📊 BIRD Key Takeaways
Investment Thesis
Allbirds faces severe financial distress with accelerating revenue decline of 25.3% YoY, negative operating cash flow of -51.8M, and massive operating losses of -59.2M. The company is burning cash at an unsustainable rate with negative free cash flow of -54.1M, creating an existential threat to viability despite adequate near-term liquidity and reasonable leverage ratios.
BIRD Strengths
- Healthy gross margin of 42.7% demonstrates underlying product profitability and pricing power
- Current ratio of 2.37x and quick ratio of 1.10x provide near-term liquidity cushion with 23.7M in cash
- Conservative debt-to-equity ratio of 0.24x limits financial leverage risk
BIRD Risks
- Severe revenue contraction of 25.3% YoY indicates loss of market demand and competitive position deterioration
- Massive operating losses of -59.2M and negative operating cash flow of -51.8M signal core business model failure
- Negative free cash flow of -54.1M with -51.6% FCF margin means company is depleting cash reserves at unsustainable rate, limiting runway
- Net loss of -57.7M and ROE of -111.1% demonstrate shareholder value destruction with no clear path to profitability
Key Metrics to Watch
- Revenue stabilization and return to growth trajectory
- Operating cash flow improvement and path to positive FCF
- Gross margin sustainability as company navigates revenue decline
- Operating expense reduction and timeline to EBITDA positivity
- Cash burn rate and estimated runway given current cash balances
BIRD Financial Metrics
💡 AI Analyst Insight
Strong liquidity with a 2.37x current ratio provides a solid financial cushion.
BIRD Profitability Ratios
BIRD vs Default Sector
How Allbirds, Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BIRD Balance Sheet & Liquidity
BIRD 5-Year Financial Trend
5-Year Trend Summary: Allbirds, Inc.'s revenue has remained relatively flat over the 5-year period, with a 8% decline. The most recent EPS of $-20.10 indicates the company is currently unprofitable.
BIRD Growth Metrics (YoY)
BIRD Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $33.0M | -$20.3M | $-2.49 |
| Q2 2025 | $39.7M | -$15.5M | $-1.92 |
| Q1 2025 | $32.1M | -$21.9M | $-2.73 |
| Q3 2024 | $43.0M | -$21.2M | $-2.68 |
| Q2 2024 | $51.6M | -$19.1M | $-0.12 |
| Q1 2024 | $39.3M | -$27.3M | $-0.18 |
| Q3 2023 | $57.2M | -$25.2M | $-0.17 |
| Q2 2023 | $70.5M | -$28.9M | $-0.19 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BIRD Capital Allocation
BIRD SEC Filings
Access official SEC EDGAR filings for Allbirds, Inc. (CIK: 0001653909)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BIRD
What is the AI rating for BIRD?
Allbirds, Inc. (BIRD) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BIRD's key strengths?
Healthy gross margin of 42.7% demonstrates underlying product profitability and pricing power. Current ratio of 2.37x and quick ratio of 1.10x provide near-term liquidity cushion with 23.7M in cash.
What are the risks of investing in BIRD?
Severe revenue contraction of 25.3% YoY indicates loss of market demand and competitive position deterioration. Massive operating losses of -59.2M and negative operating cash flow of -51.8M signal core business model failure.
What is BIRD's revenue and growth?
Allbirds, Inc. reported revenue of $104.8M.
Does BIRD pay dividends?
Allbirds, Inc. does not currently pay dividends.
Where can I find BIRD SEC filings?
Official SEC filings for Allbirds, Inc. (CIK: 0001653909) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BIRD's EPS?
Allbirds, Inc. has a diluted EPS of $-7.13.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.