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

Best Buy has disclosed Gross Margin across 18 years of filings, most recently posting 23.52% for Q2 2026.

• In Q2 2026, Gross Margin rose 15.0% year-over-year to 23.52%; the TTM figure through May 2026 stood at 22.52% (down 9.0% YoY), while the FY2026 annual figure was 22.48%, down 12.0% from the prior year.
• Gross Margin grew to 23.52% in Q2 2026, from 20.86% in the prior quarter.
• Over the last five years, Gross Margin for BBY reached as high as 23.54% in Q3 2024 and fell as low as 19.95% in Q1 2023.
• The 5-year median for Gross Margin is 22.79% (2023), against an average of 22.29%.
• Annual changes were most pronounced in 2022 — Gross Margin tumbled 157 bps — and 2023, when it surged 102 bps.
• A 5-year view of Gross Margin shows it stood at 22.03% in 2022, then advanced by 4 bps to 22.88% in 2023, then grew by 3 bps to 23.47% in 2024, then fell by 1 bps to 23.24% in 2025, then rose by 1 bps to 23.52% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 23.52%, 20.86%, and 23.24% for Q2 2026, Q1 2026, and Q4 2025 respectively.