NYSE$BARK
The Original Bark Co · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported strong customer acquisition, surpassed revenue guidance, improved gross margin, and cut Adjusted EBITDA loss in half.
BARK, Inc. reported Q3 2024 results with total revenue of $125.1 million, a gross margin of 61.8%, and a net loss improvement of 52.5% to $(10.1) million. The company generated $13.3 million in free cash flow and expects to be Adjusted EBITDA positive in Q4 2024.
- Total revenue was $125.1 million, ahead of guidance but a 6.9% decrease year-over-year.
- Gross margin increased by 210 basis points year-over-year to 61.8%.
- Net loss improved 52.5% year-over-year to $(10.1) million.
- Free cash flow was $13.3 million.
Headline financials
Revenue & EPS history
Bark · Revenue · Quarterly
$125M
Revenue by segment
Bark · $123M total across 2 segments · Q2 2024
- Direct to Consumer$104M—84.8%
- Commerce$18.7M—15.2%
Forward guidance
For the fiscal fourth quarter 2024, the Company expects total revenue of $118.4 to $123.8 million and Adjusted EBITDA of $1.0 million to $3.0 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 Q3 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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