Sleep Number Corp
SNBRNasdaqConsumer Discretionary · Household Furniture · MN · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY26 | FY24 | FY23 | FY22 | FY21 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $1.41B | $1.68B | $1.89B | $2.11B | $1.86B | $426.4M |
| Operating income | −$46.6M | $22.9M | $22.9M | $67.9M | $184.9M | $32.7M |
| Net income | −$132.0M | −$20.3M | −$15.3M | $36.6M | $139.2M | $25.4M |
| Total assets | $680.1M | $860.8M | $950.9M | $953.9M | $800.1M | $806.0M |
| Total liabilities | $1.26B | $1.31B | $1.39B | $1.39B | $1.02B | $965.5M |
| Equity | −$578.5M | −$451.6M | −$441.9M | −$438.2M | −$224.0M | −$159.4M |
| EPS (diluted) | $-5.77 | $-0.90 | $-0.68 | $1.60 | $4.90 | $0.80 |
| Shares out. | 22.9M | 22.2M | 22.0M | 22.7M | 25.4M | 30.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2026- Operating margin
- −3.3%
- Net margin
- −9.3%
- Return on equity
- 22.8%
- Return on assets
- −19.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 185.1%
- Debt / equity
- —
- Book value / share
- $-25.30
- Revenue growth (YoY)
- −16.1%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2026- Altman Z″ (distress)
- -11.23distress
- Accruals / assets
- −18.9%clean
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 11-Kmissed a reporting deadline ↗Jun 29, 2023
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Stadium Capital Management LlcActivist (13D)Jun 1, 2026
- Fmr LlcPassive (13G)May 6, 2026
- M Partners Fund LpPassive (13G)Mar 27, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
- Pacific Ridge Capital Partners, LlcPassive (13G)Feb 6, 2026
- Blackrock, Inc.Passive (13G)Oct 17, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Stadium Capital Management Llc10% owner | May 28, 2026 | Sell | 330,732 | $1.78 |
| Eyler PhillipDirector | May 21, 2026 | Grant | 15,067 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 6.4M | 5.4 | -5.3% |
| Apr 30, 2026 | 6.7M | 1.1 | +13.9% |
| Apr 15, 2026 | 5.9M | 1.8 | +5.5% |
| Mar 31, 2026 | 5.6M | 3.6 | -4.6% |
| Mar 13, 2026 | 5.9M | 3.8 | +18.9% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer change · Shareholder vote · Other material eventMay 27, 2026
- Results of operationsMay 12, 2026
- Entered a material agreement · New financial obligationApr 28, 2026
- Director / officer changeMar 23, 2026
- Regulation FD disclosureMar 12, 2026
- Director / officer changeMar 12, 2026
- Results of operationsMar 12, 2026
- Regulation FD disclosureJan 28, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.