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.
Margins
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Gross margin | 31.8% | 25.0% | +6.7 pts |
| Operating margin | 1.6% | -4.1% | +5.7 pts |
| Net margin | 1.3% | -8.2% | +9.5 pts |
| Free cash flow margin | 28.6% | 17.6% | +11.0 pts |
Every line
| Line | Q4 FY26 | Q4 FY25 | Change | % |
|---|---|---|---|---|
| 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).