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Side-by-side financial comparison of Allbirds, Inc. (BIRD) and CARTERS INC (CRI). Click either name above to swap in a different company.
CARTERS INC is the larger business by last-quarter revenue ($757.8M vs $47.7M, roughly 15.9× Allbirds, Inc.). CARTERS INC runs the higher net margin — 1.5% vs -41.1%, a 42.6% gap on every dollar of revenue. On growth, CARTERS INC posted the faster year-over-year revenue change (-0.1% vs -14.6%). Allbirds, Inc. produced more free cash flow last quarter ($-4.1M vs $-144.1M).
Bird Global, Inc., is a micromobility company based in Miami, Florida. Founded in September 2017, Bird has distributed electric scooters designed for short-term rental to over 350 cities. In April 2024, it was acquired by Third Lane Mobility to avoid bankruptcy.
Carter's, Inc. is a major American designer and marketer of children's apparel. It was founded in 1865 by William Carter.
BIRD vs CRI — Head-to-Head
Income Statement — Q4 2025 vs Q3 2026
| Metric | | |
|---|---|---|
| Revenue | $47.7M | $757.8M |
| Net Profit | $-19.6M | $11.6M |
| Gross Margin | 37.2% | 45.1% |
| Operating Margin | -43.5% | 3.8% |
| Net Margin | -41.1% | 1.5% |
| Revenue YoY | -14.6% | -0.1% |
| Net Profit YoY | 23.7% | -80.1% |
| EPS (diluted) | $-2.33 | $0.32 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $47.7M | — | ||
| Q3 25 | $33.0M | $757.8M | ||
| Q2 25 | $39.7M | $585.3M | ||
| Q1 25 | $32.1M | $629.8M | ||
| Q4 24 | $55.9M | — | ||
| Q3 24 | $43.0M | — | ||
| Q2 24 | $51.6M | — | ||
| Q1 24 | $39.3M | — |
| Q4 25 | $-19.6M | — | ||
| Q3 25 | $-20.3M | $11.6M | ||
| Q2 25 | $-15.5M | $446.0K | ||
| Q1 25 | $-21.9M | $15.5M | ||
| Q4 24 | $-25.7M | — | ||
| Q3 24 | $-21.2M | — | ||
| Q2 24 | $-19.1M | — | ||
| Q1 24 | $-27.3M | — |
| Q4 25 | 37.2% | — | ||
| Q3 25 | 43.2% | 45.1% | ||
| Q2 25 | 40.7% | 48.1% | ||
| Q1 25 | 44.8% | 46.2% | ||
| Q4 24 | 31.3% | — | ||
| Q3 24 | 44.4% | — | ||
| Q2 24 | 50.5% | — | ||
| Q1 24 | 46.9% | — |
| Q4 25 | -43.5% | — | ||
| Q3 25 | -60.3% | 3.8% | ||
| Q2 25 | -41.6% | 0.7% | ||
| Q1 25 | -71.1% | 4.1% | ||
| Q4 24 | -46.1% | — | ||
| Q3 24 | -50.7% | — | ||
| Q2 24 | -39.1% | — | ||
| Q1 24 | -75.8% | — |
| Q4 25 | -41.1% | — | ||
| Q3 25 | -61.6% | 1.5% | ||
| Q2 25 | -39.1% | 0.1% | ||
| Q1 25 | -68.1% | 2.5% | ||
| Q4 24 | -46.0% | — | ||
| Q3 24 | -49.3% | — | ||
| Q2 24 | -37.1% | — | ||
| Q1 24 | -69.5% | — |
| Q4 25 | $-2.33 | — | ||
| Q3 25 | $-2.49 | $0.32 | ||
| Q2 25 | $-1.92 | $0.01 | ||
| Q1 25 | $-2.73 | $0.43 | ||
| Q4 24 | $-3.22 | — | ||
| Q3 24 | $-2.68 | — | ||
| Q2 24 | $-2.45 | — | ||
| Q1 24 | $-3.52 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $26.7M | $184.2M |
