SharkNinja delivered a 14.7% increase in net sales to $1.22 billion in Q1 2025, driven by growth across all product categories. While net income rose by 7.5%, adjusted profitability measures including EBITDA and net income declined year-over-year due to increased costs and tariff effects. The company raised its fiscal 2025 outlook, reflecting confidence in its mitigation strategies and operational strength.
Net sales rose 14.7% to $1.22 billion, with strong performance across all product segments.
Gross profit increased to $603.2 million, though gross margin slightly declined to 49.3%.
Adjusted EBITDA dropped 13.1% to $200.4 million, representing 16.4% of net sales.
Cash and cash equivalents stood at $224.7 million; net income grew 7.5% to $117.8 million.
SharkNinja raised its fiscal year 2025 outlook, expecting higher sales growth, improved adjusted earnings, and increased EBITDA.
Visualization of income flow from segment revenue to net income
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