SharkNinja Q1 revenue up 15.6%, but material control weaknesses persist with no fix timeline

Filed May 6, 2026 · Period ending March 31, 2026 · ~1 min read

Key Changes

• high

  Disclosure controls deemed ineffective due to material weaknesses in IT systems and error-detection precision; management cannot guarantee successful remediation or provide completion timeline.

  Controls and Procedures verify on EDGAR →
• high

  Revenue grew 15.6% year-over-year to $1.4 billion, led by Cleaning (+17.0%), Cooking and Beverage (+19.8%), and Beauty and Home Environment (+40.8%) categories; International sales surged 31.6%.

  MD&A: Revenue verify on EDGAR →
• high

  Gross margin compressed 10 basis points to 49.2% as tariff cost pressures offset gains from cost optimization, favorable product mix, and elimination of JS Global sourcing fees.

  MD&A: Gross Margin verify on EDGAR →