Barnes & Noble Education FY26 Net Income $16.9M; Adj. EBITDA $76.5M
Barnes & Noble Education announced strong financial results for fiscal year 2026, returning to net income profitability with $16.9 million, a significant improvement from the prior year's loss. Adjusted EBITDA grew 28.8% to $76.5 million, driven by a 6.5% increase in total revenue to $1.715 billion and robust growth in its BNC First Day Program. The company also reduced total net debt by 33% to $62.6 million and initiated a quarterly dividend of $0.08 per share, while reiterating its positive Adjusted EBITDA outlook for fiscal year 2027.
Key Highlights
- FY2026 Net Income was $16.9 million, a significant improvement from a $(65.8) million loss in FY2025.
- FY2026 Adjusted EBITDA increased 28.8% to $76.5 million.
- Full-year revenue for FY2026 was $1.715 billion, an increase of 6.5% over the prior year.
- BNC First Day Program revenue increased 28% year-over-year to $760.1 million.
- Total net debt decreased 33% year-over-year to $62.6 million.
- Comparable store sales increased by 4.4% or $71.3 million.
- Company initiated an inaugural quarterly dividend of $0.08 per share.
- Reiterated FY2027 Adjusted EBITDA outlook of $85 million to $92 million.
Price Impact
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