Solo Brands, Inc.

SBDS

Consumer Cyclical Internet Retail

Solo Brands, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $316.6 million, down 30.4% from fiscal 2024.

Revenue
−17.6%
EPS
+80.7%
Free cash flow
−42.8%
Total debt
+9.03%

Quarter to September 2026, against a year earlier

2.70 0.00 0.00%
Market cap
$12.5M
P/E
n/m
Fwd P/E
n/m
Dividend yield
—
F-score
3/9
ROIC
−24.3%
Net debt / EBITDA
−2.7×
Dividend safety
n/a

Insider Decisions last twelve months

Net bought
$39.7K
Trades
0 sells · 4 buys
Ownership
80.9%

Capital & Financial Ratios $m

Size
Market Cap 13
Revenue ttm 289
Net income ttm (114)
Free cash flow ttm 25
Net debt Q 216
Valuation
P/E n/m
Forward P/E n/m
Price / sales 0.0
Forward P/S Powerpack
Price / FCF 0.3
Price / book 0.3
Financial health
Current ratio Q 3.1 (at or above 1.5: strong)
Debt / equity Q 11.7 (above 2: weak)
Interest coverage Q (1.9)
Growth
Revenue growth Q −17.6% (below 0%: shrinking)
Operating income growth Q +10.9% (above 0%: growing)
EPS, this year −141.7% (below 0%: weak)
EPS, next year A +410.0% (at or above 15%: strong)
Revenue, next year A −5.7% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A −27.6% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation vs history

P/S against its own 10 years 6.81%
10-year low 10-year high
P/B against its own 10 years 44.58%
10-year low 10-year high
EV/Sales against its own 10 years 53.76%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 20 12 20 40
Receivables 43 39 30 13
Inventory 112 109 82 59
Other — — — —
196 172 140 123
2023 2024 2025 Q'26
Payables 22 70 13 11
ST’ Debt 6 9 2 7
Other — — — —
89 122 47 40

Compound Annual Growth %

10y 5y 3y
Sales — 18.86% (15.12%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — (31.14%) (55.29%)

EPS $

Mar Jun Sep Dec Year
’26 (2.18) (1.72) — — —
’25 (8.40) (8.93) (9.22) (35.03) (64.09)
’24 (2.40) (2.00) (47.60) (25.20) (77.60)
’23 0.58 4.80 2.80 (85.60) (73.60)
’22 (1.20) (7.60) (1.20) 7.20 (3.20)
’21 — — 0.00 6.80 6.80
’20 — — 5.21 — (0.25)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 63 88 44 — —
’25 77 92 53 94 317
’24 85 132 94 144 455
’23 88 131 110 165 495
’22 82 136 102 197 518
’21 69 89 69 176 404
’20 — — 29 — 133
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (16) 36 6 — —
’25 (75) 11 11 6 (47)
’24 (19) 16 0 13 11
’23 15 37 (13) 23 62
’22 (26) 14 (23) 68 32
’21 (6) (1) (45) 41 (10)
’20 — — 26 7 33
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (18) 35 5 — —
’25 (78) 8 8 4 (59)
’24 (21) 13 (6) 10 (4)
’23 13 35 (16) 21 53
’22 (27) 11 (26) 66 23
’21 (6) (2) (48) 36 (21)
’20 — — 25 7 32
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — 40 133 404 518 495 455 317 289 +41.3% 299 314 — (0.5%)
Gross margin, % — — — 54.74 65.18 64.13 61.47 61.07 57.26 59.41 59.04 +4.7 pt
EBT — — — (30) (24) 59 (7) (232) (189) (142) (122) +29.9%
EBT margin, % — — — (74.12) (18.07) 14.50 (1.28) (46.80) (41.61) (44.86) (42.21) +29.3 pt
Net income — 0 — (30) (24) 56 (8) (195) (180) (145) (114) n/m
Per share, $
Per share, $ Revenue — — — 0.41 1.38 256.28 326.25 327.12 311.34 200.24 0.00 +180.4%
Earnings — — — (0.31) (0.25) 6.80 (3.20) (73.60) (77.60) (64.09) (48.15) +143.2%
Cash flow — — — (0.20) 0.34 (6.50) 20.42 41.27 7.20 (29.48) 0.00 +128.9%
Capex — — — 0.00 (0.01) (6.72) (5.82) (6.01) (9.94) (7.62) 0.00 n/m
Free cash flow — — — (0.20) 0.33 (13.22) 14.59 35.26 (2.74) (37.10) 0.00 +137.9%
Book value — — — 0.77 3.43 364.48 362.41 246.12 132.44 32.51 0.00 +86.8%
Shares, m — — — 97 97 2 2 2 1 2 2 (49.6%)
Valuation, ×
Valuation, × P/E — — — 51.03 51.03 51.03 0.00 0.00 0.00 0.00 0.00 21.9
P/S — — — 4.36 4.36 2.44 0.45 0.73 0.15 0.03 0.02 1.8
P/B — — — 2.76 2.76 1.72 0.41 0.97 0.34 0.19 0.31 1.3
EV/Sales — — — 5.78 5.78 2.69 0.63 0.99 0.45 0.73 0.77 2.4
EV/FCF — — — (29.53) (29.53) (52.24) 14.03 9.20 (51.38) (3.95) 8.95 (20.5)
Cash, $m
Cash, $m Operating cash flow — — — (20) 33 (10) 32 62 11 (47) 32 +15.3%
Capex — — — 0 (1) (11) (9) (9) (15) (12) (7) +116.2%
Free cash flow — — — (20) 32 (21) 23 53 (4) (59) 25 +19.8%
Balance, $m
Balance, $m Working capital — — — 5 (86) 112 128 108 51 93 83 +64.9%
Net debt — — — 19 41 103 90 129 139 222 216 +51.2%
Shareholders’ equity — — — 74 332 574 575 372 193 51 22 (5.9%)
Returns, %
Returns, % ROA — — — (56.00) (7.47) 1.55 (0.58) (14.63) (19.64) (23.69) (24.21) +32.3 pt
ROIC — — — 0.00 (3.43) 6.36 0.03 (28.39) (32.87) (25.94) (24.27) (25.9) pt
ROE — — — (14.54) (11.92) 2.36 (0.86) (23.51) (40.08) (82.79) (117.15) (68.2) pt
People
People Employees — — — — 250 300 350 400 526 327 — +5.5%
Revenue/emp, $m — — — 0.00 0.53 1.35 1.48 1.24 0.86 0.97 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 12 Nov 2026

