Best Buy income statement
In fiscal 2026, Best Buy reported revenue of $41.69bn, up 0.4% on the year before, operating income of $1.39bn (a 3.3% margin) and net income of $1.07bn, or $5.04 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Feb 2009 | 2011Feb 2010 | 2012Jan 2012 | 2013Feb 2013 | 2014Feb 2014 | 2015Jan 2015 | 2016Jan 2016 | 2017Jan 2017 | 2018Feb 2018 | 2019Feb 2019 | 2020Feb 2020 | 2021Jan 2021 | 2022Jan 2022 | 2023Jan 2023 | 2024Feb 2024 | 2025Feb 2025 | 2026Jan 2026 | LTMAug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 45.0 | 49.2 | 41.3 | 38.3 | 40.6 | 40.3 | 39.5 | 39.4 | 42.2 | 42.9 | 43.6 | 47.3 | 51.8 | 46.3 | 43.5 | 41.5 | 41.7 | 42.2 |
| Cost of revenue | — | — | — | — | — | — | — | 30.0 | 32.3 | 32.9 | 33.6 | 36.7 | 40.1 | 36.4 | 33.8 | 32.1 | 32.3 | 32.6 |
| Gross profit | 11.0 | 12.0 | 9.9 | 9.0 | 9.4 | 9.0 | 9.2 | 9.4 | 9.9 | 10.0 | 10.0 | 10.6 | 11.6 | 9.9 | 9.6 | 9.4 | 9.4 | 9.6 |
| Selling, general and administrative | 9.0 | 9.6 | 8.0 | 7.9 | 8.1 | 7.6 | 7.6 | 7.5 | 8.0 | 8.0 | 8.0 | 7.9 | 8.6 | 8.0 | 7.9 | 7.7 | 7.6 | 7.7 |
| Operating income | 1.9 | 2.4 | 1.9 | 0.1 | 1.1 | 1.5 | 1.4 | 1.9 | 1.8 | 1.9 | 2.0 | 2.4 | 3.0 | 1.8 | 1.6 | 1.3 | 1.4 | 1.7 |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 |
| Income before tax | 1.7 | 2.3 | 1.9 | 0.0 | 1.1 | 1.4 | 1.3 | 1.8 | 1.8 | 1.9 | 2.0 | 2.4 | 3.0 | 1.8 | 1.6 | 1.3 | 1.4 | 1.7 |
| Income tax | 0.7 | 0.8 | 0.7 | 0.3 | 0.4 | 0.1 | 0.5 | 0.6 | 0.8 | 0.4 | 0.5 | 0.6 | 0.6 | 0.4 | 0.4 | 0.4 | 0.3 | 0.5 |
| Net income | 1.0 | 1.3 | −1.4 | −0.4 | 0.5 | 1.2 | 0.9 | 1.2 | 1.0 | 1.5 | 1.5 | 1.8 | 2.5 | 1.4 | 1.2 | 0.9 | 1.1 | 1.3 |
| Diluted EPS | $2.39 | $3.10 | −$3.72 | −$1.30 | $1.53 | $3.49 | $2.56 | $3.81 | $3.26 | $5.20 | $5.75 | $6.84 | $9.84 | $6.29 | $5.68 | $4.28 | $5.04 | $6.00 |
| Diluted shares (average) | 423m | 428m | 382m | 339m | 348m | 354m | 351m | 323m | 307m | 281m | 268m | 263m | 249m | 226m | 219m | 217m | 212m | 212m |
| EBITDA | 2.6 | 3.2 | 2.7 | 0.9 | 1.8 | 2.1 | 2.0 | 2.5 | 2.5 | 2.7 | 2.8 | 3.2 | 3.9 | 2.7 | 2.5 | 2.1 | 2.2 | 2.5 |
| Quarter | 2025 Q3Nov 2024 | 2025 Q4Feb 2025 | 2026 Q1May 2025 | 2026 Q2Aug 2025 | 2026 Q3Nov 2025 | 2026 Q4Jan 2026 | 2027 Q1May 2026 | 2027 Q2Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.4 | 13.9 | 8.8 | 9.4 | 9.7 | 13.8 | 8.9 | 9.8 |
| Cost of revenue | 7.2 | 11.0 | 6.7 | 7.2 | 7.4 | 10.9 | 6.8 | 7.4 |
| Gross profit | 2.2 | 2.9 | 2.0 | 2.2 | 2.2 | 2.9 | 2.1 | 2.3 |
| Selling, general and administrative | 1.9 | 2.2 | 1.7 | 1.8 | 1.9 | 2.2 | 1.7 | 1.9 |
| Operating income | 0.4 | 0.2 | 0.2 | 0.3 | 0.2 | 0.7 | 0.4 | 0.4 |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Income before tax | 0.4 | 0.2 | 0.2 | 0.3 | 0.2 | 0.7 | 0.4 | 0.4 |
| Income tax | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 |
| Net income | 0.3 | 0.1 | 0.2 | 0.2 | 0.1 | 0.5 | 0.3 | 0.3 |
| Diluted EPS | $1.26 | $0.55 | $0.95 | $0.87 | $0.66 | $2.56 | $1.31 | $1.48 |
| EBITDA | 0.6 | 0.4 | 0.4 | 0.5 | 0.4 | 0.9 | 0.6 | 0.6 |
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