Filing Flows

Filing Flows › Smartbird (BIRD) › Q1 2026 › vs Q4 2025

Smartbird (BIRD) Q1 2026 vs Q4 2025 (quarter over quarter)

Smartbird's revenue fell $25.4M (-53%) from $47.7M in Q4 2025 to $22.3M in Q1 2026.

Smartbird, Q1 2026: revenue $22.3M (-30% year over year), operating margin -98.6%, net loss $20.7M, operating cash flow −$12.1M. The chart draws each line against Q4 2025, the increases inside each band.

Smartbird: what changed, Q1 2026 vs Q4 2025Smartbird: what changed, Q1 2026 vs Q4 2025Costs & expenses−$24.2MOperating costs−$24.1MCost of revenue−$13.8MCash used in operations$8.8MOther operating costs−$7.6MWorking capital & other−$6.1MSG&A−$2.6MNet loss$1.1MOperating cash sources$1.1MNet loss absorbed$1.1M

Every line

LineQ1 2026Q4 2025Change%
Revenue$22.3M$47.7M−$25.4M-53%
Other income, net$1.4M$1.3M$54K+4%
Net loss$20.7M$19.6M$1.1M+6%
Costs & expenses$44.4M$68.6M−$24.2M-35%
Operating costs$44.3M$68.4M−$24.1M-35%
Income tax$79K$174K−$95K-55%
Cost of revenue$16.1M$29.9M−$13.8M-46%
SG&A$18.8M$21.4M−$2.6M-12%
Other operating costs$9.4M$17.0M−$7.6M-45%
Operating cash sources$20.7M$19.6M$1.1M+6%
Depreciation & amortization$1.4M$2.3M−$924K-40%
Share-based compensation$1.2M$1.8M−$642K-36%
Working capital & other$6.1M$12.2M−$6.1M-50%
Cash used in operations$12.1M$3.3M$8.8M+269%
Net loss absorbed$20.7M$19.6M$1.1M+6%

Questions

How much did Smartbird's revenue grow quarter over quarter in Q1 2026?

Smartbird's revenue fell $25.4M (-53%) from $47.7M in Q4 2025 to $22.3M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →