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
Research and Development

$86.8M

No prior period
Sales and Marketing

$425M

No prior period
General and Administrative

$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 9 of 11 quarters(82%)
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
Q2 2026———
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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