BARK Revenue Hits $87.6 Million, Exceeding High End of Second-Quarter Guidance
Key Facts
BARK reported on November 5, 2026, that revenue was $87.6 million in the fiscal second quarter ended September 30, exceeding the high end of the guidance range it had set at $85 million. The previous range was $83 million to $85 million, according to the company’s statement published via Business Wire. The results came as the company focuses on improving commerce performance and subscriber retention. In its statement, BARK said, "Net revenue was $87.6 million, exceeding the high end of the company’s guidance range." The stock closed at $8.33 on November 4, before the results were announced, according to EL7 data.
The results showed an improvement in net loss compared with the same period a year earlier. BARK posted a net loss of $3.8 million, or $0.43 per basic and diluted share, versus a loss of $10.7 million, or $1.25 per share, in the fiscal second quarter of 2026. The improvement reduced the loss recorded during the period, but does not mean the company posted a net profit. This puts the performance in the context of revenue exceeding guidance alongside an improved bottom line. The company’s forward guidance separately details revenue and adjusted earnings before interest, taxes, depreciation and amortization.
The commerce segment was the clearest area of operational improvement highlighted by the company. Revenue was $25.7 million, up from $24.8 million in the year-earlier period, an annual increase of 3.6%. BARK attributed the performance to strong sales through retail stores and online marketplaces, as well as expansion with new and existing partners. The chief executive said, "Commerce has returned to growth," adding that subscriber retention improved to 94%. This reflects positive movement in commerce and customer retention in the results reported by the company.
The background to subscriber-base performance lies in earlier marketing-spending decisions. In its fiscal 2027 first-quarter results, the company reported revenue of $78.8 million, down 23.4% year over year, while commerce revenue fell 11.4% to $12.1 million. BARK attributed the expected year-over-year decline at the time to a smaller direct-to-consumer subscriber base entering the fiscal year, following reduced marketing spending in fiscal 2026. In June, the chief executive had said the company cut spending on acquiring subscribers it could not retain profitably, and that it expected direct-to-consumer revenue to return to growth in the second half of fiscal 2027. This background provides context for the shift the company reported in commerce growth and improved subscriber retention.
BARK reaffirmed its fiscal 2027 outlook, with revenue expected to range from $325 million to $340 million and adjusted earnings before interest, taxes, depreciation and amortization from $7 million to $10 million. For the fiscal third quarter, the company set a revenue range of $88 million to $92 million and adjusted earnings of $1 million to $3 million. The chief executive said the company launched its Licksters enrichment toy line and shipped two of the largest retail orders in its history during the fiscal third quarter. Those orders and commerce figures put the coming quarter at the center of monitoring the company’s execution against its guidance. The annual outlook will depend on the company’s performance in the remaining periods of the fiscal year.
The company said it reached a preliminary understanding after the quarter ended on the sale of BARK Air assets and a license for its brand, with the proposed arrangement to begin on January 1, 2027. The understanding still requires definitive documentation, and BARK said there is no guarantee it will be completed. The commerce and BARK Air segments together accounted for 21% of revenue in fiscal 2026, compared with 15% in fiscal 2025. In June 2026, the company announced a share repurchase program of up to $40 million and said it would be funded from ongoing free cash flow. Details of the understanding concerning BARK Air and its potential completion remain among the developments to watch following the results announcement.