Solo Brands (SBDS) Operating Margin (2021 - 2025)

Solo Brands' (SBDS) quarterly Operating Margin came in at 81.7% in Q4 2025, down 4323.0% year-on-year from 1.93% in Q4 2024, and down 167.87% quarter-over-quarter from 30.5% in Q3 2025.

Solo Brands (SBDS) Operating Margin (2021 - 2025) Analysis & Trends

Solo Brands has disclosed Operating Margin across 5 years of filings, most recently posting 81.7% for Q4 2025.

  • Operating Margin for Q4 2025 came in at 81.7%, down 4323.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 35.85% (up 257.0% YoY), and the FY2025 annual result was 35.85%, up 257.0% from the prior year.
  • Operating Margin came in at 81.7% for Q4 2025 at Solo Brands, down from 30.5% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 34.77% in Q1 2021 to a low of 145.65% in Q4 2023.
  • The 5-year median for Operating Margin is 3.57% (2022), against an average of 18.47%.
  • Across the five-year window, Operating Margin plunged 15925 bps in 2023 and soared 10718 bps in 2024, its largest moves.
  • Solo Brands' Operating Margin stood at 9.8% in 2021, then jumped by 39 bps to 13.6% in 2022, then sank by 1171 bps to 145.65% in 2023, then surged by 74 bps to 38.47% in 2024, then sank by 112 bps to 81.7% in 2025.
  • The last three Operating Margin figures came in at 81.7% (Q4 2025), 30.5% (Q3 2025), and 10.66% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Amazon Com 2,624.51 Bn 2,481.43 Bn 171.21 Bn 13.14%
2 Mercadolibre 83.29 Bn 77.64 Bn 3.86 Bn 6.91%
3 DoorDash 67.87 Bn 63.01 Bn 2.04 Bn 3.74%
4 PDD Holdings 64.68 Bn 40.01 Bn 12.81 Bn 22.37%
5 Ebay 48.60 Bn 44.74 Bn 2.29 Bn 19.78%
6 Coupang 29.01 Bn 28.92 Bn 2.30 Bn -2.85%
7 Zkh 16.33 Bn 16.33 Bn 285.30 Mn -1.06%
8 Maplebear 10.11 Bn 9.42 Bn 738.00 Mn 17.86%
9 Wayfair 9.36 Bn 8.30 Bn 880.00 Mn -0.38%
10 Solo Brands - - 57.03 Mn -81.70%

Historic Data

Download Data
DateValue
Dec 31, 2025 -81.70%
Sep 30, 2025 -30.50%
Jun 30, 2025 -10.66%
Mar 31, 2025 -13.78%
Dec 31, 2024 -38.47%
Sep 30, 2024 -122.46%
Jun 30, 2024 1.70%
Mar 31, 2024 -7.44%
Dec 31, 2023 -145.65%
Sep 30, 2023 -1.20%
Jun 30, 2023 8.45%
Mar 31, 2023 3.63%
Dec 31, 2022 13.60%
Sep 30, 2022 -3.22%
Jun 30, 2022 -14.66%
Mar 31, 2022 -3.92%
Dec 31, 2021 9.80%
Sep 30, 2021 6.21%
Jun 30, 2021 26.19%
Mar 31, 2021 34.77%