SNBRQ (Sleep Number) EBIT: $-85 Mil (TTM As of Mar. 2026)


SNBRQ Sleep Number Corp SNBRQ
49 GF Score
Price $0.03
GF Value $9.42
Valuation Possible Value Trap
! 9 Warning Signs
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What is Sleep Number EBIT?

Sleep Number SNBRQ 49 EBIT is $-85 Mil as of Mar. 2026. GuruFocus rates SNBRQ with a GF Score™ of 49/100 and a GF Value™ of $9.42 (Possible Value Trap). The stock has 9 warning signs investors should review.

Sleep Number's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-37 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-85 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sleep Number's annualized ROC % for the quarter that ended in Mar. 2026 was -4.67%. Sleep Number's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -38.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sleep Number's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -8.95%.


Sleep Number  (OTCPK:SNBRQ) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Sleep Number's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-60.48 * ( 1 - 0% )/( (1300.426 + 1289.673)/ 2 )
=-60.48/1295.0495
=-4.67 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=641.008 - 139.569 - ( 1.484 - max(0, 931.709 - 143.475+1.484))
=1289.673

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Sleep Number's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-147.424/( ( (398.251 + max(-94.891, 0)) + (369.07 + max(-104.778, 0)) )/ 2 )
=-147.424/( ( 398.251 + 369.07 )/ 2 )
=-147.424/383.6605
=-38.43 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.502 + 82.233 + 50.529) - (142.223 + 39.527 + 61.405)
=-94.891

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.354 + 78.216 + 50.421) - (139.569 + 43.338 + 63.862)
=-104.778

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Sleep Number's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-85.298/952.902
=-8.95 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sleep Number EBIT Related Terms


Sleep Number EBIT Historical Data

* Premium members only.

The historical data trend for Sleep Number's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sleep Number EBIT Chart

Sleep Number Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 193.54 67.88 22.94 22.87 -46.59

Sleep Number Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.85 -0.08 -40.32 -8.05 -36.86

SNBRQ vs CRWS, NTZ, EFOI: EBIT Comparison

For the Furnishings, Fixtures & Appliances subindustry, Sleep Number's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sleep Number EV-to-EBIT vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sleep Number's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sleep Number's EV-to-EBIT falls into.


SNBRQ
49GF Score
Sleep Number Corp SNBRQ
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sleep Number EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-85 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-85 Mil mean?
Sleep Number (SNBRQ) has a EBIT of $-85 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sleep Number.
Is Sleep Number's EBIT too high?
Sleep Number's current EBIT is $-85 Mil. Overall, Sleep Number has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sleep Number's EBIT compare to CRWS and NTZ?
Sleep Number's EBIT of $-85 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Furnishings, Fixtures & Appliances company?
A good EBIT depends on the Furnishings, Fixtures & Appliances industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sleep Number. Sleep Number's current EBIT is $-85 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sleep Number stock overvalued right now?
Based on GuruFocus' analysis, Sleep Number (SNBRQ) is currently considered Possible Value Trap. The stock's GF Value™ is $9.42, compared to a current price of $0.03 — trading 99.7% below its estimated fair value. The current EBIT is $-85 Mil. Sleep Number's overall GF Score™ is 49/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Sleep Number (SNBRQ), the current EBIT is $-85 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sleep Number (SNBRQ) Overvalued in 2026?

Based on GuruFocus' analysis, Sleep Number stock appears to be undervalued. The current stock price of $0.03 is trading 99.7% below its estimated GF Value™ of $9.42. GuruFocus considers Sleep Number to be Possible Value Trap.

Key valuation signals for SNBRQ:

  • EBIT: $-85 Mil
  • GF Value™: $9.42 vs. price of $0.03 (99.7% below fair value)
  • GF Score™: 49/100 with 9 warning signs

No single metric tells the full story. See the SNBRQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sleep Number Business Description

Other Exchanges SL2:Germany
Address 1001 Third Avenue South, Minneapolis, MN, USA, 55404
Sleep Number Corp is a designer, manufacturer, marketer, and retailer, which allows it to offer consumers high-quality, individualized sleep solutions and services. It also offers FlextFit adjustable bases, and Sleep Number pillows, sheets, and other bedding products. The company generates revenue by marketing its innovations directly to new and existing customers and selling products through its Stores, Online, Phone, Chat (Total Retail), and Other. It focuses on personalized sleep wellness, with mattresses designed to evolve with each sleeper to help them feel and perform well, featuring adjustable firmness, pressure-relieving support, and temperature-balancing comfort built into every mattress. Its products include mattresses, bundles, bedding, pillows, and furniture.
49GF Score

Get the complete analysis for SNBRQ

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.03
Price
$9.42
GF Value