BARK, Inc. reported lower revenue but a smaller loss for the quarter ended December 31, 2025. Quarterly revenue fell to $98.4 million from $126.4 million, mainly as Direct to Consumer orders dropped, while Commerce sales were roughly stable.
Net loss improved to $8.6 million from $11.5 million as BARK cut advertising and shipping costs and slightly raised gross margin to about 62.5%. For the first nine months, revenue was $308.3 million with a net loss of $26.3 million, similar to last year.
Cash, cash equivalents and restricted cash declined to $27.2 million at December 31, 2025 from $120.0 million a year earlier, reflecting negative operating cash flow of $21.8 million and repayment of $42.9 million of 2025 convertible notes, leaving no debt outstanding. BARK Air contributed $3.4 million in quarterly revenue and $9.3 million year-to-date.
BARK, Inc. reported lower revenue but a smaller loss for the quarter ended December 31, 2025. Quarterly revenue fell to $98.4 million from $126.4 million, mainly as Direct to Consumer orders dropped, while Commerce sales were roughly stable.
Net loss improved to $8.6 million from $11.5 million as BARK cut advertising and shipping costs and slightly raised gross margin to about 62.5%. For the first nine months, revenue was $308.3 million with a net loss of $26.3 million, similar to last year.
Cash, cash equivalents and restricted cash declined to $27.2 million at December 31, 2025 from $120.0 million a year earlier, reflecting negative operating cash flow of $21.8 million and repayment of $42.9 million of 2025 convertible notes, leaving no debt outstanding. BARK Air contributed $3.4 million in quarterly revenue and $9.3 million year-to-date.
Bark, Inc. insider tax withholding transaction: Chief Revenue Officer Michael Scott Black reported that on 01/10/2026, the company withheld 3,662 shares of common stock at a price of $0.62 per share. These shares were retained by the issuer to cover tax obligations from the vesting and settlement of a restricted stock unit award and were not an open market sale. After this withholding, Black beneficially owned 1,321,088 shares of Bark, Inc. common stock directly.
Bark, Inc. insider tax withholding transaction: Chief Revenue Officer Michael Scott Black reported that on 01/10/2026, the company withheld 3,662 shares of common stock at a price of $0.62 per share. These shares were retained by the issuer to cover tax obligations from the vesting and settlement of a restricted stock unit award and were not an open market sale. After this withholding, Black beneficially owned 1,321,088 shares of Bark, Inc. common stock directly.
BARK, Inc. disclosed that it received a preliminary, non-binding proposal from Great Dane Ventures, LLC to acquire all outstanding shares of its common stock that are not already beneficially owned by a group of existing stockholders for $0.90 per share in cash. This stockholder group includes Chief Executive Officer and Executive Chairman Matt Meeker and several investment firms.
The company’s Board of Directors has created a special committee of independent and disinterested directors to carefully evaluate this proposal and any alternative proposals from other parties. The special committee will determine whether a potential transaction is in the best interests of BARK and all of its stockholders.
BARK, Inc. disclosed that it received a preliminary, non-binding proposal from Great Dane Ventures, LLC to acquire all outstanding shares of its common stock that are not already beneficially owned by a group of existing stockholders for $0.90 per share in cash. This stockholder group includes Chief Executive Officer and Executive Chairman Matt Meeker and several investment firms.
The company’s Board of Directors has created a special committee of independent and disinterested directors to carefully evaluate this proposal and any alternative proposals from other parties. The special committee will determine whether a potential transaction is in the best interests of BARK and all of its stockholders.
Bark, Inc. received a non-binding proposal from Great Dane Ventures, LLC and an affiliated investor group to acquire all outstanding common shares they do not already own for $0.90 in cash per share. The group collectively reports beneficial ownership of approximately 32% of Bark’s shares, or 34.8% if certain warrants are exercised, based on 171,546,997 shares outstanding as of September 30, 2025. The proposal would also involve assuming Bark’s existing debt and cash balances and could ultimately lead to Bark’s shares being delisted and deregistered if a transaction is completed. The letter is explicitly non-binding, subject to negotiation and definitive documentation, and there is no assurance that any acquisition will be agreed or consummated.
Bark, Inc. received a non-binding proposal from Great Dane Ventures, LLC and an affiliated investor group to acquire all outstanding common shares they do not already own for $0.90 in cash per share. The group collectively reports beneficial ownership of approximately 32% of Bark’s shares, or 34.8% if certain warrants are exercised, based on 171,546,997 shares outstanding as of September 30, 2025. The proposal would also involve assuming Bark’s existing debt and cash balances and could ultimately lead to Bark’s shares being delisted and deregistered if a transaction is completed. The letter is explicitly non-binding, subject to negotiation and definitive documentation, and there is no assurance that any acquisition will be agreed or consummated.