Filing Flows › SharkNinja (SN) › Q2 2026 › vs Q1 2026
SharkNinja (SN) Q2 2026 vs Q1 2026 (quarter over quarter)
SharkNinja's revenue rose $353M (+25%) from $1.4B in Q1 2026 to $1.8B in Q2 2026. The biggest changes: Food Preparation Appliances +$171M (+60%); Beauty and Home Environment Appliances +$91.6M (+47%); Cooking and Beverage Appliances +$84.4M (+20%). Gross margin 48.7% against 49.2% (-0.5 pts).
SharkNinja, Q2 2026: revenue $1.8B (+22% year over year), operating margin 10.2%, net earnings $130M, operating cash flow $432M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 48.7% | 49.2% | -0.5 pts |
| Operating margin | 10.2% | 11.6% | -1.5 pts |
| Net margin | 7.4% | 8.6% | -1.2 pts |
| Free cash flow margin | 21.7% | -13.5% | +35.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Cleaning Appliances | $522M | $517M | $5.5M | +1% |
| Cooking and Beverage Appliances | $499M | $415M | $84.4M | +20% |
| Food Preparation Appliances | $459M | $288M | $171M | +60% |
| Beauty and Home Environment Appliances | $286M | $194M | $91.6M | +47% |
| Revenue | $1.8B | $1.4B | $353M | +25% |
| Gross profit | $860M | $695M | $165M | +24% |
| Cost of revenue | $905M | $718M | $187M | +26% |
| Operating profit | $179M | $165M | $14.9M | +9% |
| Operating expenses | $681M | $530M | $151M | +28% |
| Pre-tax earnings | $164M | $148M | $16.1M | +11% |
| Other expense, net | $15.7M | $16.9M | −$1.3M | -7% |
| Research & development | $109M | $98.9M | $10.5M | +11% |
| Sales & marketing | $442M | $315M | $126M | +40% |
| General & admin | $130M | $116M | $13.9M | +12% |
| Net earnings | $130M | $121M | $8.4M | +7% |
| Income tax | $33.9M | $26.1M | $7.8M | +30% |
| Depreciation & amortization | $40.0M | $38.4M | $1.5M | +4% |
| Share-based compensation | $47.2M | $30.3M | $16.9M | +56% |
| Working capital & other | $215M | −$346M | $561M | — |
| Operating cash flow | $432M | −$156M | $588M | — |
| Free cash flow (OCF − capex) | $383M | −$190M | $573M | — |
| Capital expenditures | $49.1M | $33.9M | $15.2M | +45% |
Questions
How much did SharkNinja's revenue grow quarter over quarter in Q2 2026?
SharkNinja's revenue rose $353M (+25%) from $1.4B in Q1 2026 to $1.8B in Q2 2026.
What drove SharkNinja's revenue change in Q2 2026?
Food Preparation Appliances +$171M (+60%); Beauty and Home Environment Appliances +$91.6M (+47%); Cooking and Beverage Appliances +$84.4M (+20%).