Solo Brands, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | — | $316.6M | $454.6M | $494.8M | $517.6M | $403.7M |
| Cost of Revenue | — | — | — | — | — | — |
| Gross Profit | — | $188.1M | $260.3M | $302.2M | $318.2M | $258.9M |
| Gross Margin | — | 59.4% | 57.3% | 61.1% | 61.5% | 64.1% |
| Operating Expenses | ||||||
| Research & Development | — | $800.0K | $1.7M | $700.0K | $1.1M | $300.0K |
| SG&A Expense | — | $176.2M | $262.2M | $249.4M | $259.0M | $159.5M |
| Operating Income | — | $-113.5M | $-174.6M | $-227.9M | $364.0K | $68.9M |
| Operating Margin | — | -35.8% | -38.4% | -46.1% | 0.1% | 17.1% |
| Interest Expense | — | $24.6M | $12.6M | — | — | — |
| Pretax Income | — | $-142.0M | $-189.2M | $-231.6M | $-6.6M | $58.5M |
| Income Tax Expense | — | $3.4M | $-9.0M | $-36.2M | $1.0M | $2.0M |
| Net Income | — | $-145.4M | $-180.2M | $-111.3M | $-4.9M | $10.7M |
| Net Margin | — | -45.9% | -39.6% | -22.5% | -1.0% | 2.6% |
| EPS (Basic) | — | $-64.09 | $-77.66 | $-1.84 | $-0.08 | $0.17 |
| EPS (Diluted) | — | $-64.09 | $-77.66 | $-1.84 | $-0.08 | $0.17 |
| Shares Outstanding (Basic) | 2.6M | 1.6M | 1.5M | 60.5M | 63.5M | 63.0M |
| Shares Outstanding (Diluted) | 2.6M | 1.6M | 1.5M | 60.5M | 63.5M | 63.0M |
| Dividends Per Share | — | — | — | — | — | — |