Best Buy Co., Inc. (BBY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 8.94B | 13.81B | 9.67B | 9.44B | 8.77B | 13.95B | 9.45B | 9.29B | 8.85B | 14.65B | 9.76B | 9.58B | 9.47B | 14.73B | 10.59B | 10.33B | 10.65B | 16.36B | 11.91B | 11.85B |
| Revenue Growth % | 1.93% | -0.96% | 2.4% | 1.62% | -0.9% | -4.77% | -3.19% | -3.08% | -6.55% | -0.6% | -7.85% | -7.22% | -11.08% | -9.96% | -11.11% | -12.83% | -8.51% | -3.38% | 0.48% | 19.57% |
| Cost of Goods Sold | 6.84B | 10.93B | 7.42B | 7.25B | 6.72B | 11.03B | 7.23B | 7.1B | 6.78B | 11.64B | 7.52B | 7.36B | 7.32B | 11.79B | 8.26B | 8.04B | 8.29B | 13.05B | 9.11B | 9.04B |
| COGS % of Revenue | 76.5% | 79.14% | 76.76% | 76.8% | 76.63% | 79.08% | 76.53% | 76.46% | 76.67% | 79.51% | 77.12% | 76.83% | 77.29% | 80.05% | 77.97% | 77.86% | 77.9% | 79.76% | 76.47% | 76.28% |
| Gross Profit | 2.1B | 2.88B | 2.25B | 2.19B | 2.05B | 2.92B | 2.22B | 2.19B | 2.06B | 3B | 2.23B | 2.22B | 2.15B | 2.92B | 2.31B | 2.27B | 2.35B | 3.31B | 2.8B | 2.81B |
| Gross Margin % | 23.5% | 20.86% | 23.24% | 23.2% | 23.37% | 20.92% | 23.47% | 23.54% | 23.33% | 20.49% | 22.88% | 23.17% | 22.71% | 19.81% | 21.83% | 21.93% | 22.1% | 20.24% | 23.53% | 23.72% |
| Gross Profit Growth % | 2.49% | -1.23% | 1.4% | 0.18% | -0.73% | -2.77% | -0.67% | -1.53% | -4% | 2.81% | -3.42% | -1.99% | -8.63% | -11.89% | -17.52% | -19.39% | -12.5% | -6.49% | 0.25% | 23.79% |
| Operating Expenses | 1.74B | 2.57B | 1.86B | 1.82B | 1.72B | 2.7B | 1.87B | 1.8B | 1.73B | 2.44B | 1.88B | 1.87B | 1.84B | 2.24B | 1.92B | 1.86B | 1.89B | 2.51B | 2.13B | 2.01B |
| OpEx % of Revenue | 19.46% | 18.61% | 19.26% | 19.34% | 19.57% | 19.36% | 19.77% | 19.41% | 19.57% | 16.66% | 19.25% | 19.53% | 19.43% | 15.17% | 18.14% | 18.01% | 17.76% | 15.34% | 17.9% | 16.99% |
| Selling, General & Admin | 1.74B | 2.19B | 1.86B | 1.83B | 1.72B | 2.23B | 1.87B | 1.81B | 1.74B | 2.27B | 1.88B | 1.88B | 1.85B | 2.24B | 1.92B | 1.86B | 1.89B | 2.5B | 2.13B | 2.01B |
| SG&A % of Revenue | 19.46% | 15.85% | 19.23% | 19.38% | 19.63% | 16.01% | 19.81% | 19.49% | 19.63% | 15.51% | 19.25% | 19.61% | 19.52% | 15.17% | 18.14% | 18.01% | 17.75% | 15.31% | 17.91% | 16.96% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | -1000K | 0 | 1000K | -1000K | -1000K | 0 | 1000K | 0 | -1000K | -1000K | 0 | 0 | 0 | 1000K | 1000K | -1000K | 1000K |
| Operating Income | 361M | 311M | 385M | 365M | 328M | 217M | 350M | 376M | 327M | 561M | 354M | 341M | 302M | 683M | 391M | 405M | 462M | 814M | 669M | 801M |
| Operating Margin % | 4.04% | 2.25% | 3.98% | 3.87% | 3.74% | 1.56% | 3.71% | 4.05% | 3.7% | 3.83% | 3.63% | 3.56% | 3.19% | 4.64% | 3.69% | 3.92% | 4.34% | 4.97% | 5.62% | 6.76% |
| Operating Income Growth % | 10.06% | 43.32% | 10% | -2.93% | 0.31% | -61.32% | -1.13% | 10.26% | 8.28% | -17.86% | -9.46% | -15.8% | -34.63% | -16.09% | -41.55% | -49.44% | -35.92% | -21.2% | 19.25% | 41.02% |
| EBITDA | 555M | 522M | 217M | 576M | 539M | 433M | 563M | 594M | 546M | 782M | 583M | 577M | 539M | 922M | 617M | 634M | 686M | 1.04B | 883M | 1.01B |
| EBITDA Margin % | 6.21% | 3.78% | 2.24% | 6.1% | 6.15% | 3.1% | 5.96% | 6.4% | 6.17% | 5.34% | 5.98% | 6.02% | 5.69% | 6.26% | 5.83% | 6.14% | 6.44% | 6.35% | 7.41% | 8.57% |
| EBITDA Growth % | 2.97% | 20.55% | -61.46% | -3.03% | -1.28% | -44.63% | -3.43% | 2.95% | 1.3% | -15.18% | -5.51% | -8.99% | -21.43% | -11.26% | -30.12% | -37.54% | -26.79% | -16.48% | 13.94% | 30.97% |
