Sleep Number (SNBRQ) Research & Development (2011 - 2026)
Sleep Number's (SNBRQ) quarterly Research & Development came in at $160.8 million in Q2 2026, down 14.97% year-over-year from $189.1 million in Q2 2025, and little changed quarter-over-quarter from $161.2 million in Q1 2026.
Analysis
Sleep Number (SNBRQ) Research & Development (2011 - 2026) Analysis & Trends
Sleep Number has disclosed Research & Development across 16 years of filings, most recently posting $160.8 million for Q2 2026.
- In Q2 2026, Research & Development fell 14.97% year-over-year to $160.8 million; the TTM figure through Apr 2026 stood at $635.9 million (down 14.89% YoY), while the FY2026 annual figure was $664.2 million, down 13.36% from the prior year.
- Research & Development came in at $160.8 million for Q2 2026 at Sleep Number, roughly flat from $161.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $355.9 million in Q1 2022 to a low of $146.5 million in Q2 2025.
- Average Research & Development over 5 years is $206.4 million, with a median of $201.8 million recorded in 2023.
- The largest YoY upside for Research & Development was 7.44% in 2022 against a maximum downside of 38.4% in 2022.
- Over 5 years, Research & Development stood at $219.2 million in 2022, then declined by 9.67% to $198.0 million in 2023, then fell by 14.04% to $170.2 million in 2024, then decreased by 1.65% to $167.4 million in 2025, then decreased by 3.96% to $160.8 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $160.8 million in Q2 2026, $161.2 million in Q1 2026, and $167.4 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Somnigroup International | 14.37 Bn | 14.26 Bn | 817.20 Mn | 453.50 Mn |
| 2 | Hni | 3.41 Bn | 3.31 Bn | 647.20 Mn | - |
| 3 | Millerknoll | 1.48 Bn | 1.32 Bn | 395.60 Mn | 35.40 Mn |
| 4 | La-Z-Boy | 1.26 Bn | 988.19 Mn | 208.66 Mn | - |
| 5 | MasterBrand | 1.20 Bn | 958.02 Mn | 205.50 Mn | - |
| 6 | Arhaus | 1.19 Bn | 962.63 Mn | 172.07 Mn | - |
| 7 | Ethan Allen Interiors | 552.15 Mn | 347.67 Mn | 92.62 Mn | - |
| 8 | XMax | 522.48 Mn | 486.75 Mn | 1.09 Mn | - |
| 9 | Flexsteel Industries | 428.19 Mn | 411.52 Mn | 34.62 Mn | - |
| 10 | Sleep Number | 358,659.59 | -1.13 Mn | 184.62 Mn | 160.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 4, 2026 | 160.80 Mn |
| Jan 3, 2026 | 161.24 Mn |
| Sep 27, 2025 | 167.43 Mn |
| Jun 28, 2025 | 146.46 Mn |
| Mar 29, 2025 | 189.10 Mn |
| Dec 28, 2024 | 170.23 Mn |
| Sep 28, 2024 | 205.48 Mn |
| Jun 29, 2024 | 182.40 Mn |
| Mar 30, 2024 | 208.51 Mn |
| Dec 30, 2023 | 198.03 Mn |
| Sep 30, 2023 | 221.14 Mn |
| Jul 1, 2023 | 197.78 Mn |
| Apr 1, 2023 | 230.49 Mn |
| Dec 31, 2022 | 219.22 Mn |
| Oct 1, 2022 | 239.66 Mn |
| Jul 2, 2022 | 220.49 Mn |
| Apr 2, 2022 | 240.26 Mn |
| Jan 1, 2022 | 355.88 Mn |
| Oct 2, 2021 | 255.51 Mn |
| Jul 3, 2021 | 205.99 Mn |