vs
Side-by-side financial comparison of Acadia Healthcare Company, Inc. (ACHC) and Barnes & Noble Education, Inc. (BNED). Click either name above to swap in a different company.
Acadia Healthcare Company, Inc. is the larger business by last-quarter revenue ($829.0M vs $598.2M, roughly 1.4× Barnes & Noble Education, Inc.). Barnes & Noble Education, Inc. runs the higher net margin — 4.2% vs 0.5%, a 3.6% gap on every dollar of revenue. On growth, Acadia Healthcare Company, Inc. posted the faster year-over-year revenue change (7.5% vs 6.9%). Over the past eight quarters, Barnes & Noble Education, Inc.'s revenue compounded faster (20.0% CAGR vs 2.0%).
Acadia Healthcare Company, Inc. is an American provider of for-profit behavioral healthcare services. It operates a network of over 225 facilities across the United States and Puerto Rico.
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.
ACHC vs BNED — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $829.0M | $598.2M |
| Net Profit | $4.5M | $25.0M |
| Gross Margin | — | 21.7% |
| Operating Margin | — | 6.8% |
| Net Margin | 0.5% | 4.2% |
| Revenue YoY | 7.5% | 6.9% |
| Net Profit YoY | -50.8% | -49.7% |
| EPS (diluted) | $0.05 | $0.72 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $829.0M | — | ||
| Q4 25 | $821.5M | $598.2M | ||
| Q3 25 | $851.6M | $274.2M | ||
| Q2 25 | $869.2M | $233.0M | ||
| Q1 25 | $770.5M | $419.7M | ||
| Q4 24 | $774.2M | $559.7M | ||
| Q3 24 | $815.6M | $250.9M | ||
| Q2 24 | $796.0M | $192.7M |
| Q1 26 | $4.5M | — | ||
| Q4 25 | $-1.2B | $25.0M | ||
| Q3 25 | $36.2M | $-18.3M | ||
| Q2 25 | $30.1M | $-23.0M | ||
| Q1 25 | $8.4M | $17.9M | ||
| Q4 24 | $32.6M | $43.2M | ||
| Q3 24 | $68.1M | $-103.9M | ||
| Q2 24 | $78.5M | $-41.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 21.7% | ||
| Q3 25 | — | 20.2% | ||
| Q2 25 | — | 30.3% | ||
| Q1 25 | — | 22.3% | ||
| Q4 24 | — | 23.0% | ||
| Q3 24 | — | 17.9% | ||
| Q2 24 | — | 28.7% |
| Q1 26 | — | — | ||
| Q4 25 | -142.4% | 6.8% | ||
| Q3 25 | 4.7% | -8.4% | ||
| Q2 25 | 5.8% | -4.9% | ||
| Q1 25 | 1.7% | 4.5% | ||
| Q4 24 | 4.9% | 8.4% | ||
| Q3 24 | 12.1% | -15.4% | ||
| Q2 24 | 13.4% | -16.3% |
| Q1 26 | 0.5% | — | ||
| Q4 25 | -143.3% | 4.2% | ||
| Q3 25 | 4.3% | -6.7% | ||
| Q2 25 | 3.5% | -9.9% | ||
| Q1 25 | 1.1% | 4.3% | ||
| Q4 24 | 4.2% | 7.7% | ||
| Q3 24 | 8.4% | -41.4% | ||
| Q2 24 | 9.9% | -21.7% |
| Q1 26 | $0.05 | — | ||
| Q4 25 | $-12.98 | $0.72 | ||
| Q3 25 | $0.40 | $-0.54 | ||
| Q2 25 | $0.33 | $2.97 | ||
| Q1 25 | $0.09 | $0.59 | ||
| Q4 24 | $0.36 | $1.63 | ||
| Q3 24 | $0.74 | $-7.69 | ||
| Q2 24 | $0.85 | $-15.68 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $158.5M | $11.7M |
| Total DebtLower is stronger | $2.5B | $122.5M |
| Stockholders' EquityBook value | $2.0B | $283.2M |
| Total Assets | $5.5B | $1.1B |
| Debt / EquityLower = less leverage | 1.29× | 0.43× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $158.5M | — | ||
| Q4 25 | $133.2M | $11.7M | ||
