Saturday 14 November 2026
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Solo Brands, Inc.
SBDSConsumer 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%
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Target Price Range
Analyst price targets
Free accountTen 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
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%) |
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