---
schema_version: "secwatch.filing_event.v1"
accession: "0001653909-23-000085"
form_type: "8-K"
ticker: "BIRD"
cik: "0001653909"
company_name: "Allbirds, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:12:46.768122+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Allbirds Q2 revenue $70.5M, down 9.8% YoY; net loss $28.9M; Q3 guidance issued

## Summary
- Net revenue $70.5M (down 9.8% YoY but up 3.8% vs Q2 2021); gross margin improved to 42.8% from 36.1%.
- Net loss $28.9M ($0.19 per share) vs $29.4M YoY; adjusted EBITDA loss $18.3M vs $20.8M YoY.
- Inventory $92.8M, down 24% YoY; generated $0.8M positive operating cash flow vs negative $24.1M a year ago.
- SG&A rose to $46.2M (65.6% of revenue) due to 16 new stores; marketing spend cut to $12.5M (17.8% of revenue).
- Restructuring charges of $1.0M tied to strategic transformation plan announced March 2023.

## SEC filing metadata
- accession: 0001653909-23-000085
- form_type: 8-K
- ticker: BIRD
- cik: 0001653909
- company_name: Allbirds, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653909/000165390923000085/0001653909-23-000085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653909/000165390923000085/bird-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001653909-23-000085
- JSON: https://secwatch.observer/filing/0001653909-23-000085.json
- Plain text: https://secwatch.observer/filing/0001653909-23-000085.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.