What is Barnes & Noble Education, Inc's earnings per share (EPS)?

Barnes & Noble Education, Inc (BNED) reported diluted earnings per share of $0.49 for fiscal year 2026. This represents a 119.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Barnes & Noble Education, Inc (BNED) Financials

BNED

Trailing 12 months to August 1, 2026

Revenue $1.7B +4.9% YoY

Net Income $16.9M -14.9% YoY

EPS (Diluted) $0.64 -36.0% YoY

Free Cash Flow $48.8M +320.0% YoY

Market Cap $455.8M as of Oct 15, 2026

Price / Sales 0.3x on $1.7B revenue, trailing 12 months to August 1, 2026

Price / Earnings 27.0x on $16.9M net income, trailing 12 months to August 1, 2026

Price / Book 1.6x on $278.4M equity, Q1 FY2027

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 15, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2027, ended Aug 1, 2026 Reported Sep 8, 2026 Currency USD FYE May

Newest figures come from the 10-Q for Q1 FY2027, filed Sep 8, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BNED SEC filings page.

Barnes & Noble Education, Inc (BNED) reported $1.7B in revenue over the twelve months to Aug 1, 2026, up 4.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BNED FY2026 2026-10-04

Barnes & Noble Education’s turnaround comes from leaner operating costs and lower leverage, not expanding gross margins.

FY2026 produced $50.1M of operating cash flow against $16.9M of net income, so cash conversion exceeded accounting profit. Positive $33.9M free cash flow after capital spending confirms the improvement was not purely accounting, especially after FY2025’s operating cash flow of -$85.4M.

Gross margin narrowed from 22.9% in FY2022 to 21.4% in FY2026, so the return to profitability did not come from a richer gross spread. SG&A fell from $354M to $289M over that span, indicating leaner overhead—rather than improved product-level economics—carried operating margin from negative to positive.

Total liabilities fell from $850M in FY2023 to $445M in FY2026, reducing the balance sheet’s creditor burden. Debt-to-equity dropped from 1.2x to 0.2x, making the improved financial position more structural than a one-year earnings bounce.

Financial Health Signals

Financial Health Score 40/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Barnes & Noble Education, Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Barnes & Noble Education, Inc has an operating margin of 2.1%, meaning the company retains $2 of operating profit per $100 of revenue. This results in a moderate score of 32/100, indicating healthy but not exceptional operating efficiency. This is up from 1.0% the prior year.

Growth

Barnes & Noble Education, Inc's revenue grew 6.5% year-over-year to $1.7B, a solid pace of expansion. This earns a growth score of 48/100.

Leverage

Barnes & Noble Education, Inc has a moderate D/E ratio of 0.24. This balance of debt and equity financing earns a leverage score of 49/100.

Liquidity

Barnes & Noble Education, Inc's current ratio of 1.71 indicates adequate short-term liquidity, earning a score of 50/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Barnes & Noble Education, Inc's free cash flow margin of 2.0% results in a low score of 23/100. Capital expenditures of $16.2M absorb a large share of operating cash flow.

Returns

Barnes & Noble Education, Inc's ROE of 5.7% shows moderate profitability relative to equity, earning a score of 35/100. This is up from -24.2% the prior year.

Altman Z-Score Grey Zone

2.10

Barnes & Noble Education, Inc scores 2.10, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

8/8

Barnes & Noble Education, Inc passes 8 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

2.97x

For every $1 of reported earnings, Barnes & Noble Education, Inc generates $2.97 in operating cash flow ($50.1M OCF vs $16.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

2.30x

Barnes & Noble Education, Inc earns $2.30 in operating income for every $1 of interest expense ($36.5M vs $15.9M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$290.6M

YoY+0.8%

QoQ+9.8%

5Y CAGR+4.6%

10Y CAGR+2.0%

Barnes & Noble Education, Inc generated $290.6M in revenue in Q1 2027. This represents an increase of 0.8% from the same quarter a year earlier. Against the prior quarter it is up 9.8%.

EBITDA

-$9.1M

YoY+34.9%

QoQ-214.8%

Barnes & Noble Education, Inc's EBITDA was -$9.1M in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 34.9% from the same quarter a year earlier. Against the prior quarter it is down 214.8%.

Net Income

-$12.9M

YoY+29.3%

QoQ-589.5%

Barnes & Noble Education, Inc reported -$12.9M in net income in Q1 2027. This represents an increase of 29.3% from the same quarter a year earlier. Against the prior quarter it is down 589.5%.

