Bark vs High Tide
Bark and High Tide are similar in size: $395m and $424m of revenue in their latest fiscal years. High Tide grew faster (10.5% against -18.5%). High Tide kept more of each dollar of sales as profit: a net margin of -8.5% against -9.9%. Bark carries less debt relative to equity (0.0% against 33.8%).
| Latest fiscal year | BarkBARK, 2026 | High TideHITI, 2025 |
|---|---|---|
| Revenue | $395m | $424m |
| Revenue growth | -18.5% | 10.5% |
| Net income | −$39.0m | −$36.2m |
| Operating margin | -10.2% | -2.4% |
| Net margin | -9.9% | -8.5% |
| Return on equity | -45.5% | -43.9% |
| Free cash flow | −$26.6m | $9.8m |
| Cash | $19.3m | $34.2m |
| Total debt | $0 | $21.1m |
| Debt to equity | 0.0% | 33.8% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $1.8m | — |
| Employees | 501 | — |
| Market value | $81.4m | $223m |
| Price vs our value range | — | Below our value range |
| Moat score | 44 (Weak) | — |
| Insider trades, 12 months | 0 buys, 2 sales | 0 buys, 0 sales |