BARK Inc (BARK-WT) Q2 2026 Earnings Report

BARK Inc reported Q2 2026 (calendar quarter ended 2026) revenue of $106.97 million, up 3.99% quarter-over-quarter but down 15.18% year-over-year. The gross profit was $61.96 million with a gross margin of 57.9%, while the company posted an operating loss of $10.66 million and a net loss of $10.67 million, translating to an EPS of -$0.06. The earnings mix suggests ongoing investments in customer acquisition and operating scale are pressuring near-term profitability, despite a relatively healthy gross margin and improving top-line trajectory versus the prior quarter. In addition, cash burn persisted with operating cash flow of -$18.07 million and free cash flow of -$19.93 million, even as cash and cash equivalents stood at $63.43 million and total debt at $82.57 million, resulting in a net debt position of $19.14 million as reported. The balance sheet remains liquidity-rich relative to near-term obligations, supported by a sizeable cash cushion and a manageable debt burden, but the company faces a challenging path to sustained profitability absent margin expansion or meaningful cost discipline.