Solo Brands, Inc. vs peers in Internet Retail (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
LITB LightInTheBox Holding Co., Ltd. $47.6M 5.5× 5.4× −3.51% (below 0%: shrinking) −18.18% (below 0%: shrinking) +755.85% (above 0%: growing) 66.12% 3.64% Compare
MI NFT Limited $35.5M 0.0× 22.1× −17.20% (below 0%: shrinking) n/m −4,095.77% (below 0%: shrinking) 73.83% (52.99%) Compare
MOGU MOGU Inc. Sponsored ADR $13.6M — (loss-making) — (loss-making) −18.03% (below 0%: shrinking) n/m −128.95% (below 0%: shrinking) 38.26% 0.00% Compare
SBDS Solo Brands, Inc. $12.5M — (loss-making) — (loss-making) −17.57% (below 0%: shrinking) n/m −42.81% (below 0%: shrinking) 63.40% (32.99%)
NHTC Natural Health Trends Corp. $6.2M — (loss-making) 75.1× −20.23% (below 0%: shrinking) n/m −1,670.00% (below 0%: shrinking) 74.15% (3.66%) Compare
JWEL Jowell Global Ltd. $4.1M — (loss-making) 19.9× +23.99% (above 0%: growing) −10,966.67% (below 0%: shrinking) +88.58% (above 0%: growing) 0.76% 0.00% Compare
FRTT Fort Technology Inc. $4.0M — (loss-making) — — n/m −356.92% (below 0%: shrinking) 19.51% (24.41%) Compare
UZX Linkage Global Inc. $3.4M — — — — −59.33% (below 0%: shrinking) — — Compare
WBUY WeBuy Global Ltd. $3.2M — — — — +61.71% (above 0%: growing) — — Compare
Median of peers $5.2M — 21.0× −17.20% — −94.14% 52.19% (1.83%)

All 42 Internet Retail stocks →

Pay and ownership Proxy statement filed 10 April 2026

Ownership

Directors and executive officers, together 4.00%
Entities affiliated with Summit Partners 43.00%
Jan Brothers Holdings, Inc. 8.40%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Solo Brands, Inc. (SBDS) Latest News

12 Nov

23 Mar

18 Mar

17 Feb

Impact 4 · · retaildive.com

27 Jan

Impact 4 · · TipRanks

21 Oct

Impact 3 · · PR NewswireABC News VideosTheStreetTheStreetBusiness Wire VideosBenzingaTechCrunchReuters

6 Aug

Impact 4 · · GlobeNewswire
stockrow.com/SBDS · Data as of Nov 12, 2026 · For information only; not investment advice. · © 2026 stockrow.com