Bark swings to FY27 Q1 profit of $745,000; revenue drops 23.4% to $78.8 million

The company forecast fiscal Q2 revenue of $83 million to $85 million with adjusted EBITDA of $1 million to $3 million. It reiterated full-year adjusted EBITDA of $7 million to $10 million.

Bark posted fiscal Q1 revenue of $78.8 million, down 23.4% year over year, while net income swung to $750,000 from a loss.

Gross margin rose to 72.7% from 62.3%, including a one-time benefit from fiscal 2026 tariff refunds; normalized margin was 63.4%.

Adjusted EBITDA climbed to $600,000 from $100,000, while advertising and marketing expense fell to $9.5 million from $15.2 million.

DTC revenue dropped 25.2% to $66.7 million, while Commerce revenue slid to ; subscriber retention improved .