# BARNES & NOBLE EDUCATION, INC. (BNED) · Edgar & Edgarette company card

> Barnes & Noble Education (BNED) grew revenue 6.5% in FY2026 to $1.7 billion, operating margin 2.1% against a 0.6% median for miscellaneous shopping goods stores, equity 39.8% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1634117 · fiscal year ended 2026-05-02 · 5 audited years read · [page](https://www.pops4.com/boards/company/BNED) · [JSON](https://www.pops4.com/boards/company/BNED.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $1.7B |
| Revenue growth, 1 year | 6.5% |
| Revenue growth per year | 3.5% |
| Operating margin | 2.1% (prior year 1.0%) |
| Net margin | 1.0% |
| Operating cash flow | $50M |
| Capital spending | $16M |
| Free cash flow | $34M |
| Cash | $8M |
| Long-term debt | $71M |
| Total assets | $740M |
| Total equity | $294M |
| Equity ÷ assets | 39.8% |
| Return on equity | 5.7% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -0.26 (distress zone)
- Piotroski F: 8 of 9 (strong)
- Beneish M: -2.59 (below the −1.78 line)
- Health Harbor boat: Sound ship · one warning sign · filed earlier statements no longer to be relied on, late quarterly report notice in the last 12 months
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $1.7B (FY2026), total debt $71.0M. Experience: revenue up 6.5% on the year, up 3.5% a year over 4 years; operating margin 2.1%, up from 1.0%. Soundness: equity 39.8% of assets, return on equity 5.7%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.6B and $1.9B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $1.5B to $2.0B. A statistical range, not company guidance. Against peers (57 filers, $50M+ revenue, its industry group): operating margin 2.1% against a 0.6% median; growth 6.5% against 4.1%.

Range logged 2026-09-29, receipt 82826c2cd1f8ce70, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 4.02 Earlier statements no longer to be relied on: 1, latest 2025-11-25 ([filing](https://www.sec.gov/Archives/edgar/data/1634117/000163411725000025/0001634117-25-000025-index.htm))
- Item NT 10-Q Late quarterly report notice: 1, latest 2025-12-12 ([filing](https://www.sec.gov/Archives/edgar/data/1634117/000163411725000028/0001634117-25-000028-index.htm))
- Item 5.02 Director or officer change: 1, latest 2026-10-23 ([filing](https://www.sec.gov/Archives/edgar/data/1634117/000163411726000118/0001634117-26-000118-index.htm))

## Recent filings

- 8-K · filed 2026-10-23 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/1634117/000163411726000118/0001634117-26-000118-index.htm)
- 8-K · filed 2026-09-30 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1634117/000163411726000115/0001634117-26-000115-index.htm)
- 8-K · filed 2026-09-24 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1634117/000163411726000099/0001634117-26-000099-index.htm)
- 10-Q · filed 2026-09-08 · [filing](https://www.sec.gov/Archives/edgar/data/1634117/000163411726000093/0001634117-26-000093-index.htm)
- 8-K · filed 2026-09-08 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1634117/000163411726000090/0001634117-26-000090-index.htm)
- DEF 14A · filed 2026-08-12 · [filing](https://www.sec.gov/Archives/edgar/data/1634117/000114036126032503/0001140361-26-032503-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001634117.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1634117

## Cite

POPS4, Edgar & Edgarette: BARNES & NOBLE EDUCATION, INC. (BNED) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/BNED. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.