SBDS on OTC
Solo Brands, Inc.
We aim to help the customers in our communities live a good life by inspiring moments that create lasting memories.4 From its latest annual report
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Last updated Oct 19, 2026.
Overview
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- TickerSBDS on OTC2
- IndustrySporting & Athletic Goods, NEC2
- HeadquartersGrapevine, United States2
- Incorporated inDE3
- Business address1001 Mustang Dr, Grapevine, Tx 760513
- Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company3
- Legal formLimited Liability Company2
- LEI549300TX9CEZTZPWNQ742
- StatusActive2
- LEI statusIssued and current2
- Registered address1999 Bryan St. Suite 900, 75201 Dallas, United States2
- Registered withCorporations Section (Texas Secretary of State), 08014376772
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We aim to help the customers in our communities live a good life by inspiring moments that create lasting memories. When we are at our best, our products serve as the centerpiece of awesome experiences and unlock nostalgia for past ones. We own and operate premium authentic outdoor brands with ingenious products influenced by customer feedback. We consistently deliver innovative, high-quality products that are loved by our customers and revolutionize the outdoor experience, build community and help everyday people reconnect with what matters most.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Fire Pits, Stoves And Accessories brought in 53% of the revenue Solo Brands, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Fire Pits, Stoves And Accessories | $297.4M | $167.2M |
| Apparel | $112.7M | $122.9M |
| Product and Service, Other | $44.5M | $26.4M |
Business segments
Solo Stove Holdings, LLC brought in 53% of the revenue Solo Brands, Inc. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2024 | 2025 |
|---|---|---|
| Solo Stove Holdings, LLC | $297.4M | $167.2M |
| Chubbies | $112.7M | $122.9M |
| Corporate Segment and Other Operating | $44.5M | $26.4M |
Regions
United States brought in 93% of the revenue Solo Brands, Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| United States | $423.0M | $294.3M |
| Outside the United States | $31.5M | $22.3M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development0¢$800.0K
- Selling, general and admin56¢$176.2M
- Other costs43¢$136.1M
- Income tax1¢$3.4M
Out of $316.6M in revenue.5 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net sales | $316.6M | $454.6M |
| Cost of goods sold | $128.5M | $194.3M |
| Gross profit | $188.1M | $260.3M |
| Selling, general & administrative expenses | $176.2M | $262.2M |
| Restructuring, contract termination and impairment charges | $93.5M | $136.1M |
| Depreciation and amortization expenses | $25.7M | $25.7M |
| Other operating expenses | $6.1M | $10.9M |
| Total operating expenses | $301.6M | $434.9M |
| Income (loss) from operations | -$113.5M | -$174.6M |
| Interest expense, net | $26.6M | $14.0M |
| Other non-operating (income) expense | $2.0M | $528.0K |
| Total non-operating (income) expense | $28.5M | $14.5M |
| Income (loss) before income taxes | -$142.0M | -$189.2M |
| Income tax expense (benefit) | $3.4M | -$9.0M |
| Net income (loss) | -$145.4M | -$180.2M |
| Less: net income (loss) attributable to noncontrolling interests | -$44.1M | -$66.8M |
| Net income (loss) attributable to Solo Brands, Inc. | -$101.3M | -$113.4M |
