Sharkninja Incorporation

Latest Results (27.03.2026):

SharkNinja, Inc. — third quarter of 2025: the company reported strong Q3 2025 results with net sales of $1,630,240, a 14% year-over-year increase, higher gross profit and improved margins, operating income of $262,891 and net income of $188,729 (diluted EPS $1.33). Working capital expanded (higher receivables and inventory), shareholders’ equity increased materially year-to-date, and Adam Quigley was named permanent CFO effective November 6, 2025.

Top-line and growth

Net sales $1,630,240 for Q3 2025 vs $1,426,566 in Q3 2024 (+~14.3% year-over-year). Domestic sales were 67.5% of revenue; international 32.5%. By brand, Ninja was 52.0% and Shark 48.0% of Q3 sales. By category, Cleaning led at 36.4%, followed by Cooking (26.8%), Food Preparation (25.2%) and Beauty/Home Environment (11.6%).

Profitability

Gross profit $817,469 in Q3 2025 (gross margin ~50.2% vs ~48.7% a year earlier). Operating income rose to $262,891 (operating margin ~16.1% vs ~12.6% in Q3 2024), reflecting higher sales and relatively controlled operating expenses.

Net income and EPS

Net income $188,729 in Q3 2025 vs $132,329 in Q3 2024 (+~42.6%). Diluted EPS $1.33 vs $0.94 in the prior-year quarter (up ~41%).

Expenses and investments

Sales & marketing increased to $365,919 (Q3 2025) from $300,841 (Q3 2024); R&D was essentially flat at $92,826. Depreciation & amortization and other operating investments rose, supporting product and display capacity (molds, tooling and displays shown as material PPE balances).

Cash flow, working capital and liquidity

Cash & cash equivalents were $263,816 as of Sept 30, 2025 (down from $363,669 at Dec 31, 2024). Operating cash provided YTD was $47,076 (vs cash used in operations of $(43,049) prior-year YTD). Accounts receivable and inventories increased (AR $1,595,180; inventories $1,158,345), driving working capital changes.

Balance sheet and leverage

Total shareholders’ equity rose to $2,408,297 (from $1,935,972 at year-end 2024). Total debt (current + noncurrent) was $745,975 as of Sept 30, 2025, modestly down versus year-end 2024; the company repaid $30,375 of debt in the first nine months of 2025.

Tax and other items

Income tax provision for the quarter was $55,264 on pre-tax income of $243,993 (effective rate ~22.7%), slightly below the prior-year quarter’s effective rate. Other income/(expense) items included negative other expense this quarter versus positive in prior periods, and reported unrealized gains on derivatives YTD.

Corporate update

On November 6, 2025 the Board appointed Adam Quigley as permanent Chief Financial Officer (he had served as interim CFO since September 2025).