Quarterly ResultApr 21, 2026, 06:07 AM
Allbirds Q1 2026 Preliminary Net Loss at $(19.6)M
AI Summary
Allbirds, Inc. announced preliminary unaudited financial results for the first quarter ended March 31, 2026. The company expects net revenue of approximately $22.3 million and a net loss of about $19.6 million. Additionally, adjusted EBITDA is anticipated to be a loss of roughly $16.1 million. As of March 31, 2026, cash and cash equivalents stood at $14.4 million. These preliminary figures are subject to change as the quarter-end procedures are finalized.
Key Highlights
- Preliminary net revenue expected at $22.3 million.
- Anticipated net loss of $(19.6) million.
- Adjusted EBITDA loss projected at $(16.1) million.
- Gross margin expected around 27.8%.
- Cash and cash equivalents were $14.4 million as of March 31, 2026.