SharkNinja, Inc.
For the period ended Sep 30, 2026. Filed Nov 4, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 4, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(in thousands, except share and per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Net sales(1) | $1,976,427 | $1,630,240 | $5,154,709 | $4,297,754 |
| Cost of sales(2) | 806,416 | 812,771 | 2,429,393 | 2,168,892 |
| Gross profit | 1,170,011 | 817,469 | 2,725,316 | 2,128,862 |
| Operating expenses: | ||||
| Research and development(3) | 117,920 | 92,826 | 326,137 | 269,838 |
| Sales and marketing | 460,733 | 365,919 | 1,217,581 | 999,376 |
| General and administrative(4) | 148,499 | 95,833 | 394,834 | 283,164 |
| Total operating expenses | 727,152 | 554,578 | 1,938,552 | 1,552,378 |
| Operating income | 442,859 | 262,891 | 786,764 | 576,484 |
| Interest income (expense), net | 3,072 | (12,782) | (11,425) | (39,176) |
| Other (expense) income, net | (4,699) | (6,116) | (22,832) | 33,103 |
| Income before income taxes | 441,232 | 243,993 | 752,507 | 570,411 |
| Provision for income taxes | 102,871 | 55,264 | 162,868 | 124,249 |
| Net income | $338,361 | $188,729 | $589,639 | $446,162 |
| Net income per share, basic | $2.40 | $1.34 | $4.17 | $3.17 |
| Net income per share, diluted | $2.39 | $1.33 | $4.16 | $3.14 |
| Weighted-average number of shares used in computing net income per share, basic | 140,955,550 | 141,112,020 | 141,244,000 | 140,927,916 |
| Weighted-average number of shares used in computing net income per share, diluted | 141,521,492 | 142,119,000 | 141,794,125 | 142,072,681 |
(1) Including amounts associated with related parties of $4,502 and $2,349 for the three months ended September 30, 2026 and 2025, respectively; and $11,025 and $10,951 for the nine months ended September 30, 2026 and 2025, respectively.
(2) Including amounts associated with related parties of $15,979 and $26,966 for the three months ended September 30, 2026 and 2025, respectively; and $46,842 and $80,369 for the nine months ended September 30, 2026 and 2025, respectively.
(3) Including amounts associated with related parties of $(2,853) and $(1,660) for the three months ended September 30, 2026 and 2025, respectively; and $(8,558) and $(4,904) for the nine months ended September 30, 2026 and 2025, respectively.
(4) Including amounts associated with related parties of $0 and $(250) for the three months ended September 30, 2026 and 2025, respectively; and $0 and $(1,737) for the nine months ended September 30, 2026 and 2025, respectively.
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