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Side-by-side financial comparison of Allbirds, Inc. (BIRD) and RMR GROUP INC. (RMR). Click either name above to swap in a different company.

RMR GROUP INC. is the larger business by last-quarter revenue ($66.7M vs $47.7M, roughly 1.4× Allbirds, Inc.). RMR GROUP INC. runs the higher net margin — 18.3% vs -41.1%, a 59.3% gap on every dollar of revenue. On growth, RMR GROUP INC. posted the faster year-over-year revenue change (40.8% vs -14.6%).

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.

RMR Group Inc. is a U.S.-headquartered alternative asset management firm specializing in real estate and real estate-related investments. It operates across commercial property, residential real estate, and infrastructure segments, serving institutional investors, high-net-worth individuals, and retail clients across key global markets.

BIRD vs RMR — Head-to-Head

Bigger by revenue
RMR
RMR
1.4× larger
RMR
$66.7M
$47.7M
BIRD
Growing faster (revenue YoY)
RMR
RMR
+55.4% gap
RMR
40.8%
-14.6%
BIRD
Higher net margin
RMR
RMR
59.3% more per $
RMR
18.3%
-41.1%
BIRD

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BIRD
BIRD
RMR
RMR
Revenue
$47.7M
$66.7M
Net Profit
$-19.6M
$12.2M
Gross Margin
37.2%
Operating Margin
-43.5%
48.1%
Net Margin
-41.1%
18.3%
Revenue YoY
-14.6%
40.8%
Net Profit YoY
23.7%
91.1%
EPS (diluted)
$-2.33
$0.71

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.

Revenue
BIRD
BIRD
RMR
RMR
Q4 25
$47.7M
$66.7M
Q3 25
$33.0M
Q2 25
$39.7M
Q1 25
$32.1M
Q4 24
$55.9M
Q3 24
$43.0M
Q2 24
$51.6M
Q1 24
$39.3M
Net Profit
BIRD
BIRD
RMR
RMR
Q4 25
$-19.6M
$12.2M
Q3 25
$-20.3M
Q2 25
$-15.5M
Q1 25
$-21.9M
Q4 24
$-25.7M
Q3 24
$-21.2M
Q2 24
$-19.1M
Q1 24
$-27.3M
Gross Margin
BIRD
BIRD
RMR
RMR
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%
Operating Margin
BIRD
BIRD
RMR
RMR
Q4 25
-43.5%
48.1%
Q3 25
-60.3%
Q2 25
-41.6%
Q1 25
-71.1%
Q4 24
-46.1%
Q3 24
-50.7%
Q2 24
-39.1%
Q1 24
-75.8%
Net Margin
BIRD
BIRD
RMR
RMR
Q4 25
-41.1%
18.3%
Q3 25
-61.6%
Q2 25
-39.1%
Q1 25
-68.1%
Q4 24
-46.0%
Q3 24
-49.3%
Q2 24
-37.1%
Q1 24
-69.5%
EPS (diluted)
BIRD
BIRD
RMR
RMR
Q4 25
$-2.33
$0.71
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
BIRD
BIRD
RMR
RMR
Cash + ST InvestmentsLiquidity on hand
$26.7M
$49.3M
Total DebtLower is stronger
$17.4M
Stockholders' EquityBook value
$35.9M
$232.7M
Total Assets
$109.4M
$687.1M
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIRD
BIRD
RMR
RMR
Q4 25
$26.7M
$49.3M
Q3 25
$23.7M
Q2 25
$33.1M
Q1 25
$39.1M
Q4 24
$66.7M
Q3 24
$78.6M
Q2 24
$87.2M
Q1 24
$102.1M
Total Debt
BIRD
BIRD
RMR
RMR
Q4 25
$17.4M
Q3 25
$12.3M
Q2 25
$5.0M
Q1 25
Q4 24
$0
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BIRD
BIRD
RMR
RMR
Q4 25
$35.9M
$232.7M
Q3 25
$51.9M
Q2 25
$71.4M
Q1 25
$82.8M
Q4 24
$101.7M
Q3 24
$127.3M
Q2 24
$144.0M
Q1 24
$160.3M
Total Assets
BIRD
BIRD
RMR
RMR
Q4 25
$109.4M
$687.1M
Q3 25
$119.9M
Q2 25
$136.8M
Q1 25
$147.3M
Q4 24
$188.9M
Q3 24
$221.9M
Q2 24
$239.5M
Q1 24
$272.4M
Debt / Equity
BIRD
BIRD
RMR
RMR
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
BIRD
BIRD
RMR
RMR
Operating Cash FlowLast quarter
$-3.3M
$10.7M
Free Cash FlowOCF − Capex
$-4.1M
FCF MarginFCF / Revenue
-8.7%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters
$-58.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIRD
BIRD
RMR
RMR
Q4 25
$-3.3M
$10.7M
Q3 25
$-15.2M
Q2 25
$-8.7M
Q1 25
$-27.9M
Q4 24
$-10.8M
Q3 24
$-11.2M
Q2 24
$-15.6M
Q1 24
$-26.2M
Free Cash Flow
BIRD
BIRD
RMR
RMR
Q4 25
$-4.1M
Q3 25
$-16.1M
Q2 25
$-9.4M
Q1 25
$-28.5M
Q4 24
$-11.9M
Q3 24
$-11.9M
Q2 24
$-16.9M
Q1 24
$-27.3M
FCF Margin
BIRD
BIRD
RMR
RMR
Q4 25
-8.7%
Q3 25
-48.9%
Q2 25
-23.7%
Q1 25
-88.8%
Q4 24
-21.2%
Q3 24
-27.6%
Q2 24
-32.8%
Q1 24
-69.5%
Capex Intensity
BIRD
BIRD
RMR
RMR
Q4 25
1.8%
Q3 25
2.7%
Q2 25
1.8%
Q1 25
2.0%
Q4 24
1.8%
Q3 24
1.5%
Q2 24
2.5%
Q1 24
2.9%
Cash Conversion
BIRD
BIRD
RMR
RMR
Q4 25
0.88×
Q3 25
Q2 25
Q1 25
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
BIRD

Segment breakdown not available.

RMR
RMR

Management Service Incentive$23.6M35%
Industrial Logistics Properties Trust$15.1M23%
Managed Private Real Estate Capital$11.1M17%
Office Properties Income Trust$5.6M8%
Other Private Entities$5.3M8%
RMR Residential$3.4M5%
Sonesta International Hotels Corporation$2.1M3%
Investment Advisory Management And Administrative Service$1.2M2%

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