Barnes & Noble Education, Inc. (BNED) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	1.7B	1.7B	1.6B	1.6B	1.5B
Cost of Revenue	1.4B	1.3B	1.3B	1.2B	1.2B
Gross Profit	360.4M	366.2M	337.8M	344.9M	349.4M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	289.1M	289.6M	283.8M	311.6M	357.6M
General & Admin Expense	—	289.6M	—	305.8M	348.5M
Selling & Marketing Expense	67.3M	—	—	5.8M	9.1M
Other Expenses	20.6M	32.8M	38.1M	67.1M	58.3M
Total Operating Expenses	309.7M	322.4M	321.9M	378.7M	415.9M
Cost and Expenses	1.7B	1.7B	1.6B	1.6B	1.6B
Operating Income (EBIT)	49.6M	43.8M	15.9M	(33.8M)	(66.4M)
Non-Operating
Interest Income	81.0K	86.0K	350.0K	1.2M	518.0K
Interest Expense	14.0M	16.0M	17.4M	28.4M	20.1M
Net Interest Income	(13.9M)	(15.9M)	(17.1M)	(27.2M)	(19.6M)
Other Non-Op Income/Expense	(22.0M)	(23.1M)	(77.5M)	(40.4M)	(22.7M)
Non-Operating Income (excl Interest)	12.8M	10.8M	60.0M	12.0M	2.6M
EBT (Pre-Tax Income)	27.6M	20.7M	(61.6M)	(74.2M)	(89.1M)
Income Tax Expense	5.4M	3.8M	4.3M	858.0K	1.0M
Bottom Line
Net Income	22.2M	16.9M	(65.8M)	(75.7M)	(101.9M)
Earnings from Cont. Ops	22.2M	16.9M	(65.8M)	(75.0M)	(90.1M)
Earnings from Discont. Ops	—	—	—	(730.0K)	(11.7M)
Bottom Line Net Income	22.2M	16.9M	(65.8M)	(75.0M)	(101.9M)
Per Share
Basic EPS	$0.65	$0.49	($2.50)	($23.47)	($42.28)
Diluted EPS	$0.64	$0.49	($2.50)	($23.47)	($42.28)
Revenue Per Share	$49.73	$49.95	$61.23	$58.87	$73.55
Shares
Basic Shares Outstanding	34.5M	34.3M	26.3M	26.6M	21.0M
Diluted Shares Outstanding	34.5M	34.6M	26.3M	26.6M	21.0M
Profitability Metrics
EBITDA	68.5M	65.7M	(6.2M)	(5.2M)	(26.9M)
D&A	31.7M	32.8M	37.9M	40.6M	42.2M
EBIT	36.8M	33.0M	(44.1M)	(45.8M)	(69.1M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Aug 1, 2026