Earnings Releases·Nov 5, 2026, 4:23 PM ET

BARK — Fiscal Second Quarter 2027 Earnings Summary

Net revenue of $87.6 million exceeded guidance but declined 18.1% year-over-year to $107.0 million, while net loss narrowed to $3.8 million from $10.7 million and Adjusted EBITDA improved to $2.0 million from a $1.4 million loss.
The company reaffirmed full-year fiscal 2027 guidance of $325.0–$340.0 million in net revenue and $7.0–$10.0 million in Adjusted EBITDA, with Q3 revenue guidance set at $88.0–$92.0 million.
Management executed $2.0 million in share repurchases and reached a preliminary understanding to sell BARK Air's assets and license the brand effective January 1, 2027, to redirect capital toward Commerce and supply chain.
Strategic shifts included a planned reduction in marketing spend that lowered the DTC subscriber base but improved retention to 94% and increased Average Order Value to $31.40, while Commerce revenue grew 3.6% year-over-year.