SharkNinja, Inc.
For the period ended Sep 30, 2026. Filed Nov 4, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 4, 2026
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Condensed Consolidated Statements of Cash Flows (Unaudited)
| SHARKNINJA, INC. | ||
|---|---|---|
| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS | ||
| (in thousands) | ||
| (unaudited) | ||
| Nine Months Ended September 30, | ||
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net income | $589,639 | $446,162 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 119,376 | 100,690 |
| Share-based compensation | 119,552 | 31,598 |
| Provision for credit losses | 7,560 | 3,472 |
| Provision for excess and obsolete inventory | 2,168 | 7,795 |
| Non-cash lease expense | 16,877 | 15,105 |
| Deferred income taxes, net | (4,414) | 41,065 |
| Other | 3,402 | 3,632 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable(1) | (460,843) | (284,715) |
| Inventories | (436,160) | (238,888) |
| Prepaid expenses and other assets | (282,692) | (144,863) |
| Accounts payable(2) | 266,118 | 37,870 |
| Tax payable | 16,361 | 7,393 |
| Operating lease liabilities | (14,649) | (9,988) |
| Accrued expenses and other liabilities | 165,092 | 30,748 |
| Net cash provided by operating activities | 107,387 | 47,076 |
| Cash flows from investing activities: | ||
| Purchase of property and equipment | (124,629) | (84,938) |
| Purchase of intangible asset | (12,526) | (9,779) |
| Capitalized internal-use software development | — | (1,322) |
| Net cash used in investing activities | (137,155) | (96,039) |
| Cash flows from financing activities: | ||
| Repayment of debt | (30,375) | (30,375) |
| Payment of employee tax withholdings on vesting of equity awards | (66,863) | (50,384) |
| Proceeds from shares issued under employee share purchase plan | 15,554 | 14,824 |
| Repurchase of ordinary shares | (169,685) | — |
| Net cash used in financing activities | (251,369) | (65,935) |
| Effect of exchange rates changes on cash | (8,337) | 15,045 |
| Net decrease in cash and cash equivalents | (289,474) | (99,853) |
| Cash and cash equivalents at beginning of period | 777,289 | 363,669 |
| Cash and cash equivalents at end of period | $487,815 | $263,816 |
| Supplemental disclosures of noncash investing and financing activities: | ||
| Purchase of property and equipment accrued and not yet paid | $7,635 | $16,041 |
| Unrealized gain on cash flow hedges | — | 8,263 |
(1) Including changes in related party balances of $(10,879) and $(5,491) for the nine months ended September 30, 2026 and 2025, respectively.
(2) Including changes in related party balances of $9,965 and $(18,158) for the nine months ended September 30, 2026 and 2025, respectively.
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