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MARKETS / NASDAQ / BIRD
NASDAQ · SERVICES-COMPUTER PROCESSING & DATA PREPARATION

Smartbird, Inc. BIRD

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$152.5M
▼ 19.7% YoY
$-77.3M
$-58.2M
In brief

What this company does

As of December 31, 2025, its physical retail channel consisted of 23 company-operated stores in the United States and United Kingdom, with the majority in the United States. As of December 31, 2025, it had international distributor partners covering more than 90 countries, including Canada, China and Japan. Its apparel and other non-footwear products are primarily manufactured in the United States, China, Peru and Mexico. As of December 31, 2025, it had 362 employees, approximately 88% of whom were located in the United States. Allbirds, Inc. was incorporated in Delaware in May 2015 as Bozz, Inc., changed its name to Allbirds, Inc. in December 2015, and became a Delaware public benefit corporation in February 2016.

Written from the business description in ALLBIRDS, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth
USD 152.5M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 152.5 · Net income -77.3
100M200M-80M2019202020212022202320242025
Compound annual growth
−20.0%
−7.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −7.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−51 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -52.4% · Net -50.7%
-20%-40%-60%2019202020212022202320242025
ROE
FY2025 · ROE -112.3%
-50%-100%2019202020212022202320242025

Each USD of equity lost 112 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -58.2
-50M-100M2019202020212022202320242025

Total assetsUSD 109.4M
EquityUSD 35.9M
CashUSD 26.7M
Gross debtUSD 17.4M
Net debtUSD -9.3M
Current ratio2.02×

The company holds more cash than debt.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B0.20.20.30.30.30.20.2
Operating income $B−0.1−0.1−0.2−0.1−0.0−0.0−0.0
EBITDA $B−0.1−0.1−0.1−0.1−0.0−0.0−0.0
Income tax $B0.00.00.00.00.0−0.00.0
Net income $B−0.1−0.1−0.2−0.1−0.0−0.0−0.0
Free cash flow $B−0.1−0.1−0.0−0.1−0.1−0.0−0.0
EPS, diluted $−9.47−11.87−20.10−0.68−0.65−0.49−0.28
Dividend / sh $·······
Payout %·······
ROE %−112.3−65.0−60.7−28.4−24.4··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 33 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 62 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Computer Processing & Data Preparation
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2019

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