EPS (Diluted)

-$0.37

YoY+31.5%

QoQ-470.0%

Barnes & Noble Education, Inc earned -$0.37 per diluted share (EPS) in Q1 2027. This represents an increase of 31.5% from the same quarter a year earlier. Against the prior quarter it is down 470.0%.

Cash & Balance Sheet

Free Cash Flow

-$56.4M

YoY+20.9%

QoQ-173.8%

Barnes & Noble Education, Inc recorded an outflow of $56.4M in free cash flow in Q1 2027, representing a cash shortfall after capex. This represents an increase of 20.9% from the same quarter a year earlier. Against the prior quarter it is down 173.8%.

Cash & Debt

$7.8M

YoY+6.3%

QoQ-7.3%

5Y CAGR+0.4%

10Y CAGR-1.3%

Barnes & Noble Education, Inc held $7.8M in cash against $123.5M in long-term debt as of Q1 2027.

Shares Outstanding

35M

YoY+1.8%

QoQ+0.1%

Barnes & Noble Education, Inc had 35M shares outstanding in Q1 2027. This represents an increase of 1.8% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Dividends Per Share

Not reported for Q1 2027.

Margins & Returns

Gross Margin

19.6%

YoY+0.4pp

QoQ-11.8pp

5Y change-3.2pp

10Y change-0.4pp

Barnes & Noble Education, Inc's gross margin was 19.6% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is up 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 11.8 percentage points.

Operating Margin

-5.9%

YoY+2.1pp

QoQ-5.3pp

Barnes & Noble Education, Inc's operating margin was -5.9% in Q1 2027, reflecting core business profitability. This is up 2.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 5.3 percentage points.

Net Margin

-4.4%

YoY+1.9pp

QoQ-3.7pp

5Y change+14.3pp

10Y change+7.2pp

Barnes & Noble Education, Inc's net profit margin was -4.4% in Q1 2027, showing the share of revenue converted to profit. This is up 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.7 percentage points.

Return on Equity

-4.6%

YoY+2.5pp

QoQ-4.0pp

5Y change+12.9pp

10Y change-0.5pp

Barnes & Noble Education, Inc's ROE was -4.6% in Q1 2027, measuring profit generated per dollar of shareholder equity. This is up 2.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.0 percentage points.

Capital Allocation

Capital Expenditures

$3.5M

YoY-5.5%

QoQ-20.1%

5Y CAGR-20.9%

10Y CAGR-5.5%

Barnes & Noble Education, Inc invested $3.5M in capex in Q1 2027, funding long-term assets and infrastructure. This represents a decrease of 5.5% from the same quarter a year earlier. Against the prior quarter it is down 20.1%.

R&D Spending

Not reported for Q1 2027.

Share Buybacks

Not reported for Q1 2027.