| Net income (loss) attributable to Solo Brands, Inc. | -$101.3M | -$113.4M |
| Foreign currency translation, net of tax | $160.0K | -$204.0K |
| Comprehensive income (loss) | -$145.3M | -$180.4M |
| Less: other comprehensive income (loss) attributable to noncontrolling interests | $42.0K | -$66.0K |
| Less: net income (loss) attributable to noncontrolling interests | -$44.1M | -$66.8M |
| Comprehensive income (loss) attributable to Solo Brands, Inc. | -$101.2M | -$113.5M |
| Basic (in dollars per share) | -$64.09 | -$77.66 |
| Diluted (in dollars per share) | -$64.09 | -$77.66 |
| Basic (in shares) | 1.6M shares | 1.5M shares |
| Diluted (in shares) | 1.6M shares | 1.5M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $20.0M | $12.0M | |
| Accounts receivable, net of allowance for credit losses of $1.1 million as of December 31, 2025 and 2024 | $29.8M | $39.4M | |
| Inventory | $81.6M | $108.6M | |
| Prepaid expenses and other current assets | $8.8M | $12.2M | |
| Total current assets | $140.2M | $172.2M | |
| Property and equipment, net | $13.2M | $24.2M | |
| Intangible assets, net | $100.0M | $189.7M | |
| Goodwill | $73.1M | $73.1M | |
| Operating lease right-of-use assets | $17.9M | $27.7M | |
| Other non-current assets | $15.9M | $8.1M | |
| Total non-current assets | $220.1M | $322.8M | |
| Total assets | $360.3M | $495.1M | |
| Accounts payable | $13.1M | $69.6M | |
| Accrued expenses and other current liabilities | $30.8M | $41.7M | |
| Deferred revenue | $1.6M | $1.8M | |
| Current portion of long-term debt | $1.8M | $8.6M | |
| Total current liabilities | $47.4M | $121.7M | |
| Long-term debt, net | $240.3M | $142.1M | |
| Deferred tax liability | $6.7M | $6.8M | |
| Operating lease liabilities | $13.9M | $22.1M | |
| Other non-current liabilities | $677.0K | $9.1M | |
| Total non-current liabilities | $261.6M | $180.0M | |
| Additional paid-in capital | $377.3M | $363.7M | |
| Retained earnings (accumulated deficit) | -$330.0M | -$228.8M | |
| Accumulated other comprehensive income (loss) | -$274.0K | -$434.0K | |
| Treasury stock, 32,836 and 4,138 shares owned as December 31, 2025 and 2024, respectively | -$1.1M | -$733.0K | |
| Equity attributable to Solo Brands, Inc. | $46.0M | $133.7M | |
| Equity attributable to noncontrolling interests | $5.4M | $59.6M | |
| Total equity | $51.4M | $193.4M | $372.3M |
| Total liabilities and equity | $360.3M | $495.1M | |
| Allowance for credit losses | $1.1M |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $20.0M | $12.0M | |
| Accounts receivable, net of allowance for credit losses of $1.1 million as of December 31, 2025 and 2024 | $29.8M | $39.4M | |
| Inventory | $81.6M | $108.6M | |
| Prepaid expenses and other current assets | $8.8M | $12.2M | |
| Total current assets | $140.2M | $172.2M | |
| Property and equipment, net | $13.2M | $24.2M | |
| Intangible assets, net | $100.0M | $189.7M | |
| Goodwill | $73.1M | $73.1M | |
| Operating lease right-of-use assets | $17.9M | $27.7M | |
| Other non-current assets | $15.9M | $8.1M | |
| Total non-current assets | $220.1M | $322.8M | |
| Total assets | $360.3M | $495.1M | |
| Accounts payable | $13.1M | $69.6M | |
| Accrued expenses and other current liabilities | $30.8M | $41.7M | |
| Deferred revenue | $1.6M | $1.8M | |
| Current portion of long-term debt | $1.8M | $8.6M | |
| Total current liabilities | $47.4M | $121.7M | |
| Long-term debt, net | $240.3M | $142.1M | |
