0001130713-25-000078 | 10-Q | XBRL Viewer

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STOCK-BASED AWARDS - Narrative (Details) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025 USD ($) shares	Sep. 30, 2024 USD ($)	Sep. 30, 2025 USD ($) performance_metric $ / shares shares	Sep. 30, 2024 USD ($) $ / shares shares
Stock-Based Awards
Stock issued during period, employee stock purchase plan (in shares) \| shares			137,966	119,425
Average price per share (in dollars per share) \| $ / shares			$ 5.32	$ 12.23
Restricted Stock Units (RSUs)
Stock-Based Awards
Vesting period			3 years
Award vesting percent			25.00%
Restricted Stock Units (RSUs) \| Minimum
Stock-Based Awards
Vesting period			3 years
Restricted Stock Units (RSUs) \| Maximum
Stock-Based Awards
Vesting period			4 years
Restricted Stock Units (RSUs) \| Amended and Restated 2005 Equity Incentive Plan
Stock-Based Awards
Vesting period			3 years
Restricted Stock Units (RSUs) \| First year \| Amended and Restated 2005 Equity Incentive Plan
Stock-Based Awards
Award vesting percent			33.30%
Restricted Stock Units (RSUs) \| Second year \| Amended and Restated 2005 Equity Incentive Plan
Stock-Based Awards
Award vesting percent			33.30%
Restricted Stock Units (RSUs) \| Third year \| Amended and Restated 2005 Equity Incentive Plan
Stock-Based Awards
Award vesting percent			33.40%
Performance Shares
Stock-Based Awards
Granted at fair value (in shares) \| shares			803,953
Number of performance metrics \| performance_metric			3
Performance metric, adjusted EBITDA performance multiplier			50.00%
Performance metric, gross margin performance multiplier			25.00%
Performance metric, contribution margin performance multiplier			25.00%
Maximum payout, percent of target PSUs			135.00%
Employee benefits and share-based compensation expense (credit) \| $	$ 1,000	$ 2,400	$ (363)	$ 5,700
Performance Shares \| First year
Stock-Based Awards
Award vesting percent			33.30%
Performance Shares \| Second year
Stock-Based Awards
Award vesting percent			33.30%
Performance Shares \| Third year
Stock-Based Awards
Award vesting percent			33.30%
Performance Share Options
Stock-Based Awards
Employee benefits and share-based compensation expense (credit) \| $	734	1,000	$ 2,500	1,400
Employee Stock
Stock-Based Awards
Employee benefits and share-based compensation expense (credit) \| $	$ 154	$ 271	$ 550	$ 922
Number of shares available under plan (in shares) \| shares	2,500,000		2,500,000

REVENUE AND CONTRACT LIABILITY - Sales Returns Allowance (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2025	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
Beginning balance	$ 9,526	$ 8,651
Additions to the allowance	67,891	105,353
Deductions from the allowance	(70,316)	(104,478)
Ending balance	$ 7,101	$ 9,526

INTANGIBLE ASSETS, NET

9 Months Ended

Sep. 30, 2025

Intangible Assets, Net (Excluding Goodwill) [Abstract]

INTANGIBLE ASSETS, NET

5. INTANGIBLE ASSETS, NET

On January 30, 2025, the Company entered into an Asset Purchase Agreement with BBBY Acquisition Co., LLC ("BBBY") to acquire certain intellectual property related to the buybuy BABY brand and closed the transaction on February 21, 2025. The Company acquired BBBY’s rights in the buybuy BABY brand, assets, information and content related to the associated buybuy BABY website, including trademarks, domain names, data, information, content, and select contractual rights, and goodwill associated with the brand for a total purchase price of $5.0 million which was paid at closing, and the assumption of certain contractual liabilities described therein. The aggregate purchase price, inclusive of contractual liabilities assumed and direct acquisition-related expenses, totaled $7.1 million which has been allocated to trade names, with an indefinite useful life.

On March 17, 2025, the Company entered into an Intellectual Property Asset Purchase Agreement with Lyons Trading Company, the operator of Proozy.com, to sell its rights in the Zulily brand for a total sales price of $5.0 million while retaining a 25% ownership stake in the brand in the form of a newly created entity ("Zulily Newco"). In connection with this transaction, the Company received $1.25 million upfront and will receive the remaining $3.75 million in quarterly installments commencing on April 30, 2026, over the course of five years, which is recorded as a long-term receivable and included in Other long-term assets, net in the consolidated balance sheets. The Company also recognized $1.57 million, which represents its 25% ownership stake in Zulily Newco, and is included in Equity securities in the consolidated balance sheets.

On June 30, 2025, the Company entered into a Trademark and Domain Name Agreement with a large, well-established Canadian retailer to sell certain intellectual property related to the Bed Bath & Beyond trademarks in Canada and the United Kingdom, which was acquired as part of its purchase of the Bed Bath & Beyond brand in June 2023, for a total sales price of $5.0 million, and revenue share payments to be paid to the Company in perpetuity. In July 2025, the Company received the $5.0 million cash proceeds. For the nine months ended September 30, 2025, the Company recognized the entire $5.0 million as a gain on the sale which is included in Other operating expense (income), net in the consolidated statements of operations.

On May 7, 2025, the Company entered into an Asset Purchase Agreement and on September 15, 2025, entered into an Amendment No. 1 to the Asset Purchase Agreement with The Brand House Collective to acquire certain trademarks and domain names comprised of or containing the element KIRKLAND'S (the "Kirkland's Brand") and certain related marks and brand assets for a total purchase price of $10.0 million. Concurrently, on September 15, 2025, the Company entered into an amendment to the existing trademark license agreement with The Brand House Collective, pursuant to which the Company agreed to license the Kirkland's Brand to The Brand House Collective for use in connection with certain goods and services. The total purchase price was paid at closing on September 15, 2025 concurrently with the assignment of the Kirkland's Brand to the Company. In connection with this transaction, the Company also transferred to The Brand House Collective noncash consideration in the form of Delayed Draw Term Loan Commitments valued at $2.8 million, which has also been included in the acquisition cost. See Note 9—Commitments and Contingencies, for further discussion of the agreement. The aggregate purchase consideration, inclusive of direct acquisition-related costs, totaled $12.9 million which has been allocated to trade names, with an indefinite useful life.

Intangible assets, net consist of the following (in thousands):


	September 30, 2025		December 31, 2024
Intangible assets subject to amortization, gross (1)	$	5,645	$	6,239
Less: accumulated amortization of intangible assets	(3,616)		(3,145)
Intangible assets subject to amortization, net	2,029		3,094
Intangible assets not subject to amortization	43,308		27,152
Total intangible assets, net	$	45,337	$	30,246

___________________________________________

(1) At September 30, 2025, the weighted average remaining useful life for intangible assets subject to amortization, gross was 2.5 years.

STOCKHOLDERS' EQUITY - Stock Repurchase Program (Details) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2025	Sep. 30, 2024
Class of Stock [Line Items]
Repurchases of common stock	$ 4,900,000	$ 6,200,000
Shares acquired, average cost per share (in dollars per share)	$ 8.59	$ 6.87
Remaining authorized repurchase amount	$ 63,700,000	$ 63,700,000
Common Stock
Class of Stock [Line Items]
Payments for repurchase of common stock			$ 0

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

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+ Details

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 167,366	$ 159,169
Restricted cash	27,051	26,924
Accounts receivable, net of allowance for credit losses of $2,674 and $2,236	17,307	15,847
Inventories	7,213	11,546
Prepaids and other current assets	12,866	14,021
Total current assets	231,803	227,507
Property and equipment, net	14,794	23,544
Intangible assets, net	45,337	30,246
Goodwill	6,160	6,160
Equity securities, including securities measured at fair value of $31,638 and $21,640	78,625	78,186
Operating lease right-of-use assets	5,397	6,858
Other long-term assets, net, including securities measured at fair value of $25,725 and $25,799	32,260	29,453
Total assets	414,376	401,954
Current liabilities:
Accounts payable	94,232	81,939
Accrued liabilities	48,838	73,614
Unearned revenue	35,820	43,095
Operating lease liabilities, current	906	1,342
Short-term debt, net	17,994	24,871
Total current liabilities	197,790	224,861
Operating lease liabilities, non-current	5,872	6,452
Other long-term liabilities, including commitments measured at fair value of $2,766 and $0	7,774	7,909
Total liabilities	211,436	239,222
Commitments and contingencies (Note 9)
Stockholders' equity:
Preferred stock, $0.0001 par value, authorized shares - 5,000, issued and outstanding - none	0	0
Common stock, $0.0001 par value, authorized shares - 100,000	7	5
Additional paid-in capital	1,183,242	1,072,869
Accumulated deficit	(804,212)	(740,466)
Treasury stock at cost - 7,487 and 6,491	(176,438)	(169,676)
Equity attributable to stockholders of Bed Bath & Beyond, Inc.	202,599	162,732
Equity attributable to noncontrolling interests	341	0
Total stockholders' equity	202,940	162,732
Total liabilities and stockholders' equity	$ 414,376	$ 401,954

COMMITMENTS AND CONTINGENCIES (Details) - USD ($)	Sep. 30, 2025	Sep. 15, 2025	Dec. 31, 2024	Sep. 30, 2024
Other Commitments [Line Items]
Loan commitments, at fair value	$ 2,766,000		$ 0	$ 0
Delayed Draw Term Loan Commitments \| Line of Credit
Other Commitments [Line Items]
Line of credit facility, maximum borrowing capacity	20,000,000	$ 20,000,000		$ 0
Line of credit outstanding	$ 0

- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

EQUITY SECURITIES

9 Months Ended

Sep. 30, 2025

Investments, Debt and Equity Securities [Abstract]

EQUITY SECURITIES

6. EQUITY SECURITIES

Equity securities consist of the following (in thousands):


	September 30, 2025		December 31, 2024
Equity securities accounted for under the equity method under ASC 323	$	46,987	$	56,546
Equity securities accounted for under the equity method under the fair value option	31,638		21,640

Total equity securities	$	78,625	$	78,186

The Company's equity securities accounted for under the equity method under ASC 323 include equity securities in which the Company can exercise significant influence, but not control, over these entities through holding more than a 20% voting interest in the entity. During the nine months ended September 30, 2025, after stockholder approval was obtained from The Brand House Collective's stockholders, the Company funded the additional $8.0 million investment in The Brand House Collective in exchange for The Brand House Collective's common stock and converted the $8.5 million convertible promissory note (plus accrued interest) into shares of The Brand House Collective's common stock. After all transactions, the Company owns approximately 40% of The Brand House Collective's outstanding shares of common stock. In addition, as part of the sale of the Company's rights in the Zulily brand, the Company retained a 25% ownership stake in the brand in the form of a newly created entity, Zulily Newco. See Note 5—Intangible Assets, net, for further information.

In August 2025, the members of SpeedRoute, LLC, a privately-held entity in which the Company held a minority interest, filed dissolution documents to wind down and dissolve SpeedRoute, LLC. There was no gain or loss recorded on dissolution.

The following table includes the Company's equity securities accounted for under the equity method and related ownership interest as of September 30, 2025:


			Ownership interest
Medici Ventures, L.P.			99%
tZERO Group, Inc.			28%

The Brand House Collective, Inc.			40%
Zulily Newco			25%

The carrying amount of the Company's equity method securities was $78.6 million at September 30, 2025, which is included in Equity securities on the consolidated balance sheets, of which $31.6 million was valued under the fair value option (tZERO, The Brand House Collective, and Zulily Newco). Equity securities in The Brand House Collective are carried at fair value based on Level 1 inputs. The aggregate fair value of the equity securities in The Brand House Collective at September 30, 2025, was $14.6 million. For the equity method investments, there was no difference in the carrying amount of the assets and liabilities and the maximum exposure to loss, and there was no difference between the carrying amount of the investment in Medici Ventures, L.P., and the amount of underlying equity the Company has in the entity's net assets.

The following table summarizes the net loss recognized on equity method securities recorded in Other income (expense), net in the consolidated statements of operations (in thousands):


	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Net loss recognized on our proportionate share of the net assets of our equity method securities	$	(565)	$	(6,371)	$	(9,559)	$	(23,859)
Increase (decrease) in fair value of equity method securities held under fair value option	7,570		(10,828)		(7,085)		(19,546)

Regulation S-X Rule 10-01(b)(1)

In accordance with Rule 10-01(b)(1) of Regulation S-X, which applies to interim reports on Form 10-Q, the Company must determine if its equity method investees are considered "significant subsidiaries". Summarized income statement information of an equity method investee is required in an interim report if the significance criteria are met as defined under SEC guidance. For the periods ended September 30, 2025 and 2024, none of the Company's equity method investees met the significance criteria.

