Barnes & Noble Education, Inc. (BNED)
NYSE · Retail-Miscellaneous Shopping Goods Stores · Retail trade · CIK 1634117 · fiscal year ends in May
Closing price $12.71 on 29 Oct 2026; 52-week range $6.12 to $13.96.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $1.7B
- Revenue growth
- 5.0%
- Net income, last twelve months
- $22.2M
- Gross margin
- 21.4%
- Operating margin
- 2.5%
- Net margin
- 1.3%
- Free cash flow
- $48.8M
- Return on equity
- 8.0%
- Market value
- $440.7M
- Price to earnings
- 19.8x
- Cash
- $7.8M
- Debt
- $123.5M
- Debt to equity
- 0.44
- Shares outstanding
- 34.7M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2026 | 2 May 2026 | $1.7B | $36.5M | $16.9M | $0.49 | $33.9M | 10-K filed 9 Jul 2026 |
| FY2025 | 3 May 2025 | $1.6B | $15.9M | -$65.8M | -$2.50 | -$98.3M | 10-K filed 23 Dec 2025 |
| FY2024 | 27 Apr 2024 | $1.6B | -$33.8M | -$75.7M | -$28.46 | -$19.2M | 10-K filed 1 Jul 2024 |
| FY2023 | 29 Apr 2023 | $1.5B | -$66.4M | -$101.9M | -$38.80 | $66.6M | 10-K filed 31 Jul 2023 |
| FY2022 | 30 Apr 2022 | $1.5B | -$60.6M | -$68.9M | -$26.60 | -$32.4M | 10-K filed 29 Jun 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q1 FY2027 | 1 Aug 2026 | $290.6M | -$12.9M | -$0.37 |
| Q4 FY2026 | 2 May 2026 | $267.1M | $3.5M | $0.12 |
| Q3 FY2026 | 31 Jan 2026 | $515.1M | $6.7M | $0.19 |
| Q2 FY2026 | 1 Nov 2025 | $644.4M | $25.0M | $0.72 |
| Q1 FY2026 | 2 Aug 2025 | $288.2M | -$18.3M | -$0.54 |
| Q4 FY2025 | 3 May 2025 | $281.8M | -$23.0M | -$0.68 |
| Q3 FY2025 | 25 Jan 2025 | $462.8M | $17.9M | $0.59 |
| Q2 FY2025 | 26 Oct 2024 | $602.1M | $43.2M | $1.63 |
Company events
The newest 8-K filings of 121 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 23 Oct 2026 | 8-K | Leadership change | 5.02 |
| 30 Sep 2026 | 8-K | Shareholder vote | 5.07 |
| 24 Sep 2026 | 8-K | Other events | 8.01, 9.01 |
| 8 Sep 2026 | 8-K | Results | 2.02, 9.01 |
| 9 Jul 2026 | 8-K | Results | 2.02, 9.01 |
| 24 Jun 2026 | 8-K | Results, Investor update, Other events | 2.02, 7.01, 8.01, 9.01 |
| 16 Mar 2026 | 8-K | Shareholder vote | 5.07 |
| 10 Mar 2026 | 8-K | Results | 2.02, 9.01 |
| 20 Jan 2026 | 8-K | Results | 2.02, 9.01 |
| 23 Dec 2025 | 8-K | Results | 2.02, 9.01 |
| 25 Nov 2025 | 8-K | Restatement, Results, Other events | 2.02, 4.02, 8.01, 9.01 |
| 12 Sep 2025 | 8-K | Results | 2.02 |
Every filing
The newest filings with the SEC of 274 held.
