Form 8-K

8-K — Bark, Inc.

Accession: 0001628280-26-054350

Filed: 2026-08-06

Period: 2026-08-06

CIK: 0001819574

SIC: 5990 (RETAIL-RETAIL STORES, NEC)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — bark-20260806.htm (Primary)

EX-99.1 (q1fy27earningsrelease.htm)

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XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: bark-20260806.htm · Sequence: 1

bark-20260806

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date Earliest Event Reported):

August 6, 2026

BARK, Inc.

(Exact name of registrant as specified in its charter)

Delaware 001-39691 85-1872418

(State or Other Jurisdiction

of Incorporation)

(Commission File Number) (IRS Employer Identification No.)

20 Jay Street, Suite 940

Brooklyn, NY

11201

(Zip Code)

(Address of Principal Executive Offices)

(855) 501-2275

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e- 4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange on

which registered

Common Stock, par value $0.0001 BARK New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On August 6, 2026, BARK, Inc. (the “Company”) issued a press release announcing its financial results for its fiscal first quarter ended June 30, 2026. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

The information contained in this Item 2.02 and in the accompanying Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit No. Description

99.1

Press release dated as of August 6, 2026

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BARK, Inc.

By: /s/ Brian Dostie

Name: Brian Dostie

Title: Interim Chief Financial Officer

Date: August 6, 2026

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Document

BARK Reports Fiscal First Quarter 2027 Results

NEW YORK, August 6, 2026 — BARK, Inc. (NYSE: BARK) (“BARK” or the “Company”), a leading global omnichannel dog brand with a mission to make all dogs happy, today announced its financial results for the fiscal first quarter ended June 30, 2026.

Fiscal First Quarter 2027 Highlights

•Revenue was $78.8 million, a decrease of 23.4% year-over-year; landing at the high end of the Company’s guidance range of $77.0 million to $79.0 million.

•Direct to Consumer (“DTC”) revenue was $66.7 million, a decrease of 25.2% year-over-year; continuing the Company’s focus on prioritizing bottom-line durability over near-term growth, Subscriber Retention improved more than 170 basis points and Average Order Value increased by $0.45 compared to the year prior; Included in DTC revenue was $3.2 million of revenue from BARK Air, a 37% increase year-over-year.

•Commerce revenue was $12.1 million, an 11.4% decrease year-over-year. Momentum remained strong across wholesale and marketplaces as BARK continued to expand with both new and existing retail partners.

•Gross profit was $57.3 million, compared to $64.1 million in the prior year.

•Gross margin was 72.7%, compared to 62.3% in the same period last year. The reported result includes a one-time benefit from the recognition of fiscal 2026 tariff refunds. Excluding this benefit, normalized consolidated gross margin was 63.4%, in line with a record 63.8% for the same period last year. The tariff refund benefit is excluded from Adjusted EBITDA.

•Advertising and marketing expenses were $9.5 million, compared to $15.2 million in the prior year.

•General and administrative ("G&A") expenses were $47.8 million, compared to $57.3 million in the prior year.

•Net Income was $0.75 million, compared to a net loss of $(7.0) million in the prior year. Net Income includes $7.4 million of tariff refunds allocable to fiscal year 2026.

•Adjusted EBITDA was $0.6 million, within the Company’s guidance range of $0.0 million to $1.0 million, and up from $0.1 million in the prior year.

•Net cash used in operating activities was $(3.5) million.

Executive Commentary – Matt Meeker, Co-Founder and Chief Executive Officer

“Our team delivered a strong start to fiscal 2027 as we continued to execute against the priorities outlined in June,” said Matt Meeker, Co-Founder and Chief Executive Officer of BARK. “The quarter reflected improving health across the business.”

“Subscriber retention improved, average order value increased and subscriber lifetime value reached its highest level since we became a public company. With some of our most exciting products and partnerships yet to come to market this fall, we are building a stronger, more diversified BARK across DTC, Commerce and BARK Air. We still have work to do, but these results reinforce confidence in our ability to accelerate growth and deliver a meaningful step-up in Adjusted EBITDA and cash flow this year.”

Balance Sheet Highlights

•The Company’s cash and cash equivalents balance as of June 30, 2026 was $16.1 million, compared to $19.3 million as of March 31, 2026. The decrease reflects a normal seasonal build in working capital and continued share repurchases. BARK also remains debt-free.

•The Company's inventory balance as of June 30, 2026 was $72.4 million, a $25.7 million decrease compared to the prior year.

