NASDAQ : BIRD
Allbirds, Inc. — Financial statements
Consumer Discretionary · Apparel Retail · United States
Last price 1.95 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 23.03M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Allbirds, Inc. (BIRD) reported revenue of 155.22M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 155.22M | 152.47M | 189.76M | 254.06M | 297.77M | 277.47M |
| Cost of Revenue | 92.67M | 89.92M | 108.69M | 149.83M | 168.14M | 130.81M |
| Gross Profit | 62.55M | 62.55M | 81.06M | 104.23M | 129.63M | 146.66M |
| Selling, General & Admin | 141.97M | 137.73M | 175.02M | 223.09M | 225.84M | 179.54M |
| Operating Expenses | 141.97M | 137.73M | 175.02M | 223.09M | 225.84M | 179.54M |
| Operating Income | -79.42M | -75.17M | -93.95M | -118.85M | -96.22M | -32.88M |
| Interest Expense | -3.03M | -1.07M | -178.00K | |||
| Interest & Investment Income | 79.00K | 3.49M | 4.08M | 19.00K | ||
| Other Non Operating Income (Expenses) | 4.14M | 4.14M | 3.05M | -352.00K | 139.00K | -11.51M |
| EBT Excluding Unusual Items | -78.23M | -72.10M | -87.42M | -115.13M | -96.06M | -44.56M |
| Merger & Restructuring Charges | -562.00K | -562.00K | -1.80M | -6.76M | -782.00K | |
| Gain (Loss) on Sale of Investments | -84.00K | |||||
| Gain (Loss) on Sale of Assets | -432.00K | -2.76M | ||||
| Asset Writedown | -4.22M | -4.22M | -1.80M | -27.39M | -3.29M | |
| Pretax Income | -83.25M | -76.89M | -91.45M | -152.12M | -100.13M | -44.56M |
| Income Tax Expense | 297.00K | 393.00K | 1.87M | 334.00K | 1.23M | 810.00K |
| Net Income | -77.00M | -77.28M | -93.32M | -152.46M | -101.35M | -45.37M |
| Net Income to Common | -77.00M | -77.28M | -93.32M | -152.46M | -101.35M | -45.37M |
| Shares Outstanding (Basic) | 8.61M | 8.16M | 7.86M | 7.58M | 7.44M | 3.47M |
| Shares Outstanding (Diluted) | 8.61M | 8.16M | 7.86M | 7.58M | 7.44M | 3.47M |
| EPS (Basic) | -8.95 | -9.47 | -11.87 | -20.10 | -13.63 | -13.09 |
| EPS (Diluted) | -8.95 | -9.47 | -11.87 | -20.10 | -13.63 | -13.09 |
| Free Cash Flow | -46.23M | -58.23M | -67.95M | -41.09M | -121.95M | -75.03M |
| Free Cash Flow Per Share | -5.37 | -7.14 | -8.64 | -5.42 | -16.40 | -21.65 |
| Gross Margin | 40.30% | 41.03% | 42.72% | 41.03% | 43.53% | 52.86% |
| Operating Margin | -51.17% | -49.31% | -49.51% | -46.78% | -32.31% | -11.85% |
| Profit Margin | -49.61% | -50.69% | -49.18% | -60.01% | -34.04% | -16.35% |
| Free Cash Flow Margin | -29.78% | -38.19% | -35.81% | -16.17% | -40.95% | -27.04% |
| EBITDA | -72.45M | -67.16M | -81.56M | -97.85M | -81.54M | -23.22M |
| EBITDA Margin | -46.68% | -44.05% | -42.98% | -38.51% | -27.38% | -8.37% |
| D&A For EBITDA | 6.97M | 8.02M | 12.40M | 21.00M | 14.68M | 9.65M |
| EBIT | -79.42M | -75.17M | -93.95M | -118.85M | -96.22M | -32.88M |
| EBIT Margin | -51.17% | -49.31% | -49.51% | -46.78% | -32.31% | -11.85% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 37.38M | 26.69M | 66.73M | 130.03M | 167.14M | 288.58M |
| Cash & Short-Term Investments | 37.38M | 26.69M | 66.73M | 130.03M | 167.14M | 288.58M |
| Accounts Receivable | 515.00K | 6.84M | 6.17M | 8.19M | 9.21M | 10.98M |
| Other Receivables | 285.00K | 5.04M | 7.62M | 10.08M | 8.42M | 28.97M |
| Receivables | 800.00K | 11.88M | 13.79M | 18.26M | 17.62M | 39.95M |
| Inventory | 38.88M | 44.12M | 57.76M | 116.80M | 106.88M | |
| Prepaid Expenses | 756.00K | 3.40M | 4.91M | 5.25M | 6.28M | 7.87M |
| Restricted Cash | 1.21M | 862.00K | 851.00K | 641.00K | 632.00K | |
| Other Current Assets | 803.00K | 409.00K | 151.00K | 458.00K | 463.00K | 1.11M |
| Total Current Assets | 40.95M | 82.12M | 130.56M | 212.41M | 308.93M | 444.37M |
| Property, Plant & Equipment | 2.50M | 23.56M | 55.91M | 93.17M | 145.57M | 27.36M |
| Long-Term Investments | 200.00K | 2.00M | 2.25M | 2.25M | ||
| Other Intangible Assets | 75.00K | 42.00K | 82.00K | 133.00K | 11.22M | |
| Long-Term Deferred Tax Assets | 501.00K | 509.00K | 563.00K | 1.48M | 1.00M | 102.00K |
| Long-Term Deferred Charges | 2.41M | 8.00K | 57.00K | 107.00K | ||
| Other Long-Term Assets | 17.00K | 748.00K | 1.61M | 3.56M | 4.42M | 3.02M |
| Total Assets | 46.12M | 109.42M | 188.88M | 312.70M | 462.36M | 488.43M |
| Accounts Payable | 517.00K | 17.77M | 10.77M | 5.85M | 12.24M | 30.73M |
| Accrued Expenses | 6.84M | 11.86M | 15.47M | 17.62M | 15.58M | 22.86M |
| Current Portion of Leases | 1.93M | 6.78M | 10.88M | 15.22M | 10.26M | |
| Current Income Taxes Payable | 1.02M | 1.05M | 1.09M | 2.00M | 3.34M | 17.93M |
| Current Unearned Revenue | 1.70M | 3.90M | 4.55M | 4.06M | 4.19M | |
| Other Current Liabilities | 744.00K | 1.49M | 2.26M | 3.37M | 4.53M | 5.45M |
| Total Current Liabilities | 11.06M | 40.64M | 44.37M | 48.61M | 50.01M | 81.16M |
| Long-Term Debt | 8.19M | 17.37M | ||||
| Long-Term Leases | 4.35M | 15.49M | 42.80M | 78.73M | 95.58M | |
| Other Long-Term Liabilities | 29.00K | 38.00K | 10.27M | |||
| Total Liabilities | 23.59M | 73.50M | 87.19M | 127.38M | 145.59M | 91.42M |
| Common Stock | 1.00K | 1.00K | 1.00K | 1.00K | 15.00K | 15.00K |
| Additional Paid-In Capital | 621.42M | 601.59M | 591.88M | 579.86M | 559.11M | 533.71M |
| Retained Earnings | -598.89M | -561.80M | -484.52M | -391.20M | -238.74M | -137.39M |
| Comprehensive Income & Other | -3.87M | -5.68M | -3.33M | -3.61M | 666.00K | |
| Total Common Equity | 22.52M | 35.91M | 101.69M | 185.33M | 316.77M | 397.00M |
