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BARKW Stock Analysis - Bark, Inc. AI Rating

BARKW NYSE Retail-Retail Stores, NEC CIK: 0001819574
Recently Updated • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
AI Rating
STRONG SELL
92% Confidence

📊 BARKW Key Takeaways

Revenue: $308.3M
Net Margin: -8.5%
Free Cash Flow: $-24.5M
Current Ratio: 1.85x
Debt/Equity: 0.00x
EPS: $-0.15
AI Rating: STRONG SELL with 92% confidence

Investment Thesis

Bark is a fundamentally distressed retailer with accelerating operational deterioration, evidenced by negative operating income of -$28.0M despite a 60.9% gross margin and shrinking revenues. The company is burning cash at an alarming rate with negative free cash flow of -$24.5M annually, while consuming shareholder equity at -32.4% ROE, indicating unsustainable business economics.

BARKW Strengths

  • + Strong gross margin of 60.9% demonstrates pricing power and product quality
  • + Positive current ratio of 1.85x suggests near-term liquidity runway
  • + Zero long-term debt eliminates refinancing risk and bankruptcy pressure from leverage

BARKW Risks

  • ! Operating losses of -$28.0M with negative operating margin of -9.1% indicate core business is unprofitable
  • ! Persistent negative free cash flow of -$24.5M will deplete cash reserves within 1-2 years at current burn rate
  • ! Negative return metrics (ROE -32.4%, ROA -14.0%) demonstrate capital destruction and inability to generate shareholder value
  • ! Revenue decline of -1.2% YoY signals weakening market demand despite strong gross margins
  • ! Negative interest coverage ratio of -17.8x indicates company cannot service debt obligations from operations

Key Metrics to Watch

BARKW Financial Metrics

Revenue
$308.3M
Net Income
$-26.3M
EPS (Diluted)
$-0.15
Free Cash Flow
$-24.5M
Total Assets
$188.7M
Cash Position
$21.7M

💡 AI Analyst Insight

Bark, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

BARKW Profitability Ratios

Gross Margin 60.9%
Operating Margin -9.1%
Net Margin -8.5%
ROE -32.4%
ROA -14.0%
FCF Margin -8.0%

BARKW vs Consumer Sector

How Bark, Inc. compares to Consumer sector averages

Net Margin
BARKW -8.5%
vs
Sector Avg 8.0%
BARKW Sector
ROE
BARKW -32.4%
vs
Sector Avg 18.0%
BARKW Sector
Current Ratio
BARKW 1.9x
vs
Sector Avg 1.5x
BARKW Sector
Debt/Equity
BARKW 0.0x
vs
Sector Avg 0.8x
BARKW Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

BARKW Balance Sheet & Liquidity

Current Ratio
1.85x
Quick Ratio
0.63x
Debt/Equity
0.00x
Debt/Assets
56.9%
Interest Coverage
-17.81x
Long-term Debt
$0.0

BARKW 5-Year Financial Trend

BARKW 5-year financial data: Year 2022: Revenue $507.4M, Net Income -$31.4M, EPS $-0.70. Year 2023: Revenue $535.3M, Net Income -$31.4M, EPS $-0.68. Year 2024: Revenue $535.3M, Net Income -$68.3M, EPS $-0.44. Year 2025: Revenue $535.3M, Net Income -$61.5M, EPS $-0.35.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Bark, Inc.'s revenue has shown modest growth of 6% over the 5-year period. The most recent EPS of $-0.35 indicates the company is currently unprofitable.

BARKW Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-8.0%
Free cash flow / Revenue

BARKW Quarterly Performance

Quarterly financial performance data for Bark, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $98.4M -$8.6M $-0.05
Q2 2026 $107.0M -$5.3M $-0.03
Q1 2026 $102.9M -$7.0M $-0.04
Q3 2025 $125.1M -$10.1M $-0.06
Q2 2025 $123.0M -$5.3M $-0.03
Q1 2025 $116.2M -$10.0M $-0.06
Q3 2024 $125.1M -$10.1M $-0.06
Q2 2024 $123.0M -$10.3M $-0.06

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

BARKW Capital Allocation

Operating Cash Flow
-$21.8M
Cash generated from operations
Stock Buybacks
$1.8M
Shares repurchased (TTM)
Capital Expenditures
$2.7M
Investment in assets
Dividends
None
No dividend program

BARKW SEC Filings

Access official SEC EDGAR filings for Bark, Inc. (CIK: 0001819574)

📋 Recent SEC Filings

Date Form Document Action
Mar 12, 2026 4 xslF345X05/wk-form4_1773345525.xml View →
Mar 3, 2026 8-K bark-20260303.htm View →
Feb 24, 2026 8-K bark-20260218.htm View →
Feb 23, 2026 4 xslF345X05/wk-form4_1771880625.xml View →
Feb 17, 2026 4 xslF345X05/wk-form4_1771365598.xml View →

Frequently Asked Questions about BARKW

What is the AI rating for BARKW?

Bark, Inc. (BARKW) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.

What are BARKW's key strengths?

Strong gross margin of 60.9% demonstrates pricing power and product quality. Positive current ratio of 1.85x suggests near-term liquidity runway.

What are the risks of investing in BARKW?

Operating losses of -$28.0M with negative operating margin of -9.1% indicate core business is unprofitable. Persistent negative free cash flow of -$24.5M will deplete cash reserves within 1-2 years at current burn rate.

What is BARKW's revenue and growth?

Bark, Inc. reported revenue of $308.3M.

Does BARKW pay dividends?

Bark, Inc. does not currently pay dividends.

Where can I find BARKW SEC filings?

Official SEC filings for Bark, Inc. (CIK: 0001819574) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BARKW's EPS?

Bark, Inc. has a diluted EPS of $-0.15.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI