Somnigroup International Inc. (SGI) financial statements: income statement, balance sheet and cash flow
Somnigroup International Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Somnigroup International Inc. reported revenue of $7.5B (+51.6% year on year) and net income of $384.1M (-0.1% year on year).
Income statement
Somnigroup International Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net sales
$7.5B
$4.9B
$4.9B
$4.9B
Cost of sales
$4.3B
$2.8B
$2.8B
$2.9B
Gross profit
$3.2B
$2.2B
$2.1B
$2.0B
Selling and marketing expenses
$1.7B
$1.1B
$1.1B
$992.5M
General, administrative and other expenses
$695.0M
$473.2M
$481.1M
$397.6M
Loss on disposal of business
$13.9M
—
—
—
Equity income in earnings of unconsolidated affiliates
($19.6M)
($18.9M)
($23.0M)
($21.1M)
Operating income
$754.9M
$634.2M
$607.2M
$680.6M
Interest expense, net
$267.9M
$134.8M
$129.9M
$103.0M
Loss on extinguishment of debt
$0
$0
$3.2M
$0
Other expense (income), net
$6.0M
($4.9M)
$0
$400.0K
Total other expense, net
$273.9M
$129.9M
$133.1M
$103.4M
Income before income taxes
$481.0M
$504.3M
—
—
Income tax provision
($95.7M)
($118.6M)
($103.4M)
($119.0M)
Net income before non-controlling interest
$385.3M
$385.7M
$370.7M
$457.8M
Less: Net income attributable to non-controlling interest
$1.2M
$1.4M
$2.6M
$2.1M
Net income attributable to Somnigroup International Inc.
$384.1M
$384.3M
$368.1M
$455.7M
Basic (in dollars per share)
$1.86
$2.21
$2.14
$2.61
Diluted (in dollars per share)
$1.84
$2.16
$2.08
$2.53
Basic (in shares)
206.0M
173.6M
172.2M
174.9M
Diluted (in shares)
209.2M
178.2M
177.3M
180.3M
Somnigroup International Inc. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Net sales
$1.8B
$1.8B
$2.1B
$1.9B
Cost of sales
$1.0B
$1.0B
$1.2B
$1.1B
Gross profit
$817.2M
$776.9M
$952.8M
$827.2M
Selling and marketing expenses
$453.5M
$428.5M
$480.8M
$460.5M
General, administrative and other expenses
$165.1M
$166.9M
$160.4M
$175.9M
Equity income in earnings of unconsolidated affiliates
($3.1M)
($5.6M)
($3.1M)
($3.0M)
Operating income
$201.7M
$187.1M
$314.7M
$179.9M
Interest expense, net
$59.0M
$60.0M
$69.9M
$72.5M
Other (income) expense, net
($5.1M)
($10.2M)
$10.9M
$4.7M
Total other expense, net
$53.9M
$49.8M
$80.8M
$77.2M
Income before income taxes
$147.8M
$137.3M
$233.9M
$102.7M
Income tax provision (benefit)
($37.2M)
($33.4M)
($56.2M)
($3.2M)
Net income before non-controlling interest
$110.6M
$103.9M
$177.7M
$99.5M
Less: Net (loss) income attributable to non-controlling interest
($300.0K)
($300.0K)
—
—
Net income attributable to Somnigroup International Inc.
$110.9M
$104.2M
$177.4M
$99.0M
Basic (in dollars per share)
$0.53
$0.50
$0.85
$0.47
Diluted (in dollars per share)
$0.52
$0.49
$0.83
$0.47
Basic (in shares)
210.4M
210.3M
209.9M
209.2M
Diluted (in shares)
212.5M
212.6M
212.5M
212.4M
Loss on disposal of business
$0
—
$0
$13.9M
Balance sheet
Somnigroup International Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$134.9M
$117.4M
$74.9M
$69.4M
Accounts receivable, net
$358.5M
$404.5M
$431.4M
$422.6M
Inventories
$630.0M
$447.0M
$483.1M
$555.0M
Prepaid expenses and other current assets
$170.7M
$96.5M
$113.8M
$148.2M
Total Current Assets
$1.3B
$1.1B
$1.1B
$1.2B
Restricted cash
$0
$1.6B
—
—
Property, plant and equipment, net
$1.0B
$811.1M
$878.3M
$791.1M
Goodwill
$4.6B
$1.1B
$1.1B
$1.1B
Trade name and other intangible assets, net
$2.6B
$700.5M
$714.8M
$715.8M
Operating lease right-of-use assets
$1.9B
$598.8M
$636.5M
$506.8M
Deferred income taxes
$18.5M
$15.3M
$15.6M
$11.3M
Other non-current assets
$207.1M
$130.3M
$122.2M
$77.3M
Total Assets
$11.6B
$6.0B
$4.6B
$4.4B
Accounts payable
$401.6M
$360.5M
$311.3M
$359.8M
Accrued expenses and other current liabilities
$636.5M
$393.9M
$427.1M
$432.7M
Short-term operating lease obligations
