Earnings Releases·Nov 4, 2026, 7:02 AM ET

SharkNinja — Third Quarter 2026 Earnings Summary

Net sales rose 21.2% year-over-year to $1,976.4 million, while adjusted net income surged 55.1% to $330.9 million ($2.34 per share), driven by a 910 basis point gross margin expansion to 59.2% largely attributable to $243.8 million in IEEPA duty refund claims.
Fiscal 2026 guidance was raised across the board: net sales growth to 18.0%–19.0%, adjusted net income per share to $6.65–$6.75, and adjusted EBITDA to $1,380 million–$1,391 million, reflecting continued operating strength and tariff refund benefits.
All business segments posted double-digit growth, with Beauty and Home Environment Appliances up 45.8% and Cooking and Beverage Appliances up 36.6%, as the company entered the water filtration market and Latin America achieved its best quarter ever.
Capital allocation included $50.0 million in share repurchases during the quarter (part of a $750.0 million authorized program), while the balance sheet remains robust with $487.8 million in cash and $495.3 million available under its revolving credit facility.