NASDAQ$BIRD
Allbirds Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Allbirds reported Q3 2024 financial results, with revenue within guidance and updated full year outlook.
Allbirds' Q3 2024 net revenue decreased by 24.9% to $43.0 million compared to the previous year, but was within the company's guidance range. Gross margin improved to 44.4%. The company is updating its full year 2024 revenue guidance and narrowing its Adjusted EBITDA guidance range.
- Net revenue decreased 24.9% to $43.0 million year-over-year, within guidance.
- Gross margin improved approximately 90 basis points to 44.4% year-over-year.
- Net loss was $21.2 million, or $2.68 per basic and diluted share.
- Inventory decreased 28.1% year-over-year to $57.5 million.
Headline financials
Revenue & EPS history
Allbirds · Revenue · Quarterly
$43M
Forward guidance
Allbirds is updating its full year 2024 revenue guidance and narrowing its Adjusted EBITDA guidance range.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2024
-8.6%
Avg return
Earnings day
-8.6%
Avg return
5 days after
-1.1%
Avg return
30 days after
25%
6 / 24 earnings
Positive
+24.4%
Q4 2019
Best reaction
-51.2%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.8% | -13.7% | -21.5% | |
| Q4 2025 | +3.6% | +10.9% | +252.1% | |
| Q3 2025 | -7.2% | -28.2% | -39.7% | |
| Q2 2025 | -29.4% | -27.9% | -36.2% | |
| Q1 2025 | -2.4% | +23.8% | +58.0% | |
| Q4 2024 | -13.1% | -13.5% | -27.6% | |
| Q3 2024 | -23.2% | -29.7% | -30.9% | |
| Q2 2024 | +8.2% | +6.5% | -7.8% | |
| Q1 2024 | -10.4% | +2.9% | -19.4% | |
| Q4 2023 | -9.6% | -12.0% | -24.5% | |
| Q3 2023 | -23.9% | -29.3% | +11.9% | |
| Q2 2023 | +23.9% | +18.7% | -6.0% | |
| Q1 2023 | -6.4% | -4.9% | +2.6% | |
| Q4 2022 | -51.2% | -56.4% | -55.1% | |
| Q3 2022 | -17.2% | -6.6% | -5.6% | |
| Q2 2021 | -17.5% | -7.2% | -28.7% | |
| Q2 2022 | -13.1% | -0.2% | -23.0% | |
| Q1 2021 | -7.5% | +0.2% | +8.8% | |
| Q1 2022 | -19.1% | -13.8% | +4.7% | |
| Q4 2019 | +24.4% | +16.5% | +0.4% | |
| Q4 2021 | +0.0% | -8.1% | -29.6% | |
| Q3 2020 | +1.4% | -5.2% | +3.5% | |
| Q4 2020 | +1.4% | -5.2% | +3.5% | |
| Q3 2021 | -14.7% | -24.6% | -15.2% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro