SharkNinja, Inc.: Beat — EPS $2.34, Revenue $1.98B
Earnings BeatQ3 2026 · Pre-market
Did SharkNinja, Inc. (SN) beat earnings today?
Yes, SharkNinja, Inc. (SN) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+25.13% surprise
$2.34Actual
Expected: $1.87
vs. year ago +56.0%
Total Revenue+5.69% surprise
$1.98BActual
Expected: $1.87B
vs. year ago +21.2%
Released Nov 04 · 7:00 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Net sales | $1.98B | $1.63B | +21.2% |
| Revenue detail — reported lines | |||
| └─Cleaning Appliances | $617.16M | $592.92M | +4.1% |
| └─Cooking and Beverage Appliances | $597.74M | $437.44M | +36.6% |
| └─Food Preparation Appliances | $485.47M | $410.54M | +18.3% |
| └─Beauty and Home Environment Appliances | $276.06M | $189.34M | +45.8% |
| └─Domestic | $1.31B | $1.10B | +19.4% |
| └─International | $662.72M | $529.53M | +25.2% |
| Net Income | $338.36M | $188.73M | +79.3% |
| GAAP Basic EPS | $2.40 | $1.34 | +79.1% |
| GAAP Diluted EPS | $2.39 | $1.33 | +79.7% |
| Adjusted Net Income | $330.94M | $213.42M | +55.1% |
| Adjusted Diluted EPS | $2.34 | $1.50 | +56.0% |
Financial Outlook / Guidance
| Metric | FY26 Outlook | |
|---|---|---|
| Guidance | Expected | |
| Net sales | 18.0%-19.0% YoY (prev. 16.0%-17.0% | $7.51B |
| Adjusted Net Income per diluted share | $6.65-$6.75 (+25.9%-27.8% YoY, prev. $6.45-$6.55 | $6.59Beat +1.67% |
| Adjusted EBITDA | $1,380M-$1,391M (+21.5%-22.5% YoY, prev. $1,357M-$1,369M | — |
| Diluted weighted average shares outstanding | ~142.0M | — |
| Capital expenditures | $190M-$210M | — |
FY26 Outlook
- Net sales
- Guidance18.0%-19.0% YoY(prev. 16.0%-17.0%Expected$7.51B
- Adjusted Net Income per diluted share
- Guidance$6.65-$6.75(+25.9%-27.8% YoY, prev. $6.45-$6.55Expected$6.59Beat +1.67%
- Adjusted EBITDA
- Guidance$1,380M-$1,391M(+21.5%-22.5% YoY, prev. $1,357M-$1,369MExpected—
- Diluted weighted average shares outstanding
- Guidance~142.0MExpected—
- Capital expenditures
- Guidance$190M-$210MExpected—
Business Highlights
- ➤Launched the Ninja HydraSense water-filtration product.
- ➤Innovation in core franchises included the Ninja Luxe Café espresso machine and Ninja Crispi.
- ➤Latin America distributor markets delivered their best net sales quarter ever.
- ➤Growth was driven by corded and cordless vacuum sub-categories.
- ➤Blending sub-category recorded strong growth.
- ➤Skincare, air purifier, and fan portfolios continued to show strength.
- ➤Repurchased 293,132 ordinary shares during the third quarter.
- ➤Repurchased shares under the Board-authorized $750.0M repurchase program.
- ➤Submitted additional IEEPA duty refund claims through Phase 3 of the CBP process.
- ➤Products are sold through retailers, online and offline channels, and global distributors.
Management Commentary
Mark Barrocas, Chief Executive Officer
“Q3 net sales grew 21.2%, marking our second consecutive quarter above 20% and our 14th consecutive quarter of double-digit growth. Our topline strength was well balanced across Domestic and International, with tremendous performance across channels, categories, and geographies. We believe this reflects our evolution into a Consumer Technology company operating at hyperscale, which shows up in what we make, how we market and sell, how fast we learn, and how far we reach. The strength of our three-pillar growth strategy is reflected in our results, from our entry into water filtration with the Ninja HydraSense, to new innovation in our core franchises, to the best net sales quarter ever in our Latin America distributor markets. Scale drives success, and success builds more scale. It’s a positive flywheel and we are just getting started. I have never been more excited to be in business, and we believe our advantages are poised to deliver exceptional results as we head into the holiday season.””