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Side-by-side financial comparison of Barnes & Noble Education, Inc. (BNED) and KEMPER Corp (KMPR). Click either name above to swap in a different company.
KEMPER Corp is the larger business by last-quarter revenue ($1.1B vs $598.2M, roughly 1.9× Barnes & Noble Education, Inc.). Barnes & Noble Education, Inc. runs the higher net margin — 4.2% vs -0.7%, a 4.9% gap on every dollar of revenue. On growth, Barnes & Noble Education, Inc. posted the faster year-over-year revenue change (6.9% vs -4.7%). KEMPER Corp produced more free cash flow last quarter ($166.2M vs $61.9M). Over the past eight quarters, Barnes & Noble Education, Inc.'s revenue compounded faster (20.0% CAGR vs -0.5%).
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.
Kemper Corporation is an American insurance provider with corporate headquarters located in Chicago, Illinois. With nearly $13 billion in assets, the Kemper family of companies provides insurance to individuals, families, and businesses.
BNED vs KMPR — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $598.2M | $1.1B |
| Net Profit | $25.0M | $-8.0M |
| Gross Margin | 21.7% | — |
| Operating Margin | 6.8% | — |
| Net Margin | 4.2% | -0.7% |
| Revenue YoY | 6.9% | -4.7% |
| Net Profit YoY | -49.7% | -108.2% |
| EPS (diluted) | $0.72 | $-0.03 |
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 | $1.1B | ||
| Q3 25 | $274.2M | $1.2B | ||
| Q2 25 | $233.0M | $1.2B | ||
| Q1 25 | $419.7M | $1.2B | ||
| Q4 24 | $559.7M | $1.2B | ||
| Q3 24 | $250.9M | $1.2B | ||
| Q2 24 | $192.7M | $1.1B | ||
| Q1 24 | $415.4M | $1.1B |
| Q4 25 | $25.0M | $-8.0M | ||
| Q3 25 | $-18.3M | $-21.0M | ||
| Q2 25 | $-23.0M | $72.6M | ||
| Q1 25 | $17.9M | $99.7M | ||
| Q4 24 | $43.2M | $97.4M | ||
| Q3 24 | $-103.9M | $73.7M | ||
| Q2 24 | $-41.9M | $75.4M | ||
| Q1 24 | $-9.3M | $71.3M |
| 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 24 | 24.2% | — |
| Q4 25 | 6.8% | — | ||
| Q3 25 | -8.4% | — | ||
| Q2 25 | -4.9% | — | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | 8.4% | — | ||
| Q3 24 | -15.4% | 11.2% | ||
| Q2 24 | -16.3% | 10.1% | ||
| Q1 24 | 0.4% | 7.6% |
| Q4 25 | 4.2% | -0.7% | ||
| Q3 25 | -6.7% | -1.7% | ||
| Q2 25 | -9.9% | 5.9% | ||
| Q1 25 | 4.3% | 8.4% | ||
| Q4 24 | 7.7% | 8.2% | ||
| Q3 24 | -41.4% | 6.3% | ||
| Q2 24 | -21.7% | 6.7% | ||
| Q1 24 | -2.2% | 6.2% |
| Q4 25 | $0.72 | $-0.03 | ||
| Q3 25 | $-0.54 | $-0.34 | ||
| Q2 25 | $2.97 | $1.12 | ||
| Q1 25 | $0.59 | $1.54 | ||
| Q4 24 | $1.63 | $1.51 | ||
| Q3 24 | $-7.69 | $1.14 | ||
| Q2 24 | $-15.68 | $1.16 | ||
| Q1 24 | $-3.49 | $1.10 |
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 | — |
| Total DebtLower is stronger | $122.5M | $943.5M |
| Stockholders' EquityBook value | $283.2M | $2.7B |
| Total Assets | $1.1B | $12.5B |
| Debt / EquityLower = less leverage | 0.43× | 0.35× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.7M | — | ||
