Barnes & Noble Education (BNED) Gross Margin (2014 - 2026)
Barnes & Noble Education (BNED) posted Gross Margin of 38.54% for Q2 2026, up 106.6% on a QoQ basis from 18.66% in Q1 2026, and up 1350.0% year-over-year from 2.66% in Q2 2025.
Barnes & Noble Education (BNED) Gross Margin (2014 - 2026) Analysis & Trends
Barnes & Noble Education's Gross Margin history runs 13 years deep, the most recent figure standing at 38.54% for Q2 2026.
- Quarterly Gross Margin rose 1350.0% year-over-year to 38.54% in Q2 2026, while the trailing twelve-month figure through May 2026 was 22.78% (up 62.0% YoY) and the FY2026 annual result came in at 23.41%, up 32.0% from the prior year.
- Gross Margin was 38.54% for Q2 2026 at Barnes & Noble Education, up from 18.66% in the prior quarter.
- Across five years, Gross Margin topped out at 38.54% in Q2 2026 and bottomed at 17.08% in Q3 2024.
- A 5-year average of 23.16% and a median of 22.49% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin surged 2177 bps — and 2023, when it sank 463 bps.
- Barnes & Noble Education's Gross Margin stood at 22.63% in 2022, then rose by 9 bps to 24.7% in 2023, then fell by 7 bps to 22.96% in 2024, then slipped by 5 bps to 21.7% in 2025, then jumped by 78 bps to 38.54% in 2026.
- Business Quant data shows BNED's Gross Margin at 38.54% in Q2 2026, 18.66% in Q1 2026, and 21.7% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 23.63% |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 46.87% |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 38.06% |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 28.43% |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | 46.39% |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 36.22% |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 40.32% |
| 10 | Barnes & Noble Education | 424.32 Mn | 415.90 Mn | 84.86 Mn | 38.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 38.54% |
| Jan 31, 2026 | 18.66% |
| Nov 1, 2025 | 21.70% |
| 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 | 24.70% |
| Jul 29, 2023 | 18.25% |
| 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% |