Filing Flows › SharkNinja (SN) › Q1 2026
SharkNinja (SN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
SharkNinja (SN) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), +16% from a year earlier and -33% from the quarter before. Operating margin was 11.6%, net earnings $121M (8.6% of revenue).
SharkNinja, Q1 2026: revenue $1.4B (+16% year over year), operating margin 11.6%, net earnings $121M, operating cash flow −$156M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | -33% | +16% |
| Gross profit | $695M | -31% | +15% |
| Operating profit | $165M | -52% | +14% |
| Net earnings | $121M | -52% | +3% |
| Operating cash flow | −$156M | — | — |
What changed
Revenue was $1.4B in Q1 2026, up 16% year over year and down 33% from the previous quarter. Cleaning Appliances was the largest line at 37% of revenue. Cleaning Appliances added $0.08B year over year (up 17%), 40% of the total change. Food Preparation Appliances declined 3%.
Gross margin was 49.2%, down 0.1 points from a year earlier. Operating profit was $0.16B, a 11.6% margin (down 0.2 points year over year). Of the extra revenue versus a year earlier, 10% reached operating profit, below the 12% margin then. Operating expenses grew 16% against revenue growth of 16%. The fastest-growing cost line was General & admin (+22%). Net earnings were $0.12B, up 3% year over year. The effective tax rate was 17.7%.
Operating cash flow was −$0.16B. Non-cash charges added back $0.04B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.35B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.19B.
Questions
What was SharkNinja's revenue in the first quarter 2026?
SharkNinja (SN) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), +16% from a year earlier and -33% from the quarter before.
Was SharkNinja profitable in the first quarter 2026?
Operating profit was $165M (11.6% of revenue) and net earnings $121M.
Source: SharkNinja 10-Q on SEC EDGAR.