Best Buy (BBY) Gross Margin (2009 - 2026)

Best Buy (BBY) has reported Gross Margin for 18 consecutive years, with 23.91% the latest figure, recorded in Q3 2026.

• On a quarterly basis, Gross Margin rose 66.0% year-over-year to 23.91% in Q3 2026; TTM through Aug 2026 was 22.68%, a 13.0% increase from a year earlier, with the FY2026 full-year figure at 22.48%, down 12.0% from the prior year.
• Gross Margin was 23.91% for Q3 2026 at Best Buy, up from 23.52% in the prior quarter.
• Over five years, Gross Margin peaked at 23.91% in Q3 2026 and troughed at 19.95% in Q1 2023.
• A 5-year average of 22.37% and a median of 22.88% in 2023 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin slumped 157 bps in 2022 and jumped 102 bps in 2023, its largest moves.
• Over 5 years, Gross Margin stood at 22.03% in 2022, then gained by 4 bps to 22.88% in 2023, then climbed by 3 bps to 23.47% in 2024, then declined by 1 bps to 23.24% in 2025, then increased by 3 bps to 23.91% in 2026.
• The last three Gross Margin figures came in at 23.91% (Q3 2026), 23.52% (Q2 2026), and 20.86% (Q1 2026), per Business Quant data.