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BARK (BARK) Gross Margin % : 61.76% (As of Dec. 2023)


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What is BARK Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. BARK's Gross Profit for the three months ended in Dec. 2023 was $77.2 Mil. BARK's Revenue for the three months ended in Dec. 2023 was $125.1 Mil. Therefore, BARK's Gross Margin % for the quarter that ended in Dec. 2023 was 61.76%.


The historical rank and industry rank for BARK's Gross Margin % or its related term are showing as below:

BARK' s Gross Margin % Range Over the Past 10 Years
Min: 55.6   Med: 58.62   Max: 60.36
Current: 60.17


During the past 4 years, the highest Gross Margin % of BARK was 60.36%. The lowest was 55.60%. And the median was 58.62%.

BARK's Gross Margin % is ranked better than
86.48% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.5 vs BARK: 60.17

BARK had a gross margin of 61.76% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for BARK was 0.00% per year.


BARK Gross Margin % Historical Data

The historical data trend for BARK's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BARK Gross Margin % Chart

BARK Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Gross Margin %
60.36 59.68 55.60 57.56

BARK Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.69 56.95 60.57 61.48 61.76

Competitive Comparison of BARK's Gross Margin %

For the Specialty Retail subindustry, BARK's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BARK's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BARK's Gross Margin % distribution charts can be found below:

* The bar in red indicates where BARK's Gross Margin % falls into.



BARK Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

BARK's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=308.1 / 535.315
=(Revenue - Cost of Goods Sold) / Revenue
=(535.315 - 227.2) / 535.315
=57.56 %

BARK's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=77.2 / 125.075
=(Revenue - Cost of Goods Sold) / Revenue
=(125.075 - 47.831) / 125.075
=61.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


BARK  (NYSE:BARK) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

BARK had a gross margin of 61.76% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


BARK Gross Margin % Related Terms

Thank you for viewing the detailed overview of BARK's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


BARK (BARK) Business Description

Traded in Other Exchanges
N/A
Address
120 Broadway, 12th Floor, New York, NY, USA, 10271
BARK Inc is a dog-centric company, devoted to making dogs happy with the products, services, and content. It serves dogs nationwide with monthly subscription services, BarkBox and Super Chewer; e-commerce experience on BarkShop.com; custom collections via its retail partner network, including Target and Amazon; wellness products that meet dogs' needs with BARK Bright; and a personalized meal delivery service for dogs BARK Eats.
Executives
Matt Meeker director, officer: Executive Chairman C/O THE ORIGINAL BARK COMPANY, 221 CANAL ST., FL 6, NEW YORK NY 10013
Larry E Bodner director PO BOX 193575, SAN FRANCISCO CA 94119
David Kamenetzky director 50 SOUTH POINTE DRIVE, APT. 1206N, MIAMI BEACH FL 33139
Joanna Coles director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Zahir Ibrahim officer: Chief Financial Officer C/O MOLSON COORS BREWING COMPANY, 1225 17TH STREET, SUITE 3200, DENVER CO 80202
Brian Dostie officer: VP Accounting, Controller 120 BROADWAY, FL 12, NEW YORK NY 10271
Michele S. Meyer director 300 SIXTH AVENUE, PITTSBURGH PA 15222
Paulette R. Dodson director PETSMART, INC, 19601 N 27TH AVE, PHOENIX AZ 85027
Jim Mcginty director C/O THE ORIGINAL BARK COMPANY, 221 CANAL ST., FL 6, NEW YORK NY 10013
Allison Koehler officer: General Counsel and Secretary 3787 MEDER ROAD, SHINGLE SPRINGS CA 95682
Narayanan Sitaraman officer: Chief Technology Officer C/O THE ORIGINAL BARK COMPANY, 221 CANAL ST., FL 6, NEW YORK NY 10013
Kevin Eyerman officer: VP of Accounting/Controller C/O BARK, INC., 221 CANAL STREET, 2ND FLOOR, NEW YORK NY 10013
Cindy Gustafson officer: Chief Marketing Officer C/O BARK INC, 221 CANAL STREET, NEW YORK NY 10013
Jonathan J Ledecky director, 10 percent owner, officer: Chief Operating Officer C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Henrik Werdelin director, officer: Chief Strategy Officer C/O THE ORIGINAL BARK COMPANY, 221 CANAL ST., FL 6, NEW YORK NY 10013