# SharkNinja (SN.US)

Canonical: https://gigainvestors.com/s/SN

Analysis as of: 2026-10-16T07:31:59.429Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: $193.68 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Gavin Abrams](https://gigainvestors.com/ABI): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Bill Miller](https://gigainvestors.com/LMM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Mason Hawkins](https://gigainvestors.com/SE): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Dan Davidowitz](https://gigainvestors.com/pcm): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Up 364% since Oct 2023 · "SN is accelerating its international expansion, with overseas markets becoming a growth engine." (finance.yahoo.com, Aug 2026)

Story as of 2026-10-16T09:59:36.154Z; price observation 2026-10-15.

- 2025-07-31: Ninja FlexFlame and Global Expansion Fuel Sharkninja’s Growth Momentum ([finance.yahoo.com](https://finance.yahoo.com/news/ninja-flexflame-global-expansion-fuel-163121336.html))

- 2026-02-11: SharkNinja delivers earnings surprise, provides FY guidance ([seekingalpha.com](https://seekingalpha.com/news/4550064-sharkninja-delivers-earnings-surprise-provides-fy-guidance?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news))

- 2026-05-06: SN Q1 Earnings Beat on Broad Category Strength, 2026 Outlook Raised ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/sn-q1-earnings-beat-broad-141700413.html))

- 2026-06-11: Home Appliances Maker SharkNinja Nears Breakout After Hot Espresso-Machine Sales ([finance.yahoo.com](https://finance.yahoo.com/m/8a392901-e5b1-32e3-9e2b-a5db3c65fa36/home-appliances-maker.html))

- 2026-08-14: SN Raises 2026 Outlook as International Growth Fuels Earnings Upside ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/sn-raises-2026-outlook-international-145100979.html))

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in furnishings, fixtures & appliances; annual sales are USD 6.4 billion.

- Source: https://www.sec.gov/Archives/edgar/data/1957132/000195713226000015/sharkninja-20251231.htm (filed 2026-03-02); FY2025: revenue 6399188000; grossProfit 3136490000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); SN.US: SharkNinja, Inc., a product design and technology company, engages in the provision of various solutions for consumers in the United States, China, and internationally. It offers cleaning appliances, including corded and cordless vacuums, such as handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; fans, coolers, frozen drink appliances, propane grills, and fire pits; and cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, and toasters and bakeware products. The company also provides food preparation appliances, which include blenders, food processors, ice cream makers, juicers, and frozen drink appliances and coolers; haircare and skincare beauty appliances, as well as home environment products comprising air purifiers and fans. It sells its products through traditional brick-and-mortar retail channels and e-commerce channels, distributors, and direct-to-consumer channels under Shark and Ninja brands. SharkNinja, Inc. was incorporated in 2017 and is headquartered in Needham, Massachusetts.

### Why customers stay

Margins ranged from 44.9% to 49% during 2023–25.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); FY2023: grossProfit / revenue = 44.9%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); FY2024: grossProfit / revenue = 48.1%.

- Source: https://www.sec.gov/Archives/edgar/data/1957132/000195713226000015/sharkninja-20251231.htm (filed 2026-03-02); FY2025: grossProfit / revenue = 49%.

### Where the cash goes

Spends 2.9% of cash earnings on expansion; paid dividends in 4 of 6 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); FY2020: growth capex 0; upkeep 61079000; owner earnings 344199000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); FY2021: growth capex 0; upkeep 60074000; cash acquisitions 4492000; owner earnings 349222000. Growth capex plus acquisitions / owner earnings = 0.012862878054647187.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); FY2022: growth capex 0; upkeep 94434000; cash acquisitions 66000; owner earnings 224628000. Growth capex plus acquisitions / owner earnings = 0.00029381911426892463.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); FY2023: growth capex 27980000; upkeep 103821000; cash acquisitions 0; owner earnings 167078000. Growth capex plus acquisitions / owner earnings = 0.1674666922036414.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); FY2024: growth capex 28072000; upkeep 123109000; cash acquisitions 0; owner earnings 438705000. Growth capex plus acquisitions / owner earnings = 0.06398832928733432.

- Source: https://www.sec.gov/Archives/edgar/data/1957132/000195713226000015/sharkninja-20251231.htm (filed 2026-03-02); FY2025: growth capex 20148000; upkeep 139631000; owner earnings 701374000. Growth capex / owner earnings = 0.028726471183705127.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); Dividend observations: [[2020,42000000],[2021,42000000],[2022,45438000],[2023,150179000],[2024,0],[2025,0]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 38.8% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); SN.US SharesStats.PercentInsiders = 38.768 percentage points; cache date 2026-10-16.

### What the price says

The price is 4.3 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); Closing price 193.68 USD; reporting-to-trading FX 1; FY2025 annual sales per share 45.03623434779954; price multiple 4.300537174228981. FY2025 cash earnings/share 4.936133120241749. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2023-07: $42.31 per share

- 2023-08: $34.92 per share

- 2023-09: $46.36 per share

- 2023-10: $41.76 per share

- 2023-11: $47.00 per share

- 2023-12: $51.17 per share

- 2024-01: $46.72 per share

- 2024-02: $54.00 per share

- 2024-03: $62.29 per share

- 2024-04: $64.28 per share

- 2024-05: $76.62 per share

- 2024-06: $75.15 per share

- 2024-07: $76.85 per share

- 2024-08: $95.82 per share

- 2024-09: $108.71 per share

- 2024-10: $92.21 per share

- 2024-11: $100.55 per share

- 2024-12: $97.36 per share

- 2025-01: $111.81 per share

- 2025-02: $105.09 per share

- 2025-03: $83.41 per share

- 2025-04: $80.50 per share

- 2025-05: $91.93 per share

- 2025-06: $98.99 per share

- 2025-07: $116.10 per share

- 2025-08: $116.96 per share

- 2025-09: $103.15 per share

- 2025-10: $85.50 per share

- 2025-11: $97.57 per share

- 2025-12: $111.90 per share

- 2026-01: $118.20 per share

- 2026-02: $122.87 per share

- 2026-03: $105.90 per share

- 2026-04: $115.53 per share

- 2026-05: $121.89 per share

- 2026-06: $152.27 per share

- 2026-07: $161.77 per share

- 2026-08: $192.49 per share

- 2026-09: $180.12 per share

- 2026-10: $193.68 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1957132/000195713226000015/sharkninja-20251231.htm); period 2025-12-31, filed 2026-03-02.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [Gavin Abrams](https://gigainvestors.com/ABI): 1,436,000 SN shares; USD 218,660,000 reported position value; 10.67% of portfolio; hold; quarter 2026 Q2.
- [Bill Miller](https://gigainvestors.com/LMM): 5,932 SN shares; USD 903,000 reported position value; 0.21% of portfolio; add; quarter 2026 Q2.
- [Mason Hawkins](https://gigainvestors.com/SE): 63,234 SN shares; USD 9,629,000 reported position value; 0.5% of portfolio; reduce; quarter 2026 Q2.
- [Dan Davidowitz](https://gigainvestors.com/pcm): 4,146 SN shares; USD 631,000 reported position value; 0.01% of portfolio; add; quarter 2026 Q2.

# SN — Sharkninja Inc

Held by 4 investors · USD 229,823,000 total · 2026 Q2 · reported price USD 152.27 (split-adjusted).
Page: https://gigainvestors.com/s/SN

## Holders (2026 Q2)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Gavin Abrams (https://gigainvestors.com/ABI) | USD 218,660,000 | 11% | hold |
| Daniel Loeb (https://gigainvestors.com/tp) | USD 13,820,903 | 0.0% | sold |
| Mason Hawkins (https://gigainvestors.com/SE) | USD 9,629,000 | 0.5% | reduce -74.77% |
| Bill Miller (https://gigainvestors.com/LMM) | USD 903,000 | 0.2% | add +2.72% |
| Dan Davidowitz (https://gigainvestors.com/pcm) | USD 631,000 | <0.1% | add +66.44% |

## Total held by quarter

- 2024 Q1: USD 125,393,632 · 2 holders · USD 62.29
- 2024 Q2: USD 205,100,883 · 3 holders · USD 75.15
- 2024 Q3: USD 242,814,765 · 3 holders · USD 108.71
- 2024 Q4: USD 186,287,845 · 2 holders · USD 97.36
- 2025 Q1: USD 214,397,314 · 3 holders · USD 83.41
- 2025 Q2: USD 347,124,273 · 3 holders · USD 98.99
- 2025 Q3: USD 371,589,417 · 3 holders · USD 103.15
- 2025 Q4: USD 304,062,065 · 3 holders · USD 111.90
- 2026 Q1: USD 193,314,805 · 5 holders · USD 105.90
- 2026 Q2: USD 229,823,000 · 4 holders · USD 152.27