Feed / SN

SharkNinja, Inc.

SN

Consumer Cyclical · 160.76 -4.9% today

Isolated · not yet confirmedMarket checked 11 Sept, 12:10 GMT-4

Market read

SharkNinja, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 41 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.

Company-4.9% todayVolume comparison unavailable
Market group0 of 41 activeResidential Construction · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • SN's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if SN's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Consumer Cyclical · Furnishings, Fixtures & Appliances

No new filing conclusion is available. 0 of 41 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • SN's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods3
Price observations327
Usable filing statements80
Verified relationships9
Evidence supporting the case
  • Latest annual revenue changed +15.7% year over year.
  • Operating margin changed +2.7 percentage points in the latest annual period.
  • Net margin changed +3.0 percentage points in the latest annual period.
  • Material customer WMT most recently reported revenue +6.9% year over year.
Evidence challenging the case

No qualifying adverse evidence was identified; that is not proof there is no downside.

Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 10, 2026

162.41
6m+47.4%12m+40.9%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2023-12-31$4.3B$1.20
2024-12-31$5.5B+30.0%$3.11+1.2%
2025-12-31$6.4B+15.7%$4.94+0.7%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 3 filings
This decrease was primarily due to an increase in interest income of $4.9 million resulting from larger cash balances compared to prior year, a $3.6 million decrease in interest expense on our term loan, which was driven by principal payments made throughout…
10-Q · Aug 5, 2026
Foreign exchangemixed · 3 filings
Net sales are impacted by the effect of foreign exchange rates, competition, consumer spending habits and general economic conditions.
10-Q · Aug 5, 2026
Product pipeline and R&Dpositive · 3 filings
This increase was primarily driven by incremental personnel-related expenses of $15.4 million reflecting increased headcount to support new product categories and new market expansion, an increase of $8.0 million in prototypes and testing costs, and an increa…
10-Q · Aug 5, 2026
Supply chain and availabilitymixed · 3 filings
The decrease in gross margin was primarily driven by the cost pressures related to tariffs in the U.S.
10-Q · Aug 5, 2026

Valuation discipline

Peer-relative valuation withheld

Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.

Scenario scaffold

Fewer than 4 annual revenue periods; too little history to scaffold scenarios.

Price action

How the market is pricing the story

160.76-4.9% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 12:10 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for SN. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for SN. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind SN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

AMZN45.7% of SNcustomerMay 6, 2026

Our largest retailers include Amazon, Costco and Walmart, each of which accounted for more than 10% of our net sales, and together made up 45.7% of our net sales for the year ended December 31, 2025.

COST10.0% of SNcustomerMay 6, 2026

Our largest retailers include Amazon, Costco and Walmart, each of which accounted for more than 10% of our net sales, and together made up 45.7% of our net sales for the year ended December 31, 2025.

Depended on by

HELEHelen of Troy LimitedcompetitorApr 23, 2026

6 Table of Contents The following table summarizes our primary competitors by business segment: Segment Competitor Home & Outdoor Lifetime Brands, Inc.

Filing peers

No filing peers are available for this name yet.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

SN is currently a Follower in the organic co-movement group Residential Construction. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.