Best Buy (BBY) Gross Margin (2009 - 2026)
Best Buy (BBY) reported Gross Margin of 23.91% for fiscal Q2 2027 (quarter ended Aug 1, 2026), up 0.66 percentage points from 23.25% a year earlier and up 0.39 percentage points from the prior quarter.
Best Buy (BBY) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 1, 2026, Best Buy's Gross Margin came in at 22.68%, up 0.13 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 22.48%, down 0.12 percentage points from FY2025.
- Gross Margin has a five-year change of +0.11 percentage points (FY2021 to FY2026).
- By fiscal year, Gross Margin came in at 22.60% in FY2025 (+0.50 pp), 22.10% in FY2024 (+0.69 pp), 21.41% in FY2023 (-1.08 pp) and 22.49% in FY2022 (+0.12 pp).
- The fiscal Q2 2027 figure ranks as the highest quarterly Gross Margin since fiscal Q3 2020.
- Year over year, Gross Margin gained in five of the last eight quarters, with an average year-over-year change of +0.16 percentage points.
- The high point for year-over-year Gross Margin in five years was fiscal Q2 2024 (a gain of 1.02 percentage points); the low point was fiscal Q2 2023 (a drop of 1.57 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 23.52% (Q1 2027), 20.86% (Q4 2026) and 23.24% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,691.65 Bn | 2,208.35 Bn | 104.83 Bn | 52.26% |
| 2 | Home Depot | 325.36 Bn | 318.60 Bn | 16.12 Bn | 33.67% |
| 3 | Tjx Companies | 162.54 Bn | 140.09 Bn | 5.07 Bn | 33.41% |
| 4 | Lowes Companies | 114.04 Bn | 107.00 Bn | 8.58 Bn | 33.04% |
| 5 | O Reilly Automotive | 75.74 Bn | 74.83 Bn | 2.52 Bn | 51.45% |
| 6 | Ross Stores | 75.07 Bn | 57.99 Bn | 2.12 Bn | 33.83% |
| 7 | Target | 71.70 Bn | 66.28 Bn | 8.94 Bn | 33.67% |
| 8 | Autozone | 53.85 Bn | 52.75 Bn | 2.52 Bn | 52.15% |
| 9 | Carvana | 42.25 Bn | 32.75 Bn | 1.38 Bn | 18.76% |
| 10 | Best Buy | 21.06 Bn | 14.39 Bn | 2.34 Bn | 23.91% |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 23.91% |
| May 2, 2026 | 23.52% |
| Jan 31, 2026 | 20.86% |
| Nov 1, 2025 | 23.24% |
| Aug 2, 2025 | 23.25% |
| May 3, 2025 | 23.37% |
| Feb 1, 2025 | 20.92% |
| Nov 2, 2024 | 23.47% |
| Aug 3, 2024 | 23.54% |
| May 4, 2024 | 23.33% |
| Feb 3, 2024 | 20.49% |
| Oct 28, 2023 | 22.88% |
| Jul 29, 2023 | 23.17% |
| Apr 29, 2023 | 22.71% |
| Jan 28, 2023 | 19.95% |
| Oct 29, 2022 | 22.03% |
| Jul 30, 2022 | 22.14% |
| Apr 30, 2022 | 22.10% |
| Jan 29, 2022 | 20.24% |
| Oct 30, 2021 | 23.53% |
Best Buy Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BBY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BBY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BBY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();