Share Repurchase Program

As previously announced, BARK continued to repurchase shares during the quarter under its $40 million share repurchase program. The Company remains focused on balancing investment in the business with returning capital to shareholders, while maintaining the financial flexibility to support its growth plans.

Fiscal Second Quarter and Full Year 2027 Financial Outlook

Based on current market conditions as of August 6, 2026, BARK is providing guidance for revenue and Adjusted EBITDA, which is a Non-GAAP financial measure, as follows.

For the second quarter of fiscal 2027, the Company expects:

•Total revenue of $83.0 million to $85.0 million, as compared to $107.0 million for the comparable period last year. The year-over-year decline primarily reflects the smaller DTC subscriber base entering fiscal 2027 following the deliberate pullback of marketing spend in fiscal 2026.

•Adjusted EBITDA of $1.0 million to $3.0 million, compared to $(1.4) million for the comparable period last year.

For the full year of fiscal 2027, the Company is reiterating:

•Total revenue of $325.0 million to $340.0 million, compared to $394.8 million in fiscal 2026.

•Adjusted EBITDA of $7.0 million to $10.0 million, compared to $0.2 million in fiscal 2026.

•Commerce and BARK Air are expected to collectively represent over $100 million of revenue, with Commerce growing as a percentage of total revenue as the Company expands across wholesale and marketplace channels.

The Company does not provide guidance for Net Income (Loss) due to the uncertainty and potential variability of certain items, including stock-based compensation expenses and related tax effects, which are the reconciling items between Net Income (Loss) and Adjusted EBITDA. Because such items cannot be calculated or predicted without unreasonable efforts, we are unable to provide a reconciliation of Adjusted EBITDA to Net Income (Loss). However, such items could have a significant impact on Net Income (Loss).

The guidance provided above constitutes forward looking statements and actual results may differ materially. Please refer to the “Forward Looking Statements” section below for information on the factors that could cause our actual results to differ materially from these forward looking statements and “Non-GAAP Financial Measures” for additional important information regarding Adjusted EBITDA.

Conference Call Information

A conference call to discuss the Company's fiscal first quarter 2027 results will be held today, August 6, 2026, at 4:30 p.m. ET. During the conference call, the Company may make comments concerning business and financial developments, trends and other business or financial matters. The Company's comments, as well as other matters discussed during the conference call, may contain or constitute information that has not been previously disclosed.

The conference call can be accessed by dialing 1-888-596-4144 for U.S. participants and 1-646-968-2525 for international participants. The conference call passcode is 5515653. A live audio webcast of the call will be available at https://investors.bark.co/events-and-presentations/ and will be archived for one year.

About BARK

BARK is the world’s most dog-centric company, devoted to making all dogs happy with the best products, services, and content. BARK’s dog-obsessed team leverages its unique, data-driven understanding of what makes each dog special to design playstyle-specific toys, wildly satisfying treats, and dog-first experiences that foster the health and happiness of dogs everywhere. Founded in 2011, BARK loyally serves millions of dogs nationwide with BarkBox and Super Chewer, its themed toys and treats subscriptions; custom product collections through its retail partner network, including Target, Chewy, and Amazon; and BARK Air, the first air travel experience designed specifically for dogs first. At BARK, we want to make dogs as happy as they make us because dogs and humans are better together. Sniff around at bark.co for more information.

Forward Looking Statements

This press release contains forward-looking statements relating to, among other things, the future performance of BARK that are based on the Company’s current expectations, forecasts and assumptions and involve risks and uncertainties. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “expect,” “plan,” "anticipate,” “believe,”

“estimate,” “predict,” “intend,” “potential,” “continue,” “ongoing” or the negative of these terms or other comparable terminology. These statements include, but are not limited to, statements about future operating results, including our strategies, plans, commitments, objectives and goals. Actual results could differ materially from those predicted or implied and reported results should not be considered an indication of future performance. Other factors that could cause or contribute to such differences include, but are not limited to, risks relating to the uncertainty of the projected financial information with respect to BARK; spending on pets not increasing at projected rates; customers not increasing their spending with BARK; BARK’s ability to continue to convert social media followers and contacts into customers; BARK’s ability to successfully expand its product lines and services and channel distribution; competition and the uncertain effects of global or macroeconomic events or challenges, in particular the imposition of tariffs.

More information about factors that could affect BARK's operating results is included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company's annual report on Form 10-K, copies of which may be obtained by visiting the Company’s Investor Relations website at https://investors.bark.co/ or the SEC’s website at www.sec.gov. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to the Company on the date hereof. The Company assumes no obligation to update such statements.

