Dog products maker Bark beats Q2 revenue estimates, becomes debt free

Bark

10/11/2025 12:24

Overview

Bark fiscal Q2 revenue exceeds guidance, despite a 15.2% yr/yr decline

Adjusted EBITDA for fiscal Q2 misses analyst expectations

Company repaid convertible notes, becoming debt-free, and extended $35 mln credit line

Outlook

Company expects Q3 revenue between $101 mln and $104 mln

BARK forecasts Q3 adjusted EBITDA between $(5) mln and $(1) mln

Company not providing full-year guidance due to tariff uncertainties

Result Drivers

DEBT REPAYMENT - Bark repaid $45 mln convertible note, becoming debt-free, enhancing financial stability

SUBSCRIBER GROWTH - Efficient subscriber acquisition and improved retention contributed to revenue exceeding guidance

COMMERCE AND AIR GROWTH - Commerce revenue grew 5.6% and BARK Air revenue increased 138%, supporting diversification strategy

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$107 mln
$103.52 mln (3 Analysts)
Q2 Adjusted EPS
-$0.03
Q2 Net Income
-$10.70 mln
Q2 Adjusted EBITDA
Miss
-$1.40 mln
$367,670 (3 Analysts)
Q2 Gross Margin
57.90%
Q2 Gross Profit
$62 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"

Wall Street's median 12-month price target for Bark Inc is $2.00, about 60.5% above its November 7 closing price of $0.79

Press Release: ID:nBw7h44sZa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)