AI-extracted from the 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
SharkNinja net sales grew 22.2% YoY to $1,765.5M in Q2 FY2026, led by a 65.3% surge in Beauty and Home Environment and 36.5% growth in Cooking and Beverage, though gross margin slipped 30bps on tariffs and FX.
Biggest Revenue Drivers
Cleaning Appliances$522.0M+4.1% YoY
Driven by the carpet extractor and cordless vacuums sub-categories
Cooking and Beverage Appliances$499.0M+36.5% YoY
Driven by sales of the Ninja Luxe Café espresso machine and strength of the Ninja Crispi
Biggest Revenue Drivers
Total revenue: $1,765.5M+22.2% YoY
Cleaning Appliances$522.0M+4.1% YoY
Driven by the carpet extractor and cordless vacuums sub-categories
Cooking and Beverage Appliances$499.0M+36.5% YoY
Driven by sales of the Ninja Luxe Café espresso machine and strength of the Ninja Crispi
Food Preparation Appliances$458.6M+13.3% YoY
Driven by strong growth in the blending sub-category
Beauty and Home Environment Appliances$285.8M+65.3% YoY
Driven by continued strength of skincare and fan product portfolios
Largest Expense Items
Sales and marketing$441.5M+23.4% YoY
Higher delivery and distribution costs, advertising-related expenses, and personnel costs to support new product launches and market expansion
General and administrative$130.1M+40.8% YoY
Driven by a $30.3M rise in personnel-related expenses, primarily a $22.6M increase in share-based compensation
Research and development$109.3M+22.3% YoY
Increased headcount to support new product categories and market expansion, plus higher prototype and testing costs
Margins: Gross margin fell 30bps YoY to 48.7% as tariff cost pressures in the U.S., unfavorable foreign currency, and increased retailer activations outweighed cost optimization efforts and favorable category/channel mix shifts.
Watch Items from the Filing
Customer A represented 26.5% of net sales in Q2 FY2026 (up from 25.4% a year ago), with Customer B at 11.5%, indicating high retailer concentration.
Disclosure controls were deemed not effective as of June 30, 2026 due to material weaknesses in internal control over financial reporting first identified in the FY2025 10-K and still unremediated.
Subsequent to quarter-end, the company submitted and had accepted ~$247.1M in IEEPA tariff refund claims with U.S. Customs, expected to reduce cost of sales in Q3 2026.
The temporary 10% Section 122 global tariff surcharge expired July 24, 2026 without extension, while the administration is pursuing new Section 301 investigations that could impose successor tariffs of uncertain scope and timing.
International net sales grew 36.6% YoY versus 15.5% domestic growth, increasing the company's exposure to foreign currency and cross-border tariff risk.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About SharkNinja, Inc. (SN): stock profile, AI score and financials
SharkNinja, Inc. (SN) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores SN at 66.7/100 on a composite quality score built from its SEC filings, placing it at rank #393 of 2,925 stocks — the top 25% of the AI-ranked universe. SN scores in the top quartile across revenue growth (96.1), institutional flow (84.8), balance sheet strength (83.6). Areas of concern include earnings quality (28.1) and free cash flow (30.2), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), SharkNinja, Inc. reports quarterly revenue of $1.8B, net income of $129.8M, an operating margin of 10.2%. SN trades on the NYSE exchange and files with the SEC under CIK 1957132. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate SN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for SharkNinja, Inc. directly from SEC EDGAR.