Income Statement Sleep Number Corporation

Stocks

SNBRQ

US83125X1037

Home Furnishings

Market Closed - OTC Markets 14:31:34 2026-09-22 EDT			5-day change	1st Jan Change
0.0240 ^USD	-4.38%		+40.68%	-99.72%

07-30	SNBR, Inc. completed the acquisition of Assets of Sleep Number Corporation from Sleep Number Corporation.	CI
06-21	Sleep Number Corporation(OTCPK:SNBR.Q) dropped from NASDAQ Composite Index	CI

18306f77a992f6.jUFm44T2C5suF4u0vNHBD1W7mdHK0yH2nCDSYdVS8ws.yjIftdSxbqsdbsPfzbmLSwXs6LC9lxeF1BaWPuQqvnL6MCe5trBK7V8u2g

Published financial data: SLEEP NUMBER CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Revenues	2.18B	2.11B	1.89B	1.68B	1.41B
Total Revenues	2.18B	2.11B	1.89B	1.68B	1.41B
Cost of Goods Sold, Total	866M	912M	799M	680M	578M
Gross Profit	1.32B	1.2B	1.09B	1B	833M
Selling General & Admin Expenses, Total	1.07B	1.07B	994M	917M	795M
R&D Expenses	58.54M	61.52M	55.8M	45.26M	33.94M
Other Operating Expenses, Total	1.13B	1.13B	1.05B	962M	829M
Operating Income	194M	67.88M	38.67M	40.94M	4.1M
Interest Expense, Total	-6.24M	-18.98M	-42.7M	-48.37M	-49.38M
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-6.24M	-18.98M	-42.7M	-48.37M	-49.38M
EBT, Excl. Unusual Items	187M	48.9M	-4.02M	-7.43M	-45.28M
Restructuring Charges	-	-	-15.73M	-18.07M	-50.7M
EBT, Incl. Unusual Items	187M	48.9M	-19.75M	-25.5M	-95.97M
Income Tax Expense	33.54M	12.28M	-4.47M	-5.16M	35.98M
Earnings From Continuing Operations	154M	36.61M	-15.29M	-20.33M	-132M
Net Income to Company	154M	36.61M	-15.29M	-20.33M	-132M
Net Income - (IS)	154M	36.61M	-15.29M	-20.33M	-132M
Net Income to Common Incl Extra Items	154M	36.61M	-15.29M	-20.33M	-132M
Net Income to Common Excl. Extra Items	154M	36.61M	-15.29M	-20.33M	-132M
Per Share Items
Net EPS - Basic	6.4	1.63	-0.68	-0.9	-5.77
Basic EPS - Continuing Operations	6.4	1.63	-0.68	-0.9	-5.77
Basic Weighted Average Shares Outstanding	24.04M	22.4M	22.43M	22.61M	22.88M
Net EPS - Diluted	6.16	1.6	-0.68	-0.9	-5.77
Diluted EPS - Continuing Operations	6.16	1.6	-0.68	-0.9	-5.77
Diluted Weighted Average Shares Outstanding	24.95M	22.85M	22.43M	22.61M	22.88M
Normalized Basic EPS	4.87	1.36	-0.11	-0.21	-1.24
Normalized Diluted EPS	4.69	1.34	-0.11	-0.21	-1.24
Supplemental Items
EBITDA	252M	133M	112M	107M	59.71M
EBITA	194M	68.08M	38.87M	41.14M	4.3M
EBIT	194M	67.88M	38.67M	40.94M	4.1M
EBITDAR	354M	244M	225M	214M	165M
Effective Tax Rate - (Ratio)	17.91	25.13	22.61	20.25	-37.49
Current Domestic Taxes	21.59M	20.69M	8.58M	8.16M	2.81M
Total Current Taxes	21.59M	20.69M	8.58M	8.16M	2.81M
Deferred Domestic Taxes	11.96M	-8.41M	-13.05M	-13.32M	33.18M
Total Deferred Taxes	11.96M	-8.41M	-13.05M	-13.32M	33.18M
Normalized Net Income	117M	30.56M	-2.52M	-4.64M	-28.3M
Supplemental Operating Expense Items
Advertising Expense	323M	309M	272M	248M	197M
Selling and Marketing Expenses	905M	920M	847M	767M	664M
General and Administrative Expenses	161M	153M	147M	150M	131M
Research And Development Expense From Footnotes	60.54M	63.52M	57M	45.26M	33.94M
Net Rental Expense, Total	102M	111M	114M	107M	105M
Imputed Operating Lease Interest Expense	7.36M	19.92M	41.6M	43.41M	44.14M
Imputed Operating Lease Depreciation	94.32M	90.72M	72.19M	63.69M	60.83M
Stock-Based Comp., Other (Total)	23.21M	13.22M	14.86M	11.44M	6.28M
Total Stock-Based Compensation	23.21M	13.22M	14.86M	11.44M	6.28M

