--- title: "Solo Brands reports Q1 2026 revenue of $62.9M, adjusted EBITDA $1.6M; reaffirms 2026 guidance" type: "News" locale: "en" url: "https://longbridge.com/en/news/286407821.md" description: "Solo Brands reported Q1 2026 revenue of $62.9 million, down 18.6% from the previous year, with an adjusted EBITDA of $1.6 million. The net loss narrowed to $5.5 million. The company reaffirmed its full-year guidance of $280–310 million in net sales and $24–30 million in adjusted EBITDA. Key highlights include a 29.3% reduction in operating expenses and the launch of new products. Cash and equivalents stood at $16.5 million, with total borrowings of $258.9 million as of March 31, 2026." datetime: "2026-05-14T11:23:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286407821.md) - [en](https://longbridge.com/en/news/286407821.md) - [zh-HK](https://longbridge.com/zh-HK/news/286407821.md) generator: "portal-rs" --- # Solo Brands reports Q1 2026 revenue of $62.9M, adjusted EBITDA $1.6M; reaffirms 2026 guidance Solo Brands reported first-quarter 2026 net sales of $62.9 million and an adjusted EBITDA of $1.6 million, while net loss attributable to the company narrowed to $5.5 million. The company recorded gross profit of $32.9 million (52.3% margin) and reaffirmed full-year 2026 guidance of $280–310 million in net sales and $24–30 million in adjusted EBITDA. Management cited cost reductions, product launches and improving sales trends exiting the quarter. **Financial Highlights** - Revenue (Net sales): $62.9 million for the three months ended March 31, 2026, down 18.6% from $77.3 million a year ago. - Gross profit: $32.9 million, representing a 52.3% gross margin (Adjusted gross profit $33.1 million; adjusted margin 52.7%). - Operating loss (Income from operations): $(4.7) million for Q1 2026. - Net loss attributable to Solo Brands: $(5.5) million, or $(2.18) diluted loss per Class A share; Adjusted net loss attributable to Solo Brands: $(7.5) million, or $(2.98) adjusted diluted loss per Class A share. - Adjusted EBITDA: $1.6 million (2.5% of net sales); company reaffirmed full-year 2026 guidance of $24–30 million adjusted EBITDA and $280–310 million in net sales. **Business Highlights** - Segment performance: Solo Stove net sales declined 38.7% to $16.0 million, driven by lower unit volumes and focus on pricing/promotional discipline in DTC and softness in retail; Solo Stove segment EBITDA was $(1.7) million. - Chubbies segment: Net sales decreased 14.1% to $36.7 million with segment EBITDA of $7.3 million (20.0% of segment net sales), down from $11.3 million the prior year. - Operational cost actions: Company reduced operating expenses by 29.3% year-over-year and reported lower employee compensation and marketing spend, reflecting payroll reductions and efficiency measures. - Product and retail initiatives: Launched four new Solo Stove products in March and introduced new watersports products at Costco, with management noting positive year-over-year sales growth in April and early May. - Liquidity and capital structure: Cash and cash equivalents were $16.5 million at March 31, 2026; outstanding borrowings totaled $258.9 million under the 2025 Term Loan and $15.0 million under the 2025 Revolving Credit Facility, with $63.6 million availability for future draws (net of letters of credit) as of March 31, 2026. Original SEC Filing: Solo Brands, Inc. \[ SBDS \] - 8-K - May. 14, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [SBDS.US](https://longbridge.com/en/quote/SBDS.US.md) - [DTC.US](https://longbridge.com/en/quote/DTC.US.md) - [DTCB.US](https://longbridge.com/en/quote/DTCB.US.md) - [DTCBD.US](https://longbridge.com/en/quote/DTCBD.US.md) ## Related News & Research - [Mechanics Bancorp declares Q3 2026 cash dividend; Class A $0.25, Class B $2.50](https://longbridge.com/en/news/296471012.md) - [RISK: ARR up 8% and churn at 0%, but extraordinary IT costs drove negative EBITDA in Q2 2026](https://longbridge.com/en/news/296323557.md) - [Dividend 15 Split declares monthly distribution of $0.10 per Class A share and $0.06 per preferred share](https://longbridge.com/en/news/296360173.md) - [ZTO Express Q2 2026 Earnings Preview](https://longbridge.com/en/news/296149351.md) - [INVEST: Revenue and profit dropped sharply in H1 2026, with 2026 outlook remaining subdued](https://longbridge.com/en/news/296439091.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**