INTANGIBLE ASSETS, NET - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2025	Dec. 31, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Intangible assets subject to amortization, gross	$ 5,645	$ 6,239
Less: accumulated amortization of intangible assets	(3,616)	(3,145)
Intangible assets subject to amortization, net	2,029	3,094
Intangible assets not subject to amortization	43,308	27,152
Intangible assets, net	$ 45,337	$ 30,246
Weighted average remaining useful life (in years)	2 years 6 months

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2025	Sep. 15, 2025	May 07, 2025	Sep. 30, 2024
Debt Instrument [Line Items]
Unrealized loss on debt	$ 406
Commercial Strategies
Debt Instrument [Line Items]
Cumulative proceeds from token offering	467
Stock issuance costs incurred	305
Zion Peaks, Inc.
Debt Instrument [Line Items]
Cumulative proceeds from token offering	396
Stock issuance costs incurred	217
Additional Term Loan \| Secured Debt
Debt Instrument [Line Items]
Principal amount			$ 5,200
Debt, percentage of outstanding common shares			19.90%
Debt, percent of outstanding shares, maximum			75.00%
Amended and Restated Credit Agreement \| Secured Debt
Debt Instrument [Line Items]
Principal amount			$ 8,500
Amended and Restated Credit Agreement \| Secured Debt \| Fair value
Debt Instrument [Line Items]
Long-term debt, fair value	8,500
Delayed Draw Term Loan Commitments \| Line of Credit
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 20,000	$ 20,000		$ 0

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Statement of Financial Position [Abstract]
Allowance for credit loss	$ 2,674	$ 2,236
Equity securities, fair value	31,638	21,640
Debt securities, fair value	25,725	25,799
Loan commitments, at fair value	$ 2,766	$ 0
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	72,471,000	59,560,000
Common stock, shares outstanding (in shares)	64,984,000	53,069,000
Treasury stock (in shares)	7,487,000	6,491,000

LEASES - Components of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Lease, Cost [Abstract]
Operating lease cost	$ 323	$ 963	$ 1,756	$ 2,522
Variable lease cost	$ 234	$ 253	$ 851	$ 684

COMMITMENTS AND CONTINGENCIES	9 Months Ended
COMMITMENTS AND CONTINGENCIES	Sep. 30, 2025
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	9. COMMITMENTS AND CONTINGENCIES Legal proceedings and contingencies From time to time, the Company is involved in litigation concerning consumer protection, employment, intellectual property, claims under the securities laws, and other commercial matters related to the conduct and operation of the business and the sale of products on the Company's websites. In connection with such litigation, the Company has been in the past and may be in the future subject to judgments requiring the Company to pay significant damages or associated costs. In some instances, other parties may have contractual indemnification obligations to the Company. However, such contractual obligations may prove unenforceable or non-collectible, and if the Company cannot enforce or collect on indemnification obligations, the Company may bear the full responsibility for damages, fees, and costs resulting from such litigation. As a result of such litigation, the Company may also be subject to penalties and equitable remedies that could force the Company to alter important business practices. Such litigation could be costly and time consuming and could divert or distract the Company's management and key personnel from the business operations. Due to the uncertainty of litigation and depending on the amount and the timing, an unfavorable resolution of some or all of such matters could materially affect the Company's business, results of operations, financial position, or cash flows. The Company establishes liabilities when a particular contingency is probable and estimable which are included in Accrued liabilities on the consolidated balance sheets. At September 30, 2025 and December 31, 2024, the Company's established liabilities were not material. Delayed Draw Term Loan Commitments In September 2025, pursuant to the terms of the Amended Credit Agreement, the Company extended delayed-draw term loan commitments (the "Delayed Draw Term Loan Commitments") in the aggregate original principal amount of $20.0 million to The Brand House Collective, Inc. Any loans extended pursuant to the Delayed Draw Term Loan Commitments are convertible by the Company into equity of The Brand House Collective, on the terms set forth in, and subject to further conditions specified in the Amended Credit Agreement. The Delayed Draw Term Loan Commitments require the Company to originate a loan at a floating interest rate plus an agreed margin upon request from the borrower, so long as the conditions specified in the Amended Credit Agreement with respect to the origination of such loan are satisfied. The Delayed Draw Term Loan Commitments had a notional amount of $20.0 million outstanding at September 30, 2025 and zero at September 30, 2024, respectively. As of September 30, 2025, no amount has been drawn under the Delayed Draw Term Loan Commitments. We have elected to record the Delayed Draw Term Loan Commitments at fair value. The fair value of the Delayed Draw Term Loan Commitments is a net liability of $2.8 million at September 30, 2025 and zero at September 30, 2024, respectively, and is included in the Other long-term liabilities line of our consolidated balance sheets.

LEASES - Supplemental Balance Sheet Information (Details)	Sep. 30, 2025	Dec. 31, 2024
Leases [Abstract]
Weighted-average remaining lease term—operating leases	6 years 11 months 19 days	6 years 7 months 24 days
Weighted-average discount rate—operating leases	7.00%	6.00%

STOCKHOLDERS' EQUITY	9 Months Ended
STOCKHOLDERS' EQUITY	Sep. 30, 2025
Equity [Abstract]
STOCKHOLDERS' EQUITY	11. STOCKHOLDERS' EQUITY Common Stock Each share of common stock has the right to one vote. The holders of common stock are also entitled to receive dividends declared by the Board of Directors out of funds legally available, subject to prior rights of holders of all classes of stock outstanding having priority rights as to dividends. JonesTrading Sales Agreement The Company entered into a Capital on DemandTM Sales Agreement (the "Sales Agreement") dated June 10, 2024 with JonesTrading Institutional Services LLC ("JonesTrading"), under which the Company has conducted and may in the future conduct "at the market" public offerings of its common stock. Under the Sales Agreement, JonesTrading, acting as the Company's sales agent or principal, may offer the Company's common stock in the market on a daily basis or otherwise as the Company requests from time to time. The Company has no obligation to sell shares under the Sales Agreement, but it may do so from time to time. For the nine months ended September 30, 2025, the Company sold 12,432,021 shares of its common stock pursuant to the Sales Agreement and has recognized $101.7 million in proceeds, net of $2.1 million of offering costs, including commissions paid to JonesTrading. As of September 30, 2025, the Company had $52.4 million remaining available under its "at the market" sales program. Stock Repurchase Program During the three months ended September 30, 2025, the Company repurchased $4.9 million of its common stock under its stock repurchase program at an average price of $8.59 per share. During the nine months ended September 30, 2025, the Company repurchased $6.2 million of its common stock under its stock repurchase program at an average price of $6.87 per share. During the three and nine months ended September 30, 2024, the Company did not repurchase any shares of its common stock under its stock repurchase program. As of September 30, 2025, the Company had $63.7 million available for future share repurchases under its current repurchase authorization through December 31, 2025.

- Definition

The entire disclosure for equity.

+ References

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+ Details

FAIR VALUE MEASUREMENT - Assets and Liabilities Measured At Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024	Sep. 30, 2024
Assets:
Cash equivalents—Money market funds	$ 22,492	$ 21,799
Equity securities, fair value	31,638	21,640
Available-for-sale debt securities	13,989	10,985
Debt securities, at fair value	11,736	14,814
Total assets	79,855	69,238
Liabilities:
Loan commitments, at fair value	2,766	0	$ 0
Total liabilities	2,766
Level 1
Assets:
Cash equivalents—Money market funds	22,492	21,799
Equity securities, fair value	14,563	0
Available-for-sale debt securities	0	0
Debt securities, at fair value	0	0
Total assets	37,055	21,799
Liabilities:
Loan commitments, at fair value	0
Total liabilities	0
Level 2
Assets:
Cash equivalents—Money market funds	0	0
Equity securities, fair value	0	0
Available-for-sale debt securities	0	0
Debt securities, at fair value	0	0
Total assets	0	0
Liabilities:
Loan commitments, at fair value	0
Total liabilities	0
Level 3
Assets:
Cash equivalents—Money market funds	0	0
Equity securities, fair value	17,075	21,640
Available-for-sale debt securities	13,989	10,985
Debt securities, at fair value	11,736	14,814
Total assets	42,800	$ 47,439
Liabilities:
Loan commitments, at fair value	2,766
Total liabilities	$ 2,766

STOCK-BASED AWARDS

9 Months Ended

Sep. 30, 2025

Share-Based Payment Arrangement [Abstract]

STOCK-BASED AWARDS

12. STOCK-BASED AWARDS

The Company has equity incentive and compensatory plans that provide for the grant of stock-based awards, including restricted stock and performance shares to employees and board members, and provide employees the ability to purchase shares of its common stock through an employee stock purchase plan. Employee accounting applies to equity incentives and compensation granted by the Company to its own employees. When an award is forfeited prior to the vesting date, the Company recognizes an adjustment for the previously recognized expense in the period of the forfeiture.

Stock-based compensation expense is classified within the corresponding operating expense categories on the consolidated statements of operations as follows (in thousands):


	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Cost of goods sold	$	2	$	3	$	4	$	6
Sales and marketing	112		414		257		909
Technology	690		1,801		1,409		5,809
General and administrative	2,718		4,131		6,332		9,660
Total stock-based compensation	$	3,522	$	6,349	$	8,002	$	16,384

Bed Bath & Beyond restricted stock unit awards

The Company's Amended and Restated 2005 Equity Incentive Plan provides for the grant of restricted stock units and other types of equity awards to employees and directors of the Company. The Compensation Committee of the Board of Directors approves grants of restricted stock unit awards to the Company's officers, board members, and employees. These restricted stock unit awards generally vest over three years at 33.3% at the end of the first year, 33.3% at the end of the second year and 33.4% at the end of the third year, subject to the recipient's continuing service to us. In addition to the Company's

traditional equity awards, in fiscal year 2024, the Company changed its vesting schedule for restricted stock units from three years to four years for all restricted stock units granted to employees. These restricted stock unit awards will vest at 25% each year. In the first quarter of fiscal year 2025, the Company adjusted back to the prior vesting schedule of a three-year vesting schedule.

The cost of restricted stock units is determined using the fair value of the Company's common stock on the date of the grant and compensation expense is either recognized on a straight-line basis over the vesting schedule or on an accelerated schedule when vesting of restricted stock awards exceeds a straight-line basis. The cumulative amount of compensation expense recognized at any point in time is at least equal to the portion of the grant date fair value of the award that is vested at that date.

Performance Shares

During the nine months ended September 30, 2025, the Company granted 803,953 performance-based shares ("PSUs") to its executive management team under the 2025 performance share award agreement. Each grant of PSUs is eligible to vest based on achieving three performance metrics, with 50% of the target number of PSUs multiplied by the Adjusted EBITDA Performance Multiplier, 25% of the target number of PSUs multiplied by the Gross Margin Performance Multiplier, and 25% of the target number of PSUs multiplied by the Contribution Margin Performance Multiplier, with the potential weighted average maximum payout of 135% of the "Target" number of PSUs. To the extent any of the PSUs become earned based on the Company's achievement of the three aforementioned performance metrics, such earned PSUs will vest as to one-third of the earned PSUs on each of the first, second, and third anniversaries of the grant date, subject to the recipient’s continued service through the vesting date. To be eligible to vest in any tranche of the PSUs, the Company must meet the threshold performance metrics established for the performance period. Expense is recognized as compensation cost based on the fair value on the date of grant over the performance period, taking into account the probability that the Company will satisfy the performance goals.

Stock-based compensation related to the PSUs is included in the stock-based compensation expense table above combined with the expense associated with the Company's restricted stock units, performance share options, and employee stock purchase plan. Stock-based compensation related to the PSUs was $1.0 million and $2.4 million for the three months ended September 30, 2025 and 2024, respectively, and a credit of $363,000 due to staff related reductions and $5.7 million, for the nine months ended September 30, 2025 and 2024, respectively.

Performance Share Options

Stock-based compensation related to the Performance Share Option is included in stock-based compensation expense table above combined with the expense associated with the Company's restricted stock units, PSUs, and employee stock purchase plan. Stock-based compensation related to the performance share options was $734,000 and $1.0 million for the three months ended September 30, 2025 and 2024, respectively, and $2.5 million and $1.4 million for the nine months ended September 30, 2025 and 2024, respectively.

The following table summarizes restricted stock unit, performance-based share units, and Performance Share Option award activity (in thousands, except per share data):


	Nine months ended September 30, 2025
	Units	Weighted Average Grant Date Fair Value
Outstanding—beginning of year	3,564	$	20.98
Granted at fair value	2,581	6.29
Vested	(341)	24.55
Forfeited	(755)	14.59
Outstanding—end of period	5,049	$	6.33

Employee Stock Purchase Plan

Purchases under the 2021 Employee Stock Purchase Plan (the "ESPP") during the nine months ended September 30, 2025 and 2024 were 137,966 shares and 119,425 shares, respectively, at an average purchase price per share of $5.32 and $12.23, respectively. At September 30, 2025, approximately 2.5 million shares of common stock remained available under the ESPP.