Fiscal Period: January	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	2.39M	1.79M	2.54M	1.95M	1.69M
Total Cash And Short Term Investments	2.39M	1.79M	2.54M	1.95M	1.69M
Accounts Receivable, Total	25.72M	26M	26.86M	17.52M	15.5M
Total Receivables	25.72M	26M	26.86M	17.52M	15.5M
Inventory	106M	114M	115M	103M	82.23M
Prepaid Expenses	18.95M	16.01M	16.66M	14.57M	13.66M
Other Current Assets, Total	54.92M	39.92M	44.64M	44.1M	36.87M
Total Current Assets	208M	198M	206M	181M	150M
Gross Property Plant And Equipment	910M	989M	1.01B	950M	860M
Accumulated Depreciation	-344M	-390M	-435M	-463M	-462M
Net Property Plant And Equipment	566M	598M	575M	486M	398M
Long-term Investments	-	-	1.2M	1.2M	-
Goodwill	64M	64M	64M	64M	64M
Other Intangibles, Total	6.47M	4.06M	2.63M	2.41M	2.19M
Deferred Tax Assets Long-Term	-	7.96M	20.25M	33.58M	399K
Deferred Charges Long-Term	49.34M	55.56M	54.8M	48.99M	33.52M
Other Long-Term Assets, Total	25.85M	26.23M	26.96M	43.14M	31.74M
Total Assets	920M	954M	951M	861M	680M
Liabilities
Accounts Payable, Total	163M	176M	136M	108M	118M
Accrued Expenses, Total	51.24M	31.29M	28.27M	31.04M	14.98M
Short-term Borrowings	382M	460M	540M	547M	588M
Current Portion of Leases	72.36M	79.53M	81.76M	82.31M	81.19M
Current Income Taxes Payable	22.09M	23.62M	17.13M	18.62M	11.43M
Unearned Revenue Current, Total	36.49M	36.34M	36.42M	38.13M	35.69M
Other Current Liabilities	180M	123M	97.08M	83.7M	63.08M
Total Current Liabilities	907M	930M	936M	908M	913M
Long-Term Leases	336M	357M	351M	307M	273M
Unearned Revenue Non Current	63.68M	71M	69.1M	60.99M	40.96M
Deferred Tax Liability Non Current	688K	-	-	-	-
Other Non Current Liabilities	37.16M	34.42M	36.24M	35.95M	31.76M
Total Liabilities	1.34B	1.39B	1.39B	1.31B	1.26B
Common Stock, Total	227K	220K	222K	224K	229K
Additional Paid In Capital	3.97M	5.18M	16.72M	27.39M	32.45M
Retained Earnings	-429M	-444M	-459M	-479M	-611M
Total Common Equity	-425M	-438M	-442M	-452M	-578M
Total Equity	-425M	-438M	-442M	-452M	-578M
Total Liabilities And Equity	920M	954M	951M	861M	680M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	22.68M	22.01M	22.24M	22.39M	22.86M
ECS Total Common Shares Outstanding	22.68M	22.01M	22.24M	22.39M	22.86M
Book Value / Share	-18.73	-19.9	-19.88	-20.17	-25.31
Tangible Book Value	-495M	-506M	-509M	-518M	-645M
Tangible Book Value Per Share	-21.84	-23	-22.87	-23.14	-28.2
Total Debt	791M	896M	973M	936M	943M
Net Debt	789M	894M	970M	934M	941M
Debt Equivalent Oper. Leases	813M	885M	910M	857M	840M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	11.75M	7.78M	9.09M	11.43M	5.84M
Inventories - Work In Process, Total	83K	102K	92K	130K	137K
Inventories - Finished Goods, Total	93.81M	106M	106M	91.59M	76.25M
Land - (BS)	-	-	-	-	-
Machinery, Total	394M	439M	465M	454M	417M
Full Time Employees	5.26K	4.95K	4.05K	3.58K	3.08K
Part Time Employees	145	92	77	67	53
Accumulated Allowance for Doubtful Accounts (Supple)	924K	1.27M	1.44M	1.11M	694K

