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
DateValue
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