MARKETS / NYSE / BNED

NYSE · RETAIL-MISCELLANEOUS SHOPPING GOODS STORES · MID CAP

Barnes & Noble Education, Inc. BNED

13 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$1.7B

▲ 6.5% YoY

Net income

$16.9M

Free cash flow

$33.9M

In brief

What this company does

Barnes & Noble Education sells and rents new and used print textbooks, and sells digital textbooks and publisher-hosted digital courseware, at its physical and virtual bookstores. As of May 2, 2026, it operated 1,116 physical and virtual bookstores. The Company currently operates as a single operating and reporting segment. It offers its BNC First Day® affordable access course material programs, consisting of First Day Complete and First Day, which provide faculty required course materials on or before the first day of class at below market rates compared with the total retail price for the same materials purchased separately, billed to students through the institution as a course charge or included in tuition. As of May 2, 2026, it had approximately 3,613 domestic employees, of which approximately 2,196 were full-time, and approximately 169 full-time international employees. Barnes & Noble Education, Inc. is a Delaware corporation.

Written from the business description in Barnes & Noble Education, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 9 July 2026. Every sentence was checked against that document before publication.

Growth

USD 1.7B

Revenue, FY2025 · full 13-year series below

Revenue $B Net income $B

FY2025 · Revenue 1.7 · Net income 0.0

Compound annual growth

Revenue

+3.6%

+4.0%

−0.5%

Net income

+69.9%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +4.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

1 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 2.1% · Net 1.0%

ROE

FY2025 · ROE 6.0%

Gross margin21.4%

Operating margin2.1%

Net margin1.0%

Return on assets2.2%

EBITDAUSD 54.7M

Each USD of equity produced 6 cents of profit this year.

Cash & shareholders

—

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 33.9

Net buybacks $M Dividends $M

FY2025 · Dividends — · Net buybacks 0.0

Dividends paid—

Net buybacksUSD 0.00

Share of profit0.0%

Consecutive raises—

Total assetsUSD 739.9M

EquityUSD 294.4M

CashUSD 8.4M

Gross debtUSD 71.0M

Net debtUSD 62.6M

Current ratio1.71×

Net debt stands at 21% of equity.

The 13-year record

13 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue $B	1.7	1.6	1.6	1.5	1.5	1.4	1.9	2.0	2.2	1.9	1.8	1.8	1.7
Operating income $B	0.0	0.0	−0.0	−0.1	−0.1	−0.2	−0.0	−0.0	−0.3	0.0	0.0	0.0	0.1
EBITDA $B	0.1	0.0	−0.0	−0.0	−0.0	−0.1	−0.0	0.0	−0.2	0.1	0.0	0.1	0.1
Income tax $B	0.0	0.0	0.0	0.0	−0.0	−0.0	−0.0	−0.0	−0.0	0.0	0.0	0.0	0.0
Net income $B	0.0	−0.1	−0.1	−0.1	−0.1	−0.1	−0.0	−0.0	−0.3	0.0	0.0	0.0	0.0
Free cash flow $B	0.0	−0.1	−0.0	0.1	−0.0	0.0	−0.0	0.1	0.0	0.0	0.0	−0.0	0.0
EPS, diluted $	0.49	−2.50	−28.46	−38.61	−1.33	−2.81	−0.80	−0.52	−5.40	0.11	0.00	0.33	0.88
Dividend / sh $	·	·	·	·	·	·	·	·	·	·	·	·	·
Payout %	·	·	·	·	·	·	·	·	·	·	·	·	·
ROE %	6.0	−37.3	−64.9	−53.4	−26.4	−39.3	−8.8	−5.3	−42.7	0.8	0.0	2.6	4.7
Shares out B	0.03	0.03	0.00	0.00	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.00	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 62 reconciliationsAUDITED

Reconciled in 13 of 19 fiscal years. 33 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityRetail-Miscellaneous Shopping Goods Stores

Listed onNYSE

Incorporated inDelaware

Fiscal year endsMay 3

SEC categorysmaller reporting company

Data on record since2013