| Total DebtLower is stronger | $17.4M | — |
| Stockholders' EquityBook value | $35.9M | $864.6M |
| Total Assets | $109.4M | $2.5B |
| Debt / EquityLower = less leverage | 0.48× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.7M | — | ||
| Q3 25 | $23.7M | $184.2M | ||
| Q2 25 | $33.1M | $338.2M | ||
| Q1 25 | $39.1M | $320.8M | ||
| Q4 24 | $66.7M | — | ||
| Q3 24 | $78.6M | — | ||
| Q2 24 | $87.2M | — | ||
| Q1 24 | $102.1M | — |
| Q4 25 | $17.4M | — | ||
| Q3 25 | $12.3M | — | ||
| Q2 25 | $5.0M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $35.9M | — | ||
| Q3 25 | $51.9M | $864.6M | ||
| Q2 25 | $71.4M | $853.9M | ||
| Q1 25 | $82.8M | $847.2M | ||
| Q4 24 | $101.7M | — | ||
| Q3 24 | $127.3M | — | ||
| Q2 24 | $144.0M | — | ||
| Q1 24 | $160.3M | — |
| Q4 25 | $109.4M | — | ||
| Q3 25 | $119.9M | $2.5B | ||
| Q2 25 | $136.8M | $2.5B | ||
| Q1 25 | $147.3M | $2.3B | ||
| Q4 24 | $188.9M | — | ||
| Q3 24 | $221.9M | — | ||
| Q2 24 | $239.5M | — | ||
| Q1 24 | $272.4M | — |
| Q4 25 | 0.48× | — | ||
| Q3 25 | 0.24× | — | ||
| Q2 25 | 0.07× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-3.3M | $-128.0M |
| Free Cash FlowOCF − Capex | $-4.1M | $-144.1M |
| FCF MarginFCF / Revenue | -8.7% | -19.0% |
| Capex IntensityCapex / Revenue | 1.8% | 2.1% |
| Cash ConversionOCF / Net Profit | — | -11.04× |
| TTM Free Cash FlowTrailing 4 quarters | $-58.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.3M | — | ||
| Q3 25 | $-15.2M | $-128.0M | ||
| Q2 25 | $-8.7M | $40.3M | ||
| Q1 25 | $-27.9M | $-48.6M | ||
| Q4 24 | $-10.8M | — | ||
| Q3 24 | $-11.2M | — | ||
| Q2 24 | $-15.6M | — | ||
| Q1 24 | $-26.2M | — |
| Q4 25 | $-4.1M | — | ||
| Q3 25 | $-16.1M | $-144.1M | ||
| Q2 25 | $-9.4M | $24.1M | ||
| Q1 25 | $-28.5M | $-59.0M | ||
| Q4 24 | $-11.9M | — | ||
| Q3 24 | $-11.9M | — | ||
| Q2 24 | $-16.9M | — | ||
| Q1 24 | $-27.3M | — |
| Q4 25 | -8.7% | — | ||
| Q3 25 | -48.9% | -19.0% | ||
| Q2 25 | -23.7% | 4.1% | ||
| Q1 25 | -88.8% | -9.4% | ||
| Q4 24 | -21.2% | — | ||
| Q3 24 | -27.6% | — | ||
| Q2 24 | -32.8% | — | ||
| Q1 24 | -69.5% | — |
| Q4 25 | 1.8% | — | ||
| Q3 25 | 2.7% | 2.1% | ||
| Q2 25 | 1.8% | 2.8% | ||
| Q1 25 | 2.0% | 1.6% | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 2.5% | — | ||
| Q1 24 | 2.9% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | -11.04× | ||
| Q2 25 | — | 90.37× | ||
| Q1 25 | — | -3.13× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BIRD
Segment breakdown not available.
CRI
| Sales Channel Directly To Consumer | $362.3M | 48% |
| Sales Channel Through Intermediary | $283.8M | 37% |
| Other | $110.4M | 15% |
| Gift Cards | $1.3M | 0% |