| Q3 25 | $118.7M | $7.3M | ||
| Q2 25 | $131.4M | $9.1M | ||
| Q1 25 | $91.2M | $9.2M | ||
| Q4 24 | $76.3M | $11.6M | ||
| Q3 24 | $82.1M | $8.2M | ||
| Q2 24 | $77.2M | $10.5M |
| Q1 26 | $2.5B | — | ||
| Q4 25 | $2.5B | $122.5M | ||
| Q3 25 | $2.3B | $170.0M | ||
| Q2 25 | $2.3B | $103.1M | ||
| Q1 25 | $2.2B | $141.2M | ||
| Q4 24 | $2.0B | $177.6M | ||
| Q3 24 | $1.9B | $221.9M | ||
| Q2 24 | $1.8B | $196.3M |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.9B | $283.2M | ||
| Q3 25 | $3.1B | $256.5M | ||
| Q2 25 | $3.1B | $272.2M | ||
| Q1 25 | $3.0B | $292.9M | ||
| Q4 24 | $3.1B | $211.4M | ||
| Q3 24 | $3.0B | $149.8M | ||
| Q2 24 | $3.0B | $80.4M |
| Q1 26 | $5.5B | — | ||
| Q4 25 | $5.5B | $1.1B | ||
| Q3 25 | $6.4B | $950.8M | ||
| Q2 25 | $6.3B | $790.3M | ||
| Q1 25 | $6.1B | $1.1B | ||
| Q4 24 | $6.0B | $1.0B | ||
| Q3 24 | $5.9B | $973.2M | ||
| Q2 24 | $5.7B | $909.9M |
| Q1 26 | 1.29× | — | ||
| Q4 25 | 1.28× | 0.43× | ||
| Q3 25 | 0.74× | 0.66× | ||
| Q2 25 | 0.74× | 0.38× | ||
| Q1 25 | 0.72× | 0.48× | ||
| Q4 24 | 0.64× | 0.84× | ||
| Q3 24 | 0.62× | 1.48× | ||
| Q2 24 | 0.62× | 2.44× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $61.5M | $66.2M |
| Free Cash FlowOCF − Capex | — | $61.9M |
| FCF MarginFCF / Revenue | — | 10.4% |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | 13.78× | 2.65× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-4.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $61.5M | — | ||
| Q4 25 | $-86.3M | $66.2M | ||
| Q3 25 | $73.2M | $-67.6M | ||
| Q2 25 | $133.5M | $52.6M | ||
| Q1 25 | $11.5M | $-41.9M | ||
| Q4 24 | $116.7M | $47.4M | ||
| Q3 24 | $163.1M | $-143.5M | ||
| Q2 24 | $171.1M | $81.7M |
| Q1 26 | — | — | ||
| Q4 25 | $-179.5M | $61.9M | ||
| Q3 25 | $-63.0M | $-71.3M | ||
| Q2 25 | $-34.2M | $49.5M | ||
| Q1 25 | $-163.2M | $-44.7M | ||
| Q4 24 | $-86.8M | $44.4M | ||
| Q3 24 | $-27.1M | $-147.5M | ||
| Q2 24 | $16.9M | $79.1M |
| Q1 26 | — | — | ||
| Q4 25 | -21.8% | 10.4% | ||
| Q3 25 | -7.4% | -26.0% | ||
| Q2 25 | -3.9% | 21.3% | ||
| Q1 25 | -21.2% | -10.7% | ||
| Q4 24 | -11.2% | 7.9% | ||
| Q3 24 | -3.3% | -58.8% | ||
| Q2 24 | 2.1% | 41.1% |
| Q1 26 | — | — | ||
| Q4 25 | 11.3% | 0.7% | ||
| Q3 25 | 16.0% | 1.4% | ||
| Q2 25 | 19.3% | 1.3% | ||
| Q1 25 | 22.7% | 0.7% | ||
| Q4 24 | 26.3% | 0.5% | ||
| Q3 24 | 23.3% | 1.6% | ||
| Q2 24 | 19.4% | 1.4% |
| Q1 26 | 13.78× | — | ||
| Q4 25 | — | 2.65× | ||
| Q3 25 | 2.02× | — | ||
| Q2 25 | 4.43× | — | ||
| Q1 25 | 1.37× | -2.34× | ||
| Q4 24 | 3.58× | 1.10× | ||
| Q3 24 | 2.39× | — | ||
| Q2 24 | 2.18× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ACHC
| Acute Inpatient Psychiatric Facilities | $471.0M | 57% |
| Other | $140.0M | 17% |
| Specialty Treatment Facilities | $128.0M | 15% |
| Residential Treatment Facilities | $90.0M | 11% |
BNED
| Course Materials Product | $459.3M | 77% |
| General Merchandise Product | $112.9M | 19% |
| Serviceand Other | $26.1M | 4% |
