Earnings Releases·Nov 12, 2026, 7:35 AM ET

Solo Brands, Inc. — Fiscal 2026 Third Quarter Earnings Summary

Consolidated net sales declined 17.6% year-over-year to $43.7 million for Q3 and 12.4% to $195.1 million for the nine months, driven by retail channel softness and lower unit volumes, while operating expenses fell 12.3% in Q3 and 22.9% for the nine months.
Full-year 2026 guidance was lowered to $270–$290 million in net sales and $21–$25 million in adjusted EBITDA, though Q3 adjusted EBITDA improved to a loss of $2.1 million from $5.1 million in the prior year.
Segment profitability showed mixed results with Solo Stove and Chubbies reporting sales declines, while the Watersports segment grew 32.4% over nine months; the company generated $26.0 million in operating cash flow for the nine months and reduced inventory to $59.2 million.
The company faces significant debt obligations of $264.4 million under the 2025 Term Loan and ongoing restructuring charges, though management cites improved liquidity, a leaner inventory position, and new product momentum entering the holiday season.