secwatch.observer — SEC 8-K summary
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Issuer:     Allbirds, Inc. (BIRD)
CIK:        0001653909
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001653909-25-000049
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653909/000165390925000049/0001653909-25-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653909/000165390925000049/bird-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001653909-25-000049

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