Best Buy (BBY) Net Margin (2009 - 2026)
Best Buy (BBY) posted quarterly Net Margin of 3.09% for Q2 2026, up 77.0% year-over-year from 1.74% in Q2 2025, and down 20.69% quarter-over-quarter from 3.89% in Q1 2026.
Best Buy (BBY) Net Margin (2009 - 2026) Analysis & Trends
Best Buy (BBY) has reported Net Margin for 18 consecutive years, with 3.09% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin rose 77.0% year-over-year to 3.09%; the TTM figure through May 2026 stood at 2.72% (up 60.0% YoY), while the FY2026 annual figure was 2.56%, up 34.0% from the prior year.
- Net Margin declined to 3.09% in Q2 2026 per BBY's latest filing, from 3.89% in the prior quarter.
- Across five years, Net Margin topped out at 5.95% in Q1 2023 and bottomed at 0.84% in Q1 2025.
- Historically, Net Margin has averaged 2.78% across 5 years, with a median of 2.81% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin slumped 317 bps — and 2023, when it jumped 423 bps.
- Best Buy's Net Margin stood at 2.6% in 2022, then grew by 3 bps to 2.69% in 2023, then rose by 7 bps to 2.87% in 2024, then tumbled by 49 bps to 1.46% in 2025, then soared by 112 bps to 3.09% in 2026.
- Business Quant data shows BBY's Net Margin at 3.09% in Q2 2026, 3.89% in Q1 2026, and 1.46% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 3.56% |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 15.61% |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 10.81% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 7.94% |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 3.09% |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 6.19% |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 9.57% |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 3.07% |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 14.79% |
| 10 | MINISO Group Holding | 3.42 Bn | 2.45 Bn | 414.86 Mn | -2.26% |
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% |