SharkNinja (SN) Gross Margin (2022 - 2026)
SharkNinja's (SN) quarterly Gross Margin came in at 49.19% in Q1 2026, down 15.0% year-on-year from 57.87% in Q1 2025, and up 2.59% quarter-over-quarter from 47.95% in Q4 2025.
SharkNinja (SN) Gross Margin (2022 - 2026) Analysis & Trends
SharkNinja's Gross Margin history runs 5 years deep, the most recent figure standing at 49.19% for Q1 2026.
- On a quarterly basis, Gross Margin fell 15.0% year-over-year to 49.19% in Q1 2026; TTM through Mar 2026 was 48.99%, a 82.0% increase from a year earlier, with the FY2025 full-year figure at 49.01%, up 86.0% from the prior year.
- Gross Margin grew to 49.19% in Q1 2026 per SN's latest filing, from 47.95% in the prior quarter.
- Across five years, Gross Margin topped out at 50.14% in Q3 2025 and bottomed at 35.79% in Q4 2022.
- The 5-year median for Gross Margin is 46.97% (2024), against an average of 45.36%.
- Across the five-year window, Gross Margin soared 943 bps in 2023 and declined 15 bps in 2026, its largest moves.
- Year by year, Gross Margin stood at 35.79% in 2022, then gained by 26 bps to 45.22% in 2023, then increased by 4 bps to 46.97% in 2024, then grew by 2 bps to 47.95% in 2025, then advanced by 3 bps to 49.19% in 2026.
- Per Business Quant, the three latest SN Gross Margin figures stand at 49.19% (Q1 2026), 47.95% (Q4 2025), and 50.14% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 20.70 Bn | 20.19 Bn | 694.97 Mn | 49.19% |
| 2 | Somnigroup International | 14.48 Bn | 14.38 Bn | 776.90 Mn | 43.13% |
| 3 | Mohawk Industries | 6.76 Bn | 5.89 Bn | 641.90 Mn | 23.52% |
| 4 | Alliance Laundry Holdings | 4.98 Bn | 4.85 Bn | 157.19 Mn | 36.82% |
| 5 | Hni | 2.92 Bn | 2.84 Bn | 499.90 Mn | 37.10% |
| 6 | Whirlpool | 2.13 Bn | 1.49 Bn | 415.00 Mn | 12.68% |
| 7 | Interface | 1.90 Bn | 1.83 Bn | 126.72 Mn | 38.28% |
| 8 | La-Z-Boy | 1.57 Bn | 1.28 Bn | 262.76 Mn | 46.07% |
| 9 | Millerknoll | 1.46 Bn | 1.36 Bn | 395.60 Mn | 39.39% |
| 10 | Leggett & Platt | 1.45 Bn | 936.18 Mn | 170.70 Mn | 18.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.19% |
| Dec 31, 2025 | 47.95% |
| Sep 30, 2025 | 50.14% |
| Jun 30, 2025 | 49.01% |
| Mar 31, 2025 | 49.34% |
| Dec 31, 2024 | 46.97% |
| Sep 30, 2024 | 48.72% |
| Jun 30, 2024 | 48.12% |
| Mar 31, 2024 | 49.39% |
| Dec 31, 2023 | 45.22% |
| Sep 30, 2023 | 45.53% |
| Jun 30, 2023 | 41.77% |
| Mar 31, 2023 | 46.83% |
| Dec 31, 2022 | 35.79% |
| Sep 30, 2022 | 36.27% |
| Jun 30, 2022 | 37.45% |
| Mar 31, 2022 | 43.47% |