| Deferred tax liability | $6.7M | $6.8M | |
| Operating lease liabilities | $13.9M | $22.1M | |
| Other non-current liabilities | $677.0K | $9.1M | |
| Total non-current liabilities | $261.6M | $180.0M | |
| Additional paid-in capital | $377.3M | $363.7M | |
| Retained earnings (accumulated deficit) | -$330.0M | -$228.8M | |
| Accumulated other comprehensive income (loss) | -$274.0K | -$434.0K | |
| Treasury stock, 32,836 and 4,138 shares owned as December 31, 2025 and 2024, respectively | -$1.1M | -$733.0K | |
| Equity attributable to Solo Brands, Inc. | $46.0M | $133.7M | |
| Equity attributable to noncontrolling interests | $5.4M | $59.6M | |
| Total equity | $51.4M | $193.4M | $372.3M |
| Total liabilities and equity | $360.3M | $495.1M | |
| Allowance for credit losses | $1.1M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income (loss) | -$145.4M | -$180.2M |
| Restructuring, contract termination and impairment charges | $74.0M | $136.1M |
| Depreciation and amortization expenses | $28.5M | $26.6M |
| PIK Interest | $13.1M | $0 |
| Noncash operating lease expense | $7.5M | $8.5M |
| Amortization of debt issuance costs | $3.5M | $860.0K |
| Equity-based compensation, net | $3.0M | $6.8M |
| Loss on disposition of TerraFlame manufacturing operations | $1.5M | $0 |
| Loss (gain) on disposal of property and equipment | $1.0M | $0 |
| Other | $234.0K | $922.0K |
| Inventory charges associated with restructuring and consolidation activities | $0 | $18.3M |
| Prepaid marketing charges | $0 | $1.9M |
| Change in fair value of contingent consideration | -$787.0K | $4.4M |
| Deferred income taxes | -$57.0K | -$11.7M |
| Accounts receivable | $8.5M | $3.2M |
| Inventory | $27.4M | -$14.7M |
| Prepaid expenses and other current assets | $3.5M | $343.0K |
| Accrued expenses and other current liabilities | -$10.0M | -$14.1M |
| Accounts payable | -$55.9M | $38.1M |
| Deferred revenue | -$190.0K | -$3.5M |
| Operating lease liabilities | -$6.0M | -$8.6M |
| Other non-current assets and liabilities | -$148.0K | $176.0K |
| Payments of contingent consideration | $0 | -$3.0M |
| Net cash provided by (used in) operating activities | -$46.6M | $10.5M |
| Capital expenditures | -$12.0M | -$14.5M |
| Net cash provided by (used in) investing activities | -$12.0M | -$14.5M |
| Proceeds from revolving credit facilities and term loans | $287.3M | $80.0M |
| Repayments of revolving credit facilities and term loans | -$199.3M | -$79.2M |
| Debt issuance costs paid | -$18.5M | -$167.0K |
| Finance lease liability principal paid | -$94.0K | -$144.0K |
| Net consideration paid to Former Sellers of TerraFlame | -$2.5M | $0 |
| Distributions to non-controlling interests | $0 | -$4.3M |
| Surrender of stock to settle taxes on restricted awards | -$359.0K | -$207.0K |
| Stock issued under employee stock purchase plan | $0 | $395.0K |
| Net cash provided by (used in) financing activities | $66.5M | -$3.7M |
| Effect of exchange rate changes on cash | $160.0K | -$210.0K |
| Net change in cash and cash equivalents | $8.1M | -$7.9M |
| Cash interest paid, net of amounts capitalized | $12.1M | $13.5M |
| Federal | $511.0K | $2.0M |
| State Subtotal | -$177.0K | $1.5M |
| Foreign Subtotal | $705.0K | $859.0K |
| Total cash income taxes paid (net of refunds) | $1.0M | $4.3M |
| Construction in progress in accounts payable | $0 | $268.0K |
| Non-cash issuance | $750.0K | $0 |
No quarter-by-quarter statement was filed.