BNED Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BNED quarterly income statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Revenue	$1.7B	$1.7B+6.5%	$1.6B+2.7%	$1.6B+1.6%	$1.5B+3.2%	$1.5B+6.3%	$1.4B-24.0%	$1.9B-9.0%	$2.0B-7.7%	$2.2B+17.6%	$1.9B+3.7%	$1.8B+2.0%	$1.8B+1.4%	$1.7B
Cost of Revenue	$1.3B	$1.3B+6.0%	$1.3B+4.1%	$1.2B+2.4%	$1.2B+3.5%	$1.2B-2.0%	$1.2B-16.5%	$1.4B-6.5%	$1.5B-8.5%	$1.6B+16.3%	$1.4B+4.6%	$1.4B+1.8%	$1.3B+1.4%	$1.3B
Gross Profit	$366.2M	$366.2M+8.4%	$337.8M-2.1%	$344.9M-1.3%	$349.4M+1.9%	$342.8M+48.8%	$230.3M-48.0%	$442.5M-16.1%	$527.7M-5.3%	$557.2M+21.4%	$459.1M+1.0%	$454.7M+2.5%	$443.6M+1.6%	$436.8M
SG&A Expenses	$288.6M	$288.6M+1.7%	$283.8M-8.9%	$311.6M-12.9%	$357.6M+1.0%	$354.0M+12.0%	$316.2M-21.8%	$404.5M-4.6%	$423.9M-2.3%	$433.7M+13.9%	$380.8M+1.8%	$374.2M+4.1%	$359.5M+8.8%	$330.4M
Operating Income	$36.5M	$36.5M+129.5%	$15.9M+147.1%	-$33.8M+49.1%	-$66.4M-9.6%	-$60.6M+64.1%	-$168.8M-294.5%	-$42.8M-54.7%	-$27.7M+89.5%	-$262.7M-2038.1%	$13.6M+193.2%	$4.6M-86.2%	$33.6M-42.5%	$58.3M
EBITDA	N/A	$69.3M+28.6%	$53.9M+696.3%	$6.8M+127.9%	-$24.3M-31.3%	-$18.5M+85.0%	-$123.6M-747.7%	$19.1M-50.1%	$38.2M+119.4%	-$197.1M-394.8%	$66.9M+16.7%	$57.3M-31.8%	$84.1M-20.9%	$106.3M
Interest Expense	$15.9M	$15.9M-28.7%	$22.3M-44.9%	$40.4M+78.0%	$22.7M+324.7%	-$10.1M-24.8%	-$8.1M-8.6%	-$7.4M+23.9%	-$9.8M+5.1%	-$10.3M-197.5%	-$3.5M-85.0%	-$1.9M-791.4%	-$210K+45.5%	-$385K
Income Tax	$3.8M	$3.8M-10.7%	$4.3M+396.0%	$858K-15.1%	$1.0M+111.0%	-$9.2M-27.7%	-$7.2M+40.2%	-$12.0M+8.3%	-$13.1M+36.1%	-$20.4M-532.2%	$4.7M+77.4%	$2.7M-81.2%	$14.2M-37.7%	$22.8M
Net Income	$16.9M	$16.9M+125.6%	-$65.8M+13.1%	-$75.7M+25.6%	-$101.9M-47.9%	-$68.9M+50.7%	-$139.8M-265.5%	-$38.3M-56.9%	-$24.4M+90.3%	-$252.6M-4811.2%	$5.4M+6282.1%	$84K-99.6%	$19.1M-45.5%	$35.1M
EPS (Basic)	N/A	$0.49+119.6%	-$2.50+91.2%	-$28.46+26.3%	-$38.61-2803.0%	-$1.33+52.7%	-$2.81-251.2%	-$0.80-53.8%	-$0.52+90.4%	-$5.40-4600.0%	$0.12	$0.00-100.0%	$0.33-62.5%	$0.88
EPS (Diluted)	$0.64	$0.49+119.6%	-$2.50	-$28.46	-$38.61	-$1.33+52.7%	-$2.81-251.2%	-$0.80-53.8%	-$0.52+90.4%	-$5.40-5009.1%	$0.11	$0.00-100.0%	$0.33-62.5%	$0.88
Diluted Shares (Avg)	N/A	35M+31.6%	26M	3M	3M	52M+4.3%	50M+3.4%	48M+1.5%	47M+1.2%	47M0.0%	47M+0.6%	46M+20.7%	38M+3.3%	37M

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Revenue	$290.6M+0.8%	$264.7M-6.1%	$515.1M+11.3%	$644.4M+7.0%	$288.2M+9.4%	$281.8M+19.4%	$462.8M+1.3%	$602.1M-1.4%
Cost of Revenue	$233.5M+0.3%	$181.5M	$419.0M+13.5%	$514.6M+8.6%	$232.8M+6.6%	N/A	$369.1M+3.7%	$473.6M+0.8%
Gross Profit	$57.0M+3.0%	$83.2M+17.9%	$96.1M+2.5%	$129.8M+1.1%	$55.4M+23.1%	$70.6M+27.4%	$93.8M-6.8%	$128.5M-8.7%
SG&A Expenses	$67.3M-0.8%	$71.4M	$72.6M+1.4%	$77.3M+6.0%	$67.9M+1.3%	N/A	$71.6M-10.3%	$72.9M-15.1%
Operating Income	-$17.3M+25.5%	-$1.6M	$14.6M-22.7%	$40.8M-13.5%	-$23.2M+40.2%	N/A	$18.9M+1173.0%	$47.1M+17.0%
EBITDA	-$9.1M+34.9%	$7.9M	$22.0M-17.6%	$48.4M-13.0%	-$14.0M+45.5%	N/A	$26.7M+129.9%	$55.7M+10.4%
Interest Expense	$2.7M-27.4%	$4.4M+6.9%	$4.9M-3.9%	$3.9M-28.9%	$3.7M-50.8%	$4.1M-62.2%	$5.1M-52.1%	$5.5M-48.8%
Income Tax	-$7.1M+18.3%	-$4.1M	$3.1M+175.0%	$11.9M+904.5%	-$8.6M-466.4%	N/A	-$4.1M-943.5%	-$1.5M-378.2%
Net Income	-$12.9M+29.3%	-$1.9M+91.9%	$6.7M-62.9%	$25.0M-42.1%	-$18.3M+82.4%	-$23.0M+45.1%	$17.9M+292.3%	$43.2M+51.9%
EPS (Basic)	-$0.37+31.5%	$0.10+114.7%	$0.19-67.8%	$0.73-55.2%	-$0.54+93.0%	-$0.68+95.7%	$0.59+116.9%	$1.63-84.8%
EPS (Diluted)	-$0.37+31.5%	$0.10+114.7%	$0.19-67.8%	$0.72-55.8%	-$0.54	-$0.68	$0.59	$1.63
Diluted Shares (Avg)	35M+1.4%	N/A	35M+13.1%	35M+30.1%	34M	34M	31M	27M

