SharkNinja

🇺🇸 NYSE:SN

Feb 13

•

Dec 31, 2024

SharkNinja Q4 2024 Earnings Report

Key Takeaways

SharkNinja delivered strong Q4 performance with 29.7% YoY revenue growth, driven by robust demand across all product categories, especially food preparation appliances (+89.0% YoY). Net income and operating income more than doubled, reflecting improved operational efficiency.

Total Revenue

$1.79B

Previous year: $1.38B

+29.7%

EPS

$1.4

Previous year: $0.94

+48.9%

Gross Margin

47%

Previous year: 45.2%

+4.0%

Operating Margin

11.5%

Previous year: 7.3%

+57.5%

Adj. Operating Margin

14.4%

Previous year: 14.5%

-0.7%

Gross Profit

$839M

Previous year: $623M

+34.8%

Cash and Equivalents

$364M

Previous year: $154M

+136.1%

SharkNinja Revenue

SharkNinja EPS

SharkNinja Revenue by Segment

SharkNinja Revenue by Geographic Location

Forward Guidance

SharkNinja expects revenue growth of 10%-12% in FY 2025, with adjusted EPS rising 12%-15%. The company anticipates strong demand for new products but acknowledges potential impacts from additional tariffs on Chinese imports.

Positive Outlook

Expected revenue growth of 10%-12% in FY 2025.
Adjusted EPS forecasted to grow 12%-15%.
Continued innovation and product expansion.
Strong international market growth momentum.
Operational efficiencies improving gross margin.

Challenges Ahead

10% additional tariffs on Chinese imports may impact costs.
Potential supply chain disruptions.
Increased R&D and marketing expenses for new launches.
Competitive pressures in key markets.
Macroeconomic conditions may affect consumer spending.

Revenue & Expenses

Visualization of income flow from segment revenue to net income