# Barnes & Noble Education, Inc.

> Barnes & Noble Education operates campus stores and online bookstores through Barnes & Noble College, alongside MBS textbook distribution and store technology. Its First Day programs bundle required course materials into institutional charges, serving colleges that want students prepared for class and students seeking simpler access to print and digital materials.

- **Founded:** 2015
- **Headquarters:** Florham Park, United States
- **Founders:** Leonard Riggio (Founder of predecessor Student Book Exchange (1965))
- **Products:** First Day Complete, First Day, Barnes & Noble College campus retail, MBS wholesale and store technology, Room Service
- **Notable:** Fiscal 2026 revenue of $1.715 billion and net income of $16.9 million., First Day program revenue rose 28% to $760.1 million in fiscal 2026., First Day Complete expanded to 263 campus stores for fall 2026, representing more than 1.43 million enrolled students.

## Products & services

- **First Day Complete** — Institution-wide course-material program combining required print rentals and digital resources in a term charge; prices and opt-out deadlines vary by institution. Documented at Onondaga in fall 2019.
- **First Day** — Course-level digital materials access, with charges administered through the institution.
- **Barnes & Noble College campus retail** — Contract-managed physical and virtual campus stores, collegiate merchandise, ecommerce and retail services. Predecessor contract-managed campus operations began in 1968.
- **MBS wholesale and store technology** — Textbook sourcing, distribution, inventory management and point-of-sale systems; acquired by BNED in 2017.
- **Room Service** — Fall 2026 pilot at selected campuses allowing advance orders of residence-hall essentials for delivery to campus housing.

## Achievements

- Fiscal 2026 revenue of $1.715 billion and net income of $16.9 million.
- First Day program revenue rose 28% to $760.1 million in fiscal 2026.
- First Day Complete expanded to 263 campus stores for fall 2026, representing more than 1.43 million enrolled students.
- Reported $4.1 million cash and zero revolving credit borrowings at October 3, 2026 fiscal September month-end, the first such September position since 2019.

## Latest updates

- **2026-10** — October 8 release reported zero revolver borrowings and $4.1 million cash at October 3; also described a fall Room Service pilot and new institutional partners.
- **2026-09** — Fiscal 2027 first-quarter revenue was $290.6 million and net loss was $12.9 million; First Day revenue increased 9% to $124.7 million.
- **2026-07** — Reported fiscal 2026 net income of $16.9 million and First Day revenue of $760.1 million.

## Links

- Website: https://www.bned.com/
- LinkedIn: https://www.linkedin.com/company/barnes-&-noble-education-inc-/
- Twitter/X: https://twitter.com/BNcollege
- Instagram: https://www.instagram.com/bncollege/
- Facebook: https://www.facebook.com/BNcollege/

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Last updated: 2026-10-22