Financial Statements — BNED
Balance Sheet
(in billions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Accounts Receivable | 0.42 | 0.31 | 0.16 | 0.35 | 0.28 | 0.15 | 0.32 | 0.22 | 0.14 | 0.28 | 0.21 | 0.12 | 0.25 | 0.22 | 0.12 | 0.23 | 0.17 | 0.11 |
| Inventory | 0.33 | 0.33 | 0.40 | 0.33 | 0.32 | 0.40 | 0.34 | 0.36 | 0.38 | 0.41 | 0.37 | 0.46 | 0.40 | 0.37 | 0.47 | 0.45 | 0.46 | 0.58 |
| Total Current Assets | 0.83 | 0.74 | 0.62 | 0.76 | 0.69 | 0.60 | 0.76 | 0.72 | 0.60 | 0.79 | 0.70 | 0.66 | 0.77 | 0.72 | 0.67 | 0.76 | 0.71 | 0.73 |
| Property, Plant & Equipment | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.06 | 0.06 | 0.06 | 0.09 | 0.10 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 |
| Goodwill | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | 0.07 | 0.07 | 0.07 | 0.08 | 0.09 | 0.09 | 0.10 | 0.10 | 0.11 | 0.11 | 0.12 | 0.12 | 0.13 | 0.14 | 0.15 | 0.16 | 0.17 | 0.17 |
| Total Non-current Assets* | 0.30 | 0.32 | 0.33 | 0.33 | 0.37 | 0.40 | 0.39 | 0.43 | 0.47 | 0.49 | 0.53 | 0.56 | 0.51 | 0.54 | 0.58 | 0.53 | 0.59 | 0.63 |
| Total Assets | 1.13 | 1.06 | 0.95 | 1.09 | 1.05 | 1.01 | 1.15 | 1.14 | 1.07 | 1.28 | 1.24 | 1.23 | 1.27 | 1.26 | 1.25 | 1.29 | 1.30 | 1.36 |
| Accounts Payable | 0.32 | 0.35 | 0.24 | 0.30 | 0.30 | 0.27 | 0.34 | 0.39 | 0.28 | 0.36 | 0.33 | 0.32 | 0.36 | 0.33 | 0.33 | 0.32 | 0.31 | 0.29 |
| Short-term Debt | -- | -- | -- | 0.00 | -- | 0.00 | 0.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 |
| Total Current Liabilities | 0.58 | 0.53 | 0.39 | 0.53 | 0.52 | 0.49 | 0.85 | 0.62 | 0.52 | 0.61 | 0.58 | 0.61 | 0.61 | 0.57 | 0.61 | 0.55 | 0.57 | 0.50 |
| Long-term Debt | 0.14 | 0.12 | 0.17 | 0.14 | 0.18 | 0.22 | 0.03 | 0.23 | 0.28 | 0.29 | 0.25 | 0.22 | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.26 | 0.25 | 0.31 | 0.27 | 0.32 | 0.37 | 0.20 | 0.41 | 0.47 | 0.50 | 0.46 | 0.44 | 0.42 | 0.41 | 0.39 | 0.39 | 0.35 | 0.49 |
| Total Liabilities | 0.84 | 0.78 | 0.69 | 0.80 | 0.85 | 0.86 | 1.05 | 1.04 | 0.99 | 1.10 | 1.04 | 1.05 | 1.03 | 0.98 | 0.99 | 0.94 | 0.92 | 0.99 |
| Retained Earnings | (0.70) | (0.71) | (0.73) | (0.70) | (0.71) | (0.76) | (0.63) | (0.62) | (0.64) | (0.55) | (0.52) | (0.54) | (0.47) | (0.44) | (0.46) | (0.37) | (0.32) | (0.33) |
| Total Stockholder Equity | 0.29 | 0.28 | 0.26 | 0.28 | 0.20 | 0.14 | 0.10 | 0.11 | 0.08 | 0.18 | 0.20 | 0.18 | 0.24 | 0.28 | 0.26 | 0.34 | 0.38 | 0.37 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 |
|---|
| Total Revenue | 220.15 | 471.83 | 598.21 | 274.18 | 232.98 | 466.33 | 602.12 | 263.43 | 235.92 | 456.67 | 610.38 | 264.16 | 215.19 | 447.06 | 617.10 | 263.86 | 260.83 | 402.80 | 626.98 | 240.79 |
| Cost of Revenue | 182.25 | 418.99 | 514.58 | 232.78 | 221.72 | 369.95 | 464.48 | 216.23 | 166.06 | 356.64 | 474.14 | 213.53 | 178.28 | 342.85 | 472.26 | 200.37 | 180.62 | 315.84 | 481.42 | 180.77 |
| Gross Profit | 84.86 | 96.10 | 129.84 | 55.38 | 56.58 | 96.38 | 137.64 | 47.21 | 69.86 | 100.04 | 136.24 | 50.63 | 36.91 | 104.21 | 144.84 | 63.49 | 80.21 | 86.96 | 145.56 | 60.03 |
| Selling, General & Admin | 70.86 | 72.55 | 77.30 | 67.86 | 72.28 | 71.56 | 72.94 | 67.02 | 68.38 | 79.76 | 85.96 | 77.48 | 52.57 | 99.47 | 107.09 | 98.49 | 87.84 | 101.46 | 107.90 | 86.24 |
| Total Operating Expenses | 80.57 | 81.48 | 89.04 | 78.54 | 28.11 | 293.77 | 81.32 | 138.93 | 86.82 | 99.12 | 100.41 | 92.36 | 64.31 | 122.07 | 229.50 | 111.39 | 97.63 | 120.10 | 120.97 | 101.48 |
| Operating Income | 4.29 | 14.62 | 40.80 | (23.17) | 28.47 | 22.86 | 56.32 | (91.72) | (16.96) | 0.92 | 35.83 | (41.73) | (27.41) | (17.86) | 26.73 | (47.91) | (17.42) | (33.13) | 24.59 | (41.45) |
| Pretax Income | 0.94 | 9.74 | 36.91 | (26.91) | (30.86) | 17.78 | 50.86 | (99.34) | (27.78) | (9.70) | 25.17 | (49.98) | (34.42) | (24.78) | 21.84 | (51.77) | (19.70) | (36.19) | 22.33 | (43.95) |
| Tax Provision | (2.55) | 3.08 | 11.91 | (8.64) | (7.67) | 10.66 | 1.13 | 0.14 | (0.35) | 0.23 | 0.31 | (0.01) | 0.11 | 0.27 | (0.30) | 0.93 | (9.47) | 0.62 | (0.20) | 0.40 |
| Net Income | 3.48 | 6.66 | 25.00 | (18.27) | (23.19) | 7.11 | 49.74 | (99.48) | (27.36) | (9.64) | 24.18 | (50.39) | (46.25) | (25.05) | 22.14 | (52.71) | (10.24) | (36.80) | 22.53 | (44.35) |
| Basic EPS | -- | 0.19 | 0.73 | (0.54) | 2.76 | 0.23 | 1.87 | (7.36) | (23.07) | (0.18) | 0.46 | (0.96) | (0.87) | (0.48) | 0.42 | (1.01) | (0.19) | (0.71) | 0.43 | (0.86) |
| Diluted EPS | -- | 0.19 | 0.72 | (0.54) | 2.76 | 0.23 | 1.87 | (7.36) | (23.07) | (0.18) | 0.46 | (0.96) | (0.87) | (0.48) | 0.42 | (1.01) | (0.17) | (0.71) | 0.41 | (0.86) |
Cash Flow Statement
(in millions USD)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 |
|---|
| Operating Cash Flow | 80.81 | (29.39) | 66.24 | (67.60) | 53.11 | (41.94) | 47.41 | (143.99) | 81.75 | (35.77) | 72.03 | (123.12) | 114.25 | (31.96) | 38.37 | (29.00) | (5.84) | (16.24) | 41.60 | (17.46) |
| Capital Expenditures | 4.42 | 3.73 | 4.32 | 3.74 | 3.59 | 2.77 | 3.06 | 3.47 | 2.61 | 3.26 | 3.98 | 4.22 | (1.81) | 6.33 | 10.85 | 9.73 | 10.14 | 12.13 | 9.89 | 11.37 |
| Free Cash Flow* | 76.39 | (33.12) | 61.92 | (71.34) | 49.52 | (44.72) | 44.35 | (147.46) | 79.14 | (39.03) | 68.05 | (127.34) | 116.06 | (38.28) | 27.53 | (38.72) | (15.98) | (28.37) | 31.71 | (28.83) |
| Investing Cash Flow | (4.41) | (3.73) | (4.32) | (3.74) | (3.59) | (2.77) | (2.49) | (3.25) | (2.61) | (3.26) | (3.98) | 17.25 | (4.72) | (6.01) | (10.59) | (9.73) | (10.00) | (11.85) | (9.78) | (11.02) |
| Financing Cash Flow | (66.60) | 15.11 | (47.88) | 65.00 | (37.52) | 32.50 | (37.25) | 139.94 | (65.59) | 18.72 | (52.00) | 93.18 | (106.10) | 32.70 | (9.70) | 33.43 | 25.04 | 17.31 | (21.51) | 24.89 |
* Derived from reported values
