Allbirds, Inc.
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 31, 2026
BIRD$1.26-6.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
CONSOLIDATED STATEMENTS OF OPERATIONS AND
COMPREHENSIVE LOSS
(in thousands, except share and per share amounts)
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Net revenue | $152,466 | $189,757 |
| Cost of revenue | 89,915 | 108,693 |
| Gross profit | 62,551 | 81,064 |
| Operating expense: | ||
| Selling, general, and administrative expense | 92,488 | 133,379 |
| Marketing expense | 45,238 | 41,638 |
| Impairment expense | 4,225 | 1,800 |
| Restructuring expense | 562 | 1,800 |
| Total operating expense | 142,513 | 178,617 |
| Loss from operations | (79,962) | (97,553) |
| Net loss from sales of businesses | — | (432) |
| Interest (expense) income | (1,067) | 3,489 |
| Other income | 4,139 | 3,049 |
| Loss before provision for income taxes | (76,890) | (91,447) |
| Income tax provision | (393) | (1,871) |
| Net loss | $(77,283) | $(93,318) |
| Net loss per share data: | ||
| Net loss per share attributable to common stockholders, basic and diluted | $(9.47) | $(11.87) |
| Weighted average shares used in computing net loss per share attributable to common stockholders, basic and diluted | 8,159,108 | 7,862,853 |
| Other comprehensive loss: | ||
| Foreign currency translation gain (loss) | 1,807 | (2,345) |
| Total comprehensive loss | $(75,476) | $(95,663) |
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