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BBW

Build-A-Bear Workshop, Inc.

BBW

Build-A-Bear Workshop, Inc. • NYSE
$53.10 ▲ 2.00% (+1.04)
Market Cap $702.44 M
52w High $75.85
52w Low $32.55
Dividend Yield 0.88%
P/E 11.93
Volume 164.24K
Outstanding Shares 13.23M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $124.247M ▼ $56.399M ▲ $12.367M ▼ 9.954% ▼ $0.94 ▼ $18.986M ▼
Q1-2025 $128.395M ▼ $53.555M ▼ $15.319M ▼ 11.931% ▼ $1.17 ▼ $23.131M ▼
Q4-2024 $150.446M ▲ $57.796M ▲ $21.678M ▲ 14.409% ▲ $1.63 ▲ $31.137M ▲
Q3-2024 $119.43M ▲ $51.668M ▲ $9.87M ▲ 8.264% ▲ $0.74 ▲ $16.661M ▲
Q2-2024 $111.798M $49.212M $8.778M 7.852% $0.64 $14.993M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $39.108M ▼ $318.238M ▲ $162.843M ▲ $155.395M ▲
Q1-2025 $44.342M ▲ $308.303M ▲ $159.621M ▲ $148.682M ▲
Q4-2024 $27.758M ▼ $289.956M ▲ $150.874M ▼ $139.082M ▲
Q3-2024 $28.955M ▲ $285.862M ▲ $157.289M ▲ $128.573M ▲
Q2-2024 $25.163M $279.459M $153.668M $125.791M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $12.367M ▼ $0 ▼ $0 ▲ $0 ▲ $-44.342M ▼ $0 ▼
Q1-2025 $15.319M ▼ $27.803M ▲ $-2.907M ▲ $-8.408M ▲ $16.584M ▲ $24.896M ▲
Q4-2024 $21.678M ▲ $19.511M ▲ $-9.746M ▼ $-10.773M ▼ $-1.197M ▼ $9.765M ▼
Q3-2024 $9.87M ▲ $15.163M ▲ $-3.871M ▼ $-7.519M ▲ $3.792M ▲ $11.292M ▲
Q2-2024 $8.778M $2.048M $-3.27M $-11.889M $-13.07M $-1.222M

Revenue by Products

Product Q2-2024Q3-2024Q4-2024Q2-2025
Commercial Product and Service
Commercial Product and Service
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Retail
Retail
 $100.00M ▲$110.00M ▲$140.00M ▲$110.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Build-A-Bear has moved from pandemic-era losses to several years of steady, healthy profitability. Sales have grown each year, and the company is keeping a solid gap between what it sells products for and what they cost to make, which supports good gross margins. Operating profit has been consistently positive and has inched higher, showing decent cost control. Earnings per share have climbed strongly from a loss a few years ago to solid positive levels, although more recent growth looks more incremental than explosive. Overall, the income statement tells the story of a mature, profitable niche retailer that has recovered well and is now in a more stable, earnings-generating phase.

Balance Sheet

Balance Sheet The balance sheet looks reasonably sound for a specialty retailer. Total assets have crept up over time, while the company has maintained a modest cash cushion rather than a large cash hoard. Debt was higher around the pandemic period but has generally trended lower or stayed manageable, suggesting reduced financial strain. Shareholders’ equity has been building steadily, which usually reflects retained profits strengthening the company’s financial base. In plain terms, BBW appears to be on firmer footing than a few years ago, with a moderate level of leverage and a gradually improving capital position, though not an overly cash-rich one.

Cash Flow

Cash Flow Detailed cash flow figures are not provided, but the pattern of consistent profits and rising equity suggests the business has been generating positive operating cash over the last several years. Capital needs for this type of retailer are usually moderate, focused on store openings, remodels, and digital investments rather than heavy industrial spending. That said, planned global expansion and new experiential locations will likely require more cash outlays, so the balance between funding growth, maintaining flexibility, and returning capital will be an ongoing area to watch. Without exact data, cash flow quality is a relative unknown, but the earnings trend is a supportive signal.

Competitive Edge

Competitive Edge BBW occupies a distinctive niche built around experiential retail rather than just selling toys. The in-store “build your own friend” process, emotional connection, and strong nostalgia factor give it a brand identity that is hard for traditional toy retailers or general merchandisers to copy. Partnerships with major entertainment franchises deepen its appeal and create ongoing reasons for customers to return. Expanding into tourist destinations, resorts, and cruise ships helps the brand tap into moments when families are already spending on memories. On the flip side, the business is still tied to discretionary spending and broader trends in physical retail, and it competes with many alternative forms of children’s and family entertainment, both digital and in-person.

Innovation and R&D

Innovation and R&D While BBW is not a classic tech or lab-based R&D company, it is actively innovating in how it sells and extends its brand. It has modernized its digital presence with an online “Bear Builder” and better e-commerce, and upgraded store technology to better understand and serve customers. The brand is stretching into media and entertainment, online gaming platforms, and themed collaborations, which can deepen engagement and create new revenue streams if executed well. New store concepts, international partner-led expansion, and experimentation with wholesale channels broaden its reach beyond traditional malls. The main risk is execution: these initiatives add complexity and require careful brand management, but they also offer multiple avenues for future growth if successful.

Summary

Overall, Build-A-Bear has transitioned from a challenged position around 2020 to a period of consistent profitability, gradual balance sheet strengthening, and clearer strategic direction. Its core strength lies in a differentiated, emotionally resonant experience supported by a recognizable brand, strong licensing relationships, and growing exposure beyond malls into tourism, online, and entertainment. The company is actively investing in digital tools, new retail formats, and content to keep the concept fresh and relevant to both children and adults. Key uncertainties center on the usual consumer-cycle risks, the health of physical retail traffic, and the company’s ability to scale new initiatives without diluting the core experience. From the available data, BBW looks like a focused niche player leveraging its unique concept while cautiously expanding its reach and capabilities.

NEWS

November 20, 2025 · 4:05 PM UTC

Build-A-Bear Workshop to Announce Third Quarter Fiscal 2025 Results and Host Investor Conference Call on December 4, 2025

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November 12, 2025 · 4:05 PM UTC

Build-A-Bear Workshop, Inc. Announces Quarterly Cash Dividend

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October 22, 2025 · 5:31 PM UTC

Build-A-Bear Workshop Appoints Carmen Flores as Senior Vice President of eCommerce & Digital Experiences

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October 6, 2025 · 12:25 PM UTC

Build-A-Bear CeleBOOrates Best-Selling Halloween Collection in its History with New Additions for the Spooktacular Month of "OctoBEAR"

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September 10, 2025 · 4:05 PM UTC

Build-A-Bear Workshop, Inc. Announces Quarterly Cash Dividend

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