Solo Brands ($SBDS) Reports Weaker Q4 2025 Performance

Solo Brands (NYSE: SBDS) reported a weaker performance in its fourth quarter of 2025, with both revenue and earnings showing declines compared to the previous year.

Adjusted earnings per share for the fourth quarter were $1.27, down from $1.32 in the same period last year, reflecting a 3.8% decline.

The company’s revenue for the fourth quarter was $94.03 million, representing a 34.5% decrease from the previous year’s $143.5 million.

Segmental revenue for Solo Stove was $72.0 million, a decline of 38.3%, while Chubbies reported net sales of $19.3 million, a decrease of 20.0%. Operating margin for the Solo Stove segment improved to 20.3% from 5.2%, while Chubbies’ margin decreased to 4.5% from 13.7%.

Fourth quarter adjusted EBITDA was $9.6 million, or 10.2% of net sales, an improvement from $6.3 million, or 4.4% of net sales. Full-year adjusted EBITDA was $18.5 million, or 5.8% of net sales, down from $32.6 million, or 7.2% of net sales.

“Fiscal 2025 was a year of significant change for Solo Brands. We took decisive actions to simplify the organization, better align our channel strategy with key retail partners, reduce our cost base, and sharpen our focus on profitability and cash generation,” said John Larson, President and Chief Executive Officer.