Definitions of Key Performance Indicators

Total Orders

We define Total Orders as the total number of Direct to Consumer orders shipped in a given period. These include all orders across all of our product categories, regardless of whether they are purchased on a subscription, auto-ship, or one-off basis. Total Orders excludes orders from BARK Air. We use Total Orders as an indicator of customer interest and demand.

Average Order Value

Average Order Value (“AOV”) is Direct to Consumer revenue for the period divided by Total Orders for the same period. AOV excludes Direct to Consumer revenue from BARK Air. We use AOV to provide insight into customer spending patterns.

Subscriber Retention

We define Subscriber Retention as the number of active subscriptions during a particular month divided by the number of active subscriptions for the prior month. An active subscription excludes new subscriptions, i.e. subscriptions with an initial shipment in a particular month. To calculate the Subscriber Retention for any quarterly period, we average the monthly rates, weighted by each month's beginning subscription base. Subscriber Retention excludes BARK Air. We use Subscriber Retention to assess the durability of our subscription base.

Key Performance Indicators

Three Months Ended

June 30,

2026 2025

Total Orders (in thousands) 2,031 2,819

Average Order Value $ 31.25 $ 30.80

Direct to Consumer Gross Profit (in thousands)(1)

$ 50,400 $ 60,183

Direct to Consumer Gross Margin (1)

79.4 % 69.3 %

Subscriber Retention 92.8 % 91.1 %

(1) Direct to Consumer Gross Profit and Direct to Consumer Gross Margin does not include the revenue or cost of goods sold from BARK Air. Direct to Consumer gross margin includes a $5.2 million tariff refund related to fiscal year 2026.

BARK, Inc.

CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

(In thousands)

Three Months Ended

June 30, June 30,

2026 2025

REVENUE $ 78,815 $ 102,861

COST OF REVENUE 21,482 38,784

Gross profit 57,333 64,077

OPERATING EXPENSES:

General and administrative 47,770 57,252

Advertising and marketing 9,497 15,178

Total operating expenses 57,267 72,430

INCOME (LOSS) FROM OPERATIONS 66 (8,353)

INTEREST INCOME

263 809

INTEREST EXPENSE

(2) (709)

OTHER INCOME (EXPENSE)—NET

418 1,223

NET INCOME (LOSS) BEFORE INCOME TAXES 745 (7,030)

PROVISION FOR INCOME TAXES — —

NET INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) $ 745 $ (7,030)

Net income (loss) per common share attributable to common stockholders—basic and diluted

$ 0.08 $ (0.83)

Weighted average common shares used to compute net income (loss) per share attributable to common stockholders—basic and diluted

8,784,395 8,460,447

DISAGGREGATED REVENUE

(In thousands)

Three Months Ended

June 30,

2026 2025

Revenue

Direct to Consumer:

Toys & Accessories(1)

$ 39,121 $ 51,800

Consumables(1)

24,365 35,030

Other(2)

3,206 2,346

Total Direct to Consumer $ 66,692 $ 89,176

Commerce 12,123 13,685

Revenue $ 78,815 $ 102,861

(1) The allocation between Toys & Accessories and Consumables includes estimates and was determined utilizing data on stand-alone selling prices that the Company charges for similar offerings, and also reflects historical pricing practices.

(2) Other Direct to Consumer revenue is derived from BARK Air.

GROSS PROFIT BY SEGMENT

(In thousands)

Three Months Ended

June 30,

2026 2025

Direct to Consumer(1):

Revenue $ 66,692 $ 89,176

Cost of revenue 16,532 29,431

Gross profit 50,160 59,745

Commerce:

Revenue 12,123 13,685

Cost of revenue 4,950 9,353

Gross profit 7,173 4,332

Consolidated:

Revenue 78,815 102,861

Cost of revenue 21,482 38,784

Gross profit $ 57,333 $ 64,077

(1) Direct to Consumer includes revenue from BARK Air

BARK, INC.

CONSOLIDATED BALANCE SHEETS (In thousands, except share and per share data)

June 30, March 31,

ASSETS 2026 2026

CURRENT ASSETS:

Cash and cash equivalents $ 16,090 $ 19,282

Accounts receivable—net 20,376 12,318

Prepaid expenses and other current assets 14,423 14,599

Inventory 72,445 75,545

Total current assets 123,334 121,744

PROPERTY AND EQUIPMENT—NET 15,602 17,183

INTANGIBLE ASSETS—NET 1,444 1,569

OPERATING LEASE RIGHT-OF-USE ASSETS 23,631 24,799

OTHER NONCURRENT ASSETS 4,576 4,695

TOTAL ASSETS $ 168,587 $ 169,990

LIABILITIES, AND STOCKHOLDERS’ EQUITY

CURRENT LIABILITIES:

Accounts payable $ 17,454 $ 17,130

Operating lease liabilities, current 4,878 5,211

Accrued and other current liabilities 17,924 20,834

Deferred revenue 20,657 22,223

Current portion of long-term debt — —

Total current liabilities 60,913 65,398

OPERATING LEASE LIABILITIES 31,355 32,466

OTHER LONG-TERM LIABILITIES 87 108

Total liabilities 92,355 97,972

COMMITMENTS AND CONTINGENCIES (Note 8)

STOCKHOLDERS’ EQUITY:

Common stock, par value $0.0001 per share—500,000,000 shares authorized; 9,925,385 and 9,356,667 shares issued and outstanding

1 1

Treasury stock, at cost, 888,074 and 865,161 shares, respectively

(26,733) (26,500)

Additional paid-in capital 521,157 517,372

Accumulated deficit (418,193) (418,855)

Total stockholders’ equity 76,232 72,018

TOTAL LIABILITIES, AND STOCKHOLDERS’ EQUITY $ 168,587 $ 169,990

BARK, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

Three Months Ended

June 30, June 30,

2026 2025

CASH FLOWS FROM OPERATING ACTIVITIES:

Net income (loss) $ 745 $ (7,030)

Adjustments to reconcile net income (loss) to cash (used in) provided by operating activities:

Depreciation & amortization 1,814 2,520

Non-cash lease expense 1,168 1,027

Amortization of deferred financing fees and debt discount — 114

Bad debt expense 35 —

Stock-based compensation expense 2,796 3,594

Provision for inventory obsolescence (833) 285

Change in fair value of warrant liabilities and derivatives — (782)

Changes in operating assets and liabilities:

Accounts receivable (8,092) 2,033

Inventory 3,934 (10,283)

Prepaid expenses and other current assets 389 (417)

Other noncurrent assets 124 (356)

Accounts payable and accrued expenses (3,478) 5,837

Deferred revenue (1,570) (356)

Operating lease liabilities (1,444) (1,403)

Other liabilities 870 (223)

Net cash used in operating activities (3,542) (5,440)

CASH FLOWS FROM INVESTING ACTIVITIES:

Capital expenditures (111) (708)

Net cash used in investing activities (111) (708)

CASH FLOWS FROM FINANCING ACTIVITIES:

Payment of finance lease obligations — (59)

Proceeds from the exercise of stock options — 20

Proceeds from issuance of common stock under ESPP 80 197

Tax payments related to the issuance of common stock (1,091) (497)

Proceeds from issuance of common stock 2,000 —

Excise tax from stock repurchases — (21)

Payments to repurchase common stock (233) (1,770)

Net cash provided by (used in) financing activities 756 (2,130)

Effect of exchange rate changes on cash (83) (50)

NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (2,980) (8,328)

CASH, CASH EQUIVALENTS AND RESTRICTED CASH—BEGINNING OF PERIOD 25,166 97,531

CASH, CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD $ 22,186 $ 89,203

RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH:

Cash and cash equivalents 16,090 84,665

Restricted cash - prepaid expenses and other current assets, other noncurrent assets 6,096 4,538

Total cash, cash equivalents and restricted cash $ 22,186 $ 89,203

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:

Purchases of property and equipment included in accounts payable and accrued liabilities $ — $ 1,749

Cash paid for interest $ 2 $ 5

Non-GAAP Financial Measures

We report our financial results in accordance with U.S. GAAP. However, management believes that Adjusted Net Loss, Adjusted Net Loss Margin, Adjusted Net Loss Per Common Share, Adjusted EBITDA, Adjusted EBITDA Margin, and Free Cash Flow, all non-GAAP financial measures (together the “Non-GAAP Measures”), provide investors with additional useful information in evaluating our performance.

We calculate Adjusted Net Loss as net loss, adjusted to exclude: (1) stock-based compensation expense, (2) change in fair value of warrants and derivatives, (3) sales and use tax income, (4) restructuring charges related to reduction in force payments, (5) litigation expenses (consisting of legal and related fees for a specific proceeding that is outside of our ordinary course of business), (6) warehouse restructuring costs, (7) non-cash impairment of previously capitalized software and cloud computing implementation costs, (8) technology modernization costs, (9) IEEPA Phase II Tariff refunds related to prior year cost of revenue and (10) other items (as defined below).

