KPIs & Operating Metrics(New)
Growth Metrics

Best Buy (BBY) Gross Margin (2016 - 2026)

Best Buy (BBY) has disclosed Gross Margin for 18 consecutive years, with 20.86% as the latest value for Q1 2026.

  • Quarterly Gross Margin fell 6.0% to 20.86% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 22.48% through Jan 2026, down 12.0% year-over-year, with the annual reading at 22.48% for FY2026, 12.0% down from the prior year.
  • Gross Margin for Q1 2026 was 20.86% at Best Buy, down from 23.24% in the prior quarter.
  • The five-year high for Gross Margin was 23.54% in Q3 2024, with the low at 19.95% in Q1 2023.
  • Average Gross Margin over 5 years is 22.22%, with a median of 22.71% recorded in 2023.
  • The sharpest move saw Gross Margin crashed -157bps in 2022, then soared 102bps in 2023.
  • Over 5 years, Gross Margin stood at 22.03% in 2022, then grew by 4bps to 22.88% in 2023, then rose by 3bps to 23.47% in 2024, then decreased by -1bps to 23.24% in 2025, then dropped by -10bps to 20.86% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods came in at 20.86%, 23.24%, and 23.25% for Q1 2026, Q4 2025, and Q3 2025 respectively.