Sleep Number Corporation

SNBRQ Consumer Cyclical Furnishings Fixtures & Appliances

Sleep Number Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, down 16.1% from fiscal 2024. In the quarter to March 2026, revenue fell 18.9%, EPS fell 476.3% and free cash flow fell 82.6%, each against the same quarter a year earlier.

0.02 0.01 −33.33%
Market cap
$2.9M
P/E
0.0×
Fwd P/E
−0.3×
Dividend yield
—
F-score
2/9
Altman Z
−0.66
Beneish M
−3.55
Dividend safety
n/a

Insider Decisions trades per month

Total sells 0.70
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — 1 4 — — — —
Insider Ownership 17.97%

Capital & Financial Ratios $m

Market Cap 2.88
Revenue 1,337.18
Net Income (173.61)
Free Cash Flow (23.66)
Net Debt (1.48)
Current Ratio 0.15 (below 1: weak)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (0.29) (negative: loss-making)
P/S ratio 0.00
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth 82.83% (at or above 15%: strong)
Next Y EPS Growth 120.75% (at or above 15%: strong)
Next Y revenue growth (2.51%) (below 0%: weak)
Next 5Y EPS Growth 6.80%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 2.03%
10-year low 10-year high
EV/FCF against its own 10 years 4.20%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 3 2 2 1
Receivables 27 18 16 13
Inventory 115 103 82 78
Other 45 44 37 31
206 181 150 143
2023 2024 2025 Q'26
Payables 136 108 118 116
ST’ Debt — — — —
Other 62 56 46 44
936 908 913 932

Compound Annual Growth %

10y 5y 3y
Sales 1.52% (5.33%) (12.60%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 319 — — — —
’25 393 328 343 347 1,411
’24 470 408 427 377 1,682
’23 527 459 473 430 1,887
’22 527 549 541 498 2,114
’21 568 484 640 492 2,185
’20 473 285 531 568 1,857
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (8) — — — —
’25 (3) 4 (6) 2 (3)
’24 34 (10) 27 (24) 27
’23 19 0 13 (41) (9)
’22 25 4 51 (44) 36
’21 112 50 131 7 300
’20 85 2 200 (8) 280
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (13) — — — —
’25 (7) (3) (10) (1) (18)
’24 24 (15) 24 (30) 4
’23 3 (14) (5) (50) (66)
’22 5 (13) 35 (61) (33)
’21 100 29 114 (10) 233
’20 75 (10) 194 (18) 241
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (2.19) — — — —
’25 (0.38) (1.09) (1.73) (2.55) (5.77)
’24 (0.33) (0.22) (0.14) (0.21) (0.90)
’23 0.51 0.03 (0.10) (1.12) (0.68)
’22 0.09 1.54 0.22 (0.24) 1.60
’21 2.51 0.88 2.22 0.47 6.16
’20 1.36 (0.45) 1.79 2.19 4.90
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 14.28 18.89 26.22 30.70 15.27 72.72 23.61 9.00 8.13 3.49

