SN - SharkNinja, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$154.00
DETAILS
HIGH:
$200.00
LOW:
$128.00
MEDIAN:
$145.00
CONSENSUS:
$154.00
UPSIDE:
37.46%
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||
| Revenue | 1,412.8 | 2,101.4 | 1,630.2 | 1,444.9 | 1,222.6 | 1,787.2 | 1,426.6 | 1,248.7 | 1,066.2 | 1,377.5 | 1,070.6 | 950.3 | 855.3 | 1,088.1 | 946.9 | 778.2 | 809.6 |
| Cost of Revenue | 724.2 | 1,093.8 | 818.9 | 742.8 | 619.4 | 947.7 | 731.6 | 653.6 | 539.6 | 754.6 | 583.1 | 553.4 | 454.7 | 700.2 | 603.4 | 486.7 | 457.7 |
| Gross Profit | 688.6 | 1,007.6 | 811.4 | 702.1 | 603.2 | 839.5 | 695.0 | 595.0 | 526.6 | 622.9 | 487.5 | 396.9 | 400.5 | 388.0 | 343.5 | 291.5 | 351.9 |
| Operating Expenses | |||||||||||||||||
| R&D Expenses | 98.9 | 98.2 | 90.7 | 87.3 | 87.6 | 86.8 | 94.8 | 88.1 | 69.6 | 69.0 | 60.7 | 61.0 | 58.7 | 55.0 | 54.0 | 54.0 | 52.0 |
| SG&A Expenses | 431.6 | 565.6 | 450.8 | 450.1 | 370.7 | 547.5 | 419.9 | 407.0 | 302.1 | 453.2 | 332.3 | 280.3 | 219.2 | 348.6 | 180.4 | 201.4 | 177.6 |
| Other Expenses | (6.4) | 0 | 0 | (4.0) | 0 | 0 | 0 | (4.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 524.1 | 663.8 | 541.5 | 533.4 | 458.3 | 634.3 | 514.7 | 491.2 | 371.7 | 522.1 | 392.9 | 341.3 | 277.9 | 403.6 | 234.4 | 255.4 | 229.5 |
| Operating Income | |||||||||||||||||
| Operating Income | 164.5 | 343.8 | 269.8 | 168.6 | 144.9 | 205.1 | 180.3 | 103.8 | 156.3 | 100.8 | 94.5 | 55.6 | 122.6 | (15.6) | 109.1 | 36.1 | 122.4 |
| Interest Expense | (6.6) | 9.4 | 12.8 | 13.8 | 12.6 | 17.2 | 16.9 | 14.8 | 14.7 | 16.4 | 13.0 | 7.0 | 8.5 | 16.4 | 8.5 | 6.1 | 4.0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||
| EBITDA | 203.0 | 378.2 | 290.4 | 229.7 | 190.1 | 218.4 | 221.1 | 133.8 | 186.0 | 133.1 | 114.3 | 52.0 | 142.6 | 33.1 | 132.5 | 49.1 | 138.7 |
| EBIT | 164.5 | 339.3 | 256.8 | 194.7 | 158.2 | 182.2 | 191.3 | 104.5 | 158.2 | 106.6 | 88.7 | 23.0 | 119.8 | 8.0 | 111.1 | 29.1 | 118.5 |
| Income Before Tax | 147.6 | 329.9 | 244.0 | 180.9 | 145.5 | 164.9 | 174.4 | 89.7 | 143.5 | 90.3 | 75.7 | 15.9 | 111.4 | (8.4) | 102.6 | 23.1 | 114.5 |
| Income Tax Expense | 26.1 | 74.7 | 55.3 | 41.3 | 27.7 | 36.2 | 42.0 | 21.6 | 33.9 | 40.9 | 57.0 | 4.0 | 24.3 | (0.3) | 22.3 | 6.6 | 25.6 |
| Net Income | 121.5 | 255.2 | 188.7 | 139.6 | 117.8 | 128.7 | 132.3 | 68.0 | 109.6 | 49.3 | 18.7 | 11.9 | 87.1 | (8.2) | 80.3 | 16.5 | 88.9 |
| Per Share Data | |||||||||||||||||
