Barnes & Noble Education, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.71B | $1.61B | $1.57B | $1.54B | $1.50B | $1.41B | $1.85B | $2.03B |
| Cost of Revenue | $1.35B | $1.27B | $1.22B | $1.19B | $1.15B | $1.18B | $1.41B | $1.51B |
| Gross Profit | $366.2M | $337.8M | $344.9M | $349.4M | $342.8M | $230.3M | $442.5M | $527.7M |
| Gross Margin | 21.4% | 21.0% | 22.0% | 22.6% | 22.9% | 16.4% | 23.9% | 25.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $288.6M | $283.8M | $311.6M | $357.6M | $354.0M | $316.2M | $404.5M | $423.9M |
| Operating Income | $36.5M | $15.9M | $-33.8M | $-66.4M | $-60.6M | $-168.8M | $-42.8M | $-27.7M |
| Operating Margin | 2.1% | 1.0% | -2.2% | -4.3% | -4.1% | -12.0% | -2.3% | -1.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $20.7M | $-61.6M | $-74.2M | $-89.1M | $-70.7M | $-176.8M | $-50.2M | $-37.4M |
| Income Tax Expense | $3.8M | $4.3M | $858.0K | $1.0M | $-9.2M | $-7.2M | $-12.0M | $-13.1M |
| Net Income | $16.9M | $-65.8M | $-75.7M | $-101.9M | $-68.9M | $-139.8M | $-38.3M | $-24.4M |
| Net Margin | 1.0% | -4.1% | -4.8% | -6.6% | -4.6% | -9.9% | -2.1% | -1.2% |
| EPS (Basic) | $0.49 | $-2.50 | $-2.85 | $-3.86 | $-0.13 | $-0.28 | $-0.08 | $-0.05 |
| EPS (Diluted) | $0.49 | $-2.50 | $-2.85 | $-3.86 | $-0.13 | $-0.28 | $-0.08 | $-0.05 |
| Shares Outstanding (Basic) | 34.3M | 26.3M | 26.6M | 26.4M | 518.0M | 496.7M | 480.1M | 473.1M |
| Shares Outstanding (Diluted) | 34.6M | 26.3M | 26.6M | 26.4M | 518.0M | 496.7M | 480.1M | 473.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |