Filing Flows

Filing Flows › Barnes & Noble Education (BNED) › Q4 FY26 › vs Q4 FY25

Barnes & Noble Education (BNED) Q4 FY26 vs Q4 FY25 (year over year)

Barnes & Noble Education's revenue fell $14.7M (-5%) from $282M in Q4 FY25 to $267M in Q4 FY26. Gross margin 31.8% against 25.0% (+6.7 pts).

Barnes & Noble Education, Q4 FY26: revenue $267M (-5% year over year), operating margin 1.6%, net earnings $3.5M, operating cash flow $80.8M. The chart draws each line against Q4 FY25, the increases inside each band.

Barnes & Noble Education: what changed, Q4 FY26 vs Q4 FY25Barnes & Noble Education: what changed, Q4 FY26 vs Q4 FY25Cost of revenue−$29.0MOperating cash flow$28.2MFree cash flow (OCF − capex)$26.9MNet earnings$26.5MPre-tax earnings$16.5MOperating profit$15.7MGross profit$14.3MIncome tax benefit$10.0MWorking capital & other$3.1MOperating expenses−$1.4M

Margins

Q4 FY26Q4 FY25Change
Gross margin31.8%25.0%+6.7 pts
Operating margin1.6%-4.1%+5.7 pts
Net margin1.3%-8.2%+9.5 pts
Free cash flow margin28.6%17.6%+11.0 pts

Every line

LineQ4 FY26Q4 FY25Change%
Revenue$267M$282M−$14.7M-5%
Gross profit$84.9M$70.6M$14.3M+20%
Cost of revenue$182M$211M−$29.0M-14%
Operating profit$4.3M−$11.4M$15.7M—
Operating expenses$80.6M$82.0M−$1.4M-2%
Pre-tax earnings$935K−$15.5M$16.5M—
Other expense, net$3.4M$4.1M−$744K-18%
SG&A$70.9M$72.3M−$1.4M-2%
Other operating costs$9.7M$9.7M−$17K-0.2%
Income tax benefit$2.5M−$7.5M$10.0M—
Net earnings$3.5M−$23.0M$26.5M—
Depreciation & amortization$8.5M$8.5M$18K+0.2%
Share-based compensation$1.0M$2.4M−$1.4M-58%
Working capital & other$67.8M$64.7M$3.1M+5%
Operating cash flow$80.8M$52.6M$28.2M+54%
Free cash flow (OCF − capex)$76.4M$49.5M$26.9M+54%
Capital expenditures$4.4M$3.1M$1.3M+42%

Questions

How much did Barnes & Noble Education's revenue grow year over year in Q4 FY26?

Barnes & Noble Education's revenue fell $14.7M (-5%) from $282M in Q4 FY25 to $267M in Q4 FY26. Gross margin 31.8% against 25.0% (+6.7 pts).

Q4 FY26 results → · Compare in the interactive Sankey →