NYSE : SN
SharkNinja, Inc. — Financial statements
Consumer Discretionary · Furnishings, Fixtures & Appliances · United States
Last price 208 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 29.30B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
SharkNinja, Inc. (SN) reported revenue of 6.91B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 6.91B | 6.40B | 5.53B | 4.25B | 3.72B | 3.73B |
| Cost of Revenue | 3.53B | 3.26B | 2.87B | 2.35B | 2.31B | 2.29B |
| Gross Profit | 3.38B | 3.14B | 2.66B | 1.91B | 1.41B | 1.44B |
| Selling, General & Admin | 2.02B | 1.84B | 1.64B | 1.28B | 868.65M | 799.29M |
| Research & Development | 399.28M | 368.07M | 341.29M | 249.39M | 215.66M | 200.64M |
| Operating Expenses | 2.42B | 2.21B | 1.98B | 1.53B | 1.08B | 999.93M |
| Operating Income | 959.05M | 929.57M | 682.31M | 373.56M | 325.89M | 438.26M |
| Interest Expense | -36.70M | -48.60M | -63.72M | -44.91M | -27.02M | -16.29M |
| Currency Exchange Gain (Loss) | -20.60M | 36.10M | -16.10M | -5.00M | -13.40M | -3.40M |
| Other Non Operating Income (Expenses) | -8.15M | -7.50M | 8.12M | -30.43M | 21.03M | -4.24M |
| EBT Excluding Unusual Items | 893.59M | 909.56M | 610.62M | 293.23M | 306.50M | 414.33M |
| Merger & Restructuring Charges | -8.46M | -8.46M | -1.34M | |||
| Legal Settlements | -827.00K | -36.81M | -4.51M | |||
| Pretax Income | 885.13M | 900.28M | 572.47M | 293.23M | 301.98M | 414.33M |
| Income Tax Expense | 189.92M | 198.90M | 133.76M | 126.15M | 69.63M | 83.21M |
| Net Income | 695.22M | 701.37M | 438.70M | 167.08M | 232.35M | 331.11M |
| Net Income to Common | 695.22M | 701.37M | 438.70M | 167.08M | 232.35M | 331.11M |
| Shares Outstanding (Basic) | 141.26M | 140.98M | 139.94M | 139.03M | 138.98M | 138.98M |
| Shares Outstanding (Diluted) | 142.10M | 142.09M | 141.08M | 139.42M | 138.98M | 138.98M |
| EPS (Basic) | 4.92 | 4.97 | 3.14 | 1.20 | 1.67 | 2.38 |
| EPS (Diluted) | 4.90 | 4.94 | 3.11 | 1.20 | 1.67 | 2.38 |
| Free Cash Flow | 804.52M | 488.05M | 308.93M | 157.86M | 124.71M | 181.16M |
| Free Cash Flow Per Share | 5.66 | 3.44 | 2.19 | 1.13 | 0.90 | 1.30 |
| Gross Margin | 48.92% | 49.01% | 48.15% | 44.85% | 37.94% | 38.59% |
| Operating Margin | 13.88% | 14.53% | 12.34% | 8.78% | 8.77% | 11.76% |
| Profit Margin | 10.06% | 10.96% | 7.94% | 3.93% | 6.25% | 8.88% |
| Free Cash Flow Margin | 11.64% | 7.63% | 5.59% | 3.71% | 3.36% | 4.86% |
| EBITDA | 1.11B | 1.07B | 805.42M | 477.38M | 412.60M | 516.44M |
| EBITDA Margin | 16.06% | 16.71% | 14.57% | 11.22% | 11.10% | 13.86% |
| D&A For EBITDA | 151.05M | 139.63M | 123.11M | 103.82M | 86.71M | 78.18M |
| EBIT | 959.05M | 929.57M | 682.31M | 373.56M | 325.89M | 438.26M |
| EBIT Margin | 13.88% | 14.53% | 12.34% | 8.78% | 8.77% | 11.76% |
| Effective Tax Rate | 21.46% | 22.09% | 23.37% | 43.02% | 23.06% | 20.08% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 779.83M | 777.29M | 363.67M | 154.06M | 192.89M | 225.36M |
| Cash & Short-Term Investments | 779.83M | 777.29M | 363.67M | 154.06M | 192.89M | 225.36M |
| Accounts Receivable | 1.58B | 1.67B | 1.27B | 985.17M | 766.50M | 841.55M |
| Other Receivables | 162.51M | 112.92M | 68.14M | 72.88M | 64.42M | |
| Receivables | 1.74B | 1.78B | 1.33B | 985.17M | 839.38M | 905.96M |
| Inventory | 1.14B | 1.00B | 899.99M | 699.74M | 548.59M | 602.48M |
| Prepaid Expenses | 94.88M | 51.71M | 45.86M | 58.31M | 86.27M | 22.01M |
| Restricted Cash | 25.88M | 15.23M | ||||
| Other Current Assets | 22.68M | |||||
| Total Current Assets | 3.76B | 3.61B | 2.64B | 1.90B | 1.72B | 1.77B |
| Property, Plant & Equipment | 444.47M | 374.71M | 357.72M | 229.59M | 204.66M | 182.38M |
| Goodwill | 834.78M | 834.78M | 834.78M | 834.20M | 840.15M | 840.83M |
| Other Intangible Assets | 446.89M | 451.14M | 462.68M | 477.82M | 492.71M | 510.17M |
| Long-Term Deferred Tax Assets | 33.91M | 10.71M | 43.09M | 12.00K | 6.29M | 7.89M |
| Other Long-Term Assets | 69.23M | 66.83M | 51.62M | 48.17M | 35.39M | 27.54M |
| Total Assets | 5.59B | 5.35B | 4.39B | 3.49B | 3.29B | 3.36B |
| Accounts Payable | 760.81M | 679.53M | 612.03M | 459.65M | 328.12M | 442.56M |
| Accrued Expenses | 979.22M | 873.76M | 693.96M | 497.24M | 451.27M | 397.76M |
| Current Portion of Long-Term Debt | 39.34M | 39.34M | 39.34M | 24.16M | 86.97M | 49.40M |
| Current Portion of Leases | 24.40M | 18.13M | 8.39M | 13.04M | 14.49M | |
| Current Income Taxes Payable | 29.88M | 38.09M | 36.55M | 20.99M | 1.58M | 6.75M |
| Other Current Liabilities | 118.48M | 129.44M | 114.70M | 87.72M | 82.53M | |
| Total Current Liabilities | 1.81B | 1.77B | 1.53B | 1.13B | 968.70M | 993.50M |
| Long-Term Debt | 677.12M | 696.79M | 736.14M | 775.48M | 349.17M | 435.95M |
| Long-Term Leases | 196.55M | 140.98M | 145.38M | 63.04M | 61.78M | 63.91M |
| Long-Term Deferred Tax Liabilities | 13.15M | 16.25M | 9.93M | 16.50M | 60.98M | 81.83M |
| Other Long-Term Liabilities | 52.71M | 45.58M | 37.29M | 28.02M | 25.98M | 19.81M |
| Total Liabilities | 2.75B | 2.67B | 2.46B | 2.01B | 1.47B | 1.59B |
| Common Stock | 14.00K | 14.00K | 14.00K | 14.00K | 14.00K | 10.00K |
| Additional Paid-In Capital | 1.08B | 1.05B | 1.04B | 1.01B | 941.21M | 954.43M |
| Retained Earnings | 1.86B | 1.61B | 909.02M | 470.32M | 896.74M | 797.97M |
| Comprehensive Income & Other | 18.93M | 20.30M | -11.28M | -1.03M | -9.67M | 8.95M |
| Shareholders' Equity | 2.84B | 2.68B | 1.94B | 1.48B | 1.83B | 1.76B |
| Total Liabilities & Equity | 5.59B | 5.35B | 4.39B | 3.49B | 3.29B | 3.36B |
| Total Debt | 913.02M | 901.52M | 938.99M | 871.07M | 510.96M | 563.75M |
