Revenue: As of FY2026 Q2, the actual value is USD 106.97 M, beating the estimate of USD 103.57 M.EPS: As of FY2026 Q2, the actual value is USD -0.06, missing the estimate of USD -0.03.EBIT: As of FY2026 Q2, the actual value is USD -10.63 M.<h3>Direct to Consumer Segment</h3><ul><li>Revenue: $82.1 million for the three months ended September 30, 2025, compared to $102.6 million for the same period in 2024, a decrease of 19.9%.</li><li>Cost of Revenue: $30.2 million for the three months ended September 30, 2025, compared to $37.1 million for the same period in 2024, a decrease of 18.6%.</li><li>Gross Profit: $52.0 million for the three months ended September 30, 2025, compared to $65.5 million for the same period in 2024, a decrease of 20.7%.</li><li>Gross Margin: 63.3% for the three months ended September 30, 2025, compared to 63.9% for the same period in 2024.</li></ul><h3>Commerce Segment</h3><ul><li>Revenue: $24.8 million for the three months ended September 30, 2025, compared to $23.5 million for the same period in 2024, an increase of 5.6%.</li><li>Cost of Revenue: $14.8 million for the three months ended September 30, 2025, compared to $12.9 million for the same period in 2024, an increase of 14.9%.</li><li>Gross Profit: $10.0 million for the three months ended September 30, 2025, compared to $10.6 million for the same period in 2024, a decrease of 5.7%.</li><li>Gross Margin: 40.2% for the three months ended September 30, 2025, compared to 45.0% for the same period in 2024.</li></ul><h3>Consolidated Financial Metrics</h3><ul><li>Total Revenue: $107.0 million for the three months ended September 30, 2025, compared to $126.1 million for the same period in 2024, a decrease of 15.2%.</li><li>Total Cost of Revenue: $45.0 million for the three months ended September 30, 2025, compared to $50.0 million for the same period in 2024, a decrease of 10.0%.</li><li>Total Gross Profit: $62.0 million for the three months ended September 30, 2025, compared to $76.1 million for the same period in 2024, a decrease of 18.6%.</li><li>Total Gross Margin: 57.9% for the three months ended September 30, 2025, compared to 60.4% for the same period in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Loss: $10.7 million for the three months ended September 30, 2025, compared to $5.3 million for the same period in 2024.</li><li>General and Administrative Expenses: $57.2 million for the three months ended September 30, 2025, compared to $63.1 million for the same period in 2024, a decrease of 9.4%.</li><li>Advertising and Marketing Expenses: $15.4 million for the three months ended September 30, 2025, compared to $18.7 million for the same period in 2024, a decrease of 17.5%.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: $23.5 million for the six months ended September 30, 2025, compared to net cash provided by operating activities of $4.6 million for the same period in 2024.</li><li>Net Cash Used in Investing Activities: $2.6 million for the six months ended September 30, 2025, compared to $3.9 million for the same period in 2024.</li><li>Net Cash Used in Financing Activities: $2.8 million for the six months ended September 30, 2025, compared to $6.5 million for the same period in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to continue investing in its core Direct to Consumer and Commerce segments, with a focus on improving product cost efficiencies and optimizing marketing spend to drive customer acquisition and retention.</li><li>Non-Core Business: The company is exploring new product categories and services, such as BARK Air, to diversify its revenue streams and expand its market presence.</li><li>Priority: Emphasis on maintaining and improving gross margins through cost management and strategic pricing initiatives, while also investing in technology and infrastructure to support long-term growth.</li></ul>

Bark | 10-Q: FY2026 Q2 Revenue Beats Estimate at USD 106.97 M