Barnes & Noble Education (BNED) revenue breakdown
By segment, Retail Segment is the largest at 89% of fiscal 2020 revenue; Wholesale grew fastest, 138% a year over 3 years.
By product, Course Materials Product Sales is the largest at 72% of fiscal 2026 revenue, growing 8% a year over 2 years.
Revenue by segment
Fiscal years, as Barnes & Noble Education reports them in its 10-K filings; fiscal 2020 total $1.9B.
| Segments | 2017 | 2018 | 2019 | 2020 | Share |
|---|---|---|---|---|---|
| Retail Segment | $1.9B | $2.0B | $1.9B | $1.7B | 89% |
| Wholesale | $15M | $258M | $223M | $198M | 10% |
| DSS | — | $16M | $21M | $24M | 1% |
| Intersegment Eliminations | -$6M | -$95M | -$99M | -$84M | -4% |
Revenue by product
Fiscal years, as Barnes & Noble Education reports them in its 10-K filings; fiscal 2026 total $1.6B.
| Products | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|
| Course Materials Product Sales | $972M | $1.0B | $1.1B | 72% |
| General Merchandise Product Sales | $364M | $355M | $358M | 23% |
| Service and Other Revenue | $94M | $87M | $77M | 5% |
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Where does Barnes & Noble Education make its money?
In fiscal 2020, by segment: Retail Segment $1.7B, Wholesale $198M, DSS $24M, Intersegment Eliminations -$84M.
From Barnes & Noble Education's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.