Sleep Number Corporation
Income Statement
| Line Item | FY2026 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.41B | $1.68B | $1.89B | $2.11B | $1.86B | $1.70B | $1.53B | $1.44B |
| Cost of Revenue | $578.5M | $679.5M | $799.0M | $912.0M | $700.6M | $646.4M | $603.6M | $547.2M |
| Gross Profit | $833.0M | $1.00B | $1.09B | $1.20B | $1.16B | $1.05B | $928.0M | $897.3M |
| Gross Margin | 59.0% | 59.6% | 57.7% | 56.9% | 62.3% | 61.9% | 60.6% | 62.1% |
| Operating Expenses | ||||||||
| Research & Development | $33.9M | $45.3M | $55.8M | $61.5M | $40.9M | $35.0M | $28.8M | $27.8M |
| SG&A Expense | $130.7M | $150.0M | $146.6M | $153.3M | $159.0M | $138.0M | $119.4M | $127.3M |
| Operating Income | $-46.6M | $22.9M | $22.9M | $67.9M | $184.9M | $112.1M | $92.4M | $91.9M |
| Operating Margin | -3.3% | 1.4% | 1.2% | 3.2% | 10.0% | 6.6% | 6.0% | 6.4% |
| Interest Expense | — | — | — | — | — | $11.6M | $5.9M | $975.0K |
| Pretax Income | $-96.0M | $-25.5M | $-19.8M | $48.9M | $176.0M | $100.5M | $86.5M | $91.0M |
| Income Tax Expense | $36.0M | $-5.2M | $-4.5M | $12.3M | $36.8M | $18.7M | $17.0M | $26.0M |
| Net Income | $-132.0M | $-20.3M | $-15.3M | $36.6M | $139.2M | $81.8M | $69.5M | $65.1M |
| Net Margin | -9.3% | -1.2% | -0.8% | 1.7% | 7.5% | 4.8% | 4.5% | 4.5% |
| EPS (Basic) | $-5.77 | $-0.90 | $-0.68 | $1.63 | $5.03 | $2.78 | $1.97 | $1.58 |
| EPS (Diluted) | $-5.77 | $-0.90 | $-0.68 | $1.60 | $4.90 | $2.70 | $1.92 | $1.55 |
| Shares Outstanding (Basic) | 22.9M | 22.6M | 22.4M | 22.4M | 27.7M | 29.5M | 35.3M | 41.2M |
| Shares Outstanding (Diluted) | 22.9M | 22.6M | 22.4M | 22.9M | 28.4M | 30.4M | 36.2M | 42.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |