Corp Annual Revenue by Year
Sleep Number Corp annual revenue history includes year-by-year totals (for example, 2024 revenue was $1.7B).
Sleep Number Corp Quarterly Revenue & Net Profit History
Sleep Number Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $347.4M | -7.8% | $-58.5M | -16.8% |
| Q3 FY2025 | $342.9M | -19.6% | $-39.8M | -11.6% |
| Q2 FY2025 | $327.9M | -19.7% | $-25.0M | -7.6% |
| Q1 FY2025 | $393.3M | -16.4% | $-8.6M | -2.2% |
| Q4 FY2024 | $376.8M | -12.3% | $-4.7M | -1.2% |
| Q3 FY2024 | $426.6M | -9.7% | $-3.1M | -0.7% |
| Q2 FY2024 | $408.4M | -11.0% | $-5.1M | -1.2% |
| Q1 FY2024 | $470.4M | -10.7% | $-7.5M | -1.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $470.4M | $408.4M | $426.6M | $376.8M | $393.3M | $327.9M | $342.9M | $347.4M |
| YoY Growth | -10.7% | -11.0% | -9.7% | -12.3% | -16.4% | -19.7% | -19.6% | -7.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $908.5M | $883.6M | $864.7M | $860.8M | $836.8M | $804.5M | $749.4M | $680.1M |
| Liabilities | $1.35B | $1.33B | $1.31B | $1.31B | $1.29B | $1.29B | $1.27B | $1.26B |
| Equity | $-445.9M | $-447.0M | $-448.8M | $-451.6M | $-456.8M | $-480.7M | $-521.3M | N/A |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $33.7M | $-10.2M | $27.3M | $-23.7M | $-2.6M | $3.8M | $-6.4M |