Solo Brands (SBDS) Net Margin (2021 - 2025)
Solo Brands (SBDS) posted Net Margin of 64.48% for Q4 2025, down 127.61% sequentially from 28.33% in Q3 2025, and down 3872.0% YoY from 1.71% in Q4 2024.
Solo Brands (SBDS) Net Margin (2021 - 2025) Analysis & Trends
Solo Brands has reported Net Margin for 5 years, with the latest figure at 64.48% in Q4 2025.
- Quarterly Net Margin fell 3872.0% year-over-year to 64.48% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 32.0% (down 707.0% YoY) and the FY2025 annual result came in at 32.0%, down 707.0% from the prior year.
- Net Margin slipped to 64.48% in Q4 2025 per SBDS's latest filing, from 28.33% in the prior quarter.
- Over five years, Net Margin peaked at 32.19% in Q1 2021 and troughed at 74.9% in Q4 2023.
- A 5-year average of 12.22% and a median of 3.15% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2024: Net Margin slumped 8065 bps in 2023, then surged 4914 bps in 2024.
- Over 5 years, Net Margin stood at 7.03% in 2021, then slipped by 18 bps to 5.75% in 2022, then sank by 1404 bps to 74.9% in 2023, then soared by 66 bps to 25.76% in 2024, then plunged by 150 bps to 64.48% in 2025.
- According to Business Quant data, Net Margin over the past three periods registered 64.48%, 28.33%, and 14.6% for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,934.50 Bn | 2,811.51 Bn | 198.88 Bn | 24.31% |
| 2 | PDD Holdings | 507.07 Bn | 447.53 Bn | 9.83 Bn | 19.81% |
| 3 | Mercadolibre | 97.53 Bn | 82.34 Bn | 4.16 Bn | 4.58% |
| 4 | DoorDash | 93.15 Bn | 87.80 Bn | 2.35 Bn | 4.47% |
| 5 | JD.com | 87.38 Bn | 58.20 Bn | 7.66 Bn | 1.62% |
| 6 | Sea | 78.04 Bn | 69.52 Bn | 3.15 Bn | 12.24% |
| 7 | Ebay | 47.73 Bn | 44.42 Bn | 2.30 Bn | -0.06% |
| 8 | Coupang | 29.85 Bn | 23.74 Bn | 2.49 Bn | -6.44% |
| 9 | Zkh | 16.25 Bn | 16.25 Bn | 51.11 Mn | 0.00% |
| 10 | Solo Brands | 5.64 Mn | -14.39 Mn | 57.03 Mn | -64.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -64.48% |
| Sep 30, 2025 | -28.33% |
| Jun 30, 2025 | -14.60% |
| Mar 31, 2025 | -15.78% |
| Dec 31, 2024 | -25.76% |
| Sep 30, 2024 | -74.21% |
| Jun 30, 2024 | -2.36% |
| Mar 31, 2024 | -3.99% |
| Dec 31, 2023 | -74.90% |
| Sep 30, 2023 | 3.74% |
| Jun 30, 2023 | 5.67% |
| Mar 31, 2023 | 1.05% |
| Dec 31, 2022 | 5.75% |
| Sep 30, 2022 | -2.16% |
| Jun 30, 2022 | -14.62% |
| Mar 31, 2022 | -3.94% |
| Dec 31, 2021 | 7.03% |
| Sep 30, 2021 | 3.05% |
| Jun 30, 2021 | 22.23% |
| Mar 31, 2021 | 32.19% |