Filing Flows › Somnigroup International (SGI) › Q1 2026
Somnigroup International (SGI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Somnigroup International (SGI) reported revenue of $1.8B for the first quarter 2026 (Q1 2026), +12% from a year earlier and -4% from the quarter before. Operating margin was 10.4%, net earnings $104M (5.8% of revenue).
Somnigroup International, Q1 2026: revenue $1.8B (+12% year over year), operating margin 10.4%, net earnings $104M, operating cash flow $246M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | -4% | +12% |
| Gross profit | $777M | -6% | +34% |
| Operating profit | $187M | -24% | 14× |
| Net earnings | $104M | -26% | — |
| Operating cash flow | $246M | +148% | +132% |
| Free cash flow | $186M | +353% | +126% |
What changed
Revenue was $1.8B in Q1 2026, up 12% year over year and down 4% from the previous quarter. Mattress Firm was the largest line at 49% of revenue. Mattress Firm added $0.29B year over year (up 49%), 148% of the total change. Tempur Sealy North America declined 20%.
Gross margin was 43.1%, up 7.0 points from Q1 2025. Operating profit was $0.19B, a 10.4% margin (up 9.6 points year over year). Of the extra revenue versus Q1 2025, 88% reached operating profit, above the 1% margin then. Operating expenses grew 4% against revenue growth of 12%. The fastest-growing cost line was Sales & marketing (+18%). Net earnings were $0.10B. The effective tax rate was 24.3%.
Operating cash flow was $0.25B (up 132% year over year), 237% of net earnings. 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 $0.06B left free cash flow of $0.19B.
Questions
What was Somnigroup International's revenue in the first quarter 2026?
Somnigroup International (SGI) reported revenue of $1.8B for the first quarter 2026 (Q1 2026), +12% from a year earlier and -4% from the quarter before.
Was Somnigroup International profitable in the first quarter 2026?
Operating profit was $187M (10.4% of revenue) and net earnings $104M.