Not reported in any period shown, so not listed: R&D Expenses.

BNED Balance Sheet

BNED quarterly balance sheet

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Total Assets	$739.9M-6.4%	$790.3M-13.2%	$909.9M-7.2%	$980.8M-8.5%	$1.1B+3.9%	$1.0B-10.8%	$1.2B+22.2%	$946.2M-9.0%	$1.0B-20.1%	$1.3B+21.3%	$1.1B-1.7%	$1.1B	N/A
Current Assets	$484.5M+4.1%	$465.4M-10.6%	$520.8M-3.0%	$537.0M+1.0%	$531.7M+6.2%	$500.8M-14.4%	$584.9M-1.1%	$591.4M-4.5%	$619.4M+2.8%	$602.6M+35.0%	$446.5M-5.2%	$471.0M	N/A
Cash & Equivalents	$8.4M-7.1%	$9.1M-13.4%	$10.5M-26.4%	$14.2M+61.7%	$8.8M+9.6%	$8.0M-2.6%	$8.2M-41.2%	$14.0M-13.1%	$16.1M-15.1%	$19.0M-33.5%	$28.6M-36.3%	$44.8M-66.1%	$132.1M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$298.3M-0.4%	$299.6M-12.9%	$344.0M+6.5%	$323.0M+9.9%	$293.9M+4.5%	$281.1M-34.5%	$428.9M+2.1%	$420.3M-5.2%	$443.6M+2.2%	$434.1M+38.8%	$312.7M+5.2%	$297.4M	N/A
Accounts Receivable	$116.5M+18.8%	$98.1M-0.8%	$98.8M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	N/A	$4.7M0.0%	$4.7M0.0%	$4.7M0.0%	$4.7M-90.5%	$49.3M-85.0%	$329.5M+17.3%	$280.9M+2.5%	$274.1M0.0%	$274.1M
Total Liabilities	$445.5M-14.0%	$518.1M-37.5%	$829.5M-2.4%	$850.0M+0.8%	$843.2M+14.2%	$738.1M-0.1%	$738.7M+49.1%	$495.6M-13.3%	$571.2M-2.5%	$586.1M+61.3%	$363.3M-0.2%	$364.0M	N/A
Current Liabilities	$283.6M+1.6%	$279.2M-41.2%	$474.7M+2.7%	$462.1M+11.2%	$415.4M+11.2%	$373.7M-8.1%	$406.7M-0.5%	$408.5M-1.2%	$413.5M+0.1%	$413.2M+60.1%	$258.1M+2.1%	$252.8M	N/A
Non-Current Liabilities	$161.9M-32.2%	$238.9M-32.7%	$354.8M-8.5%	$387.9M-9.3%	$427.8M+17.4%	$364.4M+9.8%	$332.0M+281.6%	$87.0M-44.9%	$157.8M-8.7%	$172.9M+64.3%	$105.2M-5.4%	$111.2M	N/A
Long-Term Debt	$71.0M-31.1%	$103.1M-47.5%	$196.3M+7.8%	$182.2M-1.9%	$185.7M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$294.4M+8.2%	$272.2M+238.5%	$80.4M-47.5%	$153.1M-33.0%	$228.4M-22.1%	$293.0M-29.9%	$417.8M-7.3%	$450.6M-3.7%	$468.0M-34.4%	$713.7M+0.8%	$708.4M-2.5%	$726.7M-3.1%	$749.6M
Retained Earnings	-$695.7M+2.4%	-$712.6M-10.2%	-$646.7M-9.0%	-$593.4M-20.7%	-$491.5M-16.3%	-$422.6M-49.4%	-$282.8M-15.6%	-$244.6M-11.1%	-$220.2M-780.4%	$32.4M+19.9%	$27.0M	N/A	N/A

