Allbirds Inc (BIRD) is a pioneering company in the sustainable footwear and apparel sector, recognized for its innovative use of eco-friendly materials, including merino wool and eucalyptus fibers, since its inception in 2016. Committed to a carbon-neutral supply chain, Allbirds stands at the forefront of environmental sustainability and ethical fashion, appealing to the growing consumer demand for responsible products. With its strong emphasis on sustainability and transparency, the company is strategically positioned for long-term growth, establishing itself as a significant player in the modern fashion industry.
| Revenue (TTM) | $142.67M |
| Gross Profit (TTM) | $54.36M |
| EBITDA | $-64.57M |
| Operating Margin | -88.30% |
| Return on Equity | -153.60% |
| Return on Assets | -38.80% |
| Revenue/Share (TTM) | $17.11 |
| Book Value | $1.86 |
| Price-to-Book | 2.08 |
| Price-to-Sales (TTM) | 0.21 |
| EV/Revenue | 0.37 |
| EV/EBITDA | -0.61 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | -30.50% |
| Shares Outstanding | $6.27M |
| Float | $4.43M |
| % Insiders | 22.05% |
| % Institutions | 35.42% |
When Allbirds pivoted to AI in April, it felt like a joke from Silicon Valley breaking free of the TV: The direct-to-consumer shoe purveyor whose flimsy kicks helped define what we'll loosely call Silicon Valley style had discovered a new trend to chase.
From shoes to AI to . . . Smartbird?
Allbirds completed its transformation from a footwear company into an artificial intelligence infrastructure provider on Wednesday, changing its name to Smartbird and appointing former Amazon executive Nadia Carlsten as chief executive officer. The announcement sent shares of the company, which continues to trade under the ticker BIRD, sharply higher.
Allbirds began as a footwear manufacturer whose wool sneakers surged in popularity with San Francisco's tech workers and executives a decade ago. The company was valued at $4 billion after an IPO in November 2021, but sales began falling during the pandemic.
Allbirds on Wednesday rebranded to Smartbird and announced Nadia Carlsten as its new CEO. In April, the company changed its name to NewBird AI and shifted from making shoes to Ai compute infrastructure.
Allbirds is changing its name to Smartbird and pivoting to an AI business, appointing Nadia Carlsten as its new chief executive.
Nadia Carlsten, AI and advanced computing industry leader, appointed president, CEO and board member Independent Director Lily Yan Hughes appointed as board chair Allbirds, Inc. name changed to Smartbird, Inc. SAN FRANCISCO, June 17, 2026 (GLOBE NEWSWIRE) -- Smartbird, Inc. (NASDAQ: BIRD), an AI infrastructure provider, today announced the appointment of Nadia Carlsten as president and chief executive officer. Carlsten has also joined Smartbird's board of directors.
Allbirds has been rebranded as Smartbird. Instead of selling shoes, it's an AI infrastructure provider.
SAN FRANCISCO, June 15, 2026 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD) previously announced that the Company intends to make a distribution, in the form of a special dividend, to stockholders of record of a portion of the proceeds from the previously disclosed Asset Sale (such special dividend, the “Asset Sale Dividend”). The Company announced today that the Board of Directors of the Company has established June 25, 2026, as the record date for the stockholders of the Company entitled to receive the Asset Sale Dividend, with the payment of the Asset Sale Dividend to occur within 60 days of such record date.
When Liza Moiseeva first heard that Allbirds was pivoting to AI, she thought it was satire.
