Return to Revenue Growth
BARK delivered $126.1 million in revenue, marking a 2.5% increase compared to the same period last year and the first quarter of year-over-year revenue growth in 8 quarters.
Commerce Segment Expansion
The commerce segment grew 26% year-over-year, driven by new partnerships with Chewy, Fressnapf, and expansions with existing partners like Costco, T.J. Maxx, and Amazon.
Strong Gross Margin
Achieved a 60% consolidated gross margin in the quarter, reflecting cost improvements in G&A and shipping and fulfillment.
Record Adjusted EBITDA
Delivered an adjusted EBITDA of positive $3.5 million, marking the strongest EBITDA quarter in the company's history and reflecting a $2.5 million improvement compared to last year.
Positive Free Cash Flow
Generated $1 million in positive free cash flow during the period.
BARK Air Success
BARK Air delivered $1.5 million in revenue and positive gross profit, with utilization in the mid-90% range.