Sleep Number’s Q1 Loss Jumps to $2.19 Per Share, Revenue Tops Estimates
Sleep Number reported a first-quarter net loss of $2.19 per share, compared to a $0.38 per-share loss a year earlier, while revenue surpassed analyst forecasts. The per-share loss was eight times greater than the consensus estimate of a $0.27 loss.
1. First-Quarter Loss and Revenue Beat
Sleep Number recorded a net loss of $2.19 per share in Q1 2026, a substantial increase from the $0.38 per-share loss in Q1 2025. Revenue outpaced consensus estimates despite the wider-than-expected loss, highlighting potential cost pressures or shifts in sales mix.