Company: CODI-PB
Filing Date: 2025-12-08
Form Type: 10-K/A
Source: 0001345126-25-000078
Chunk: 157

Company: Compass Diversified Holdings
Filing Date: 2025-12-08
Form: 10-K/A
Chunk 157
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                       | 190,811 |     | 100.0 | % |     | $ | 155,825 |     | 100.0 | % |     | $ | 208,688 |     | 100.0 | % |
| Gross profit                                |                | $                       | 119,218 |     |  62.5 | % |     | $ |  93,038 |     |  59.7 | % |     | $ | 126,768 |     |  60.7 | % |
| Selling, general and administrative expense |                | $                       |  55,273 |     |  29.0 | % |     | $ |  49,023 |     |  31.5 | % |     | $ |  52,268 |     |  25.0 | % |
| Segment operating income                    |                | $                       |  47,166 |     |  24.7 | % |     | $ |  27,291 |     |  17.5 | % |     | $ |  57,810 |     |  27.7 | % |

<div align='center'>Year ended December 31, 2024 compared to the Year ended December 31, 2023</div>

Net sales

Net sales for the year ended December 31, 2024 were $190.8 million, an increase of $35.0 million or 22.5% when compared to net sales of $155.8 million for the year ended December 31, 2023 . The increase was reflected across key industries including Cycling, Athletic, Workwear, Outdoor and Snow Sports. The increase in sales was a result of the improvement of end market inventory levels, coupled with market share gains in many of our key industries.

Gross profit

Gross profit was $119.2 million for the year ended December 31, 2024 as compared to $93.0 million for the year ended December 31, 2023. Gross profit as a percentage of net sales was 62.5% for the year ended December 31,

<div align='center'>97</div>

2024 compared to 59.7% for the same period in 2023. The increase in gross profit as a percentage of net sales was driven by manufacturing overhead leverage as well as product mix.

Selling, general and administrative expense