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SharkNinja, Inc.

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SharkNinja, Inc. • NYSE
$97.57 ▲ 1.47% (+1.41)
Market Cap $13.73 B
52w High $128.51
52w Low $60.50
Dividend Yield 0%
P/E 24.09
Volume 649.37K
Outstanding Shares 140.77M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.63B ▲ $541.53M ▲ $188.729M ▲ 11.577% ▲ $1.337 ▲ $290.448M ▲
Q2-2025 $1.445B ▲ $533.426M ▲ $139.598M ▲ 9.662% ▲ $0.99 ▲ $229.721M ▲
Q1-2025 $1.223B ▼ $458.28M ▼ $117.835M ▼ 9.638% ▲ $0.84 ▼ $190.108M ▼
Q4-2024 $1.787B ▲ $634.346M ▲ $128.716M ▼ 7.202% ▼ $0.92 ▼ $218.413M ▼
Q3-2024 $1.427B $514.745M $132.329M 9.276% $0.94 $221.121M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $263.816M ▲ $4.975B ▲ $2.567B ▲ $2.408B ▲
Q2-2025 $188.229M ▼ $4.539B ▲ $2.332B ▲ $2.208B ▲
Q1-2025 $224.696M ▼ $4.175B ▼ $2.137B ▼ $2.038B ▲
Q4-2024 $363.669M ▲ $4.394B ▲ $2.458B ▲ $1.936B ▲
Q3-2024 $127.948M $4.237B $2.443B $1.795B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $188.729M ▲ $111.014M ▲ $-31.624M ▼ $-3.873M ▲ $75.587M ▲ $86.169M ▲
Q2-2025 $139.598M ▲ $-9.082M ▲ $-27.606M ▲ $-10.913M ▲ $-36.467M ▲ $-36.517M ▲
Q1-2025 $117.835M ▼ $-54.856M ▼ $-36.809M ▲ $-51.149M ▲ $-138.973M ▼ $-91.665M ▼
Q4-2024 $128.716M ▼ $489.669M ▲ $-48.278M ▼ $-196.509M ▼ $235.721M ▲ $441.391M ▲
Q3-2024 $132.329M $-23.118M $-43.687M $50.628M $-10.19M $-64.995M

Five-Year Company Overview

Income Statement

Income Statement SharkNinja’s sales have grown strongly over the last several years, with only a brief pause in growth before re-accelerating recently. Profitability dipped during the middle of the period but has improved meaningfully in the most recent year, with both gross profit and operating profit margins moving higher. The company has remained consistently profitable at the bottom line, which is notable for a relatively young public company in a competitive, product-driven category. Overall, the income statement shows a business that has successfully converted rising demand into healthier margins after a short period of pressure, though it still operates in a consumer cyclical space where earnings can be sensitive to the broader economy.

Balance Sheet

Balance Sheet The balance sheet has expanded as the business has grown, with total assets and shareholders’ equity both trending upward over time. Cash levels are modest but improving, suggesting slightly more financial flexibility than in prior years, though not an overly cushioned position. Debt has increased and now sits at a more meaningful level than a few years ago, indicating greater use of leverage to support growth. While the overall capital structure appears balanced, the rising debt load means investors should pay attention to interest costs and the company’s ability to keep earnings and cash flow on a clear upward path.

Cash Flow

Cash Flow SharkNinja has generated positive operating cash flow each year, and the amount of cash produced by the core business has been climbing recently. After funding capital spending, free cash flow has remained consistently positive and has improved alongside profits, which supports the idea that earnings quality is reasonably solid. Investment in property, equipment, and other long-term assets has grown but remains moderate relative to the cash the business generates, leaving room for continued product development and marketing without overly straining finances. In short, the cash flow profile looks healthy for a growing consumer brand, though it still depends on maintaining strong product momentum and retailer relationships.

Competitive Edge

Competitive Edge SharkNinja has built strong brand recognition in both floorcare and small kitchen appliances, positioning itself as a high-performance, high-value alternative to traditional premium brands. It has captured notable market share in categories like vacuums and air fryers, often competing for the top positions in those segments. The company’s edge comes from fast product cycles, consumer-focused design, and widespread availability across major retailers and online channels. However, it operates in markets dominated by large, well-funded competitors, and its position depends on continually out-innovating rivals and preserving its value-for-money perception rather than relying on long-term exclusivity or hard-to-replicate technology alone.

Innovation and R&D

Innovation and R&D Innovation sits at the core of SharkNinja’s strategy, with a global, around-the-clock product development engine aimed at solving very specific consumer pain points. Many of its products feature distinctive technologies and multi-function designs that directly address convenience, space constraints, and performance issues, helping its offerings stand out on crowded shelves. The company has shown an ability to successfully extend its brands into adjacent areas, such as beauty tools, outdoor cooking, air purification, and home environment products, and is beginning to layer on connected and AI-enabled capabilities. This aggressive innovation posture is a major strength but also a risk: it requires ongoing investment, fast execution, and a steady stream of successful launches to justify the spending and avoid product misfires.

Summary

Overall, SharkNinja presents the picture of a fast-growing consumer appliance company that has managed to turn scale into better profitability and stronger cash generation over time. Its balance sheet shows a business that is investing and using more debt than in the past, but still appears supported by rising earnings and free cash flow. The company’s competitive edge is rooted in rapid, consumer-driven innovation and strong brand positioning rather than in traditional long-lived patents or exclusive channels, which means it must keep moving quickly to stay ahead. Future performance will likely depend on maintaining product hit rates, managing leverage prudently, expanding internationally, and successfully executing in newer categories like outdoor living and smart home appliances, all against the backdrop of changing consumer spending patterns and intense industry competition.

NEWS

November 25, 2025 · 7:58 AM UTC

Introducing the Shark® EveryMess™: The Only Portable, 3-in-1 Cleaning System Built for Real Life Messes

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November 18, 2025 · 8:00 AM UTC

SharkNinja to Participate in the Morgan Stanley Global Consumer & Retail Conference

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November 6, 2025 · 7:00 AM UTC

SharkNinja Reports Third Quarter 2025 Results

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October 23, 2025 · 7:58 AM UTC

Shark® Introduces PowerDetect™ ThermaCharged™ Robot With Thermal Heated Mop Wash and Dry Technology For Next-Level Home Hygiene

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October 21, 2025 · 9:45 AM UTC

Tom Brady Gets Roasted Again – This Time with Help from SharkNinja as Seven-Time Super Bowl Champion Joins as New Global Brand Ambassador

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