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Total Assets	$846.7M-10.9%	$739.9M-6.4%	$1.1B+3.4%	$1.1B+3.5%	$950.8M-2.3%	$790.3M-13.2%	$1.1B-5.9%	$1.0B-9.7%
Current Assets	$593.9M-4.4%	$484.5M+4.1%	$825.7M+10.2%	$743.2M+11.7%	$621.4M+5.0%	$465.4M-10.6%	$749.4M-1.5%	$665.2M-6.8%
Cash & Equivalents	$7.8M+6.3%	$8.4M-7.1%	$10.1M+10.4%	$11.7M+0.9%	$7.3M-10.6%	$9.1M-13.4%	$9.2M+13.1%	$11.6M-22.6%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$366.3M-8.6%	$298.3M-0.4%	$329.4M+0.8%	$329.1M+4.3%	$400.6M+1.3%	$299.6M-12.9%	$326.8M-4.3%	$315.5M-13.4%
Accounts Receivable	$176.7M+9.1%	$116.5M+18.8%	$416.4M+21.2%	$315.0M+21.2%	$162.0M+6.6%	$98.1M-0.8%	$343.5M+8.9%	$259.8M+17.1%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$568.4M-18.1%	$445.5M-14.0%	$840.3M+5.0%	$780.1M-4.4%	$694.4M-15.7%	$518.1M-37.5%	$800.2M-23.1%	$816.5M-19.1%
Current Liabilities	$357.1M-7.4%	$283.6M+1.6%	$579.8M+10.6%	$525.4M+5.2%	$385.7M-13.5%	$279.2M-41.2%	$524.2M-37.5%	$499.5M-16.4%
Non-Current Liabilities	$211.3M-31.6%	$161.9M-32.2%	$260.5M-5.6%	$254.7M-19.6%	$308.7M-18.2%	$238.9M-32.7%	$276.1M+36.8%	$317.0M-22.9%
Long-Term Debt	$123.5M+73.9%	$71.0M-31.1%	$138.4M-2.0%	$122.5M-31.0%	$71.0M-68.0%	$103.1M-47.5%	$141.2M+367.7%	$177.6M-24.1%
Total Equity	$278.4M+8.5%	$294.4M+8.2%	$290.0M-1.0%	$283.2M+34.0%	$256.5M+71.2%	$272.2M+238.5%	$292.9M+141.1%	$211.4M+62.6%
Retained Earnings	-$708.6M+3.0%	-$695.7M+2.4%	-$699.2M-1.4%	-$705.8M+0.2%	-$730.8M+2.6%	-$712.6M-10.2%	-$689.6M-14.0%	-$707.5M-18.8%

Not reported in any period shown, so not listed: Goodwill.

BNED Cash Flow Statement

BNED quarterly cash flow statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Operating Cash Flow	$64.8M	$50.1M+158.6%	-$85.4M-1567.6%	-$5.1M-105.6%	$91.7M+7795.8%	$1.2M-96.5%	$32.9M+479.2%	-$8.7M-107.1%	$121.8M+102.8%	$60.0M-11.7%	$68.0M-18.2%	$83.1M+368.7%	$17.7M-65.1%	$50.7M
Depreciation & Amortization	N/A	$32.8M-13.7%	$37.9M-6.5%	$40.6M-3.8%	$42.2M+0.1%	$42.1M-6.8%	$45.2M-26.9%	$61.9M-6.1%	$65.9M+0.4%	$65.6M+23.0%	$53.3M+1.2%	$52.7M+4.3%	$50.5M+5.2%	$48.0M
Stock-Based Compensation	N/A	$6.2M+15.4%	$5.4M+59.3%	$3.4M-28.3%	$4.7M-17.7%	$5.7M+22.4%	$4.7M-29.5%	$6.6M-26.4%	$9.0M+6.6%	$8.5M-9.7%	$9.4M+40.4%	$6.7M+40.7%	$4.7M+99.8%	$2.4M
Capital Expenditures	$16.0M	$16.2M+25.6%	$12.9M-8.4%	$14.1M-43.9%	$25.1M-25.3%	$33.6M+21.9%	$27.6M-23.8%	$36.2M-22.0%	$46.4M+8.4%	$42.8M+23.5%	$34.7M-31.7%	$50.8M+4.8%	$48.5M+26.7%	$38.3M
Free Cash Flow	$48.8M	$33.9M+134.4%	-$98.3M-412.2%	-$19.2M-128.8%	$66.6M+305.2%	-$32.4M-708.3%	$5.3M+111.9%	-$44.9M-159.5%	$75.4M+337.4%	$17.2M-48.3%	$33.3M+3.2%	$32.3M+205.1%	-$30.7M-346.2%	$12.5M
Investing Cash Flow	-$16.0M	-$16.2M-33.8%	-$12.1M-263.5%	$7.4M+123.8%	-$31.0M+27.2%	-$42.7M-15.7%	-$36.9M+0.4%	-$37.0M+33.4%	-$55.6M+44.4%	-$100.0M	N/A	N/A	N/A	N/A
Financing Cash Flow	-$49.6M	-$34.4M-135.2%	$97.7M+1813.8%	-$5.7M+88.5%	-$49.7M-208.6%	$45.7M+287.5%	$11.8M-70.5%	$39.9M+158.5%	-$68.3M-294.2%	$35.2M	N/A	N/A	N/A	N/A
Share Buybacks	N/A	$0-100.0%	$5K-97.2%	$176K-79.6%	$864K-63.5%	$2.4M+165.1%	$894K-29.3%	$1.3M-36.0%	$2.0M+20.7%	$1.6M-82.6%	$9.4M-49.5%	$18.6M	$0	$0