| EPS (Basic) | 0.86 | 1.81 | 1.34 | 0.99 | 0.84 | 0.92 | 0.94 | 0.49 | 0.79 | 0.35 | 0.13 | 0.09 | 0.63 | -0.06 | 0.58 | 0.12 | 0.64 |
| EPS (Diluted) | 0.85 | 1.80 | 1.33 | 0.98 | 0.83 | 0.91 | 0.94 | 0.48 | 0.78 | 0.35 | 0.13 | 0.09 | 0.63 | -0.06 | 0.58 | 0.12 | 0.64 |
| Shares Outstanding | 141.4 | 141.2 | 141.1 | 141.0 | 140.6 | 141.4 | 140.1 | 139.9 | 139.4 | 139.1 | 144.0 | 139.0 | 139.0 | 139.0 | 139.0 | 139.0 | 139.0 |
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||
| Cash & Cash Equivalents | 511.8 | 777.3 | 263.8 | 188.2 | 224.7 | 363.7 | 127.9 | 138.1 | 131.9 | 154.1 | 170.4 | 256.4 | 181.5 | 192.9 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 1,656.6 | 1,667.1 | 1,725.1 | 1,444.6 | 1,040.6 | 1,266.6 | 1,190.4 | 1,080.1 | 780.6 | 1,023.3 | 974.8 | 959.4 | 826.4 | 839.4 |
| Inventory | 1,034.6 | 1,002.2 | 1,158.3 | 1,052.7 | 973.2 | 900.0 | 1,076.2 | 840.5 | 750.0 | 699.7 | 792.2 | 537.7 | 510.5 | 548.6 |
| Other Current Assets | 0 | 0 | (129.9) | 0 | 157.5 | 114.0 | 121.7 | 103.6 | 61.4 | 0 | 8.3 | 23.2 | 42.0 | 48.6 |
| Total Current Assets | 3,261.7 | 3,611.3 | 3,243.9 | 2,756.5 | 2,396.1 | 2,644.3 | 2,516.3 | 2,162.4 | 1,723.8 | 1,897.3 | 1,987.1 | 1,836.3 | 1,578.9 | 1,715.7 |
| Non-Current Assets | ||||||||||||||
| Property, Plant & Equipment | 379.8 | 374.7 | 362.4 | 353.5 | 365.2 | 357.7 | 346.0 | 320.5 | 305.9 | 229.6 | 213.4 | 212.1 | 210.5 | 204.7 |
| Goodwill | 834.8 | 834.8 | 834.8 | 834.8 | 834.8 | 834.8 | 834.8 | 834.0 | 834.0 | 834.2 | 834.0 | 839.8 | 840.2 | 840.1 |
| Intangible Assets | 449.3 | 451.1 | 454.5 | 457.5 | 459.5 | 462.7 | 466.8 | 470.5 | 474.5 | 477.8 | 481.8 | 485.2 | 488.5 | 492.7 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 470.5 | 474.5 | 477.8 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 72.2 | 66.8 | 79.4 | 63.2 | 61.2 | 51.6 | 53.7 | (413.2) | (403.1) | (429.6) | 49.0 | 44.0 | 43.7 | 35.4 |
| Total Non-Current Assets | 1,756.5 | 1,738.2 | 1,731.1 | 1,782.7 | 1,779.4 | 1,749.9 | 1,721 | 1,689.0 | 1,685.9 | 1,589.8 | 1,578.1 | 1,585.1 | 1,587.9 | 1,579.2 |
| Total Assets | 5,018.3 | 5,349.4 | 4,975.0 | 4,539.3 | 4,175.4 | 4,394.2 | 4,237.3 | 3,851.4 | 3,409.7 | 3,487.1 | 3,565.2 | 3,421.4 | 3,166.8 | 3,294.9 |
| Current Liabilities | ||||||||||||||
| Account Payables | 583.5 | 679.5 | 681.8 | 582.6 | 462.5 | 612.0 | 632.9 | 504.8 | 409.4 | 459.7 | 646.7 | 371.4 | 276.0 | 328.1 |
