Allbirds, Inc. (BIRD) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 15, 2026

Risk Assessment Details

Potential Dilution: 50.02% of current shares
Recent Dilution: 16.73% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
6.3M
Potential Supply
3.1M
Additional shares possible
Splits
1 Split 1 Reverse
Past 2 years

Summary

BIRD currently has 6.27M outstanding shares. with significant dilution risk as 3.14M authorized shares could dilute existing holders by 50.0%. The company has diluted shareholders by 16.73% over the past 2 years through share issuances. Recent corporate actions include 1 stock split (positive for accessibility) and 1 reverse split (concerning signal).

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 15, 2026

10-Q filing | 6.3M shares outstanding

6.3M 3.1M
Mar 31, 2026

10-K filing | 6.2M shares outstanding

6.2M 3.1M
Jun 30, 2025

S-3 filing: The company is filing an S-3 to offer and sell up to $100,000,000 in the aggregate of Class A Common Stock, Preferred Stock, and Debt Securities from time to time in one or more offerings.

5.5M 3.1M
May 09, 2025

10-Q filing | 5.5M shares outstanding

5.5M 700K
Mar 12, 2025

10-K filing | 5.5M shares outstanding

5.5M 700K
Nov 07, 2024

10-Q filing | 5.4M shares outstanding

5.4M 700K
Sep 04, 2024
Stock Split

8-K filing: Stock split 1-for-20 | Outstanding: 106,888,551 → 5,344,427

5.3M 700K
Aug 08, 2024

10-Q filing | 106.9M shares outstanding

110M 14M
May 09, 2024

10-Q filing | 103.3M shares outstanding

100M 14M
Mar 13, 2024

10-K filing | 102.6M shares outstanding

100M 14M
Nov 09, 2023

10-Q filing | 100.3M shares outstanding

100M 14M
Aug 09, 2023

10-Q filing | 99.4M shares outstanding

99M 14M
May 10, 2023

10-Q filing | 97.7M shares outstanding

98M 14M
Mar 10, 2023

10-K filing | 97.2M shares outstanding

97M 14M
Nov 09, 2022

10-Q filing | 96.2M shares outstanding

96M 14M
Aug 09, 2022

10-Q filing | 95.8M shares outstanding

96M 14M
May 11, 2022

10-Q filing | 93.6M shares outstanding

94M 14M
Mar 16, 2022

10-K filing | 80.5M shares outstanding

81M 14M
Dec 07, 2021

10-Q filing | 25.2M shares outstanding

25M 14M
Oct 25, 2021

S-1/A filing: This S-1/A filing describes an initial public offering of Class A common stock. The company intends to list its Class A common stock on The Nasdaq Stock Market under the symbol "BIRD."

130M 14M
Oct 04, 2021

S-1/A filing: This is an S-1/A filing for an initial public offering of Class A common stock. The company intends to list its Class A common stock on The Nasdaq Stock Market under the symbol "BIRD."

130M 0
Sep 27, 2021

S-1/A filing: This S-1/A filing outlines a proposed IPO to increase capitalization and financial flexibility, creating a public market for Class A common stock, with net proceeds intended for general corporate purposes.

130M 0
Sep 15, 2021

S-1/A filing: This is an S-1/A filing for an initial public offering (IPO) of Allbirds' Class A common stock, structured as a Sustainable Public Equity Offering (SPO).

N/A 0
Aug 31, 2021

S-1 filing: This S-1 filing describes Allbirds' plan to conduct a Sustainable Public Equity Offering (SPO), a framework designed to incorporate ESG criteria into the IPO process, with a focus on environmental, social, and governance factors.

N/A 0
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime