SharkNinja, Inc. logo SN - SharkNinja, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 10
HOLD 1
SELL 0
STRONG
SELL
0
| PRICE TARGET: $202.18 DETAILS
HIGH: $219.10
LOW: $170.00
MEDIAN: $207.00
CONSENSUS: $202.18
UPSIDE: 9.45%
Metric 2026 Q2 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 1,765.5 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 905.1 724.2 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 860.3 688.6 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 109.3 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 571.6 431.6 565.6 450.8 450.1 370.7 547.5 419.9 407.0 302.1 453.2 332.3 280.3 219.2 348.6 180.4 201.4 177.6
Other Expenses 0 (6.4) 0 0 (4.0) 0 0 0 (4.0) 0 0 0 0 0 0 0 0 0
Operating Expenses 681.0 524.1 663.8 541.5 533.4 458.3 634.3 514.7 491.2 371.7 522.1 392.9 341.3 277.9 403.6 234.4 255.4 229.5
Operating Income
Operating Income 179.4 164.5 343.8 269.8 168.6 144.9 205.1 180.3 103.8 156.3 100.8 94.5 55.6 122.6 (15.6) 109.1 36.1 122.4
Interest Expense 7.9 (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 0
Profitability
EBITDA 227.2 179.4 378.2 290.4 229.7 190.1 218.4 221.1 133.8 186.0 133.1 114.3 52.0 142.6 33.1 132.5 49.1 138.7
EBIT 187.2 141.0 339.3 256.8 194.7 158.2 182.2 191.3 104.5 158.2 106.6 88.7 23.0 119.8 8.0 111.1 29.1 118.5
Income Before Tax 163.7 147.6 329.9 244.0 180.9 145.5 164.9 174.4 89.7 143.5 90.3 75.7 15.9 111.4 (8.4) 102.6 23.1 114.5
Income Tax Expense 33.9 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 129.8 121.5 255.2 188.7 139.6 117.8 128.7 132.3 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) 0.92 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) 0.92 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 141.4 141.4 141.2 141.1 141.0 140.6 141.4 140.1 139.9 139.4 139.1 139.4 139.0 139.0 139.0 139.0 139.0 139.0
Metric 2026 Q2 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 779.8 511.8 777.3 263.8 188.2 224.7 363.7 127.9 138.1 131.9 154.1 170.4 256.4 181.5 192.9
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,582.1 1,656.6 1,780.1 1,725.1 1,444.6 1,040.6 1,334.7 1,190.4 1,080.1 780.6 1,023.3 974.8 959.4 826.4 839.4
Inventory 1,143.6 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 0 (129.9) 0 157.5 0 121.7 103.6 61.4 0 8.3 23.2 42.0 48.6
Total Current Assets 3,762.9 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 444.5 379.8 374.7 362.4 353.5 365.2 357.7 346.0 320.5 305.9 229.6 213.4 212.1 210.5 204.7
Goodwill 834.8 834.8 834.8 834.8 834.8 834.8 834.8 834.8 834.0 834.0 834.2 834.0 839.8 840.2 840.1
Intangible Assets 446.9 449.3 451.1 454.5 457.5 459.5 462.7 466.8 470.5 474.5 477.8 481.8 485.2 488.5 492.7
Long-Term Investments 0 0 0 0 0 0 0 0 470.5 474.5 477.8 0 0 0 0
Other Non-Current Assets 69.2 72.2 66.8 68.5 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 1,829.3 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 5,592.2 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 760.8 583.5 679.5 681.8 582.6 462.5 612.0 632.9 504.8 409.4 459.7 646.7 371.4 276.0 328.1
Short-Term Debt 39.3 39.3 39.3 39.3 39.3 39.3 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 0 13.7 13.1 48.0 21.0 0 0 0 0
Other Current Liabilities 0 684.3 132.5 (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 1,809.3 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 677.1 687.0 696.8 706.6 716.5 726.3 736.1 746.0 755.8 765.6 775.5 785.4 299.5 299.3 349.2
Deferred Tax Liabilities 13.2 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 52.7 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 939.5 882.7 899.6 909.1 913.1 923.2 928.7 932.6 937.9 940.3 883.0 923.1 444.9 441.2 497.9