| Short-Term Debt | 39.3 | 39.3 | 39.3 | 39.3 | 39.3 | 39.3 | 214.3 | 149.3 | 29.2 | 24.2 | 19.1 | 99.5 | 99.5 | 87.0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 13.7 | 13.1 | 48.0 | 21.0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 684.3 | 132.5 | (24.8) | 113.3 | 78.3 | 112.7 | 86.8 | 65.2 | 19.1 | 73.8 | 94.8 | 108.9 | 57.5 | 44.5 |
| Total Current Liabilities | 1,372.5 | 1,773.6 | 1,657.6 | 1,418.5 | 1,214.0 | 1,529.5 | 1,510.2 | 1,267.5 | 895.8 | 1,125.1 | 1,119.8 | 1,110 | 867.6 | 968.7 |
| Non-Current Liabilities | ||||||||||||||
| Long-Term Debt | 687.0 | 696.8 | 706.6 | 716.5 | 726.3 | 736.1 | 746.0 | 755.8 | 765.6 | 775.5 | 785.4 | 299.5 | 299.3 | 349.2 |
| Deferred Tax Liabilities | 15.9 | 16.3 | 18.8 | 19.2 | 16.3 | 9.9 | 3.8 | 5.8 | 6.4 | 16.5 | 47.3 | 52.4 | 54.5 | 61.0 |
| Other Non-Current Liabilities | 45.3 | 45.6 | 37.0 | 37.2 | 37.3 | 37.3 | 30.8 | 30.8 | 28.3 | 28.0 | 27.7 | 27.7 | 26.1 | 26.0 |
| Total Non-Current Liabilities | 882.7 | 899.6 | 909.1 | 913.1 | 923.2 | 928.7 | 932.6 | 937.9 | 940.3 | 883.0 | 923.1 | 444.9 | 441.2 | 497.9 |
| Total Liabilities | 2,255.2 | 2,673.2 | 2,566.7 | 2,331.6 | 2,137.2 | 2,458.2 | 2,442.8 | 2,205.4 | 1,836.1 | 2,008.2 | 2,042.9 | 1,554.9 | 1,308.8 | 1,466.6 |
| Stockholders' Equity | ||||||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 1,731.9 | 1,610.4 | 1,355.2 | 1,166.5 | 1,026.9 | 909.0 | 780.3 | 648.0 | 579.9 | 470.3 | 571.2 | 935.5 | 923.6 | 896.7 |
| Accumulated Other Comprehensive Income | 16.0 | 20.3 | 18.8 | 22.3 | 2.6 | (11.3) | 1.8 | (4.9) | (2.5) | (1.0) | (8.1) | (10.2) | (6.8) | (9.7) |
| Total Stockholders' Equity | 2,763.1 | 2,676.2 | 2,408.3 | 2,207.7 | 2,038.2 | 1,936.0 | 1,794.5 | 1,646.0 | 1,573.6 | 1,478.9 | 1,522.3 | 1,866.5 | 1,858.0 | 1,828.3 |
| Total Liabilities & Equity | 5,018.3 | 5,349.4 | 4,975.0 | 4,539.3 | 4,175.4 | 4,394.2 | 4,237.3 | 3,851.4 | 3,409.7 | 3,487.1 | 3,565.2 | 3,421.4 | 3,166.8 | 3,294.9 |
| Debt Metrics | ||||||||||||||
| Total Debt | 860.9 | 901.5 | 916.4 | 918.9 | 930.6 | 939.0 | 1,127.2 | 1,062.2 | 944.2 | 871.1 | 876.6 | 475.8 | 472.0 | 511.0 |
| Net Debt | 349.1 | 124.2 | 652.6 | 730.7 | 705.9 | 575.3 | 999.2 | 924.1 | 812.3 | 717.0 | 706.3 | 219.4 | 290.5 | 318.1 |
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||
| Net Income | 121.5 | 255.2 | 188.7 | 139.6 | 117.8 | 128.7 | 132.3 | 68.0 | 109.6 | 49.3 | 18.7 | 11.9 | 87.1 | 46.6 | 80.3 | 16.5 | 88.9 |
