Barnes & Noble Education, Inc.BNEDEarnings & Financial Report
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
BNED Q2 FY2026 Key Financial Metrics
Revenue
$598.2M
Gross Profit
$129.8M
Operating Profit
$40.8M
Net Profit
$25.0M
Gross Margin
21.7%
Operating Margin
6.8%
Net Margin
4.2%
YoY Growth
6.9%
EPS
$0.72
Barnes & Noble Education, Inc. Q2 FY2026 Financial Summary
Barnes & Noble Education, Inc. reported revenue of $598.2M (up 6.9% YoY) for Q2 FY2026, with a net profit of $25.0M (down 49.7% YoY) (4.2% margin). Cost of goods sold was $468.4M, operating expenses totaled $89.0M.
Key Financial Metrics
| Total Revenue | $598.2M |
|---|---|
| Net Profit | $25.0M |
| Gross Margin | 21.7% |
| Operating Margin | 6.8% |
| Report Period | Q2 FY2026 |
Revenue Breakdown
Barnes & Noble Education, Inc. Q2 FY2026 revenue of $598.2M breaks down across 3 segments, led by Course Materials Product at $459.3M (76.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Course Materials Product | $459.3M | 76.8% |
| General Merchandise Product | $112.9M | 18.9% |
| Serviceand Other | $26.1M | 4.4% |
Barnes & Noble Education, Inc. Revenue by Segment — Quarterly Trend
Barnes & Noble Education, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Course Materials Product and General Merchandise Product) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Course Materials Product | $459.3M | $157.6M | $109.8M | $328.1M |
| General Merchandise Product | $112.9M | $97.7M | $107.5M | $71.6M |
| Serviceand Other | $26.1M | $18.9M | $26.0M | $23.5M |
Barnes & Noble Education, Inc. Annual Revenue by Year
Barnes & Noble Education, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.5B).
Barnes & Noble Education, Inc. Quarterly Revenue & Net Profit History
Barnes & Noble Education, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $598.2M | +6.9% | $25.0M | 4.2% |
| Q1 FY2026 | $274.2M | +9.3% | $-18.3M | -6.7% |
| Q4 FY2025 | $233.0M | +20.9% | $-23.0M | -9.9% |
| Q3 FY2025 | $419.7M | +1.0% | $17.9M | 4.3% |
| Q2 FY2025 | $559.7M | -1.8% | $43.2M | 7.7% |
| Q1 FY2025 | $250.9M | -0.7% | $-103.9M | -41.4% |
| Q4 FY2024 | $192.7M | -19.7% | $-41.9M | -21.7% |
| Q3 FY2024 | $415.4M | -5.2% | $-9.3M | -2.2% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $415.4M | $192.7M | $250.9M | $559.7M | $419.7M | $233.0M | $274.2M | $598.2M |
| YoY Growth | -5.2% | -19.7% | -0.7% | -1.8% | 1.0% | 20.9% | 9.3% | 6.9% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.16B | $909.9M | $973.2M | $1.03B | $1.09B | $790.3M | $950.8M | $1.06B |
| Liabilities | $1.04B | $829.5M | $823.4M | $816.5M | $800.2M | $518.1M | $694.4M | $780.1M |
| Equity | $121.5M | $80.4M | $149.8M | $211.4M | $292.9M | $272.2M | $256.5M | $283.2M |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-35.8M | $81.7M | $-143.5M | $47.4M | $-41.9M | $52.6M | $-67.6M | $66.2M |