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Allbirds, Inc. (BIRD) Stock Fundamental Analysis & AI Rating 2026

BIRD Nasdaq Apparel & Other Finishd Prods of Fabrics & Similar Matl DE CIK: 0001653909
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2025-09-30
Combined AI Rating
STRONG SELL
92% Confidence
STRONG AGREEMENT
STRONG SELL
92% Conf
STRONG SELL
91% Conf

📊 BIRD Key Takeaways

Revenue: $104.8M
Net Margin: -55.1%
Free Cash Flow: $-54.1M
Current Ratio: 2.37x
Debt/Equity: 0.24x
EPS: $-7.13
AI Rating: STRONG SELL with 92% confidence
Allbirds, Inc. (BIRD) receives a STRONG SELL rating with 92% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $104.8M, net profit margin of -55.1%, and return on equity (ROE) of -111.1%, Allbirds, Inc. demonstrates mixed fundamentals in the Consumer sector. Below is our complete BIRD stock analysis for 2026.

Is Allbirds, Inc. (BIRD) a Good Investment?

Claude

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.

ChatGPT

Allbirds' fundamentals are weak, with revenue down 25.3% year over year and deeply negative operating and net margins, indicating the business is shrinking while remaining structurally unprofitable. Although liquidity is still adequate with a 2.37x current ratio and modest debt, persistent negative operating cash flow and a free cash flow margin of -51.6% raise serious concerns about how long the balance sheet can support ongoing losses without a meaningful turnaround.

Why Buy Allbirds, Inc. Stock? BIRD Key Strengths

Claude
  • + 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
ChatGPT
  • + Liquidity remains acceptable, with $23.70M in cash and a 2.37x current ratio
  • + Leverage is not yet extreme, with debt/equity at 0.24x and limited long-term debt
  • + Gross margin of 42.7% suggests the product still carries some underlying gross profit potential if costs are controlled

BIRD Stock Risks: Allbirds, Inc. Investment Risks

Claude
  • ! 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
ChatGPT
  • ! Revenue contraction of 25.3% YoY points to weakening demand or execution issues
  • ! Operating margin of -56.5% and net margin of -55.1% show severe ongoing unprofitability
  • ! Negative operating cash flow of $51.81M and free cash flow of -$54.08M create material runway and dilution/refinancing risk

Key Metrics to Watch

Claude
  • * 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
ChatGPT
  • * Revenue stabilization and gross margin trend
  • * Operating cash burn and ending cash balance

Allbirds, Inc. (BIRD) Financial Metrics & Key Ratios

Revenue
$104.8M
Net Income
$-57.7M
EPS (Diluted)
$-7.13
Free Cash Flow
$-54.1M
Total Assets
$119.9M
Cash Position
$23.7M

💡 AI Analyst Insight

Strong liquidity with a 2.37x current ratio provides a solid financial cushion.

BIRD Profit Margin, ROE & Profitability Analysis

Gross Margin 42.7%
Operating Margin -56.5%
Net Margin -55.1%
ROE -111.1%
ROA -48.1%
FCF Margin -51.6%

BIRD vs Consumer Sector: How Allbirds, Inc. Compares

How Allbirds, Inc. compares to Consumer sector averages

Net Margin
BIRD -55.1%
vs
Sector Avg 8.0%
BIRD Sector
ROE
BIRD -111.1%
vs
Sector Avg 18.0%
BIRD Sector
Current Ratio
BIRD 2.4x
vs
Sector Avg 1.5x
BIRD Sector
Debt/Equity
BIRD 0.2x
vs
Sector Avg 0.8x
BIRD Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Allbirds, Inc. Stock Overvalued? BIRD Valuation Analysis 2026

Based on fundamental analysis, Allbirds, Inc. has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
-111.1%
Sector avg: 18%
Net Profit Margin
-55.1%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.24x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Allbirds, Inc. Balance Sheet: BIRD Debt, Cash & Liquidity

Current Ratio
2.37x
Quick Ratio
1.10x
Debt/Equity
0.24x
Debt/Assets
56.7%
Interest Coverage
-553.66x
Long-term Debt
$12.3M

BIRD Revenue & Earnings Growth: 5-Year Financial Trend

BIRD 5-year financial data: Year 2021: Revenue $277.5M, Net Income -$14.5M, EPS $-0.28. Year 2022: Revenue $297.8M, Net Income -$25.9M, EPS $-0.49. Year 2023: Revenue $297.8M, Net Income -$101.4M, EPS $-0.68. Year 2024: Revenue $254.1M, Net Income -$152.5M, EPS $-20.10. Year 2025: Revenue $189.8M, Net Income -$93.3M, EPS $-11.87.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Allbirds, Inc.'s revenue has declined by 32% over the 5-year period, indicating business contraction. The most recent EPS of $-11.87 indicates the company is currently unprofitable.

BIRD Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-51.6%
Free cash flow / Revenue

BIRD Quarterly Earnings & Performance

Quarterly financial performance data for Allbirds, Inc. including revenue, net income, and earnings per share.
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.

Allbirds, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$51.8M
Cash generated from operations
Capital Expenditures
$2.3M
Investment in assets
Dividends
None
No dividend program

BIRD SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Allbirds, Inc. (CIK: 0001653909)

📋 Recent SEC Filings

Date Form Document Action
Apr 15, 2026 8-K d119005d8k.htm View →
Mar 31, 2026 10-K bird-20251231.htm View →
Mar 31, 2026 8-K bird-20260329.htm View →
Mar 4, 2026 4 xslF345X05/wk-form4_1772670421.xml View →
Mar 4, 2026 4 xslF345X05/wk-form4_1772670370.xml View →

Frequently Asked Questions about BIRD

What is the AI rating for BIRD?

Allbirds, Inc. (BIRD) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 92% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BIRD's key strengths?

Claude: 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. ChatGPT: Liquidity remains acceptable, with $23.70M in cash and a 2.37x current ratio. Leverage is not yet extreme, with debt/equity at 0.24x and limited long-term debt.

What are the risks of investing in BIRD?

Claude: 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. ChatGPT: Revenue contraction of 25.3% YoY points to weakening demand or execution issues. Operating margin of -56.5% and net margin of -55.1% show severe ongoing unprofitability.

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?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is BIRD a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Allbirds, Inc. has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is BIRD stock overvalued or undervalued?

Valuation metrics for BIRD: ROE of -111.1% (sector avg: 18%), net margin of -55.1% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.

Should I buy BIRD stock in 2026?

Our dual AI analysis gives Allbirds, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is BIRD's free cash flow?

Allbirds, Inc.'s operating cash flow is $-51.8M, with capital expenditures of $2.3M. FCF margin is -51.6%.

How does BIRD compare to other Consumer stocks?

Vs Consumer sector averages: Net margin -55.1% (avg: 8%), ROE -111.1% (avg: 18%), current ratio 2.37 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2025-09-30 | Powered by Claude AI