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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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Home›BNED›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Barnes & Noble Education, Inc. (BNED) financials

Income statement

Barnes & Noble Education, Inc. (BNED) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$1.81B$1.87B$2.20B$2.03B$1.85B$1.41B$1.50B$1.54B$1.43B$1.46B
Revenue growth—3.7%17.6%-7.7%-9.0%-24.0%6.3%3.2%-7.3%2.3%
Gross profit$455M$459M$557M$528M$443M$230M$343M$349M$345M$338M
Gross margin25.1%24.5%25.3%25.9%23.9%16.4%22.9%22.6%24.1%23.1%
Operating income$4.62M$13.6M-$263M-$27.7M-$42.8M-$169M-$60.6M-$66.4M-$33.8M$15.9M
Operating margin0.3%0.7%-11.9%-1.4%-2.3%-12.0%-4.1%-4.3%-2.4%1.1%
Net income$84.0K$5.36M-$253M-$24.4M-$38.3M-$140M-$68.9M-$102M-$75.7M-$65.8M
Net margin0.0%0.3%-11.5%-1.2%-2.1%-9.9%-4.6%-6.6%-5.3%-4.5%
EPS (diluted)$0.00$0.11-$5.40-$0.52-$0.80-$2.81-$1.33-$38.61-$28.46-$2.50

Cash flow

Barnes & Noble Education, Inc. (BNED) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$83.1M$68.0M$60.0M$122M-$8.68M$32.9M$1.16M$91.7M-$5.12M-$85.4M
Capital expenditures$50.8M$34.7M$42.8M$46.4M$36.2M$27.6M$33.6M$25.1M$14.1M$12.9M
Free cash flow$32.3M$33.3M$17.2M$75.4M-$44.9M$5.33M-$32.4M$66.6M-$19.2M-$98.3M
Share buybacks$18.6M$9.40M$1.64M$1.98M$1.26M$894K$2.37M$864K$176K$5.00K

Balance sheet

Barnes & Noble Education, Inc. (BNED) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$28.6M$19.0M$16.1M$14.0M$8.24M$8.02M$8.79M$7.66M$8.12M$9.19M
Total assets$1.07B$1.30B$1.04B$946M$1.16B$1.03B$1.07B$1.04B$1.16B$1.09B
Total liabilities$363M$586M$571M$496M$739M$738M$843M$937M$1.04B$800M
Long-term debt——————$186M$278M$30.2M$141M
Shareholders' equity$708M$714M$468M$451M$418M$293M$228M$153M$122M$293M
Retained earnings——-$220M-$245M-$283M-$423M-$491M-$624M-$605M-$690M
Shares (wtd avg diluted)46.5M46.8M46.8M47.3M48.0M49.7M51.8M2.64M2.66M26.3M

Every figure is extracted from Barnes & Noble Education, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Barnes & Noble Education, Inc.'s annual revenue?
Barnes & Noble Education, Inc. (BNED) reported $1.46B of revenue for fiscal year 2025 — up 2.3% from $1.43B in FY2024, per its annual report filed with the SEC.
Is Barnes & Noble Education, Inc. profitable?
Not in FY2025 — BNED reported a net loss of $65.8M, per SEC filings.
What is Barnes & Noble Education, Inc.'s free cash flow?
-$98.3M in FY2025 (operating cash flow -$85.4M minus $12.9M of capital expenditures), from the SEC cash-flow statement.
Does BNED pay a dividend?
Barnes & Noble Education, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full BNED analysis — verdict, score & filings →Is BNED a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.