Filing Flows › Solo Brands (SBDS) › Q4 2025
Solo Brands (SBDS) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 23, 2026
Solo Brands (SBDS) reported revenue of $94.0M for the fourth quarter 2025 (Q4 2025), -34% from a year earlier and +77% from the quarter before. Operating margin was -81.7%, net loss $83.2M (88.4% of revenue).
Solo Brands, Q4 2025: revenue $94.0M (-34% year over year), operating margin -81.7%, net loss $83.2M, operating cash flow $6.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $94.0M | +77% | -34% |
| Operating profit | −$76.8M | — | — |
| Net earnings | −$83.2M | — | — |
| Operating cash flow | $6.4M | -43% | -51% |
What changed
Revenue was $94.0M in Q4 2025, down 34% year over year and up 77% from the previous quarter.
Gross margin was 60.6%, down 0.5 points from Q4 2024. Operating costs exceeded revenue by $76.8M, an operating margin of -81.7%. Operating expenses fell 6% while revenue fell 34%. The fastest-growing cost line was Other operating costs (+37%). The quarter ended with a net loss of $83.2M, wider than the previous quarter's $22.9M loss. Minority interests bore $22.5M of it: to shareholders the quarter was a loss of $60.6M.
Operating cash flow was $6.4M (down 51% year over year). Non-cash charges added back $8.6M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items added $79.8M.
Questions
What was Solo Brands' revenue in the fourth quarter 2025?
Solo Brands (SBDS) reported revenue of $94.0M for the fourth quarter 2025 (Q4 2025), -34% from a year earlier and +77% from the quarter before.
Was Solo Brands profitable in the fourth quarter 2025?
Operating loss was $76.8M (-81.7% of revenue) and net loss $83.2M.
Source: Solo Brands 10-K on SEC EDGAR.