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Operating Cash Flow	-$52.9M+21.8%	$80.8M+53.6%	-$29.4M+29.9%	$66.2M+39.7%	-$67.6M+52.9%	$52.6M-35.6%	-$41.9M-17.3%	$47.4M-34.2%
Depreciation & Amortization	$8.2M-11.3%	$8.5M+0.2%	$7.4M-5.1%	$7.6M-10.7%	$9.2M-29.7%	$8.5M-14.9%	$7.8M-22.9%	$8.5M-16.0%
Stock-Based Compensation	$1.1M-57.3%	N/A	$874K-65.9%	$1.8M+41.9%	$2.5M+393.9%	N/A	$2.6M	$1.3M
Capital Expenditures	$3.5M-5.5%	$4.4M+42.2%	$3.7M+34.6%	$4.3M+41.1%	$3.7M-5.7%	$3.1M+18.9%	$2.8M-15.0%	$3.1M-23.1%
Free Cash Flow	-$56.4M+20.9%	$76.4M+54.3%	-$33.1M+25.9%	$61.9M+39.6%	-$71.3M+51.6%	$49.5M-37.4%	-$44.7M-14.6%	$44.4M-34.8%
Investing Cash Flow	-$3.5M+5.5%	-$4.4M-42.3%	-$3.7M-34.6%	-$4.3M-73.4%	-$3.7M0.0%	-$3.1M-18.8%	-$2.8M+15.0%	-$2.5M+37.4%
Financing Cash Flow	$49.7M-23.5%	-$66.6M-77.5%	$15.1M-53.5%	-$47.9M-28.5%	$65.0M-53.6%	-$37.5M+42.8%	$32.5M+73.6%	-$37.3M+28.4%
Dividends Paid	$2.8M	N/A	N/A	N/A	$0	N/A	N/A	N/A
Share Buybacks	N/A	$0-100.0%	$0	$0	$0-100.0%	$1K	$0-100.0%	$0-100.0%

BNED Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BNED quarterly financial ratios

