Allbirds (Allbirds) Gross Margin % : 38.03% (As of Dec. 2023)

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What is Allbirds Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Allbirds's Gross Profit for the three months ended in Dec. 2023 was $27.4 Mil. Allbirds's Revenue for the three months ended in Dec. 2023 was $72.0 Mil. Therefore, Allbirds's Gross Margin % for the quarter that ended in Dec. 2023 was 38.03%.

The historical rank and industry rank for Allbirds's Gross Margin % or its related term are showing as below:

BIRD' s Gross Margin % Range Over the Past 10 Years
Min: 41.03 Med: 51.03 Max: 52.86
Current: 41.03

During the past 5 years, the highest Gross Margin % of Allbirds was 52.86%. The lowest was 41.03%. And the median was 51.03%.

BIRD's Gross Margin % is ranked better than
57.63% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.46 vs BIRD: 41.03

Allbirds had a gross margin of 38.03% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Allbirds was 0.00% per year.

Allbirds Gross Margin % Historical Data

The historical data trend for Allbirds's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Allbirds Gross Margin % Chart

Allbirds Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

51.03

51.41

52.86

43.53

41.03

Allbirds Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial											43.13	40.14	42.78	43.49	38.03

Competitive Comparison of Allbirds's Gross Margin %

For the Apparel Retail subindustry, Allbirds's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Allbirds's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Allbirds's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Allbirds's Gross Margin % falls into.

Allbirds Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Allbirds's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	104.2	/	254.065
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(254.065 - 149.833)	/	254.065
	=	41.03 %

Allbirds's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	27.4	/	71.99
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(71.99 - 44.615)	/	71.99
	=	38.03 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Allbirds (NAS:BIRD) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Allbirds had a gross margin of 38.03% for the quarter that ended in Dec. 2023 => Competition eroding margins

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Allbirds Gross Margin % Related Terms

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Allbirds (Allbirds) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Allbirds Inc (NAS:BIRD) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

730 Montgomery Street, San Francisco, CA, USA, 94111

Website

https://www.allbirds.com

Allbirds Inc is a lifestyle brand that innovates with naturally derived materials to make footwear and apparel products in a better way, while treading lighter on the planet. Its primary source of revenue is from sales of shoes and apparel products. The majority of the revenue is derived from United States.

Executives

Joseph Vernachio	officer: Chief Operating Officer	C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Ann Mitchell	officer: Chief Financial Officer	C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Dan Levitan	director, 10 percent owner	505 FIFTH AVE S, STE 600, SEATTLE WA 98104
Michael J Bufano	officer: Chief Financial Officer	C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Joseph Zwillinger	director, 10 percent owner, officer: Co-Chief Executive Officer	C/O BIG SKY GROWTH PARTNERS, INC., 1201 WESTERN AVENUE, SUITE 406, SEATTLE WA 98101
Ann Freeman	director	C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Timothy O. Brown	director, 10 percent owner, officer: Co-Chief Executive Officer	C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Sachs International Goldman	10 percent owner	PLUMTREE COURT, 25 SHOE LANE, LONDON X0 EC4A 4AU
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Maveron Equity Partners V, L.p.	10 percent owner	411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Maveron General Partner V, Llc	10 percent owner	411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Maveron V Entrepreneurs' Fund, L.p.	10 percent owner	411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Mep Associates V, L.p.	10 percent owner	411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Neil Harris Blumenthal	director	C/O WARBY PARKER INC., 233 SPRING STREET, 6TH FLOOR, NEW YORK NY 10013