SharkNinja, Inc. (SN)
SharkNinja, Inc., a product design and technology company, engages in the provision of various solutions for consumers in the United States, China, and internationally. It offers cleaning appliances, including corded and cordless vacuums, such as handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; fans, coolers, frozen drink appliances, propane grills, and fire pits; and cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, and toasters and bakeware products. The company also provides food preparation appliances, which include blenders, food processors, ice cream makers, juicers, and frozen drink appliances and coolers; haircare and skincare beauty appliances, as well as home environment products comprising air purifiers and fans. It sells its products through traditional brick-and-mortar retail channels and e-commerce channels, distributors, and direct-to-consumer channels under Shark and Ninja brands. SharkNinja, Inc. was incorporated in 2017 and is headquartered in Needham, Massachusetts.
Sector: Household Appliances
Industry: Furnishings, Fixtures & Appliances
SharkNinja, Inc.
NYSE:SNConsumer Cyclical · Furnishings, Fixtures & Appliances
-1.40%$196.38
AH Close$196.38+0.00%vs close
AH Close$196.38+0.00%vs close
Mkt Cap$27.66B
Float84.36M
O/S140.87M
Inst Own65.2%
SI10.6%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$6.4B
Net Income$701.37M
Total Assets$5.35B
Free Cash Flow$474.35M
Debt & Equity
Debt 25%
Equity 75%
Total Debt$901.52M
Total Equity$2.68B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in SN's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$5.35B
Liabilities$2.67B
Accounts Receivable$1.78B
Accounts Payable$679.53M
Inventory$1B
PP&E (Net)$374.71M
Goodwill$834.78M
Intangible Assets$451.14M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Revenue | $6.4B | $5.53B | $4.25B | $3.72B | $3.73B | $2.75B |
| YoY Growth | 15.7% | 30.0% | 14.4% | -0.3% | 35.4% | - |
| Cost of Revenue | $3.26B | $2.87B | $2.35B | $2.31B | $2.29B | $1.5B |
| Gross Profit | $3.14B | $2.66B | $1.91B | $1.41B | $1.44B | $1.25B |
| Gross Margin | 49.0% | 48.1% | 44.9% | 37.9% | 38.6% | 45.5% |
| Research and Development | $368.07M | $341.29M | $249.39M | $215.66M | $200.64M | $159.63M |
| Selling, General, and Administrative | $1.85B | $1.68B | $1.28B | $873.16M | $799.29M | $628.37M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $2.22B | $2.02B | $1.53B | $1.09B | $999.93M | $788M |
| Operating Income (EBIT) | $921.11M | $644.16M | $373.56M | $321.37M | $438.26M | $465.44M |
| Operating Margin | 14.4% | 11.7% | 8.8% | 8.6% | 11.8% | 16.9% |
| Interest Expense | $48.6M | $63.72M | $44.91M | $27.02M | $16.29M | $40.28M |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$20.83M | -$71.69M | -$80.34M | -$19.39M | -$23.93M | -$45.97M |
| Income Before Tax (EBT) | $900.28M | $572.47M | $293.23M | $301.98M | $414.33M | $419.47M |
| Income Tax Expense | $198.9M | $133.76M | $126.15M | $69.63M | $83.21M | $92.27M |
| Net Income | $701.37M | $438.7M | $167.08M | $232.35M | $331.11M | $327.2M |
| Net Income Margin | 11.0% | 7.9% | 3.9% | 6.3% | 8.9% | 11.9% |
| Supplementary Data | ||||||
| EPS | 4.97 | 3.14 | 1.20 | 1.67 | 2.38 | 2.35 |
| Diluted EPS | 4.94 | 3.11 | 1.20 | 1.67 | 2.38 | 2.35 |
| Weighted Average OS | 140.98M | 139.94M | 139.03M | 138.98M | 138.98M | 138.98M |
| EBITDA | $1.09B | $759.29M | $441.96M | $415.71M | $508.8M | $537.83M |
| EBITDA Margin | 17.0% | 13.7% | 10.4% | 11.2% | 13.7% | 19.5% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Assets | |||||
| Current Assets | |||||
| Cash and Cash Equivalents | $777.29M | $363.67M | $154.06M | $192.89M | $225.36M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $777.29M | $363.67M | $154.06M | $192.89M | $225.36M |
| Accounts Receivable | $1.78B | $1.27B | $985.17M | $839.38M | $905.96M |
| Inventory | $1B | $899.99M | $699.74M | $548.59M | $602.48M |
| Other Current Assets | $0 | $20M | $38.13M | $48.56M | $15.23M |
| Total Current Assets | $3.61B | $2.64B | $1.9B | $1.72B | $1.77B |
| Long-Term Assets | |||||
| Property, Plant & Equipment Net | $374.71M | $357.72M | $229.59M | $204.66M | $182.38M |
| Goodwill | $834.78M | $834.78M | $834.2M | $840.15M | $840.83M |
| Intangible Assets | $451.14M | $462.68M | $477.82M | $492.71M | $510.17M |
| Long-Term Investments | $0 | $0 | $477.82M | $0 | $0 |
| Deferred Tax Assets | $10.71M | $43.09M | $12K | $6.29M | $7.89M |
| Other Long-Term Assets | $66.83M | $51.63M | -$429.65M | $35.39M | $44.04M |
| Total Long-Term Assets | $1.74B | $1.75B | $1.59B | $1.58B | $1.59B |
| Other Assets | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $5.35B | $4.39B | $3.49B | $3.29B | $3.36B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $679.53M | $612.03M | $459.65M | $328.12M | $442.56M |
| Short-Term Debt | $39.34M | $39.34M | $24.16M | $86.97M | $49.4M |
| Current Income Tax Payable | $0 | $56.87M | $40.9M | $1.58M | $6.75M |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $468.78M |
| Other Current Liabilities | $132.48M | $693.92M | $502.38M | $44.47M | -$83.73M |
| Total Current Liabilities | $1.77B | $1.53B | $1.13B | $968.7M | $993.5M |
| Long-Term Liabilities | |||||
| Long-Term Debt | $696.79M | $736.14M | $775.48M | $349.17M | $435.95M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $16.25M | $9.93M | $16.5M | $60.98M | $81.83M |
| Other Long-Term Liabilities | $45.58M | $37.29M | $28.02M | $25.98M | $19.81M |
| Total Long-Term Liabilities | $899.61M | $928.74M | $883.04M | $497.9M | $601.49M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.67B | $2.46B | $2.01B | $1.47B | $1.59B |
| Stockholders' Equity | |||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $14K | $14K | $14K | $10K | $10K |
| Retained Earnings | $1.61B | $909.02M | $470.32M | $896.74M | $797.97M |
| Comprehensive Income & Other | $20.3M | -$11.28M | -$1.03M | -$9.67M | $8.95M |
| Other Stockholders' Equity | $1.07B | $1.03B | $1.01B | $931.54M | $963.38M |
| Total Equity | $2.68B | $1.94B | $1.48B | $1.83B | $1.76B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $5.35B | $4.39B | $3.49B | $3.29B | $3.36B |
| Supplementary Data | |||||
| Total Debt | $901.52M | $938.99M | $871.07M | $510.96M | $563.75M |
| Net Debt | $124.23M | $575.32M | $717.01M | $318.07M | $338.39M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Operating Activities | ||||||
| Net Income | $701.37M | $438.7M | $167.08M | $232.35M | $331.11M | $327.2M |
| Depreciation & Amortization | $139.63M | $123.11M | $103.82M | $86.71M | $78.18M | $78.08M |
| Deferred Income Tax | $38.71M | -$47.37M | -$41.73M | -$16.65M | -$15.13M | -$7.51M |
| Stock-Based Compensation | $43.87M | $84.53M | $46.97M | $5.51M | $13.92M | $10.03M |
| Changes in Working Capital: | ||||||
| Accounts Receivable | -$350.48M | -$299.2M | -$229.65M | $519K | -$77.44M | -$335.29M |
| Inventory | -$87.27M | -$204.92M | -$155.81M | $53.89M | -$185.47M | -$179.38M |
| Accounts Payable | $38.15M | $157.34M | $147.51M | -$118.16M | $74.85M | $198.75M |
| Other Working Capital | $65.13M | $169.35M | $183M | -$64.44M | -$17.25M | $159.24M |
| Total Working Capital Change | -$334.48M | -$177.43M | -$54.95M | -$128.19M | -$205.32M | -$156.68M |
| Other Non-Cash Items | $45.02M | $25.08M | $59.42M | $25.23M | $26.37M | $42.3M |
| Net Cash from Operating | $634.13M | $446.62M | $280.6M | $204.96M | $229.15M | $293.44M |
| Investing Activities | ||||||
| Capital Expenditures | -$146.08M | -$137.69M | -$122.74M | -$94.43M | -$60.07M | -$61.08M |
| Acquisitions | $0 | $0 | $0 | -$66K | -$4.49M | -$16.86M |
| Purchases of Investments | $0 | $0 | $0 | -$66K | -$4.49M | -$3.5M |
| Sales of Investments | $0 | $0 | $0 | $66K | $4.49M | $6.58M |
| Other Investing Activities | -$13.7M | -$13.49M | $4.67M | $42.12M | -$1.8M | -$6.58M |
| Net Cash from Investing | -$159.78M | -$151.18M | -$118.08M | -$52.38M | -$66.37M | -$81.43M |
| Financing Activities | ||||||
| Debt Repaid | $40.5M | $25.31M | -$358.09M | $50.15M | $12.5M | $200.68M |
| Common Stock Issuance | $14.82M | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | -$61.4M | -$4.32M | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | -$150.18M | -$45.44M | -$42M | $0 |
| Other Financing Activities | -$51.41M | $5.49M | -$438.46M | -$64.59M | $0 | $80.01M |
| Net Cash from Financing | -$77.08M | -$81.22M | -$234.87M | -$160.17M | -$54.5M | -$120.67M |
| Forex Effect | $16.35M | -$4.61M | $7.63M | -$14.24M | -$704K | $8.43M |
| Net Change in Cash | $413.62M | $209.61M | -$64.71M | -$21.83M | $107.58M | $99.77M |
| Supplementary Data | ||||||
| Operating Cash Flow | $634.13M | $446.62M | $280.6M | $204.96M | $229.15M | $293.44M |
| Capital Expenditure | -$159.78M | -$151.18M | -$131.8M | -$94.43M | -$60.07M | -$61.08M |
| Free Cash Flow | $474.35M | $295.44M | $148.8M | $110.53M | $169.07M | $232.36M |
| Cash at Beginning | $363.67M | $154.06M | $218.77M | $240.6M | $133.02M | $33.25M |
| Cash at End | $777.29M | $363.67M | $154.06M | $218.77M | $240.6M | $133.02M |