secwatch.observer — SEC 8-K summary
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Issuer:     Allbirds, Inc. (BIRD)
CIK:        0001653909
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001628280-25-050181
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allbirds Q3 revenue $33.0M (-23.3% YoY), net loss $20.3M, adj EBITDA loss $15.7M
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- Net revenue $33.0M, down 23.3% YoY; gross margin 43.2% (-120bps).
- Net loss $20.3M ($2.49/sh) vs $21.2M loss last year; adjusted EBITDA loss $15.7M (above guidance).
- Inventory down 25% to $43.1M; cash $23.7M with $12.3M drawn on $50M credit facility.
- Full-year 2025 revenue outlook updated; midpoint of adjusted EBITDA guidance reaffirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653909/000162828025050181/0001628280-25-050181-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653909/000162828025050181/bird-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-050181

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer