SharkNinja delivered an exceptional third quarter, with net sales increasing by 14.3% to $1.63 billion, driven by broad-based growth across all product categories and a 25.8% increase in international net sales. The company achieved a 42.6% increase in net income and a 25.2% increase in adjusted net income, reflecting strong operational execution and cost optimization efforts.
Net sales grew by 14.3% to $1,630.2 million, demonstrating robust demand for SharkNinja's products.
Gross profit increased by 17.6% to $817.5 million, with adjusted gross margin improving by 90 basis points due to cost optimization.
Operating income surged by 45.8% to $262.9 million, and adjusted operating income rose by 21.7%.
Adjusted EBITDA increased by 20.7% to $316.5 million, indicating strong profitability and operational efficiency.
SharkNinja has raised its fiscal year 2025 outlook on key metrics, reflecting confidence in continued strong performance.
Visualization of income flow from segment revenue to net income