| D&A (Non-Cash Add-back) | 194M | 211M | 0 | 211M | 211M | 216M | 213M | 218M | 219M | 221M | 229M | 236M | 237M | 239M | 226M | 229M | 224M | 225M | 214M | 214M |
| EBIT | 361M | 737M | 217M | 265M | 234M | 236M | 369M | 404M | 337M | 598M | 362M | 381M | 332M | 623M | 369M | 374M | 457M | 806M | 671M | 800M |
| Net Interest Income | 8M | 2M | 7M | -36M | -12M | -13M | -13M | -13M | -12M | -14M | -14M | -12M | -12M | -12M | -10M | -7M | -6M | -6M | -7M | -6M |
| Interest Income | 19M | 15M | 19M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 11M | 13M | 12M | 36M | 12M | 13M | 13M | 13M | 12M | 14M | 14M | 12M | 12M | 12M | 10M | 7M | 6M | 6M | 7M | 6M |
| Other Income/Expense | 17M | 414M | -181M | -111M | -107M | 6M | 8M | 16M | -1M | 23M | -5M | 29M | 17M | -70M | -30M | -41M | -11M | -16M | -4M | -3M |
| Pretax Income | 378M | 724M | 204M | 254M | 221M | 223M | 358M | 392M | 326M | 584M | 349M | 370M | 319M | 613M | 361M | 364M | 451M | 798M | 665M | 798M |
| Pretax Margin % | 4.23% | 5.24% | 2.11% | 2.69% | 2.52% | 1.6% | 3.79% | 4.22% | 3.68% | 3.99% | 3.58% | 3.86% | 3.37% | 4.16% | 3.41% | 3.52% | 4.24% | 4.88% | 5.58% | 6.73% |
| Income Tax | 102M | 183M | 64M | 68M | 19M | 106M | 85M | 101M | 80M | 124M | 86M | 96M | 75M | 118M | 84M | 58M | 110M | 172M | 166M | 64M |
| Effective Tax Rate % | 26.98% | 25.28% | 31.37% | 26.77% | 8.6% | 47.53% | 23.74% | 25.77% | 24.54% | 21.23% | 24.64% | 25.95% | 23.51% | 19.25% | 23.27% | 15.93% | 24.39% | 21.55% | 24.96% | 8.02% |
| Net Income | 276M | 541M | 140M | 186M | 202M | 117M | 273M | 291M | 246M | 460M | 263M | 274M | 244M | 495M | 277M | 306M | 341M | 626M | 499M | 734M |
| Net Margin % | 3.09% | 3.92% | 1.45% | 1.97% | 2.3% | 0.84% | 2.89% | 3.13% | 2.78% | 3.14% | 2.7% | 2.86% | 2.58% | 3.36% | 2.62% | 2.96% | 3.2% | 3.83% | 4.19% | 6.19% |
| Net Income Growth % | 36.63% | 362.39% | -48.72% | -36.08% | -17.89% | -74.57% | 3.8% | 6.2% | 0.82% | -7.07% | -5.05% | -10.46% | -28.45% | -20.93% | -44.49% | -58.31% | -42.69% | -23.28% | 27.62% | 69.91% |
| Net Income (Continuing) | 276M | 541M | 140M | 186M | 202M | 117M | 273M | 291M | 246M | 460M | 263M | 274M | 244M | 495M | 277M | 306M | 341M | 626M | 499M | 734M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.31 | 2.56 | 0.66 | 0.88 | 0.95 | 0.54 | 1.26 | 1.34 | 1.13 | 2.12 | 1.21 | 1.25 | 1.11 | 2.23 | 1.22 | 1.35 | 1.49 | 2.62 | 2.00 | 2.90 |
| EPS Growth % | 37.89% | 374.07% | -47.62% | -34.33% | -15.93% | -74.53% | 4.13% | 7.2% | 1.8% | -4.93% | -0.82% | -7.41% | -25.5% | -14.89% | -39% | -53.45% | -35.78% | -15.48% | 35.14% | 75.76% |
| EPS (Basic) | 1.31 | 2.56 | 0.66 | 0.88 | 0.95 | 0.55 | 1.27 | 1.35 | 1.14 | 2.13 | 1.21 | 1.25 | 1.11 | 2.24 | 1.23 | 1.36 | 1.50 | 2.65 | 2.02 | 2.93 |
| Diluted Shares Outstanding | 211.3M | 212.1M | 212.1M | 212.5M | 213M | 215.4M | 216.7M | 217.1M | 217.2M | 216.8M | 218.3M | 219M | 219.9M | 221.8M | 226.2M | 226.1M | 228.4M | 239M | 249.1M | 252.8M |
| Basic Shares Outstanding | 210.4M | 211M | 210.7M | 211.8M | 212M | 213.6M | 214.8M | 216M | 216.2M | 215.9M | 217.8M | 218.6M | 218.9M | 220.9M | 225.5M | 225.4M | 226.8M | 236.6M | 246.4M | 250.2M |
| Dividend Payout Ratio | 73.19% | 36.78% | 142.14% | 108.06% | 100% | 170.94% | 73.99% | 69.76% | 82.11% | 43.04% | 76.43% | 72.99% | 82.79% | 39.19% | 71.48% | 64.71% | 58.36% | 26.52% | 34.47% | 23.84% |