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Gross Margin	21.3%+0.4pp	21.0%-1.0pp	22.0%-0.6pp	22.6%-0.3pp	22.9%+6.5pp	16.4%-7.5pp	23.9%-2.0pp	25.9%+0.7pp	25.3%+0.8pp	24.5%-0.7pp	25.1%+0.1pp	25.0%0.0pp	25.0%
Operating Margin	2.1%+1.1pp	1.0%+3.1pp	-2.2%+2.1pp	-4.3%-0.3pp	-4.0%+7.9pp	-12.0%-9.7pp	-2.3%-0.9pp	-1.4%+10.6pp	-11.9%-12.6pp	0.7%+0.5pp	0.3%-1.6pp	1.9%-1.4pp	3.3%
Net Margin	1.0%+5.1pp	-4.1%+0.7pp	-4.8%+1.8pp	-6.6%-2.0pp	-4.6%+5.3pp	-9.9%-7.9pp	-2.1%-0.9pp	-1.2%+10.3pp	-11.5%-11.8pp	0.3%+0.3pp	0.0%-1.1pp	1.1%-0.9pp	2.0%
Return on Equity	5.7%+29.9pp	-24.2%+70.0pp	-94.2%-27.7pp	-66.5%-36.4pp	-30.1%+17.6pp	-47.7%-38.6pp	-9.2%-3.8pp	-5.4%+48.6pp	-54.0%-54.7pp	0.8%+0.7pp	0.0%-2.6pp	2.6%-2.1pp	4.7%
Return on Assets	2.3%+10.6pp	-8.3%0.0pp	-8.3%+2.1pp	-10.4%-4.0pp	-6.4%+7.1pp	-13.6%-10.3pp	-3.3%-0.7pp	-2.6%+21.7pp	-24.3%-24.7pp	0.4%+0.4pp	0.0%-1.7pp	1.8%	N/A
Current Ratio	1.710.0x	1.67+0.6x	1.10-0.1x	1.16-0.1x	1.28-0.1x	1.34-0.1x	1.440.0x	1.45-0.1x	1.500.0x	1.46-0.3x	1.73-0.1x	1.86	N/A
Debt-to-Equity	0.24-0.1x	0.38-2.1x	2.44+1.3x	1.19+0.4x	0.81-1.7x	2.52+0.8x	1.77+0.7x	1.10-0.1x	1.22+0.4x	0.82+0.3x	0.510.0x	0.50	N/A
Asset Turnover	2.32+0.3x	2.04+0.3x	1.72+0.1x	1.57+0.2x	1.400.0x	1.36-0.2x	1.60-0.5x	2.150.0x	2.12+0.7x	1.44-0.2x	1.69+0.1x	1.63	N/A
FCF Margin	2.0%+8.1pp	-6.1%-4.9pp	-1.2%-5.5pp	4.3%+6.5pp	-2.2%-2.6pp	0.4%+2.8pp	-2.4%-6.1pp	3.7%+2.9pp	0.8%-1.0pp	1.8%0.0pp	1.8%+3.5pp	-1.7%-2.4pp	0.7%

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Gross Margin	19.6%+0.4pp	31.4%+6.4pp	18.7%-1.6pp	20.2%-1.2pp	19.2%+2.1pp	25.1%+1.6pp	20.3%-1.8pp	21.3%-1.7pp
Operating Margin	-5.9%+2.1pp	-0.6%	2.8%-1.2pp	6.3%-1.5pp	-8.0%+6.7pp	N/A	4.1%+3.8pp	7.8%+1.2pp
Net Margin	-4.4%+1.9pp	-0.7%+7.5pp	1.3%-2.6pp	3.9%-3.3pp	-6.3%+33.1pp	-8.2%+9.6pp	3.9%+5.9pp	7.2%+2.5pp
Return on Equity	-4.6%+2.5pp	-0.6%+7.8pp	2.3%-3.8pp	8.8%-11.6pp	-7.1%+62.3pp	-8.5%+43.7pp	6.1%+13.8pp	20.4%-1.4pp
Return on Assets	-1.5%+0.4pp	-0.3%+2.7pp	0.6%-1.1pp	2.4%-1.9pp	-1.9%+8.8pp	-2.9%+1.7pp	1.6%+2.4pp	4.2%+1.7pp
Current Ratio	1.66+0.1x	1.710.0x	1.420.0x	1.41+0.1x	1.61+0.3x	1.67+0.6x	1.43+0.5x	1.33+0.1x
Debt-to-Equity	0.44+0.2x	0.24-0.1x	0.480.0x	0.43-0.4x	0.28-1.2x	0.38-2.1x	0.48+0.2x	0.84-1.0x
Asset Turnover	0.340.0x	0.360.0x	0.460.0x	0.610.0x	0.300.0x	0.36+0.1x	0.420.0x	0.590.0x
FCF Margin	-19.4%+5.3pp	28.9%+11.3pp	-6.4%+3.2pp	9.6%+2.2pp	-24.8%+31.2pp	17.6%-16.0pp	-9.7%-1.1pp	7.4%-3.8pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Barnes & Noble Education, Inc BNED	FY2026	$1.7B	$16.9M	1.0%	$455.8M	40/100
OneWater Marine Inc. ONEW	FY2025	$1.9B	-$114.6M	-6.1%	$146.7M	29/100
BARK, Inc. BARK	FY2026	$394.8M	-$39.0M	-9.9%	$67.8M	39/100
1-800-FLOWERS.COM Inc FLWS	FY2026	$1.5B	-$134.8M	-9.0%	$176.5M	23/100
Sportsman's Warehouse Holdings, Inc. SPWH	FY2025	$1.2B	-$50.1M	-4.1%	$41.9M	21/100
GROW GENERATION CORP GRWG	FY2025	$161.7M	-$24.0M	-14.9%	$86.0M	38/100

Where Barnes & Noble Education, Inc Ranks

Frequently Asked Questions

What is Barnes & Noble Education, Inc's annual revenue?

