Barnes & Noble Education, Inc. stock research
FY2026 Q4
Barnes & Noble Education (BNED) Gross Margin & Quarterly History
Explore Barnes & Noble Education, Inc. (BNED) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended May 2, 2026 · FY2026 Q4
Revenue was lower than the prior quarter and the year-ago quarter. Gross profit decreased from the prior quarter but increased from the year-ago quarter, while gross margin improved significantly compared to both periods.
- The gross margin percentage rose from the prior quarter and the year-ago quarter, reflecting a higher proportion of gross profit relative to revenue.
- Compared to the prior quarter, revenue was lower, gross profit was lower, cost of revenue was lower, and gross margin was higher. Compared to the year-ago quarter, revenue was lower, gross profit was higher, cost of revenue was lower, and gross margin was higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
38.5%
Gross profit
$84.9M
Revenue
$220.2M
Cost of revenue
$182.2M
Quarter-over-quarter change
+18.2 pts
Year-over-year change
+13.5 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Aug 2, 2025 | $274.2M | $55.4M | $232.8M | 20.2% |
| Nov 1, 2025 | $598.2M | $129.8M | $514.6M | 21.7% |
| Jan 31, 2026 | $471.8M | $96.1M | $419.0M | 20.4% |
| May 2, 2026 | $220.2M | $84.9M | $182.2M | 38.5% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jan 31, 2026
+18.2 pts
Year-over-year change
May 3, 2025
+13.5 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The gross margin percentage rose from the prior quarter and the year-ago quarter, reflecting a higher proportion of gross profit relative to revenue.
Compared to the prior quarter, revenue was lower, gross profit was lower, cost of revenue was lower, and gross margin was higher. Compared to the year-ago quarter, revenue was lower, gross profit was higher, cost of revenue was lower, and gross margin was higher.
The consistency between reported cost of revenue and the implied cost derived from revenue and gross profit should be monitored in future filings.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Barnes & Noble Education, Inc. (BNED) | 38.5% |