Filing Flows › Bark (BARK) › Q1 FY27 › vs Q1 FY26
Bark (BARK) Q1 FY27 vs Q1 FY26 (year over year)
Bark's revenue fell $24.0M (-23%) from $103M in Q1 FY26 to $78.8M in Q1 FY27. The biggest changes: Direct to Consumer −$22.5M (-25%); Commerce −$1.6M (-11%). Gross margin 72.7% against 62.3% (+10.4 pts).
Bark, Q1 FY27: revenue $78.8M (-23% year over year), operating margin 0.1%, net earnings $745K, operating cash flow −$3.5M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 72.7% | 62.3% | +10.4 pts |
| Operating margin | 0.1% | -8.1% | +8.2 pts |
| Net margin | 0.9% | -6.8% | +7.8 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Direct to Consumer | $66.7M | $89.2M | −$22.5M | -25% |
| Commerce | $12.1M | $13.7M | −$1.6M | -11% |
| Revenue | $78.8M | $103M | −$24.0M | -23% |
| Gross profit | $57.3M | $64.1M | −$6.7M | -11% |
| Cost of revenue | $21.5M | $38.8M | −$17.3M | -45% |
| Other income, net | $679K | $1.3M | −$644K | -49% |
| Operating profit | $66K | −$8.4M | $8.4M | — |
| Operating expenses | $57.3M | $72.4M | −$15.2M | -21% |
| Pre-tax earnings | $745K | −$7.0M | $7.8M | — |
| Sales & marketing | $9.5M | $15.2M | −$5.7M | -37% |
| General & admin | $47.8M | $57.3M | −$9.5M | -17% |
| Net earnings | $745K | −$7.0M | $7.8M | — |
| Operating cash sources | $8.9M | $4.5M | $4.4M | +97% |
| Depreciation & amortization | $1.8M | $2.5M | −$706K | -28% |
| Share-based compensation | $2.8M | $3.6M | −$798K | -22% |
| Cash used in operations | $3.5M | $5.4M | −$1.9M | -35% |
| Working capital & other | $8.9M | $4.5M | $4.4M | +97% |
Questions
How much did Bark's revenue grow year over year in Q1 FY27?
Bark's revenue fell $24.0M (-23%) from $103M in Q1 FY26 to $78.8M in Q1 FY27.
What drove Bark's revenue change in Q1 FY27?
Direct to Consumer −$22.5M (-25%); Commerce −$1.6M (-11%).