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Side-by-side financial comparison of Barnes & Noble Education, Inc. (BNED) and Westrock Coffee Co (WEST). 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 $339.5M, roughly 1.8× Westrock Coffee Co). Barnes & Noble Education, Inc. runs the higher net margin — 4.2% vs -6.6%, a 10.8% gap on every dollar of revenue. On growth, Westrock Coffee Co posted the faster year-over-year revenue change (48.3% vs 6.9%). Barnes & Noble Education, Inc. produced more free cash flow last quarter ($61.9M vs $27.8M). Over the past eight quarters, Westrock Coffee Co's revenue compounded faster (32.8% CAGR vs 20.0%).
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.
Westrock Coffee Co is a global integrated coffee, tea and functional beverage solutions provider. It sources, roasts, manufactures and distributes coffee products, ready-to-drink beverages and custom formulations for retail, foodservice and commercial clients across North America and other key markets.
BNED vs WEST — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $598.2M | $339.5M |
| Net Profit | $25.0M | $-22.6M |
| Gross Margin | 21.7% | 11.5% |
| Operating Margin | 6.8% | -2.6% |
| Net Margin | 4.2% | -6.6% |
| Revenue YoY | 6.9% | 48.3% |
| Net Profit YoY | -49.7% | 8.3% |
| EPS (diluted) | $0.72 | $-0.22 |
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 | $339.5M | ||
| Q3 25 | $274.2M | $354.8M | ||
| Q2 25 | $233.0M | $280.9M | ||
| Q1 25 | $419.7M | $213.8M | ||
| Q4 24 | $559.7M | $229.0M | ||
| Q3 24 | $250.9M | $220.9M | ||
| Q2 24 | $192.7M | $208.4M | ||
| Q1 24 | $415.4M | $192.5M |
| Q4 25 | $25.0M | $-22.6M | ||
| Q3 25 | $-18.3M | $-19.1M | ||
| Q2 25 | $-23.0M | $-21.6M | ||
| Q1 25 | $17.9M | $-27.2M | ||
| Q4 24 | $43.2M | $-24.6M | ||
| Q3 24 | $-103.9M | $-14.3M | ||
| Q2 24 | $-41.9M | $-17.8M | ||
| Q1 24 | $-9.3M | $-23.7M |
| Q4 25 | 21.7% | 11.5% | ||
| Q3 25 | 20.2% | 11.7% | ||
| Q2 25 | 30.3% | 14.7% | ||
| Q1 25 | 22.3% | 13.6% | ||
| Q4 24 | 23.0% | 16.6% | ||
| Q3 24 | 17.9% | 16.8% | ||
| Q2 24 | 28.7% | 19.9% | ||
| Q1 24 | 24.2% | 19.4% |
| Q4 25 | 6.8% | -2.6% | ||
| Q3 25 | -8.4% | -2.4% | ||
| Q2 25 | -4.9% | -5.3% | ||
| Q1 25 | 4.5% | -6.1% | ||
| Q4 24 | 8.4% | -4.3% | ||
| Q3 24 | -15.4% | -5.8% | ||
| Q2 24 | -16.3% | -7.9% | ||
| Q1 24 | 0.4% | -5.3% |
| Q4 25 | 4.2% | -6.6% | ||
| Q3 25 | -6.7% | -5.4% | ||
| Q2 25 | -9.9% | -7.7% | ||
| Q1 25 | 4.3% | -12.7% | ||
| Q4 24 | 7.7% | -10.7% | ||
| Q3 24 | -41.4% | -6.5% | ||
| Q2 24 | -21.7% | -8.5% | ||
| Q1 24 | -2.2% | -12.3% |
| Q4 25 | $0.72 | $-0.22 | ||
| Q3 25 | $-0.54 | $-0.20 | ||
| Q2 25 | $2.97 | $-0.23 | ||
| Q1 25 | $0.59 | $-0.29 | ||
| Q4 24 | $1.63 | $-0.26 | ||
| Q3 24 | $-7.69 | $-0.16 | ||
| Q2 24 | $-15.68 | $-0.20 | ||
| Q1 24 | $-3.49 | $-0.27 |
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 | $49.9M |
