NYSE$SN

Sharkninja Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

SharkNinja Q2 2025: $1.45B net sales (+15.7%), net income doubles to $139.6M

SharkNinja reported Q2 2025 results for the quarter ended June 30, 2025 on August 7, 2025. Net sales increased 15.7% to $1,444.9 million (13.8% on a constant-currency basis), driven by Food Preparation Appliances (+52.8%), Beauty and Home Environment (+25.0%), and Cleaning (+7.6%), partially offset by Cooking and Beverage (-3.6%). Gross margin expanded 90 bps to 49.0% and operating income rose 62.4% to $168.6 million. Net income more than doubled to $139.6 million ($0.98 diluted EPS) from $68.0 million, while adjusted net income grew 38.4% to $137.8 million ($0.97 per share). Adjusted EBITDA increased 33.2% to $223.4 million (15.5% margin). Management raised FY 2025 guidance for net sales (+13–15%), adjusted EPS ($5.00–5.10), and adjusted EBITDA ($1.10–1.12B).

  • Net sales of $1,444.9M (+15.7% YoY); international sales +20.3%, domestic +13.7%.
  • Net income $139.6M ($0.98 diluted EPS), up 105%; adjusted net income $137.8M ($0.97/sh).
  • Food Preparation Appliances surged 52.8% on Ninja SLUSHi and frozen drinks momentum.
  • Adjusted EBITDA $223.4M (+33.2%), margin expanded 210 bps to 15.5%.
  • Raised FY 2025 outlook: net sales +13–15%, adjusted EPS $5.00–5.10, adjusted EBITDA $1.10–1.12B.

Headline financials

Total Revenue

$1.44B

Previous: $1.25B+15.7%
EPS (adj)

$0.97

Previous: $0.71+36.6%
Adjusted EBITDA

$223M

No prior period
Gross margin

49.0%

No prior period
Adjusted EBITDA margin

15.5%

No prior period
Net Income

$140M

Previous: $68M+105.1%
Operating Income

$169M

Previous: $104M+62.4%
Gross Profit

$708M

Previous: $595M+19.0%
Cash & Equivalents

$188M

No prior period

Revenue & EPS history

SharkNinja · Revenue · Quarterly

$1.44B

Q2 2025+15.7%vs Q2 2024
Beat estimate in 8 of 10 quarters(80%)
ActualEstimate

Forward guidance

FY 2025 net sales expected to increase 13–15%; adjusted net income per diluted share $5.00–5.10; adjusted EBITDA $1,100–1,120 million; capex $180–200 million.

Tailwinds

  • Raised full-year sales, profit, and EBITDA guidance
  • SLUSHi and international expansion driving broad-based growth

Headwinds

  • Tariff impact partially offset gross margin gains
  • Cooking and beverage category declined 3.6% on air fryer softness

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 12 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+3.1%

Avg return

Earnings day

+3.2%

Avg return

5 days after

+9.0%

Avg return

30 days after

77%

10 / 13 earnings

Positive

+20.1%

Q2 2024

Best reaction

-19.7%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.0%-8.6%+2.0%
Q4 2025+5.6%+10.5%-15.7%
Q3 2025+6.2%+6.7%+25.4%
Q2 2025+0.9%+2.3%+2.6%
Q4 2024+3.4%-0.5%-20.2%
Q3 2024-19.7%-15.3%-9.3%
Q2 2024+20.1%+23.2%+29.7%
Q1 2024+7.2%+6.5%+13.1%
Q4 2022+4.5%+2.6%+15.4%
Q4 2021+4.5%+2.6%+15.4%
Q4 2023+3.2%+3.0%+13.9%
Q3 2023-2.5%-1.9%+8.1%
Q2 2023+9.4%+9.9%+36.9%
Q1 2023
Q3 2022
Q2 2022
Q1 2022
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014

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