Fiscal Period: January	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	154M	36.61M	-15.29M	-20.33M	-132M
Depreciation & Amortization - CF	58.19M	65.2M	72.64M	66.15M	55.41M
Amortization of Goodwill and Intangible Assets - (CF)	200K	200K	200K	200K	200K
Depreciation & Amortization, Total	58.39M	65.4M	72.84M	66.35M	55.61M
Amortization of Deferred Charges, Total - (CF)	2M	2M	1.2M	-	-
(Gain) Loss From Sale Of Asset	-135K	-4K	2.23M	3.1M	20.32M
Asset Writedown & Restructuring Costs	172K	295K	672K	1.22M	16.22M
Stock-Based Compensation (CF)	23.21M	13.22M	14.86M	11.44M	6.28M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	446K	-8.65M	-12.3M	-13.32M	42.74M
Change In Accounts Receivable	6.15M	-287K	-854K	9.34M	2.01M
Change In Inventories	-24.28M	-11.56M	-1.4M	12.28M	11.35M
Change In Accounts Payable	54.4M	-4.74M	-28.93M	-15.91M	22.67M
Change In Income Taxes	-3.07M	1.36M	-5.97M	3.99M	-4.38M
Change in Other Net Operating Assets	28.96M	-57.51M	-36.09M	-31.01M	-44.16M
Cash from Operations	300M	36.14M	-9.03M	27.14M	-3.28M
Capital Expenditure	-66.9M	-69.45M	-57.06M	-23.5M	-14.41M
Sale of Property, Plant, and Equipment	257K	49K	21K	156K	-
Sale (Purchase) of Intangible assets	-	-	-	-	-3.28M
Investment in Marketable and Equity Securities, Total	-	-1.2M	-	-	-
Other Investing Activities, Total	-	-	-1.32M	-2.94M	-
Cash from Investing	-66.64M	-70.61M	-58.35M	-26.29M	-17.69M
Short Term Debt Issued, Total	145M	97.65M	73.46M	-	28.07M
Total Debt Issued	145M	97.65M	73.46M	-	28.07M
Short Term Debt Repaid, Total	-	-	-	-673K	-
Total Debt Repaid	-	-	-	-673K	-
Issuance of Common Stock	4.44M	1.13M	428K	-	-
Repurchase of Common Stock	-382M	-64.19M	-3.75M	-768K	-1.21M
Other Financing Activities, Total	-2.76M	-718K	-2.02M	-	-6.14M
Cash from Financing	-235M	33.87M	68.13M	-1.44M	20.71M
Net Change in Cash	-1.85M	-597K	747K	-589K	-257K
Supplemental Items
Cash Interest Paid	5.44M	16.92M	40.57M	45.09M	50.57M
Cash Income Tax Paid (Refund)	36.3M	19.79M	13.72M	4.01M	8.62M
Levered Free Cash Flow	208M	-10.24M	-54.17M	38.2M	11.02M
Unlevered Free Cash Flow	212M	1.62M	-27.48M	68.43M	41.89M
Change In Net Working Capital	-74.58M	51.97M	83.49M	11.45M	4.88M
Net Debt Issued / Repaid	145M	97.65M	73.46M	-673K	28.07M

