SNBR · Sleep Number Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.41B | $1.68B | $1.89B | $2.11B | $2.18B | $1.86B |
| Cost of Revenue | $578.50M | $679.52M | $798.95M | $912.00M | $866.10M | $700.55M |
| Gross Profit | $832.95M | $1.00B | $1.09B | $1.20B | $1.32B | $1.16B |
| R&D | $33.94M | $45.26M | $55.80M | $61.52M | $58.54M | $40.91M |
| SG&A | $130.67M | $149.96M | $146.62M | $153.27M | $161.41M | $159.00M |
| Total Operating Expenses | $879.54M | $979.90M | $1.07B | $1.13B | $1.13B | $971.10M |
| D&A | $55.61M | $66.35M | $74.04M | $67.40M | $60.39M | $61.56M |
| Operating Income | ($46.59M) | $22.87M | $22.94M | $67.88M | $193.54M | $184.90M |
| Interest Expense | $49.38M | $18.98M | - | - | - | - |
| Income Tax | $35.98M | ($5.16M) | ($4.47M) | $12.29M | $33.55M | $36.78M |
| Net Income | ($131.96M) | ($20.33M) | ($15.30M) | $36.60M | $153.70M | $139.19M |
| EPS - Basic | ($5.77) | ($0.90) | ($0.68) | $1.63 | $6.40 | $5.03 |
| EPS - Diluted | ($5.77) | ($0.90) | ($0.68) | $1.60 | $6.16 | $4.90 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.69M | $1.95M | $2.54M | $1.79M | $2.39M | $4.24M |
| Accounts Receivable | $15.50M | $17.52M | $26.86M | $26.00M | $25.72M | $31.87M |
| Inventory | $82.23M | $103.15M | $115.43M | $114.03M | $105.64M | $81.36M |
| Accounts Payable | $117.98M | $107.62M | $135.90M | $176.21M | $162.55M | $91.90M |
| Current Assets | $149.96M | $181.28M | $206.13M | $197.76M | $207.62M | $181.80M |
| Total Assets | $680.06M | $860.81M | $950.88M | $953.94M | $919.54M | $800.14M |
| Current Liabilities | $912.55M | $908.01M | $936.07M | $929.81M | $906.78M | $655.94M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $1.26B | $1.31B | $1.39B | $1.39B | $1.34B | $1.02B |
| Stockholders' Equity | ($578.48M) | ($451.59M) | ($441.93M) | ($438.18M) | ($424.95M) | $89.16M |
| Retained Earnings | ($611.16M) | ($479.20M) | ($458.87M) | ($443.58M) | ($429.15M) | ($224.23M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($3.28M) | $27.14M | ($9.03M) | $36.14M | $300.01M | $279.66M |
| Investing Cash Flow | ($17.69M) | ($26.29M) | ($58.35M) | ($70.61M) | ($66.64M) | ($39.02M) |
| Financing Cash Flow | $20.71M | ($1.44M) | $68.13M | $33.87M | ($235.22M) | ($237.99M) |
| CapEx | $14.41M | $23.50M | $57.06M | $69.45M | $66.90M | $37.10M |
| Free Cash Flow | ($17.69M) | $3.64M | ($66.08M) | ($33.32M) | $233.11M | $242.56M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 59.0% | 59.6% | 57.7% | 56.9% | 60.4% | 62.3% |
| Operating margin | -3.3% | 1.4% | 1.2% | 3.2% | 8.9% | 10.0% |
| EBITDA margin | 0.6% | 5.3% | 5.1% | 6.4% | 11.6% | 13.3% |
| Net margin | -9.3% | -1.2% | -0.8% | 1.7% | 7.0% | 7.5% |
| Free cash flow margin | -1.3% | 0.2% | -3.5% | -1.6% | 10.7% | 13.1% |
| FCF / Net income | 0.13 | -0.18 | 4.32 | -0.91 | 1.52 | 1.74 |
| R&D / Revenue | 2.4% | 2.7% | 3.0% | 2.9% | 2.7% | 2.2% |
| SG&A / Revenue | 9.3% | 8.9% | 7.8% | 7.2% | 7.4% | 8.6% |
| Effective tax rate | - | - | - | 25.1% | 17.9% | 20.9% |
| Return on assets | -19.4% | -2.4% | -1.6% | 3.8% | 16.7% | 17.4% |
| Return on equity | 22.8% | 4.5% | 3.5% | -8.4% | -36.2% | 156.1% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 0.16 | 0.20 | 0.22 | 0.21 | 0.23 | 0.28 |
| Quick ratio | 0.07 | 0.09 | 0.10 | 0.09 | 0.11 | 0.15 |
| Cash ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -0.9x | 1.2x | - | - | - | - |
| Equity multiplier | -1.18 | -1.91 | -2.15 | -2.18 | -2.16 | 8.97 |
| Liabilities / Assets | 1.85 | 1.52 | 1.46 | 1.46 | 1.46 | 1.28 |
| Efficiency | ||||||
| Asset turnover | 2.08 | 1.95 | 1.98 | 2.22 | 2.38 | 2.32 |
| Inventory turnover | 7.03 | 6.59 | 6.92 | 8.00 | 8.20 | 8.61 |
| Days sales outstanding | 4d | 4d | 5d | 4d | 4d | 6d |
| Days inventory outstanding | 52d | 55d | 53d | 46d | 45d | 42d |
| Days payable outstanding | 74d | 58d | 62d | 71d | 69d | 48d |
| Cash conversion cycle | -19d | 1d | -4d | -20d | -20d | 1d |
| Valuation | ||||||
| P / E | - | - | - | 16.2x | 12.4x | 16.7x |
| P / B | - | - | - | - | - | 26.1x |
| P / S | 0.1x | 0.2x | 0.2x | 0.3x | 0.9x | 1.3x |
| EV / EBITDA | 21.6x | 3.8x | 3.4x | 4.4x | 7.5x | 9.4x |
| Growth | ||||||
| Revenue growth (YoY) | -16.1% | -10.9% | -10.7% | -3.2% | 17.7% | 9.3% |
| Revenue CAGR (3y) | -12.6% | -8.3% | 0.6% | 7.6% | 18.6% | 8.7% |
| Revenue CAGR (5y) | -5.3% | -0.2% | 7.6% | 7.9% | 10.8% | 8.9% |
| Gross profit growth (YoY) | -16.9% | -7.9% | -9.5% | -8.8% | 14.1% | 9.9% |
| Operating income growth (YoY) | - | -0.3% | -66.2% | -64.9% | 4.7% | 64.9% |
| Net income growth (YoY) | -549.0% | -32.9% | - | -76.2% | 10.4% | 70.1% |
| EPS growth (YoY) | -541.1% | -32.4% | - | -74.0% | 25.7% | 81.5% |
| EPS CAGR (3y) | - | - | - | -16.0% | 47.5% | 46.8% |
| EPS CAGR (5y) | - | - | - | 0.6% | 41.1% | 38.3% |
| FCF growth (YoY) | - | - | -98.4% | - | -3.9% | 86.7% |
| FCF CAGR (5y) | - | -51.1% | - | - | 20.0% | 61.1% |
| Book value growth (YoY) | -28.1% | -2.2% | -0.9% | -3.1% | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-03.
Business segments
$1.41B totalReportable Segment$1.41B · 100.0%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
0.10
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
2/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Household Furniture
Comparing Sleep Number Corp against the 5 most active filers in the same SIC group.