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Solo Brands reports narrowed Q2 net loss and international expansion
Solo Brands, Inc., the premium outdoor lifestyle company behind Solo Stove, Chubbies, and Watersports brands, reported its fiscal 2026 second-quarter financial results, showing a narrowed net loss of $4.4 million. While net sales of $88.5 million represented a 4.1% decrease compared to the same period last year, the company noted that results improved meaningfully from the first quarter.
The decline in sales was primarily attributed to softening direct-to-consumer demand in June as consumers became more selective with discretionary spending. This was partially offset by growth in international sales and retail channel sales within the Watersports segment. The company also reported positive adjusted EBITDA of $13.5 million, or 15.3% of revenue, and the full repayment of its revolver facility.
CEO John Larson stated that the company is focused on building a leaner, more disciplined organization. To support long-term growth, Solo Brands has entered new distribution agreements across Europe, the UK, and parts of the APAC region, while also strengthening its leadership team in sales and digital sectors.