Fiscal Period: January	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	14.07	4.53	2.54	2.82	0.33
Return on Total Capital	33.07	10.3	4.89	5.04	0.6
Return On Equity %	-47.38	-8.48	3.47	4.55	25.62
Return on Common Equity	-47.38	-8.48	3.47	4.55	25.62
Margin Analysis
Gross Profit Margin %	60.36	56.86	57.67	59.61	59.01
SG&A Margin	48.82	50.74	52.67	54.48	56.32
EBITDA Margin %	11.53	6.3	5.91	6.38	4.23
EBITA Margin %	8.87	3.22	2.06	2.45	0.3
EBIT Margin %	8.86	3.21	2.05	2.43	0.29
Income From Continuing Operations Margin %	7.04	1.73	-0.81	-1.21	-9.35
Net Income Margin %	7.04	1.73	-0.81	-1.21	-9.35
Net Avail. For Common Margin %	7.04	1.73	-0.81	-1.21	-9.35
Normalized Net Income Margin	5.36	1.45	-0.13	-0.28	-2
Levered Free Cash Flow Margin	9.54	-0.48	-2.87	2.27	0.78
Unlevered Free Cash Flow Margin	9.71	0.08	-1.46	4.07	2.97
Asset Turnover
Asset Turnover	2.54	2.26	1.98	1.86	1.83
Fixed Assets Turnover	4.14	3.63	3.22	3.17	3.19
Receivables Turnover (Average Receivables)	75.88	81.75	71.41	75.82	85.5
Inventory Turnover (Average Inventory)	9.26	8.3	6.96	6.22	6.24
Short Term Liquidity
Current Ratio	0.23	0.21	0.22	0.2	0.16
Quick Ratio	0.03	0.03	0.03	0.02	0.02
Operating Cash Flow to Current Liabilities	0.33	0.04	-0.01	0.03	-0
Days Sales Outstanding (Average Receivables)	4.8	4.45	5.1	4.8	4.34
Days Outstanding Inventory (Average Inventory)	39.3	43.84	52.27	58.54	59.44
Average Days Payable Outstanding	52.01	66.99	70.97	66.42	75.05
Cash Conversion Cycle (Average Days)	-7.92	-18.69	-13.6	-3.08	-11.27
Long Term Solvency
Total Debt/Equity	-186.15	-204.49	-220.09	-207.35	-162.96
Total Debt / Total Capital	216.08	195.71	183.27	193.16	258.84
LT Debt/Equity	-79.11	-81.45	-79.51	-68.08	-47.24
Long-Term Debt / Total Capital	91.83	77.95	66.21	63.42	75.04
Total Liabilities / Total Assets	146.21	145.93	146.48	152.46	185.06
EBIT / Interest Expense	30.99	3.58	0.91	0.85	0.08
EBITDA / Interest Expense	56.62	12.85	5.28	4.43	3.33
(EBITDA - Capex) / Interest Expense	45.91	9.19	3.94	3.95	3.04
Total Debt / EBITDA	2.24	3.67	4.32	4.37	5.72
Net Debt / EBITDA	2.23	3.67	4.31	4.36	5.71
Total Debt / (EBITDA - Capex)	2.76	5.14	5.78	4.91	6.27
Net Debt / (EBITDA - Capex)	2.75	5.13	5.77	4.9	6.26
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	17.69	-3.23	-10.73	-10.87	-16.1
Gross Profit, 1 Yr. Growth %	14.09	-8.84	-9.46	-7.88	-16.94