| Filed | Form | Period |
|---|---|---|
| 23 Oct 2026 | 8-K | 22 Oct 2026 |
| 30 Sep 2026 | 8-K | 24 Sep 2026 |
| 24 Sep 2026 | 8-K | 24 Sep 2026 |
| 8 Sep 2026 | 10-Q | 1 Aug 2026 |
| 8 Sep 2026 | 8-K | 8 Sep 2026 |
| 12 Aug 2026 | ARS | 2 May 2026 |
| 12 Aug 2026 | DEFA14A | – |
| 12 Aug 2026 | DEF 14A | 24 Sep 2026 |
| 9 Jul 2026 | 10-K | 2 May 2026 |
| 9 Jul 2026 | 8-K | 9 Jul 2026 |
| 24 Jun 2026 | 8-K | 24 Jun 2026 |
| 16 Mar 2026 | 8-K | 10 Mar 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 23 Sep 2026 | Luster Gary, SVP, Chief Accounting Officer | Sale outside a trading plan | 2,267 | $11.20 | $25.4K | 29,667 | 25 Sep 2026 |
| 22 Sep 2026 | Shar Jonathan, CEO | Sale outside a trading plan | 30,000 | $11.04 | $331.2K | 325,285 | 24 Sep 2026 |
| 17 Jul 2026 | Snagusky Jason, CFO | Sale outside a trading plan | 5,000 | $12.64 | $63.2K | 71,762 | 21 Jul 2026 |
| 10 Jul 2026 | Snagusky Jason, CFO | Sale outside a trading plan | 2,237 | $11.61 | $26.0K | 76,762 | 14 Jul 2026 |
| 10 Jul 2026 | Neumann Christopher, EVP General Counsel, Secretary | Sale outside a trading plan | 2,785 | $11.61 | $32.3K | 81,715 | 14 Jul 2026 |
| 10 Jul 2026 | Luster Gary, SVP, Chief Accounting Officer | Sale outside a trading plan | 1,066 | $11.61 | $12.4K | 31,934 | 14 Jul 2026 |
| 2 Jul 2026 | Snagusky Jason, CFO | Sale outside a trading plan | 826 | $12.24 | $10.1K | 80,383 | 7 Jul 2026 |
| 2 Jul 2026 | Snagusky Jason, CFO | Sale outside a trading plan | 1,384 | $12.65 | $17.5K | 78,999 | 7 Jul 2026 |
| 1 Jul 2026 | Shar Jonathan, CEO | Sale outside a trading plan | 67,896 | $12.83 | $871.1K | 294,940 | 6 Jul 2026 |
| 13 Mar 2026 | Shar Jonathan, CEO | Sale outside a trading plan | 81 | $8.11 | $657 | 362,836 | 17 Mar 2026 |
| 13 Mar 2026 | Snagusky Jason, CFO | Sale outside a trading plan | 17 | $8.11 | $138 | 81,209 | 17 Mar 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 23 Sep 2026 | Luster Gary, Officer | 2,267 | $25.4K | 23 Sep 2026 |
| 22 Sep 2026 | SHAR JONATHAN, Officer | 30,000 | $331.3K | 22 Sep 2026 |
| 17 Jul 2026 | Snagusky Jason, Officer | 5,000 | $63.2K | 17 Jul 2026 |
| 10 Jul 2026 | Luster Gary, Officer | 1,066 | $12.4K | 10 Jul 2026 |
| 10 Jul 2026 | Snagusky Jason, Officer | 2,237 | $26.0K | 10 Jul 2026 |
| 10 Jul 2026 | Neumann Christopher, Officer | 2,785 | $32.3K | 10 Jul 2026 |
| 2 Jul 2026 | Snagusky Jason, Officer | 2,210 | $27.6K | 2 Jul 2026 |
| 1 Jul 2026 | SHAR JONATHAN, Officer | 67,896 | $871.1K | 1 Jul 2026 |
| 13 Mar 2026 | Snagusky Jason, Officer | 17 | $138 | 13 Mar 2026 |
| 13 Mar 2026 | SHAR JONATHAN, Officer | 81 | $657 | 13 Mar 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 8 Jul 2026 | TORO 18 HOLDINGS LLC | 13D amended | 33.1% | 11.4M |
| 24 Feb 2026 | Springhouse Capital (U.S.), L.P. | 13G amended | 6.81% | 2.3M |
| 14 Nov 2025 | Springhouse Capital (U.S.), L.P. | 13G | 5.58% | 1.9M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 1.8M | -5.26% | 7.57 |
| 30 Sep 2026 | 1.9M | +17.93% | 9.33 |
| 15 Sep 2026 | 1.6M | +9.17% | 4.4 |
| 31 Aug 2026 | 1.5M | +16.83% | 5.96 |
| 14 Aug 2026 | 1.3M | -21.72% | 7.43 |
| 31 Jul 2026 | 1.6M | +1.29% | 5.51 |
| 15 Jul 2026 | 1.6M | -1.85% | 3.23 |
| 30 Jun 2026 | 1.6M | -20.42% | 3.55 |
Funds that hold it
From each fund's latest Form 13F.
119 funds held it at 30 Jun 2026: 60 added and 29 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Immersion Corp. | 11,208,746 | $140.8M | 0 |
| Kanen Wealth Management LLC | 3,379,123 | $42.9M | -44,659 |
| Windward Management LP | 1,656,736 | $20.8M | -43,264 |
| BlackRock, Inc. | 1,177,322 | $14.8M | +89,696 |
| Morgan Stanley | 1,059,206 | $13.3M | +13,479 |
| Prescott Group Capital Management, L.L.C. | 891,799 | $11.2M | +10,000 |
| Vanguard Capital Management LLC | 804,636 | $10.1M | -60,249 |
| Geode Capital Management, LLC | 495,899 | $6.2M | +60,421 |
| State Street Corp. | 366,531 | $4.6M | +49,336 |
| 683 Capital Management, LLC | 349,046 | $4.4M | -30,954 |
Peers
Companies in the same industry.
- Dick's Sporting Goods, Inc. (DKS): revenue $21.1B, market value $12.8B
- Academy Sports & Outdoors, Inc. (ASO): revenue $6.2B, market value $3.7B