📊 SNBR Key Takeaways
Is Sleep Number Corp (SNBR) a Good Investment?
Sleep Number Corp exhibits severe financial distress with negative stockholders' equity of -$578.5M, indicating technical insolvency. The company is experiencing a liquidity crisis with a critical 0.16x current ratio and only $1.7M cash against $1.3B in liabilities, combined with negative operating cash flow and declining revenues (-16.1% YoY), making debt service and operational sustainability highly questionable.
Why Buy Sleep Number Corp Stock? SNBR Key Strengths
- Gross margin of 59% demonstrates pricing power in core product category
- Established brand with $1.4B revenue base despite operational challenges
- Insider activity (8 Form 4 filings) suggests some stakeholder engagement
SNBR Stock Risks: Sleep Number Corp Investment Risks
- Negative stockholders' equity of -$578.5M signals technical insolvency and balance sheet deterioration
- Liquidity crisis: 0.16x current ratio with only $1.7M cash versus $1.3B total liabilities
- Negative operating cash flow (-$3.3M) and free cash flow (-$17.7M) indicate unsustainable cash burn
- Revenue declined 16.1% YoY with net loss of -$132M and operating loss of -$46.6M
- Negative interest coverage (-4.0x) indicates inability to service debt obligations
- Continued capital expenditure of $14.4M while burning cash is unsustainable
Key Metrics to Watch
- Stockholders' equity trajectory and path to positive capital structure
- Operating cash flow and cash burn rate relative to remaining liquidity
- Debt refinancing ability and covenant compliance status
- Revenue stabilization and gross margin sustainability under distress
Sleep Number Corp (SNBR) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
SNBR Profit Margin, ROE & Profitability Analysis
SNBR vs Market Sector: How Sleep Number Corp Compares
How Sleep Number Corp compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Sleep Number Corp Stock Overvalued? SNBR Valuation Analysis 2026
Based on fundamental analysis, Sleep Number Corp has mixed fundamental signals relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Sleep Number Corp Balance Sheet: SNBR Debt, Cash & Liquidity
SNBR Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Sleep Number Corp's revenue has declined by 14% over the 5-year period, indicating business contraction. The most recent EPS of $-0.68 indicates the company is currently unprofitable.
SNBR Revenue Growth, EPS Growth & YoY Performance
SNBR Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $342.9M | -$3.1M | $-0.14 |
| Q2 2025 | $327.9M | -$5.1M | $-0.22 |
| Q1 2025 | $393.3M | -$7.5M | $-0.33 |
| Q3 2024 | $426.6M | $754.0K | $-0.10 |
| Q2 2024 | $408.4M | $754.0K | $0.03 |
| Q1 2024 | $470.4M | -$7.5M | $-0.33 |
| Q3 2023 | $472.6M | $754.0K | $-0.10 |
| Q2 2023 | $458.8M | $754.0K | $0.03 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Sleep Number Corp Dividends, Buybacks & Capital Allocation
SNBR SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Sleep Number Corp (CIK: 0000827187)
📋 Recent SEC Filings
❓ Frequently Asked Questions about SNBR
What is the AI rating for SNBR?
Sleep Number Corp (SNBR) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are SNBR's key strengths?
Claude: Gross margin of 59% demonstrates pricing power in core product category. Established brand with $1.4B revenue base despite operational challenges.
What are the risks of investing in SNBR?
Claude: Negative stockholders' equity of -$578.5M signals technical insolvency and balance sheet deterioration. Liquidity crisis: 0.16x current ratio with only $1.7M cash versus $1.3B total liabilities.
What is SNBR's revenue and growth?
Sleep Number Corp reported revenue of $1.4B.
Does SNBR pay dividends?
Sleep Number Corp does not currently pay dividends.
Where can I find SNBR SEC filings?
Official SEC filings for Sleep Number Corp (CIK: 0000827187) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is SNBR's EPS?
Sleep Number Corp has a diluted EPS of $-5.77.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is SNBR a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Sleep Number Corp has a STRONG SELL rating with 95% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is SNBR stock overvalued or undervalued?
Valuation metrics for SNBR: ROE of N/A (sector avg: 15%), net margin of -9.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy SNBR stock in 2026?
Our dual AI analysis gives Sleep Number Corp a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is SNBR's free cash flow?
Sleep Number Corp's operating cash flow is $-3.3M, with capital expenditures of $14.4M. FCF margin is -1.3%.
How does SNBR compare to other Market stocks?
Vs Default sector averages: Net margin -9.3% (avg: 12%), ROE N/A (avg: 15%), current ratio 0.16 (avg: 1.8).