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BARK BARK Reports Second Quarter Fiscal Year 2022 Results NEW YORK , November 10 , 2021 The Original BARK Company ( NYSE : BARK ) ( “ BARK ” or the " Company " ) , a leading global omnichannel brand for dogs and their parents , today announced its financial results for the fiscal second quarter ended September 30 , 2021 . Highlights Delivered fiscal second quarter 2022 revenue of $ 120.2 million , a 39.1 % increase year - over - year , and a robust gross margin of 58.2 % . ● Added approximately 271,000 Active Subscriptions , bringing total to 2.1 million as of quarter - end . Achieved a quarterly LTV - to - CAC of 4.9x , driven by record Average Order Value , strong customer retention , and continued marketing efficiency . The Original Bark Company is changing its corporate name to BARK , Inc .; the Company expects this change to be effective on November 22 , 2021 . " BARK continues to benefit from powerful secular and channel tailwinds , including growing dog ownership , increasing spending on pets , and an expanding share of pet sales occurring online . Last quarter , we delivered strong results across several key metrics , including a 39 % increase in Active Subscriptions , a 34 % increase in Subscription Shipments , and a record - high Average Order Value of $ 29.73 " , said Manish Joneja , Chief Executive Officer of BARK . “ Notwithstanding the challenging macro environment with increased freight costs and rising media rates , we delivered a robust gross margin of over 58 % , and maintained a very healthy LTV - to - CAC of 4.9x in the quarter , underscoring our strong customer retention , continued marketing efficiency and strategic positioning as one of the largest digitally native dog brands in the world today . " Fiscal Second Quarter 2022 Details : Revenue Total revenue increased 39.1 % to $ 120.2 million in the second quarter of fiscal year 2022 as compared to $ 86.4 million in the second quarter of fiscal year 2021 . Direct to Consumer ( “ DTC " ) revenue increased 41.7 % to $ 106.8 million in the second quarter of fiscal year 2022 as compared to the same period last year . The growth in DTC revenue was driven by an increase in Subscription Shipments , Average Order Value ( “ AOV ” ) , and Add - to - Box revenue . 1