SharkNinja reports 15.6% Q1 sales growth, raises FY2026 guidance despite tariff headwinds

Filed May 6, 2026 · Period ending May 6, 2026 · ~1 min read

Key Changes

• high

  Q1 net sales rose 15.6% to $1.41B with Adjusted EBITDA up 17.5% to $235.4M (16.7% margin), marking the 12th consecutive quarter of double-digit organic growth despite broader market weakness.

  Exhibit 99.1 verify on EDGAR →
• high

  Company raised FY2026 guidance: net sales growth to 11.5%-12.5% (from 10%-11%), Adjusted EPS to $6.00-$6.10 (from $5.90-$6.00), and Adjusted EBITDA to $1.29-$1.30B (from $1.27-$1.28B).

  Exhibit 99.1 verify on EDGAR →
• high

  Gross margin declined 100 basis points (Adjusted) to 49.2%, primarily due to U.S. tariff cost pressures, partially offset by cost optimization and the end of a JS Global sourcing service fee (terminated July 31, 2025).

  Exhibit 99.1 verify on EDGAR →