$399.6M
$126.8M
$119.6M
$105.5M
Income taxes payable
$15.1M
$9.6M
$5.3M
$12.8M
Current portion of long-term debt
$112.4M
$69.5M
$44.9M
$70.4M
Total Current Liabilities
$1.6B
$960.3M
$908.2M
$981.2M
Long-term debt, net
$4.6B
$3.7B
$2.5B
$2.7B
Long-term operating lease obligations
$1.6B
$532.1M
$574.8M
$453.5M
Deferred income taxes
$624.9M
$108.3M
$127.9M
$114.0M
Other non-current liabilities
$130.6M
$71.0M
$82.6M
$83.5M
Total Liabilities
$8.5B
$5.4B
$4.2B
$4.4B
Redeemable non-controlling interest
$8.9M
$9.3M
$10.0M
$9.8M
Common stock, $0.01 par value, 500.0 million shares authorized; 283.8 million shares issued as of December 31, 2025 and 2024
2.8M
2.8M
2.8M
2.8M
Additional paid in capital
$1.0B
$501.2M
$558.7M
$598.2M
Retained earnings
$3.8B
$3.6B
$3.3B
$3.0B
Accumulated other comprehensive loss
($98.4M)
($186.8M)
($136.7M)
($176.9M)
Treasury stock at cost; 73.9 million and 110.2 million shares as of December 31, 2025 and 2024, respectively
-1.7B
—
—
—
Total Stockholders' Equity
$3.1B
$559.0M
$323.4M
($22.1M)
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders' Equity
$11.6B
$6.0B
$4.6B
$4.4B
Somnigroup International Inc. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$112.0M
$110.8M
$100.2M
$98.1M
Accounts receivable, net
$361.4M
$339.1M
$397.7M
$360.9M
Inventories
$649.8M
$631.0M
$645.1M
$709.6M
Prepaid expenses and other current assets
$165.8M
$164.8M
$166.8M
$219.4M
Total Current Assets
$1.3B
$1.2B
$1.3B
$1.4B
Property, plant and equipment, net
$1.0B
$1.0B
$1.0B
$1.0B
Goodwill
$4.6B
$4.6B
$4.4B
$4.6B
Trade name and other intangible assets, net
$2.6B
$2.6B
$2.6B
$2.4B
Operating lease right-of-use assets
$1.9B
$1.9B
$1.9B
$1.8B
Deferred income taxes
$21.6M
$18.3M
$15.2M
$16.8M
Other non-current assets
$232.6M
$219.9M
$161.9M
$151.6M
Total Assets
$11.6B
$11.5B
$11.4B
$11.4B
Accounts payable
$522.2M
$465.1M
$458.8M
$482.2M
Accrued expenses and other current liabilities
$646.3M
$610.1M
$749.6M
$692.0M
Short-term operating lease obligations
$405.2M
$400.7M
$395.8M
$377.3M
Current portion of long-term debt
$115.7M
$112.1M
$113.7M
$113.4M
Income taxes payable
$33.6M
$18.2M
$24.1M
$17.6M
Total Current Liabilities
$1.7B
$1.6B
$1.7B
$1.7B
Long-term debt, net
$4.3B
$4.4B
$4.5B
$4.8B
Long-term operating lease obligations
$1.6B
$1.6B
$1.6B
$1.6B
Deferred income taxes
$626.5M
$625.7M
$427.9M
$372.0M
Other non-current liabilities
$133.3M
$130.7M
$123.7M
$118.4M
Total Liabilities
$8.4B
$8.4B
$8.4B
$8.5B
Redeemable non-controlling interest
$7.6M
$7.9M
$8.9M
$8.9M
Total Stockholders' Equity
$3.2B
$3.1B
$3.0B
$2.8B
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders' Equity
$11.6B
$11.5B
$11.4B
$11.4B
Cash flow statement
Somnigroup International Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income before non-controlling interest
$385.3M
$385.7M
$370.7M
$457.8M
Depreciation and amortization
$249.5M
$165.1M
$135.3M
$127.1M
Amortization of stock-based compensation
$41.0M
$36.4M
$47.7M
$53.1M
Amortization of deferred financing costs and discounts
$6.7M
$4.3M
$3.9M
$3.9M
Bad debt expense
$5.6M
$22.5M
$8.2M
$6.7M
Deferred income taxes
$25.8M
($19.2M)
$8.3M
($10.5M)
Dividends received from unconsolidated affiliates
$20.5M
$24.3M
$20.4M
$22.9M
Equity income in earnings of unconsolidated affiliates
($19.6M)
($18.9M)
($23.0M)
($21.1M)
Loss on disposal of business
$0
$0
$1.4M
$0
Loss on disposal of business
$13.9M
—
—
—
Foreign currency adjustments and other
$16.9M
$1.7M
($900.0K)
$300.0K
Accounts receivable
$72.6M
($7.3M)
($11.5M)
($14.8M)
Inventories
$136.5M
$26.8M
$75.8M
($101.9M)
Prepaid expenses and other assets
($18.9M)
($23.6M)
$50.1M
($24.2M)
Operating leases, net
$8.8M
$2.3M
$5.3M
$4.4M
Accounts payable
($133.1M)
$58.3M
($46.9M)
($59.5M)
Accrued expenses and other liabilities