EBITDA, 1 Yr. Growth %	3.06	-47.1	-16.33	-3.79	-44.34
EBITA, 1 Yr. Growth %	4.72	-64.86	-42.91	5.83	-89.54
EBIT, 1 Yr. Growth %	4.67	-64.93	-43.03	5.86	-89.97
Earnings From Cont. Operations, 1 Yr. Growth %	10.46	-76.19	-141.76	33.01	548.95
Net Income, 1 Yr. Growth %	10.46	-76.19	-141.76	33.01	548.95
Normalized Net Income, 1 Yr. Growth %	6.43	-73.89	-108.23	84.6	509.38
Diluted EPS Before Extra, 1 Yr. Growth %	25.71	-74.03	-142.6	32.05	541.11
Accounts Receivable, 1 Yr. Growth %	-19.31	1.12	3.28	-34.79	-11.5
Inventory, 1 Yr. Growth %	29.84	7.94	1.23	-10.64	-20.28
Net Property, Plant and Equip., 1 Yr. Growth %	15.69	5.67	-3.92	-15.43	-18.09
Total Assets, 1 Yr. Growth %	14.92	3.74	-0.32	-9.47	-21
Tangible Book Value, 1 Yr. Growth %	66.89	2.18	0.46	1.86	24.45
Common Equity, 1 Yr. Growth %	89.73	3.11	0.86	2.19	28.1
Cash From Operations, 1 Yr. Growth %	7.28	-87.95	-124.98	-400.65	-112.1
Capital Expenditures, 1 Yr. Growth %	80.32	3.82	-17.85	-58.8	-38.71
Levered Free Cash Flow, 1 Yr. Growth %	15.18	-104.92	428.83	-170.52	-71.14
Unlevered Free Cash Flow, 1 Yr. Growth %	13.79	-99.24	-1.79K	-348.99	-38.78
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	13.42	6.72	-7.06	-10.8	-13.52
Gross Profit, 2 Yr. CAGR %	11.97	1.98	-9.15	-8.67	-12.52
EBITDA, 2 Yr. CAGR %	21.04	-26.16	-33.47	-10.28	-26.82
EBITA, 2 Yr. CAGR %	31.47	-39.34	-55.21	-22.27	-66.72
EBIT, 2 Yr. CAGR %	31.4	-39.41	-55.3	-22.34	-67.42
Earnings From Cont. Operations, 2 Yr. CAGR %	37.06	-48.71	-68.47	-25.47	193.8
Net Income, 2 Yr. CAGR %	37.06	-48.71	-68.47	-25.47	193.8
Normalized Net Income, 2 Yr. CAGR %	36.51	-47.29	-85.34	-61.02	235.39
Diluted EPS Before Extra, 2 Yr. CAGR %	51.05	-42.86	-66.74	-25	190.96
Accounts Receivable, 2 Yr. CAGR %	13.46	-9.67	2.19	-17.93	-24.03
Inventory, 2 Yr. CAGR %	10.15	18.39	4.53	-4.89	-15.6
Net Property, Plant and Equip., 2 Yr. CAGR %	3.91	10.57	0.76	-9.86	-16.77
Total Assets, 2 Yr. CAGR %	6.81	9.19	1.69	-5.01	-15.43
Tangible Book Value, 2 Yr. CAGR %	45.92	30.59	1.32	1.15	12.59
Common Equity, 2 Yr. CAGR %	63.26	39.87	1.98	1.52	14.41
Cash From Operations, 2 Yr. CAGR %	25.94	-64.05	-82.65	-13.33	-39.7
Capital Expenditures, 2 Yr. CAGR %	6.27	36.82	-7.65	-41.83	-49.75
Levered Free Cash Flow, 2 Yr. CAGR %	54.12	-76.2	-49.01	93.11	-54.88
Unlevered Free Cash Flow, 2 Yr. CAGR %	49.5	-90.67	-64.02	549.31	23.46
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	12.57	7.58	0.55	-8.35	-12.6
