BARK

MKT CAP:$82M

BARK, Inc.

Market Cap

$82M

Consumer Cyclical·Specialty Retail·🇺🇸 United States·NYSE

Consumer Cyc.·Specialty Retail·🇺🇸·NYSE

Stock Price

$9.53+$8.95 (+1551.07%)

Apr 23, 2026

Company Details

BARK Inc., a dog-centric company, provides products, services, and content for dogs. It operates in two segments, Direct to Consumer and Commerce. The company serves dogs through monthly subscription services. It is also involved in the des...

CEO

Matt Meeker

IPO Date

Dec 18, 2020

Website

bark.co

Key Metrics TTM

Revenue

$424M

-13.6% YoY

Net Income

-$32M

EPS (Diluted)

-$0.19

Free Cash Flow

-$36M

Revenue / Share

$2.46

Gross Margin

61.1%

Operating Margin

-8.1%

Net Margin

-7.7%

FCF Margin

-8.6%

P/S

0.2x

P/E

—

Earnings Reports

Q3 2026

Feb 5, 2026

$98M-22.1%EPS -$0.05

Q2 2026

Nov 10, 2025

$107M-15.2%EPS -$0.06

Q1 2026

Aug 7, 2025

$103M-11.5%EPS -$0.04

FY 2025

Jun 4, 2025

$484M-1.2%EPS -$0.19

Q4 2025

Jun 4, 2025

$115M-5.0%EPS -$0.03

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 22	$129M	$64M	-$35M
Q1 23	$131M	$76M	-$20M
Q2 23	$144M	$80M	-$9M
Q3 23	$134M	$80M	-$22M
Q4 23	$126M	$72M	-$13M
Q1 24	$121M	$73M	-$14M
Q2 24	$123M	$76M	-$11M
Q3 24	$125M	$77M	-$14M
Q4 24	$121M	$76M	-$6M
Q1 25	$116M	$73M	-$11M
Q2 25	$126M	$76M	-$6M
Q3 25	$126M	$79M	-$12M
Q4 25	$115M	$73M	-$7M
Q1 26	$103M	$64M	-$8M
Q2 26	$107M	$62M	-$11M
Q3 26	$98M	$59M	-$9M

Valuation

Quarter	P/S	P/E
Q4 22	0.2x	—
Q1 23	0.2x	—
Q2 23	0.2x	—
Q3 23	0.2x	—
Q4 23	0.2x	—
Q1 24	0.2x	—
Q2 24	0.2x	—
Q3 24	0.2x	—
Q4 24	0.2x	—
Q1 25	0.2x	—
Q2 25	0.2x	—
Q3 25	0.2x	—
Q4 25	0.2x	—
Q1 26	0.2x	—
Q2 26	0.2x	—
Q3 26	0.2x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 22	-$26M	-$29M
Q1 23	-$17M	-$22M
Q2 23	-$2M	-$12M
Q3 23	$5M	$331.0K
Q4 23	$19M	$17M
Q1 24	-$11M	-$14M
Q2 24	$3M	$864.0K
Q3 24	$15M	$13M
Q4 24	-$1M	-$3M
Q1 25	$2M	-$251.0K
Q2 25	$3M	$966.0K
Q3 25	-$1M	-$2M
Q4 25	-$10M	-$12M
Q1 26	-$5M	-$6M
Q2 26	-$18M	-$20M
Q3 26	$2M	$2M

