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Side-by-side financial comparison of Bark, Inc. (BARK) and Emerald Holding, Inc. (EEX). Click either name above to swap in a different company.

Emerald Holding, Inc. is the larger business by last-quarter revenue ($132.7M vs $98.4M, roughly 1.3× Bark, Inc.). Bark, Inc. runs the higher net margin — -8.8% vs -22.8%, a 14.0% gap on every dollar of revenue. On growth, Emerald Holding, Inc. posted the faster year-over-year revenue change (24.3% vs -22.1%). Emerald Holding, Inc. produced more free cash flow last quarter ($11.7M vs $1.6M). Over the past eight quarters, Emerald Holding, Inc.'s revenue compounded faster (-0.3% CAGR vs -10.0%).

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...

TVS Emerald Haven Realty Limited is an Indian real estate development company headquartered in Chennai, Tamil Nadu. A subsidiary of TVS Holdings, it specializes in sustainable residential communities and urban development projects.

BARK vs EEX — Head-to-Head

Bigger by revenue
EEX
EEX
1.3× larger
EEX
$132.7M
$98.4M
BARK
Growing faster (revenue YoY)
EEX
EEX
+46.4% gap
EEX
24.3%
-22.1%
BARK
Higher net margin
BARK
BARK
14.0% more per $
BARK
-8.8%
-22.8%
EEX
More free cash flow
EEX
EEX
$10.1M more FCF
EEX
$11.7M
$1.6M
BARK
Faster 2-yr revenue CAGR
EEX
EEX
Annualised
EEX
-0.3%
-10.0%
BARK

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BARK
BARK
EEX
EEX
Revenue
$98.4M
$132.7M
Net Profit
$-8.6M
$-30.2M
Gross Margin
62.5%
Operating Margin
-9.1%
-11.8%
Net Margin
-8.8%
-22.8%
Revenue YoY
-22.1%
24.3%
Net Profit YoY
24.9%
-692.2%
EPS (diluted)
$-0.05
$-0.15

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
EEX
EEX
Q4 25
$98.4M
$132.7M
Q3 25
$107.0M
$77.5M
Q2 25
$102.9M
$105.5M
Q1 25
$115.4M
$147.7M
Q4 24
$126.4M
$106.8M
Q3 24
$126.1M
$72.6M
Q2 24
$116.2M
$86.0M
Q1 24
$121.5M
$133.4M
Net Profit
BARK
BARK
EEX
EEX
Q4 25
$-8.6M
$-30.2M
Q3 25
$-10.7M
$-14.4M
Q2 25
$-7.0M
$-1.4M
Q1 25
$-6.1M
$15.3M
Q4 24
$-11.5M
$5.1M
Q3 24
$-5.3M
$-11.1M
Q2 24
$-10.0M
$-2.8M
Q1 24
$-4.9M
$11.0M
Gross Margin
BARK
BARK
EEX
EEX
Q4 25
62.5%
Q3 25
57.9%
Q2 25
62.3%
Q1 25
63.6%
Q4 24
62.7%
Q3 24
60.4%
Q2 24
63.0%
Q1 24
62.8%
Operating Margin
BARK
BARK
EEX
EEX
Q4 25
-9.1%
-11.8%
Q3 25
-10.0%
-10.1%
Q2 25
-8.1%
9.7%
Q1 25
-5.7%
24.2%
Q4 24
-9.7%
19.5%
Q3 24
-4.5%
-6.5%
Q2 24
-9.1%
7.4%
Q1 24
-5.3%
18.2%
Net Margin
BARK
BARK
EEX
EEX
Q4 25
-8.8%
-22.8%
Q3 25
-10.0%
-18.6%
Q2 25
-6.8%
-1.3%
Q1 25
-5.3%
10.4%
Q4 24
-9.1%
4.8%
Q3 24
-4.2%
-15.3%
Q2 24
-8.6%
-3.3%
Q1 24
-4.0%
8.2%
EPS (diluted)
BARK
BARK
EEX
EEX
Q4 25
$-0.05
$-0.15
Q3 25
$-0.06
$-0.07
Q2 25
$-0.04
$-0.01
Q1 25
$-0.03
$0.08
Q4 24
$-0.07
$0.01
Q3 24
$-0.03
$-0.05
Q2 24
$-0.06
$-0.03
Q1 24
$-0.02
$0.00

