Best BuyBBYEarnings & Financial Report
Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983.
Revenue
$9.3B
Gross Profit
$2.2B
Operating Profit
$383.0M
Net Profit
$291.0M
Gross Margin
23.5%
Operating Margin
4.1%
Net Margin
3.1%
YoY Growth
-4.8%
EPS
$1.34
Best Buy Q2 FY2025 Financial Summary
Best Buy reported revenue of $9.3B (down 4.8% YoY) for Q2 FY2025, with a net profit of $291.0M (up 10.6% YoY) (3.1% margin). Cost of goods sold was $7.1B, operating expenses totaled $1.8B.
Key Financial Metrics
| Total Revenue | $9.3B |
|---|---|
| Net Profit | $291.0M |
| Gross Margin | 23.5% |
| Operating Margin | 4.1% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Best Buy Q2 FY2025 revenue of $9.3B breaks down across 7 segments, led by Computing And Mobile Phones at $3.8B (40.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Computing And Mobile Phones | $3.8B | 40.8% |
| Consumer Electronics | $2.5B | 26.7% |
| Appliances | $1.2B | 12.7% |
| Other | $665.0M | 7.2% |
| Services | $590.0M | 6.4% |
| Entertainment | $498.0M | 5.4% |
| Other Segment | $88.0M | 0.9% |
Best Buy Revenue by Segment — Quarterly Trend
Best Buy revenue by segment across the last 4 reported quarters, showing how each business line (such as Computing And Mobile Phones and Consumer Electronics) has evolved quarter over quarter.
| Segment | Q4 FY2027 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 |
|---|---|---|---|---|
| Computing And Mobile Phones | — | $4.4B | $3.9B | $3.8B |
| Consumer Electronics | — | $2.4B | $2.4B | $2.2B |
| Appliances | — | $965.0M | $1.1B | $1.0B |
| Other | — | $794.0M | $740.0M | $640.0M |
| Services | — | $591.0M | $581.0M | $579.0M |
Best Buy Annual Revenue by Year
Best Buy annual revenue history includes year-by-year totals (for example, 2025 revenue was $41.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $41.5B |
| 2024 | $43.5B |
Best Buy Quarterly Revenue & Net Profit History
Best Buy results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2027 | $13.8B | -1.0% | $541.0M | 3.9% |
| Q3 FY2026 | $9.7B | +2.4% | $140.0M | 1.4% |
| Q2 FY2026 | $9.4B | +1.6% | $186.0M | 2.0% |
| Q1 FY2026 | $8.8B | -0.9% | $202.0M | 2.3% |
| Q4 FY2025 | $13.9B | -4.8% | $117.0M | 0.8% |
| Q3 FY2025 | $9.4B | +0.0% | $273.0M | 2.9% |
| Q2 FY2025 | $9.3B | -4.8% | $291.0M | 3.1% |
| Q1 FY2025 | $8.8B | -7.7% | $246.0M | 2.8% |
Income Statement
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.85B | $9.29B | $9.45B | $13.95B | $8.77B | $9.44B | $9.67B | $13.81B |
| YoY Growth | -7.7% | -4.8% | 0.0% | -4.8% | -0.9% | 1.6% | 2.4% | -1.0% |
Balance Sheet
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2027 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $14.75B | $15.62B | $17.02B | $14.78B | $14.13B | $15.25B | $16.79B | $14.67B |
| Liabilities | $11.67B | $12.52B | $13.94B | N/A | N/A | N/A | N/A | $11.71B |
| Equity | $3.08B | $3.11B | $3.08B | $2.81B | $2.76B | $2.72B | $2.65B | $2.96B |
Cash Flow
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $156.0M | $661.0M | $-256.0M | $1.54B | $34.0M | $749.0M | $-99.0M |