SharkNinja, Inc.
Business
SharkNinja is a global product design and technology company that creates small household appliances sold under the Shark and Ninja brands. The company offers a diverse portfolio spanning 36 sub-categories including cleaning, cooking, beverage, food preparation, beauty and home environment appliances. SharkNinja operates in 38 markets through an omni-channel distribution strategy reaching major retailers and direct-to-consumer channels globally. The company designs and engineers all products in-house but outsources manufacturing to third-party suppliers, primarily in Asia, while maintaining quality control and supply chain management.
Summary from 10-K filed 2026-03-02
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Net sales | 6,399 | 5,529 | 4,254 | |
| Cost of sales | 3,263 | 2,867 | 2,346 | |
| Gross profit | 3,136 | 2,662 | 1,908 | |
| Research and development | 368 | 341 | 249 | |
| Sales and marketing | 1,458 | 1,243 | 898 | |
| General and administrative | 390 | 433 | 387 | |
| Total operating expenses | 2,216 | 2,018 | 1,534 | |
| Operating income | 920 | 644 | 374 | |
| Interest expense, net | −49 | −64 | −45 | |
| Other income (expense), net | 29 | −8 | −35 | |
| Income before income taxes | 900 | 572 | 293 | |
| Provision for income taxes | 199 | 134 | 126 | |
| Net income | 701 | 439 | 167 | |
| Net income per share, basic (in dollars per share) | 4.97 | 3.14 | 1.2 | |
| Net income per share, diluted (in dollars per share) | 4.94 | 3.11 | 1.2 | |
| Weighted-average number of shares used in computing net income per share, basic (in shares) | 141 | 140 | 139 | |
| Weighted-average number of shares used in computing net income per share, diluted (in shares) | 142 | 141 | 139 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 777 | 364 | — | — | |
| Accounts receivable, net | 1,667 | 1,267 | — | — | |
| Inventories | 1,002 | 900 | — | — | |
| Prepaid expenses and other current assets | 165 | 114 | — | — | |
| Total current assets | 3,611 | 2,644 | — | — | |
| Property and equipment, net | 232 | 211 | — | — | |
| Operating lease right-of-use assets | 142 | 146 | — | — | |
| Intangible assets, net | 451 | 463 | — | — | |
| Goodwill | 835 | 835 | 834 | — | |
| Deferred tax assets | 11 | 43 | — | — | |
| Other assets, noncurrent | 67 | 52 | — | — | |
| Total assets | 5,349 | 4,394 | — | — | |
| Accounts payable | 680 | 612 | — | — | |
| Accrued expenses and other current liabilities | 1,017 | 842 | — | — | |
| Tax payable | 38 | 37 | — | — | |
| Debt, current | 39 | 39 | — | — | |
| Total current liabilities | 1,774 | 1,529 | — | — | |
| Debt, noncurrent | 697 | 736 | — | — | |
| Operating lease liabilities, noncurrent | 141 | 145 | — | — | |
| Deferred tax liabilities | 16 | 10 | — | — | |
| Other liabilities, noncurrent | 46 | 37 | — | — | |
| Total liabilities | 2,673 | 2,458 | — | — | |
| Commitments and contingencies (Note 11) | — | — | — | — | |
| Ordinary shares, $0.0001 par value per share, 1,000,000,000 shares authorized; 141,158,026 and 140,347,436 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 14,000 | 14,000 | — | — | |
| Additional paid-in capital | 1,046 | 1,038 | — | — | |
| Retained earnings | 1,610 | 909 | — | — | |
| Accumulated other comprehensive income (loss) | 20 | −11 | — | — | |
| Total shareholders equity | 2,676 | 1,936 | 1,479 | 1,828 | |
| Total liabilities and shareholders equity | 5,349 | 4,394 | — | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Depreciation and amortization | 140 | 123 | 104 | |
| Share-based compensation | 44 | 85 | 47 | |
| Shareholder-funded executive bonuses | 0 | 0 | 32 | |
| Provision for credit losses | 5 | 5 | 4 | |
| Provision for excess and obsolete inventory | 10 | 0 | 0 | |
| Non-cash lease expense | 20 | 19 | 15 | |
| Deferred income taxes, net | 39 | −47 | −42 | |
| Other | 9 | 886,000 | 8 | |
| Accounts receivable | −350 | −299 | −230 | |
| Inventories | −87 | −205 | −156 | |
| Prepaid expenses and other assets | −84 | −58 | 99 | |
| Accounts payable | 38 | 157 | 148 | |
| Tax payable | 2 | 16 | 19 | |
| Operating lease liabilities | −15 | −10 | −14 | |
| Accrued expenses and other liabilities | 163 | 222 | 79 | |
| Net cash provided by operating activities | 634 | 447 | 281 | |
| Purchase of property and equipment | −146 | −138 | −123 | |
| Purchase of intangible asset | −12 | −10 | −8 | |
| Capitalized internal-use software development | −1 | −4 | −563,000 | |
| Cash receipts on beneficial interest in sold receivables | 0 | 0 | 17 | |
| Other investing activities, net | 0 | 0 | −3 | |
| Net cash used in investing activities | −160 | −151 | −118 | |
| Net ordinary shares withheld for taxes upon issuance of restricted share units | −51 | −61 | −4 | |
| Repayment of debt | −41 | −25 | −443 | |
| Proceeds from shares issued under employee share purchase plan | 15 | 5 | 0 | |
| Proceeds from issuance of debt, net of issuance cost | 0 | 0 | 801 | |
| Distribution paid to Former Parent | 0 | 0 | −435 | |
| Recharge from Former Parent for share-based compensation | 0 | 0 | −3 | |
| Dividend payments | 0 | 0 | −150 | |
| Net cash used in financing activities | −77 | −81 | −235 | |
| Effect of exchange rates changes on cash | 16 | −5 | 8 | |
| Net increase (decrease) in cash and cash equivalents | 414 | 210 | −65 | |
| Cash paid for income taxes | 149 | 191 | 141 | |
| Cash paid for interest | 51 | 65 | 51 | |
| Purchase of property and equipment accrued and not yet paid | 10 | 4 | 548,000 | |
| Cancellation of related party note through distribution | 0 | 0 | −8 | |
| Unrealized gain (loss) on cash flow hedges | 8 | −6 | −2 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is SharkNinja, Inc.'s CIK number?
SharkNinja, Inc.'s SEC CIK number is 0001957132 (1957132). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find SharkNinja, Inc.'s SEC filings?
All of SharkNinja, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did SharkNinja, Inc. last report earnings?
SharkNinja, Inc. (SN) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001957132-26-000033). This is SharkNinja, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is SharkNinja, Inc.'s most recent earnings 8-K?
SharkNinja, Inc.'s latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001957132-26-000033. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View SharkNinja, Inc.'s latest earnings 8-K →
Look up any company's CIK number →