Filing Flows › Build-A-Bear Workshop (BBW) › Q4 FY26
Build-A-Bear Workshop (BBW) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Apr 16, 2026
Build-A-Bear Workshop (BBW) reported revenue of $155M for the fourth quarter fiscal 2026 (Q4 FY26), +3% from a year earlier and +26% from the quarter before. Operating margin was 13.9%, net earnings $16.4M (10.6% of revenue).
Build-A-Bear Workshop, Q4 FY26: revenue $155M (+3% year over year), operating margin 13.9%, net earnings $16.4M, operating cash flow $24.8M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $155M | +26% | +3% |
| Gross profit | $85.3M | +30% | +0.2% |
| Operating profit | $21.5M | +101% | -22% |
| Net earnings | $16.4M | +102% | -24% |
| Operating cash flow | $24.8M | +201% | +27% |
| Free cash flow | $12.1M | +613% | +24% |
What changed
Revenue was $154.5M in Q4 FY26, up 3% year over year and up 26% from the previous quarter. Retail was the largest line at 90% of revenue.
Gross margin was 55.2%, down 1.4 points from Q4 FY25. Operating profit was $21.5M, a 13.9% margin (down 4.3 points year over year). Operating profit fell $5.9M even though revenue rose $4.1M versus Q4 FY25, so costs grew faster than sales. Operating expenses grew 11% against revenue growth of 3%. Net earnings were $16.4M, down 24% year over year. The effective tax rate was 23.9%.
Operating cash flow was $24.8M (up 27% year over year), 151% of net earnings. Non-cash charges added back $3.9M of depreciation and amortization and $728K of share-based compensation. Working capital and other items added $3.8M. Capital expenditures of $12.7M left free cash flow of $12.1M.
Questions
What was Build-A-Bear Workshop's revenue in the fourth quarter fiscal 2026?
Build-A-Bear Workshop (BBW) reported revenue of $155M for the fourth quarter fiscal 2026 (Q4 FY26), +3% from a year earlier and +26% from the quarter before.
Was Build-A-Bear Workshop profitable in the fourth quarter fiscal 2026?
Operating profit was $21.5M (13.9% of revenue) and net earnings $16.4M.