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Side-by-side financial comparison of Bark, Inc. (BARK) and Bath & Body Works, Inc. (BBWI). Click either name above to swap in a different company.

Bath & Body Works, Inc. is the larger business by last-quarter revenue ($1.6B vs $98.4M, roughly 16.2× Bark, Inc.). Bath & Body Works, Inc. runs the higher net margin — 4.8% vs -8.8%, a 13.6% gap on every dollar of revenue. On growth, Bath & Body Works, Inc. posted the faster year-over-year revenue change (-1.0% vs -22.1%). Bark, Inc. produced more free cash flow last quarter ($1.6M vs $-1.0M). Over the past eight quarters, Bark, Inc.'s revenue compounded faster (-10.0% CAGR vs -26.0%).

Flying Bark Productions Pty. Ltd. is an Australian entertainment and animation studio that is a subsidiary of Belgian production company Studio 100. The studio acts as a full-service production facility across feature films, television and an assorted range of digital content. The studio was established by Yoram and Sandra Gross in 1967 as Yoram Gross Film Studios, and its stake was acquired by Australian media group Village Roadshow in 1996 before their stake was sold to German media & enter...

Bath & Body Works, Inc. is an American specialty retail company based in Columbus, Ohio. It owns Bath & Body Works, posted $7.4 billion in revenue in 2023, and was listed as 481 on the 2024 Fortune 500 list of largest United States companies by revenue.

BARK vs BBWI — Head-to-Head

Bigger by revenue
BBWI
BBWI
16.2× larger
BBWI
$1.6B
$98.4M
BARK
Growing faster (revenue YoY)
BBWI
BBWI
+21.2% gap
BBWI
-1.0%
-22.1%
BARK
Higher net margin
BBWI
BBWI
13.6% more per $
BBWI
4.8%
-8.8%
BARK
More free cash flow
BARK
BARK
$2.6M more FCF
BARK
$1.6M
$-1.0M
BBWI
Faster 2-yr revenue CAGR
BARK
BARK
Annualised
BARK
-10.0%
-26.0%
BBWI

Income Statement — Q3 2026 vs Q4 2026

Metric
BARK
BARK
BBWI
BBWI
Revenue
$98.4M
$1.6B
Net Profit
$-8.6M
$77.0M
Gross Margin
62.5%
41.3%
Operating Margin
-9.1%
10.1%
Net Margin
-8.8%
4.8%
Revenue YoY
-22.1%
-1.0%
Net Profit YoY
24.9%
-27.4%
EPS (diluted)
$-0.05
$0.37

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BARK
BARK
BBWI
BBWI
Q4 25
$98.4M
$1.6B
Q3 25
$107.0M
$1.5B
Q2 25
$102.9M
$1.4B
Q1 25
$115.4M
$2.8B
Q4 24
$126.4M
$1.6B
Q3 24
$126.1M
$1.5B
Q2 24
$116.2M
$1.4B
Q1 24
$121.5M
$2.9B
Net Profit
BARK
BARK
BBWI
BBWI
Q4 25
$-8.6M
$77.0M
Q3 25
$-10.7M
$64.0M
Q2 25
$-7.0M
$105.0M
Q1 25
$-6.1M
$453.0M
Q4 24
$-11.5M
$106.0M
Q3 24
$-5.3M
$152.0M
Q2 24
$-10.0M
$87.0M
Q1 24
$-4.9M
$579.0M
Gross Margin
BARK
BARK
BBWI
BBWI
Q4 25
62.5%
41.3%
Q3 25
57.9%
41.3%
Q2 25
62.3%
45.4%
Q1 25
63.6%
46.7%
Q4 24
62.7%
43.5%
Q3 24
60.4%
41.0%
Q2 24
63.0%
43.8%
Q1 24
62.8%
45.9%
Operating Margin
BARK
BARK
BBWI
BBWI
Q4 25
-9.1%
10.1%
Q3 25
-10.0%
10.1%
Q2 25
-8.1%
14.7%
Q1 25
-5.7%
24.3%
Q4 24
-9.7%
13.5%
Q3 24
-4.5%
12.0%
Q2 24
-9.1%
13.5%
Q1 24
-5.3%
23.9%
Net Margin
BARK
BARK
BBWI
BBWI
Q4 25
-8.8%
4.8%
Q3 25
-10.0%
4.1%
Q2 25
-6.8%
7.4%
Q1 25
-5.3%
16.3%
Q4 24
-9.1%
6.6%
Q3 24
-4.2%
10.0%
Q2 24
-8.6%
6.3%
Q1 24
-4.0%
19.9%
EPS (diluted)
BARK
BARK
BBWI
BBWI
Q4 25
$-0.05
$0.37
Q3 25
$-0.06
$0.30
Q2 25
$-0.04
$0.49
Q1 25
$-0.03
$2.06
Q4 24
$-0.07
$0.49
Q3 24
$-0.03
$0.68
Q2 24
$-0.06
$0.38
Q1 24
$-0.02
$2.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BARK
BARK
BBWI
BBWI
Cash + ST InvestmentsLiquidity on hand
$21.7M
$236.0M
Total DebtLower is stronger
$0
$3.9B
Stockholders' EquityBook value
$81.2M
$-1.6B
Total Assets
$188.7M
$5.0B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BARK
BARK
BBWI
BBWI
Q4 25
$21.7M
$236.0M
Q3 25
$63.4M
$364.0M
Q2 25
$84.7M
$636.0M
Q1 25
$94.0M
$674.0M
Q4 24
$115.3M
$191.0M
Q3 24
$115.2M
$514.0M
Q2 24
$117.8M
$855.0M
Q1 24
$125.5M
$1.1B
Total Debt
BARK
BARK
BBWI
BBWI
Q4 25
$0
$3.9B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$42.6M
$3.9B
Q4 24
$42.5M
$4.2B
Q3 24
$40.1M
$4.2B
Q2 24
$40.0M
$4.3B
Q1 24
$39.9M
$4.4B
Stockholders' Equity
BARK
BARK
BBWI
BBWI
Q4 25
$81.2M
$-1.6B
Q3 25
$86.5M
$-1.5B
Q2 25
$94.0M
$-1.5B
Q1 25
$99.5M
$-1.4B
Q4 24
$113.0M
$-1.7B
Q3 24
$123.6M
$-1.7B
Q2 24
$128.1M
$-1.7B
Q1 24
$139.4M
$-1.6B
Total Assets
BARK
BARK
BBWI
BBWI
Q4 25
$188.7M
$5.0B
Q3 25
$248.0M
$4.8B
Q2 25
$260.0M
$4.9B
Q1 25
$260.6M
$4.9B
Q4 24
$292.2M
$5.0B
Q3 24
$301.6M
$4.9B
Q2 24
$287.7M
$5.2B
Q1 24
$298.6M
$5.5B
Debt / Equity
BARK
BARK
BBWI
BBWI
Q4 25
0.00×
Q3 25
Q2 25
Q1 25
0.43×
Q4 24
0.38×
Q3 24
0.32×
Q2 24
0.31×
Q1 24
0.29×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BARK
BARK
BBWI
BBWI
Operating Cash FlowLast quarter
$1.7M
$80.0M
Free Cash FlowOCF − Capex
$1.6M
$-1.0M
FCF MarginFCF / Revenue
1.6%
-0.1%
Capex IntensityCapex / Revenue
0.1%
5.1%
Cash ConversionOCF / Net Profit
1.04×
TTM Free Cash FlowTrailing 4 quarters
$-36.5M
$946.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BARK
BARK
BBWI
BBWI
Q4 25
$1.7M
$80.0M
Q3 25
$-18.1M
$-43.0M
Q2 25
$-5.4M
$188.0M
Q1 25
$-10.3M
$955.0M
Q4 24
$-1.4M
$-99.0M
Q3 24
$2.8M
$-46.0M
Q2 24
$1.8M
$76.0M
Q1 24
$-1.0M
$926.0M
Free Cash Flow
BARK
BARK
BBWI
BBWI
Q4 25
$1.6M
$-1.0M
Q3 25
$-19.9M
$-99.0M
Q2 25
$-6.1M
$151.0M
Q1 25
$-12.0M
$895.0M
Q4 24
$-2.0M
$-164.0M
Q3 24
$966.0K
$-101.0M
Q2 24
$-251.0K
$30.0M
Q1 24
$-3.2M
$878.0M
FCF Margin
BARK
BARK
BBWI
BBWI
Q4 25
1.6%
-0.1%
Q3 25
-18.6%
-6.4%
Q2 25
-6.0%
10.6%
Q1 25
-10.4%
32.1%
Q4 24
-1.6%
-10.2%
Q3 24
0.8%
-6.6%
Q2 24
-0.2%
2.2%
Q1 24
-2.6%
30.2%
Capex Intensity
BARK
BARK
BBWI
BBWI
Q4 25
0.1%
5.1%
Q3 25
1.7%
3.6%
Q2 25
0.7%
2.6%
Q1 25
1.5%
2.2%
Q4 24
0.5%
4.0%
Q3 24
1.4%
3.6%
Q2 24
1.8%
3.3%
Q1 24
1.8%
1.6%
Cash Conversion
BARK
BARK
BBWI
BBWI
Q4 25
1.04×
Q3 25
-0.67×
Q2 25
1.79×
Q1 25
2.11×
Q4 24
-0.93×
Q3 24
-0.30×
Q2 24
0.87×
Q1 24
1.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BARK
BARK

Toys Accessories$46.0M47%
Consumables$30.2M31%
Commerce Segment$18.9M19%
Other$3.4M3%

BBWI
BBWI

Bath Body Works Stores$1.2B77%
Bath Body Works Direct$299.0M19%
Bath Body Works International$73.0M5%

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