Sleep Number (FRA:SL2) Total Operating Expense: €679 Mil (TTM As of Mar. 2026)

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FRA:SL2 Sleep Number Corp FRA:SL2
53 GF Score
Price €0.13
GF Value €9.35
Valuation Possible Value Trap
! 8 Warning Signs
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What is Sleep Number Total Operating Expense?

Sleep Number FRA:SL2 53 Total Operating Expense is €679 Mil as of Mar. 2026. GuruFocus rates FRA:SL2 with a GF Score™ of 53/100 and a GF Value™ of €9.35 (Possible Value Trap). The stock has 8 warning signs investors should review.

Sleep Number's Total Operating Expense for the three months ended in Mar. 2026 was €173 Mil. Sleep Number's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €679 Mil.

Sleep Number Total Operating Expense Related Terms

Sleep Number Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Sleep Number's Total Operating Expense 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 Total Operating Expense Chart

Sleep Number Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 995.90 1,070.89 962.72 918.55 707.83

Sleep Number Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 220.73 160.82 175.98 169.25 172.77
FRA:SL2
53GF Score
Sleep Number Corp FRA:SL2
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Sleep Number Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 €679 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.

What does a Total Operating Expense of €679 Mil mean?
Sleep Number (FRA:SL2) has a Total Operating Expense of €679 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Sleep Number and its competitors.
Is Sleep Number's Total Operating Expense too high?
Sleep Number's current Total Operating Expense is €679 Mil. Overall, Sleep Number has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sleep Number's Total Operating Expense compare to LBRA and LUVU?
Sleep Number's Total Operating Expense of €679 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 Total Operating Expense for a Furnishings, Fixtures & Appliances company?
A good Total Operating Expense depends on the Furnishings, Fixtures & Appliances industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Sleep Number and its competitors. Sleep Number's current Total Operating Expense is €679 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 (FRA:SL2) is currently considered Possible Value Trap. The stock's GF Value™ is €9.35, compared to a current price of €0.13 — trading 98.6% below its estimated fair value. The current Total Operating Expense is €679 Mil. Sleep Number's overall GF Score™ is 53/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Sleep Number (FRA:SL2), the current Total Operating Expense is €679 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 (FRA:SL2) Overvalued in 2026?

Based on GuruFocus' analysis, Sleep Number stock appears to be undervalued. The current stock price of €0.13 is trading 98.6% below its estimated GF Value™ of €9.35. GuruFocus considers Sleep Number to be Possible Value Trap.

Key valuation signals for FRA:SL2:

  • Total Operating Expense: €679 Mil
  • GF Value™: €9.35 vs. price of €0.13 (98.6% below fair value)
  • GF Score™: 53/100 with 8 warning signs

No single metric tells the full story. See the FRA:SL2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sleep Number Business Description

Other Exchanges SNBR:USA
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.
53GF Score

Get the complete analysis for FRA:SL2

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

€0.13
Price
€9.35
GF Value