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.
Revenue
$415.4M
Gross Profit
$100.6M
Operating Profit
$1.5M
Net Profit
$-9.3M
Gross Margin
24.2%
Operating Margin
0.4%
Net Margin
-2.2%
YoY Growth
-5.2%
EPS
$-3.49
Barnes & Noble Education, Inc. Q3 FY2024 Financial Summary
Barnes & Noble Education, Inc. reported revenue of $415.4M (down 5.2% YoY) for Q3 FY2024, with a net profit of $-9.3M (up 62.7% YoY) (-2.2% margin). Cost of goods sold was $314.8M, operating expenses totaled $99.1M.
Key Financial Metrics
| Total Revenue | $415.4M |
|---|---|
| Net Profit | $-9.3M |
| Gross Margin | 24.2% |
| Operating Margin | 0.4% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Barnes & Noble Education, Inc. Q3 FY2024 revenue of $415.4M breaks down across 4 segments, led by Course Materials Product at $317.7M (76.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Course Materials Product | $317.7M | 76.5% |
| General Merchandise Product | $72.8M | 17.5% |
| First Day | $20.7M | 5.0% |
| Serviceand Other | $7.6M | 1.8% |
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).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.5B |
| 2024 | $1.4B |
| 2023 | $1.5B |
| 2022 | $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 |