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

Best Buy (BBY) has 18 years of Gross Margin data on file, last reported at 23.52% in Q2 2026.

• On a quarterly basis, Gross Margin rose 15.0% year-over-year to 23.52% in Q2 2026; TTM through May 2026 was 22.52%, a 9.0% decrease from a year earlier, with the FY2026 full-year figure at 22.48%, down 12.0% from the prior year.
• Gross Margin for Q2 2026 stood at 23.52%, up 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.
• Historically, Gross Margin has averaged 22.29% across 5 years, with a median of 22.79% in 2023.
• Across the five-year window, Gross Margin tumbled 157 bps in 2022 and soared 102 bps in 2023, its largest moves.
• Year by year, Gross Margin stood at 22.03% in 2022, then increased by 4 bps to 22.88% in 2023, then gained by 3 bps to 23.47% in 2024, then slipped by 1 bps to 23.24% in 2025, then climbed by 1 bps to 23.52% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 23.52% in Q2 2026, 20.86% in Q1 2026, and 23.24% in Q4 2025.