Solo Brands, Inc. (SBDS)

Solo Brands Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	366.08	454.55	494.78	517.63	403.72	133.43
Revenue Growth (YoY)	-23.14%	-8.13%	-4.42%	28.21%	202.57%	234.81%
Cost of Revenue	128.96	175.98	192.62	199.45	144.81	46.46
Gross Profit	237.12	278.57	302.15	318.18	258.91	86.97
Selling, General & Admin	203.57	257.73	251.01	259.05	159.52	40.01
Other Operating Expenses	6.62	10.91	4.11	0.68	12.29	39.17
Operating Expenses	235.74	294.35	281.71	284.32	190.05	84.85
Operating Income	1.38	-15.77	20.44	33.85	68.86	2.12
Interest Expense	-22.77	-14	-11	-6.27	-10.14	-3.21
Other Non Operating Income (Expenses)	-3.34	-0.53	7.3	-0.71	-0.21	-0.44
EBT Excluding Unusual Items	-24.72	-30.3	16.74	26.87	58.52	-1.53
Merger & Restructuring Charges	46.7	-18.89	-0.9	-2.9	-	-3.5
Impairment of Goodwill	-95.85	-95.85	-234.77	-27.9	-	-
Asset Writedown	-24.32	-24.32	-14.2	-2.69	-	-
Other Unusual Items	-19.79	-19.79	1.57	-	-	-19.07
Pretax Income	-117.98	-189.15	-231.56	-6.62	58.52	-24.1
Income Tax Expense	2.51	-8.96	-36.23	1	2.03	0.1
Earnings From Continuing Operations	-120.49	-180.19	-195.33	-7.62	56.5	-24.2
Minority Interest in Earnings	42.82	66.84	83.99	2.68	-7.84	24.2
Net Income	-77.67	-113.36	-111.35	-4.95	48.65	-
Net Income to Common	-77.67	-113.36	-111.35	-4.95	48.65	-
Shares Outstanding (Basic)	2	1	2	2	2	181
Shares Outstanding (Diluted)	2	1	2	2	2	181
Shares Change (YoY)	4.01%	-3.49%	-4.67%	0.72%	-99.13%	-
EPS (Basic)	-51.31	-77.66	-73.62	-3.12	30.89	-
EPS (Diluted)	-51.31	-77.66	-73.62	-3.20	6.80	-
Free Cash Flow	-52.25	-4	53.33	23.15	-20.89	31.72
Free Cash Flow Per Share	-34.52	-2.74	35.26	14.59	-13.26	0.17
Gross Margin	64.77%	61.29%	61.07%	61.47%	64.13%	65.18%
Operating Margin	0.38%	-3.47%	4.13%	6.54%	17.06%	1.59%
Profit Margin	-21.21%	-24.94%	-22.50%	-0.95%	12.05%	-
Free Cash Flow Margin	-14.27%	-0.88%	10.78%	4.47%	-5.17%	23.77%
EBITDA	27.3	10.16	47.19	58.45	87.09	7.78
EBITDA Margin	7.46%	2.23%	9.54%	11.29%	21.57%	5.83%
D&A For EBITDA	25.92	25.93	26.75	24.59	18.23	5.67
EBIT	1.38	-15.77	20.44	33.85	68.86	2.12
EBIT Margin	0.38%	-3.47%	4.13%	6.54%	17.06%	1.59%
Effective Tax Rate	-	-	-	-	3.46%	-
Advertising Expenses	-	96.04	96.9	93.4	74.5	17.8

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q