| Depreciation & Amortization | 38.4 | 38.9 | 33.7 | 35.1 | 31.9 | 36.2 | 29.8 | 29.2 | 27.8 | 26.4 | 25.6 | 29.0 | 22.8 | 25.1 | 21.4 | 20.0 | 20.2 |
| Stock-Based Compensation | 0 | 12.3 | 9.1 | 10.9 | 11.6 | 37.2 | 13.8 | 14.1 | 19.4 | 22.5 | 21.3 | 2.3 | 0.8 | 0.1 | 1.0 | 1.9 | 2.6 |
| Change in Working Capital | (338.8) | 268.0 | (190.2) | (196.3) | (216.0) | 298.7 | (192.7) | (172.4) | (111.0) | 86.4 | (185.7) | 64.9 | (20.6) | 86.0 | (58.1) | 48.6 | (214.9) |
| Other Non-Cash Items | 32.6 | 15.0 | 69.7 | 13.7 | 9.0 | 3.7 | 8.6 | 4.7 | 8.0 | 45.8 | 5.6 | 3.2 | 4.8 | 10.7 | 8.9 | 1.3 | 8.9 |
| Operating Cash Flow | (156.3) | 587.1 | 111.0 | (9.1) | (54.9) | 489.7 | (23.1) | (63.8) | 43.9 | 184.8 | (104.6) | 110.6 | 89.8 | 165.5 | 53.5 | 87.1 | (101.1) |
| Investing Activities | |||||||||||||||||
| Capital Expenditure | (33.9) | (63.7) | (24.8) | (27.4) | (36.8) | (48.3) | (41.9) | (32.3) | (26.9) | (53.7) | (30.6) | (23.2) | (24.3) | (31.7) | (20.2) | (27.9) | (10.1) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 0 | 0.4 | (0.7) |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.4 | (0.7) |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1.1) |
| Other Investing Activities | 0 | (2.6) | (6.8) | 0 | (4.1) | (5.8) | (2.3) | 0 | 0 | 0 | 7.7 | (16.8) | 16.5 | 42.4 | (4.6) | (0.4) | 1.5 |
| Investing Cash Flow | (38.4) | (63.7) | (31.6) | (27.6) | (36.8) | (48.3) | (43.7) | (32.3) | (26.9) | (53.7) | (16.5) | (40.0) | (7.8) | 11.1 | (24.8) | (27.5) | (11.1) |
| Financing Activities | |||||||||||||||||
| Net Debt Issuance | (10.1) | (10.1) | (10.1) | (10.1) | (10.1) | (185.1) | 54.9 | 109.9 | (5.1) | (5.3) | 400.9 | (0.0) | (37.5) | (204.3) | 76.2 | (10) | 38.7 |
| Stock Repurchased | (18.5) | 0 | (1.1) | (0.8) | (48.4) | (11.4) | (9.8) | (7.4) | (32.9) | (4.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (150.2) | (375.0) | 0 | (60.3) | 0 | 0 | (14.7) | (30.7) |
| Other Financing Activities | (40.6) | (1.0) | 7.4 | 0 | 7.4 | 0 | 5.5 | 0 | 0 | 0 | (3.2) | 0.8 | (0.8) | 49.3 | (49.3) | (15.3) | 0 |
| Financing Cash Flow | (69.2) | (11.1) | (3.9) | (10.9) | (51.1) | (196.5) | 50.6 | 102.6 | (37.9) | (159.8) | 22.7 | 0.8 | (98.6) | (155.0) | 26.9 | (40.0) | 8.0 |
| Cash Position | |||||||||||||||||
| Net Change in Cash | (265.5) | 513.5 | 75.6 | (36.5) | (139.0) | 235.7 | (10.2) | 6.2 | (22.2) | (16.3) | (109.2) | 72.1 | (11.3) | 19.1 | 51.5 | 14.0 | (106.5) |