($35.5M)
($21.1M)
($14.7M)
($67.3M)
Income taxes receivable and payable
$24.1M
$29.2M
($59.8M)
$1.5M
Net cash provided by operating activities
$800.1M
—
—
$378.8M
Purchases of property, plant and equipment
($166.9M)
($97.3M)
($185.4M)
($306.5M)
Acquisitions, net of cash acquired
($2.8B)
—
$0
$0
Purchases of investments
($41.7M)
—
—
—
Other
$8.8M
$600.0K
($2.4M)
($8.8M)
Net cash used in investing activities
($3.0B)
($96.7M)
($187.8M)
($315.3M)
Proceeds from borrowings under long-term debt obligations
$4.4B
$3.0B
$2.7B
$2.3B
Repayments of borrowings under long-term debt obligations
($3.5B)
($1.8B)
($2.9B)
($1.8B)
Proceeds from exercise of stock options
$49.5M
$500.0K
$2.9M
$500.0K
Treasury stock repurchased
($132.4M)
($43.8M)
($36.0M)
($667.4M)
Dividends paid
($127.4M)
($92.7M)
($77.7M)
($70.5M)
Payment of deferred financing costs
$0
($13.7M)
($6.5M)
$0
Repayments of finance lease obligations and other
($22.6M)
($19.3M)
($16.2M)
($16.2M)
Net cash provided by (used in) financing activities
$616.9M
$1.1B
($384.3M)
($279.1M)
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH
$32.5M
($12.4M)
$7.3M
($15.4M)
(Decrease) increase in cash, cash equivalents and restricted cash
($1.6B)
$1.6B
$5.5M
($231.3M)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period
$1.7B
$74.9M
$69.4M
$300.7M
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period
$134.9M
$1.7B
—
—
Interest
$278.3M
$157.7M
$144.6M
$105.8M
Treasury stock issued in connection with Mattress Firm Acquisition
$2.2B
—
—
—
Somnigroup International Inc. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income before non-controlling interest
$214.5M
$103.9M
$244.4M
$66.7M
Depreciation and amortization
$123.3M
$60.9M
$180.0M
$116.2M
Amortization of stock-based compensation
$22.6M
$11.6M
$30.7M
$18.5M
Amortization of deferred financing costs
$3.3M
$1.7M
$5.0M
$3.4M
Bad debt expense
$1.3M
$1.9M
$4.4M
$4.3M
Deferred income taxes
($600.0K)
$1.7M
$1.5M
$1.1M
Dividends received from unconsolidated affiliates
$6.6M
$5.3M
$19.0M
$6.7M
Equity income in earnings of unconsolidated affiliates
($8.7M)
($5.6M)
($10.9M)
($7.8M)
Loss on disposal of business
$0
—
$13.9M
$13.9M
Foreign currency adjustments and other
$3.8M
$2.6M
$14.2M
$4.4M
Changes in operating assets and liabilities, net of effect of business acquisitions
$116.7M
$62.5M
$198.5M
$65.1M
Net cash provided by operating activities
$482.8M
$246.5M
$700.7M
$292.5M
Purchases of property, plant and equipment
($115.2M)
($60.5M)
($108.6M)
($60.7M)
Acquisitions, net of cash acquired
$0
$0
($2.8B)
($2.8B)
Purchases of investments
($300.0K)
($300.0K)
($23.4M)
—
Other
$400.0K
$100.0K
$8.1M
$7.1M
Net cash used in investing activities
($115.1M)
($60.7M)
($2.9B)
($2.9B)
Proceeds from borrowings under long-term debt obligations
$1.8B
$1.2B
$3.4B
$2.7B
Repayments of borrowings under long-term debt obligations
($2.1B)
($1.3B)
($2.6B)
($1.6B)
Proceeds from exercise of stock options
$0
$0
$49.4M
$49.1M
Treasury stock repurchased
($26.2M)
($26.2M)
($132.4M)
($132.4M)
Dividends paid
($72.5M)
($36.7M)
($95.9M)
($64.4M)
Repayments of finance lease obligations and other
($13.2M)
($7.4M)
($16.4M)
($10.6M)
Net cash (used in) provided by financing activities
($384.0M)
($204.7M)
$605.9M
$940.2M
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH
($6.6M)
($5.2M)
$32.3M
$33.8M
Decrease in cash, cash equivalents and restricted cash
($22.9M)
($24.1M)
($1.6B)
($1.6B)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period
$134.9M
$134.9M
$1.7B
$1.7B
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period
$112.0M
$110.8M
$100.2M
$98.1M
Cash paid for interest
$121.7M
$45.1M
$197.1M
$142.3M
Income taxes, net of refunds
$33.2M
—
$14.2M
$1.1M
Treasury stock issued in connection with Mattress Firm Acquisition