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

Best Buy (BBY) reported Net Margin of 3.89% for Q1 2026, up 306.0% year-over-year from 0.96% in Q1 2025, and up 167.15% quarter-over-quarter from 1.46% in Q4 2025.

Best Buy (BBY) Net Margin (2009 - 2026) Analysis & Trends

Best Buy (BBY) has 18 years of Net Margin data on file, last reported at 3.89% in Q1 2026.

  • Net Margin for Q1 2026 came in at 3.89%, up 306.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 2.56% (up 34.0% YoY), and the FY2026 annual result was 2.56%, up 33.0% from the prior year.
  • Net Margin climbed to 3.89% in Q1 2026 per BBY's latest filing, from 1.46% in the prior quarter.
  • Over five years, Net Margin peaked at 3.89% in Q1 2026 and troughed at 12.44% in Q1 2022.
  • A 5-year average of 1.16% and a median of 2.69% in 2023 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2022 and 2024: Net Margin plunged 1725 bps in 2022, then jumped 1020 bps in 2024.
  • A 5-year view of Net Margin shows it stood at 2.6% in 2022, then climbed by 3 bps to 2.69% in 2023, then increased by 7 bps to 2.87% in 2024, then slumped by 49 bps to 1.46% in 2025, then jumped by 167 bps to 3.89% in 2026.
  • Business Quant data shows BBY's Net Margin at 3.89% in Q1 2026, 1.46% in Q4 2025, and 1.96% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 3.32%
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 15.61%
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 9.19%
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 2.06%
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 4.58%
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 3.09%
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 13.78%
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 2.83%
10 GameStop 9.92 Bn 905.02 Mn 386.80 Mn 11.58%

Historic Data

Download Data
DateValue
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 1.96%
Oct 29, 2022 2.60%
Jul 30, 2022 2.99%
Apr 30, 2022 3.20%
Jan 29, 2022 -12.44%
Oct 30, 2021 4.18%
Jul 31, 2021 6.16%