The fourth quarter provided a solid ending to a strong fiscal 2025 for SharkNinja, which posted revenues and profits gains in the period that topped Wall Street estimates.
Net income was $255.2 million, or $1.80 per diluted share, versus $128.7 million, or 91 cents per diluted share, in the year-previous quarter, the company stated. Adjusted for one-time events, net Income was $274.5 million, or $1.93 per diluted share, versus $197.6 million, or $1.40 per diluted share, in the year-before period.
An analyst consensus estimate published by Zacks Investment Research called for earnings per adjusted diluted share of $1.78 and revenue of $2.07 billion.
Net sales were $2.1 billion versus $1.79 billion in the year-prior quarter. Operating income was $343.8 million compared to $205.1 million in the year-earlier period, while adjusted operating income was $367.3 million versus $256.5 million.
In terms of year over year business segment results, according to SharkNinja:
- Cleaning Appliances sales were up 3.4% to $669.9 million, with strength in carpet extractors and robotics.
- Cooking and Beverage Appliances sales were up 11.7% to $70 million driven by sales momentum generated by the Ninja Luxe Café espresso machine, partially offset by a decline in outdoor grills and kitchenware.
- Food Preparation Appliances sales were up 28.1% to $438 million buoyed by strong sales in frozen drinks products.
- Beauty and Home Environment Appliances sales were up 63.2% to $326.2 million, getting a boost from gains in fans and air purifiers, as well a positively received face mask launch.
For the full fiscal year, net income was $701.4 million, or $4.94 per diluted share, versus $438.7 million, or $3.11 per diluted share, in the year previous, SharkNinja reported, while adjusted net income was $749.6 million, or $5.28 per diluted share, versus $616.2 million, or $4.37 per diluted share, in the year before.
Net sales were $6.4 billion versus $5.53 billion in the year prior. Operating income was $920.3 million compared to $644.2 million in the year earlier, while adjusted operating income was $1.02 billion versus $839.5 million.
SharkNinja provided a 2026 financial outlook including a net sales increase of 10% to 11% year over year with adjusted net income per diluted share falling between $5.90 and $6.
In announcing the financial results, SharkNinja CEO Mark Barrocas said, “SharkNinja delivered exceptional fourth-quarter results, capping off our strongest year to date with 17.6% net sales growth and remarkable momentum across our entire portfolio. Our three-pillar growth strategy continues to drive outstanding net sales growth as we expand categories with breakthrough innovations, capture meaningful market share in our diversified existing businesses and drive International growth in more markets than ever before. The strength of our execution was evident with broad-based momentum across all four product categories, highlighted by the extraordinary 63.2% growth in beauty and home environment appliances. Our disciplined approach, combined with ongoing cost optimization and supply chain flexibility, enabled us to deliver 40 basis points of adjusted gross margin improvement while investing in our future growth initiatives.”
Regarding fiscal 2025 on the whole, Barrocas said. “We achieved 15.7% net sales growth to $6.4 billion while significantly expanding our global footprint and launching game-changing products that resonated with consumers worldwide. As we enter 2026, I’m incredibly excited about the year ahead. We have a robust pipeline of innovations that will scale to new retailers and markets, plus an exciting roadmap of new product launches. Our recent investments in software capabilities, direct-to-consumer re-platforming and global expansion position us well to capitalize on the tremendous opportunities in front of us. With our proven innovation engine, expanding omni-channel presence worldwide and unwavering commitment to solving consumer problems with 5-star products, we are confident SharkNinja can deliver another year of strong, profitable growth.”
