Barnes & Noble Education (BNED) Operating Margin (2014 - 2026)
Barnes & Noble Education (BNED) posted Operating Margin of 1.95% for Q2 2026, down 31.4% on a QoQ basis from 2.84% in Q1 2026, and up 600.0% year-over-year from 0.28% in Q2 2025.
Barnes & Noble Education (BNED) Operating Margin (2014 - 2026) Analysis & Trends
Barnes & Noble Education's Operating Margin history runs 13 years deep, the most recent figure standing at 1.95% for Q2 2026.
- Quarterly Operating Margin rose 600.0% year-over-year to 1.95% in Q2 2026, while the trailing twelve-month figure through May 2026 was 2.27% (up 123.0% YoY) and the FY2026 annual result came in at 2.34%, up 125.0% from the prior year.
- Operating Margin was 1.95% for Q2 2026 at Barnes & Noble Education, down from 2.84% in the prior quarter.
- Across five years, Operating Margin topped out at 8.42% in Q4 2024 and bottomed at 17.91% in Q3 2022.
- A 5-year average of 3.84% and a median of 3.75% in 2023 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin soared 2204 bps — and 2023, when it sank 973 bps.
- Barnes & Noble Education's Operating Margin stood at 4.7% in 2022, then surged by 51 bps to 7.07% in 2023, then advanced by 19 bps to 8.42% in 2024, then fell by 19 bps to 6.82% in 2025, then tumbled by 71 bps to 1.95% in 2026.
- Business Quant data shows BNED's Operating Margin at 1.95% in Q2 2026, 2.84% in Q1 2026, and 6.82% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.43 Bn | 31.91 Bn | 1.08 Bn | 7.66% |
| 2 | NaaS Technology | 31.54 Bn | 31.54 Bn | - | - |
| 3 | Williams Sonoma | 28.17 Bn | 27.15 Bn | 1.10 Bn | 20.27% |
| 4 | Ulta Beauty | 23.05 Bn | 22.56 Bn | 1.48 Bn | 12.23% |
| 5 | Best Buy | 18.23 Bn | 16.48 Bn | 2.10 Bn | 4.14% |
| 6 | Dick'S Sporting Goods | 16.52 Bn | 15.17 Bn | 1.77 Bn | 2.96% |
| 7 | MINISO Group Holding | 15.94 Bn | 14.87 Bn | 414.86 Mn | 14.56% |
| 8 | Tractor Supply | 15.92 Bn | 15.70 Bn | 1.30 Bn | 6.50% |
| 9 | Five Below | 12.14 Bn | 11.21 Bn | 696.98 Mn | 17.99% |
| 10 | Barnes & Noble Education | 427.27 Mn | 418.85 Mn | 84.86 Mn | 1.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 1.95% |
| Jan 31, 2026 | 2.84% |
| Nov 1, 2025 | 6.82% |
| Aug 2, 2025 | -8.45% |
| May 3, 2025 | -4.05% |
| Jan 25, 2025 | 4.51% |
| Oct 26, 2024 | 8.42% |
| Jul 27, 2024 | -14.70% |
| Apr 27, 2024 | -13.31% |
| Jan 27, 2024 | 0.36% |
| Oct 28, 2023 | 7.07% |
| Jul 29, 2023 | -16.72% |
| Apr 29, 2023 | -14.24% |
| Jan 28, 2023 | -3.44% |
| Oct 29, 2022 | 4.70% |
| Jul 30, 2022 | -17.91% |
| Apr 30, 2022 | -4.51% |
| Jan 29, 2022 | -8.42% |
| Oct 30, 2021 | 3.97% |
| Jul 31, 2021 | -17.52% |