Growth Metrics

Allbirds (BIRD) Operating Margin (2020 - 2025)

Allbirds (BIRD) has disclosed Operating Margin for 5 consecutive years, with 60.28% as the latest value for Q3 2025.

  • On a quarterly basis, Operating Margin fell 962.0% to 60.28% in Q3 2025 year-over-year; TTM through Sep 2025 was 52.92%, a 994.0% increase, with the full-year FY2024 number at 51.41%, up 881.0% from a year prior.
  • Operating Margin was 60.28% for Q3 2025 at Allbirds, down from 41.65% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 6.14% in Q2 2021 to a low of 80.07% in Q4 2023.
  • A 5-year average of 42.76% and a median of 41.65% in 2025 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: plummeted -4982bps in 2023, then soared 3392bps in 2024.
  • Allbirds' Operating Margin stood at 6.59% in 2021, then crashed by -359bps to 30.25% in 2022, then crashed by -165bps to 80.07% in 2023, then skyrocketed by 42bps to 46.14% in 2024, then plummeted by -31bps to 60.28% in 2025.
  • Per Business Quant, the three most recent readings for BIRD's Operating Margin are 60.28% (Q3 2025), 41.65% (Q2 2025), and 71.09% (Q1 2025).