| Shareholders' Equity | 22.52M | 35.91M | 101.69M | 185.33M | 316.77M | 397.00M |
| Total Liabilities & Equity | 46.12M | 109.42M | 188.88M | 312.70M | 462.36M | 488.43M |
| Total Debt | 14.47M | 39.64M | 53.67M | 93.95M | 105.85M | |
| Net Cash (Debt) | 22.91M | -12.95M | 13.06M | 36.08M | 61.29M | 288.58M |
| Net Cash Per Share | 2.66 | -1.59 | 1.66 | 4.76 | 8.24 | 83.27 |
| Filing Date Shares Outstanding | 11.81M | 8.71M | 8.00M | 7.76M | 7.50M | 7.37M |
| Total Common Shares Outstanding | 11.81M | 8.72M | 8.00M | 7.76M | 7.50M | 7.35M |
| Working Capital | 29.89M | 41.47M | 86.19M | 163.80M | 258.92M | 363.21M |
| Book Value Per Share | 1.91 | 4.12 | 12.71 | 23.89 | 42.26 | 53.99 |
| Tangible Book Value | 22.52M | 35.84M | 101.64M | 185.25M | 316.64M | 385.78M |
| Tangible Book Value Per Share | 1.91 | 4.11 | 12.71 | 23.88 | 42.24 | 52.47 |
| Machinery | 135.00K | 13.48M | 18.03M | 27.57M | 26.81M | 17.29M |
| Leasehold Improvements | 584.00K | 17.60M | 19.36M | 40.01M | 40.30M | 27.14M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -77.00M | -77.28M | -93.32M | -152.46M | -101.35M | -45.37M |
| Depreciation & Amortization | 8.02M | 8.02M | 12.40M | 21.00M | 14.68M | 9.65M |
| Other Amortization | 894.00K | 482.00K | 8.00K | 49.00K | 49.00K | 49.00K |
| Loss (Gain) From Sale of Assets | 391.00K | 391.00K | 459.00K | 2.77M | ||
| Asset Writedown & Restructuring Costs | 4.22M | 4.22M | 1.80M | 27.37M | 3.28M | |
| Loss (Gain) From Sale of Investments | 84.00K | |||||
| Stock-Based Compensation | 9.40M | 7.76M | 11.47M | 19.35M | 19.87M | 11.24M |
| Other Operating Activities | -5.50M | 820.00K | 3.60M | 7.78M | 13.54M | 10.88M |
| Change in Accounts Receivable | -643.00K | -643.00K | 1.96M | 1.00M | 1.60M | -9.11M |
| Change in Inventory | 3.01M | 3.01M | 6.90M | 47.53M | -24.74M | -48.48M |
| Change in Accounts Payable | 9.41M | 2.59M | 1.02M | -6.71M | -37.59M | 25.24M |
| Change in Unearned Revenue | -209.00K | -209.00K | -472.00K | 569.00K | -126.00K | 1.26M |
| Change in Other Net Operating Assets | -854.00K | -4.25M | -9.69M | 1.44M | 20.21M | -6.22M |
| Operating Cash Flow | -41.70M | -55.08M | -63.86M | -30.22M | -90.58M | -50.85M |
| Capital Expenditures | -4.53M | -3.15M | -4.09M | -10.87M | -31.36M | -24.18M |
| Divestitures | 390.00K | 390.00K | 4.01M | 2.18M | ||
| Investment in Securities | 166.00K | -250.00K | ||||
| Other Investing Activities | 39.20M | 852.00K | 2.20M | 810.00K | -929.00K | -1.21M |
| Investing Cash Flow | 35.06M | -1.90M | 2.12M | -7.71M | -32.29M | -25.64M |
| Long-Term Debt Issued | 19.23M | 539.00K | ||||
| Total Debt Issued | 27.06M | 19.23M | 539.00K | |||
| Long-Term Debt Repaid | -1.85M | |||||
| Total Debt Repaid | -1.85M | -1.85M | ||||
