Filing Flows › Build-A-Bear Workshop (BBW) › Q2 FY27 › vs Q2 FY26
Build-A-Bear Workshop (BBW) Q2 FY27 vs Q2 FY26 (year over year)
Build-A-Bear Workshop's revenue fell $9.0M (-7%) from $124M in Q2 FY26 to $115M in Q2 FY27. The biggest changes: Retail −$8.1M (-7%); Commercial Product and Service −$543K (-6%); International Franchising −$322K (-33%). Gross margin 54.2% against 57.6% (-3.4 pts).
Build-A-Bear Workshop, Q2 FY27: revenue $115M (-7% year over year), operating margin 10.1%, net earnings $8.8M, operating cash flow $4.9M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 54.2% | 57.6% | -3.4 pts |
| Operating margin | 10.1% | 12.3% | -2.2 pts |
| Net margin | 7.6% | 10.0% | -2.4 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Retail | $107M | $115M | −$8.1M | -7% |
| Commercial Product and Service | $8.1M | $8.6M | −$543K | -6% |
| International Franchising | $661K | $983K | −$322K | -33% |
| Revenue | $115M | $124M | −$9.0M | -7% |
| Gross profit | $62.5M | $71.5M | −$9.0M | -13% |
| Cost of revenue | $52.8M | $52.7M | $66K | +0.1% |
| Operating profit | $11.6M | $15.3M | −$3.7M | -24% |
| Operating expenses | $50.9M | $56.2M | −$5.3M | -9% |
| Pre-tax earnings | $11.6M | $15.3M | −$3.7M | -24% |
| Net earnings | $8.8M | $12.4M | −$3.6M | -29% |
| Income tax | $2.9M | $3.0M | −$80K | -3% |
| Depreciation & amortization | $4.1M | $3.7M | $444K | +12% |
| Working capital & other | $8.0M | $11.8M | −$3.9M | -33% |
| Operating cash flow | $4.9M | $4.2M | $708K | +17% |
| Capital expenditures | $8.6M | $3.4M | $5.1M | +150% |
| Negative free cash flow (OCF − capex) | $3.6M | −$793K | $4.4M | — |
Questions
How much did Build-A-Bear Workshop's revenue grow year over year in Q2 FY27?
Build-A-Bear Workshop's revenue fell $9.0M (-7%) from $124M in Q2 FY26 to $115M in Q2 FY27.
What drove Build-A-Bear Workshop's revenue change in Q2 FY27?
Retail −$8.1M (-7%); Commercial Product and Service −$543K (-6%); International Franchising −$322K (-33%).