NYSE$SN

Sharkninja Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

SharkNinja delivered strong Q4 performance with 29.7% YoY revenue growth, driven by robust demand across all product categories, especially food preparation appliances (+89.0% YoY). Net income and operating income more than doubled, reflecting improved operational efficiency.

Headline financials

Total Revenue

$1.79B

Previous: $1.38B+29.7%
EPS (adj)

$1.40

Previous: $0.94+48.9%
Gross Margin

47.0%

No prior period
Adjusted Gross Profit

$855M

No prior period
Adjusted Gross Margin

47.8%

No prior period
R&D Expenses

$86.8M

No prior period
Sales and Marketing Expenses

$425M

No prior period
G&A Expenses

$123M

No prior period
Adjusted Operating Margin

14.4%

No prior period
Adjusted Net Income

$198M

No prior period
Adjusted EBITDA

$291M

No prior period
Adjusted EBITDA Margin

16.3%

No prior period
Effective Tax Rate

22.0%

No prior period
Adjusted Effective Tax Rate

18.3%

No prior period
Net Income

$129M

Previous: $49.3M+161.0%
Operating Income

$205M

Previous: $101M+103.6%
Gross Profit

$839M

Previous: $623M+34.8%
R&D Expense

$86.8M

Previous: $69M+25.9%

Revenue & EPS history

SharkNinja · Revenue · Quarterly

$1.79B

Q4 2024+29.7%vs Q4 2023
Beat estimate in 8 of 10 quarters(80%)
ActualEstimate

Forward guidance

SharkNinja expects revenue growth of 10%-12% in FY 2025, with adjusted EPS rising 12%-15%. The company anticipates strong demand for new products but acknowledges potential impacts from additional tariffs on Chinese imports.

Tailwinds

  • Expected revenue growth of 10%-12% in FY 2025.
  • Adjusted EPS forecasted to grow 12%-15%.
  • Continued innovation and product expansion.
  • Strong international market growth momentum.
  • Operational efficiencies improving gross margin.

Headwinds

  • 10% additional tariffs on Chinese imports may impact costs.
  • Potential supply chain disruptions.
  • Increased R&D and marketing expenses for new launches.
  • Competitive pressures in key markets.
  • Macroeconomic conditions may affect consumer spending.

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 Q4 2024

Historical avgQ4 2024

+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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