| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 253.72M | 261.53M | 236.15M | 213.27M | 182.94M | 159.45M |
| Gross Profit | 169.09M | 201.87M | 128.55M | 156.65M | 141.62M | 136.87M |
| EBITDA | 82.17M | 88.45M | 64.05M | 46.27M | 12.37M | 56.87M |
| Net Income | 59.35M | 62.64M | 46.14M | 33.94M | 8.11M | 44.04M |
Balance Sheet | ||||||
| Total Assets | 194.31M | 236.49M | 230.54M | 301.37M | 227.76M | 104.74M |
| Cash, Cash Equivalents and Short-Term Investments | 114.64M | 144.82M | 133.47M | 232.86M | 165.51M | 53.14M |
| Total Debt | 8.15M | 11.74M | 15.92M | 4.20M | 2.49M | 912.00K |
| Total Liabilities | 133.86M | 157.04M | 169.55M | 140.54M | 118.86M | 104.62M |
| Stockholders Equity | 60.45M | 79.46M | 61.00M | 160.83M | 108.90M | 127.00K |
Cash Flow | ||||||
| Free Cash Flow | 51.27M | 59.73M | 51.00M | 53.76M | 14.15M | 46.15M |
| Operating Cash Flow | 59.44M | 63.66M | 52.72M | 61.53M | 20.09M | 46.15M |
| Investing Cash Flow | -10.74M | -3.92M | -6.81M | -7.77M | -5.93M | -16.00K |
| Financing Cash Flow | -64.48M | -48.36M | -145.30M | 14.01M | 98.22M | -51.34M |
Sleep Cycle has launched Luma, an AI-powered health coach that extends beyond traditional sleep tracking to offer personalized guidance connecting sleep to various life goals such as mental health, stress, and productivity. Luma represents a significant expansion in Sleep Cycle’s role, positioning the company as a leader at the intersection of sleep science, AI, and personal guidance, with its availability starting for iOS users and a broader rollout planned for early 2026.
Sleep Cycle has announced a new partnership with Urban Sports Club, a leading sports and wellness platform, to offer an integrated wellness experience by combining sleep insights with fitness goals. This collaboration aims to enhance user health by integrating sleep intelligence into broader wellness ecosystems, potentially driving subscriber and revenue growth for Sleep Cycle.
At the Extraordinary General Meeting of Sleep Cycle AB on October 28, 2025, Christian Kanstrup was elected as a new member of the Board of Directors. The meeting resolved to increase the Board by one member, with Kanstrup serving until the next Annual General Meeting. The annual fees for Board members will continue to apply, with the new member receiving fees pro rata for their duty period.
Sleep Cycle has announced a pilot collaboration with Ultrahuman, a global health and wellness company, to license its ‘Sleep SDK’ technology. This partnership aims to integrate Sleep Cycle’s technology into Ultrahuman’s ecosystem to enhance user health optimization. The collaboration is part of Sleep Cycle’s strategy to grow through partnerships and licensing, marking a significant step in expanding its reach and creating new revenue streams.
Sleep Cycle AB reported a 6.6% decrease in net sales for the third quarter of 2025, with a decline in operating profit and a reduction in the number of paying subscribers. Despite these challenges, the company is focusing on innovation and partnerships, launching a new Liquid Glass design and an AI sleep coach, as well as strengthening its ‘Powered by Sleep Cycle’ strategy with a new Sleep SDK.
Sleep Cycle AB has appointed its nominating committee for the 2026 Annual General Meeting, consisting of representatives from the three largest shareholders and the Chairperson of the Board. This committee, which represents 66.1% of the company’s votes, will prepare resolutions for the meeting, including board member appointments and auditor fees, in accordance with the Swedish Companies Act and Corporate Governance Code.
Sleep Cycle AB is set to present its third-quarter 2025 interim report on October 24, with a webcast featuring CEO Erik Jivmark and CFO Elisabeth Hedman. The presentation will provide insights into the company’s performance and allow stakeholders to engage through a Q&A session, reflecting Sleep Cycle’s commitment to transparency and stakeholder engagement.
Sleep Cycle AB has announced an Extraordinary General Meeting (EGM) scheduled for October 28, 2025, in Gothenburg, Sweden. The meeting will address key issues such as the election of a new Board member and determination of Board fees, which could impact the company’s governance and strategic direction.
Sleep Cycle’s Nomination Committee has proposed Christian Kanstrup as a new member of the Board of Directors, prompting the company to plan an Extraordinary General Meeting. Kanstrup, with a strong background in the medtech sector and experience in the US market, is expected to bring strategic value to Sleep Cycle as it aims to reinforce its position as a global leader in digital sleep health.
Sleep Cycle has launched its Sleep Software Development Kit (SDK) as part of its strategy to expand its technology licensing under the ‘Powered by Sleep Cycle’ concept. This SDK allows partners to integrate Sleep Cycle’s sleep analysis and tracking features into their own products, enhancing the company’s B2B offerings and opening new revenue streams. The SDK is designed for easy integration with mobile applications and connected devices, positioning Sleep Cycle as a key technology partner in the sleep and health industry.
Sleep Cycle, a leading sleep analysis app, has launched its new Liquid Glass design with the release of Apple’s iOS 26, enhancing user experience with smoother navigation and intuitive interactions. Additionally, the company is developing an AI sleep coach to provide personalized insights and recommendations, aiming to expand its market reach and reinforce its commitment to global health.