We calculate Adjusted Net Loss Margin by dividing Adjusted Net Loss for the period by Revenue for the period.

We calculate Adjusted Net Loss Per Common Share by dividing Adjusted Net Loss for the period by weighted average common shares used to compute net loss per share attributable to common stockholders for the period.

We calculate Adjusted EBITDA as net loss, adjusted to exclude: (1) interest income, (2) interest expense, (3) depreciation and amortization, (4) stock-based compensation expense, (5) change in fair value of warrants and derivatives, (6) capitalized cloud computing amortization, (7) sales and use tax income, (8) restructuring charges related to reduction in force payments, (9) litigation expenses (consisting of legal and related fees for a specific proceeding that is outside of our ordinary course of business), (10) warehouse restructuring costs, (11) non-cash impairment of previously capitalized software and cloud computing implementation costs, (12) technology modernization costs, (13) IEEPA tariff refunds related to prior year cost of revenues and (14) other items (as defined below).

We calculate Adjusted EBITDA Margin by dividing Adjusted EBITDA for the period by revenue for the period.

We calculate Free Cash Flow as net cash (used in) provided by operating activities less capital expenditures.

The Non-GAAP Measures are financial measures that are not required by, or presented in accordance with U.S. GAAP. We believe that the Non-GAAP Measures, when taken together with our financial results presented in accordance with U.S. GAAP, provide meaningful supplemental information regarding our operating performance and facilitates internal comparisons of our historical operating performance on a more consistent basis by excluding certain items that may not be indicative of our business, results of operations or outlook. In particular, we believe that the use of the Non-GAAP Measures are helpful to our investors as they are measures used by management in assessing the health of our business, determining incentive compensation and evaluating our operating performance, as well as for internal planning and forecasting purposes.

The Non-GAAP Measures are presented for supplemental informational purposes only, have limitations as an analytical tool and should not be considered in isolation or as a substitute for financial information presented in accordance with U.S. GAAP. Some of the limitations of the Non-GAAP Measures include that (1) the measures do not properly reflect capital commitments to be paid in the future, (2) although depreciation and amortization are non-cash charges, the underlying assets may need to be replaced and Adjusted EBITDA and Adjusted EBITDA Margin do not reflect these capital expenditures, (3) Adjusted EBITDA and Adjusted EBITDA Margin do not consider the impact of stock-based compensation expense, which is an ongoing expense for our company, (4) Adjusted EBITDA and Adjusted EBITDA Margin do not reflect other non-operating expenses, including interest expense and (5) Free cash flow does not represent the total residual cash flow available for discretionary purposes and does not reflect our future contractual commitments. In addition, our use of the Non-GAAP Measures may not be comparable to similarly titled measures of other companies because they may not calculate the Non-GAAP Measures in the same manner, limiting their usefulness as a comparative measure. Because of these limitations, when evaluating our performance, you should consider the Non-GAAP Measures alongside other financial measures, including our net loss and other results stated in accordance with U.S. GAAP.

Adjusted Net Loss

The following table presents a reconciliation of Adjusted EBITDA to net loss, the most directly comparable financial measure stated in accordance with U.S. GAAP, and the calculation of net loss margin and Adjusted EBITDA margin for the periods presented:

Three Months Ended

June 30,

2026 2025

(in thousands, except per share data)

Net income (loss) $ 745 $ (7,030)

Stock compensation expense 2,796 3,594

Change in fair value of warrants and derivatives — (782)

Sales and use tax income (1) — (240)

Restructuring — 423

Litigation expenses (2) 1,322 176

Warehouse restructuring costs 533 726

Technology modernization (3) — 323

IEEPA Tariffs Phase II (7,363) —

Other items (4) 224 57

Adjusted net loss $ (1,743) $ (2,753)

Net income (loss) margin 0.95 % (6.83) %

Adjusted net loss margin (2.21) % (2.68) %

Adjusted net loss per common share - basic and diluted $ (0.20) $ (0.33)

Weighted average common shares used to compute adjusted net loss per share attributable to common stockholders - basic and diluted 8,784,395 8,460,447

Adjusted EBITDA

Three Months Ended

June 30,

2026 2025

(in thousands)

Net income (loss) $ 745 $ (7,030)

