Bark, Inc.

Listed Company

BARKCIK 0001819574NYSEAcceleratedSmaller ReportingRetail-Retail Stores, NecFY ends Mar 31

Period

FY 2025

Revenue

$484.18M

Net Income

$-32.90M

Total Assets

$260.63M

Equity

$99.53M

Shares Out

172.83M

Op. Cash Flow

$-7.08M

Business

Bark, Inc. is an omnichannel consumer brand that designs, develops, and sells proprietary dog products and services focused on personalization for individual dogs. It offers toys and accessories, subscription boxes, and a growing consumables portfolio including treats, kibble, toppers, supplements, and dental products, along with premium services such as BARK Air. The company operates two business segments—Direct-to-Consumer and commerce—with subscriptions and services principally in the DTC segment and retail and e-tail sales in the commerce segment. BARK sells primarily in the U.S. through its unified online platform and a network of retail and marketplace partners, using third-party manufacturers and logistics providers for production and distribution.

Summary from filing dated 2025-06-04

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31	FY 2021 2021-03-31
REVENUE	484	490	535	507	379
COST OF REVENUE	182	188	227	—	—
Gross profit	302	302	308	282	226
Advertising and marketing	84	79	69	74	67
General and administrative	253	268	303	302	180
Total operating expenses	337	348	372	376	247
LOSS FROM OPERATIONS	−35	−46	−64	−94	−21
INTEREST INCOME	5	8	1	0	—
INTEREST EXPENSE	−3	−4	−5	—	—
OTHER INCOMENET	132,000	5	7	31	131,000
NET LOSS BEFORE INCOME TAXES	−33	−37	−62	−68	−31
PROVISION FOR INCOME TAXES	0	0	0	0	0
NET LOSS AND COMPREHENSIVE LOSS	−33	−37	−62	−68	−31
NET LOSS AND COMPREHENSIVE LOSS	−33	−37	−62	−68	−31
Net loss per common share attributable to common stockholders - basic (in USD per share)	−0.19	−0.21	−0.35	−0.44	−0.68
Net loss common per share attributable to common stockholders - diluted (in USD per share)	−0.19	−0.21	−0.35	−0.44	−0.68
Weighted average common shares used to compute net loss per share attributable to common stockholders - basic (in shares)	174	177	177	156	46
Weighted average common shares used to compute net loss per share attributable to common stockholders - diluted (in shares)	174	177	177	156	46

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31	FY 2021 2021-03-31
Cash and cash equivalents	94	125	178	199	38
Accounts receivablenet	9	8	7	10	9
Prepaid expenses and other current assets	10	4	4	6	7
Inventory	88	84	124	153	77
Total current assets	202	222	312	368	132
PROPERTY AND EQUIPMENTNET	21	26	40	28	13
INTANGIBLE ASSETSNET	5	12	4	4	2
OPERATING LEASE RIGHT-OF-USE ASSETS	28	33	37	30	0
OTHER NONCURRENT ASSETS	4	7	7	4	3
TOTAL ASSETS	261	299	400	434	151
Accounts payable	20	14	34	37	51
Operating lease liabilities, current	6	5	5	5	0
Accrued and other current liabilities	34	30	32	35	45
Deferred revenue	21	26	28	32	27
Current portion of long-term debt	43	0	—	—	—
Total current liabilities	124	75	100	109	122
LONG-TERM DEBT	0	40	81	76	116
OPERATING LEASE LIABILITIES	37	43	47	29	0
OTHER LONG-TERM LIABILITIES	267,000	1	2	3	12
Total liabilities	161	159	230	217	250
COMMITMENTS AND CONTINGENCIES (Note 11)	—	—	—	—	—
Common stock, par value $0.0001 per share500,000,000 shares authorized; 169,732,895 shares issued and outstanding as of March 31, 2025 and 500,000,000 shares authorized; 175,533,136 shares issued and outstanding as of March 31, 2024.	1,000	1,000	1,000	1,000	0
Treasury stock, at cost, 15,992,598 and 4,643,589 shares, respectively	−25	−6	0	—	—
Additional paid-in capital	504	492	480	465	21
Accumulated deficit	−380	−347	−310	−248	−180
Total stockholders equity	100	139	171	217	−159
TOTAL LIABILITIES, AND STOCKHOLDERS EQUITY	261	299	400	434	151

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31	FY 2021 2021-03-31
Depreciation & amortization	11	13	9	4	2
Impairment of assets	4	3	2	0	0
Amortization of deferred financing fees and debt discount	400,000	600,000	700,000	800,000	4
Bad debt expense	0	154,000	178,000	307,000	52,000
Stock-based compensation expense	13	13	15	18	7
Loss on disposal of assets	23,000	72,000	0	0	—
Provision for inventory obsolescence	2	−548,000	−5	—	—
(Gain) loss on extinguishment of debt	0	−2	0	2	0
Change in fair value of warrant liabilities and derivatives	521,000	−3	−5	−33	931,000
Paid in kind interest on convertible notes	2	2	4	4	0
Non-cash lease expense	5	4	5	4	0
Accounts receivable	−2	−1	3	−1	−5
Inventory	−6	41	34	−83	−38
Prepaid expenses and other current assets	−986,000	−1	3	−1	−2
Other assets	−2	700,000	−133,000	−314,000	−402,000
Accounts payable and accrued expenses	12	−18	457,000	−14	17
Deferred revenue	−5	−2	−4	4	14
Operating lease liabilities	−5	−5	−3	−5	0
Proceeds from tenant improvement allowances	0	0	7	0	0
Other liabilities	−3	−2	180,000	−13	13
Net cash (used in) provided by operating activities	−7	6	5	−172	−20
Capital expenditures	−6	−9	−21	−21	−5
Proceeds from sale of investments	0	0	175,000	0	0
Net cash used in investing activities	−6	−9	−21	−21	−5
Payment of restricted stock units held for taxes	−3	−1	−917,000	−222,000	0
Payment of finance lease obligations	−225,000	−215,000	−2	−588,000	−334,000
Proceeds from the exercise of stock options	1	108,000	1	3	1
Proceeds from issuance of common stock under ESPP	425,000	489,000	145,000	0	0
Payments to repurchase common stock	−19	−6	0	0	−9,000
Excise tax from stock repurchases	−56,000	−63,000	0	0	—
Payments of long-term debt	0	−42	0	−39	−25
Net cash used in financing activities	−20	−50	−2	355	54
Effect of exchange rate changes on cash	−69,000	24,000	−62,000	0	0
NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	−33	−52	−19	162	30
Cash paid for interest	100,000	2	283,000	852,000	5
Purchases of property and equipment included in accounts payable and accrued liabilities	182,000	4,000	131,000	339,000	2
Establishment of operating lease	0	0	26	0	0
Lease modification and termination	0	0	4	0	0

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro