Barnes & Noble Education, Inc. (BNED) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 515.09M | 644.41M | 288.16M | 278.29M | 466.32M | 602.12M | 263.43M | 235.92M | 456.67M | 610.38M | 264.16M | 215.19M | 438.05M | 608.63M | 254.67M | 260.83M | 402.8M | 626.98M | 240.79M | 222.78M |
| Revenue Growth % | 10.46% | 7.02% | 9.39% | 17.96% | 2.11% | -1.35% | -0.28% | 9.64% | 4.25% | 0.29% | 3.73% | -17.5% | 8.75% | -2.93% | 5.76% | 17.08% | -2.14% | 5.29% | 18.03% | -13.28% |
| Cost of Goods Sold | 426.42M | 514.58M | 232.78M | 221.72M | 369.95M | 473.64M | 216.22M | 166.06M | 356.64M | 474.14M | 213.53M | 178.28M | 341.04M | 470.49M | 198.67M | 180.62M | 315.84M | 481.42M | 180.76M | 186.88M |
| COGS % of Revenue | 82.79% | 79.85% | 80.78% | 79.67% | 79.33% | 78.66% | 82.08% | 70.39% | 78.09% | 77.68% | 80.83% | 82.85% | 77.85% | 77.3% | 78.01% | 69.25% | 78.41% | 76.78% | 75.07% | 83.88% |
| Gross Profit | 88.67M | 129.84M | 55.38M | 56.58M | 96.38M | 128.48M | 47.21M | 69.86M | 100.04M | 136.24M | 50.63M | 36.91M | 97.01M | 138.14M | 56.01M | 80.21M | 86.96M | 145.56M | 60.03M | 35.9M |
| Gross Margin % | 17.21% | 20.15% | 19.22% | 20.33% | 20.67% | 21.34% | 17.92% | 29.61% | 21.91% | 22.32% | 19.17% | 17.15% | 22.15% | 22.7% | 21.99% | 30.75% | 21.59% | 23.22% | 24.93% | 16.12% |
| Gross Profit Growth % | -8% | 1.06% | 17.31% | -19.02% | -3.66% | -5.7% | -6.77% | 89.3% | 3.12% | -1.37% | -9.59% | -53.99% | 11.56% | -5.1% | -6.7% | 123.42% | 23.15% | 26.26% | 94.51% | -45.11% |
| Operating Expenses | 72.55M | 89.04M | 78.54M | 28.11M | 73.52M | 81.33M | 138.93M | 86.82M | 99.11M | 100.41M | 92.36M | 64.31M | 112.09M | 109.47M | 101.61M | 97.63M | 120.1M | 120.97M | 100.76M | 95.19M |
| OpEx % of Revenue | 14.09% | 13.82% | 27.26% | 10.1% | 15.77% | 13.51% | 52.74% | 36.8% | 21.7% | 16.45% | 34.96% | 29.89% | 25.59% | 17.99% | 39.9% | 37.43% | 29.82% | 19.29% | 41.85% | 42.73% |
| Selling, General & Admin | 72.55M | 77.3M | 67.86M | 72.28M | 71.56M | 72.94M | 67.02M | 68.38M | 79.76M | 85.96M | 77.48M | 52.57M | 91.84M | 98.95M | 90.34M | 87.84M | 101.46M | 107.9M | 86.23M | 83.56M |
| SG&A % of Revenue | 14.09% | 12% | 23.55% | 25.97% | 15.35% | 12.11% | 25.44% | 28.98% | 17.46% | 14.08% | 29.33% | 24.43% | 20.97% | 16.26% | 35.47% | 33.68% | 25.19% | 17.21% | 35.81% | 37.51% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 16.12M | 40.8M | -23.17M | 28.47M | 22.86M | 47.15M | -91.72M | -16.96M | 921K | 35.83M | -41.73M | -27.41M | -15.08M | 28.67M | -45.61M | -17.42M | -33.13M | 24.59M | -40.73M | -59.29M |
| Operating Margin % | 3.13% | 6.33% | -8.04% | 10.23% | 4.9% | 7.83% | -34.82% | -7.19% | 0.2% | 5.87% | -15.8% | -12.74% | -3.44% | 4.71% | -17.91% | -6.68% | -8.23% | 3.92% | -16.92% | -26.61% |
| Operating Income Growth % | -29.48% | -13.47% | 74.74% | 267.87% | 2381.98% | 31.57% | -119.82% | 38.12% | 106.11% | 24.98% | 8.51% | -57.35% | 54.5% | 16.6% | -11.96% | 70.63% | 48.79% | 265.2% | 30.86% | -13.09% |
| EBITDA | 23.55M | 48.42M | -13.98M | 37.01M | 30.67M | 55.69M | -78.67M | -6.97M | 11.07M | 46.01M | -31.48M | -19.15M | -4.96M | 38.93M | -34.71M | -3.32M | -19.56M | 37.85M | -26.84M | -45.55M |
| EBITDA Margin % | 4.57% | 7.51% | -4.85% | 13.3% | 6.58% | 9.25% | -29.86% | -2.96% | 2.42% | 7.54% | -11.92% | -8.9% | -1.13% | 6.4% | -13.63% | -1.27% | -4.86% | 6.04% | -11.14% | -20.45% |
| EBITDA Growth % | -23.23% | -13.05% | 82.23% | 630.61% | 177.11% | 21.04% | -149.94% | 63.59% | 322.94% | 18.19% | 9.32% | -476.72% | 74.61% | 2.84% | -29.34% | 92.71% | 60.95% | 78.99% | 38.57% | -26.52% |
| D&A (Non-Cash Add-back) | 7.43M | 7.63M | 9.19M | 8.54M | 7.81M | 8.54M | 13.06M | 9.98M | 10.15M | 10.18M | 10.25M | 8.25M | 10.11M | 10.26M | 10.9M | 14.1M | 13.58M | 13.26M | 13.9M | 13.74M |
| EBIT | 14.62M | 39.89M | -24.07M | -31.58M | 22.86M | 46.52M | -91.72M | -28.93M | 921K | 35.83M | -41.73M | -27.41M | -15.08M | 28.67M | -45.61M | -17.42M | -33.13M | 24.59M | -40.73M | -59.29M |
| Net Interest Income | -4.88M | -2.97M | -2.83M | 0 | -5.08M | -4.55M | -7.62M | 0 | -10.62M | -10.66M | -8.25M | -7.01M | -6.92M | -4.89M | -3.87M | -2.29M | -3.05M | -2.26M | -2.49M | -2.21M |
| Interest Income | 13K | 13K | 10K | 0 | 0 | 287K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 4.88M | 2.98M | 2.84M | 0 | 5.08M | 4.83M | 7.62M | 0 | 10.62M | 10.66M | 8.25M | 7.01M | 6.92M | 4.89M | 3.87M | 2.29M | 3.05M | 2.26M | 2.49M | 2.21M |
| Other Income/Expense | -6.38M | -3.88M | -3.75M | -59.33M | -5.08M | -5.46M | -7.62M | -10.83M | -10.62M | -10.66M | -8.25M | -7.01M | -6.92M | -4.89M | -3.87M | -2.29M | -3.05M | -2.26M | -2.49M | -2.21M |
| Pretax Income | 9.74M | 36.91M | -26.91M | -30.86M | 17.78M | 41.68M | -99.34M | -27.79M | -9.7M | 25.17M | -49.98M | -34.42M | -22M | 23.79M | -49.48M | -19.7M | -36.19M | 22.32M | -43.23M | -61.5M |
| Pretax Margin % | 1.89% | 5.73% | -9.34% | -11.09% | 3.81% | 6.92% | -37.71% | -11.78% | -2.12% | 4.12% | -18.92% | -15.99% | -5.02% | 3.91% | -19.43% | -7.55% | -8.98% | 3.56% | -17.95% | -27.61% |
| Income Tax | 3.08M | 11.91M | -8.64M | -7.67M | 10.66M | -1.48M | 136K | -349K | 229K | 314K | -11K | 111K | 139K | -383K | 847K | -9.47M | 615K | -203K | 399K | -17.14M |
| Effective Tax Rate % | 31.65% | 32.26% | 32.11% | 24.85% | 59.99% | -3.55% | -0.14% | 1.26% | -2.36% | 1.25% | 0.02% | -0.32% | -0.63% | -1.61% | -1.71% | 48.04% | -1.7% | -0.91% | -0.92% | 27.87% |
| Net Income | 6.66M | 25M | -18.27M | -23.19M | 7.11M | 43.16M | -99.48M | -27.36M | -9.64M | 24.18M | -50.39M | -46.25M | -25.05M | 22.14M | -52.71M | -10.24M | -36.8M | 22.53M | -43.63M | -44.36M |
| Net Margin % | 1.29% | 3.88% | -6.34% | -8.33% | 1.53% | 7.17% | -37.76% | -11.6% | -2.11% | 3.96% | -19.07% | -21.49% | -5.72% | 3.64% | -20.7% | -3.93% | -9.14% | 3.59% | -18.12% | -19.91% |
| Net Income Growth % | -6.43% | -42.07% | 81.63% | 15.24% | 173.78% | 78.5% | -97.43% | 40.83% | 61.52% | 9.19% | 4.4% | -351.75% | 31.93% | -1.7% | -20.81% | 76.92% | 23.79% | 199.77% | 6.48% | -9.99% |
| Net Income (Continuing) | 6.66M | 25M | -18.27M | -23.19M | 7.11M | 43.16M | -99.48M | -27.44M | -9.93M | 24.85M | -49.97M | -34.53M | -22.13M | 24.17M | -50.32M | -10.24M | -36.8M | 22.53M | -43.63M | -44.36M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72K | 289K | -674K | -417K | 0 | -1000K | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.19 | 0.72 | -0.54 | -0.68 | 0.23 | 1.87 | -7.36 | -10.26 | -3.60 | 10.03 | -2.39 | -2.20 | -10.38 | 9.15 | -96.45 | -0.21 | -71.00 | 41.17 | -85.00 | -101.96 |
| EPS Growth % | -17.39% | -61.5% | 92.66% | 93.37% | 106.39% | -81.36% | -207.95% | -366.36% | 65.32% | 9.62% | 97.52% | -947.62% | 85.38% | -77.78% | -13.47% | 99.79% | 26.36% | 174.47% | 11.8% | -22.01% |
| EPS (Basic) | 0.19 | 0.73 | -0.54 | -0.68 | 0.23 | 1.87 | -7.36 | -10.26 | -3.60 | 10.03 | -2.39 | -2.20 | -10.38 | 9.15 | -96.45 | -0.21 | -70.77 | 43.48 | -84.76 | -101.96 |
| Diluted Shares Outstanding | 34.66M | 34.54M | 34.05M | 34.05M | 30.66M | 26.54M | 27.02M | 26.73M | 21.26M | 21.15M | 21.06M | 21.02M | 24.14M | 24.41M | 20.87M | 20.82M | 20.8M | 21.83M | 20.59M | 20.55M |
| Basic Shares Outstanding | 34.45M | 34.05M | 34.05M | 34.05M | 30.51M | 26.53M | 27.02M | 26.73M | 21.26M | 21.15M | 21.07M | 21.02M | 24.14M | 24.06M | 20.87M | 20.82M | 20.73M | 21.82M | 20.53M | 20.55M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |