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.

TTMFY2025FY2024FY2023FY2022FY2021
Revenue6.91B6.40B5.53B4.25B3.72B3.73B
Cost of Revenue3.53B3.26B2.87B2.35B2.31B2.29B
Gross Profit3.38B3.14B2.66B1.91B1.41B1.44B
Selling, General & Admin2.02B1.84B1.64B1.28B868.65M799.29M
Research & Development399.28M368.07M341.29M249.39M215.66M200.64M
Operating Expenses2.42B2.21B1.98B1.53B1.08B999.93M
Operating Income959.05M929.57M682.31M373.56M325.89M438.26M
Interest Expense-36.70M-48.60M-63.72M-44.91M-27.02M-16.29M
Currency Exchange Gain (Loss)-20.60M36.10M-16.10M-5.00M-13.40M-3.40M
Other Non Operating Income (Expenses)-8.15M-7.50M8.12M-30.43M21.03M-4.24M
EBT Excluding Unusual Items893.59M909.56M610.62M293.23M306.50M414.33M
Merger & Restructuring Charges-8.46M-8.46M-1.34M
Legal Settlements-827.00K-36.81M-4.51M
Pretax Income885.13M900.28M572.47M293.23M301.98M414.33M
Income Tax Expense189.92M198.90M133.76M126.15M69.63M83.21M
Net Income695.22M701.37M438.70M167.08M232.35M331.11M
Net Income to Common695.22M701.37M438.70M167.08M232.35M331.11M
Shares Outstanding (Basic)141.26M140.98M139.94M139.03M138.98M138.98M
Shares Outstanding (Diluted)142.10M142.09M141.08M139.42M138.98M138.98M
EPS (Basic)4.924.973.141.201.672.38
EPS (Diluted)4.904.943.111.201.672.38
Free Cash Flow804.52M488.05M308.93M157.86M124.71M181.16M
Free Cash Flow Per Share5.663.442.191.130.901.30
Gross Margin48.92%49.01%48.15%44.85%37.94%38.59%
Operating Margin13.88%14.53%12.34%8.78%8.77%11.76%
Profit Margin10.06%10.96%7.94%3.93%6.25%8.88%
Free Cash Flow Margin11.64%7.63%5.59%3.71%3.36%4.86%
EBITDA1.11B1.07B805.42M477.38M412.60M516.44M
EBITDA Margin16.06%16.71%14.57%11.22%11.10%13.86%
D&A For EBITDA151.05M139.63M123.11M103.82M86.71M78.18M
EBIT959.05M929.57M682.31M373.56M325.89M438.26M
EBIT Margin13.88%14.53%12.34%8.78%8.77%11.76%
Effective Tax Rate21.46%22.09%23.37%43.02%23.06%20.08%

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents779.83M777.29M363.67M154.06M192.89M225.36M
Cash & Short-Term Investments779.83M777.29M363.67M154.06M192.89M225.36M
Accounts Receivable1.58B1.67B1.27B985.17M766.50M841.55M
Other Receivables162.51M112.92M68.14M72.88M64.42M
Receivables1.74B1.78B1.33B985.17M839.38M905.96M
Inventory1.14B1.00B899.99M699.74M548.59M602.48M
Prepaid Expenses94.88M51.71M45.86M58.31M86.27M22.01M
Restricted Cash25.88M15.23M
Other Current Assets22.68M
Total Current Assets3.76B3.61B2.64B1.90B1.72B1.77B
Property, Plant & Equipment444.47M374.71M357.72M229.59M204.66M182.38M
Goodwill834.78M834.78M834.78M834.20M840.15M840.83M
Other Intangible Assets446.89M451.14M462.68M477.82M492.71M510.17M
Long-Term Deferred Tax Assets33.91M10.71M43.09M12.00K6.29M7.89M
Other Long-Term Assets69.23M66.83M51.62M48.17M35.39M27.54M
Total Assets5.59B5.35B4.39B3.49B3.29B3.36B
Accounts Payable760.81M679.53M612.03M459.65M328.12M442.56M
Accrued Expenses979.22M873.76M693.96M497.24M451.27M397.76M
Current Portion of Long-Term Debt39.34M39.34M39.34M24.16M86.97M49.40M
Current Portion of Leases24.40M18.13M8.39M13.04M14.49M
Current Income Taxes Payable29.88M38.09M36.55M20.99M1.58M6.75M
Other Current Liabilities118.48M129.44M114.70M87.72M82.53M
Total Current Liabilities1.81B1.77B1.53B1.13B968.70M993.50M
Long-Term Debt677.12M696.79M736.14M775.48M349.17M435.95M
Long-Term Leases196.55M140.98M145.38M63.04M61.78M63.91M
Long-Term Deferred Tax Liabilities13.15M16.25M9.93M16.50M60.98M81.83M
Other Long-Term Liabilities52.71M45.58M37.29M28.02M25.98M19.81M
Total Liabilities2.75B2.67B2.46B2.01B1.47B1.59B
Common Stock14.00K14.00K14.00K14.00K14.00K10.00K
Additional Paid-In Capital1.08B1.05B1.04B1.01B941.21M954.43M
Retained Earnings1.86B1.61B909.02M470.32M896.74M797.97M
Comprehensive Income & Other18.93M20.30M-11.28M-1.03M-9.67M8.95M
Shareholders' Equity2.84B2.68B1.94B1.48B1.83B1.76B
Total Liabilities & Equity5.59B5.35B4.39B3.49B3.29B3.36B
Total Debt913.02M901.52M938.99M871.07M510.96M563.75M
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 Outstanding140.87M141.24M140.35M139.08M50.00K138.98M
Total Common Shares Outstanding140.92M141.16M140.35M139.08M50.00K138.98M
Working Capital1.95B1.84B1.11B772.15M746.99M777.55M
Book Value Per Share20.1818.9613.7910.6336,565.7835,227.26
Tangible Book Value1.56B1.39B638.51M166.87M495.43M410.37M
Tangible Book Value Per Share11.089.854.551.209,908.648,207.38
Machinery412.31M358.84M416.54M324.54M269.06M
Construction In Progress21.58M11.75M12.27M12.79M15.34M
Leasehold Improvements46.46M42.71M36.06M31.32M23.70M

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income695.22M701.37M438.70M167.08M232.35M331.11M
Depreciation & Amortization151.05M139.63M123.11M103.82M86.71M78.18M
Stock-Based Compensation98.92M43.87M84.53M46.97M5.51M13.92M
Provision & Write-off of Bad Debts1.93M4.74M4.72M4.47M8.96M7.91M
Other Operating Activities63.31M78.99M-27.02M13.21M-380.00K3.33M
Change in Accounts Receivable-267.94M-350.48M-299.20M-229.65M519.00K-77.44M
Change in Inventory-103.89M-87.27M-204.92M-155.81M53.89M-185.47M
Change in Accounts Payable187.93M38.15M157.34M147.51M-118.16M74.85M
Change in Income Taxes-116.00K1.54M15.56M19.47M-5.17M-13.34M
Change in Other Net Operating Assets147.16M63.58M153.79M163.53M-59.27M-3.91M
Operating Cash Flow973.57M634.13M446.62M280.60M204.96M229.15M
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 Activities13.73M42.12M-1.80M
Investing Cash Flow-186.69M-159.78M-151.18M-118.08M-52.38M-66.37M
Long-Term Debt Issued800.65M259.85M110.00M
Long-Term Debt Repaid-40.50M-25.31M-442.56M-359.29M-122.50M
Net Debt Issued (Repaid)-40.50M-40.50M-25.31M358.09M-99.43M-12.50M
Issuance of Common Stock15.50M14.82M5.49M
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-259.00K16.35M-4.61M7.63M-14.24M-704.00K
Net Cash Flow591.60M413.62M209.61M-64.71M-21.83M107.58M
Free Cash Flow804.52M488.05M308.93M157.86M124.71M181.16M
Free Cash Flow Margin11.64%7.63%5.59%3.71%3.36%4.86%
Free Cash Flow Per Share5.663.442.191.130.901.30
Levered Free Cash Flow638.67M258.84M285.10M227.87M146.54M
Unlevered Free Cash Flow661.61M289.21M324.92M255.94M163.43M
Cash Interest Paid50.52M50.52M64.69M51.11M16.32M12.01M
Cash Income Tax Paid149.35M149.35M190.66M141.25M90.03M91.89M
Change in Working Capital-36.86M-334.48M-177.43M-54.95M-128.19M-205.32M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization29.30B15.79B13.65B7.12B
Enterprise Value29.43B16.45B14.65B7.82B
Last Close Price208.00111.9097.3651.17
PE Ratio42.4522.5231.1242.59
Forward PE29.2419.6221.1516.17
PS Ratio4.242.472.471.67
PB Ratio10.315.907.054.81
P/TBV Ratio18.7611.3621.3842.64
P/FCF Ratio36.4232.3644.1945.07
P/OCF Ratio30.1024.9130.5725.36
PEG Ratio2.031.741.36
EV/Sales Ratio4.262.572.651.84
EV/EBITDA Ratio26.5215.3818.1916.38
EV/EBIT Ratio30.6917.6921.4720.94
EV/FCF Ratio36.5933.7047.4249.55
Debt / Equity Ratio0.320.340.480.590.280.32
Debt / EBITDA Ratio0.790.811.101.711.161.05
Debt / FCF Ratio1.141.853.045.524.103.11
Net Debt / Equity Ratio0.050.050.300.480.170.19
Net Debt / EBITDA Ratio0.120.120.711.500.770.66
Net Debt / FCF Ratio0.170.261.864.542.551.87
Asset Turnover1.361.311.401.251.12
Inventory Turnover3.213.433.583.764.01
Quick Ratio1.401.441.111.011.071.14
Current Ratio2.082.041.731.691.771.78
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 Yield2.36%4.44%3.21%2.35%
FCF Yield2.75%3.09%2.26%2.22%
Payout Ratio89.89%
Buyback Yield / Dilution-0.29%-0.71%-1.19%-0.32%-277,865.74%