Bark Q1 2025 Earnings Report
Key Takeaways
BARK reported Q1 2025 results with revenue of $116.2 million, a gross margin of 63.0%, and a net loss improvement of 13.9% year-over-year. The company's performance was driven by growth in the commerce segment and improvements in profitability.
Total revenue was $116.2 million, exceeding the high end of the company's guidance range.
Gross margin reached a record 63.0%, marking the seventh consecutive quarter of year-over-year improvement.
Net cash provided by operating activities was $1.8 million, with free cash flow improving by $13.5 million year-over-year to $(0.3) million.
Net loss improved by 13.9% year-over-year to $(10.0) million.
Bark
Bark
Bark Revenue by Segment
Forward Guidance
BARK provides guidance for revenue and Adjusted EBITDA for the fiscal second quarter and full year 2025.
Positive Outlook
- Total revenue of $490 million to $500 million for fiscal year 2025, reflecting year-over-year growth of flat to 2.0%.
- Adjusted EBITDA of $1.0 million to $5.0 million for fiscal year 2025, reflecting a year-over-year improvement of $11.6 million to $15.6 million.
- Total revenue of $123.0 million to $126.0 million for the fiscal second quarter 2025, reflecting year-over-year growth of flat to 2.4%.
- Adjusted EBITDA of $1.0 million to $3.0 million for the fiscal second quarter 2025, reflecting a year-over-year improvement of flat to $2 million.
- Reaffirming full year 2025 guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income