Best Buy (BBY) Net Margin (2009 - 2026)
Best Buy's (BBY) quarterly Net Margin came in at 3.21% in Q3 2026, up 125.0% year-over-year from 1.43% in Q3 2025, and up 3.96% quarter-over-quarter from 3.09% in Q2 2026.
Analysis
Best Buy (BBY) Net Margin (2009 - 2026) Analysis & Trends
Best Buy (BBY) has reported Net Margin for 18 consecutive years, with 3.21% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Net Margin rose 125.0% year-over-year to 3.21% in Q3 2026; TTM through Aug 2026 was 3.01%, a 114.0% increase from a year earlier, with the FY2026 full-year figure at 2.56%, up 34.0% from the prior year.
- Net Margin was 3.21% for Q3 2026 at Best Buy, up from 3.09% in the prior quarter.
- Over five years, Net Margin peaked at 3.89% in Q1 2026 and troughed at 0.84% in Q1 2025.
- A 5-year average of 2.76% and a median of 2.87% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin tumbled 317 bps in 2022 and jumped 306 bps in 2026, its largest moves.
- Over 5 years, Net Margin stood at 2.6% in 2022, then advanced by 3 bps to 2.69% in 2023, then grew by 7 bps to 2.87% in 2024, then tumbled by 49 bps to 1.46% in 2025, then jumped by 120 bps to 3.21% in 2026.
- The last three Net Margin figures came in at 3.21% (Q3 2026), 3.09% (Q2 2026), and 3.89% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ulta Beauty | 23.29 Bn | 23.08 Bn | 1.19 Bn | 9.36% |
| 2 | Best Buy | 18.60 Bn | 16.35 Bn | 2.34 Bn | 3.21% |
| 3 | Dick'S Sporting Goods | 11.90 Bn | 10.99 Bn | 1.94 Bn | 5.65% |
| 4 | Signet Jewelers | 4.10 Bn | 3.50 Bn | 556.50 Mn | 2.04% |
| 5 | Academy Sports & Outdoors | 3.27 Bn | 2.93 Bn | 479.35 Mn | 3.65% |
| 6 | National Vision Holdings | 1.36 Bn | 1.32 Bn | 290.43 Mn | 2.49% |
| 7 | Gold.com | 1.36 Bn | 778.11 Mn | 176.58 Mn | 0.62% |
| 8 | GameStop | 1.27 Bn | -7.10 Bn | 340.30 Mn | 46.64% |
| 9 | Winmark | 1.11 Bn | 1.09 Bn | 21.15 Mn | 47.32% |
| 10 | Barnes & Noble Education | 371.22 Mn | 363.41 Mn | 57.05 Mn | -4.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 3.21% |
| 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 | 3.31% |
| Oct 29, 2022 | 2.60% |
| Jul 30, 2022 | 2.99% |
| Apr 30, 2022 | 3.20% |
| Jan 29, 2022 | 3.46% |
| Oct 30, 2021 | 4.18% |