Barnes & Noble Education, Inc (BNED) reported $1.7B in total revenue for fiscal year 2026. This represents a 6.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Barnes & Noble Education, Inc's revenue growing?

Barnes & Noble Education, Inc (BNED) revenue grew by 6.5% year-over-year, from $1.6B to $1.7B in fiscal year 2026.

Is Barnes & Noble Education, Inc profitable?

Yes, Barnes & Noble Education, Inc (BNED) reported a net income of $16.9M in fiscal year 2026, with a net profit margin of 1.0%.

What is Barnes & Noble Education, Inc's EBITDA?

Barnes & Noble Education, Inc (BNED) had EBITDA of $69.3M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Barnes & Noble Education, Inc have?

As of fiscal year 2026, Barnes & Noble Education, Inc (BNED) had $8.4M in cash and equivalents against $71.0M in long-term debt.

What is Barnes & Noble Education, Inc's gross margin?

Barnes & Noble Education, Inc (BNED) had a gross margin of 21.3% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Barnes & Noble Education, Inc's operating margin?

Barnes & Noble Education, Inc (BNED) had an operating margin of 2.1% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Barnes & Noble Education, Inc's net profit margin?

Barnes & Noble Education, Inc (BNED) had a net profit margin of 1.0% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

What is Barnes & Noble Education, Inc's return on equity (ROE)?

Barnes & Noble Education, Inc (BNED) has a return on equity of 5.7% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Barnes & Noble Education, Inc's free cash flow?

Barnes & Noble Education, Inc (BNED) generated $33.9M in free cash flow during fiscal year 2026. This represents a 134.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Barnes & Noble Education, Inc's operating cash flow?

Barnes & Noble Education, Inc (BNED) generated $50.1M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Barnes & Noble Education, Inc's total assets?

Barnes & Noble Education, Inc (BNED) had $739.9M in total assets as of fiscal year 2026, including both current and long-term assets.

What are Barnes & Noble Education, Inc's capital expenditures?

Barnes & Noble Education, Inc (BNED) invested $16.2M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How many shares does Barnes & Noble Education, Inc have outstanding?

Barnes & Noble Education, Inc (BNED) had 35M shares outstanding as of fiscal year 2026.

What is Barnes & Noble Education, Inc's current ratio?

Barnes & Noble Education, Inc (BNED) had a current ratio of 1.71 as of fiscal year 2026, which is generally considered healthy.

What is Barnes & Noble Education, Inc's debt-to-equity ratio?

Barnes & Noble Education, Inc (BNED) had a debt-to-equity ratio of 0.24 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Barnes & Noble Education, Inc's return on assets (ROA)?

Barnes & Noble Education, Inc (BNED) had a return on assets of 2.3% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Barnes & Noble Education, Inc's P/E ratio?

Barnes & Noble Education, Inc (BNED) trades at 27.0x earnings, its market capitalization divided by net income of $16.9M net income, trailing 12 months to August 1, 2026. The market capitalization is $455.8M as of Oct 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Barnes & Noble Education, Inc's price-to-sales ratio?

Barnes & Noble Education, Inc (BNED) trades at 0.3x sales, its market capitalization divided by revenue of $1.7B revenue, trailing 12 months to August 1, 2026. The market capitalization is $455.8M as of Oct 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Barnes & Noble Education, Inc's Altman Z-Score?

Barnes & Noble Education, Inc (BNED) has an Altman Z-Score of 2.10, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Barnes & Noble Education, Inc's Piotroski F-Score?

Barnes & Noble Education, Inc (BNED) has a Piotroski F-Score of 8 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Barnes & Noble Education, Inc's earnings high quality?

Barnes & Noble Education, Inc (BNED) has an earnings quality ratio of 2.97x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Barnes & Noble Education, Inc cover its interest payments?

Barnes & Noble Education, Inc (BNED) has an interest coverage ratio of 2.30x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Barnes & Noble Education, Inc?

Barnes & Noble Education, Inc (BNED) scores 40 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.