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Side-by-side financial comparison of Barnes & Noble Education, Inc. (BNED) and Dayforce (DAY). Click either name above to swap in a different company.
Barnes & Noble Education, Inc. is the larger business by last-quarter revenue ($598.2M vs $481.6M, roughly 1.2× Dayforce). Barnes & Noble Education, Inc. runs the higher net margin — 4.2% vs -40.9%, a 45.0% gap on every dollar of revenue. On growth, Dayforce posted the faster year-over-year revenue change (9.5% vs 6.9%). Over the past eight quarters, Barnes & Noble Education, Inc.'s revenue compounded faster (20.0% CAGR vs 9.8%).
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.
Dayforce, Inc., formerly Ceridian, is an American human resources software and services company.
BNED vs DAY — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $598.2M | $481.6M |
| Net Profit | $25.0M | $-196.8M |
| Gross Margin | 21.7% | — |
| Operating Margin | 6.8% | 6.3% |
| Net Margin | 4.2% | -40.9% |
| Revenue YoY | 6.9% | 9.5% |
| Net Profit YoY | -49.7% | -9940.0% |
| EPS (diluted) | $0.72 | $-1.23 |
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.
| Q4 25 | $598.2M | — | ||
| Q3 25 | $274.2M | $481.6M | ||
| Q2 25 | $233.0M | $464.7M | ||
| Q1 25 | $419.7M | $481.8M | ||
| Q4 24 | $559.7M | $465.2M | ||
| Q3 24 | $250.9M | $440.0M | ||
| Q2 24 | $192.7M | $423.3M | ||
| Q1 24 | $415.4M | $431.5M |
| Q4 25 | $25.0M | — | ||
| Q3 25 | $-18.3M | $-196.8M | ||
| Q2 25 | $-23.0M | $21.3M | ||
| Q1 25 | $17.9M | $14.9M | ||
| Q4 24 | $43.2M | $10.8M | ||
| Q3 24 | $-103.9M | $2.0M | ||
| Q2 24 | $-41.9M | $-1.8M | ||
| Q1 24 | $-9.3M | $7.1M |
| Q4 25 | 21.7% | — | ||
| Q3 25 | 20.2% | — | ||
| Q2 25 | 30.3% | — | ||
| Q1 25 | 22.3% | — | ||
| Q4 24 | 23.0% | 47.0% | ||
| Q3 24 | 17.9% | 45.8% | ||
| Q2 24 | 28.7% | 44.1% | ||
| Q1 24 | 24.2% | 47.6% |
| Q4 25 | 6.8% | — | ||
| Q3 25 | -8.4% | 6.3% | ||
| Q2 25 | -4.9% | 9.1% | ||
| Q1 25 | 4.5% | 6.4% | ||
| Q4 24 | 8.4% | 6.1% | ||
| Q3 24 | -15.4% | 4.7% | ||
| Q2 24 | -16.3% | 3.3% | ||
| Q1 24 | 0.4% | 9.4% |
| Q4 25 | 4.2% | — | ||
| Q3 25 | -6.7% | -40.9% | ||
| Q2 25 | -9.9% | 4.6% | ||
| Q1 25 | 4.3% | 3.1% | ||
| Q4 24 | 7.7% | 2.3% | ||
| Q3 24 | -41.4% | 0.5% | ||
| Q2 24 | -21.7% | -0.4% | ||
| Q1 24 | -2.2% | 1.6% |
| Q4 25 | $0.72 | — | ||
| Q3 25 | $-0.54 | $-1.23 | ||
| Q2 25 | $2.97 | $0.13 | ||
| Q1 25 | $0.59 | $0.09 | ||
| Q4 24 | $1.63 | $0.07 | ||
| Q3 24 | $-7.69 | $0.01 | ||
| Q2 24 | $-15.68 | $-0.01 | ||
| Q1 24 | $-3.49 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $11.7M | $627.6M |
| Total DebtLower is stronger | $122.5M | $631.1M |
| Stockholders' EquityBook value | $283.2M | $2.7B |
| Total Assets | $1.1B | $8.7B |
| Debt / EquityLower = less leverage | 0.43× | 0.23× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.7M | — | ||
| Q3 25 | $7.3M | $627.6M | ||
| Q2 25 | $9.1M | $625.2M | ||
| Q1 25 | $9.2M | $557.3M | ||
| Q4 24 | $11.6M | $579.7M | ||
| Q3 24 | $8.2M | $494.1M | ||
| Q2 24 | $10.5M | $465.4M | ||
| Q1 24 | $8.1M | $392.5M |
| Q4 25 | $122.5M | — | ||
| Q3 25 | $170.0M | $631.1M | ||
| Q2 25 | $103.1M | $631.8M | ||
| Q1 25 | $141.2M | $632.4M | ||
| Q4 24 | $177.6M | $1.2B | ||
| Q3 24 | $221.9M | $1.2B | ||
| Q2 24 | $196.3M | $1.2B | ||
| Q1 24 | $30.2M | $1.2B |
| Q4 25 | $283.2M | — | ||
| Q3 25 | $256.5M | $2.7B | ||
| Q2 25 | $272.2M | $2.7B | ||
| Q1 25 | $292.9M | $2.6B | ||
| Q4 24 | $211.4M | $2.5B | ||
| Q3 24 | $149.8M | $2.6B | ||
| Q2 24 | $80.4M | $2.5B | ||
| Q1 24 | $121.5M | $2.4B |
| Q4 25 | $1.1B | — | ||
| Q3 25 | $950.8M | $8.7B | ||
| Q2 25 | $790.3M | $8.5B | ||
| Q1 25 | $1.1B | $9.5B | ||
| Q4 24 | $1.0B | $9.1B | ||
| Q3 24 | $973.2M | $8.1B | ||
| Q2 24 | $909.9M | $9.0B | ||
| Q1 24 | $1.2B | $10.8B |
| Q4 25 | 0.43× | — | ||
| Q3 25 | 0.66× | 0.23× | ||
| Q2 25 | 0.38× | 0.23× | ||
| Q1 25 | 0.48× | 0.24× | ||
| Q4 24 | 0.84× | 0.47× | ||
| Q3 24 | 1.48× | 0.47× | ||
| Q2 24 | 2.44× | 0.49× | ||
| Q1 24 | 0.25× | 0.50× |
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 | $66.2M | $31.2M |
| Free Cash FlowOCF − Capex | $61.9M | — |
| FCF MarginFCF / Revenue | 10.4% | — |
| Capex IntensityCapex / Revenue | 0.7% | — |
| Cash ConversionOCF / Net Profit | 2.65× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-4.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.2M | — | ||
| Q3 25 | $-67.6M | $31.2M | ||
| Q2 25 | $52.6M | $112.7M | ||
| Q1 25 | $-41.9M | $49.6M | ||
| Q4 24 | $47.4M | $81.0M | ||
| Q3 24 | $-143.5M | $91.8M | ||
| Q2 24 | $81.7M | $99.2M | ||
| Q1 24 | $-35.8M | $9.1M |
| Q4 25 | $61.9M | — | ||
| Q3 25 | $-71.3M | — | ||
| Q2 25 | $49.5M | — | ||
| Q1 25 | $-44.7M | — | ||
| Q4 24 | $44.4M | — | ||
| Q3 24 | $-147.5M | — | ||
| Q2 24 | $79.1M | — | ||
| Q1 24 | $-39.0M | — |
| Q4 25 | 10.4% | — | ||
| Q3 25 | -26.0% | — | ||
| Q2 25 | 21.3% | — | ||
| Q1 25 | -10.7% | — | ||
| Q4 24 | 7.9% | — | ||
| Q3 24 | -58.8% | — | ||
| Q2 24 | 41.1% | — | ||
| Q1 24 | -9.4% | — |
| Q4 25 | 0.7% | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | 1.3% | — | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 1.4% | — | ||
| Q1 24 | 0.8% | — |
| Q4 25 | 2.65× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 5.29× | ||
| Q1 25 | -2.34× | 3.33× | ||
| Q4 24 | 1.10× | 7.50× | ||
| Q3 24 | — | 45.90× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BNED
| Course Materials Product | $459.3M | 77% |
| General Merchandise Product | $112.9M | 19% |
| Serviceand Other | $26.1M | 4% |
DAY
| Dayforce Recurring | $333.0M | 69% |
| Cloud And Bureau Professional Services And Other | $78.5M | 16% |
| Float | $42.2M | 9% |
| Powerpay Recurring | $19.7M | 4% |
| Other Recurring | $8.2M | 2% |