Gross Profit, 3 Yr. CAGR %	12.43	4.55	-1.98	-8.73	-11.52
EBITDA, 3 Yr. CAGR %	18.24	-8.14	-23.02	-24.76	-23.48
EBITA, 3 Yr. CAGR %	27.98	-15.31	-40.55	-40.34	-60.16
EBIT, 3 Yr. CAGR %	27.93	-15.4	-40.64	-40.42	-60.75
Earnings From Cont. Operations, 3 Yr. CAGR %	30.27	-23.52	-52.11	-49.05	53.32
Net Income, 3 Yr. CAGR %	30.27	-23.52	-52.11	-49.05	53.32
Normalized Net Income, 3 Yr. CAGR %	29.36	-21.35	-71.61	-65.89	-2.53
Diluted EPS Before Extra, 3 Yr. CAGR %	47.49	-16.01	-48.19	-47.33	53.35
Accounts Receivable, 3 Yr. CAGR %	1.23	9.19	-5.54	-12.02	-15.84
Inventory, 3 Yr. CAGR %	7.57	9.41	12.37	-0.79	-10.33
Net Property, Plant and Equip., 3 Yr. CAGR %	40.17	4.49	5.51	-4.95	-12.69
Total Assets, 3 Yr. CAGR %	25.06	5.78	5.92	-2.18	-10.67
Tangible Book Value, 3 Yr. CAGR %	38.88	29.58	19.66	1.5	8.39
Common Equity, 3 Yr. CAGR %	57.12	40.07	25.42	2.05	9.7
Cash From Operations, 3 Yr. CAGR %	31.63	-42.41	-68.16	-55.11	-55.05
Capital Expenditures, 3 Yr. CAGR %	13.7	5.45	15.43	-29.44	-40.8
Levered Free Cash Flow, 3 Yr. CAGR %	32.92	-51.12	-33.1	-43.19	2.48
Unlevered Free Cash Flow, 3 Yr. CAGR %	31.94	-74.24	-47.18	-31.43	195.52
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	10.75	7.92	4.27	-0.19	-5.33
Gross Profit, 5 Yr. CAGR %	10.24	6.03	3.24	-0.95	-6.34
EBITDA, 5 Yr. CAGR %	13.49	-2.75	-6.06	-9	-24.57
EBITA, 5 Yr. CAGR %	19.76	-6.43	-15.91	-18.17	-52.86
EBIT, 5 Yr. CAGR %	20.35	-5.88	-15.99	-18.25	-53.3
Earnings From Cont. Operations, 5 Yr. CAGR %	24.49	-10.87	-26.14	-24.31	-1.06
Net Income, 5 Yr. CAGR %	24.49	-10.87	-26.14	-24.31	-1.06
Normalized Net Income, 5 Yr. CAGR %	19.79	-11.69	-45.86	-40.6	-23.78
Diluted EPS Before Extra, 5 Yr. CAGR %	41.14	0.64	-18.71	-19.73	3.32
Accounts Receivable, 5 Yr. CAGR %	5.47	6.13	1.61	-2.6	-13.42
Inventory, 5 Yr. CAGR %	7.08	6.23	6.34	3.45	0.21
Net Property, Plant and Equip., 5 Yr. CAGR %	22.13	23.46	22.83	-1.5	-4.04
Total Assets, 5 Yr. CAGR %	15	15.12	15.13	1.32	-3.2
Tangible Book Value, 5 Yr. CAGR %	44.18	112.92	22.42	17.36	16.78
Common Equity, 5 Yr. CAGR %	21.53	37.5	32.17	23.15	20.9
Cash From Operations, 5 Yr. CAGR %	14.62	-26.86	-41.48	-32.18	-58.89
Capital Expenditures, 5 Yr. CAGR %	2.95	3.03	4.62	-16.88	-17.24
Levered Free Cash Flow, 5 Yr. CAGR %	19.04	-37.63	-9.4	-15.32	-42.85
Unlevered Free Cash Flow, 5 Yr. CAGR %	19.34	-56.9	-21.54	-6.34	-25.82