AI brief of an SEC Form 8-K · SharkNinja (SN)

SharkNinja Q1 2026 sales rise 15.6% to $1.41 billion; full-year outlook raised

Positive Impact 4 of 5 guidance Written later

SharkNinja reported first quarter 2026 net sales up 15.6% to $1,412.8 million and net income up 3.1% to $121.5 million, with GAAP diluted EPS of $0.85. The company raised its fiscal 2026 outlook for net sales and Adjusted Net Income per diluted share and Adjusted EBITDA, while GAAP net income margin and gross margin declined.

Key points

  • Net sales rose 15.6% to $1,412.8 million; Adjusted Net Income rose 25.1% to $154.8 million
  • GAAP net income per diluted share was $0.85, up 2.4% from $0.83; gross margin fell 10 basis points to 49.2%
  • Fiscal 2026 outlook raised: net sales growth of 11.5% to 12.5% and Adjusted Net Income per diluted share of $6.00 to $6.10
  • Cash used in operating activities was $156.3 million in the quarter, compared with $54.9 million a year earlier

The filing

CompanySharkNinja (SN)
Form8-K, current report
Filed with the SECMay 6, 2026, 7:00 AM ET
Accession number0001957132-26-000033

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.