NYSE$BARK
The Original Bark Co · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Announced financial results, showing progress in improving long-term profitability profile with first positive Adjusted EBITDA quarter as a public company and another quarter of positive free cash flow.
BARK reported Q2 fiscal year 2024 results with a total revenue of $123.0 million, a 14.4% decrease compared to the same period last year. The company's gross margin increased to 61.5%, and net loss improved to $(10.3) million. Adjusted EBITDA was $1.0 million, and free cash flow was $0.9 million.
- Total revenue was $123.0 million, a 14.4% decrease year-over-year.
- Consolidated gross margin increased 560 basis points to 61.5% year-over-year.
- Net Loss improved 2.8% to $(10.3) million year-over-year.
- Adjusted EBITDA was $1.0 million, the first positive quarter as a public company.
Headline financials
Revenue & EPS history
Bark · Revenue · Quarterly
$123M
Revenue by segment
Bark · $123M total across 2 segments · Q2 2024
- Direct to Consumer$104M—84.8%
- Commerce$18.7M—15.2%
Forward guidance
The Company anticipates the challenging macroeconomic environment to persist for the foreseeable future, particularly affecting its more discretionary toy products. For the fiscal third quarter 2024, the company expects total revenue of $119 to $123 million and Adjusted EBITDA of $(5) million to $(8) million. For the full fiscal year 2024, the company expects total revenue growth of (8)% to (11)% year-over-year and Adjusted EBITDA of $(6) million to $(12) million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2024
-3.0%
Avg return
Earnings day
-4.2%
Avg return
5 days after
-7.1%
Avg return
30 days after
48%
12 / 25 earnings
Positive
+22.3%
Q1 2023
Best reaction
-24.6%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +2.2% | -13.4% | — | |
| Q3 2026 | -2.6% | -5.7% | -7.6% | |
| Q2 2026 | +0.0% | -6.3% | -16.7% | |
| Q1 2026 | -6.3% | -2.9% | +2.6% | |
| Q4 2025 | +1.6% | -2.4% | -34.6% | |
| Q3 2025 | -6.6% | +0.0% | -20.9% | |
| Q2 2025 | -6.0% | +1.3% | +53.6% | |
| Q1 2025 | +11.7% | +11.7% | +18.2% | |
| Q4 2024 | +0.8% | +2.3% | +30.0% | |
| Q3 2024 | +13.4% | +26.5% | +51.6% | |
| Q2 2024 | -22.3% | -25.2% | -22.6% | |
| Q1 2024 | -9.5% | -12.4% | +12.4% | |
| Q4 2023 | +9.6% | +5.8% | +27.9% | |
| Q3 2023 | -24.6% | -31.5% | -41.9% | |
| Q2 2023 | -5.6% | -4.5% | -12.9% | |
| Q1 2023 | +22.3% | +36.0% | +22.3% | |
| Q4 2020 | -16.2% | -28.5% | -50.8% | |
| Q4 2022 | -16.2% | -28.5% | -50.8% | |
| Q3 2022 | -19.5% | -22.1% | -33.3% | |
| Q2 2022 | -13.4% | -11.8% | -37.7% | |
| Q1 2021 | +0.8% | -2.1% | -7.2% | |
| Q4 2021 | +0.8% | -2.1% | -7.2% | |
| Q1 2022 | +5.9% | +2.3% | -6.3% | |
| Q2 2021 | +3.3% | +11.5% | -13.9% | |
| Q3 2021 | +1.0% | -1.8% | -25.6% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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