SharkNinja (SN) Gross Margin (2022 - 2026)
SharkNinja's 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 has reported Gross Margin for 5 years, with the latest figure at 49.19% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 15.0% year-over-year to 49.19%; the trailing twelve-month figure through Mar 2026 stood at 48.99% (up 82.0% YoY), and the FY2025 full-year result was 49.01%, up 86.0% from the prior year.
- Gross Margin for Q1 2026 stood at 49.19%, up from 47.95% in the prior quarter.
- The five-year high for Gross Margin was 50.14% in Q3 2025, with the low at 35.79% in Q4 2022.
- Average Gross Margin over 5 years is 45.48%, with a median of 47.46% recorded in 2024.
- Year-over-year, Gross Margin soared 943 bps in 2023 and declined 15 bps in 2026.
- Tracing SN's Gross Margin over 5 years: stood at 35.79% in 2022, then advanced by 26 bps to 45.22% in 2023, then rose by 4 bps to 46.97% in 2024, then increased by 2 bps to 47.95% in 2025, then climbed by 3 bps to 49.19% in 2026.
- The last three Gross Margin figures came in at 49.19% (Q1 2026), 47.95% (Q4 2025), and 50.14% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 15.77 Bn | 15.77 Bn | 694.97 Mn | 49.19% |
| 2 | Somnigroup International | 14.16 Bn | 14.05 Bn | 776.90 Mn | 43.13% |
| 3 | Mohawk Industries | 6.27 Bn | 5.40 Bn | 641.90 Mn | 23.52% |
| 4 | Patrick Industries | 2.94 Bn | 2.91 Bn | 226.86 Mn | 22.75% |
| 5 | Whirlpool | 2.57 Bn | 1.93 Bn | 415.00 Mn | 12.68% |
| 6 | Hni | 2.21 Bn | 2.13 Bn | 499.90 Mn | 37.10% |
| 7 | Interface | 1.69 Bn | 1.63 Bn | 126.72 Mn | 38.28% |
| 8 | La-Z-Boy | 1.51 Bn | 1.22 Bn | 233.51 Mn | 43.12% |
| 9 | Leggett & Platt | 1.40 Bn | 885.79 Mn | 170.70 Mn | 18.59% |
| 10 | Millerknoll | 1.06 Bn | 948.22 Mn | 352.90 Mn | 38.09% |
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% |