Filing Flows › Solo Brands (SBDS) › Q1 2026
Solo Brands (SBDS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Solo Brands (SBDS) reported revenue of $62.9M for the first quarter 2026 (Q1 2026), -19% from a year earlier and -33% from the quarter before. Operating margin was -7.5%, net loss $5.5M (8.7% of revenue).
Solo Brands, Q1 2026: revenue $62.9M (-19% year over year), operating margin -7.5%, net loss $5.5M, operating cash flow −$16.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $62.9M | -33% | -19% |
| Operating profit | −$4.7M | — | — |
| Net earnings | −$5.5M | — | — |
| Operating cash flow | −$16.1M | -350% | — |
What changed
Revenue was $62.9M in Q1 2026, down 19% year over year and down 33% from the previous quarter. Apparel was the largest line at 58% of revenue. Fire pits, stoves and accessories lost $10.1M year over year (down 39%), 70% of the total change.
Gross margin was 52.3%, down 2.8 points from Q1 2025. Operating costs exceeded revenue by $4.7M, an operating margin of -7.5%. Operating expenses fell 29% while revenue fell 19%. The quarter ended with a net loss of $5.5M, narrower than the previous quarter's $83.2M loss. Net interest and other expense of $7.3M was the main reason.
Operating cash flow was −$16.1M. Non-cash charges added back $5.2M of depreciation and amortization and $617K of share-based compensation. Working capital and other items used $16.5M. Capital expenditures of $2.3M exceeded it, leaving free cash flow of −$18.4M.
Questions
What was Solo Brands' revenue in the first quarter 2026?
Solo Brands (SBDS) reported revenue of $62.9M for the first quarter 2026 (Q1 2026), -19% from a year earlier and -33% from the quarter before.
Was Solo Brands profitable in the first quarter 2026?
Operating loss was $4.7M (-7.5% of revenue) and net loss $5.5M.
Source: Solo Brands 10-Q on SEC EDGAR.