Somnigroup International (SGI) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Somnigroup International published the results on November 9, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Somnigroup International reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Somnigroup completed its acquisition of Leggett & Platt on August 26, 2026. Q3 2026 includes Leggett & Platt only from that date through September 30 (the stub period), and there is no year-ago Leggett & Platt figure.
• Segment net sales are to external customers. Inter-segment sales, mainly Tempur Sealy North America's $315.2 million, are eliminated.

Source: Somnigroup Q3 2026 earnings release, November 9, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Somnigroup International splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Somnigroup International's Mattress Firm revenue was $1.0 billion in Q3 2026, down 6% from $1.1 billion in Q3 2025, 43% of total revenue.
• Somnigroup International's Leggett & Platt revenue was $373 million in Q3 2026, 16% of total revenue.
• Somnigroup International's Tempur Sealy North America revenue was $693 million in Q3 2026, down 6% from $736 million in Q3 2025, 29% of total revenue.
• Somnigroup International's Tempur Sealy International revenue was $277 million in Q3 2026, down 12% from $316 million in Q3 2025, 12% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Somnigroup International said:

“For the full year 2026, the Company revised its expectations for adjusted EPS to a range of $2.85 to $2.95, which represents an approximate 7% increase from 2025 adjusted EPS at the mid-point of the range.”

Source: Somnigroup Q3 2026 earnings release, Nov 9, 2026.

This is the company's own guidance as of Nov 9, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the SGI forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP figures, each as first reported in that quarter's release. Q3 2026 includes Leggett & Platt from August 26, 2026.

We do not hold a confirmed date for Somnigroup International's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 9, 2026

Somnigroup's net sales rose 10.8% to a record $2,350.8 million in Q3 2026, and the increase came from the acquisition: Leggett & Platt added $372.6 million for the stub period from August 26 to September 30. Without it, sales across the other three segments were lower than a year earlier. (Somnigroup Q3 2026 earnings release, Nov 9, 2026)

Mattress Firm, Somnigroup's US retail chain, is the largest segment at $1,008.3 million, down 5.8% mainly on softer online sales, with same store sales down slightly. Mattress Firm is described in the 10-K as the largest multi-branded mattress specialty retailer in the U.S., and at the end of 2025 the group had over 2,800 retail stores worldwide. (Somnigroup Q3 2026 earnings release, Nov 9, 2026; Somnigroup Form 10-K, 2025, Feb 27, 2026)

Tempur Sealy North America, Somnigroup's manufacturing, distribution and retail subsidiaries in the U.S., Canada and Mexico outside Mattress Firm, had net sales of $693.1 million, down 5.8%, which Somnigroup put down to market conditions. Its wholesale channel fell 7.2% to $581.5 million. It also made $315.2 million of inter-segment sales in the quarter, eliminated in consolidation. (Somnigroup Q3 2026 earnings release, Nov 9, 2026; Somnigroup Form 10-K, 2025, Feb 27, 2026)

Tempur Sealy International net sales fell 12.3% to $276.8 million, or 11.7% in constant currency. Sales at Dreams, the leading specialty bedding retailer in the United Kingdom, fell 34.7% after a new ERP system caused operational disruption throughout the quarter; Somnigroup says International excluding Dreams grew high single digits. (Somnigroup Q3 2026 earnings release, Nov 9, 2026)

Leggett & Platt's $372.6 million split into $271.3 million in the wholesale bedding and furnishings channel and $101.3 million in specialized products, a channel Somnigroup did not have before the deal. Across the group, direct bedding sales were $1,279.8 million and wholesale bedding and furnishings $969.7 million. (Somnigroup Q3 2026 earnings release, Nov 9, 2026)

Somnigroup's GAAP diluted EPS fell 10.8% to $0.74 in Q3 2026 while adjusted EPS rose 9.5% to a record $1.04. Adjusted net income of $228.9 million adds back $35.5 million of transaction costs, mostly legal and professional fees for the Leggett & Platt deal, $14.8 million of Leggett & Platt business combination charges, a $13.0 million loss on extinguishment of debt from refinancing, $10.0 million of non-cash purchase accounting effects and $9.0 million of Mattress Firm business combination charges, less a $16.9 million tax adjustment. (Somnigroup Q3 2026 earnings release, Nov 9, 2026)

Tariff refunds helped margins. Somnigroup's 10-Q says Tempur Sealy North America's gross margin gained about $20.0 million of tariff refunds, or 300 basis points, alongside 420 basis points from Mattress Firm acquisition synergies. That segment's gross margin rose to 64.7% from 58.4%, while consolidated gross margin fell to 42.0% from 44.9%; Leggett & Platt's gross margin was 17.7% for the stub period. (Somnigroup Q3 2026 earnings release, Nov 9, 2026; Somnigroup Form 10-Q, Q3 2026, Nov 9, 2026)

Somnigroup's effective tax rate was 26.8% in the quarter against 24.0% a year earlier. Diluted shares rose to 220.2 million from 212.5 million after shares were issued in the Leggett & Platt acquisition. (Somnigroup Form 10-Q, Q3 2026, Nov 9, 2026; Somnigroup Q3 2026 earnings release, Nov 9, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Somnigroup gives a full-year adjusted EPS outlook in its release and does not give a revenue figure. With Q3 2026 results it revised the 2026 range to $2.85 to $2.95, which it says is an approximate 7% increase from 2025 adjusted EPS at the midpoint. It says it cannot reconcile forward adjusted EPS to GAAP EPS without unreasonable efforts. (Somnigroup Q3 2026 earnings release, Nov 9, 2026)

A consensus figure is the average of the models published by the analysts who cover Somnigroup International, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Somnigroup International's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning SGI is on is SGI a buy or a sell?, what analysts expect next is on the SGI forecast, and what the company does is on the Somnigroup International (SGI) stock page.

Every number on this page can be traced to a document Somnigroup International published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.