How did BARK's revenue and expenses trend in Q3 2025?

BARK's revenue for Q3 2025 was approximately $126.4 million, which is a 1.1% increase year-over-year. The net loss for the quarter was approximately $(11.5) million, which is $1.4 million higher than the same period last year. The adjusted EBITDA was approximately $(1.6) million, an improvement of $4.9 million year-over-year.

1. **Revenue Trend**: BARK's revenue trend in Q3 2025 showed a positive growth, with an increase of 1.1% year-over-year. This growth can be attributed to strategic investments in marketing and the successful transition of paid media to the BARK.co platform, which drove an 8% year-over-year growth in new subscribers.
2. **Expense Trend**: The net loss of $(11.5) million indicates that the company's expenses exceeded its revenue during the quarter. The adjusted EBITDA of $(1.6) million, although negative, represents an improvement of $4.9 million year-over-year, suggesting a reduction in losses over the same period. The company's expenses, including research and development and general and administrative expenses, were likely managed effectively to achieve this improvement.

In conclusion, BARK's revenue showed a positive trend with growth, while the net loss was higher than the previous year, but the adjusted EBITDA indicated a significant improvement in profitability. This reflects a challenging environment for the company, but also highlights strategic initiatives that are beginning to show positive results.