Filing Flows › Somnigroup International (SGI) › Q1 2025
Somnigroup International (SGI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
Somnigroup International (SGI) reported revenue of $1.6B for the first quarter 2025 (Q1 2025), +35% from a year earlier and +33% from the quarter before. Operating margin was 0.8%, net loss $32.8M (2.0% of revenue).
Somnigroup International, Q1 2025: revenue $1.6B (+35% year over year), operating margin 0.8%, net loss $32.8M, operating cash flow $106M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | +33% | +35% |
| Operating profit | $13.2M | -90% | — |
| Net earnings | −$32.8M | -145% | — |
| Operating cash flow | $106M | -18% | -18% |
| Free cash flow | $82.4M | -24% | -17% |
What changed
Revenue was $1.6B in Q1 2025, up 35% year over year and up 33% from the previous quarter. Tempur Sealy North America was the largest line at 44% of revenue. Tempur Sealy International added $0.02B year over year (up 6%), 4% of the total change. Tempur Sealy North America declined 22%.
Gross margin was 36.2%, down 3.7 points from a year earlier. Operating profit was $0.01B, a 0.8% margin (down 10.2 points year over year). Operating profit fell $0.12B even though revenue rose $0.42B versus a year earlier, so costs grew faster than sales. Operating expenses grew 65% against revenue growth of 35%. The fastest-growing cost line was Other operating costs (+76%). The quarter ended with a net loss of $0.03B, after a profit of $0.07B the previous quarter. Net interest and other expense of $0.06B was the main reason.
Operating cash flow was $0.11B (down 18% year over year). Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.06B. Capital expenditures of $0.02B left free cash flow of $0.08B.
Questions
What was Somnigroup International's revenue in the first quarter 2025?
Somnigroup International (SGI) reported revenue of $1.6B for the first quarter 2025 (Q1 2025), +35% from a year earlier and +33% from the quarter before.
Was Somnigroup International profitable in the first quarter 2025?
Operating profit was $13.2M (0.8% of revenue) and net loss $32.8M.