Bird Global

Bird runs shared electric scooters and bikes in cities, post-bankruptcy under owner Third Lane Mobility.

Bird survived bankruptcy and turned a small profit, but it now fights a much bigger, better-funded Lime for the same city contracts with a thinner cushion.

Bird rents electric scooters in cities across the US. It just escaped bankruptcy in 2024 and claims it turned profitable that year, though the numbers have not been officially audited yet. The hard part is that cities issue permits and contracts to only one or two scooter companies, and Lime (the market leader with roughly 40 percent of all scooter riders) is bigger, better-funded, and actively bidding for the same city contracts Bird holds. Nothing stops Lime from simply winning a city's contract away from Bird when the permit comes up for renewal. AI and computer vision for parking compliance are not a real threat because all scooter companies, including Bird and Lime, already use equivalent technology from vendors, so Bird cannot gain an advantage there. The biggest question is whether Bird's parent company can raise the money it needs for 2026 and whether the company can stay profitable as its scooters get older and need replacing, plus whether it can survive injury lawsuits pending in Los Angeles, Long Beach, and San Diego.

• Bird sold via ~$145M credit-bid sale after Chapter 11 (2024-04-23)
• 2024 gross bookings ~$200M, adjusted EBITDA ~$19M (unaudited) (2024-12-31)
• Lime 2025 revenue $886.7M vs Bird's much smaller footprint (2026-05-01)

• May 2026 injury-lawsuit adversary trials in LA, Long Beach, San Diego could impose new liabilities. Severity: high
• Capital scarcity vs IPO-bound Lime limits Bird's ability to contest municipal RFPs. Severity: high
• Post-2024 financial figures are company-reported and unaudited with no SEC verification. Severity: medium
• City count has fallen from 350-400 peak to 200+ as of January 2026, signaling contract losses. Severity: high

Is Bird Global profitable in 2026?

Bird's parent Third Lane Mobility reported its first profitable year in 2024, with over $200 million gross bookings and $19.2 million Adjusted EBITDA, cash-flow positive per company statements dated 2025-02-20. These figures are company-reported and unaudited, as Bird is now private with no SEC filings.

Did Bird Global go bankrupt?

Yes. Bird Global filed Chapter 11 bankruptcy on December 20, 2023, after being delisted from the NYSE in September 2023. It emerged from bankruptcy on April 4, 2024 as the anchor brand of new private parent Third Lane Mobility Inc, following a roughly $145 million credit-bid asset sale.

Who owns Bird scooters now?

Bird is privately owned by Third Lane Mobility Inc, a company founded in 2024 and headquartered in West Hollywood, California, which acquired Bird's assets through a lender-backed Section 363 bankruptcy sale valued around $145 million, effective April 2024.

Could AI replace Bird Global's business model?

No frontier AI lab threatens Bird's core scooter-sharing model as of 2026. Bird's own Visual Parking System, launched March 2025, uses commoditized computer-vision tech for parking compliance, similar to vendor tools from Drover, Luna, and Segway, but does not replace the physical fleet and city-permit business.

Who is Bird Global's biggest competitor?

Lime is Bird's biggest competitor, filing an S-1 with the SEC on May 7, 2026 disclosing $886.7 million in 2025 revenue, up 29% year over year, and pursuing a Nasdaq IPO implying a valuation of roughly $1.5 to 1.7 billion, while Bird operates in only about 200 cities as of January 2026.

Is Bird Global publicly traded?

No. Bird went public via SPAC merger in November 2021 under ticker BRDS, was delisted from the NYSE in September 2023, and filed Chapter 11 in December 2023. It has operated as a private company under parent Third Lane Mobility since emerging from bankruptcy in April 2024.

• 2026-05-07Lime files Nasdaq S-1 disclosing $886.7M FY2025 revenue, direct pressure on Bird's category
• 2026-01-22Third Lane Mobility raises $20M tranche to deploy 35,000 more vehicles for Bird/Spin
• 2025-03-11Bird launches Visual Parking System, a computer-vision parking compliance feature
• 2025-02-20Third Lane Mobility reports 2024 as first profitable year: $200M+ bookings, $19.2M Adj EBITDA
• 2024-09-17Bird's bankruptcy liquidating plan becomes effective
• 2024-04-04Bird emerges from Chapter 11 as anchor brand of new parent Third Lane Mobility Inc
• 2023-12-20Bird Global files Chapter 11 bankruptcy in Miami with $25M DIP financing from Apollo
• 2023-09-01Bird acquires rival Spin from Tier for $19 million
• 2021-11Bird goes public via SPAC merger on the NYSE under ticker BRDS

• Electric scooter company Bird files for bankruptcy (2023-12-20)
• Electric scooter maker Bird files for bankruptcy (2023-12-20)
• Bird Successfully Emerges from Bankruptcy (2024-04-04)
• Distressed Scooter Giant Bird Global Sold to Third Lane Mobility for $145 Million (2025-03-01)
• SPAC Scooter Operator Liquidating Plan (2026-03-16)
• Bird attracted $500m in venture capital (2023-12-21)
• Third Lane Mobility Portfolio Investments (2026-01-22)
• Third Lane Mobility... Announces $20M Capital Raise (2026-01-22)
• Third Lane Mobility... $204 Million in Gross Bookings (2025-02-20)
• Bird Global
• BDT stock stays supported... Bird Global restructuring (2026-07-21)
• Bird and Spin raise $20m to deploy 35,000 vehicles (2026-01-23)