Leadership
Who has led Solo Brands, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerJohn P. Larson Mar 13, 2025 to now13
- Chief executive officerChristopher T. Metz Jan 19, 2024 to Jan 28, 202514
- Chief executive officerJohn Merris Nov 3, 2021 to Jan 4, 202415
- PresidentJohn P. Larson Mar 13, 2025 to now13
- PresidentChristopher T. Metz Jan 19, 2024 to Jan 28, 202514
- PresidentJohn Merris Nov 3, 2021 to Jan 4, 202415
- Chief financial officerLaura A. Coffey Feb 7, 2024 to now16
- Chief financial officerSomer Webb May 18, 2022 to Nov 13, 202317
- Chief financial officerSamuel Morin Simmons Oct 28, 2021 to Apr 19, 202218
- Chief operating officerMatthew Scott Webb Oct 28, 2021 to Nov 21, 202219
Board members and other officers (19)
- Chief Accounting OfficerPaul Seeds May 5, 2026 to now20
- Interim CMOElisabeth Vanzura Mar 14, 2025 to now21
- Chief Accounting OfficerDavid Francis McGuire Mar 11, 2024 to now22
- OfficerJohn Merris Oct 28, 2021 to Oct 28, 202123
- Chief Strategy OfficerKyle G. Hency Oct 28, 2021 to Nov 5, 202124
- Chief People OfficerMichael Lee Studdard Oct 28, 2021 to Nov 5, 202125
- Chief Digital OfficerThomas Greene Montgomery Oct 28, 2021 to Nov 21, 202226
- Chief Product OfficerWilliam R. Castillo Oct 28, 2021 to Nov 5, 202127
- Board memberElisabeth Vanzura Jan 24, 2025 to now28
- Board memberPeter Laurinaitis Mar 12, 2025 to Mar 12, 202529
- Board memberChristopher T. Metz Jan 19, 2024 to Jan 28, 202514
- Board memberJohn P. Larson Dec 6, 2024 to now30
- Board memberMichael C. Dennison May 18, 2022 to now31
- Board memberAndrea K. Tarbox Oct 28, 2021 to now32
- Board memberJohn Merris Oct 28, 2021 to Jan 4, 202423
- Board memberJulia M. Brown Oct 28, 2021 to Nov 12, 202433
- Board memberMatthew Philip Guy-Hamilton Oct 28, 2021 to Oct 28, 202134
- Board memberPaul Furer Oct 28, 2021 to Oct 28, 202135
- General counselChristopher Blevins Jul 9, 2025 to now36
Timeline
Filings
307 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 58 major events, 175 insider forms, 17 large holders, 36 other. The latest 20:
- Oct 5, 20264 EDGAR
- Sep 29, 20264 EDGAR
- Sep 29, 20264 EDGAR
- Sep 25, 20264 EDGAR
- Aug 25, 2026SCHEDULE 13G/A EDGAR
- Aug 25, 2026SCHEDULE 13G EDGAR
- Aug 13, 202610-Q EDGAR
- Aug 13, 20268-K EDGAR
- Jul 8, 202625-NSE EDGAR
- Jul 6, 20264 EDGAR
- Jun 25, 20264 EDGAR
- Jun 22, 2026S-8 EDGAR
- May 27, 20268-K EDGAR
- May 14, 202610-Q EDGAR
- May 14, 20268-K EDGAR
- May 5, 20263 EDGAR
- Apr 24, 2026SCHEDULE 13G/A EDGAR
- Apr 10, 2026DEFA14A EDGAR
- Apr 10, 2026DEF 14A EDGAR
- Apr 6, 20268-K EDGAR
The 307 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
30 open-market trades by officers, directors and large owners since October 2021: 25 buys and 5 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Mar 31, 2026 | Larson John P.President and CEO | Buy | 2,559 | $3.91 | $10.0K | Form 4 |
| Mar 30, 2026 | Vanzura ElisabethCMO | Buy | 1,500 | $3.77 | $5.7K | Form 4 |
| Mar 30, 2026 | Larson John P.President and CEO | Buy | 4,073 | $3.68 | $15.0K | Form 4 |
| Mar 30, 2026 | Tarbox Andrea KDirector | Buy | 2,211 | $4.07 | $9.0K | Form 4 |
| Aug 12, 2024 | METZ CHRISTOPHER TPresident & CEO | Buy | 134,826 | $1.30 | $175.3K | Form 4 |