| Net Cash (Debt) | -133.18M | -124.23M | -575.32M | -717.01M | -318.07M | -338.39M |
| Net Cash Per Share | -0.94 | -0.87 | -4.08 | -5.14 | -2.29 | -2.43 |
| Filing Date Shares Outstanding | 140.87M | 141.24M | 140.35M | 139.08M | 50.00K | 138.98M |
| Total Common Shares Outstanding | 140.92M | 141.16M | 140.35M | 139.08M | 50.00K | 138.98M |
| Working Capital | 1.95B | 1.84B | 1.11B | 772.15M | 746.99M | 777.55M |
| Book Value Per Share | 20.18 | 18.96 | 13.79 | 10.63 | 36,565.78 | 35,227.26 |
| Tangible Book Value | 1.56B | 1.39B | 638.51M | 166.87M | 495.43M | 410.37M |
| Tangible Book Value Per Share | 11.08 | 9.85 | 4.55 | 1.20 | 9,908.64 | 8,207.38 |
| Machinery | 412.31M | 358.84M | 416.54M | 324.54M | 269.06M | |
| Construction In Progress | 21.58M | 11.75M | 12.27M | 12.79M | 15.34M | |
| Leasehold Improvements | 46.46M | 42.71M | 36.06M | 31.32M | 23.70M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 695.22M | 701.37M | 438.70M | 167.08M | 232.35M | 331.11M |
| Depreciation & Amortization | 151.05M | 139.63M | 123.11M | 103.82M | 86.71M | 78.18M |
| Stock-Based Compensation | 98.92M | 43.87M | 84.53M | 46.97M | 5.51M | 13.92M |
| Provision & Write-off of Bad Debts | 1.93M | 4.74M | 4.72M | 4.47M | 8.96M | 7.91M |
| Other Operating Activities | 63.31M | 78.99M | -27.02M | 13.21M | -380.00K | 3.33M |
| Change in Accounts Receivable | -267.94M | -350.48M | -299.20M | -229.65M | 519.00K | -77.44M |
| Change in Inventory | -103.89M | -87.27M | -204.92M | -155.81M | 53.89M | -185.47M |
| Change in Accounts Payable | 187.93M | 38.15M | 157.34M | 147.51M | -118.16M | 74.85M |
| Change in Income Taxes | -116.00K | 1.54M | 15.56M | 19.47M | -5.17M | -13.34M |
| Change in Other Net Operating Assets | 147.16M | 63.58M | 153.79M | 163.53M | -59.27M | -3.91M |
| Operating Cash Flow | 973.57M | 634.13M | 446.62M | 280.60M | 204.96M | 229.15M |
| Capital Expenditures | -169.04M | -146.08M | -137.69M | -122.74M | -80.26M | -47.99M |
| Sale (Purchase) of Intangibles | -17.64M | -13.70M | -13.49M | -9.06M | -14.18M | -12.08M |
| Investment in Securities | -66.00K | -4.49M | ||||
| Other Investing Activities | 13.73M | 42.12M | -1.80M | |||
| Investing Cash Flow | -186.69M | -159.78M | -151.18M | -118.08M | -52.38M | -66.37M |
| Long-Term Debt Issued | 800.65M | 259.85M | 110.00M | |||
| Long-Term Debt Repaid | -40.50M | -25.31M | -442.56M | -359.29M | -122.50M | |
| Net Debt Issued (Repaid) | -40.50M | -40.50M | -25.31M | 358.09M | -99.43M | -12.50M |
| Issuance of Common Stock | 15.50M | 14.82M | 5.49M | |||
| Repurchase of Common Stock | -170.02M | -51.41M | -61.40M | -4.32M | ||
| Common Dividends Paid | -150.18M | |||||
| Other Financing Activities | -438.46M | -60.74M | -42.00M | |||
| Financing Cash Flow | -195.02M | -77.08M | -81.22M | -234.87M | -160.17M | -54.50M |
