Solo Brands (SBDS) Gross Margin (2021 - 2025)
Solo Brands (SBDS) posted Gross Margin of 60.65% for Q4 2025, up 1.01% sequentially from 60.04% in Q3 2025, and down 50.0% YoY from 121.3% in Q4 2024.
Solo Brands (SBDS) Gross Margin (2021 - 2025) Analysis & Trends
Solo Brands has reported Gross Margin for 5 years, with the latest figure at 60.65% in Q4 2025.
- Quarterly Gross Margin fell 50.0% year-over-year to 60.65% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 59.41% (up 215.0% YoY) and the FY2025 annual result came in at 59.41%, up 215.0% from the prior year.
- Gross Margin climbed to 60.65% in Q4 2025 per SBDS's latest filing, from 60.04% in the prior quarter.
- Over five years, Gross Margin peaked at 67.27% in Q2 2021 and troughed at 41.77% in Q3 2024.
- A 5-year average of 60.53% and a median of 61.25% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin slumped 2010 bps in 2024, then soared 1828 bps in 2025.
- Over 5 years, Gross Margin stood at 63.31% in 2021, then dropped by 6 bps to 59.81% in 2022, then decreased by 2 bps to 58.32% in 2023, then advanced by 5 bps to 61.14% in 2024, then dropped by 1 bps to 60.65% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 60.65%, 60.04%, and 61.35% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,927.23 Bn | 2,804.24 Bn | 198.88 Bn | 52.05% |
| 2 | PDD Holdings | 505.53 Bn | 445.99 Bn | 9.83 Bn | 55.49% |
| 3 | Mercadolibre | 97.91 Bn | 82.71 Bn | 4.16 Bn | 40.90% |
| 4 | DoorDash | 93.36 Bn | 88.01 Bn | 2.35 Bn | 52.69% |
| 5 | JD.com | 87.12 Bn | 57.94 Bn | 7.66 Bn | 16.73% |
| 6 | Sea | 78.15 Bn | 69.63 Bn | 3.15 Bn | 44.32% |
| 7 | Ebay | 47.32 Bn | 44.01 Bn | 2.30 Bn | 73.45% |
| 8 | Coupang | 29.67 Bn | 23.56 Bn | 2.49 Bn | 28.16% |
| 9 | Zkh | 16.19 Bn | 16.19 Bn | 51.11 Mn | 16.68% |
| 10 | Solo Brands | 5.64 Mn | -14.39 Mn | 57.03 Mn | 60.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 60.65% |
| Sep 30, 2025 | 60.04% |
| Jun 30, 2025 | 61.35% |
| Mar 31, 2025 | 55.15% |
| Dec 31, 2024 | 61.14% |
| Sep 30, 2024 | 41.77% |
| Jun 30, 2024 | 62.82% |
| Mar 31, 2024 | 59.24% |
| Dec 31, 2023 | 58.32% |
| Sep 30, 2023 | 61.87% |
| Jun 30, 2023 | 63.45% |
| Mar 31, 2023 | 61.68% |
| Dec 31, 2022 | 59.81% |
| Sep 30, 2022 | 63.31% |
| Jun 30, 2022 | 63.72% |
| Mar 31, 2022 | 59.43% |
| Dec 31, 2021 | 63.31% |
| Sep 30, 2021 | 59.08% |
| Jun 30, 2021 | 67.27% |
| Mar 31, 2021 | 67.27% |