| Aug 9, 2024 | METZ CHRISTOPHER TPresident & CEO | Buy | 115,174 | $1.30 | $149.7K | Form 4 |
| Jun 13, 2024 | METZ CHRISTOPHER TPresident & CEO | Buy | 49,310 | $1.97 | $97.1K | Form 4 |
| Jun 12, 2024 | METZ CHRISTOPHER TPresident & CEO | Buy | 48,324 | $1.98 | $95.7K | Form 4 |
| Jun 11, 2024 | METZ CHRISTOPHER TPresident & CEO | Buy | 52,366 | $1.94 | $101.6K | Form 4 |
| Mar 15, 2024 | METZ CHRISTOPHER TPresident & CEO | Buy | 100,000 | $2.27 | $227.0K | Form 4 |
| Nov 9, 2023 | Webb SomerChief Financial Officer | Sale | 115,537 | $4.35 | $502.6K | Form 4 |
| May 16, 2023 | BERTRAM GROWTH CAPITAL III-A, L.P.10% owner | Sale | 2,147,748 | $5.00 | $10.7M | Form 4 |
| May 16, 2023 | BERTRAM GROWTH CAPITAL III, L.P.10% owner | Sale | 4,903,450 | $5.00 | $24.5M | Form 4 |
| May 16, 2023 | BERTRAM GROWTH CAPITAL III ANNEX FUND, L.P.10% owner | Sale | 3,603,064 | $5.00 | $18.0M | Form 4 |
| May 16, 2023 | NB Alternatives Advisers LLC10% owner | Sale | 6,255,595 | $5.00 | $31.3M | Form 4 |
| Mar 15, 2023 | Powers DavidDirector | Buy | 15,500 | $6.49 | $100.6K | Form 4 |
| Dec 16, 2022 | Merris JohnPresident & CEO | Buy | 5,533 | $3.82 | $21.2K | Form 4 |
| Sep 1, 2022 | Webb SomerChief Financial Officer | Buy | 45,000 | $4.10 | $184.5K | Form 4 |
| Jun 16, 2022 | Merris JohnPresident & CEO | Buy | 1,579 | $3.80 | $6.0K | Form 4 |
| Jun 2, 2022 | Merris JohnPresident & CEO | Buy | 904 | $5.53 | $5.0K | Form 4 |
All 30 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Charitable Endowment Program VanguardSCHEDULE 13G/A, 2 filings Aug 25, 202637
- Arbour Lane - Hiwassee, L.P.SCHEDULE 13G/A, 2 filings Jun 23, 2025 to Apr 24, 202638
- AMERICAN CENTURY INVESTMENT MANAGEMENT INCSCHEDULE 13G/A, 5 filings Feb 8, 2023 to Apr 7, 202539
- NB Alternatives Advisers LLCSC 13G/A, 2 filings Feb 14, 2022 to May 22, 202340
- BERTRAM GROWTH CAPITAL III (GPLLC), L.L.C.SC 13G/A, 2 filings Feb 9, 2022 to May 17, 202341
- Ophir Asset Management Pty LtdSC 13G/A, 2 filings Feb 14, 2022 to Mar 14, 202342
- Jan Brothers Holdings, Inc.SC 13G, 1 filing Feb 22, 202243
- SUMMIT PARTNERS L PSC 13G, 1 filing Feb 9, 202244
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Barclays PLC | 38,297 | $132.5K | 0.0% | No change |
| Wealth Architects, LLC | 18,602 | $64.4K | 0.0% | −1 |
| EverSource Wealth Advisors, LLC | 9 | $31 | 0.0% | −2 |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 15SEC EDGARJohn Merris, Chief executive officer
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- 17SEC EDGARSomer Webb, Chief financial officer
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- 20SEC EDGARPaul Seeds, Chief Accounting Officer
- 21SEC EDGARElisabeth Vanzura, Interim CMO
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- 23SEC EDGARJohn Merris, Officer
- 24
- 25
- 26
- 27
- 28SEC EDGARElisabeth Vanzura, Board member
- 29SEC EDGARPeter Laurinaitis, Board member
- 30SEC EDGARJohn P. Larson, Board member
- 31SEC EDGARMichael C. Dennison, Board member
- 32SEC EDGARAndrea K. Tarbox, Board member
- 33SEC EDGARJulia M. Brown, Board member
- 34
- 35SEC EDGARPaul Furer, Board member
- 36SEC EDGARChristopher Blevins, General counsel
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