Capital Expenditures

Quarter	CapEx
Q4 22	$4M
Q1 23	$5M
Q2 23	$9M
Q3 23	$5M
Q4 23	$2M
Q1 24	$3M
Q2 24	$2M
Q3 24	$2M
Q4 24	$2M
Q1 25	$2M
Q2 25	$2M
Q3 25	$577.0K
Q4 25	$2M
Q1 26	$708.0K
Q2 26	$2M
Q3 26	$143.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 22	+14.8%	+41.0%
Q1 23	+11.5%	+12.5%
Q2 23	+19.7%	+12.8%
Q3 23	-4.6%	-7.0%
Q4 23	-2.2%	-15.2%
Q1 24	-8.1%	-11.0%
Q2 24	-14.4%	-12.3%
Q3 24	-6.9%	-10.9%
Q4 24	-3.6%	-7.8%
Q1 25	-3.6%	-5.8%
Q2 25	+2.5%	-1.7%
Q3 25	+1.1%	-0.3%
Q4 25	-5.0%	-4.6%
Q1 26	-11.5%	-12.3%
Q2 26	-15.2%	-10.8%
Q3 26	-22.1%	-22.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 22	$7M	5.3%
Q1 23	$4M	3.3%
Q2 23	$4M	2.7%
Q3 23	$4M	2.7%
Q4 23	$3M	2.3%
Q1 24	$3M	2.7%
Q2 24	$4M	3.0%
Q3 24	$4M	2.9%
Q4 24	$2M	2.0%
Q1 25	$3M	2.5%
Q2 25	$3M	2.3%
Q3 25	$4M	3.1%
Q4 25	$3M	2.6%
Q1 26	$4M	3.5%
Q2 26	$0	0.0%
Q3 26	$7M	7.4%

OpEx Breakdown

Quarter	G&A	S&M
Q4 22	$86M	$13M
Q1 23	$80M	$16M
Q2 23	$74M	$15M
Q3 23	$80M	$22M
Q4 23	$70M	$14M
Q1 24	$33M	$54M
Q2 24	$34M	$52M
Q3 24	$31M	$61M
Q4 24	$64M	$19M
Q1 25	$63M	$20M
Q2 25	$63M	$19M
Q3 25	$64M	$27M
Q4 25	$63M	$17M
Q1 26	$57M	$15M
Q2 26	$57M	$15M
Q3 26	$52M	$16M

Revenue Segments

Quarter	Commerce Segment	Direct To Consumer Segment
Q4 22	$11M	$118M
Q1 23	$13M	$118M
Q2 23	$26M	$118M
Q3 23	$14M	$120M
Q4 23	$10M	$116M
Q1 24	$9M	$112M
Q2 24	$19M	$104M
Q3 24	$14M	$111M
Q4 24	$12M	$109M
Q1 25	$9M	$107M
Q2 25	$24M	$103M
Q3 25	$20M	$106M
Q4 25	$15M	$100M
Q1 26	$14M	$89M
Q3 26	$19M	$80M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$199M	$0	$199M
Q1 23	$177M	$0	$177M
Q2 23	$169M	$0	$169M
Q3 23	$164M	$0	$164M
Q4 23	$178M	$0	$178M
Q1 24	$164M	$0	$164M
Q2 24	$161M	$0	$161M
Q3 24	$131M	$0	$131M
Q4 24	$125M	$0	$125M
Q1 25	$118M	$0	$118M
Q2 25	$115M	$0	$115M
Q3 25	$115M	$0	$115M
Q4 25	$94M	$0	$94M
Q1 26	$85M	$0	$85M
Q2 26	$69M	$0	$69M
Q3 26	$27M	$0	$27M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 22	174M	+0.9%	+4.5%
Q1 23	175M	+0.7%	+61.4%
Q2 23	176M	+0.6%	-0.3%
Q3 23	178M	+0.7%	+3.0%
Q4 23	178M	+0.1%	+2.1%
Q1 24	178M	-0.1%	+1.2%
Q2 24	177M	-0.4%	+0.3%
Q3 24	176M	-0.8%	-1.2%
Q4 24	175M	-0.0%	-1.4%
Q1 25	176M	+0.0%	-1.2%
Q2 25	175M	-0.3%	-1.1%
Q3 25	176M	+0.3%	+0.0%
Q4 25	175M	-0.4%	-0.3%
Q1 26	169M	-3.3%	-3.6%
Q2 26	171M	+0.9%	-2.5%
Q3 26	172M	+1.0%	-1.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 22	$200.4K	643
Q1 23	$204.0K	643
Q2 23	$223.7K	643
Q3 23	$208.9K	643
Q4 23	$140.0K	900
Q1 24	$134.0K	900
Q2 24	$136.7K	900
Q3 24	$139.0K	900
Q4 24	$171.6K	708
Q1 25	$164.1K	708
Q2 25	$178.1K	708
Q3 25	$178.6K	708
Q4 25	$167.0K	691
Q1 26	$148.9K	691
Q2 26	$154.8K	691
Q3 26	$142.5K	691

Revenue / Employee