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Side-by-side financial comparison of Allbirds, Inc. (BIRD) and READING INTERNATIONAL INC (RDI). Click either name above to swap in a different company.
READING INTERNATIONAL INC is the larger business by last-quarter revenue ($50.3M vs $47.7M, roughly 1.1× Allbirds, Inc.). READING INTERNATIONAL INC runs the higher net margin — -5.1% vs -41.1%, a 36.0% gap on every dollar of revenue. On growth, READING INTERNATIONAL INC posted the faster year-over-year revenue change (-14.2% vs -14.6%). READING INTERNATIONAL INC produced more free cash flow last quarter ($4.1M vs $-4.1M). Over the past eight quarters, Allbirds, Inc.'s revenue compounded faster (10.1% CAGR vs 5.6%).
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.
The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.
BIRD vs RDI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $47.7M | $50.3M |
| Net Profit | $-19.6M | $-2.6M |
| Gross Margin | 37.2% | — |
| Operating Margin | -43.5% | -1.9% |
| Net Margin | -41.1% | -5.1% |
| Revenue YoY | -14.6% | -14.2% |
| Net Profit YoY | 23.7% | -14.5% |
| EPS (diluted) | $-2.33 | $-0.11 |
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 | $50.3M | ||
| Q3 25 | $33.0M | $52.2M | ||
| Q2 25 | $39.7M | $60.4M | ||
| Q1 25 | $32.1M | $40.2M | ||
| Q4 24 | $55.9M | $58.6M | ||
| Q3 24 | $43.0M | $60.1M | ||
| Q2 24 | $51.6M | $46.8M | ||
| Q1 24 | $39.3M | $45.1M |
| Q4 25 | $-19.6M | $-2.6M | ||
| Q3 25 | $-20.3M | $-4.2M | ||
| Q2 25 | $-15.5M | $-2.7M | ||
| Q1 25 | $-21.9M | $-4.8M | ||
| Q4 24 | $-25.7M | $-2.2M | ||
| Q3 24 | $-21.2M | $-7.0M | ||
| Q2 24 | $-19.1M | $-12.8M | ||
| Q1 24 | $-27.3M | $-13.2M |
| Q4 25 | 37.2% | — | ||
| Q3 25 | 43.2% | — | ||
| Q2 25 | 40.7% | — | ||
| Q1 25 | 44.8% | — | ||
| Q4 24 | 31.3% | — | ||
| Q3 24 | 44.4% | — | ||
| Q2 24 | 50.5% | — | ||
| Q1 24 | 46.9% | — |
| Q4 25 | -43.5% | -1.9% | ||
| Q3 25 | -60.3% | -0.6% | ||
| Q2 25 | -41.6% | 4.8% | ||
| Q1 25 | -71.1% | -17.2% | ||
| Q4 24 | -46.1% | 2.6% | ||
| Q3 24 | -50.7% | -0.6% | ||
| Q2 24 | -39.1% | -16.4% | ||
| Q1 24 | -75.8% | -16.7% |
| Q4 25 | -41.1% | -5.1% | ||
| Q3 25 | -61.6% | -8.0% | ||
| Q2 25 | -39.1% | -4.4% | ||
| Q1 25 | -68.1% | -11.8% | ||
| Q4 24 | -46.0% | -3.8% | ||
| Q3 24 | -49.3% | -11.7% | ||
| Q2 24 | -37.1% | -27.4% | ||
| Q1 24 | -69.5% | -29.4% |
| Q4 25 | $-2.33 | $-0.11 | ||
| Q3 25 | $-2.49 | $-0.18 | ||
| Q2 25 | $-1.92 | $-0.12 | ||
| Q1 25 | $-2.73 | $-0.21 | ||
| Q4 24 | $-3.22 | $-0.11 | ||
| Q3 24 | $-2.68 | $-0.31 | ||
| Q2 24 | $-2.45 | $-0.57 | ||
| Q1 24 | $-3.52 | $-0.59 |
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 | $10.5M |
| Total DebtLower is stronger | $17.4M | $185.1M |
| Stockholders' EquityBook value | $35.9M | $-18.2M |
| Total Assets | $109.4M | $434.9M |
| Debt / EquityLower = less leverage | 0.48× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.7M | $10.5M | ||
| Q3 25 | $23.7M | $8.1M | ||
| Q2 25 | $33.1M | $9.1M | ||
| Q1 25 | $39.1M | $5.9M | ||
| Q4 24 | $66.7M | $12.4M | ||
| Q3 24 | $78.6M | $10.1M | ||
| Q2 24 | $87.2M | $9.3M | ||
| Q1 24 | $102.1M | $7.5M |
| Q4 25 | $17.4M | $185.1M | ||
| Q3 25 | $12.3M | — | ||
| Q2 25 | $5.0M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $35.9M | $-18.2M | ||
| Q3 25 | $51.9M | $-12.1M | ||
| Q2 25 | $71.4M | $-7.7M | ||
| Q1 25 | $82.8M | $-8.1M | ||
| Q4 24 | $101.7M | $-4.4M | ||
| Q3 24 | $127.3M | $1.6M | ||
| Q2 24 | $144.0M | $6.5M | ||
| Q1 24 | $160.3M | $18.0M |
| Q4 25 | $109.4M | $434.9M | ||
| Q3 25 | $119.9M | $435.2M | ||
| Q2 25 | $136.8M | $438.1M | ||
| Q1 25 | $147.3M | $441.0M | ||
| Q4 24 | $188.9M | $471.0M | ||
| Q3 24 | $221.9M | $495.7M | ||
| Q2 24 | $239.5M | $494.9M | ||
| Q1 24 | $272.4M | $494.9M |
| 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 | $4.3M |
| Free Cash FlowOCF − Capex | $-4.1M | $4.1M |
| FCF MarginFCF / Revenue | -8.7% | 8.2% |
| Capex IntensityCapex / Revenue | 1.8% | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-58.2M | $-2.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.3M | $4.3M | ||
| Q3 25 | $-15.2M | $295.0K | ||
| Q2 25 | $-8.7M | $1.6M | ||
| Q1 25 | $-27.9M | $-7.7M | ||
| Q4 24 | $-10.8M | $8.0M | ||
| Q3 24 | $-11.2M | $1.3M | ||
| Q2 24 | $-15.6M | $-10.4M | ||
| Q1 24 | $-26.2M | $-2.8M |
| Q4 25 | $-4.1M | $4.1M | ||
| Q3 25 | $-16.1M | $-246.0K | ||
| Q2 25 | $-9.4M | $1.2M | ||
| Q1 25 | $-28.5M | $-8.0M | ||
| Q4 24 | $-11.9M | $7.0M | ||
| Q3 24 | $-11.9M | $-1.1M | ||
| Q2 24 | $-16.9M | $-10.6M | ||
| Q1 24 | $-27.3M | $-4.7M |
| Q4 25 | -8.7% | 8.2% | ||
| Q3 25 | -48.9% | -0.5% | ||
| Q2 25 | -23.7% | 1.9% | ||
| Q1 25 | -88.8% | -19.8% | ||
| Q4 24 | -21.2% | 12.0% | ||
| Q3 24 | -27.6% | -1.8% | ||
| Q2 24 | -32.8% | -22.7% | ||
| Q1 24 | -69.5% | -10.4% |
| Q4 25 | 1.8% | 0.3% | ||
| Q3 25 | 2.7% | 1.0% | ||
| Q2 25 | 1.8% | 0.6% | ||
| Q1 25 | 2.0% | 0.6% | ||
| Q4 24 | 1.8% | 1.7% | ||
| Q3 24 | 1.5% | 4.0% | ||
| Q2 24 | 2.5% | 0.5% | ||
| Q1 24 | 2.9% | 4.3% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BIRD
Segment breakdown not available.
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
