DTC · Solo Brands, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $62.88M | - | $53.04M | $92.26M | $77.25M | - | $94.14M | $131.55M | $85.32M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | $32.90M | - | $31.85M | $56.60M | $42.60M | - | $39.32M | $82.64M | $50.54M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $33.20M | - | $39.49M | $47.69M | $38.99M | - | $61.12M | $70.81M | $48.41M | - |
| Total Operating Expenses | $37.64M | - | $48.02M | $66.43M | $53.25M | - | $154.60M | $80.40M | $56.90M | - |
| D&A | $4.11M | - | $5.82M | $6.39M | $6.89M | - | $6.57M | $6.41M | $6.28M | - |
| Operating Income | ($4.74M) | - | ($16.18M) | ($9.84M) | ($10.64M) | - | ($115.29M) | $2.24M | ($6.35M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($6.62M) | - | ($552.0K) | $1.68M | $2.94M | - | ($6.90M) | $2.69M | ($3.19M) | - |
| Net Income | ($5.47M) | - | ($15.03M) | ($13.47M) | ($12.19M) | - | ($69.86M) | $7.42M | ($3.40M) | - |
| EPS - Basic | ($2.18) | - | ($9.22) | ($8.93) | ($0.21) | - | ($1.19) | ($0.05) | ($0.06) | - |
| EPS - Diluted | ($2.18) | - | ($9.22) | ($8.93) | ($0.21) | - | ($1.19) | ($0.05) | ($0.06) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $16.46M | $20.03M | $16.33M | $18.12M | $206.39M | $11.98M | $12.49M | $20.10M | $15.41M | $19.84M |
| Accounts Receivable | $38.65M | $29.76M | $15.87M | $32.18M | $52.86M | $39.44M | $38.27M | $36.78M | $39.03M | $42.73M |
| Inventory | $82.88M | $81.65M | $84.83M | $84.13M | $103.07M | $108.58M | $106.80M | $100.78M | $112.33M | $111.61M |
| Accounts Payable | $7.53M | $13.07M | $10.66M | $9.95M | $23.03M | $69.60M | $61.05M | $24.45M | $24.33M | $21.85M |
| Current Assets | $147.74M | $140.21M | $128.25M | $148.61M | $372.61M | $172.22M | $172.49M | $187.62M | $191.65M | $196.07M |
| Total Assets | $362.68M | $360.34M | $431.05M | $459.70M | $692.40M | $495.06M | $553.23M | $642.00M | $648.27M | $659.32M |
| Current Liabilities | $41.59M | $47.37M | $40.06M | $41.09M | $486.97M | $121.71M | $109.69M | $75.33M | $68.50M | $88.56M |
| Long-term Debt | $261.43M | $240.27M | $233.97M | $237.76M | $0 | $142.06M | $151.14M | $153.42M | $162.71M | $142.99M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $46.29M | $46.00M | $99.14M | $113.18M | $121.67M | $133.71M | $168.01M | $236.73M | $238.46M | $241.26M |
| Retained Earnings | ($335.43M) | ($329.96M) | ($269.33M) | ($254.30M) | ($241.01M) | ($228.81M) | ($191.84M) | ($121.97M) | ($118.86M) | ($115.46M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($16.07M) | - | - | - | ($75.19M) | - | - | - | ($18.53M) | - |
| Investing Cash Flow | ($2.31M) | - | - | - | ($3.21M) | - | - | - | ($2.39M) | - |
| Financing Cash Flow | $14.90M | - | - | - | $272.81M | - | - | - | $16.34M | - |
| CapEx | - | - | - | - | $3.21M | - | - | - | $2.39M | - |
| Free Cash Flow | - | - | - | - | ($78.39M) | - | - | - | ($20.91M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 52.3% | - | 60.0% | 61.3% | 55.2% | - | 41.8% | 62.8% | 59.2% | - |