| Net Debt Issued (Repaid) | 25.21M | 17.37M | 539.00K | |||
| Issuance of Common Stock | 15.80M | 127.00K | 288.00K | 1.22M | 3.95M | 242.84M |
| Repurchase of Common Stock | -210.00K | -4.00K | -1.00K | -581.00K | -166.00K | |
| Other Financing Activities | -28.73M | -1.42M | -744.00K | -4.69M | ||
| Financing Cash Flow | 12.07M | 16.07M | 287.00K | 640.00K | 3.58M | 238.15M |
| Foreign Exchange Rate Adjustments | -841.00K | 882.00K | -1.64M | 200.00K | -1.51M | -341.00K |
| Net Cash Flow | 4.59M | -40.03M | -63.09M | -37.09M | -120.81M | 161.32M |
| Free Cash Flow | -46.23M | -58.23M | -67.95M | -41.09M | -121.95M | -75.03M |
| Free Cash Flow Margin | -29.78% | -38.19% | -35.81% | -16.17% | -40.95% | -27.04% |
| Free Cash Flow Per Share | -5.37 | -7.14 | -8.64 | -5.42 | -16.40 | -21.65 |
| Levered Free Cash Flow | 1.66M | -25.76M | -20.29M | 8.31M | -84.16M | -64.73M |
| Unlevered Free Cash Flow | 2.66M | -25.57M | -20.30M | 8.26M | -84.21M | -64.67M |
| Cash Interest Paid | 8.00K | 58.00K | 124.00K | 111.00K | 88.00K | 118.00K |
| Cash Income Tax Paid | 116.00K | 1.70M | 1.78M | 1.42M | 438.00K | |
| Change in Working Capital | 10.71M | 500.00K | -275.00K | 43.83M | -40.65M | -37.30M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 19.13M | 33.67M | 55.29M | 187.24M | 361.43M | 2.21B |
| Enterprise Value | -3.78M | 53.22M | 35.91M | 161.76M | 180.71M | 2.37B |
| Last Close Price | 1.95 | 3.59 | 6.10 | 21.43 | 42.33 | 263.75 |
| PS Ratio | 0.12 | 0.22 | 0.29 | 0.74 | 1.21 | 7.98 |
| PB Ratio | 1.02 | 0.94 | 0.54 | 1.01 | 1.14 | 5.58 |
| P/TBV Ratio | 0.85 | 0.94 | 0.54 | 1.01 | 1.14 | 5.74 |
| EV/Sales Ratio | 0.35 | 0.19 | 0.64 | 0.61 | 8.53 | |
| Debt / Equity Ratio | 0.64 | 1.10 | 0.53 | 0.51 | 0.33 | |
| Net Debt / Equity Ratio | -1.02 | 0.36 | -0.13 | -0.20 | -0.19 | -0.73 |
| Net Debt / EBITDA Ratio | 0.32 | -0.19 | 0.16 | 0.37 | 0.75 | 12.43 |
| Net Debt / FCF Ratio | 0.50 | -0.22 | 0.19 | 0.88 | 0.50 | 3.85 |
| Asset Turnover | 1.70 | 1.02 | 0.76 | 0.66 | 0.63 | 0.76 |
| Inventory Turnover | 2.17 | 2.13 | 1.72 | 1.50 | 1.57 | |
| Quick Ratio | 3.45 | 0.95 | 1.81 | 3.05 | 3.69 | 4.05 |
| Current Ratio | 3.70 | 2.02 | 2.94 | 4.37 | 6.18 | 5.47 |
| Return on Equity (ROE) | -177.98% | -112.33% | -65.03% | -60.73% | -28.40% | -15.61% |
| Return on Assets (ROA) | -54.27% | -31.50% | -23.41% | -19.17% | -12.65% | -5.61% |
| Return on Capital Employed (ROCE) | -226.60% | -109.30% | -65.00% | -45.00% | -23.30% | -8.10% |
| Earnings Yield | -552.24% | -229.51% | -168.78% | -81.42% | -28.04% | -2.05% |
| FCF Yield | -241.64% | -172.92% | -122.91% | -21.95% | -33.74% | -3.39% |
| Buyback Yield / Dilution | -7.69% | -3.77% | -3.68% | -1.96% | -114.62% | -30.76% |