Quarterly ResultMay 6, 2026, 07:07 AM
SharkNinja Q1 Net Sales +15.6%; Raises FY26 Outlook
AI Summary
SharkNinja, Inc. announced strong financial results for the first quarter ended March 31, 2026, with net sales increasing 15.6% to $1,412.8 million and Adjusted Net Income growing 25.1% to $154.8 million. The company's three-pillar growth strategy drove substantial market share gains, particularly with 31.6% international growth and a 40.8% increase in Beauty and Home Environment Appliances. Following this performance, SharkNinja raised its fiscal year 2026 outlook for net sales, Adjusted Net Income per diluted share, and Adjusted EBITDA.
Key Highlights
- Net sales increased 15.6% to $1,412.8 million in Q1 2026.
- Adjusted Net Income rose 25.1% to $154.8 million for the quarter.
- Adjusted EBITDA increased 17.5% to $235.4 million in Q1.
- International net sales grew 31.6%, driving global footprint expansion.
- Beauty and Home Environment Appliances net sales surged 40.8%.
- Fiscal Year 2026 net sales outlook raised to 11.5%-12.5% growth.
- FY26 Adjusted Net Income per diluted share outlook raised to $6.00-$6.10.
- FY26 Adjusted EBITDA outlook raised to $1,290 million - $1,300 million.