Shares of SharkNinja, Inc. (NYSE:SN) surged 11.07% in premarket trading on Thursday after the company delivered third-quarter results that handily beat Wall Street expectations, powered by strong performance across all major product categories.
The global product design and technology company posted adjusted earnings of $1.50 per share, a massive $0.62 above the analyst consensus of $0.88. Revenue climbed 14.3% year-over-year to $1.63 billion, well ahead of estimates calling for $1.21 billion.
The quarter’s outperformance was broad-based, with every major business line contributing. The Beauty and Home Environment segment led the charge with a 56.7% sales jump, while Cleaning Appliances rose 12.4%, Food Preparation Appliances increased 11.9%, and Cooking and Beverage Appliances gained 6.3%.
“SharkNinja delivered another quarter of exceptional performance with 14.3% net sales growth, reinforcing our position as a global leader in innovative consumer solutions,” said Mark Barrocas, Chief Executive Officer. “Our three-pillar growth strategy continues to generate remarkable results as we drive category expansion with breakthrough products.”
International markets were a standout, with sales up 25.8% from a year earlier, while domestic revenue advanced 9.5%. The company’s adjusted gross margin improved by 90 basis points to 50.3%, reflecting successful cost control initiatives.
In light of its strong momentum, SharkNinja raised its full-year 2025 guidance, now projecting net sales growth between 15.0% and 15.5%, compared with the previous forecast of 13.0% to 15.0%. The company also increased its adjusted EPS outlook to $5.05–$5.15, up from $5.00–$5.10.
Adjusted EBITDA rose 20.7% to $316.5 million, or 19.4% of net sales, underscoring improved operational leverage. The company ended the quarter with a solid balance sheet, including $263.8 million in cash and $489 million in available credit capacity.