Growth Metrics

Allbirds (BIRD) Operating Margin (2020 - 2025)

Allbirds has reported Operating Margin over the past 6 years, most recently at 43.46% for Q4 2025.

  • Quarterly Operating Margin rose 268.0% to 43.46% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 52.45% through Dec 2025, down 104.0% year-over-year, with the annual reading at 52.45% for FY2025, 104.0% down from the prior year.
  • Operating Margin was 43.46% for Q4 2025 at Allbirds, up from 60.28% in the prior quarter.
  • Over five years, Operating Margin peaked at 6.14% in Q2 2021 and troughed at 80.06% in Q4 2023.
  • The 5-year median for Operating Margin is 41.84% (2023), against an average of 42.79%.
  • Year-over-year, Operating Margin tumbled -4981bps in 2023 and then soared 3392bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 6.59% in 2021, then tumbled by -359bps to 30.25% in 2022, then tumbled by -165bps to 80.06% in 2023, then skyrocketed by 42bps to 46.14% in 2024, then increased by 6bps to 43.46% in 2025.
  • Per Business Quant, the three most recent readings for BIRD's Operating Margin are 43.46% (Q4 2025), 60.28% (Q3 2025), and 41.65% (Q2 2025).