Stock-based compensation related to the ESPP is included in the stock-based compensation expense table above combined with the expense associated with the Company's restricted stock units, PSUs, and performance share options. Stock-based compensation related to the ESPP was $154,000 and $271,000 for the three months ended September 30, 2025 and 2024, respectively, and $550,000 and $922,000 for the nine months ended September 30, 2025 and 2024, respectively.

FAIR VALUE MEASUREMENT - Level 3 Liability Activity (Details) - Level 3 $ in Thousands	9 Months Ended
	Sep. 30, 2025 USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Liability, beginning balance	$ 0
Fair value of Level 3 liabilities assumed	2,766
Liability, ending balance	$ 2,766

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
Cash flows from operating activities:
Consolidated net loss	$ (63,746)	$ (177,536)
Adjustments to reconcile consolidated net loss to net cash used in operating activities:
Depreciation and amortization	12,803	12,739
Non-cash operating lease cost	1,461	2,155
Stock-based compensation to employees and directors	8,002	16,384
Gain on sale of intangible assets	(5,790)	(10,250)
Write-down of assets held for sale	0	1,648
Loss from equity method securities	16,644	43,405
Other non-cash adjustments	1,720	(216)
Changes in operating assets and liabilities:
Accounts receivable, net	(1,460)	4,393
Inventories	4,333	1,982
Prepaids and other current assets	2,251	(438)
Other long-term assets, net	(493)	(1,335)
Accounts payable	12,375	(18,554)
Accrued liabilities	(26,990)	(19,372)
Unearned revenue	(7,275)	(4,648)
Operating lease liabilities	(1,016)	(2,168)
Other long-term liabilities	(3,031)	(814)
Net cash used in operating activities	(50,212)	(152,625)
Cash flows from investing activities:
Purchase of equity securities	(8,000)	0
Disbursement for notes receivable	(8,232)	0
Purchase of intangible assets	(15,214)	(6,033)
Expenditures for property and equipment	(5,249)	(11,329)
Proceeds from the sale of intangible assets	6,250	10,250
Other investing activities, net	29	566
Net cash used in investing activities	(30,416)	(6,546)
Cash flows from financing activities:
Proceeds from sale of common stock, net of offering costs	101,690	0
Payments on short-term debt	(7,000)	0
Repurchase of shares	(6,218)	0
Payments of taxes withheld upon vesting of employee stock awards	(544)	(3,271)
Other financing activities, net	1,024	1,190
Net cash provided by (used in) financing activities	88,952	(2,081)
Net (decrease) increase in cash, cash equivalents, and restricted cash	8,324	(161,252)
Cash, cash equivalents, and restricted cash, beginning of period	186,093	302,749
Cash, cash equivalents, and restricted cash, end of period	$ 194,417	$ 141,497

EQUITY SECURITIES - Summary Of Equity Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Equity securities accounted for under the equity method under ASC 323	$ 46,987	$ 56,546
Equity securities accounted for under the equity method under the fair value option	31,638	21,640
Total equity securities	$ 78,625	$ 78,186

- Definition

This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized.

+ References + Details

LEASES - Operating Lease Maturities and Future Minimum Payments (Details) $ in Thousands	Sep. 30, 2025 USD ($)
Lessee, Operating Lease, Liability, to be Paid, Fiscal Year Maturity
2025 (Remainder)	$ 314
2026	1,285
2027	1,150
2028	1,099
2029	1,132
Thereafter	3,497
Total lease payments	8,477
Less interest	1,699
Present value of lease liabilities	$ 6,778

STOCKHOLDERS' EQUITY - JonesTrading (Details) $ in Millions	9 Months Ended
STOCKHOLDERS' EQUITY - JonesTrading (Details) $ in Millions	Sep. 30, 2025 USD ($) shares
Class of Stock [Line Items]
Sale of stock, number of shares issued in transaction \| shares	12,432,021
Consideration received on transaction	$ 101.7
Stock issuance costs	2.1
Jones Trading Institutional Services LLC \| Common Stock \| At The Market Sales Program
Class of Stock [Line Items]
Outstanding amount available under sales program	$ 52.4

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Statement of Comprehensive Income [Abstract]
Consolidated net loss	$ (4,521)	$ (61,030)	$ (63,746)	$ (177,536)
Other comprehensive income
Unrealized gain on cash flow hedges, net of expense for taxes of $0, $0, $0, and $0	0	4	0	12
Other comprehensive income	0	4	0	12
Comprehensive loss	(4,521)	(61,026)	(63,746)	(177,524)
Less: Comprehensive loss attributable to noncontrolling interests	0	0	0	0
Comprehensive loss attributable to stockholders of Bed Bath & Beyond, Inc.	$ (4,521)	$ (61,026)	$ (63,746)	$ (177,524)

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners.

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- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

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+ Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

INTANGIBLE ASSETS, NET - Narrative (Details) - USD ($) $ in Thousands				1 Months Ended	9 Months Ended
	Sep. 15, 2025	Mar. 17, 2025	Feb. 21, 2025	Jul. 31, 2025	Sep. 30, 2025	Sep. 30, 2024	Jun. 30, 2025	Dec. 31, 2024
Finite-Lived Intangible Assets [Line Items]
Proceeds from the sale of intangible assets					$ 6,250	$ 10,250
Equity method investments					$ 46,987			$ 56,546
Zulily Newco
Finite-Lived Intangible Assets [Line Items]
Equity method investment, ownership percentage		25.00%			25.00%
Equity method investments		$ 1,570
Disposed of by sale \| Lyons Trading Company, assets
Finite-Lived Intangible Assets [Line Items]
Disposal, sales price		5,000
Proceeds from the sale of intangible assets		1,250
Disposal, consideration receivable		$ 3,750
Disposal, installment period		5 years
Disposed of by sale \| Bed Bath & Beyond trademark assets
Finite-Lived Intangible Assets [Line Items]
Disposal, sales price							$ 5,000
Proceeds from the sale of intangible assets				$ 5,000
Gain on disposal					$ 5,000
Buy Buy Baby Assets
Finite-Lived Intangible Assets [Line Items]
Asset acquisition, purchase price			$ 5,000
Kirkland's Brand Assets
Finite-Lived Intangible Assets [Line Items]
Asset acquisition, purchase price	$ 10,000
Asset acquisition, noncash consideration	2,800
Trade Names \| Buy Buy Baby Assets
Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets acquired			$ 7,100
Trade Names \| Kirkland's Brand Assets
Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets acquired	$ 12,900

Consolidated Statements of Comprehensive Loss (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Statement of Comprehensive Income [Abstract]
Unrealized gain on cash flow hedges, tax expense	$ 0	$ 0	$ 0	$ 0

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2025

Accounting Policies [Abstract]

Schedule of Error Corrections and Prior Period Adjustments

The following table presents the revisions to the consolidated statements of operations (in thousands):


	Three months ended September 30, 2024						Nine months ended September 30, 2024
	As previously reported		Adjustment		As revised		As previously reported		Adjustment		As revised
Operating expenses:
Other operating expense (income), net	$	—	$	1,648	$	1,648	$	—	$	(8,627)	$	(8,627)
Total operating expenses	109,528		1,648		111,176		368,581		(8,627)		359,954
Operating loss	(43,553)		(1,648)		(45,201)		(148,079)		8,627		(139,452)
Other income (expense), net	(18,842)		1,648		(17,194)		(35,402)		(8,627)		(44,029)
Loss before income taxes	(60,841)		—		(60,841)		(176,901)		—		(176,901)
Consolidated net loss	(61,030)		—		(61,030)		(177,536)		—		(177,536)


	Three months ended March 31, 2025
	As previously reported		Adjustment		As revised
Operating expenses:
Other operating expense (income), net	$	—	$	(336)	$	(336)
Total operating expenses	81,679		(336)		81,343
Operating loss	(23,547)		336		(23,211)
Other income (expense), net	(16,933)		(336)		(17,269)
Loss before income taxes	(39,718)		—		(39,718)
Consolidated net loss	(39,912)		—		(39,912)


	Three months ended June 30, 2025						Six months ended June 30, 2025
	As previously reported		Adjustment		As revised		As previously reported		Adjustment		As revised
Operating expenses:
Other operating expense (income), net	$	—	$	(5,454)	$	(5,454)	$	—	$	(5,790)	$	(5,790)
Total operating expenses	84,849		(5,454)		79,395		166,528		(5,790)		160,738
Operating loss	(17,880)		5,454		(12,426)		(41,427)		5,790		(35,637)
Other income (expense), net	(2,035)		(5,454)		(7,489)		(18,968)		(5,790)		(24,758)
Loss before income taxes	(19,026)		—		(19,026)		(58,744)		—		(58,744)
Consolidated net loss	(19,313)		—		(19,313)		(59,225)		—		(59,225)

LEASES - Narrative (Details)	Sep. 30, 2025
Minimum
Lessee, Lease, Description [Line Items]
Remaining lease term (in years)	2 years
Maximum
Lessee, Lease, Description [Line Items]
Remaining lease term (in years)	8 years

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Sep. 30, 2025

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation

The Company has prepared the accompanying unaudited consolidated financial statements pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC") regarding interim financial reporting. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States ("GAAP") have been omitted in accordance with the rules and regulations of the SEC. These financial statements should be read in conjunction with the audited annual consolidated financial statements and related notes included in the Company's Annual Report on Form 10-K for the year ended December 31, 2024. There have been no significant changes to the Company's significant accounting policies disclosed in Note 2—Accounting Policies and Supplemental Disclosures, included in Part II, Item 8, Financial Statements and Supplementary Data, of the Company's Annual Report on Form 10-K for the year ended December 31, 2024, except as disclosed below.

The accompanying unaudited consolidated financial statements include the Company's accounts and the accounts of the Company's wholly-owned subsidiaries and other subsidiaries for which the Company exercises control, and reflect all adjustments, consisting only of normal recurring adjustments, which are, in the Company's opinion, necessary for a fair presentation of results for the interim periods presented. All intercompany account balances and transactions have been eliminated in consolidation. The results of operations for the three and nine months ended September 30, 2025, are not necessarily indicative of the results to be expected for any future period or the full fiscal year, due to seasonality and other factors.

Revision of previously issued consolidated financial statements

The Company identified errors in the consolidated statements of operations related to the classification of gains on the sale of intangible assets and write-downs of assets held for sale erroneously being included in Other income (expense), net instead of in operating expenses. The Company assessed the materiality of changes to prior period consolidated financial statements to address these errors in accordance with SEC Staff Accounting Bulletin No. 99, "Materiality", (ASC Topic 250, Accounting Changes and Error Corrections). Based on this assessment, the Company concluded that these error corrections in its consolidated statements of operations were not material to any previously presented consolidated financial statements. The corrections had no material impact on the consolidated balance sheets, consolidated statements of comprehensive loss, consolidated statements of changes in stockholders' equity, or consolidated statements of cash flows, for any previously presented interim or annual consolidated financial statements.

The financial reporting periods affected by these errors include the Company's previously reported audited consolidated financial statements for the fiscal years ended December 31, 2024 and 2023, and the Company's previously reported interim unaudited consolidated financial statements for each of the periods ended June 30, 2024, September 30, 2024, March 31, 2025, and June 30, 2025. To correct the immaterial errors, the Company elected to revise its previously reported interim unaudited consolidated financial statements, starting with the period ended September 30, 2024, in this Quarterly Report on Form 10-Q. The Company expects to present the corrected annual amounts in its Annual Report on Form 10-K for the year ending December 31, 2025.

The following table presents the revisions to the consolidated statements of operations (in thousands):


	Three months ended September 30, 2024						Nine months ended September 30, 2024
	As previously reported		Adjustment		As revised		As previously reported		Adjustment		As revised
Operating expenses:
Other operating expense (income), net	$	—	$	1,648	$	1,648	$	—	$	(8,627)	$	(8,627)
Total operating expenses	109,528		1,648		111,176		368,581		(8,627)		359,954
Operating loss	(43,553)		(1,648)		(45,201)		(148,079)		8,627		(139,452)
Other income (expense), net	(18,842)		1,648		(17,194)		(35,402)		(8,627)		(44,029)
Loss before income taxes	(60,841)		—		(60,841)		(176,901)		—		(176,901)
Consolidated net loss	(61,030)		—		(61,030)		(177,536)		—		(177,536)


	Three months ended March 31, 2025
	As previously reported		Adjustment		As revised
Operating expenses:
Other operating expense (income), net	$	—	$	(336)	$	(336)
Total operating expenses	81,679		(336)		81,343
Operating loss	(23,547)		336		(23,211)
Other income (expense), net	(16,933)		(336)		(17,269)
Loss before income taxes	(39,718)		—		(39,718)
Consolidated net loss	(39,912)		—		(39,912)


	Three months ended June 30, 2025						Six months ended June 30, 2025
	As previously reported		Adjustment		As revised		As previously reported		Adjustment		As revised
Operating expenses:
Other operating expense (income), net	$	—	$	(5,454)	$	(5,454)	$	—	$	(5,790)	$	(5,790)
Total operating expenses	84,849		(5,454)		79,395		166,528		(5,790)		160,738
Operating loss	(17,880)		5,454		(12,426)		(41,427)		5,790		(35,637)
Other income (expense), net	(2,035)		(5,454)		(7,489)		(18,968)		(5,790)		(24,758)
Loss before income taxes	(19,026)		—		(19,026)		(58,744)		—		(58,744)
Consolidated net loss	(19,313)		—		(19,313)		(59,225)		—		(59,225)

Use of estimates

The preparation of financial statements in conformity with GAAP requires estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent liabilities in the Company's consolidated financial statements and accompanying notes. Estimates are used for, but not limited to, receivables valuation, revenue recognition, loyalty program reward point and gift card breakage, sales returns, inventory valuation, asset useful lives, equity and debt securities valuation, income taxes, stock-based compensation, performance-based compensation, self-funded health insurance liabilities, and contingencies. Although these estimates are based on the Company's best knowledge of current events and actions that the Company may undertake in the future, the accounting of these estimates may change from period to period. To the extent there are differences between these estimates and actual results, the Company's consolidated financial statements may be materially affected.

Noncontrolling interests

In April 2025, the Company's controlled subsidiary, Commercial Strategies, Inc. ("Commercial Strategies"), launched a crowdfunding offering (the "token offering") of the right to acquire a tokenized digital security linked to Overstock intellectual property and eligible for future dividends, if any, from the licensing revenue that Commercial Strategies earns from the Overstock intellectual property. The token offering closed on May 16, 2025, and Commercial Strategies issued the tokenized digital security in the form of Series A Preferred Stock. The holders of the preferred shares will be entitled to receive, out of funds and assets legally available for such purpose, an annual dividend that is derived from the royalty fee paid by Bed Bath & Beyond, Inc. to Commercial Strategies for licensing of the Overstock intellectual property. The holders of the preferred stock have no voting rights. At September 30, 2025, cumulative proceeds from the token offering totaled $467,000, have been classified as a component of noncontrolling interest within the consolidated financial statements. As of September 30, 2025, Commercial Strategies has incurred $305,000 of offering costs associated with the token offering that are classified as a reduction in proceeds within noncontrolling interest within the consolidated financial statements.

In May 2025, the Company's controlled subsidiary, Zion Peaks, Inc. ("Zion Peaks"), launched a crowdfunding offering (the "token offering") of the right to acquire a tokenized digital security linked to buybuy BABY intellectual property and eligible for future dividends, if any, from the licensing revenue that Zion Peaks earns from the buybuy BABY intellectual property. The token offering closed on August 11, 2025, and Zion Peaks issued the tokenized digital security in the form of Series A Preferred Stock. The holders of the preferred shares will be entitled to receive, out of funds and assets legally available for such purpose, an annual dividend that is derived from the royalty fee paid by Bed Bath & Beyond, Inc. to Zion Peaks for licensing of the buybuy BABY intellectual property. The holders of the preferred stock have no voting rights. At September 30, 2025, cumulative proceeds from the token offering totaled $396,000, have been classified as a component of noncontrolling interest within the consolidated financial statements. As of September 30, 2025, Zion Peaks has incurred $217,000 of offering costs associated with the token offering that are classified as a reduction in proceeds within noncontrolling interest within the consolidated financial statements.

Debt securities carried at fair value

On May 7, 2025, the Company entered into an Amended and Restated Term Loan Credit Agreement (the "Amended and Restated Credit Agreement"), which amended and restated the secured Term Loan Credit Agreement ("Existing Credit Agreement") entered on October 21, 2024 and pursuant to which the Company provided The Brand House Collective, Inc. (formerly known as Kirkland's Inc.) ("The Brand House Collective") with an additional term loan in an approximate aggregate original principal amount of $5.2 million (the "Additional Term Loan") and obligations arising under the Existing Credit Agreement in the aggregate amount of $8.5 million were rolled into the Amended and Restated Credit Agreement as obligations thereunder. On September 15, 2025, the Company entered into Amendment No. 1 to the Amended and Restated Credit Agreement (such amendment, the "Credit Agreement Amendment" and the Existing Credit Agreement as amended by the Credit Agreement Amendment, the "Amended Credit Agreement". Pursuant to the terms of the Amended Credit Agreement, new delayed-draw term loan commitments in an aggregate original principal amount of $20.0 million (the "Delayed Draw Term Loan Commitments") were established. The Amended Credit Agreement provides the Company the right to convert the outstanding loans (including loans extended in satisfaction of the Delayed Draw Term Loan Commitments) owing under the Amended and Restated Credit Agreement into shares of The Brand House Collective's common stock at a price equal to the closing price on the Nasdaq Stock Market LLC ("Nasdaq") on the day prior to the date on which a conversion election is made, up to a number of shares equal to 19.90% of the outstanding shares of The Brand House Collective's common stock on the date the Amended Credit Agreement was entered into, and up to a greater number of shares subject to Nasdaq shareholder approval rules. Bed Bath & Beyond is restricted from holding greater than 75% of outstanding The Brand House Collective's issued shares for so long as any obligations remain outstanding under The Brand House Collective's credit agreement with its senior lender, Bank of America, N.A.

As a result of the Amended Credit Agreement, the Company remeasured the $8.5 million term loan and recorded an unrealized loss of $406,000 during the nine months ended September 30, 2025, which is recorded in Other income (expense), net in the consolidated statements of operations.

Recently issued accounting standards

In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which requires public entities to disclose disaggregated information about a reporting entity's effective tax rate reconciliation as well as additional information on income taxes paid. For public entities, ASU 2023-09 is required to be adopted for annual periods beginning after December 15, 2024, with early adoption permitted. This ASU will result in the Company including the additional required disclosures when adopted and does not otherwise have a material impact on the Company's consolidated financial statements.

In November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40), which requires public entities to disclose disaggregated information about certain income statement line items in the notes to the financial statements. For public entities, ASU 2024-03 is required to be adopted for annual periods beginning after December 15, 2026, and for interim periods beginning after December 15, 2027, with early adoption permitted. This ASU will result in the Company including the additional required disclosures when adopted and does not otherwise have a material impact on the Company's consolidated financial statements.

In September 2025, the FASB issued ASU 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40), Targeted Improvements to the Accounting for Internal-Use Software, which clarified and modernizes the accounting for costs related to internal-use software. The amendments in ASU 2025-06 remove all references to project stages throughout Subtopic 350-40 and clarify the threshold entities apply to begin capitalizing costs. ASU 2025-06 is effective for all entities for annual reporting periods beginning after December 15, 2027, and interim reporting periods within those annual reporting periods, with early adoption permitted. This ASU will result in the Company adopting the new threshold to apply to begin capitalizing costs and does not otherwise have a material impact on the Company's consolidated financial statements.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Sep. 30, 2025
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The Company has prepared the accompanying unaudited consolidated financial statements pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC") regarding interim financial reporting. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States ("GAAP") have been omitted in accordance with the rules and regulations of the SEC. These financial statements should be read in conjunction with the audited annual consolidated financial statements and related notes included in the Company's Annual Report on Form 10-K for the year ended December 31, 2024. There have been no significant changes to the Company's significant accounting policies disclosed in Note 2—Accounting Policies and Supplemental Disclosures, included in Part II, Item 8, Financial Statements and Supplementary Data, of the Company's Annual Report on Form 10-K for the year ended December 31, 2024, except as disclosed below. The accompanying unaudited consolidated financial statements include the Company's accounts and the accounts of the Company's wholly-owned subsidiaries and other subsidiaries for which the Company exercises control, and reflect all adjustments, consisting only of normal recurring adjustments, which are, in the Company's opinion, necessary for a fair presentation of results for the interim periods presented. All intercompany account balances and transactions have been eliminated in consolidation. The results of operations for the three and nine months ended September 30, 2025, are not necessarily indicative of the results to be expected for any future period or the full fiscal year, due to seasonality and other factors.
Revision of previously issued consolidated financial statements	Revision of previously issued consolidated financial statements The Company identified errors in the consolidated statements of operations related to the classification of gains on the sale of intangible assets and write-downs of assets held for sale erroneously being included in Other income (expense), net instead of in operating expenses. The Company assessed the materiality of changes to prior period consolidated financial statements to address these errors in accordance with SEC Staff Accounting Bulletin No. 99, "Materiality", (ASC Topic 250, Accounting Changes and Error Corrections). Based on this assessment, the Company concluded that these error corrections in its consolidated statements of operations were not material to any previously presented consolidated financial statements. The corrections had no material impact on the consolidated balance sheets, consolidated statements of comprehensive loss, consolidated statements of changes in stockholders' equity, or consolidated statements of cash flows, for any previously presented interim or annual consolidated financial statements. The financial reporting periods affected by these errors include the Company's previously reported audited consolidated financial statements for the fiscal years ended December 31, 2024 and 2023, and the Company's previously reported interim unaudited consolidated financial statements for each of the periods ended June 30, 2024, September 30, 2024, March 31, 2025, and June 30, 2025. To correct the immaterial errors, the Company elected to revise its previously reported interim unaudited consolidated financial statements, starting with the period ended September 30, 2024, in this Quarterly Report on Form 10-Q. The Company expects to present the corrected annual amounts in its Annual Report on Form 10-K for the year ending December 31, 2025.
Use of estimates	Use of estimates The preparation of financial statements in conformity with GAAP requires estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent liabilities in the Company's consolidated financial statements and accompanying notes. Estimates are used for, but not limited to, receivables valuation, revenue recognition, loyalty program reward point and gift card breakage, sales returns, inventory valuation, asset useful lives, equity and debt securities valuation, income taxes, stock-based compensation, performance-based compensation, self-funded health insurance liabilities, and contingencies. Although these estimates are based on the Company's best knowledge of current events and actions that the Company may undertake in the future, the accounting of these estimates may change from period to period. To the extent there are differences between these estimates and actual results, the Company's consolidated financial statements may be materially affected.
Noncontrolling interests	Noncontrolling interests In April 2025, the Company's controlled subsidiary, Commercial Strategies, Inc. ("Commercial Strategies"), launched a crowdfunding offering (the "token offering") of the right to acquire a tokenized digital security linked to Overstock intellectual property and eligible for future dividends, if any, from the licensing revenue that Commercial Strategies earns from the Overstock intellectual property. The token offering closed on May 16, 2025, and Commercial Strategies issued the tokenized digital security in the form of Series A Preferred Stock. The holders of the preferred shares will be entitled to receive, out of funds and assets legally available for such purpose, an annual dividend that is derived from the royalty fee paid by Bed Bath & Beyond, Inc. to Commercial Strategies for licensing of the Overstock intellectual property. The holders of the preferred stock have no voting rights. At September 30, 2025, cumulative proceeds from the token offering totaled $467,000, have been classified as a component of noncontrolling interest within the consolidated financial statements. As of September 30, 2025, Commercial Strategies has incurred $305,000 of offering costs associated with the token offering that are classified as a reduction in proceeds within noncontrolling interest within the consolidated financial statements. In May 2025, the Company's controlled subsidiary, Zion Peaks, Inc. ("Zion Peaks"), launched a crowdfunding offering (the "token offering") of the right to acquire a tokenized digital security linked to buybuy BABY intellectual property and eligible for future dividends, if any, from the licensing revenue that Zion Peaks earns from the buybuy BABY intellectual property. The token offering closed on August 11, 2025, and Zion Peaks issued the tokenized digital security in the form of Series A Preferred Stock. The holders of the preferred shares will be entitled to receive, out of funds and assets legally available for such purpose, an annual dividend that is derived from the royalty fee paid by Bed Bath & Beyond, Inc. to Zion Peaks for licensing of the buybuy BABY intellectual property. The holders of the preferred stock have no voting rights. At September 30, 2025, cumulative proceeds from the token offering totaled $396,000, have been classified as a component of noncontrolling interest within the consolidated financial statements. As of September 30, 2025, Zion Peaks has incurred $217,000 of offering costs associated with the token offering that are classified as a reduction in proceeds within noncontrolling interest within the consolidated financial statements.
Debt securities carried at fair value	Debt securities carried at fair value On May 7, 2025, the Company entered into an Amended and Restated Term Loan Credit Agreement (the "Amended and Restated Credit Agreement"), which amended and restated the secured Term Loan Credit Agreement ("Existing Credit Agreement") entered on October 21, 2024 and pursuant to which the Company provided The Brand House Collective, Inc. (formerly known as Kirkland's Inc.) ("The Brand House Collective") with an additional term loan in an approximate aggregate original principal amount of $5.2 million (the "Additional Term Loan") and obligations arising under the Existing Credit Agreement in the aggregate amount of $8.5 million were rolled into the Amended and Restated Credit Agreement as obligations thereunder. On September 15, 2025, the Company entered into Amendment No. 1 to the Amended and Restated Credit Agreement (such amendment, the "Credit Agreement Amendment" and the Existing Credit Agreement as amended by the Credit Agreement Amendment, the "Amended Credit Agreement". Pursuant to the terms of the Amended Credit Agreement, new delayed-draw term loan commitments in an aggregate original principal amount of $20.0 million (the "Delayed Draw Term Loan Commitments") were established. The Amended Credit Agreement provides the Company the right to convert the outstanding loans (including loans extended in satisfaction of the Delayed Draw Term Loan Commitments) owing under the Amended and Restated Credit Agreement into shares of The Brand House Collective's common stock at a price equal to the closing price on the Nasdaq Stock Market LLC ("Nasdaq") on the day prior to the date on which a conversion election is made, up to a number of shares equal to 19.90% of the outstanding shares of The Brand House Collective's common stock on the date the Amended Credit Agreement was entered into, and up to a greater number of shares subject to Nasdaq shareholder approval rules. Bed Bath & Beyond is restricted from holding greater than 75% of outstanding The Brand House Collective's issued shares for so long as any obligations remain outstanding under The Brand House Collective's credit agreement with its senior lender, Bank of America, N.A. As a result of the Amended Credit Agreement, the Company remeasured the $8.5 million term loan and recorded an unrealized loss of $406,000 during the nine months ended September 30, 2025, which is recorded in Other income (expense), net in the consolidated statements of operations.
Recently issued accounting standards	Recently issued accounting standards In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which requires public entities to disclose disaggregated information about a reporting entity's effective tax rate reconciliation as well as additional information on income taxes paid. For public entities, ASU 2023-09 is required to be adopted for annual periods beginning after December 15, 2024, with early adoption permitted. This ASU will result in the Company including the additional required disclosures when adopted and does not otherwise have a material impact on the Company's consolidated financial statements. In November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40), which requires public entities to disclose disaggregated information about certain income statement line items in the notes to the financial statements. For public entities, ASU 2024-03 is required to be adopted for annual periods beginning after December 15, 2026, and for interim periods beginning after December 15, 2027, with early adoption permitted. This ASU will result in the Company including the additional required disclosures when adopted and does not otherwise have a material impact on the Company's consolidated financial statements. In September 2025, the FASB issued ASU 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40), Targeted Improvements to the Accounting for Internal-Use Software, which clarified and modernizes the accounting for costs related to internal-use software. The amendments in ASU 2025-06 remove all references to project stages throughout Subtopic 350-40 and clarify the threshold entities apply to begin capitalizing costs. ASU 2025-06 is effective for all entities for annual reporting periods beginning after December 15, 2027, and interim reporting periods within those annual reporting periods, with early adoption permitted. This ASU will result in the Company adopting the new threshold to apply to begin capitalizing costs and does not otherwise have a material impact on the Company's consolidated financial statements.

