BARK, Inc.
BARK Consumer Cyclical Specialty Retail
BARK, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $394.8 million, down 18.5% from fiscal 2025. In the quarter to June 2026, revenue fell 23.4%, EPS grew 110.0% and free cash flow grew 40.6%, each against the same quarter a year earlier.
Follow BARK
BARK, Inc. (BARK) Piotroski F-score
BARK, Inc.'s Piotroski F-score for fiscal 2026 is 5 out of 9: 5 of nine tests of profitability, leverage and efficiency passed, unchanged from fiscal 2025.
Piotroski F-score, annual
Embed this chart
Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2026 | 5 | 0.00 |
| FY2025 | 5 | (1.00) |
| FY2024 | 6 | 1.00 |
| FY2023 | 5 | — |
How fiscal 2026’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (18.12%) | (11.76%) | Fail | 0 |
| Positive operating cash flow | (23.16m) | (7.08m) | Fail | 0 |
| Rising return on assets | (18.12%) | (11.76%) | Fail | 0 |
| Cash flow above net income | 15.85m | 25.80m | Pass | 1 |
| Falling long-term leverage | 0.00 | 0.00 | Pass | 1 |
| Rising current ratio | 1.86 | 1.63 | Pass | 1 |
| No new shares issued | 8,542,500 | 8,720,000 | Pass | 1 |
| Rising gross margin | 61.26% | 62.37% | Fail | 0 |
| Rising asset turnover | 1.83 | 1.73 | Pass | 1 |
| Piotroski F-score | Mixed | 5 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| HTLM HomesToLife Ltd compare | 6 |
| GRWG GrowGeneration Corp. compare | 6 |
| ABLV Able View Global Inc. compare | 5 |
| BARK BARK, Inc. | 5 |
| SPWH Sportsman's Warehouse Holdings, Inc. compare | 4 |
| NAAS NaaS Technology Inc. Sponsored ADR compare | 4 |
| ZOOZ ZOOZ Strategy Ltd. compare | 4 |
| NPT Texxon Holding Limited compare | 3 |
| PTLE PTL Limited compare | 3 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover