Executive Summary
BARK Inc reported a revenue of $116.2 million in Q1 2025, demonstrating a year-over-year decrease of 3.63% and a quarter-over-quarter decline of 4.34%. Despite these drops, gross profit margins improved significantly, reaching 63%, up from 60.5% YoY. Adjusted EBITDA loss narrowed to $1.8 million, reflecting a $5.6 million improvement from the previous year. Management highlighted strong new customer acquisition trends and improvement in operational efficiencies as pivotal for future growth, with expectations for positive adjusted EBITDA by year-end. The outlook remains optimistic as BARK continues to navigate challenges in a tough consumer environment, capitalizing on new marketing strategies and product launches.
Key Performance Indicators
Revenue
116.21M
QoQ: -4.34% | YoY:-3.63%
Gross Profit
70.39M
60.57% margin
QoQ: -6.95% | YoY:-3.63%
Operating Income
-10.59M
QoQ: -64.19% | YoY:24.36%
Net Income
-10.04M
QoQ: -104.79% | YoY:13.92%
EPS
-0.06
QoQ: -105.02% | YoY:12.80%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue:** $116.2 million, YoY decline of 3.63%
- **Gross Profit:** $70.4 million, gross margin improved to 63%
- **Operating Income:** -$10.6 million, reflecting management's ongoing efforts to control costs.
- **Net Income:** -$10 million (EPS: -$0.0572)
- **Adjusted EBITDA:** -$1.8 million, 76% improvement YoY.