Total Liabilities 2,748.8 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 0.0
Retained Earnings 1,861.7 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 18.9 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 2,843.4 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 5,592.2 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 913.0 860.9 901.5 916.4 918.9 930.6 939.0 1,127.2 1,062.2 944.2 871.1 876.6 475.8 472.0 511.0
Net Debt 133.2 349.1 124.2 652.6 730.7 705.9 575.3 999.2 924.1 812.3 717.0 706.3 219.4 290.5 318.1
Metric 2026 Q2 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 129.8 121.5 255.2 188.7 139.6 117.8 128.7 132.3 68.0 109.6 49.3 18.7 11.9 87.1 46.6 80.3 16.5 88.9
Depreciation & Amortization 40.0 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 47.2 30.3 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 203.2 (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 (47.9) 48.6 (214.9)
Other Non-Cash Items 27.8 2.3 15.0 7.3 13.7 9.0 3.7 8.6 4.7 8.0 45.8 5.6 3.2 4.8 10.7 4.3 1.3 8.9
Operating Cash Flow 431.8 (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 (44.7) (38.4) (63.7) (24.8) (27.4) (36.8) (48.3) (41.9) (30.2) (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 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 0.4 (0.7)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (1.1)
Other Investing Activities (3.8) (4.4) (2.6) (6.8) (0.2) (4.1) (5.8) (2.3) (2.1) (3.3) (1.5) 7.7 (16.8) 16.5 42.4 (4.6) (0.4) 1.5
Investing Cash Flow (53.0) (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) (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 (100.7) (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 0 (150.2) (375.0) 0 (60.3) 0 0 (14.7) (30.7)
Other Financing Activities 0 (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 (110.8) (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 268.1 (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 511.8 777.3 263.8 188.2 224.7 363.7 127.9 138.1 131.9 154.1 170.4 279.6 207.5 218.8 199.7 148.2 134.1 240.6
Cash at End 779.8 511.8 777.3 263.8 188.2 224.7 363.7 127.9 138.1 131.9 154.1 170.4 279.6 207.5 218.8 199.7 148.2 134.1
Free Cash Flow 387.1 (194.6) 523.3 86.2 (36.5) (91.7) 441.4 (65.0) (94.0) 17.0 131.1 (135.2) 87.4 65.5 133.9 33.3 59.2 (111.2)
Key Metrics 2026 Q2 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 1,765.5 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 860.3 688.6 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 179.4 164.5 343.8 269.8 168.6 144.9 205.1 180.3 103.8 156.3 100.8 94.5 55.6 122.6 (15.6) 109.1 36.1 122.4
Net Income 129.8 121.5 255.2 188.7 139.6 117.8 128.7 132.3 68.0 109.6 49.3 18.7 11.9 87.1 (8.2) 80.3 16.5 88.9
EPS (Diluted) 0.92 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 779.8 511.8 777.3 263.8 188.2 224.7 363.7 127.9 138.1 131.9 154.1 170.4 256.4 181.5 192.9
Total Assets 5,592.2 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 913.0 860.9 901.5 916.4 918.9 930.6 939.0 1,127.2 1,062.2 944.2 871.1 876.6 475.8 472.0 511.0
Stockholders' Equity 2,843.4 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 431.8 (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 (44.7) (38.4) (63.7) (24.8) (27.4) (36.8) (48.3) (41.9) (30.2) (26.9) (53.7) (30.6) (23.2) (24.3) (31.7) (20.2) (27.9) (10.1)
Free Cash Flow 387.1 (194.6) 523.3 86.2 (36.5) (91.7) 441.4 (65.0) (94.0) 17.0 131.1 (135.2) 87.4 65.5 133.9 33.3 59.2 (111.2)