Barnes & Noble Education (BNED) Gross Margin (2014 - 2026)
Barnes & Noble Education (BNED) reported Gross Margin of 20.37% for Q1 2026, down 197.0% on a YoY basis from 21.0% in Q1 2025, and up 1.09% quarter-over-quarter from 20.15% in Q4 2025.
Barnes & Noble Education (BNED) Gross Margin (2014 - 2026) Analysis & Trends
Barnes & Noble Education has reported Gross Margin for 13 years, with the latest figure at 20.37% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 197.0% year-over-year to 20.37%; the trailing twelve-month figure through Jan 2026 stood at 21.04% (down 78.0% YoY), and the FY2025 full-year result was 20.98%, down 313.0% from the prior year.
- Gross Margin for Q1 2026 stood at 20.37%, up from 20.15% in the prior quarter.
- The five-year high for Gross Margin was 28.73% in Q2 2022, with the low at 17.08% in Q3 2024.
- Historically, Gross Margin has averaged 22.22% across 5 years, with a median of 22.34% in 2025.
- Annual changes were most pronounced in 2022 — Gross Margin surged 2177 bps — and 2023, when it slumped 463 bps.
- Barnes & Noble Education's Gross Margin stood at 22.63% in 2022, then advanced by 2 bps to 23.05% in 2023, then declined by 0 bps to 22.96% in 2024, then decreased by 12 bps to 20.15% in 2025, then grew by 1 bps to 20.37% in 2026.
- The last three Gross Margin figures came in at 20.37% (Q1 2026), 20.15% (Q4 2025), and 20.2% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 25.70% |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 38.06% |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 28.43% |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 36.22% |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 23.52% |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 40.32% |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 82.59% |
| 10 | Barnes & Noble Education | 365.53 Mn | 365.53 Mn | 96.10 Mn | 20.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 20.37% |
| Nov 1, 2025 | 20.15% |
| Aug 2, 2025 | 20.20% |
| May 3, 2025 | 25.05% |
| Jan 25, 2025 | 22.34% |
| Oct 26, 2024 | 22.96% |
| Jul 27, 2024 | 17.08% |
| Apr 27, 2024 | 23.49% |
| Jan 27, 2024 | 24.22% |
| Oct 28, 2023 | 23.05% |
| Jul 29, 2023 | 19.08% |
| Apr 29, 2023 | 24.10% |
| Jan 28, 2023 | 22.15% |
| Oct 29, 2022 | 22.63% |
| Jul 30, 2022 | 21.99% |
| Apr 30, 2022 | 28.73% |
| Jan 29, 2022 | 20.09% |
| Oct 30, 2021 | 22.41% |
| Jul 31, 2021 | 22.80% |
| May 1, 2021 | 6.95% |