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
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 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%