SN financial statements

The full income statement, balance sheet, and cash-flow statement for SharkNinja Inc. (SN), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2021-12 139.0M2022-12 139.0M2023-12 139.1M2024-12 140.3M2025-03 142.2M2025-06 141.9M2025-12 141.2M2026-03 141.5M2026-06 140.9M+1.4% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	6.40B YoY+15.7%	5.53B YoY+30.0%	4.25B YoY+14.4%	3.72B YoY-0.3%	3.73B
	3.14B YoY+17.8%	2.66B YoY+39.5%	1.91B YoY+35.3%	1.41B YoY-1.9%	1.44B
Cost of revenue	3.26B YoY+13.8%	2.87B YoY+22.2%	2.35B YoY+1.7%	2.31B YoY+0.8%	2.29B
	2.22B YoY+9.8%	2.02B YoY+31.5%	1.53B YoY+40.9%	1.09B YoY+8.9%	1000M
Research & development	368M YoY+7.8%	341M YoY+36.9%	249M YoY+15.6%	216M YoY+7.5%	201M
Selling, general & administrative	390M YoY-10.0%	433M YoY+11.9%	387M YoY+54.2%	251M YoY+39.5%	180M
General & administrative	390M YoY-10.0%	433M YoY+11.9%	387M YoY+54.2%	251M YoY+39.5%	180M
Selling & marketing	1.46B YoY+17.3%	1.24B YoY+38.5%	898M YoY+44.3%	622M YoY+0.5%	619M
Amortization of intangibles	24.4M YoY-1.1%	24.7M YoY+8.3%	22.8M YoY+1.1%	22.5M YoY+5.6%	21.3M
Provision for credit losses	4.74M YoY+0.3%	4.72M YoY+5.6%	4.47M YoY-50.1%	8.96M YoY+13.3%	7.91M
Operating income	920M YoY+42.9%	644M YoY+72.4%	374M YoY+16.2%	321M YoY-26.7%	438M
Other non-operating income	28.6M YoY+458.4%	-7.98M YoY+77.5%	-35.4M YoY-564.3%	7.63M YoY+199.8%	-7.64M
Pre-tax income	900M YoY+57.3%	572M YoY+95.2%	293M YoY-2.9%	302M YoY-27.1%	414M
Income tax	199M YoY+48.7%	134M YoY+6.0%	126M YoY+81.2%	69.6M YoY-16.3%	83.2M
Net income	701M YoY+59.9%	439M YoY+162.6%	167M YoY-28.1%	232M YoY-29.8%	331M
	$4.94 YoY+58.8%	$3.11 YoY+159.2%	$1.20 YoY-28.1%	$1.67 YoY-29.8%	$2.38
EPS (basic)	$4.97 YoY+58.3%	$3.14 YoY+161.7%	$1.20 YoY-28.1%	$1.67 YoY-29.8%	$2.38
	141M YoY+0.7%	140M YoY+0.7%	139M YoY+0.0%	139M YoY+0.0%	139M
	142M YoY+0.7%	141M YoY+1.2%	139M YoY+0.3%	139M YoY+0.0%	139M
Dividends per share	—	—	$1.08	—	—
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	3.61B YoY+36.6%	2.64B YoY+39.4%	1.90B YoY+10.6%	1.72B	—
Cash & equivalents	777M YoY+113.7%	364M YoY+136.1%	154M YoY-20.1%	193M YoY-14.4%	225M
Accounts receivable	1.67B YoY+31.6%	1.27B YoY+28.6%	985M YoY+28.5%	767M	—
Inventory	1.00B YoY+11.4%	900M YoY+28.6%	700M YoY+27.6%	549M	—
Prepaid expenses	165M YoY+44.4%	114M YoY+95.5%	58.3M YoY-67.9%	182M	—
	5.35B YoY+21.7%	4.39B YoY+26.0%	3.49B YoY+5.8%	3.29B	—
Property, plant & equipment	232M YoY+9.8%	211M YoY+27.2%	166M YoY+21.1%	137M	—
Operating lease right-of-use	142M YoY-2.6%	146M YoY+130.9%	63.3M YoY-5.9%	67.3M	—
Goodwill	835M YoY+0.0%	835M YoY+0.1%	834M YoY-0.7%	840M	—
Intangible assets	451M YoY-2.5%	463M YoY-3.2%	478M YoY-3.0%	493M	—
Deferred tax assets	10.7M YoY-75.2%	43.1M YoY+259.1%	12.0M YoY+90.7%	6.29M	—
Other non-current assets	66.8M YoY+29.5%	51.6M YoY+7.2%	48.2M YoY+36.1%	35.4M	—
	1.77B YoY+16.0%	1.53B YoY+35.9%	1.13B YoY+16.1%	969M	—
Accounts payable	680M YoY+11.0%	612M YoY+33.2%	460M YoY+40.1%	328M	—
Accrued liabilities	1.02B YoY+20.8%	842M YoY+35.7%	620M YoY+12.4%	552M	—
Short-term & current debt	39.3M YoY+0.0%	39.3M YoY+62.9%	24.2M YoY-72.2%	87.0M	—
Current lease liability	24.4M YoY+34.6%	18.1M YoY+116.1%	8.39M YoY-35.6%	13.0M	—
	2.67B YoY+8.7%	2.46B YoY+22.4%	2.01B YoY+36.9%	1.47B	—
Long-term debt	697M YoY-5.3%	736M YoY-5.1%	775M YoY+122.1%	349M	—
Non-current lease liability	141M YoY-3.0%	145M YoY+130.6%	63.0M YoY+2.0%	61.8M	—
Operating lease liability (total)	165M YoY+1.1%	164M YoY+128.9%	71.4M	—	—
Deferred tax liabilities	16.3M YoY+63.6%	9.93M YoY-39.8%	16.5M YoY-72.9%	61.0M	—
Other non-current liabilities	45.6M YoY+22.2%	37.3M YoY+33.1%	28.0M YoY+7.8%	26.0M	—
	2.68B YoY+38.2%	1.94B YoY+30.9%	1.48B YoY-19.1%	1.83B YoY+3.8%	1.76B
Common stock	14.0K YoY+0.0%	14.0K YoY+0.0%	14.0K YoY+0.0%	14.0K	—
Additional paid-in capital	1.05B YoY+0.7%	1.04B YoY+2.8%	1.01B YoY+7.3%	941M	—
Retained earnings	1.61B YoY+77.2%	909M YoY+93.3%	470M YoY-47.6%	897M	—
Treasury stock	0.00	—	—	—	—
Accumulated other comprehensive income	20.3M YoY+279.9%	-11.3M YoY-995.0%	-1.03M YoY+89.3%	-9.67M	—
Total liabilities & equity	5.35B YoY+21.7%	4.39B YoY+26.0%	3.49B YoY+5.8%	3.29B	—
	141M YoY+0.6%	140M YoY+0.9%	139M YoY+0.1%	139M	—
	141M YoY+0.6%	140M YoY+0.9%	139M YoY+0.1%	139M	—
	141M YoY+0.6%	140M YoY+0.9%	139M	—	—
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	634M YoY+42.0%	447M YoY+59.2%	281M YoY+36.9%	205M YoY-10.6%	229M
Depreciation & amortization	140M YoY+13.4%	123M YoY+18.6%	104M YoY+19.7%	86.7M YoY+10.9%	78.2M
Intangible amortization	24.4M YoY-1.1%	24.7M YoY+8.3%	22.8M YoY+1.1%	22.5M YoY+5.6%	21.3M
Share-based compensation	43.9M YoY-48.1%	84.5M YoY+80.0%	47.0M YoY+752.5%	5.51M YoY-60.4%	13.9M
Deferred income taxes	38.7M YoY+181.7%	-47.4M YoY-13.5%	-41.7M YoY-150.7%	-16.6M YoY-10.0%	-15.1M
Change in receivables	350M YoY+17.1%	299M YoY+30.3%	230M YoY+44348.7%	-519K YoY-100.7%	77.4M
Change in inventory	87.3M YoY-57.4%	205M YoY+31.5%	156M YoY+389.1%	-53.9M YoY-129.1%	185M
Change in payables	38.1M YoY-75.8%	157M YoY+6.7%	148M YoY+224.8%	-118M YoY-257.9%	74.8M
	-160M YoY-5.7%	-151M YoY-28.0%	-118M YoY-125.4%	-52.4M YoY+21.1%	-66.4M
Capital expenditure	146M YoY+6.1%	138M YoY+12.2%	123M YoY+52.9%	80.3M YoY+67.2%	48.0M
Free cash flow	488M YoY+58.0%	309M YoY+95.7%	158M YoY+26.6%	125M YoY-31.2%	181M
Acquisitions	0.00	0.00	0.00	0.00	0.00
Other investing activities	0.00	0.00 YoY-100.0%	3.05M YoY+917.0%	300K YoY-83.3%	1.80M
	-77.1M YoY+5.1%	-81.2M YoY+65.4%	-235M YoY-46.6%	-160M YoY-193.9%	-54.5M
Long-term debt issued	0.00	0.00 YoY-100.0%	801M YoY+208.1%	260M YoY+136.2%	110M
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	0.00	0.00	0.00	0.00	0.00
Dividends paid	0.00	0.00 YoY-100.0%	150M	0.00	0.00
FX effect on cash	16.3M YoY+454.6%	-4.61M YoY-160.4%	7.63M YoY+153.6%	-14.2M YoY-1922.3%	-704K
Net change in cash	414M YoY+97.3%	210M YoY+423.9%	-64.7M YoY-196.5%	-21.8M YoY-120.3%	108M
Interest paid	50.5M YoY-21.9%	64.7M YoY+26.6%	51.1M YoY+213.1%	16.3M YoY+36.0%	12.0M
Income taxes paid	149M YoY-21.7%	191M YoY+35.1%	141M YoY+56.8%	90.0M YoY-2.0%	91.9M
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	15.8B YoY+15.7%	13.7B YoY+92.1%	7.11B	—	—
P/E	22.5× YoY-27.7%	31.1× YoY+1.8%	30.6×	—	—
P/S	2.5× YoY-0.1%	2.5× YoY+29.2%	1.9×	—	—
P/B	5.9× YoY-16.3%	7.1× YoY+81.4%	3.9×	—	—
P/FCF	32.4× YoY-26.8%	44.2× YoY-22.4%	57.0×	—	—
	4.4% YoY+38.2%	3.2% YoY-1.7%	3.3%	—	—
	3.1% YoY+36.6%	2.3% YoY+28.9%	1.8%	—	—
	—	—	2.1%	—	—
Source filing	10-K	20-F	20-F	10-K	10-K

About this data

Source: SN's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SN filings on SEC EDGAR → Not investment advice.