---
schema_version: "secwatch.filing_event.v1"
accession: "0001634117-26-000005"
form_type: "8-K"
ticker: "BNED"
cik: "0001634117"
company_name: "Barnes & Noble Education, Inc."
filed_at: "2026-01-20T23:59:59+00:00"
generated_at: "2026-05-16T09:33:14.484199+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Barnes & Noble Education reports H1 net income of $6.7M, revenue up 7.7%; reiterates FY Adjusted EBITDA $65-$75M

## Summary
- Net income of $6.7M vs net loss of $60.8M in prior year H1; adjusted net income $10.6M.
- Total sales $932.6M, +7.7% YoY; BNC First Day program revenue increased 29.0% ($91.7M).
- Total net debt $110.8M as of Nov 1, 2025, a $55.1M decline year-over-year.
- Adjusted EBITDA $38.3M for H1, up from $33.9M in prior year; company now current in SEC filing.
- Reiterated FY2026 outlook: Adjusted EBITDA $65-$75M; expects ~$20M capex and material interest cost reduction.

## SEC filing metadata
- accession: 0001634117-26-000005
- form_type: 8-K
- ticker: BNED
- cik: 0001634117
- company_name: Barnes & Noble Education, Inc.
- filed_at: 2026-01-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1634117/000163411726000005/0001634117-26-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1634117/000163411726000005/bned-20260120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001634117-26-000005
- JSON: https://secwatch.observer/filing/0001634117-26-000005.json
- Plain text: https://secwatch.observer/filing/0001634117-26-000005.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.