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BALCAO · SPORTING & ATHLETIC GOODS, NEC · SMALL CAP

Solo Brands, Inc. SBDS

5 fiscal years on record · USD · FY2025 reported · SEC filings only
$316.6M
▼ 30.4% YoY
$-145.4M
$-51.2M
▼ 1797.1% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The company's product line includes virtually smokeless indoor and outdoor fire pits and bowls, propane fire pits, pizza ovens, griddles, coolers, home and patio accessories such as outdoor furniture and heaters, and storage units, as well as portable kayaks, paddle boards, lifestyle apparel, and other accessories. As of December 31, 2025, the company had approximately 327 employees. In fiscal year 2025, DTC sales accounted for 63.5% of Solo Brands sales. The company also operates eleven Chubbies retail stores, with plans to continue expanding, and one ISLE surf pro-shop. The company's net sales are concentrated in the United States, though it has a growing international presence. The company operates as two reportable segments: Solo Stove, which includes the Solo Stove and TerraFlame brands and primarily offers indoor and outdoor fire pits, stoves, and accessories, and Chubbies, which offers casual apparel and activewear, while its remaining operating segments, including Oru and ISLE, are included within the Corporate and All Other category.

Written from the business description in Solo Brands, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 23 March 2026. Every sentence was checked against that document before publication.

Growth

USD 316.6M
Revenue, FY2025 · full 5-year series below
Revenue $M Net income $M
FY2025 · Revenue 316.6 · Net income -145.4
200M400M-100M-200M
202120242025
Compound annual growth
−15.1%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−46 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -35.8% · Net -45.9%
5%10%15%-20%-40%
202120232025
ROE
FY2023 · ROE -36.8%
-10%-20%-30%
202120232025
Three returns, three denominators.
Return on equityNot available: we don't have a clean profit figure for this period.

Return on equity has no reading this year — return on capital employed, just below, still does: -33%.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -51.2
20M40M-20M-40M
202120232025
Net buybacks $M Dividends $M
FY2024 · Dividends · · Net buybacks 0.0
15M30M-100M-200M
2021202220232024

Total assetsUSD 360.3M
EquityUSD 46.0M
CashUSD 20.0M
Gross debtUSD 242.1M
Net debtUSD 222.0M
Current ratio2.96×

Net debt stands at 483% of equity.

The 5-year record

5 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
SBDS, 5-year financial record
Metric 20252024202320222021
Revenue $B0.30.50.50.50.4
Operating income $B−0.1−0.2−0.20.00.1
EBITDA $B−0.1−0.1−0.20.00.1
Income tax $B0.0−0.0−0.00.00.0
Net income $B−0.1−0.2−0.2−0.00.0
Free cash flow $B−0.10.00.10.0−0.0
EPS, diluted $−64.09−77.66−1.84−0.080.17
Dividend / sh $◌◌◌◌◌
Payout % — not applicable: no dividend—————
ROE %◌◌−36.8−1.43.0

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 25 reconciliationsAUDITED

Reconciled in 5 of the 5 fiscal years we could check. 28 checks were skipped: the balance sheet is not tagged before 2021. 14 checks were skipped: EPS is not tagged before 2021. 14 checks were skipped: revenue is not tagged before 2021.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivitySporting & Athletic Goods, NEC
Listed onOTC market
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company, smaller reporting company
Data on record since2021

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