SN
SharkNinja, Inc.113.87
+0.25+0.22%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Reaffirms growth; flags Q1 int'l noise
Q&A largely reaffirmed SharkNinja's scripted outlook for 10-11% 2026 sales growth and double-digit US momentum, while flagging brief Q1 international disruptions from Spain/Italy direct-model shifts normalizing by Q2 end. Management highlighted beauty's pull on younger males alongside females, doubling the US LED mask market to over $70 million. Marketing sophistication now tracks cross-border influencer spillover for better ROI. Tariffs pressure H1 gross margins, but optimizations and op-ex leverage support EBITDA expansion. Consumer stays flat. Int'l execution matters next.
Key Stats
Market Cap
16.07BP/E (TTM)
28.12Basic EPS (TTM)
4.05Dividend Yield
0%Recent Filings
10-K
FY2025 results
SharkNinja posted FY2025 net sales of $6.4B, up 15.7% y/y, with Q4 momentum accelerating growth in Food Preparation (31.6% y/y) and Beauty/Home Environment (45.3% y/y) amid strong frozen drinks and fans/air purifiers. Gross margin expanded 90bps to 49.0% via cost optimizations, though tariffs pressured; operating income hit $920M (14.3% margin), up from 11.6%, fueled by Q4 category gains while sales/marketing rose 17.3% on volume. Debt stood at $739M (SOFR+1.75%, due 2028) with $489M revolver availability and $777M cash; no dividends or buybacks disclosed. No annual guidance issued. Material weaknesses persist in internal controls.
8-K
Q4 sales soar 17.6%
SharkNinja crushed Q4 and full-year 2025 with net sales up 17.6% to $2.1B and 15.7% to $6.4B, respectively; net income doubled to $255M and soared 60% to $701M. Board greenlit $750M share buyback, starting fiscal 2026, funded by $777M cash—no debt needed. Growth accelerates. Outlook eyes 10-11% sales rise.
8-K
Folan named Principal Accounting Officer
SharkNinja appointed Kaitlin Folan, 43, as Principal Accounting Officer effective January 20, 2026, reporting to CFO Adam Quigley. Folan brings experience from Katapult Holdings and BJ's Wholesale Club. Compensation includes $450,000 base, up to 40% bonus, $240,000 signing bonus, and $1.2M RSUs vesting over three years. New hire bolsters finance team.
8-K
Wortendyke joins SharkNinja Board
SharkNinja appointed Jason Wortendyke to its Board of Directors and Compensation Committee effective January 5, 2026, for a term through the 2026 annual meeting. The financial leader, with 25+ years at Cantor Fitzgerald, Citigroup, Credit Suisse, and UBS, brings deep expertise in industrials and consumer sectors. New directors get $152,000 Board retainer plus $15,000 Committee pay and $181,342 in RSUs, prorated for his first year. His acumen bolsters growth execution.
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