SharkNinja (SN) Operating Expenses (2022 - 2026)

On a trailing twelve-month basis, SharkNinja's Operating Expenses was $2.43 billion through Jun 30, 2026, up 13.2% year-over-year; for FY2025, it came in at $2.22 billion, up 9.8% from FY2024.

• Operating Expenses has now increased for four consecutive years, with a four-year compound annual growth rate of 22.0% (FY2021 to FY2025).
• In earlier years, Operating Expenses was $2.02 billion in FY2024 (+31.5%), $1.53 billion in FY2023 (+40.9%), $1.09 billion in FY2022 (+8.9%) and $999.93 million in FY2021.
• The Q2 2026 figure marks the highest quarterly Operating Expenses in data going back to Q1 2022.
• Compared with a year earlier, Operating Expenses has increased for 14 straight quarters, with growth averaging 17.3% over the last eight quarters.
• Over the past five years, the year-over-year growth in Operating Expenses ranged from 4.6% (Q4 2025) to 67.6% (Q3 2023).
• Per Business Quant data, SN's Operating Expenses in the three quarters before Q2 2026 was $530.44 million (Q1 2026), $663.83 million (Q4 2025) and $554.58 million (Q3 2025).