Interest income (263) (809)

Interest expense 2 709

Depreciation and amortization expense 1,814 2,520

Stock compensation expense 2,796 3,594

Change in fair value of warrants and derivatives — (782)

Cloud computing amortization 802 421

Sales and use tax income (1) — (240)

Restructuring — 423

Litigation expenses (2) 1,322 176

Warehouse restructuring costs 533 726

Technology modernization (3) — 323

IEEPA Tariffs Phase II (7,363) —

Other items (4) 224 57

Adjusted EBITDA $ 612 $ 88

Net income (loss) margin 0.95 % (6.83) %

Adjusted EBITDA margin 0.78 % 0.09 %

(1)Sales and use tax (income) expense relates to recording a liability for sales and use tax we did not collect from our customers. Historically, we had collected state or local sales, use, or other similar taxes in certain jurisdictions in which we only had physical presence. On June 21, 2018, the U.S. Supreme Court decided, in South Dakota v. Wayfair, Inc., that state and local jurisdictions may, at least in certain circumstances, enforce a sales and use tax collection obligation on remote vendors that have no physical presence in such jurisdiction. A number of states have positioned themselves to require sales and use tax collection by remote vendors and/or by online marketplaces. The details and effective dates of these collection requirements vary from state to state and accordingly, we recorded a liability in those periods in which we created economic nexus based on each state’s requirements. Accordingly, we now collect, remit, and report sales tax in all states that impose a sales tax. Subsequently, as certain of these liabilities are waived by tax authorities or the applicable statute of limitations expires, the related accrued liability is reversed.

(2)Litigation expenses related to a shareholder class action complaint, see Item 1. Legal Proceedings.

(3)Includes consulting fees related to technology transformation activities, and payroll costs for employees that dedicate significant time to this project. We believe that these costs are discrete and non-recurring in nature, as they mainly relate to a one-time unification of our product offerings on our new commerce platform. As such, they are not normal, recurring operating expenses and are not reflective of ongoing trends in the cost of doing business.

(4) For the three months ended June 30, 2026, other items is comprised of executive transition costs including recruiting costs of $0.2 million. For the three months ended June 30, 2025, other items is comprised of costs associated with the share repurchase program of less than $0.1 million.

The following table presents a reconciliation of Free Cash Flow to Net cash used in operating activities, the most directly comparable financial measure prepared in accordance with U.S. GAAP, for each of the periods indicated:

Free Cash Flow

Three Months Ended

June 30,

2026 2025

Free cash flow reconciliation:

Net cash used in operating activities $ (3,542) $ (5,440)

Capital expenditures (111) (708)

Free cash flow $ (3,653) $ (6,148)

Contacts

Investors:

investors@barkbox.com

Media:

press@barkbox.com

Scott Bisang / Ed Hammond / Quinn Conway

Collected Strategies

BARK-CS@collectedstrategies.com

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v3.26.1

Cover

Aug. 06, 2026

Document Information [Line Items]

Document Type

8-K

Document Period End Date

Aug. 06, 2026

Entity Registrant Name

BARK, Inc.

Entity Incorporation, State or Country Code

Entity File Number

001-39691

Entity Tax Identification Number

85-1872418

Entity Address, Address Line One

20 Jay Street, Suite 940

Entity Address, City or Town

Brooklyn

Entity Address, State or Province

Entity Address, Postal Zip Code

11201

City Area Code

855

Local Phone Number

501-2275

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

false

Entity Central Index Key

0001819574

Amendment Flag

false

Common Stock, par value $0.0001

Document Information [Line Items]

Title of 12(b) Security

Common Stock, par value $0.0001

Trading Symbol

BARK

Security Exchange Name

NYSE

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Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

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Area code of city

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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No definition available.

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For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

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No definition available.

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- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

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No definition available.

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- Definition

Address Line 1 such as Attn, Building Name, Street Name

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Name of the City or Town

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Code for the postal or zip code

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Name of the state or province.

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- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Indicate if registrant meets the emerging growth company criteria.

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-Publisher SEC

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Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

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No definition available.

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Two-character EDGAR code representing the state or country of incorporation.

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- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

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-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

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-Publisher SEC

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Local phone number for entity.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

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- Definition

Title of a 12(b) registered security.

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-Publisher SEC

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-Section 12

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- Definition

Name of the Exchange on which a security is registered.

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-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

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-Section 14a

-Subsection 12

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- Definition

Trading symbol of an instrument as listed on an exchange.

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No definition available.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

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