| Q3 25 | $7.3M | $371.2M | ||
| Q2 25 | $9.1M | $407.6M | ||
| Q1 25 | $9.2M | $545.3M | ||
| Q4 24 | $11.6M | $1.0B | ||
| Q3 24 | $8.2M | $696.9M | ||
| Q2 24 | $10.5M | $539.1M | ||
| Q1 24 | $8.1M | $520.7M |
| Q4 25 | $122.5M | $943.5M | ||
| Q3 25 | $170.0M | $943.1M | ||
| Q2 25 | $103.1M | $942.6M | ||
| Q1 25 | $141.2M | $942.1M | ||
| Q4 24 | $177.6M | $1.4B | ||
| Q3 24 | $221.9M | $1.4B | ||
| Q2 24 | $196.3M | $1.4B | ||
| Q1 24 | $30.2M | $1.4B |
| Q4 25 | $283.2M | $2.7B | ||
| Q3 25 | $256.5M | $2.7B | ||
| Q2 25 | $272.2M | $370.0M | ||
| Q1 25 | $292.9M | $366.0M | ||
| Q4 24 | $211.4M | $2.8B | ||
| Q3 24 | $149.8M | $2.8B | ||
| Q2 24 | $80.4M | $358.0M | ||
| Q1 24 | $121.5M | $2.6B |
| Q4 25 | $1.1B | $12.5B | ||
| Q3 25 | $950.8M | $12.4B | ||
| Q2 25 | $790.3M | $12.6B | ||
| Q1 25 | $1.1B | $12.5B | ||
| Q4 24 | $1.0B | $12.6B | ||
| Q3 24 | $973.2M | $12.6B | ||
| Q2 24 | $909.9M | $12.6B | ||
| Q1 24 | $1.2B | $12.6B |
| Q4 25 | 0.43× | 0.35× | ||
| Q3 25 | 0.66× | 0.35× | ||
| Q2 25 | 0.38× | 2.55× | ||
| Q1 25 | 0.48× | 2.57× | ||
| Q4 24 | 0.84× | 0.50× | ||
| Q3 24 | 1.48× | 0.50× | ||
| Q2 24 | 2.44× | 3.88× | ||
| Q1 24 | 0.25× | 0.54× |
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 | $175.0M |
| Free Cash FlowOCF − Capex | $61.9M | $166.2M |
| FCF MarginFCF / Revenue | 10.4% | 14.7% |
| Capex IntensityCapex / Revenue | 0.7% | 0.8% |
| Cash ConversionOCF / Net Profit | 2.65× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-4.6M | $553.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.2M | $175.0M | ||
| Q3 25 | $-67.6M | $139.9M | ||
| Q2 25 | $52.6M | $89.6M | ||
| Q1 25 | $-41.9M | $180.0M | ||
| Q4 24 | $47.4M | $175.1M | ||
| Q3 24 | $-143.5M | $141.9M | ||
| Q2 24 | $81.7M | $22.9M | ||
| Q1 24 | $-35.8M | $43.0M |
| Q4 25 | $61.9M | $166.2M | ||
| Q3 25 | $-71.3M | $133.4M | ||
| Q2 25 | $49.5M | $82.0M | ||
| Q1 25 | $-44.7M | $172.3M | ||
| Q4 24 | $44.4M | $165.4M | ||
| Q3 24 | $-147.5M | $131.4M | ||
| Q2 24 | $79.1M | $5.2M | ||
| Q1 24 | $-39.0M | $27.7M |
| Q4 25 | 10.4% | 14.7% | ||
| Q3 25 | -26.0% | 10.8% | ||
| Q2 25 | 21.3% | 6.7% | ||
| Q1 25 | -10.7% | 14.4% | ||
| Q4 24 | 7.9% | 13.9% | ||
| Q3 24 | -58.8% | 11.1% | ||
| Q2 24 | 41.1% | 0.5% | ||
| Q1 24 | -9.4% | 2.4% |
| Q4 25 | 0.7% | 0.8% | ||
| Q3 25 | 1.4% | 0.5% | ||
| Q2 25 | 1.3% | 0.6% | ||
| Q1 25 | 0.7% | 0.6% | ||
| Q4 24 | 0.5% | 0.8% | ||
| Q3 24 | 1.6% | 0.9% | ||
| Q2 24 | 1.4% | 1.6% | ||
| Q1 24 | 0.8% | 1.3% |
| Q4 25 | 2.65× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.23× | ||
| Q1 25 | -2.34× | 1.81× | ||
| Q4 24 | 1.10× | 1.80× | ||
| Q3 24 | — | 1.93× | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | — | 0.60× |
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% |
KMPR
| Specialty Property Casualty Insurance Segment | $995.1M | 88% |
| Life Insurance Segment1 | $140.7M | 12% |