- Definition

Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles.

+ References

+ Details

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) shares in Thousands	Total	Parent	Common stock	Treasury stock	Additional paid-in capital	Accumulated deficit	Accumulated other comprehensive loss	Noncontrolling interest
Beginning balance (in shares) at Dec. 31, 2023			51,770
Increase (Decrease) in Stockholders' Equity
Common stock issued upon vesting of restricted stock (in shares)			410
Common stock issued for ESPP purchases (in shares)			119
Common stock sold through offerings (in shares)			0
Ending balance (in shares) at Sep. 30, 2024			52,299
Beginning balance, treasury stock (in shares) at Dec. 31, 2023				6,356
Increase (Decrease) in Stockholders' Equity
Repurchases of common stock (in shares)				0
Tax withholding upon vesting of employee stock awards (in shares)				126
Ending balance, treasury stock (in shares) at Sep. 30, 2024				6,482
Beginning balance at Dec. 31, 2023			$ 5,000	$ (166,345,000)	$ 1,007,649,000	$ (481,671,000)	$ (506,000)	$ 0
Increase (Decrease) in Stockholders' Equity
Stock-based compensation to employees and directors					16,384,000
Common stock issued for ESPP purchases					1,472,000
Common stock sold through offerings			0		0
Consolidated net loss	$ (177,536,000)					(177,536,000)
Net other comprehensive income	12,000						12,000
Repurchases of common stock				0
Tax withholding upon vesting of employee stock awards				(3,271,000)
Proceeds from security token offering, net								0
Net loss attributable to noncontrolling interests	0							0
Ending balance at Sep. 30, 2024	196,193,000	$ 196,193,000	$ 5,000	$ (169,616,000)	1,025,505,000	(659,207,000)	(494,000)	0
Beginning balance (in shares) at Jun. 30, 2024			52,230
Increase (Decrease) in Stockholders' Equity
Common stock issued upon vesting of restricted stock (in shares)			6
Common stock issued for ESPP purchases (in shares)			63
Common stock sold through offerings (in shares)			0
Ending balance (in shares) at Sep. 30, 2024			52,299
Beginning balance, treasury stock (in shares) at Jun. 30, 2024				6,480
Increase (Decrease) in Stockholders' Equity
Repurchases of common stock (in shares)				0
Tax withholding upon vesting of employee stock awards (in shares)				2
Ending balance, treasury stock (in shares) at Sep. 30, 2024				6,482
Beginning balance at Jun. 30, 2024			$ 5,000	$ (169,595,000)	1,018,619,000	(598,177,000)	(498,000)	0
Increase (Decrease) in Stockholders' Equity
Stock-based compensation to employees and directors					6,349,000
Common stock issued for ESPP purchases					537,000
Common stock sold through offerings			0		0
Consolidated net loss	(61,030,000)					(61,030,000)
Net other comprehensive income	4,000						4,000
Repurchases of common stock				0
Tax withholding upon vesting of employee stock awards				(21,000)
Proceeds from security token offering, net								0
Net loss attributable to noncontrolling interests	0							0
Ending balance at Sep. 30, 2024	$ 196,193,000	196,193,000	$ 5,000	$ (169,616,000)	1,025,505,000	(659,207,000)	(494,000)	0
Increase (Decrease) in Stockholders' Equity
Common stock, shares outstanding (in shares)			45,817
Common stock, shares outstanding (in shares)	53,069
Beginning balance (in shares) at Dec. 31, 2024			59,560
Increase (Decrease) in Stockholders' Equity
Common stock issued upon vesting of restricted stock (in shares)			341
Common stock issued for ESPP purchases (in shares)			138
Common stock sold through offerings (in shares)			12,432
Ending balance (in shares) at Sep. 30, 2025			72,471
Beginning balance, treasury stock (in shares) at Dec. 31, 2024	6,491			6,491
Increase (Decrease) in Stockholders' Equity
Repurchases of common stock (in shares)				903
Tax withholding upon vesting of employee stock awards (in shares)				93
Ending balance, treasury stock (in shares) at Sep. 30, 2025	7,487			7,487
Beginning balance at Dec. 31, 2024	$ 162,732,000		$ 5,000	$ (169,676,000)	1,072,869,000	(740,466,000)	0	0
Increase (Decrease) in Stockholders' Equity
Stock-based compensation to employees and directors					8,002,000
Common stock issued for ESPP purchases					683,000
Common stock sold through offerings			2,000		101,688,000
Consolidated net loss	(63,746,000)					(63,746,000)
Net other comprehensive income	0						0
Repurchases of common stock	(6,200,000)			(6,218,000)
Tax withholding upon vesting of employee stock awards				(544,000)
Proceeds from security token offering, net								341,000
Net loss attributable to noncontrolling interests	0							0
Ending balance at Sep. 30, 2025	$ 202,940,000	202,599,000	$ 7,000	$ (176,438,000)	1,183,242,000	(804,212,000)	0	341,000
Beginning balance (in shares) at Jun. 30, 2025			64,322
Increase (Decrease) in Stockholders' Equity
Common stock issued upon vesting of restricted stock (in shares)			2
Common stock issued for ESPP purchases (in shares)			47
Common stock sold through offerings (in shares)			8,100
Ending balance (in shares) at Sep. 30, 2025			72,471
Beginning balance, treasury stock (in shares) at Jun. 30, 2025				6,917
Increase (Decrease) in Stockholders' Equity
Repurchases of common stock (in shares)				570
Tax withholding upon vesting of employee stock awards (in shares)				0
Ending balance, treasury stock (in shares) at Sep. 30, 2025	7,487			7,487
Beginning balance at Jun. 30, 2025			$ 6,000	$ (171,526,000)	1,102,079,000	(799,691,000)	0	337,000
Increase (Decrease) in Stockholders' Equity
Stock-based compensation to employees and directors					3,522,000
Common stock issued for ESPP purchases					174,000
Common stock sold through offerings			1,000		77,467,000
Consolidated net loss	$ (4,521,000)					(4,521,000)
Net other comprehensive income	0						0
Repurchases of common stock	(4,900,000)			(4,907,000)
Tax withholding upon vesting of employee stock awards				(5,000)
Proceeds from security token offering, net								4,000
Net loss attributable to noncontrolling interests	0							0
Ending balance at Sep. 30, 2025	$ 202,940,000	$ 202,599,000	$ 7,000	$ (176,438,000)	$ 1,183,242,000	$ (804,212,000)	$ 0	$ 341,000
Increase (Decrease) in Stockholders' Equity
Common stock, shares outstanding (in shares)	64,984		64,984

INDEMNIFICATIONS AND GUARANTEES	9 Months Ended
INDEMNIFICATIONS AND GUARANTEES	Sep. 30, 2025
Guarantees and Product Warranties [Abstract]
INDEMNIFICATIONS AND GUARANTEES	10. INDEMNIFICATIONS AND GUARANTEES During the normal course of business, the Company has made certain indemnities, commitments, and guarantees under which the Company may be required to make payments in relation to certain transactions. These indemnities include, but are not limited to, indemnities to various lessors in connection with facility leases for certain claims arising from such facility or lease, the environmental indemnity the Company entered into in favor of the lenders under its prior loan agreements, customary indemnification arrangements in underwriting agreements and similar agreements, and indemnities to its directors and officers to the maximum extent permitted under the laws of the State of Delaware. The duration of these indemnities, commitments, and guarantees varies, and in certain cases, is indefinite. In addition, the majority of these indemnities, commitments, and guarantees do not provide for any limitation of the maximum potential future payments the Company could be obligated to make. As such, the Company is unable to estimate with any reasonableness its potential exposure under these items. The Company has not recorded any liability for these indemnities, commitments, and guarantees in the accompanying consolidated balance sheets. The Company does, however, accrue losses for any known contingent liability, including those that may arise from indemnification provisions, when future payment is both probable and reasonably estimable.

- Definition

The entire disclosure for each guarantee obligation, or each group of similar guarantee obligations, including (a) the nature of the guarantee, including its term, how it arose, and the events or circumstances that would require the guarantor to perform under the guarantee; (b) the maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee; (c) the current carrying amount of the liability, if any, for the guarantor's obligations under the guarantee; and (d) the nature of any recourse provisions under the guarantee, and any assets held either as collateral or by third parties, and any relevant related party disclosure. Excludes disclosures about product warranties.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 460
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)(4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482425/460-10-50-4

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 460
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)(5)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482425/460-10-50-4

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 460
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482425/460-10-50-4

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 460
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482425/460-10-50-4

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 460
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482425/460-10-50-4

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 460
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482425/460-10-50-4

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 460
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/460/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 460
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (b)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482425/460-10-50-4

+ Details

PROPERTY AND EQUIPMENT, NET - Depreciation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Property, Plant and Equipment [Line Items]
Total depreciation	$ 3,681	$ 4,107	$ 12,187	$ 11,961
Cost of goods sold
Property, Plant and Equipment [Line Items]
Total depreciation	1	104	90	300
Technology
Property, Plant and Equipment [Line Items]
Total depreciation	3,607	3,908	11,857	11,355
General and administrative
Property, Plant and Equipment [Line Items]
Total depreciation	$ 73	$ 95	$ 240	$ 306

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Revision of Previously Issued Financial Statements (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended	9 Months Ended
	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Sep. 30, 2024	Jun. 30, 2025	Sep. 30, 2025	Sep. 30, 2024
Operating expenses
Other operating expense (income), net	$ 0	$ (5,454)	$ (336)	$ 1,648	$ (5,790)	$ (5,790)	$ (8,627)
Operating expenses	77,615	79,395	81,343	111,176	160,738	238,353	359,954
Operating loss	(12,452)	(12,426)	(23,211)	(45,201)	(35,637)	(48,089)	(139,452)
Other income (expense), net	6,978	(7,489)	(17,269)	(17,194)	(24,758)	(17,780)	(44,029)
Loss before income taxes	(4,288)	(19,026)	(39,718)	(60,841)	(58,744)	(63,032)	(176,901)
Consolidated net loss	$ (4,521)	(19,313)	(39,912)	(61,030)	(59,225)	$ (63,746)	(177,536)
As previously reported
Operating expenses
Other operating expense (income), net		0	0	0	0		0
Operating expenses		84,849	81,679	109,528	166,528		368,581
Operating loss		(17,880)	(23,547)	(43,553)	(41,427)		(148,079)
Other income (expense), net		(2,035)	(16,933)	(18,842)	(18,968)		(35,402)
Loss before income taxes		(19,026)	(39,718)	(60,841)	(58,744)		(176,901)
Consolidated net loss		(19,313)	(39,912)	(61,030)	(59,225)		(177,536)
Adjustment
Operating expenses
Other operating expense (income), net		(5,454)	(336)	1,648	(5,790)		(8,627)
Operating expenses		(5,454)	(336)	1,648	(5,790)		(8,627)
Operating loss		5,454	336	(1,648)	5,790		8,627
Other income (expense), net		(5,454)	(336)	1,648	(5,790)		(8,627)
Loss before income taxes		0	0	0	0		0
Consolidated net loss		$ 0	$ 0	$ 0	$ 0		$ 0

- Definition

Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.