| Operating margin | -7.5% | - | -30.5% | -10.7% | -13.8% | - | -122.5% | 1.7% | -7.4% | - |
| EBITDA margin | -1.0% | - | -19.5% | -3.7% | -4.9% | - | -115.5% | 6.6% | -0.1% | - |
| Net margin | -8.7% | - | -28.3% | -14.6% | -15.8% | - | -74.2% | 5.6% | -4.0% | - |
| Free cash flow margin | - | - | - | - | -101.5% | - | - | - | -24.5% | - |
| FCF / Net income | - | - | - | - | 6.43 | - | - | - | 6.15 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 52.8% | - | 74.5% | 51.7% | 50.5% | - | 64.9% | 53.8% | 56.7% | - |
| Effective tax rate | - | - | - | - | - | - | - | 26.6% | - | - |
| Return on assets | -1.5% | - | -3.5% | -2.9% | -1.8% | - | -12.6% | 1.2% | -0.5% | - |
| Return on equity | -11.8% | - | -15.2% | -11.9% | -10.0% | - | -41.6% | 3.1% | -1.4% | - |
| Return on invested capital | -1.2% | - | -3.8% | -2.2% | -6.9% | - | -28.5% | 0.4% | -1.3% | - |
| Liquidity | ||||||||||
| Current ratio | 3.55 | 2.96 | 3.20 | 3.62 | 0.77 | 1.41 | 1.57 | 2.49 | 2.80 | 2.21 |
| Quick ratio | 1.56 | 1.24 | 1.08 | 1.57 | 0.55 | 0.52 | 0.60 | 1.15 | 1.16 | 0.95 |
| Cash ratio | 0.40 | 0.42 | 0.41 | 0.44 | 0.42 | 0.10 | 0.11 | 0.27 | 0.22 | 0.22 |
| Leverage | ||||||||||
| Debt / Equity | 5.65 | 5.22 | 2.36 | 2.10 | 0.00 | 1.06 | 0.90 | 0.65 | 0.68 | 0.59 |
| Debt / Assets | 0.72 | 0.67 | 0.54 | 0.52 | 0.00 | 0.29 | 0.27 | 0.24 | 0.25 | 0.22 |
| Debt / EBITDA | - | - | - | - | - | - | - | 17.74 | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 7.83 | 7.83 | 4.35 | 4.06 | 5.69 | 3.70 | 3.29 | 2.71 | 2.72 | 2.73 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.17 | - | 0.12 | 0.20 | 0.11 | - | 0.17 | 0.20 | 0.13 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 224d | - | 109d | 127d | 250d | - | 148d | 102d | 167d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -18.6% | - | -43.7% | -29.9% | -9.5% | - | -14.7% | 0.5% | -3.3% | - |
| Revenue CAGR (3y) | -10.7% | - | -19.6% | 1.3% | -2.0% | - | 47.8% | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -22.8% | - | -19.0% | -31.5% | -15.7% | - | -42.4% | -0.5% | -7.1% | - |
| Operating income growth (YoY) | 55.5% | - | 86.0% | - | -67.6% | - | -8600.8% | -79.8% | - | - |
| Net income growth (YoY) | 55.2% | - | 78.5% | - | -258.4% | - | - | 0.0% | - | - |
| EPS growth (YoY) | -938.1% | - | -674.8% | -17760.0% | -250.0% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -274.8% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -62.0% | -65.6% | -41.0% | -52.2% | -49.0% | -44.6% | -53.4% | -34.0% | -35.1% | -33.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$316.58M totalSolo Stove Holdings LLC$167.22M · 52.8%
Chubbies$122.94M · 38.8%
Corporate And Other$26.42M · 8.3%
Product / service
$316.58M totalFire Pits Stoves And Accessories$167.22M · 52.8%
Apparel$122.94M · 38.8%
Product And Service Other$26.42M · 8.3%
Geographic
$316.58M totalUS$294.28M · 93.0%
Non Us$22.30M · 7.0%
Peer comparison
Same SIC group: Sporting & Athletic Goods, NEC
Comparing Solo Brands against the 5 most active filers in the same SIC group.