| Cash at Beginning | 777.3 | 263.8 | 188.2 | 224.7 | 363.7 | 127.9 | 138.1 | 131.9 | 154.1 | 170.4 | 279.6 | 207.5 | 218.8 | 199.7 | 148.2 | 134.1 | 240.6 |
| Cash at End | 511.8 | 777.3 | 263.8 | 188.2 | 224.7 | 363.7 | 127.9 | 138.1 | 131.9 | 154.1 | 170.4 | 279.6 | 207.5 | 218.8 | 199.7 | 148.2 | 134.1 |
| Free Cash Flow | (190.2) | 523.3 | 86.2 | (36.5) | (91.7) | 441.4 | (65.0) | (96.1) | 17.0 | 131.1 | (135.2) | 87.4 | 65.5 | 133.9 | 33.3 | 59.2 | (111.2) |
| Key Metrics | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||
| Revenue | 1,412.8 | 2,101.4 | 1,630.2 | 1,444.9 | 1,222.6 | 1,787.2 | 1,426.6 | 1,248.7 | 1,066.2 | 1,377.5 | 1,070.6 | 950.3 | 855.3 | 1,088.1 | 946.9 | 778.2 | 809.6 |
| Gross Profit | 688.6 | 1,007.6 | 811.4 | 702.1 | 603.2 | 839.5 | 695.0 | 595.0 | 526.6 | 622.9 | 487.5 | 396.9 | 400.5 | 388.0 | 343.5 | 291.5 | 351.9 |
| Operating Income | 164.5 | 343.8 | 269.8 | 168.6 | 144.9 | 205.1 | 180.3 | 103.8 | 156.3 | 100.8 | 94.5 | 55.6 | 122.6 | (15.6) | 109.1 | 36.1 | 122.4 |
| Net Income | 121.5 | 255.2 | 188.7 | 139.6 | 117.8 | 128.7 | 132.3 | 68.0 | 109.6 | 49.3 | 18.7 | 11.9 | 87.1 | (8.2) | 80.3 | 16.5 | 88.9 |
| EPS (Diluted) | 0.85 | 1.80 | 1.33 | 0.98 | 0.83 | 0.91 | 0.94 | 0.48 | 0.78 | 0.35 | 0.13 | 0.09 | 0.63 | -0.06 | 0.58 | 0.12 | 0.64 |
| Balance Sheet | |||||||||||||||||
| Cash & Equivalents | 511.8 | 777.3 | 263.8 | 188.2 | 224.7 | 363.7 | 127.9 | 138.1 | 131.9 | 154.1 | 170.4 | 256.4 | 181.5 | 192.9 | |||
| Total Assets | 5,018.3 | 5,349.4 | 4,975.0 | 4,539.3 | 4,175.4 | 4,394.2 | 4,237.3 | 3,851.4 | 3,409.7 | 3,487.1 | 3,565.2 | 3,421.4 | 3,166.8 | 3,294.9 | |||
| Total Debt | 860.9 | 901.5 | 916.4 | 918.9 | 930.6 | 939.0 | 1,127.2 | 1,062.2 | 944.2 | 871.1 | 876.6 | 475.8 | 472.0 | 511.0 | |||
| Stockholders' Equity | 2,763.1 | 2,676.2 | 2,408.3 | 2,207.7 | 2,038.2 | 1,936.0 | 1,794.5 | 1,646.0 | 1,573.6 | 1,478.9 | 1,522.3 | 1,866.5 | 1,858.0 | 1,828.3 | |||
| Cash Flow | |||||||||||||||||
| Operating Cash Flow | (156.3) | 587.1 | 111.0 | (9.1) | (54.9) | 489.7 | (23.1) | (63.8) | 43.9 | 184.8 | (104.6) | 110.6 | 89.8 | 165.5 | 53.5 | 87.1 | (101.1) |
| Capital Expenditure | (33.9) | (63.7) | (24.8) | (27.4) | (36.8) | (48.3) | (41.9) | (32.3) | (26.9) | (53.7) | (30.6) | (23.2) | (24.3) | (31.7) | (20.2) | (27.9) | (10.1) |
| Free Cash Flow | (190.2) | 523.3 | 86.2 | (36.5) | (91.7) | 441.4 | (65.0) | (96.1) | 17.0 | 131.1 | (135.2) | 87.4 | 65.5 | 133.9 | 33.3 | 59.2 | (111.2) |