+ References

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+ Details

- Definition

The net result for the period of deducting operating expenses from operating revenues.

+ References

+ Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

+ Details

STOCKHOLDERS' EQUITY - Common Stock (Details)	Sep. 30, 2025 vote
Equity [Abstract]
Common stock, number of votes	1

LEASES (Tables)

9 Months Ended

Sep. 30, 2025

Leases [Abstract]

Schedule of Components of Lease Costs and Other Operating Lease Information

The components of lease expenses were as follows (in thousands):


	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Operating lease cost	$	323	$	963	$	1,756	$	2,522

Variable lease cost	234		253		851		684

Other Lease Information

The following table provides a summary of other information related to leases (in thousands):


	Nine months ended September 30,
	2025		2024

Cash payments included in operating cash flows from lease arrangements	$	1,313	$	2,628

Leases, Additional Financial Information

The following table provides supplemental balance sheet information related to leases:


	September 30, 2025		December 31, 2024
Weighted-average remaining lease term—operating leases	6.97 years		6.65 years
Weighted-average discount rate—operating leases	7	%	6	%

Lessee, Operating Lease, Liability, to be Paid, Maturity

Maturity of lease liabilities under non-cancellable operating leases as of September 30, 2025, are as follows (in thousands):


Payments due by period	Amount
2025 (Remainder)	$	314
2026	1,285
2027	1,150
2028	1,099
2029	1,132
Thereafter	3,497
Total lease payments	8,477
Less interest	1,699
Present value of lease liabilities	$	6,778

EQUITY SECURITIES - Equity Securities accounted for Under Equity Method and Related Ownership Interest (Details)	9 Months Ended
	Sep. 30, 2025	Mar. 17, 2025
tZERO Group, Inc.
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	28.00%
The Brand House Collective, Inc.
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	40.00%
Zulily Newco
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	25.00%	25.00%
Medici Ventures, L.P.
Schedule of Equity Method Investments [Line Items]
Limited partner, ownership interest	99.00%

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

LEASES

9 Months Ended

Sep. 30, 2025

Leases [Abstract]

LEASES

8. LEASES

The Company has operating leases for office space and a data center. The Company's leases have remaining lease terms of two years to eight years, some of which may include options to extend the leases perpetually, and some of which may include options to terminate the leases within one year. Variable lease costs include executory costs, such as taxes, insurance, and maintenance.

The components of lease expenses were as follows (in thousands):


	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Operating lease cost	$	323	$	963	$	1,756	$	2,522

Variable lease cost	234		253		851		684

The following table provides a summary of other information related to leases (in thousands):


	Nine months ended September 30,
	2025		2024

Cash payments included in operating cash flows from lease arrangements	$	1,313	$	2,628

The following table provides supplemental balance sheet information related to leases:


	September 30, 2025		December 31, 2024
Weighted-average remaining lease term—operating leases	6.97 years		6.65 years
Weighted-average discount rate—operating leases	7	%	6	%

Maturity of lease liabilities under non-cancellable operating leases as of September 30, 2025, are as follows (in thousands):


Payments due by period	Amount
2025 (Remainder)	$	314
2026	1,285
2027	1,150
2028	1,099
2029	1,132
Thereafter	3,497
Total lease payments	8,477
Less interest	1,699
Present value of lease liabilities	$	6,778

FAIR VALUE MEASUREMENT

9 Months Ended

Sep. 30, 2025

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENT

3. FAIR VALUE MEASUREMENT

The following tables summarize the Company's assets and liabilities measured at fair value on a recurring basis using the following levels of inputs (in thousands):


	Fair Value Measurements at September 30, 2025
	Total		Level 1		Level 2		Level 3
Assets:
Cash equivalents—Money market funds	$	22,492	$	22,492	$	—	$	—
Equity securities, at fair value	31,638		14,563		—		17,075
Available-for-sale debt securities (1)	13,989		—		—		13,989
Debt securities, at fair value (1)	11,736		—		—		11,736

Total assets	$	79,855	$	37,055	$	—	$	42,800
Liabilities:
Loan commitments, at fair value (2)	$	2,766	$	—	$	—	$	2,766

Total liabilities	$	2,766	$	—	$	—	$	2,766


	Fair Value Measurements at December 31, 2024
	Total		Level 1		Level 2		Level 3
Assets:
Cash equivalents—Money market funds	$	21,799	$	21,799	$	—	$	—
Equity securities, at fair value	21,640		—		—		21,640
Available-for-sale debt securities (1)	10,985		—		—		10,985
Debt securities, at fair value (1)	14,814		—		—		14,814

Total assets	$	69,238	$	21,799	$	—	$	47,439

___________________________________________

(1) Included in Other long-term assets, net in the consolidated balance sheets.

(2) Included in Other long-term liabilities in the consolidated balance sheets.

The following table provides activity for the Company's Level 3 investments (in thousands):


	Amount
Level 3 investments at December 31, 2023	$	51,530
Increase due to purchases of Level 3 investments	17,000
Decrease in fair value of Level 3 investments	(21,836)
Accrued interest on Level 3 investments	745
Level 3 investments at December 31, 2024	47,439
Increase due to purchases of Level 3 investments	9,804
Transfers out of Level 3 investments	(7,510)
Decrease in fair value of Level 3 investments	(6,842)
Accrued interest, net on Level 3 investments	(91)
Level 3 investments at September 30, 2025	$	42,800

The following table provides activity for the Company's Level 3 liabilities (in thousands):


	Amount
Level 3 liabilities at December 31, 2024	$	—
Fair value of Level 3 liabilities assumed	2,766
Level 3 liabilities at September 30, 2025	$	2,766

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(1)
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+ Details

FAIR VALUE MEASUREMENT - Level 3 Investment Activity (Details) - Level 3 - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2025	Dec. 31, 2024
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 47,439	$ 51,530
Increase due to purchases of Level 3 investments	9,804	17,000
Transfers out of Level 3 investments	(7,510)
Decrease in fair value of Level 3 investments	(6,842)	(21,836)
Accrued interest, net on Level 3 investments	(91)	745
Ending balance	$ 42,800	$ 47,439

STOCK-BASED AWARDS (Tables)

9 Months Ended

Sep. 30, 2025

Share-Based Payment Arrangement [Abstract]

Summary of Stock Based Compensation

Stock-based compensation expense is classified within the corresponding operating expense categories on the consolidated statements of operations as follows (in thousands):


	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Cost of goods sold	$	2	$	3	$	4	$	6
Sales and marketing	112		414		257		909
Technology	690		1,801		1,409		5,809
General and administrative	2,718		4,131		6,332		9,660
Total stock-based compensation	$	3,522	$	6,349	$	8,002	$	16,384

Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity

The following table summarizes restricted stock unit, performance-based share units, and Performance Share Option award activity (in thousands, except per share data):


	Nine months ended September 30, 2025
	Units	Weighted Average Grant Date Fair Value
Outstanding—beginning of year	3,564	$	20.98
Granted at fair value	2,581	6.29
Vested	(341)	24.55
Forfeited	(755)	14.59
Outstanding—end of period	5,049	$	6.33

NET LOSS PER SHARE

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

NET LOSS PER SHARE

14. NET LOSS PER SHARE

The following table sets forth the computation of basic and diluted net loss per common share for the periods indicated (in thousands, except per share data):


	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Numerator:










Net loss attributable to stockholders of Bed Bath & Beyond, Inc.	$	(4,521)	$	(61,030)	$	(63,746)	$	(177,536)

Denominator:
Weighted average shares of common stock outstanding—basic	60,333		45,771		57,190		45,700


Weighted average shares of common stock outstanding—diluted	60,333		45,771		57,190		45,700








Net loss per share of common stock:
Basic	$	(0.07)	$	(1.33)	$	(1.11)	$	(3.88)
Diluted	$	(0.07)	$	(1.33)	$	(1.11)	$	(3.88)

The following shares were excluded from the calculation of diluted shares outstanding as their effect would have been anti-dilutive (in thousands):


	Three months ended September 30,		Nine months ended September 30,
	2025	2024	2025	2024
Restricted stock units, PSUs, and Performance Share Option	2,601	3,980	2,601	3,980
Employee Stock Purchase Plan	273	31	273	31

NET LOSS PER SHARE - Income & Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Numerator:
Net loss attributable to stockholders of Bed Bath & Beyond, Inc.	$ (4,521)	$ (61,030)	$ (63,746)	$ (177,536)
Denominator:
Basic (in shares)	60,333,000	45,771,000	57,190,000	45,700,000
Diluted (in shares)	60,333,000	45,771,000	57,190,000	45,700,000
Net loss per share of common stock:
Basic (in dollars per share)	$ (0.07)	$ (1.33)	$ (1.11)	$ (3.88)
Diluted (in dollars per share)	$ (0.07)	$ (1.33)	$ (1.11)	$ (3.88)

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

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-Topic 260
-SubTopic 10
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-URI https://asc.fasb.org/1943274/2147476176/805-60-65-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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-Paragraph 2
-Subparagraph (g)(3)
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-Name Accounting Standards Codification
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-Paragraph 1
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Reference 24: http://www.xbrl.org/2003/role/disclosureRef
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Reference 25: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 65
-Paragraph 4
-Subparagraph (f)(4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481538/470-20-65-4

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
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Reference 15: http://www.xbrl.org/2003/role/disclosureRef
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-Subparagraph (a)
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Reference 18: http://www.xbrl.org/2003/role/disclosureRef
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-Section S99
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Reference 23: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/1943274/2147481538/470-20-65-4

+ Details

- Definition

Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders.

+ References

+ Details

INTANGIBLES ASSETS, NET (Tables)

9 Months Ended

Sep. 30, 2025

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Schedule of Finite-Lived Intangible Assets

Intangible assets, net consist of the following (in thousands):


	September 30, 2025		December 31, 2024
Intangible assets subject to amortization, gross (1)	$	5,645	$	6,239
Less: accumulated amortization of intangible assets	(3,616)		(3,145)
Intangible assets subject to amortization, net	2,029		3,094
Intangible assets not subject to amortization	43,308		27,152
Total intangible assets, net	$	45,337	$	30,246

___________________________________________

(1) At September 30, 2025, the weighted average remaining useful life for intangible assets subject to amortization, gross was 2.5 years.

Schedule of Indefinite-Lived Intangible Assets

Intangible assets, net consist of the following (in thousands):


	September 30, 2025		December 31, 2024
Intangible assets subject to amortization, gross (1)	$	5,645	$	6,239
Less: accumulated amortization of intangible assets	(3,616)		(3,145)
Intangible assets subject to amortization, net	2,029		3,094
Intangible assets not subject to amortization	43,308		27,152
Total intangible assets, net	$	45,337	$	30,246

___________________________________________

(1) At September 30, 2025, the weighted average remaining useful life for intangible assets subject to amortization, gross was 2.5 years.

LEASES - Other Information Related To Leases (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
Leases [Abstract]
Cash payments included in operating cash flows from lease arrangements	$ 1,313	$ 2,628

SUBSEQUENT EVENTS (Details) - Subsequent Event	Oct. 02, 2025 day $ / shares shares
Subsequent Event [Line Items]
Number of securities called by each warrant (in shares) \| shares	10
Warrant, exercise price (in dollars per share)	$ 15.50
Warrant, early expiration price, stock price threshold (in dollars per share)	$ 18.60
Warrant, threshold trading days \| day	20

EQUITY SECURITIES - Net Gain (Loss) Recognized On Equity Method Securities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Net gain (loss) recognized on our proportionate share of the net assets of our equity method securities	$ (565)	$ (6,371)	$ (9,559)	$ (23,859)
Increase (decrease) in fair value of equity method securities held under fair value option	$ 7,570	$ (10,828)	$ (7,085)	$ (19,546)

- Definition

Amount of income (loss) for proportionate share of equity method investee's income (loss).

