---
schema_version: "secwatch.filing_event.v1"
accession: "0001653909-25-000049"
form_type: "8-K"
ticker: "BIRD"
cik: "0001653909"
company_name: "Allbirds, Inc."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T17:42:55.644505+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Allbirds Q2 net revenue $39.7M (-23.1% YoY); net loss $15.5M, guides FY revenue lower

## Summary
- Net revenue $39.7M, at high end of guidance but down 23.1% YoY; gross margin fell 980 bps to 40.7%.
- Net loss $15.5M ($1.92/share); adjusted EBITDA loss $12.6M, above guidance range.
- Inventory $42.2M (-21.3% YoY); cash $33.1M with $5.0M drawn on new $75M revolver.
- Full-year 2025 revenue guidance revised lower; reiterated adjusted EBITDA guidance.
- CEO cites product and marketing initiatives expected to return to top-line growth in Q4 2025.

## SEC filing metadata
- accession: 0001653909-25-000049
- form_type: 8-K
- ticker: BIRD
- cik: 0001653909
- company_name: Allbirds, Inc.
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653909/000165390925000049/0001653909-25-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653909/000165390925000049/bird-20250807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001653909-25-000049
- JSON: https://secwatch.observer/filing/0001653909-25-000049.json
- Plain text: https://secwatch.observer/filing/0001653909-25-000049.txt

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