Broad-Based Strength Drives SharkNinja's Q2 Sales Up 22% and Lifts Full-Year Outlook
SN has more than doubled off its 52-week low of $83.12.
Summary
SharkNinja's Q2 2026 net sales rose 22.2% to $1.77 billion, and the company raised its full-year guidance, fueled by broad-based growth across categories and international markets.
Updates
· SEC 10-Q — The 10-Q reports Q2 net income of $129.8 million, or $0.92 per diluted share, and six-month net income of $251.3 million, or $1.77 per diluted share.
Key Events · Earnings and Guidance · SN
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Q2 Sales Growth Accelerates to 22.2%
Net sales reached $1,765.5 million, the fastest pace since 2024, with international sales surging 36.6% and all four product categories growing.
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Adjusted EPS Beats, Up 29.9%
Adjusted Net Income per diluted share rose to $1.26 from $0.97 a year ago, driven by operating leverage and strong top-line performance.
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Full-Year Guidance Raised Across All Metrics
FY2026 outlook increased: net sales growth now 16-17% (prior 11.5-12.5%), Adjusted EPS $6.45-$6.55 (prior $6.00-$6.10), and Adjusted EBITDA $1,357M-$1,369M (prior $1,290M-$1,300M).
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$247.1M Tariff Refund Expected in Q3
Customs and Border Protection accepted refund claims; the benefit will be recognized in Q3 2026, with about half related to 2025 tariffs and half to 2026.
Analysis · SN · Manufacturing
SharkNinja posted its fastest sales growth since 2024, with net sales climbing 22.2% to $1.77 billion on broad-based strength across all product categories and geographies. Adjusted earnings per share jumped 29.9% to $1.26, well above expectations. Management raised its full-year guidance across the board, now calling for 16–17% sales growth and Adjusted EPS of $6.45–$6.55, up from $6.00–$6.10 previously. The outlook includes a $247.1 million tariff refund expected in Q3, but even excluding that benefit, underlying operating performance is accelerating. The company also continued its $750 million buyback, repurchasing $99.7 million in shares during the quarter. This report stands out against a backdrop of heavy insider selling in recent months, demonstrating that operational momentum remains robust despite distribution by key shareholders.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 964 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.65%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SN was trading at $168.20 on NYSE in the Manufacturing sector, with a market capitalization of approximately $23.8B. The 52-week trading range was $83.12 to $169.69. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.