BARK’s new airline hits $2 million in revenue in previous quarter

While overall company revenue is surpassing projections, it is operating at a net loss.
New York-headquartered pet online player BARK reported growth in Q3 of its 2025 financial year (FY). The quarter ended on 31 December 2024.
Total revenue during the period was $126.4 million (€122.4M), a 1.1% increase year-on-year (YoY). The company noted in a press release that this was ahead of its projections.
However, BARK is still operating at a net loss of approximately $11.5 million (€11.1M). That’s $1.4 million (€1.36M) more than during the same period last year, which the company says is due to the extinguishment of debt in FY2024.
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) were negative $1.6 million (€1.55M), which was a $4.9 million (€4.75M) YoY improvement.
“We closed 2024 on a high note, achieving our tenth consecutive quarter of year-over-year growth in adjusted EBITDA and surpassing our revenue guidance,” says company CEO Matt Meeker.
Takeoff ahead?
The company also reported revenue from BARK Air, the dog flight service it launched this year, at $2 million (€1.9M) for the quarter. This is an increase from the $1.5 million (€1.45M) in Q2.
Launched in spring 2024, the service partnered with a charter jet company to create a “truly dog-friendly airline.” It currently offers flights to and from New York, Fort Lauderdale, London, Los Angeles, Milwaukee and Paris.
BARK Air has created a new source of revenue for BARK and drawn attention to the company through its novelty. If consumers remain willing and able to travel long distances with their dogs in tow, growth in the sector may persist as the trend of pet humanization continues.
Outlook
BARK says it will maintain its projections for the full FY2025, which will end in the spring.
It’s projecting $490 million (€475M) to $500 million (€484M) in total revenue, a flat to 2% YoY growth rate. It’s expecting adjusted EBITDA of $1 million (€970K) to $5 million (€4.8M), reflecting a YoY improvement of $11.6 million (€11.2M) to $15.6 million (€15.1M).
The company does not provide projections for its net losses due to uncertainty around stock-based compensation and related tax effects, which “could have a significant impact.”