Filing Flows › Solo Brands (SBDS) › Q2 2025
Solo Brands (SBDS) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Solo Brands (SBDS) reported revenue of $92.3M for the second quarter 2025 (Q2 2025), -30% from a year earlier and +19% from the quarter before. Operating margin was -10.7%, net loss $20.8M (22.5% of revenue).
Solo Brands, Q2 2025: revenue $92.3M (-30% year over year), operating margin -10.7%, net loss $20.8M, operating cash flow $10.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $92.3M | +19% | -30% |
| Operating profit | −$9.8M | — | — |
| Net earnings | −$20.8M | — | — |
| Operating cash flow | $10.9M | — | -30% |
What changed
Revenue was $92.3M in Q2 2025, down 30% year over year and up 19% from the previous quarter. Chubbies was the largest line at 48% of revenue. Solo Stove lost $32.4M year over year (down 46%), 82% of the total change.
Gross margin was 61.3%, down 1.5 points from a year earlier. Operating costs exceeded revenue by $9.8M, an operating margin of -10.7%. Operating expenses fell 17% while revenue fell 30%. The fastest-growing cost line was Other operating costs (+96%). The quarter ended with a net loss of $20.8M, wider than the previous quarter's $18.6M loss. Minority interests bore $7.3M of it: to shareholders the quarter was a loss of $13.5M.
Operating cash flow was $10.9M (down 30% year over year). Non-cash charges added back $6.7M of depreciation and amortization and $907K of share-based compensation. Working capital and other items added $24.1M.
Questions
What was Solo Brands' revenue in the second quarter 2025?
Solo Brands (SBDS) reported revenue of $92.3M for the second quarter 2025 (Q2 2025), -30% from a year earlier and +19% from the quarter before.
Was Solo Brands profitable in the second quarter 2025?
Operating loss was $9.8M (-10.7% of revenue) and net loss $20.8M.
Source: Solo Brands 10-Q on SEC EDGAR.