Analyst estimates 2026–2028

Powerpack
High 28.34 38.85 41.05 52.15 90.00 151.44 80.77 41.61 20.75 19.13
People
People Employees 3,768 4,099 4,220 4,476 4,679 5,515 5,115 4,145 3,654 3,133
Revenue/emp, $m 0.35 0.35 0.36 0.38 0.40 0.40 0.41 0.46 0.46 0.45
Income, $m
Income, $m Revenue 1,311 1,444 1,532 1,698 1,857 2,185 2,114 1,887 1,682 1,411
Gross margin, % 61.78 62.12 60.59 61.94 62.27 60.36 56.87 57.67 59.61 59.01
EBT 76 91 87 101 176 187 49 (20) (25) (96)
EBT margin, % 5.79 6.30 5.65 5.92 9.48 8.57 2.31 (1.05) (1.52) (6.80)
Net income 51 65 70 82 139 154 37 (15) (20) (132)
Depreciation 57 61 62 62 62 60 67 74 66 56
Per share, $
Per share, $ Revenue 28.41 35.05 43.44 57.63 67.11 90.90 94.41 84.15 74.42 61.68
Earnings 1.11 1.58 1.97 2.78 5.03 6.40 1.63 (0.68) (0.90) (5.77)
Cash flow 3.29 4.19 3.73 6.42 10.11 12.48 1.61 (0.40) 1.20 (0.14)
Capex (1.25) (1.45) (1.28) (1.92) (1.41) (2.77) (3.10) (2.54) (1.03) (0.63)
Free cash flow 2.03 2.74 2.45 4.50 8.70 9.71 (1.49) (2.95) 0.17 (0.77)
Book value 3.47 2.16 (3.11) (5.41) (8.10) (17.68) (19.56) (19.70) (19.98) (25.28)
Shares, m 46 41 35 29 28 24 22 22 23 23
Valuation, ×
Valuation, × P/E 20.50 24.15 15.87 17.71 16.18 12.12 16.18 0.00 0.00 0.00
P/S 0.80 1.09 0.73 0.85 1.22 0.84 0.28 0.17 0.20 0.14
P/B 6.55 17.63 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EV/Sales 0.79 1.09 0.73 0.85 1.22 0.84 0.28 0.17 0.20 0.14
EV/FCF 11.06 13.90 12.94 10.94 9.32 7.95 (16.81) (4.65) 188.12 (8.72)
Cash, $m
Cash, $m Operating cash flow 152 173 132 189 280 300 36 (9) 27 (3)
Capex (58) (60) (45) (57) (39) (67) (69) (57) (23) (14)
Free cash flow 94 113 86 133 241 233 (33) (66) 4 (18)
Balance, $m
Balance, $m Working capital (87) (154) (338) (434) (474) (699) (732) (730) (727) (763)
Total debt 27 25 200 589 589 791 896 — — —
Net debt (12) (4) (2) (2) (4) (2) (2) (3) (2) (2)
Shareholders’ equity 160 89 (110) (159) (224) (425) (438) (442) (452) (578)
Returns, %
Returns, % ROA 10.73 14.01 14.76 12.83 17.33 17.88 3.91 (1.61) (2.24) (17.13)
ROIC 32.21 67.19 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ROE 26.87 52.17 (681.96) (60.86) (72.61) (47.38) (8.48) 3.47 4.55 25.62
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Mar 2026

Charts ten years each

Sleep Number Corporation vs peers in Furnishings Fixtures & Appliances (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
VIOT Viomi Technology Co., Ltd. Sponsored ADR $46.3M — (loss-making) 7.8× −44.49% (below 0%: shrinking) n/m −1,075.29% (below 0%: shrinking) 22.74% (6.52%) Compare
MWYN Marwynn Holdings, Inc. $39.0M — (loss-making) — +2,540.19% (above 0%: growing) n/m −245.64% (below 0%: shrinking) 21.57% (7.71%) Compare
CRWS Crown Crafts, Inc. $26.2M 5.1× 8.2× +8.32% (above 0%: growing) n/m +3.72% (above 0%: growing) 47.90% 16.69% Compare
EFOI Energy Focus, Inc. $18.2M — (loss-making) — (loss-making) +228.00% (above 0%: growing) n/m −280.93% (below 0%: shrinking) (6.80%) (23.15%) Compare
FGI FGI Industries Ltd. $14.5M — (loss-making) — (loss-making) +2.86% (above 0%: growing) n/m +22.78% (above 0%: growing) 33.44% 4.39% Compare
PRPL PURPLE INNOVATION, INC. $9.9M — (loss-making) — (loss-making) −6.50% (below 0%: shrinking) n/m +76.33% (above 0%: growing) 45.19% (4.32%) Compare
NCLX Northann Corp. $8.5M — (loss-making) — +44.33% (above 0%: growing) n/m −39.01% (below 0%: shrinking) (9.97%) (57.47%) Compare
SNBRQ Sleep Number Corporation $2.9M — (loss-making) — (loss-making) −18.89% (below 0%: shrinking) n/m −82.59% (below 0%: shrinking) 57.88% (11.55%)
AUVI Applied UV, Inc. $1.4M — (loss-making) — (loss-making) +55.46% (above 0%: growing) n/m +50.02% (above 0%: growing) 10.79% (140.15%) Compare
Median of peers $16.4M — — +26.33% — −17.64% 22.16% (7.11%)

All 31 Furnishings Fixtures & Appliances stocks →

Sleep Number Corporation (SNBRQ) key facts

  • Concern: Sleep Number Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, down 16.1% from fiscal 2024.
  • Concern: Sleep Number Corporation reported a net loss of $132.0 million, or a loss of $5.77 per share, for fiscal 2025.
  • Sleep Number Corporation (SNBRQ) is a Furnishings Fixtures & Appliances company in the Consumer Cyclical sector.
  • As of October 16, 2026, SNBRQ traded at $0.02, a market capitalization of $2.9 million.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.0× sales.
  • Return on equity was 25.6% and debt-to-equity 0.00.
  • Its Piotroski F-score is 2 out of 9 and its Altman Z-score is −0.66 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Sleep Number Corporation (SNBRQ) Latest News

22 Apr

Impact 4 · transcript
stockrow.com/SNBRQ · Data as of Mar 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com