Barnes & Noble Education (BNED) Operating Expenses (2014 - 2026)
Barnes & Noble Education (BNED) reported Operating Expenses of $72.6 million for Q1 2026, up 13.37% on a YoY basis from $64.0 million in Q1 2025, and down 6.15% quarter-over-quarter from $77.3 million in Q4 2025.
Barnes & Noble Education (BNED) Operating Expenses (2014 - 2026) Analysis & Trends
Barnes & Noble Education has reported Operating Expenses for 13 years, with the latest figure at $72.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 13.37% year-over-year to $72.6 million; the trailing twelve-month figure through Jan 2026 stood at $290.0 million (up 2.51% YoY), and the FY2025 full-year result was $306.7 million, down 14.4% from the prior year.
- Operating Expenses for Q1 2026 stood at $72.6 million, down from $77.3 million in the prior quarter.
- The five-year high for Operating Expenses was $101.5 million in Q1 2022, with the low at $56.2 million in Q2 2022.
- Historically, Operating Expenses has averaged $79.6 million across 5 years, with a median of $77.3 million in 2025.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 45.46% — and 2025, when it slipped 23.06%.
- Barnes & Noble Education's Operating Expenses stood at $99.2 million in 2022, then declined by 9.05% to $90.2 million in 2023, then retreated by 19.33% to $72.8 million in 2024, then increased by 6.2% to $77.3 million in 2025, then retreated by 6.15% to $72.6 million in 2026.
- The last three Operating Expenses figures came in at $72.6 million (Q1 2026), $77.3 million (Q4 2025), and $67.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 697.64 Mn |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 627.08 Mn |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 1.01 Bn |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 1.57 Bn |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 941.15 Mn |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 1.73 Bn |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 337.11 Mn |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 279.80 Mn |
| 10 | Barnes & Noble Education | 365.53 Mn | 365.53 Mn | 96.10 Mn | 72.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 72.55 Mn |
| Nov 1, 2025 | 77.30 Mn |
| Aug 2, 2025 | 67.86 Mn |
| May 3, 2025 | 72.28 Mn |
| Jan 25, 2025 | 63.99 Mn |
| Oct 26, 2024 | 72.79 Mn |
| Jul 27, 2024 | 70.64 Mn |
| Apr 27, 2024 | 75.47 Mn |
| Jan 27, 2024 | 83.17 Mn |
| Oct 28, 2023 | 90.24 Mn |
| Jul 29, 2023 | 82.11 Mn |
| Apr 29, 2023 | 81.82 Mn |
| Jan 28, 2023 | 95.97 Mn |
| Oct 29, 2022 | 99.21 Mn |
| Jul 30, 2022 | 90.72 Mn |
| Apr 30, 2022 | 56.25 Mn |
| Jan 29, 2022 | 101.51 Mn |
| Oct 30, 2021 | 109.02 Mn |
| Jul 31, 2021 | 88.14 Mn |
| May 1, 2021 | 60.82 Mn |