Sleep Number Reports Q4 Revenue of $347.39M, Net Loss of $59M
Reports Q4 revenue $347.39M, consensus $328.67M. Net loss of $59M compared with a net loss of $5M for the same period last year, driven primarily by lower net sales and recognition of a $47.9M deferred tax valuation adjustment during the fourth quarter of 2025. Linda Findley, president and CEO, commented, "Sleep Number exceeded 2025 guidance provided on our last earnings call. We are still in full turnaround mode and made significant progress against our new product and marketing strategies while continuing to reduce costs. For the full year 2025, pro-forma adjusted EBITDA margin was approximately 9% and anticipate double-digit adjusted EBITDA growth in 2026 as we continue to execute on our strategy."
