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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›SBDS›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

Solo Brands, Inc. (SBDS) financials

Income statement

Solo Brands, Inc. (SBDS) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Revenue—$404M$518M$495M$455M$317M
Revenue growth——28.2%-4.4%-8.1%-30.4%
Gross profit—$259M$318M$302M$260M$188M
Gross margin—64.1%61.5%61.1%57.3%59.4%
Operating income—$68.9M$364K-$228M-$175M-$113M
Operating margin—17.1%0.1%-46.1%-38.4%-35.8%
Net income—$56.5M-$7.62M-$195M-$180M-$145M
Net margin—14.0%-1.5%-39.5%-39.6%-45.9%
EPS (diluted)—$0.17-$0.08-$1.84-$77.66-$64.09

Cash flow

Solo Brands, Inc. (SBDS) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow—-$10.2M$32.4M$62.4M$10.5M-$46.6M
Capital expenditures—$10.6M$9.24M$9.09M$7.50M$4.60M
Free cash flow—-$20.9M$23.2M$53.3M$3.02M-$51.2M
Share buybacks—$0.00$0.00$37.0M$0.00—

Balance sheet

Solo Brands, Inc. (SBDS) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$32.8M$25.1M$23.3M$19.8M$12.0M$20.0M
Total assets$542M$838M$862M$659M$495M$360M
Long-term debt$72.9M$125M$108M$143M$142M$240M
Shareholders' equity—$361M$363M$241M$134M$46.0M
Retained earnings-$8.32M$10.7M$5.75M-$115M-$229M-$330M
Shares (wtd avg diluted)—63.0M63.5M60.5M1.46M1.58M

Every figure is extracted from Solo Brands, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Solo Brands, Inc.'s annual revenue?
Solo Brands, Inc. (SBDS) reported $317M of revenue for fiscal year 2025 — down 30.4% from $455M in FY2024, per its annual report filed with the SEC.
Is Solo Brands, Inc. profitable?
Not in FY2025 — SBDS reported a net loss of $145M, per SEC filings.
What is Solo Brands, Inc.'s free cash flow?
-$51.2M in FY2025 (operating cash flow -$46.6M minus $4.60M of capital expenditures), from the SEC cash-flow statement.
Does SBDS pay a dividend?
Solo Brands, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full SBDS analysis — verdict, score & filings →Is SBDS a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.