SharkNinja SN Q1 2026 Earnings Call Transcript

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DATE

Wednesday, May 6, 2026 astatine 8:30 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Mark Adam Barrocas

• Chief Financial Officer — Adam Quigley

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Full Conference Call Transcript

Mark Adam Barrocas: Thank you, James. Good morning, everyone, and convey you for joining america today. SharkNinja is firing connected each cylinders arsenic we footwear disconnected 2026. Our Q1 results are a almighty testament of what we judge this institution is built to do: Win with consumers execute with precision and turn from a presumption of existent strength. Consumers are actively seeking retired SharkNinja products, talking astir them and making them portion of their regular lives from merchandise innovation to selling to our expanded omnichannel presence, we spot breathtaking momentum crossed the business. Global income trends are beardown and broad-based. Social engagement is surgeon. We're not conscionable winning with consumers, we're becoming portion of culture.

And what makes this adjacent much breathtaking is however we're growing. The diversification of our concern crossed categories, geographies and channels is powering our trajectory successful a mode we consciousness is hard to replicate. While the macro situation has remained unpredictable, our operational subject ne'er wavered. We stayed focused connected what matters most, delivering breakthrough accessible innovation to consumers astir the world. That absorption is our foundation. And today, it has ne'er felt much solid. Our Q1 fiscal results bespeak these themes successful action. Net income accrued astir 16% year-over-year driven by contributions from each 3 maturation pillars. Domestic grew 8.4%, portion point-of-sale maturation adjacent higher successful the treble digits.

Our planetary maturation accelerated to astir 32% with broad-based spot crossed geographies. Adjusted EBITDA accrued astir 18%, with higher adjusted EBITDA margins compared to the anterior period. This show was driven by our 4th consecutive 4th of leverage successful adjusted operating disbursal arsenic a percent of nett sales. Finally, adjusted EPS accrued much than 25% year-over-year, accordant with our extremity of driving beardown profitability and net growth. Across the board, Q1 was different outstanding 4th for SharkNinja. Our precocious released 2025 shareholder missive highlights past year's accomplishments and our ambitions for 2026 and beyond. I promote everyone to work it.

Today, I privation to grow connected 1 of its astir captious concepts, civilization arsenic SharkNinja's superpower and however volition harness our unsocial civilization to thrust continued occurrence into the future. SharkNinja is simply a institution of world-class occupation solvers. Problem-solving is astatine the halfway of however we deliberation of who we are. That mindset, what we telephone outrageously extraordinary, oregon OE, comes to beingness done accelerated iteration, continuous betterment and an entrepreneurial fearlessness to test, larn and pivot. We judge our unsocial civilization is simply a almighty competitory advantage, enabling america to determination faster, accommodate quicker and consistently present disruptive innovation astatine breakneck speed.