Bark, Inc. (BARK) intrinsic value & 10-year financials

Bark, Inc. (BARK) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue grew 9.9% a year to $394.8M, with an average return on invested capital of -36.0%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$7.73
Market cap
$66.0M
Revenue (FY2026)
$394.8M
Revenue growth (8-yr CAGR)
9.9%
ROIC (10-yr avg)
-36.0%
Free cash flow (FY2026)
-$26.6M

BARK 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2026 $394.8M -$39.0M -$4.57 -$26.6M -10.2% -47.2%
FY2025 $484.2M -$32.9M -$0.19 -$13.2M -7.3% -38.8%
FY2024 $490.2M -$37.0M -$0.21 -$2.8M -9.3% -41.9%
FY2023 $535.3M -$61.5M -$0.35 -$16.6M -11.9% -52.0%
FY2022 $507.4M -$68.3M -$0.44 -$193.5M -18.6% -76.9%
FY2021 $378.6M -$31.4M -$0.68 -$24.4M -5.4% -17.1%
FY2020 $224.3M -$31.4M -$0.70 — -11.9% 22.1%
FY2019 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Bark, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Bark, Inc. has historically struggled to out-earn its cost of capital, averaging just -45.6% ROIC.

Bark, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Bark, Inc. is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-96.60 per share.

BARK stock: frequently asked questions

What is the intrinsic value of Bark, Inc. (BARK) stock?

Graham's formula only works with positive earnings. Bark, Inc. reported diluted EPS of -$4.57 in fiscal 2026, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does Bark, Inc. generate free cash flow?

Bark, Inc. generated -$26.6M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2026. Free cash flow was positive in 0 of the last 6 reported years.

What is BARK's return on invested capital?

Average ROIC over the last 8 fiscal years was -36.0%, and average return on equity was -16.6%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this BARK data come from?

From Bark, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 6, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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