SharkNinja tops Q4 forecasts as revenue jumps 17.6%

SharkNinja, Inc. (NYSE:SN) delivered fourth-quarter results on Wednesday that comfortably beat Wall Street expectations, fueled by strong double-digit revenue growth across its product lineup.

The company posted adjusted earnings per share of $1.93, far ahead of the $1.09 consensus estimate. Revenue climbed 17.6% year over year to $2.1 billion, significantly exceeding analysts’ projections of $1.5 billion.

Despite the strong performance, shares slipped 1.38% in premarket trading following the announcement.

Growth was broad-based across all four product categories, with Beauty and Home Environment Appliances standing out, surging 63.2% compared to the same period last year. Adjusted EBITDA rose 36% to $395.3 million, representing 18.8% of net sales.

For the full year 2025, SharkNinja generated net sales of $6.4 billion, up 15.7% from the prior year. Adjusted net income increased 21.6% to $749.6 million, while adjusted gross margin improved by 30 basis points to 49.4%.

“SharkNinja delivered exceptional fourth quarter results, capping off our strongest year to date with 17.6% net sales growth and remarkable momentum across our entire portfolio,” said Mark Barrocas, Chief Executive Officer.

“Our three-pillar growth strategy continues to drive outstanding net sales growth as we expand categories with breakthrough innovations, capture meaningful market share in our diversified existing businesses, and drive International growth in more markets than ever before.”

The company also introduced its first share repurchase program, authorizing up to $750 million in buybacks, signaling confidence in future cash generation.

Looking to fiscal 2026, SharkNinja expects net sales to grow 10% to 11% compared with 2025. Adjusted net income per diluted share is projected between $5.90 and $6.00, implying growth of 11.7% to 13.6%. Adjusted EBITDA is forecast in a range of $1.27 billion to $1.28 billion, representing an increase of 11.8% to 12.7%.

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