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SharkNinja, Inc. (SN) Fundamental Analysis & AI Grade 2026

SN NYSE Household Appliances E9 CIK: 0001957132
Updated This Month • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
68% Confidence
N/A
C
68% Conf
Pending
Analysis scheduled

📊 SN Key Takeaways

Revenue: $1.4B
Net Margin: 8.6%
Free Cash Flow: $-190.2M
Current Ratio: 2.38x
Debt/Equity: 0.25x
EPS: $0.85
AI Grade: C with 68% confidence
SharkNinja, Inc. (SN) receives a C fundamental grade with 68% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.4B, net profit margin of 8.6%, and return on equity (ROE) of 4.4%, SharkNinja, Inc. demonstrates mixed fundamentals in the Market sector. Below is our complete SN stock analysis for 2026.

Is SharkNinja, Inc. (SN) a Good Investment?

Claude

Despite solid 15.7% revenue growth and healthy gross margins of 49.2%, SharkNinja is destroying shareholder value through severe cash flow deterioration with negative operating cash flow of -$156.3M and negative free cash flow of -$190.2M. The critical disconnect between reported net income of $121.5M and negative operating cash flow indicates poor earnings quality, while abysmal returns on capital (ROE 4.4%, ROA 2.4%) suggest structural profitability challenges masked by top-line growth.

SharkNinja, Inc. Key Strengths (SN)

Claude
  • + Strong revenue growth of 15.7% year-over-year demonstrating market demand
  • + Healthy gross margin of 49.2% and operating margin of 11.6% indicate pricing power and operational efficiency
  • + Conservative balance sheet with low leverage (Debt/Equity 0.25x) and $511.8M cash position providing financial flexibility

SN Stock Risks: SharkNinja, Inc. Investment Risks

Claude
  • ! Severe negative free cash flow of -$190.2M (-13.5% FCF margin) indicates the company is burning cash despite reported profitability, signaling unsustainable operations
  • ! Major divergence between net income ($121.5M) and negative operating cash flow (-$156.3M) suggests poor quality of earnings with potential working capital deterioration or accounting adjustments masking operational problems
  • ! Extremely weak returns on capital (ROE 4.4%, ROA 2.4%) demonstrate the business is destroying shareholder value with minimal returns on deployed capital despite profitable operations

Key Metrics to Watch

Claude
  • * Operating cash flow trending and inventory/accounts receivable levels to determine if negative OCF is temporary or structural
  • * Free cash flow conversion and sustainability given cash burn rate relative to $511.8M cash balance
  • * Return on equity and return on assets improvement trajectory to confirm whether business model is viable for long-term value creation

SharkNinja, Inc. (SN) Financial Metrics & Key Ratios

Revenue
$1.4B
Net Income
$121.5M
EPS (Diluted)
$0.85
Free Cash Flow
$-190.2M
Total Assets
$5.0B
Cash Position
$511.8M

💡 AI Analyst Insight

Strong liquidity with a 2.38x current ratio provides a solid financial cushion.

SN Profit Margin, ROE & Profitability Analysis

Gross Margin 49.2%
Operating Margin 11.6%
Net Margin 8.6%
ROE 4.4%
ROA 2.4%
FCF Margin -13.5%

SN vs Market Sector: How SharkNinja, Inc. Compares

How SharkNinja, Inc. compares to Market sector averages

Net Margin
SN 8.6%
vs
Sector Avg 12.0%
SN Sector
ROE
SN 4.4%
vs
Sector Avg 15.0%
SN Sector
Current Ratio
SN 2.4x
vs
Sector Avg 1.8x
SN Sector
Debt/Equity
SN 0.2x
vs
Sector Avg 0.7x
SN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is SharkNinja, Inc. Stock Overvalued? SN Valuation Analysis 2026

Based on fundamental analysis, SharkNinja, Inc. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
4.4%
Sector avg: 15%
Net Profit Margin
8.6%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.25x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

SharkNinja, Inc. Balance Sheet: SN Debt, Cash & Liquidity

Current Ratio
2.38x
Quick Ratio
1.62x
Debt/Equity
0.25x
Debt/Assets
44.9%
Interest Coverage
N/A
Long-term Debt
$687.0M

SN Revenue & Earnings Growth: 5-Year Financial Trend

SN 5-year financial data: Year 2025: Revenue $6.4B, Net Income $167.1M, EPS $1.20.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: SharkNinja, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $1.20 reflects profitable operations.

SN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-13.5%
Free cash flow / Revenue

SN Quarterly Earnings & Performance

Quarterly financial performance data for SharkNinja, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $1.2B $117.8M $0.83

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

SharkNinja, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$156.3M
Cash generated from operations
Stock Buybacks
$18.5M
Shares repurchased (TTM)
Capital Expenditures
$33.9M
Investment in assets
Dividends
None
No dividend program

SN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for SharkNinja, Inc. (CIK: 0001957132)

📋 Recent SEC Filings

Date Form Document Action
May 12, 2026 4 xslF345X06/form4.xml View →
May 6, 2026 10-Q sharkninja-20260331.htm View →
May 6, 2026 8-K sharkninja-20260506.htm View →
Apr 27, 2026 DEF 14A sharkninja-20260427.htm View →
Apr 20, 2026 4 xslF345X06/tm2612220-1_4seq1.xml View →

Frequently Asked Questions about SN

What is the AI rating for SN?

SharkNinja, Inc. (SN) has an AI grade of C with 68% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SN's key strengths?

Claude: Strong revenue growth of 15.7% year-over-year demonstrating market demand. Healthy gross margin of 49.2% and operating margin of 11.6% indicate pricing power and operational efficiency.

What are the risks of investing in SN?

Claude: Severe negative free cash flow of -$190.2M (-13.5% FCF margin) indicates the company is burning cash despite reported profitability, signaling unsustainable operations. Major divergence between net income ($121.5M) and negative operating cash flow (-$156.3M) suggests poor quality of earnings with potential working capital deterioration or accounting adjustments masking operational problems.

What is SN's revenue and growth?

SharkNinja, Inc. reported revenue of $1.4B.

Does SN pay dividends?

SharkNinja, Inc. does not currently pay dividends.

Where can I find SN SEC filings?

Official SEC filings for SharkNinja, Inc. (CIK: 0001957132) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SN's EPS?

SharkNinja, Inc. has a diluted EPS of $0.85.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is SN's fundamental grade?

Based on our AI fundamental analysis in May 2026, SharkNinja, Inc. has a C grade with 68% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is SN stock overvalued or undervalued?

Valuation metrics for SN: ROE of 4.4% (sector avg: 15%), net margin of 8.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is SN's AI grade for 2026?

Our dual AI analysis gives SharkNinja, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SN's free cash flow?

SharkNinja, Inc.'s operating cash flow is $-156.3M, with capital expenditures of $33.9M. FCF margin is -13.5%.

How does SN compare to other Market stocks?

Vs Default sector averages: Net margin 8.6% (avg: 12%), ROE 4.4% (avg: 15%), current ratio 2.38 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI