Sharkninja Inc · Q2 2025 earnings

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

Revenue & EPS history

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.