+ References + Details

EQUITY SECURITIES - Narrative (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Mar. 17, 2025	Dec. 31, 2024
Schedule of Equity Method Investments [Line Items]
Purchase of equity securities	$ 8,000	$ 0
Total equity securities	78,625			$ 78,186
Equity method investments	46,987			$ 56,546
The Brand House Collective, Inc.
Schedule of Equity Method Investments [Line Items]
Purchase of equity securities	8,000
Convertible promissory note, amount converted into equity	$ 8,500
Equity method investment, ownership percentage	40.00%
Equity method investments	$ 14,600
Zulily Newco
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	25.00%		25.00%
Equity method investments			$ 1,570
Fair Value, Recurring
Schedule of Equity Method Investments [Line Items]
Equity securities, at fair value	$ 31,600

STOCK-BASED AWARDS - Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation	$ 3,522	$ 6,349	$ 8,002	$ 16,384
Cost of goods sold
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation	2	3	4	6
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation	112	414	257	909
Technology
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation	690	1,801	1,409	5,809
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation	$ 2,718	$ 4,131	$ 6,332	$ 9,660

PROPERTY AND EQUIPMENT, NET

9 Months Ended

Sep. 30, 2025

Property, Plant and Equipment, Net [Abstract]

PROPERTY AND EQUIPMENT, NET

4. PROPERTY AND EQUIPMENT, NET

Property and equipment, net consist of the following (in thousands):


	September 30, 2025		December 31, 2024
Computer hardware and software, including internal-use software and website development	$	184,948	$	202,005


Furniture and equipment	1,456		4,098


Leasehold improvements	1,158		1,466

	187,562		207,569
Less: accumulated depreciation	(172,768)		(184,025)
Total property and equipment, net	$	14,794	$	23,544

Capitalized costs associated with internal-use software and website development, both developed internally and acquired externally, and depreciation of costs for the same periods associated with internal-use software and website development consist of the following (in thousands):


	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Capitalized internal-use software and website development	$	1,797	$	3,505	$	4,744	$	11,465
Depreciation of internal-use software and website development	2,682		2,362		8,841		6,378

Depreciation expense is classified within the corresponding operating expense categories on the consolidated statements of operations as follows (in thousands):


	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Cost of goods sold	$	1	$	104	$	90	$	300
Technology	3,607		3,908		11,857		11,355

General and administrative	73		95		240		306
Total depreciation	$	3,681	$	4,107	$	12,187	$	11,961

REVENUE AND CONTRACT LIABILITY (Tables)

9 Months Ended

Sep. 30, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Deferred Revenues

The following table provides information about unearned revenue from contracts with customers, including significant changes in unearned revenue balances during the periods presented (in thousands):


	Amount
Unearned revenue at December 31, 2023	$	49,597
Increase due to deferral of revenue at period end, net	32,802
Decrease due to beginning contract liabilities recognized as revenue	(39,304)
Unearned revenue at December 31, 2024	43,095
Increase due to deferral of revenue at period end, net	25,415
Decrease due to beginning contract liabilities recognized as revenue	(32,690)
Unearned revenue at September 30, 2025	$	35,820

Schedule of Sales Returns, Reserve For Sales Returns

The following table provides additions to and deductions from the sales returns allowance, which is included in the Accrued liabilities balance in the consolidated balance sheets (in thousands):


	Amount
Allowance for returns at December 31, 2023	$	8,651
Additions to the allowance	105,353
Deductions from the allowance	(104,478)
Allowance for returns at December 31, 2024	9,526
Additions to the allowance	67,891
Deductions from the allowance	(70,316)
Allowance for returns at September 30, 2025	$	7,101

Cover Page - shares	9 Months Ended
Cover Page - shares	Sep. 30, 2025	Oct. 24, 2025
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2025
Document Transition Report	false
Entity File Number	001-41850
Entity Registrant Name	BED BATH & BEYOND, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	87-0634302
Entity Address, Address Line One	433 W. Ascension Way, 3rd Floor
Entity Address, City or Town	Murray,
Entity Address, State or Province	UT
Entity Address, Postal Zip Code	84123
City Area Code	801
Local Phone Number	947-3100
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		68,845,575
Entity Central Index Key	0001130713
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2025
Common Stock
Entity Information [Line Items]
Title of 12(b) Security	Common Stock, $0.0001 par value
Trading Symbol	BBBY
Security Exchange Name	NYSE
Warrants to Purchase Shares of Common Stock
Entity Information [Line Items]
Title of 12(b) Security	Warrants to Purchase Shares of Common Stock
Trading Symbol	BBBY WS
Security Exchange Name	NYSE

SUBSEQUENT EVENTS	9 Months Ended
SUBSEQUENT EVENTS	Sep. 30, 2025
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	16. SUBSEQUENT EVENTS On September 22, 2025, the Company announced that its Board of Directors had declared a warrant dividend distribution (the "Warrant Distribution") to the record holders of the Company's common stock (the "Common Stock"), in the form of warrants to purchase common stock (the "Warrants"). Holders of Common Stock at the close of business on October 2, 2025 (the "Record Date") received one warrant for each ten shares of Common Stock then owned, rounded down to the nearest whole number. The Warrants were distributed on the terms and conditions described in the Warrant Agreement, dated as of October 7, 2025, between the Company, Computershare, Inc., a Delaware corporation, and its affiliate, Computershare Trust Company, N.A., as Warrant Agent. The Warrants have an exercise price of $15.50, which may be exercised for cash only, and will expire on October 7, 2026, unless the Early Expiration Price Condition (defined herein) is met. The "Early Expiration Price Condition" is met if the Company's common stock equals or exceeds $18.60 for at least 20 trading days out of a 30-day trading day period (the "Early Expiration Price Condition Date"), at which point the Company has the right but, not the obligation, to accelerate the expiration date of the Warrants to the business day immediately following the Early Expiration Price Condition Date (the "Early Expiration Date"). If the Early Expiration Price Condition occurs, the Company will make a public announcement to that effect by issuing a press release (the "Early Expiration Price Condition Notice") as promptly as practical after market close on the Early Expiration Price Condition Date setting forth the Early Expiration Date or an Alternative Expiration Date as set forth below. The Company may, in its sole discretion, elect to set the Early Expiration Date on a date falling after the business day immediately following the Early Expiration Price Condition Date (such date, an "Alternate Expiration Date"). Any such Alternate Expiration Date shall be specified in the Early Expiration Price Condition Notice. The Warrants are exercisable beginning as of the date a Registration Statement on Form S-3 registering the shares that are issuable upon exercise of the Warrants has been declared effective by the SEC, and may be exercised at any time through the Expiration Date. Holders of Warrants do not have any rights as a stockholder with respect to the shares of common stock issuable upon exercise of the Warrants prior to the time such Warrants are validly exercised, and the exercise price is paid. For additional details regarding the Warrant Distribution offering, see the Company's Registration Statement on Form S-3 (File No. 333-290763) filed with the SEC on October 8, 2025. The Company is still finalizing the accounting treatment for the Warrants. On October 1, 2025, the U.S. government shut down and certain regulatory agencies, such as the SEC, have had to furlough critical government employees and stop critical activities. If a prolonged government shutdown occurs, it could impact the Company's ability to access the public markets and obtain necessary capital in order to properly fund its operations.

PROPERTY AND EQUIPMENT, NET (Tables)

9 Months Ended

Sep. 30, 2025

Property, Plant and Equipment, Net [Abstract]

Property, Plant and Equipment

Property and equipment, net consist of the following (in thousands):


	September 30, 2025		December 31, 2024
Computer hardware and software, including internal-use software and website development	$	184,948	$	202,005


Furniture and equipment	1,456		4,098


Leasehold improvements	1,158		1,466

	187,562		207,569
Less: accumulated depreciation	(172,768)		(184,025)
Total property and equipment, net	$	14,794	$	23,544

Schedule of Capitalized Computer Software


	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Capitalized internal-use software and website development	$	1,797	$	3,505	$	4,744	$	11,465
Depreciation of internal-use software and website development	2,682		2,362		8,841		6,378

Schedule of Depreciation and Amortization by Operating Expense Category

Depreciation expense is classified within the corresponding operating expense categories on the consolidated statements of operations as follows (in thousands):


	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Cost of goods sold	$	1	$	104	$	90	$	300
Technology	3,607		3,908		11,857		11,355

General and administrative	73		95		240		306
Total depreciation	$	3,681	$	4,107	$	12,187	$	11,961

REVENUE AND CONTRACT LIABILITY

9 Months Ended

Sep. 30, 2025

Revenue from Contract with Customer [Abstract]

REVENUE AND CONTRACT LIABILITY

13. REVENUE AND CONTRACT LIABILITY

Unearned Revenue

The following table provides information about unearned revenue from contracts with customers, including significant changes in unearned revenue balances during the periods presented (in thousands):


	Amount
Unearned revenue at December 31, 2023	$	49,597
Increase due to deferral of revenue at period end, net	32,802
Decrease due to beginning contract liabilities recognized as revenue	(39,304)
Unearned revenue at December 31, 2024	43,095
Increase due to deferral of revenue at period end, net	25,415
Decrease due to beginning contract liabilities recognized as revenue	(32,690)
Unearned revenue at September 30, 2025	$	35,820

The Company's total unearned revenue related to outstanding loyalty program rewards was $4.9 million and $11.1 million at September 30, 2025 and December 31, 2024, respectively. Breakage income related to loyalty program rewards and gift cards is recognized in Net revenue in the consolidated statements of operations. Breakage included in revenue was $2.0 million and $1.1 million for the three months ended September 30, 2025 and 2024, respectively, and $9.7 million and $4.5 million for the nine months ended September 30, 2025 and 2024, respectively. The timing of revenue recognition of these reward dollars is driven by actual customer activities, such as redemptions and expirations. At September 30, 2025 and December 31, 2024, the Company had an additional $0 and $4.6 million, respectively, of unearned contract revenue classified within Other long-term liabilities on the consolidated balance sheets.

Sales returns allowance

The following table provides additions to and deductions from the sales returns allowance, which is included in the Accrued liabilities balance in the consolidated balance sheets (in thousands):


	Amount
Allowance for returns at December 31, 2023	$	8,651
Additions to the allowance	105,353
Deductions from the allowance	(104,478)
Allowance for returns at December 31, 2024	9,526
Additions to the allowance	67,891
Deductions from the allowance	(70,316)
Allowance for returns at September 30, 2025	$	7,101

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-7

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-9

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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-Name Accounting Standards Codification
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-Paragraph 12
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-13

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Topic 606
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+ Details

STOCK-BASED AWARDS - Restricted stock unit, PSU, and Performance Share Option Award Activity (Details) - Restricted stock units, PSUs, and Performance Share Option shares in Thousands	9 Months Ended
	Sep. 30, 2025 $ / shares shares
Units
Outstanding-beginning of year (in shares) \| shares	3,564
Granted at fair value (in shares) \| shares	2,581
Vested (in shares) \| shares	(341)
Forfeited (in shares) \| shares	(755)
Outstanding-end of period (in shares) \| shares	5,049
Weighted Average Grant Date Fair Value
Outstanding-beginning of year (in dollars per share) \| $ / shares	$ 20.98
Granted at fair value (in dollars per share) \| $ / shares	6.29
Vested (in dollars per share) \| $ / shares	24.55
Forfeited (in dollars per share) \| $ / shares	14.59
Outstanding-end of period (in dollars per share) \| $ / shares	$ 6.33

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Income Statement [Abstract]
Net revenue	$ 257,187	$ 311,428	$ 771,186	$ 1,091,813
Cost of goods sold	192,024	245,453	580,922	871,311
Gross profit	65,163	65,975	190,264	220,502
Operating expenses
Sales and marketing	36,126	51,859	105,625	186,055
Technology	20,645	27,673	70,584	84,596
General and administrative	11,971	17,571	40,373	56,556
Customer service and merchant fees	8,873	12,425	27,561	41,374
Other operating expense (income), net	0	1,648	(5,790)	(8,627)
Total operating expenses	77,615	111,176	238,353	359,954
Operating loss	(12,452)	(45,201)	(48,089)	(139,452)
Interest income, net	1,186	1,554	2,837	6,580
Other income (expense), net	6,978	(17,194)	(17,780)	(44,029)
Loss before income taxes	(4,288)	(60,841)	(63,032)	(176,901)
Provision for income taxes	233	189	714	635
Consolidated net loss	(4,521)	(61,030)	(63,746)	(177,536)
Less: Net loss attributable to noncontrolling interests	0	0	0	0
Net loss attributable to stockholders of Bed Bath & Beyond, Inc.	$ (4,521)	$ (61,030)	$ (63,746)	$ (177,536)
Net loss per share of common stock:
Basic (in dollars per share)	$ (0.07)	$ (1.33)	$ (1.11)	$ (3.88)
Diluted (in dollars per share)	$ (0.07)	$ (1.33)	$ (1.11)	$ (3.88)
Weighted average shares of common stock outstanding:
Basic (in shares)	60,333,000	45,771,000	57,190,000	45,700,000
Diluted (in shares)	60,333,000	45,771,000	57,190,000	45,700,000

