Solo Brands (SBDS) Operating Income (2021 - 2025)
Solo Brands (SBDS) posted Operating Income of -$76.8 million for Q4 2025, down 374.92% sequentially from -$16.2 million in Q3 2025, and down 39.13% YoY from -$126.2 million in Q4 2024.
Solo Brands (SBDS) Operating Income (2021 - 2025) Analysis & Trends
Solo Brands has reported Operating Income for 5 years, with the latest figure at -$76.8 million in Q4 2025.
- Quarterly Operating Income fell 39.13% year-over-year to -$76.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$113.5 million (up 35.01% YoY) and the FY2025 annual result came in at -$113.5 million, up 35.01% from the prior year.
- Operating Income eased to -$76.8 million in Q4 2025 per SBDS's latest filing, from -$16.2 million in the prior quarter.
- Over five years, Operating Income peaked at $26.8 million in Q4 2022 and troughed at -$240.8 million in Q4 2023.
- A 5-year average of -$22.3 million and a median of -$3.3 million in 2022 frame the typical range for Operating Income.
- The sharpest annual moves came in 2023 and 2024: Operating Income jumped 199.13% in 2023, then plunged 8600.83% in 2024.
- Over 5 years, Operating Income stood at $17.3 million in 2021, then surged by 55.02% to $26.8 million in 2022, then slumped by 997.9% to -$240.8 million in 2023, then jumped by 77.07% to -$55.2 million in 2024, then tumbled by 39.13% to -$76.8 million in 2025.
- According to Business Quant data, Operating Income over the past three periods registered -$76.8 million, -$16.2 million, and -$9.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,937.24 Bn | 2,814.26 Bn | 198.88 Bn | 51.31 Bn |
| 2 | PDD Holdings | 507.38 Bn | 447.83 Bn | 9.83 Bn | 3.96 Bn |
| 3 | Mercadolibre | 97.62 Bn | 82.42 Bn | 4.16 Bn | 683.00 Mn |
| 4 | DoorDash | 93.09 Bn | 87.74 Bn | 2.35 Bn | 156.00 Mn |
| 5 | JD.com | 87.42 Bn | 58.24 Bn | 7.66 Bn | 552.00 Mn |
| 6 | Sea | 78.05 Bn | 69.53 Bn | 3.15 Bn | 5.70 Bn |
| 7 | Ebay | 47.72 Bn | 44.41 Bn | 2.30 Bn | 676.00 Mn |
| 8 | Coupang | 29.89 Bn | 23.78 Bn | 2.49 Bn | -556.00 Mn |
| 9 | Zkh | 16.25 Bn | 16.25 Bn | 51.11 Mn | -3.26 Mn |
| 10 | Solo Brands | 5.64 Mn | -14.39 Mn | 57.03 Mn | -76.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -76.83 Mn |
| Sep 30, 2025 | -16.18 Mn |
| Jun 30, 2025 | -9.84 Mn |
| Mar 31, 2025 | -10.64 Mn |
| Dec 31, 2024 | -55.22 Mn |
| Sep 30, 2024 | -115.29 Mn |
| Jun 30, 2024 | 2.24 Mn |
| Mar 31, 2024 | -6.35 Mn |
| Dec 31, 2023 | -240.79 Mn |
| Sep 30, 2023 | -1.33 Mn |
| Jun 30, 2023 | 11.07 Mn |
| Mar 31, 2023 | 3.20 Mn |
| Dec 31, 2022 | 26.82 Mn |
| Sep 30, 2022 | -3.29 Mn |
| Jun 30, 2022 | -19.94 Mn |
| Mar 31, 2022 | -3.23 Mn |
| Dec 31, 2021 | 17.30 Mn |
| Sep 30, 2021 | 4.31 Mn |
| Jun 30, 2021 | 23.24 Mn |
| Mar 31, 2021 | 24.02 Mn |