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Solo Brands Inc

solobrands.com

What Do They Do?

Sells outdoor fire products and accessories, apparel, and water recreation gear to consumers and retail partners.

How Do They Make Money?

Online customers pay for products at the time of sale; retail customers pay under retailer-specific terms, most commonly within 30 or 60 days.

revenue
SegmentShareRevenue
Fire pits, stoves and accessories
Sold outright

53%
Apparel
Sold outright

39%
Other
Sold outright
8.3%

Who Are Their Customers?

Consumers buy through Solo Brands’ websites, owned stores and selected online marketplaces; outdoor and sporting-goods retailers also buy for resale. Corporate customers and organizations order customized products through the brand websites.

Do Revenues Turn Into Profits?

No. It lost $145.4M in FY2025.

Operating income, FY2025
−36% of revenue
▼ −35% (Loss) vs FY2024 (−$174.6M, −38%)
Net income, FY2025
−46% of revenue
▼ −19% (Loss) vs FY2024 (−$180.2M, −40%)
Free cash flow, FY2025
−16% of revenue
▼ Now a loss vs FY2024 ($3M, 1%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −4%
vs $92.3M in Q2 FY2025
Net income
▼ −79% (Loss)
vs −$20.8M in Q2 FY2025
Fire pits, griddles, coolers, and related accessories share of revenue vs 41.5% in Q2 FY2025
  • Apr 2, 2026 NYSE suspended trading and initiated delisting proceedings The company said its stock was expected to begin trading on OTCQB.

Shrinking. Revenue fell 22% in 4 years, from $403.7M in FY2021 to $316.6M in FY2025, about 6% a year.

New fire products The range has expanded beyond wood-burning outdoor fire pits to include a propane fire pit and indoor fire products.

Revenue over time
Fire pits, stoves and accessories Apparel Other
$500M$250M$0

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