SharkNinja Raises Outlook as Q3 Sales Grow 21.2% and Net Income Jumps 79.3%

Published November 4, 2026 at 9:22 AM EST

SharkNinja raised its full-year outlook across key metrics after third-quarter net sales grew 21.2% and net income jumped 79.3%, according to its 8-K released Wednesday.

Net sales rose to $1.976 billion from $1.630 billion. Net income climbed to $338.4 million, and adjusted net income increased 55.1% to $330.9 million. Adjusted EBITDA grew 45.7% to $461.3 million, or 23.3% of net sales.

CEO Mark Barrocas said the quarter marked SharkNinja's second straight quarter above 20% growth and its 14th consecutive quarter of double-digit growth.

Espresso machines and skincare lead

Cooking and Beverage Appliances sales rose 36.6% to $597.7 million on the Ninja Luxe Café espresso machine and Ninja Crispi. Beauty and Home Environment sales jumped 45.8% to $276.1 million on skincare, air purifiers and fans. Food Preparation grew 18.3% to $485.5 million, and Cleaning Appliances rose 4.1% to $617.2 million.

Domestic sales grew 19.4%, and international sales rose 25.2%.

Tariff refunds boost margins

Gross margin widened 910 basis points to 59.2%, and adjusted gross margin rose 560 basis points to 55.9%. SharkNinja recognized $109.6 million of refund claims for duties paid under IEEPA tariffs that were expensed in fiscal 2025. The refunds helped GAAP results and cash flow but were excluded from adjusted measures, the company said.

Raised 2026 outlook

SharkNinja now expects 2026 net sales growth of 18.0% to 19.0%, up from 16.0% to 17.0%. It raised adjusted EPS guidance to $6.65 to $6.75 from $6.45 to $6.55, and adjusted EBITDA guidance to $1.380 billion to $1.391 billion from $1.357 billion to $1.369 billion.

By the numbers

Q3 net sales: $1.976 billion, up 21.2%
Net income: $338.4 million, up 79.3%
Adjusted EBITDA: $461.3 million, up 45.7%
Gross margin: 59.2%
2026 adjusted EPS guidance: $6.65 to $6.75

Sources

SharkNinja Form 8-K with third-quarter 2026 earnings release, filed Nov. 4, 2026 (accession 0001957132-26-000055)

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