vs
Side-by-side financial comparison of Allbirds, Inc. (BIRD) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $47.7M, roughly 1.5× Allbirds, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -41.1%, a 43.1% gap on every dollar of revenue. On growth, RE/MAX Holdings, Inc. posted the faster year-over-year revenue change (-1.8% vs -14.6%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $-4.1M). Over the past eight quarters, Allbirds, Inc.'s revenue compounded faster (10.1% CAGR vs -4.7%).
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.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
BIRD vs RMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $47.7M | $71.1M |
| Net Profit | $-19.6M | $1.4M |
| Gross Margin | 37.2% | — |
| Operating Margin | -43.5% | 13.1% |
| Net Margin | -41.1% | 2.0% |
| Revenue YoY | -14.6% | -1.8% |
| Net Profit YoY | 23.7% | -75.2% |
| EPS (diluted) | $-2.33 | — |
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 | $71.1M | ||
| Q3 25 | $33.0M | $73.2M | ||
| Q2 25 | $39.7M | $72.8M | ||
| Q1 25 | $32.1M | $74.5M | ||
| Q4 24 | $55.9M | $72.5M | ||
| Q3 24 | $43.0M | $78.5M | ||
| Q2 24 | $51.6M | $78.5M | ||
| Q1 24 | $39.3M | $78.3M |
| Q4 25 | $-19.6M | $1.4M | ||
| Q3 25 | $-20.3M | $4.0M | ||
| Q2 25 | $-15.5M | $4.7M | ||
| Q1 25 | $-21.9M | $-2.0M | ||
| Q4 24 | $-25.7M | $5.8M | ||
| Q3 24 | $-21.2M | $966.0K | ||
| Q2 24 | $-19.1M | $3.7M | ||
| Q1 24 | $-27.3M | $-3.4M |
| 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% | 13.1% | ||
| Q3 25 | -60.3% | 25.0% | ||
| Q2 25 | -41.6% | 19.3% | ||
| Q1 25 | -71.1% | 7.2% | ||
| Q4 24 | -46.1% | 5.9% | ||
| Q3 24 | -50.7% | 19.4% | ||
| Q2 24 | -39.1% | 20.6% | ||
| Q1 24 | -75.8% | 5.8% |
| Q4 25 | -41.1% | 2.0% | ||
| Q3 25 | -61.6% | 5.4% | ||
| Q2 25 | -39.1% | 6.4% | ||
| Q1 25 | -68.1% | -2.6% | ||
| Q4 24 | -46.0% | 8.0% | ||
| Q3 24 | -49.3% | 1.2% | ||
| Q2 24 | -37.1% | 4.7% | ||
| Q1 24 | -69.5% | -4.3% |
| Q4 25 | $-2.33 | — | ||
| Q3 25 | $-2.49 | — | ||
| Q2 25 | $-1.92 | — | ||
| Q1 25 | $-2.73 | — | ||
| 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 | $118.7M |
| Total DebtLower is stronger | $17.4M | $432.2M |
| Stockholders' EquityBook value | $35.9M | $452.4M |
| Total Assets | $109.4M | $582.5M |
| Debt / EquityLower = less leverage | 0.48× | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.7M | $118.7M | ||
| Q3 25 | $23.7M | $107.5M | ||
| Q2 25 | $33.1M | $94.3M | ||
| Q1 25 | $39.1M | $89.1M | ||
| Q4 24 | $66.7M | $96.6M | ||
| Q3 24 | $78.6M | $83.8M | ||
| Q2 24 | $87.2M | $66.1M | ||
| Q1 24 | $102.1M | $82.1M |
| Q4 25 | $17.4M | $432.2M | ||
| Q3 25 | $12.3M | $433.3M | ||
| Q2 25 | $5.0M | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | $0 | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
| Q4 25 | $35.9M | $452.4M | ||
| Q3 25 | $51.9M | $448.1M | ||
| Q2 25 | $71.4M | $442.4M | ||
| Q1 25 | $82.8M | $433.5M | ||
| Q4 24 | $101.7M | $429.5M | ||
| Q3 24 | $127.3M | $423.1M | ||
| Q2 24 | $144.0M | $418.4M | ||
| Q1 24 | $160.3M | $412.0M |
| Q4 25 | $109.4M | $582.5M | ||
| Q3 25 | $119.9M | $582.2M | ||
| Q2 25 | $136.8M | $574.8M | ||
| Q1 25 | $147.3M | $571.4M | ||
| Q4 24 | $188.9M | $581.6M | ||
| Q3 24 | $221.9M | $578.6M | ||
| Q2 24 | $239.5M | $571.4M | ||
| Q1 24 | $272.4M | $566.7M |
| Q4 25 | 0.48× | 0.96× | ||
| Q3 25 | 0.24× | 0.97× | ||
| Q2 25 | 0.07× | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | 0.00× | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
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 | $40.9M |
| Free Cash FlowOCF − Capex | $-4.1M | $33.5M |
| FCF MarginFCF / Revenue | -8.7% | 47.1% |
| Capex IntensityCapex / Revenue | 1.8% | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $-58.2M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.3M | $40.9M | ||
| Q3 25 | $-15.2M | $17.7M | ||
| Q2 25 | $-8.7M | $4.6M | ||
| Q1 25 | $-27.9M | $5.7M | ||
| Q4 24 | $-10.8M | $59.7M | ||
| Q3 24 | $-11.2M | $17.6M | ||
| Q2 24 | $-15.6M | $15.9M | ||
| Q1 24 | $-26.2M | $9.4M |
| Q4 25 | $-4.1M | $33.5M | ||
| Q3 25 | $-16.1M | $16.4M | ||
| Q2 25 | $-9.4M | $2.9M | ||
| Q1 25 | $-28.5M | $4.0M | ||
| Q4 24 | $-11.9M | $53.0M | ||
| Q3 24 | $-11.9M | $16.3M | ||
| Q2 24 | $-16.9M | $14.0M | ||
| Q1 24 | $-27.3M | $6.8M |
| Q4 25 | -8.7% | 47.1% | ||
| Q3 25 | -48.9% | 22.4% | ||
| Q2 25 | -23.7% | 4.0% | ||
| Q1 25 | -88.8% | 5.3% | ||
| Q4 24 | -21.2% | 73.2% | ||
| Q3 24 | -27.6% | 20.8% | ||
| Q2 24 | -32.8% | 17.8% | ||
| Q1 24 | -69.5% | 8.6% |
| Q4 25 | 1.8% | 10.4% | ||
| Q3 25 | 2.7% | 1.8% | ||
| Q2 25 | 1.8% | 2.2% | ||
| Q1 25 | 2.0% | 2.3% | ||
| Q4 24 | 1.8% | 9.1% | ||
| Q3 24 | 1.5% | 1.7% | ||
| Q2 24 | 2.5% | 2.4% | ||
| Q1 24 | 2.9% | 3.3% |
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BIRD
Segment breakdown not available.
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
