Smartbird, Inc
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $21.6M
- Price
- $2.45
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.81%
- Volume
- 529.9K
About
Smartbird, Inc. is a global lifestyle brand that innovates with naturally derived materials to make footwear and apparel products in a better way, while treading lighter on the planet. It offers Men's Shoes, Women's Shoes, Men's Apparel, Women's Apparel, Socks, and Gift Cards. The company was founded by Timothy Brown and Joseph Zev Zwillinger on May 6, 2015 and is headquartered in San Francisco, CA.
Quick stats
Shares outstanding8.8M
Computed float5.6M
Float / shares63.7%
Key info
SectorConsumer Cyclical
IndustryApparel - Footwear & Accessories
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001653909
Websitehttps://www.smartbird.com
AI Summary
AI-generated1/22
standardbullishoperations update
Letter to Shareholders from Smartbird CEO Nadia Carlsten
Smartbird (formerly Allbirds) CEO Nadia Carlsten detailed the company's strategic pivot to AI infrastructure, confirming the divestiture of its footwear assets and a focus on enterprise needs.
As of June 30, 2026, the company holds access to over $200 million in capital through cash, a convertible facility, and an ATM program to fund its growth plans.
The firm aims to differentiate from hyperscalers by offering dedicated, managed infrastructure for enterprises requiring specific control over their AI workloads.
Red flags
- Complete business model pivot from footwear to AI infrastructure entails significant execution risk
- Q2 2026 results reflect discontinued operations, indicating legacy revenue streams have been exited
- High capital intensity of AI infrastructure sector suggests rapid burn of available cash