Filing Flows › Bark (BARK) › Q1 FY27 › vs Q4 FY26
Bark (BARK) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Bark's revenue fell $7.8M (-9%) from $86.6M in Q4 FY26 to $78.8M in Q1 FY27. The biggest changes: Direct to Consumer −$7.3M (-10%); Commerce −$420K (-3%). Gross margin 72.7% against 62.7% (+10.0 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 Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 72.7% | 62.7% | +10.0 pts |
| Operating margin | 0.1% | -14.1% | +14.2 pts |
| Net margin | 0.9% | -14.6% | +15.6 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Direct to Consumer | $66.7M | $74.0M | −$7.3M | -10% |
| Commerce | $12.1M | $12.5M | −$420K | -3% |
| Revenue | $78.8M | $86.6M | −$7.8M | -9% |
| Gross profit | $57.3M | $54.3M | $3.0M | +6% |
| Cost of revenue | $21.5M | $32.3M | −$10.8M | -33% |
| Other income, net | $679K | −$477K | $1.2M | — |
| Operating profit | $66K | −$12.2M | $12.2M | — |
| Operating expenses | $57.3M | $66.5M | −$9.2M | -14% |
| Pre-tax earnings | $745K | −$12.7M | $13.4M | — |
| Sales & marketing | $9.5M | $12.6M | −$3.1M | -24% |
| General & admin | $47.8M | $53.9M | −$6.1M | -11% |
| Net earnings | $745K | −$12.7M | $13.4M | — |
| Operating cash sources | $8.9M | −$5.9M | $14.8M | — |
| Depreciation & amortization | $1.8M | $1.9M | −$90K | -5% |
| Share-based compensation | $2.8M | $3.5M | −$674K | -19% |
| Cash used in operations | $3.5M | $1.4M | $2.2M | +162% |
| Working capital & other | $8.9M | −$5.9M | $14.8M | — |
Questions
How much did Bark's revenue grow quarter over quarter in Q1 FY27?
Bark's revenue fell $7.8M (-9%) from $86.6M in Q4 FY26 to $78.8M in Q1 FY27.
What drove Bark's revenue change in Q1 FY27?
Direct to Consumer −$7.3M (-10%); Commerce −$420K (-3%).