Barnes & Noble Education, Inc.

Barnes & Noble Education, Inc. reported Q3 2026 financial results for the period ending January 31, 2026. The company generated total sales of $515.1 million, consisting of $471.8 million in product and other sales and $43.3 million in rental income. Gross profit was $96.1 million, resulting in a gross margin of 18.7%. Operating income reached $14.6 million after accounting for selling and administrative expenses of $72.6 million, depreciation and amortization of $7.4 million, impairment loss of $456K, and other expense of $1.0 million. Net income was $6.7 million after interest expense of -$4.9 million and income tax expense of $3.1 million. The company reported basic and diluted earnings per share of $0.00. Cash flow from operations was negative at -$30.8 million, while financing activities provided $32.2 million in cash, resulting in a net decrease in cash of -$10.3 million. The balance sheet shows total assets of $1.13 billion, total liabilities of $840.3 million, and stockholders' equity of $290.0 million.

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