| Foreign Exchange Rate Adjustments | -259.00K | 16.35M | -4.61M | 7.63M | -14.24M | -704.00K |
| Net Cash Flow | 591.60M | 413.62M | 209.61M | -64.71M | -21.83M | 107.58M |
| Free Cash Flow | 804.52M | 488.05M | 308.93M | 157.86M | 124.71M | 181.16M |
| Free Cash Flow Margin | 11.64% | 7.63% | 5.59% | 3.71% | 3.36% | 4.86% |
| Free Cash Flow Per Share | 5.66 | 3.44 | 2.19 | 1.13 | 0.90 | 1.30 |
| Levered Free Cash Flow | 638.67M | 258.84M | 285.10M | 227.87M | 146.54M | |
| Unlevered Free Cash Flow | 661.61M | 289.21M | 324.92M | 255.94M | 163.43M | |
| Cash Interest Paid | 50.52M | 50.52M | 64.69M | 51.11M | 16.32M | 12.01M |
| Cash Income Tax Paid | 149.35M | 149.35M | 190.66M | 141.25M | 90.03M | 91.89M |
| Change in Working Capital | -36.86M | -334.48M | -177.43M | -54.95M | -128.19M | -205.32M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 29.30B | 15.79B | 13.65B | 7.12B | ||
| Enterprise Value | 29.43B | 16.45B | 14.65B | 7.82B | ||
| Last Close Price | 208.00 | 111.90 | 97.36 | 51.17 | ||
| PE Ratio | 42.45 | 22.52 | 31.12 | 42.59 | ||
| Forward PE | 29.24 | 19.62 | 21.15 | 16.17 | ||
| PS Ratio | 4.24 | 2.47 | 2.47 | 1.67 | ||
| PB Ratio | 10.31 | 5.90 | 7.05 | 4.81 | ||
| P/TBV Ratio | 18.76 | 11.36 | 21.38 | 42.64 | ||
| P/FCF Ratio | 36.42 | 32.36 | 44.19 | 45.07 | ||
| P/OCF Ratio | 30.10 | 24.91 | 30.57 | 25.36 | ||
| PEG Ratio | 2.03 | 1.74 | 1.36 | |||
| EV/Sales Ratio | 4.26 | 2.57 | 2.65 | 1.84 | ||
| EV/EBITDA Ratio | 26.52 | 15.38 | 18.19 | 16.38 | ||
| EV/EBIT Ratio | 30.69 | 17.69 | 21.47 | 20.94 | ||
| EV/FCF Ratio | 36.59 | 33.70 | 47.42 | 49.55 | ||
| Debt / Equity Ratio | 0.32 | 0.34 | 0.48 | 0.59 | 0.28 | 0.32 |
| Debt / EBITDA Ratio | 0.79 | 0.81 | 1.10 | 1.71 | 1.16 | 1.05 |
| Debt / FCF Ratio | 1.14 | 1.85 | 3.04 | 5.52 | 4.10 | 3.11 |
| Net Debt / Equity Ratio | 0.05 | 0.05 | 0.30 | 0.48 | 0.17 | 0.19 |
| Net Debt / EBITDA Ratio | 0.12 | 0.12 | 0.71 | 1.50 | 0.77 | 0.66 |
| Net Debt / FCF Ratio | 0.17 | 0.26 | 1.86 | 4.54 | 2.55 | 1.87 |
| Asset Turnover | 1.36 | 1.31 | 1.40 | 1.25 | 1.12 | |
| Inventory Turnover | 3.21 | 3.43 | 3.58 | 3.76 | 4.01 | |
| Quick Ratio | 1.40 | 1.44 | 1.11 | 1.01 | 1.07 | 1.14 |
| Current Ratio | 2.08 | 2.04 | 1.73 | 1.69 | 1.77 | 1.78 |
| Return on Equity (ROE) | 27.53% | 30.41% | 25.69% | 10.10% | 12.95% | |
| Return on Assets (ROA) | 11.83% | 11.92% | 10.82% | 6.88% | 6.12% | |
| Return on Invested Capital (ROIC) | 24.74% | 27.27% | 22.22% | 9.80% | 11.81% | 16.68% |
| Return on Capital Employed (ROCE) | 25.40% | 26.00% | 23.80% | 15.80% | 14.00% | 18.50% |
| Earnings Yield | 2.36% | 4.44% | 3.21% | 2.35% | ||
| FCF Yield | 2.75% | 3.09% | 2.26% | 2.22% | ||
| Payout Ratio | 89.89% | |||||
| Buyback Yield / Dilution | -0.29% | -0.71% | -1.19% | -0.32% | -277,865.74% |