For the quarter ending 2026-03-31, SN had -$265,515K decrease in cash & cash equivalents over the period. -$190,197K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 |
|---|---|---|
| Net sales | 1,412,806 | 6,399,188 |
| Cost of sales | 717,838 | 3,262,698 |
| Advertising expenses and consumer insight initiatives | 102,596 | 641,334 |
| Personnel expenses | 153,240 | 568,087 |
| Delivery and distribution expenses | 106,772 | 433,904 |
| Professional service expenses | 40,680 | 147,518 |
| Merchant and processing fees | - | 80,026 |
| Merchant, processing, and other fees | 19,954 | - |
| Facilities and technology support costs | 20,897 | 82,584 |
| Depreciation and amortization expenses | 18,788 | 69,991 |
| Prototypes and testing expenses | 14,872 | 54,773 |
| Transaction-related costs | - | 8,458 |
| Other segment items | 52,644 | 129,534 |
| Interest expense, net | -6,607 | -48,600 |
| Other expense (income), net | -10,336 | 28,597 |
| Provision for income taxes | 26,120 | 198,904 |
| Net income | 121,462 | 701,374 |
| Depreciation and amortization | 38,447 | 139,631 |
| Share-based compensation | 30,309 | 43,872 |
| Shareholder-funded executive bonuses | - | 0 |
| Provision for credit losses | 300 | 4,740 |
| Provision for excess and obsolete inventory | -3,917 | 10,468 |
| Non-cash lease expense | 5,456 | 20,431 |
| Deferred income taxes, net | -10,059 | 38,708 |
| Other | -499 | -9,386 |
| Accounts receivable | -182,177 | 350,479 |
| Inventories | 34,446 | 87,272 |
| Prepaid expenses and other assets | 75,133 | 84,044 |
| Accounts payable | -97,332 | 38,147 |
| Tax payable | 27,244 | 1,544 |
| Operating lease liabilities | -5,509 | -15,142 |
| Accrued expenses and other liabilities | -335,778 | 162,768 |
| Net cash used in operating activities | -156,280 | 634,132 |
| Purchase of property and equipment | 33,917 | 146,082 |
| Purchase of intangible asset | 4,437 | 12,374 |
| Capitalized internal-use software development | 0 | 1,323 |
| Cash receipts on beneficial interest in sold receivables | - | 0 |
| Other investing activities, net | - | 0 |
| Net cash used in investing activities | -38,354 | -159,779 |
| Repayment of debt | 10,125 | 40,500 |
| Net ordinary shares withheld for taxes upon issuance of restricted share units | 48,675 | 51,405 |
| Proceeds from shares issued under employee share purchase plan | 8,099 | 14,824 |
| Proceeds from issuance of debt, net of issuance cost | - | 0 |
| Distribution paid to former parent | - | 0 |
| Recharge from former parent for share-based compensation | - | 0 |
| Dividend payments | - | 0 |
| Repurchase of ordinary shares | 18,461 | - |
| Net cash used in financing activities | -69,162 | -77,081 |
| Effect of exchange rates changes on cash | -1,719 | 16,348 |
| Net decrease in cash and cash equivalents | -265,515 | 413,620 |
| Cash and cash equivalents at beginning of period | 777,289 | 363,669 |
| Cash and cash equivalents at end of period | 511,774 | 777,289 |
SharkNinja, Inc. (SN)
SharkNinja, Inc. (SN)