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Sharkninja Inc
NYSE:SN

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Sharkninja Inc
NYSE:SN
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Price: 108.34 USD 1.86% Market Closed
Market Cap: 15.3B USD

Sharkninja Inc
Investor Relations

In the bustling world of home appliances, SharkNinja Inc. has carved a niche with a blend of innovative technology and consumer-centric solutions. The company, born from the merger of two powerhouse brands—Shark, renowned for its powerful yet affordable vacuum cleaners, and Ninja, celebrated for its versatile kitchen appliances—has rapidly become a staple in households across the globe. These brands are not just about selling products; they are about crafting experiences that make everyday chores effortless and even enjoyable. By leveraging cutting-edge technology and sleek design, SharkNinja transforms mundane tasks into simple, efficient processes, driving customer loyalty and expanding its market presence.

At the heart of SharkNinja's operations lies a commitment to understanding and anticipating consumer needs. This insight fuels a robust research and development effort, ensuring a steady stream of innovative products that resonate with everyday challenges. The company generates revenue through direct consumer sales, strategic partnerships with major retailers, and an increasing online presence that taps into digital shopping trends. By offering products known for durability and performance at competitive prices, SharkNinja establishes itself as a market leader, adeptly balancing quality and accessibility. This strategic approach facilitates sustained growth, allowing the company to continuously reinvest in its brand and products, propelling its ascent in the ever-evolving home appliance sector.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 6, 2025
AI Summary
Q3 2025

Strong Growth: SharkNinja reported Q3 net sales up 14.3% year-over-year to $1.63 billion, marking its tenth consecutive quarter of double-digit organic growth.

Profitability Gains: Gross margin exceeded 50% for the first time since the U.S. listing, with adjusted EBITDA up 20.7% year-over-year to $317 million and margin rising 100 basis points.

International Acceleration: International sales surged 25.8%, with standout growth in the UK (up 26.7%) and triple-digit gains in Latin America, supporting a goal of 50% international business share.

Raised Guidance: Management raised and narrowed full-year 2025 guidance for net sales, EPS, and adjusted EBITDA, reflecting ongoing confidence and strong holiday expectations.

Innovation Pipeline: The company highlighted continual launches in new and existing categories, including beauty and outdoor products, with strong consumer response and viral marketing driving demand.

Retail & Inventory: Retailer support remains strong, inventory is deemed healthy for holiday demand, and strategic inventory management continues to benefit margins.

Cost Discipline: Operating leverage improved with cost controls in R&D and G&A, while still ramping up marketing and sales to fuel growth.

Key Financials
Net Sales
$1.63 billion
Domestic Net Sales
just over $1.1 billion
International Net Sales
$530 million
UK Net Sales
$237 million
Net Sales – Cleaning Category
$593 million
Net Sales – Cooking and Beverage Category
$437 million
Net Sales – Food Preparation Category
$411 million
Net Sales – Beauty and Home Environment
$189 million
Gross Profit
$818 million
Gross Margin
50.1%
Adjusted Gross Profit
$820 million
Adjusted Gross Margin
50.3%
Adjusted Operating Expenses
$531 million
Research and Development Expense
$89 million
Sales and Marketing Expense
$355 million
General and Administrative Expense
$87 million
Adjusted EBITDA
$317 million
Adjusted EBITDA Margin
19.4%
GAAP Effective Tax Rate
22.6%
Adjusted Net Income
$213 million
Adjusted EPS
$1.50 per diluted share
Cash and Cash Equivalents
$264 million
Total Debt Outstanding
$746 million
Total Inventories
$1.16 billion
Revolving Credit Facility Capacity
nearly $490 million available on $500 million facility
Capital Expenditures
tracking toward lower end of $180 million to $200 million range
Earnings Call Recording
Other Earnings Calls

Management

Mr. Mark Adam Barrocas
President, CEO & Director
No Bio Available
Mr. Patraic Reagan
Chief Financial Officer
No Bio Available
Ms. Kim Smolko
Executive VP & COO
No Bio Available
Ms. Velia Carboni
Chief Information Officer
No Bio Available
Mr. Arvind Bhatia C.F.A.
Senior Vice President of Investor Relations
No Bio Available
Mr. Pedro J. Lopez-Baldrich
Executive VP & Chief Legal Officer
No Bio Available
Mr. Adam Petrick
Chief Marketing Officer
No Bio Available
Ms. Elizabeth S. Norberg
Executive VP & Chief People Officer
No Bio Available
Mr. Neil Shah
Executive VP & Chief Commercial Officer
No Bio Available
Mr. Tom Brown
President of the UK & Europe
No Bio Available

Contacts

Address
MASSACHUSETTS
Needham
89 A Street, #100
Contacts
+16172430235