Balance Sheet & Financial Strength

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

Metric
BARK
BARK
EEX
EEX
Cash + ST InvestmentsLiquidity on hand
$21.7M
$100.9M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$81.2M
$338.8M
Total Assets
$188.7M
$1.2B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BARK
BARK
EEX
EEX
Q4 25
$21.7M
$100.9M
Q3 25
$63.4M
$95.4M
Q2 25
$84.7M
$156.4M
Q1 25
$94.0M
$276.8M
Q4 24
$115.3M
$194.8M
Q3 24
$115.2M
$188.9M
Q2 24
$117.8M
$193.2M
Q1 24
$125.5M
$186.8M
Total Debt
BARK
BARK
EEX
EEX
Q4 25
$0
Q3 25
Q2 25
Q1 25
$42.6M
Q4 24
$42.5M
Q3 24
$40.1M
Q2 24
$40.0M
Q1 24
$39.9M
Stockholders' Equity
BARK
BARK
EEX
EEX
Q4 25
$81.2M
$338.8M
Q3 25
$86.5M
$369.5M
Q2 25
$94.0M
$389.4M
Q1 25
$99.5M
$392.1M
Q4 24
$113.0M
$385.9M
Q3 24
$123.6M
$391.1M
Q2 24
$128.1M
$407.6M
Q1 24
$139.4M
$-90.7M
Total Assets
BARK
BARK
EEX
EEX
Q4 25
$188.7M
$1.2B
Q3 25
$248.0M
$1.2B
Q2 25
$260.0M
$1.2B
Q1 25
$260.6M
$1.2B
Q4 24
$292.2M
$1.0B
Q3 24
$301.6M
$1.1B
Q2 24
$287.7M
$1.1B
Q1 24
$298.6M
$1.1B
Debt / Equity
BARK
BARK
EEX
EEX
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
EEX
EEX
Operating Cash FlowLast quarter
$1.7M
$12.3M
Free Cash FlowOCF − Capex
$1.6M
$11.7M
FCF MarginFCF / Revenue
1.6%
8.8%
Capex IntensityCapex / Revenue
0.1%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-36.5M
$41.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BARK
BARK
EEX
EEX
Q4 25
$1.7M
$12.3M
Q3 25
$-18.1M
$1.8M
Q2 25
$-5.4M
$15.9M
Q1 25
$-10.3M
$12.6M
Q4 24
$-1.4M
$20.6M
Q3 24
$2.8M
$9.1M
Q2 24
$1.8M
$9.8M
Q1 24
$-1.0M
$7.3M
Free Cash Flow
BARK
BARK
EEX
EEX
Q4 25
$1.6M
$11.7M
Q3 25
$-19.9M
$1.5M
Q2 25
$-6.1M
$15.8M
Q1 25
$-12.0M
$12.4M
Q4 24
$-2.0M
$19.9M
Q3 24
$966.0K
$9.0M
Q2 24
$-251.0K
$9.6M
Q1 24
$-3.2M
$7.0M
FCF Margin
BARK
BARK
EEX
EEX
Q4 25
1.6%
8.8%
Q3 25
-18.6%
1.9%
Q2 25
-6.0%
15.0%
Q1 25
-10.4%
8.4%
Q4 24
-1.6%
18.6%
Q3 24
0.8%
12.4%
Q2 24
-0.2%
11.2%
Q1 24
-2.6%
5.2%
Capex Intensity
BARK
BARK
EEX
EEX
Q4 25
0.1%
0.5%
Q3 25
1.7%
0.4%
Q2 25
0.7%
0.1%
Q1 25
1.5%
0.1%
Q4 24
0.5%
0.7%
Q3 24
1.4%
0.1%
Q2 24
1.8%
0.2%
Q1 24
1.8%
0.2%
Cash Conversion
BARK
BARK
EEX
EEX
Q4 25
Q3 25
Q2 25
Q1 25
0.82×
Q4 24
4.04×
Q3 24
Q2 24
Q1 24
0.66×

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%

EEX
EEX

Connections Segment$121.9M92%
Commerce Segment$5.5M4%
Content$5.3M4%

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