SharkNinja, Inc. SN
At SharkNinja, our mission is to positively impact people's lives every day in every home in our global markets.
The Company has identified two operating segments, Domestic and International, which are aggregated into one reportable segment that derives revenues from customers through the sale of the Company's small household appliances, which are sold under two brands, Shark and Ninja.
SharkNinja: World-Class Household Appliance Brands Built on Continuous, Disruptive Innovation
SharkNinja is a global product design and technology company that creates 5-star rated lifestyle solutions through innovative products for consumers around the world. We seek to leverage our global, agile and cross-functional engineering know-how, product development and manufacturing expertise along with our solutions-driven marketing to increase the efficiency, convenience and enjoyment of consumers' daily tasks and improve everyday lives. We have built two billion-dollar brands, Shark and Ninja, and have a proven track record of establishing leadership positions by disrupting numerous household product categories, including Cleaning Appliances, Cooking and Beverage Appliances, Food Preparation Appliances and Beauty and Home Environment Appliances. We have successfully gained market share across geographies, taking share from competitors priced both above and below our offerings. We believe our success is centered around our advanced engineering and innovation capabilities coupled with our deep understanding of consumer needs, enabling us to solve consumer problems that others either do not see or are unable to solve.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $6.40B | $5.53B | $4.25B | $3.72B | $3.73B | — |
| Cost of revenue | $3.26B | $2.87B | $2.35B | $2.31B | $2.29B | — |
| Gross profit | $3.14B | $2.66B | $1.91B | $1.41B | $1.44B | — |
| R&D | $368.1M | $341.3M | $249.4M | $215.7M | $200.6M | — |
| SG&A | $390.1M | $433.4M | $387.3M | $251.2M | $180.1M | — |
| Total operating expenses | $2.22B | $2.02B | $1.53B | $1.09B | $999.9M | — |
| Operating income | $920.3M | $644.2M | $373.6M | $321.4M | $438.3M | — |
| Pre-tax income | $900.3M | $572.5M | $293.2M | $302.0M | $414.3M | — |
| Income tax | $198.9M | $133.8M | $126.2M | $69.6M | $83.2M | — |
| Net income | $701.4M | $438.7M | $167.1M | $232.4M | $331.1M | — |
| EPS, basic | 4.97 | 3.14 | 1.20 | 1.67 | 2.38 | — |
| EPS, diluted | 4.94 | 3.11 | 1.20 | 1.67 | 2.38 | — |
| Shares, diluted (wtd. avg.) | 142.1M | 141.1M | 139.4M | 139.0M | 139.0M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $777.3M | $363.7M | $154.1M | $218.8M | $240.6M | $133.0M |
| Receivables | $1.67B | $1.27B | $985.2M | $766.5M | — | — |
| Inventory | $1.00B | $900.0M | $699.7M | $548.6M | — | — |
| Total current assets | $3.61B | $2.64B | $1.90B | $1.72B | — | — |
| Property, plant and equipment | $232.2M | $211.5M | $166.3M | $137.3M | — | — |
| Goodwill | $834.8M | $834.8M | $834.2M | $840.1M | — | — |
| Other intangibles | $451.1M | $462.7M | $477.8M | $492.7M | — | — |
| Total assets | $5.35B | $4.39B | $3.49B | $3.29B | — | — |
| Accounts payable | $679.5M | $612.0M | $459.7M | $328.1M | — | — |
| Short-term debt | $39.3M | $39.3M | $24.2M | $87.0M | — | — |
| Total current liabilities | $1.77B | $1.53B | $1.13B | $968.7M | — | — |
| Long-term debt | $696.8M | $736.1M | $775.5M | $349.2M | — | — |
| Total liabilities | $2.67B | $2.46B | $2.01B | $1.47B | — | — |
| Retained earnings | $1.61B | $909.0M | $470.3M | $896.7M | — | — |
| Total equity | $2.68B | $1.94B | $1.48B | $1.83B | $1.76B | $1.46B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | $634.1M | $446.6M | $280.6M | $205.0M | $229.1M | — |
| Depreciation and amortisation | $139.6M | $123.1M | $103.8M | $86.7M | $78.2M | — |
| Stock-based compensation | $43.9M | $84.5M | $47.0M | $5.5M | $13.9M | — |
| Capital expenditure | $146.1M | $137.7M | $122.7M | $80.3M | $48.0M | — |
| Investing cash flow | -$159.8M | -$151.2M | -$118.1M | -$52.4M | -$66.4M | — |
| Financing cash flow | -$77.1M | -$81.2M | -$234.9M | -$160.2M | -$54.5M | — |
| Dividends paid | $0 | $0 | $150.2M | $0 | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001957132-26-000022.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | $3.73B | $3.72B | $4.25B | $5.53B | $6.40B |
| Gross profit | — | $1.44B | $1.41B | $1.91B | $2.66B | $3.14B |
| Net income | — | $331.1M | $232.4M | $167.1M | $438.7M | $701.4M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Other event Item 8.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Officer or director change Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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