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Sep 30, 2024

Bark Q2 2025 Earnings Report

Reported a 2.5% increase in total revenue year-over-year and a 49.1% improvement in net loss.

Key Takeaways

BARK reported a slight increase in revenue and a significant improvement in net loss. Total revenue reached $126.1 million, a 2.5% increase year-over-year, driven by a 25.6% increase in the commerce segment. Net loss improved by 49.1% to $(5.3) million. Adjusted EBITDA was $3.5 million, a $2.5 million improvement year-over-year.

Total revenue increased by 2.5% year-over-year to $126.1 million, exceeding the company's guidance.

Net loss improved by 49.1% year-over-year, reaching $(5.3) million.

Adjusted EBITDA improved by $2.5 million year-over-year to $3.5 million, also above guidance.

Commerce revenue increased by 25.6% year-over-year.

Total Revenue
$126M
Previous year: $123M
+2.5%
EPS
$0.01
Previous year: -$0.01
-200.0%
Total Orders
3.27K
Previous year: 3.36M
-99.9%
Average Order Value
$30.9
Previous year: $31
-0.4%
DTC Gross Margin
64.8%
Previous year: 64.9%
-0.2%
Gross Profit
$76.1M
Previous year: $75.6M
+0.6%
Cash and Equivalents
$115M
Previous year: $161M
-28.2%
Free Cash Flow
$1M
Previous year: $900K
+11.1%
Total Assets
$302M
Previous year: $369M
-18.3%

Bark

Bark

Bark Revenue by Segment

Forward Guidance

For fiscal year 2025, BARK reaffirms total revenue guidance of $490 million to $500 million and Adjusted EBITDA of $1.0 million to $5.0 million. For the fiscal third quarter 2025, the Company expects total revenue of $123.0 million to $126.0 million and Adjusted EBITDA of $(3.0) million to breakeven.

Positive Outlook

  • Reaffirming total revenue guidance for fiscal year 2025 of $490 million to $500 million.
  • Reaffirming Adjusted EBITDA guidance for fiscal year 2025 of $1.0 million to $5.0 million.
  • Expecting total revenue for fiscal third quarter 2025 of $123.0 million to $126.0 million.
  • Expecting Adjusted EBITDA for fiscal third quarter 2025 of $(3.0) million to breakeven.

Revenue & Expenses

Visualization of income flow from segment revenue to net income