SharkNinja Q3 revenue beats expectations on espresso machine sales
SN•SharkNinja's third-quarter sales rose 21% to $1.98 billion, beating the $1.87 billion consensus, while adjusted EPS increased 56% year over year. The company raised its 2026 outlook for sales growth, adjusted EPS and adjusted EBITDA.
1. Quarterly results
SharkNinja reported third-quarter net sales of $1.98 billion, up 21% and above analysts' $1.87 billion consensus estimate. Net income was $338.36 million, and basic EPS was $2.40; adjusted EPS rose 56% year over year.
2. Raised 2026 outlook
The company raised its 2026 net sales growth outlook to 18%-19%, from 16%-17%, and its adjusted EPS outlook to $6.65-$6.75, from $6.45-$6.55. It forecast adjusted EBITDA of $1.38 billion-$1.391 billion, above its previous guidance.
3. Growth drivers
SharkNinja said sales growth was balanced across domestic and international markets, channels and categories. Growth in cooking and beverage appliances was driven by sales of the Ninja Luxe Café espresso machine and Ninja Crispi. Gross margin improvement mainly reflected tariff refund claims, cost optimization, and favorable category and channel mix.
