Best Buy (BBY) Net Margin (2009 - 2026)
Best Buy's (BBY) quarterly Net Margin came in at 3.09% in Q2 2026, up 77.0% year-on-year from 1.74% in Q2 2025, and down 20.69% on a QoQ basis from 3.89% in Q1 2026.
Best Buy (BBY) Net Margin (2009 - 2026) Analysis & Trends
Best Buy (BBY) has 18 years of Net Margin data on file, last reported at 3.09% in Q2 2026.
- On a quarterly basis, Net Margin rose 77.0% year-over-year to 3.09% in Q2 2026; TTM through May 2026 was 2.72%, a 60.0% increase from a year earlier, with the FY2026 full-year figure at 2.56%, up 34.0% from the prior year.
- Net Margin for Q2 2026 stood at 3.09%, down from 3.89% in the prior quarter.
- Over the last five years, Net Margin for BBY reached as high as 5.95% in Q1 2023 and fell as low as 0.84% in Q1 2025.
- Historically, Net Margin has averaged 2.78% across 5 years, with a median of 2.81% in 2024.
- Across the five-year window, Net Margin plunged 317 bps in 2022 and surged 423 bps in 2023, its largest moves.
- Year by year, Net Margin stood at 2.6% in 2022, then rose by 3 bps to 2.69% in 2023, then advanced by 7 bps to 2.87% in 2024, then tumbled by 49 bps to 1.46% in 2025, then surged by 112 bps to 3.09% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 3.09% in Q2 2026, 3.89% in Q1 2026, and 1.46% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 3.56% |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 15.61% |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 9.15% |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 3.09% |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 2.06% |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | -2.26% |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 4.58% |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 13.78% |
| 10 | Murphy USA | 11.42 Bn | 11.30 Bn | -3.64 Bn | 24.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 3.09% |
| Jan 31, 2026 | 3.89% |
| Nov 1, 2025 | 1.46% |
| Aug 2, 2025 | 1.96% |
| May 3, 2025 | 2.32% |
| Feb 1, 2025 | 0.84% |
| Nov 2, 2024 | 2.87% |
| Aug 3, 2024 | 3.12% |
| May 4, 2024 | 2.77% |
| Feb 3, 2024 | 3.14% |
| Oct 28, 2023 | 2.69% |
| Jul 29, 2023 | 2.85% |
| Apr 29, 2023 | 2.59% |
| Jan 28, 2023 | 5.95% |
| Oct 29, 2022 | 2.60% |
| Jul 30, 2022 | 2.99% |
| Apr 30, 2022 | 3.20% |
| Jan 29, 2022 | 1.72% |
| Oct 30, 2021 | 4.18% |
| Jul 31, 2021 | 6.16% |