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
DateValue
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%