Filing Flows › Solo Brands (SBDS) › Q4 2024
Solo Brands (SBDS) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 12, 2025
Solo Brands (SBDS) reported revenue of $144M for the fourth quarter 2024 (Q4 2024), -13% from a year earlier and +52% from the quarter before. Operating margin was -38.5%, net loss $58.2M (40.6% of revenue).
Solo Brands, Q4 2024: revenue $144M (-13% year over year), operating margin -38.5%, net loss $58.2M, operating cash flow $13.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $144M | +52% | -13% |
| Operating profit | −$55.2M | — | — |
| Net earnings | −$58.2M | — | — |
| Operating cash flow | $13.0M | 34× | -44% |
| Free cash flow | $10.0M | — | -53% |
What changed
Revenue was $143.5M in Q4 2024, down 13% year over year and up 52% from the previous quarter.
Gross margin was 61.1%, up 2.8 points from a year earlier. Operating costs exceeded revenue by $55.2M, an operating margin of -38.5%. Operating expenses fell 58% while revenue fell 13%. The quarter ended with a net loss of $58.2M, narrower than the previous quarter's $111.5M loss. Minority interests bore $21.2M of it: to shareholders the quarter was a loss of $37.0M.
Operating cash flow was $13.0M (down 44% year over year). Non-cash charges added back $6.7M of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items added $62.3M. Capital expenditures of $3.0M left free cash flow of $10.0M.
Questions
What was Solo Brands' revenue in the fourth quarter 2024?
Solo Brands (SBDS) reported revenue of $144M for the fourth quarter 2024 (Q4 2024), -13% from a year earlier and +52% from the quarter before.
Was Solo Brands profitable in the fourth quarter 2024?
Operating loss was $55.2M (-38.5% of revenue) and net loss $58.2M.
Source: Solo Brands 10-K on SEC EDGAR.