| Total DebtLower is stronger | $122.5M | $444.1M |
| Stockholders' EquityBook value | $283.2M | $-1.9M |
| Total Assets | $1.1B | $1.2B |
| Debt / EquityLower = less leverage | 0.43× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.7M | $49.9M | ||
| Q3 25 | $7.3M | $34.0M | ||
| Q2 25 | $9.1M | $44.0M | ||
| Q1 25 | $9.2M | $33.1M | ||
| Q4 24 | $11.6M | $26.2M | ||
| Q3 24 | $8.2M | $22.4M | ||
| Q2 24 | $10.5M | $24.3M | ||
| Q1 24 | $8.1M | $12.6M |
| Q4 25 | $122.5M | $444.1M | ||
| Q3 25 | $170.0M | — | ||
| Q2 25 | $103.1M | — | ||
| Q1 25 | $141.2M | — | ||
| Q4 24 | $177.6M | $393.1M | ||
| Q3 24 | $221.9M | — | ||
| Q2 24 | $196.3M | — | ||
| Q1 24 | $30.2M | — |
| Q4 25 | $283.2M | $-1.9M | ||
| Q3 25 | $256.5M | $11.4M | ||
| Q2 25 | $272.2M | $18.2M | ||
| Q1 25 | $292.9M | $71.4M | ||
| Q4 24 | $211.4M | $97.5M | ||
| Q3 24 | $149.8M | $110.3M | ||
| Q2 24 | $80.4M | $81.5M | ||
| Q1 24 | $121.5M | $91.7M |
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $950.8M | $1.2B | ||
| Q2 25 | $790.3M | $1.2B | ||
| Q1 25 | $1.1B | $1.1B | ||
| Q4 24 | $1.0B | $1.1B | ||
| Q3 24 | $973.2M | $1.1B | ||
| Q2 24 | $909.9M | $1.1B | ||
| Q1 24 | $1.2B | $983.3M |
| Q4 25 | 0.43× | — | ||
| Q3 25 | 0.66× | — | ||
| Q2 25 | 0.38× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.84× | 4.03× | ||
| Q3 24 | 1.48× | — | ||
| Q2 24 | 2.44× | — | ||
| Q1 24 | 0.25× | — |
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 | $36.7M |
| Free Cash FlowOCF − Capex | $61.9M | $27.8M |
| FCF MarginFCF / Revenue | 10.4% | 8.2% |
| Capex IntensityCapex / Revenue | 0.7% | 2.6% |
| Cash ConversionOCF / Net Profit | 2.65× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-4.6M | $-107.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.2M | $36.7M | ||
| Q3 25 | $-67.6M | $-26.6M | ||
| Q2 25 | $52.6M | $-7.0M | ||
| Q1 25 | $-41.9M | $-22.1M | ||
| Q4 24 | $47.4M | $2.8M | ||
| Q3 24 | $-143.5M | $-332.0K | ||
| Q2 24 | $81.7M | $-23.7M | ||
| Q1 24 | $-35.8M | $8.0M |
| Q4 25 | $61.9M | $27.8M | ||
| Q3 25 | $-71.3M | $-44.7M | ||
| Q2 25 | $49.5M | $-27.5M | ||
| Q1 25 | $-44.7M | $-63.4M | ||
| Q4 24 | $44.4M | $-15.4M | ||
| Q3 24 | $-147.5M | $-36.7M | ||
| Q2 24 | $79.1M | $-59.9M | ||
| Q1 24 | $-39.0M | $-60.9M |
| Q4 25 | 10.4% | 8.2% | ||
| Q3 25 | -26.0% | -12.6% | ||
| Q2 25 | 21.3% | -9.8% | ||
| Q1 25 | -10.7% | -29.7% | ||
| Q4 24 | 7.9% | -6.7% | ||
| Q3 24 | -58.8% | -16.6% | ||
| Q2 24 | 41.1% | -28.7% | ||
| Q1 24 | -9.4% | -31.7% |
| Q4 25 | 0.7% | 2.6% | ||
| Q3 25 | 1.4% | 5.1% | ||
| Q2 25 | 1.3% | 7.3% | ||
| Q1 25 | 0.7% | 19.3% | ||
| Q4 24 | 0.5% | 7.9% | ||
| Q3 24 | 1.6% | 16.5% | ||
| Q2 24 | 1.4% | 17.4% | ||
| Q1 24 | 0.8% | 35.8% |
| Q4 25 | 2.65× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -2.34× | — | ||
| Q4 24 | 1.10× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
