Solo Brands, Inc. (SBDS) AI Stock Analysis

Solo Brands, Inc., founded in 2011 and based in Grapevine, Texas, operates outdoor and lifestyle brands across the United States, Canada, Australia, Europe, and internationally. The company functions through two segments, Solo Stove and Chubbies. Its portfolio includes indoor and outdoor fire pits, camping stoves, and accessories under the Solo Stove and TerraFlame brands; kayaks and storage bags under Oru Kayak; and paddle boards, hybrid kayaks, surfboards, and flotation gear under ISLE. In apparel, it markets casual apparel and activewear, such as swimwear, outerwear, polos, and lounge wear, under the Chubbies and Cheekies brand names through e-commerce and retail stores.

Solo Brands expanded revenue from $403.7M in FY2021 to a peak of $517.6M in FY2022, representing 28.2% annual growth. Since then, sales contracted to $494.8M in FY2023, $454.6M in FY2024, and fell 30.4% to $316.6M in FY2025. Gross margin shrank from 64.1% in FY2021 to 51.3% in FY2025. Net losses were -$111.3M in FY2023, -$113.4M in FY2024, and -$101.3M in FY2025, yielding an FY2025 net margin of -32.0%. For the trailing twelve months ended June 30, 2026, revenue totaled $298.4M with a quarterly revenue decline of 4.1% year-over-year. Operating margin for the trailing twelve months was 6.1%, but net profit margin remained negative at -28.7%.

As of June 30, 2026, Solo Brands held $35.4M in cash and short-term investments against $265.6M in total debt, creating net debt of $230.2M. Shareholders' equity was $42.3M, resulting in a debt-to-equity ratio of 6.27, while the current ratio stood at 3.12. Operating cash flow fell to -$46.6M in FY2025, and free cash flow was -$58.7M after capital expenditures of $12.0M. Additionally, the company recorded $2.5M in dividends paid in FY2025, while total shares outstanding grew by 60.9% over five years.

Solo Brands closed at $2.35 on October 16, 2026, down 84.9% over the past year compared to a 16.8% gain for the S&P 500 (SPY). The company trades at an enterprise value of $237.9M and a market capitalization of $6.0M. Its forward price-to-earnings ratio is 3.4x, well below the median of its US-listed Consumer Cyclical peers of 14.1x. Its price-to-sales multiple is 0.0x compared to the peer median of 0.7x, and its enterprise-value-to-EBITDA ratio of 11.1x matches the peer median of 11.1x.

Wall Street analyst estimates show a revenue forecast of $0 for the fiscal year ending December 31, 2026. Across the last four reported quarters, Solo Brands recorded 0 earnings-per-share beats against expectations, accompanied by a trailing twelve-month diluted EPS of -$50.61.

This page is an AI-written research summary of Solo Brands, Inc. (SBDS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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