BORROWINGS	9 Months Ended
BORROWINGS	Sep. 30, 2025
Debt Disclosure [Abstract]
BORROWINGS	7. BORROWINGS In October 2024, the Company entered into a Loan and Security Agreement (the "Loan Agreement") with BMO Bank N.A. (in such capacity, "BMO"), pursuant to which BMO agrees to lend the Company up to $25.0 million on a one-year revolving line of credit to aid the Company in securing strategic ventures. In connection with the Loan Agreement, BMO issued a revolving line of credit promissory note (the "Revolving Note") and granted a lien on the cash collateral account specified in the Loan Agreement (the "Cash Collateral Account"). The revolving line of credit bears interest on the unpaid principal balance at an annual rate equal to the Secured Overnight Financing Rate, or SOFR rate, for a one-month interest period plus 1.00%, established by the Federal Reserve Bank of New York. The Company is obligated to pay certain commitment fees on undrawn amounts under the Loan Agreement in amounts specified in the Loan Agreement. The Loan Agreement and Revolving Note was originally scheduled to terminate on October 18, 2025, and loans thereunder may be borrowed, repaid, and reborrowed up to such date. In September 2025, the Company and BMO extended the term of the Loan Agreement and Revolving Note for an additional year, which will now terminate in October 2026. As of September 30, 2025, the Company had $7.0 million of outstanding standby letter of credits under the Revolving Note. As of September 30, 2025, the outstanding balance on the line of credit was $18.0 million, net of $6,000 of capitalized debt issuance costs. The total outstanding debt on the line of credit is included in Short-term debt, net on the consolidated balance sheets. The Loan Agreement is subject to limited affirmative covenants and negative covenants, including the requirement that the Company maintain cash in the Cash Collateral Account in an amount that is three percent greater than BMO's aggregate commitments under the Loan Agreement. The Company is in compliance with its debt covenants and continues to monitor ongoing compliance with the debt covenants.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-8A

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
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-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
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-Name Accounting Standards Codification
-Section 50
-Paragraph 1
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
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-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
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-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Name Accounting Standards Codification
-Section 50
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Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
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-URI https://asc.fasb.org/470/tableOfContent

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482925/835-30-45-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Name Accounting Standards Codification
-Section 50
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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Reference 17: http://www.xbrl.org/2003/role/disclosureRef
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Reference 18: http://www.xbrl.org/2003/role/disclosureRef
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Reference 19: http://www.xbrl.org/2003/role/disclosureRef
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Reference 20: http://www.xbrl.org/2003/role/disclosureRef
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Reference 21: http://www.xbrl.org/2003/role/disclosureRef
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Reference 22: http://www.xbrl.org/2003/role/disclosureRef
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Reference 23: http://www.xbrl.org/2003/role/disclosureRef
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

+ Details

PROPERTY AND EQUIPMENT, NET - Capitalized Software & Website Development (Details) - Software Development - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Property, Plant and Equipment [Line Items]
Capitalized internal-use software and website development	$ 1,797	$ 3,505	$ 4,744	$ 11,465
Depreciation of internal-use software and website development	$ 2,682	$ 2,362	$ 8,841	$ 6,378

FAIR VALUE MEASUREMENT (Tables)

9 Months Ended

Sep. 30, 2025

Fair Value Disclosures [Abstract]

Fair Value Measurements, Recurring and Nonrecurring

The following tables summarize the Company's assets and liabilities measured at fair value on a recurring basis using the following levels of inputs (in thousands):


	Fair Value Measurements at September 30, 2025
	Total		Level 1		Level 2		Level 3
Assets:
Cash equivalents—Money market funds	$	22,492	$	22,492	$	—	$	—
Equity securities, at fair value	31,638		14,563		—		17,075
Available-for-sale debt securities (1)	13,989		—		—		13,989
Debt securities, at fair value (1)	11,736		—		—		11,736

Total assets	$	79,855	$	37,055	$	—	$	42,800
Liabilities:
Loan commitments, at fair value (2)	$	2,766	$	—	$	—	$	2,766

Total liabilities	$	2,766	$	—	$	—	$	2,766


	Fair Value Measurements at December 31, 2024
	Total		Level 1		Level 2		Level 3
Assets:
Cash equivalents—Money market funds	$	21,799	$	21,799	$	—	$	—
Equity securities, at fair value	21,640		—		—		21,640
Available-for-sale debt securities (1)	10,985		—		—		10,985
Debt securities, at fair value (1)	14,814		—		—		14,814

Total assets	$	69,238	$	21,799	$	—	$	47,439

___________________________________________

(1) Included in Other long-term assets, net in the consolidated balance sheets.

(2) Included in Other long-term liabilities in the consolidated balance sheets.

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

The following table provides activity for the Company's Level 3 investments (in thousands):


	Amount
Level 3 investments at December 31, 2023	$	51,530
Increase due to purchases of Level 3 investments	17,000
Decrease in fair value of Level 3 investments	(21,836)
Accrued interest on Level 3 investments	745
Level 3 investments at December 31, 2024	47,439
Increase due to purchases of Level 3 investments	9,804
Transfers out of Level 3 investments	(7,510)
Decrease in fair value of Level 3 investments	(6,842)
Accrued interest, net on Level 3 investments	(91)
Level 3 investments at September 30, 2025	$	42,800

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table provides activity for the Company's Level 3 liabilities (in thousands):


	Amount
Level 3 liabilities at December 31, 2024	$	—
Fair value of Level 3 liabilities assumed	2,766
Level 3 liabilities at September 30, 2025	$	2,766

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References + Details

NET LOSS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted net loss per common share for the periods indicated (in thousands, except per share data):


	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Numerator:










Net loss attributable to stockholders of Bed Bath & Beyond, Inc.	$	(4,521)	$	(61,030)	$	(63,746)	$	(177,536)

Denominator:
Weighted average shares of common stock outstanding—basic	60,333		45,771		57,190		45,700


Weighted average shares of common stock outstanding—diluted	60,333		45,771		57,190		45,700








Net loss per share of common stock:
Basic	$	(0.07)	$	(1.33)	$	(1.11)	$	(3.88)
Diluted	$	(0.07)	$	(1.33)	$	(1.11)	$	(3.88)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following shares were excluded from the calculation of diluted shares outstanding as their effect would have been anti-dilutive (in thousands):


	Three months ended September 30,		Nine months ended September 30,
	2025	2024	2025	2024
Restricted stock units, PSUs, and Performance Share Option	2,601	3,980	2,601	3,980
Employee Stock Purchase Plan	273	31	273	31

EQUITY SECURITIES (Tables)

9 Months Ended

Sep. 30, 2025

Investments, Debt and Equity Securities [Abstract]

Equity Securities

Equity securities consist of the following (in thousands):


	September 30, 2025		December 31, 2024
Equity securities accounted for under the equity method under ASC 323	$	46,987	$	56,546
Equity securities accounted for under the equity method under the fair value option	31,638		21,640

Total equity securities	$	78,625	$	78,186

Equity Securities Ownership Interest

The following table includes the Company's equity securities accounted for under the equity method and related ownership interest as of September 30, 2025:


			Ownership interest
Medici Ventures, L.P.			99%
tZERO Group, Inc.			28%

The Brand House Collective, Inc.			40%
Zulily Newco			25%

Equity Method Investments

The following table summarizes the net loss recognized on equity method securities recorded in Other income (expense), net in the consolidated statements of operations (in thousands):


	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Net loss recognized on our proportionate share of the net assets of our equity method securities	$	(565)	$	(6,371)	$	(9,559)	$	(23,859)
Increase (decrease) in fair value of equity method securities held under fair value option	7,570		(10,828)		(7,085)		(19,546)

NET LOSS PER SHARE - Antidilutive Securities (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Restricted stock units, PSUs, and Performance Share Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	2,601	3,980	2,601	3,980
Employee Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	273	31	273	31

REVENUE AND CONTRACT LIABILITY - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024	Dec. 31, 2024
Disaggregation of Revenue [Line Items]
Unearned revenue	$ 35,820		$ 35,820		$ 43,095
Gift card and club o rewards breakage	2,000	$ 1,100	9,700	$ 4,500
Unearned contract revenue	0		0		4,600
Club O Reward Points
Disaggregation of Revenue [Line Items]
Unearned revenue	$ 4,900		$ 4,900		$ 11,100

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-7

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 606
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Reference 4: http://www.xbrl.org/2003/role/exampleRef
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+ Details

BORROWINGS (Details) - BMO bank - Line of Credit - Revolving Credit Facility - USD ($)	1 Months Ended
	Oct. 31, 2024	Sep. 30, 2025
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 25,000,000
Debt instrument, term	1 year
Debt instrument, interest period	1 month
Debt instrument, basis spread on variable rate	1.00%
Letters of credit outstanding		$ 7,000,000
Line of credit outstanding		18,000,000
Debt issuance costs		$ 6,000

PROPERTY AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 187,562	$ 207,569
Less: accumulated depreciation	(172,768)	(184,025)
Total property and equipment, net	14,794	23,544
Computer hardware and software, including internal-use software and website development
Property, Plant and Equipment [Line Items]
Property and equipment, gross	184,948	202,005
Furniture and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,456	4,098
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,158	$ 1,466

BUSINESS SEGMENTS	9 Months Ended
BUSINESS SEGMENTS	Sep. 30, 2025
Segment Reporting [Abstract]
BUSINESS SEGMENTS	15. BUSINESS SEGMENTS Segment Operations: The Company currently has one reportable segment, which is its Retail business. The reportable segment is comprised of the Company's Overstock.com operating segment and its Bed Bath & Beyond operating segment, which are aggregated into a single reportable Retail segment due to their similar economic characteristics and business activities. The Bed Bath & Beyond operating segment includes results from its buybuy BABY brand, which are not material to the business. The reporting segment primarily derives revenues from e-commerce sales of home furnishing merchandise through the Company's suite of websites and mobile apps. The accounting policies of the Retail segment are the same as those described in the summary of significant accounting policies. The Chief Operating Decision Maker (CODM), who is the Company's Principal Executive Officer, makes resource allocation decisions based on reports that focus predominantly on Net Revenues, Gross Profit, Sales and Marketing as a percentage of Gross Profit, Technology, and General & Administrative expenses as a percentage of Gross Profit, as well as Operating Income (Loss) measured under GAAP, as reported on the Consolidated Statement of Operations. The CODM also receives the Consolidated Cash and Cash Equivalents balance as a measure of liquidity as reported on the Consolidated Balance Sheet. The CODM uses Operating Income (Loss) to evaluate income generated from segment resources in deciding whether to reinvest profits into the retail segment or into other parts of the entity, such as to make acquisitions or investments. The CODM also uses Operating Income (Loss) to monitor budget versus actual results. The monitoring of budgeted versus actual results is used in assessing performance of the segment and in establishing bonus metrics. Cost of Goods Sold, Sales & Marketing, Technology, General & Administrative, and Customer Service and Merchant Fees, as reported on the Consolidated Statement of Operations, are significant expenses evaluated by the Company's CODM. The measure of segments assets is reported on the Consolidated Balance Sheet as Cash and Cash Equivalents.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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+ Details

REVENUE AND CONTRACT LIABILITY - Deferred Revenue (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2025	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
Beginning balance	$ 43,095	$ 49,597
Increase due to deferral of revenue at period end, net	25,415	32,802
Decrease due to beginning contract liabilities recognized as revenue	(32,690)	(39,304)
Ending balance	$ 35,820	$ 43,095

DESCRIPTION OF BUSINESS	9 Months Ended
DESCRIPTION OF BUSINESS	Sep. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF BUSINESS	1. DESCRIPTION OF BUSINESS Bed Bath & Beyond, Inc. is an ecommerce-focused retailer with an affinity model that owns or has ownership interests in various retail brands, offering a comprehensive array of products and services that enable its customers to enhance everyday life through quality, style, and value. The Company currently owns Bed Bath & Beyond, Overstock, buybuy BABY, and other related brands and websites as well as a blockchain asset portfolio, inclusive of tZERO, GrainChain, and other assets. In August 2025, the Company changed its corporate name from Beyond, Inc. to Bed Bath & Beyond, Inc. and changed its ticker symbol from "BYON" to "BBBY". The Company's common stock ceased trading under the ticker symbol "BYON" at the close of market August 28, 2025, and on August 29, 2025, its common stock began trading under the ticker symbol "BBBY" on the New York Stock Exchange. The Company will not distinguish between its prior and current corporate name and will refer to its current corporate name throughout this Quarterly Report on Form 10-Q. As used herein, "Bed Bath & Beyond," "the Company," "we," "our" and similar terms include Bed Bath & Beyond, Inc. and its controlled subsidiaries, unless the context indicates otherwise.

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2025
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

BUSINESS SEGMENTS (Details)	9 Months Ended
BUSINESS SEGMENTS (Details)	Sep. 30, 2025 segment
Segment Reporting [Abstract]
Number of reportable segments	1