Solo Brands, Inc.
For the period ended Dec 31, 2025. Filed Mar 23, 2026.
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FY2025 · Filed Mar 23, 2026
SBDS$2.61-12.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Income (Loss)
| Year Ended December 31, | ||
|---|---|---|
| (In thousands, except per share data) | 2025 | 2024 |
| Net sales | $316,581 | $454,550 |
| Cost of goods sold | 128,501 | 194,286 |
| Gross profit | 188,080 | 260,264 |
| Operating expenses | ||
| Selling, general & administrative expenses | 176,248 | 262,172 |
| Restructuring, contract termination and impairment charges | 93,495 | 136,099 |
| Depreciation and amortization expenses | 25,674 | 25,702 |
| Other operating expenses | 6,146 | 10,909 |
| Total operating expenses | 301,563 | 434,882 |
| Income (loss) from operations | (113,483) | (174,618) |
| Non-operating (income) expense | ||
| Interest expense, net | 26,560 | 14,004 |
| Other non-operating (income) expense | 1,972 | 528 |
| Total non-operating (income) expense | 28,532 | 14,532 |
| Income (loss) before income taxes | (142,015) | (189,150) |
| Income tax expense (benefit) | 3,422 | (8,958) |
| Net income (loss) | (145,437) | (180,192) |
| Less: net income (loss) attributable to noncontrolling interests | (44,116) | (66,836) |
| Net income (loss) attributable to Solo Brands, Inc. | $(101,321) | $(113,356) |
| Other comprehensive income (loss) | ||
| Foreign currency translation, net of tax | 160 | (204) |
| Comprehensive income (loss) | (145,277) | (180,396) |
| Less: other comprehensive income (loss) attributable to noncontrolling interests | 42 | (66) |
| Less: net income (loss) attributable to noncontrolling interests | (44,116) | (66,836) |
| Comprehensive income (loss) attributable to Solo Brands, Inc. | (101,203) | (113,494) |
| Net income (loss) per Class A common stock | ||
| Basic and diluted | $(64.09) | $(77.66) |
| Weighted-average Class A common stock outstanding | ||
| Basic and diluted | 1,581 | 1,460 |
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