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Companies / Consumer Discretionary / Barnes & Noble Education, Inc.
BNED

Barnes & Noble Education, Inc.

Ticker BNEDFLORHAM PARK, NJFiscal year ends MayBook value per share $8.06Diluted shares 34.5M

Barnes & Noble Education, Inc. (NYSE: BNED) operates physical and virtual bookstores for college and university campuses and K-12 institutions, and provides textbook wholesale distribution and inventory-management hardware and software. Its course materials include new and used print textbooks for sale or rent,… From the company’s description.

Over the twelve months to Aug 1, 2026, Barnes & Noble Education, Inc. reported revenue of $1.72B, up 5.0% from a year earlier, and net income of $22.23M. Its operating margin was 2.5%, and operations generated $64.79M in cash. In fiscal 2025, it reported revenue of $1.71B, up 6.5% from fiscal 2024, and net income of $16.87M.

Fiscal year 2025 · ends 05-03Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-08-01
Sales & profitability
$1.71BFY2025
+6.5% year over year
Last 12 mo $1.72B
2.13%FY2025
+1.1 percentage points
Last 12 mo 2.47%
$16.87MFY2025
+125.6% year over year
Last 12 mo $22.23M
9.22%FY2025
+32.8 percentage points
Last 12 mo 7.99%
Cash & financing
$50.06MFY2025
+158.6% year over year
Last 12 mo $64.79M
$33.86MFY2025
+134.4% year over year
Last 12 mo $48.80M
0.24FY2025
Was 0.38× a year earlier
Last 12 mo 0.44
34.6MFY2025
+31.6% year over year
Last 12 mo 34.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Barnes & Noble Education, Inc. does

In the company’s own words

Barnes & Noble Education, Inc. (NYSE: BNED) operates physical and virtual bookstores for college and university campuses and K-12 institutions, and provides textbook wholesale distribution and inventory-management hardware and software. Its course materials include new and used print textbooks for sale or rent, digital textbooks, and publisher courseware; its BNC First Day® programs deliver required materials to students by the start of class at institutionally billed rates. Campus stores also sell school-branded apparel and gifts, trade books, technology, supplies, café products, and other merchandise. The company serves students, faculty, educational institutions, alumni, and sports fans through campus stores, e-commerce, and wholesale channels. It operates as one reportable segment and includes Barnes & Noble College (BNC) and MBS Textbook Exchange (MBS). In fiscal 2026, it operated 1,116 physical and virtual bookstores, including 647 physical locations and 469 virtual stores, and BNC First Day® generated $760.1 million in revenue. Its brands include Barnes & Noble, BNC, MBS, and True Spirit®. Its website is www.bned.com.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Retail
Headquarters
FLORHAM PARK, NJ
Fiscal year end
May
CIK
1634117
SIC
5940

Financial performance, year by year

Fiscal 2015–2025 · USD
$-498.18M$238.67M$975.53M$1.71B$2.45B20152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Barnes & Noble Education, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

95
funds hold it
0 of 35
superinvestors hold it
$41.54M
held by funds, at market
10.0%
of shares held by funds

Largest fund holders · Barnes & Noble Education, Inc.’s weight in each

Philotimo Focused Growth & Income
PHLOX · World Funds Trust
6.84%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
BALLAST SMALL/MID CAP ETF
MGMT · Unified Series Trust
1.47%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Barnes & Noble Education, Inc. and its peers compare on margins and cash generation over ten years?”
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