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

Best Buy (BBY) posted quarterly Net Margin of 3.09% for Q2 2026, up 77.0% YoY from 1.74% in Q2 2025, and down 20.69% sequentially from 3.89% in Q1 2026.

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

Best Buy has disclosed Net Margin across 18 years of filings, most recently posting 3.09% for 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 33.0% from the prior year.
  • Net Margin eased to 3.09% in Q2 2026, from 3.89% in the prior quarter.
  • Over the last five years, Net Margin for BBY reached as high as 3.89% in Q1 2026 and fell as low as 12.44% in Q1 2022.
  • The 5-year median for Net Margin is 2.73% (2023), against an average of 1.77%.
  • Annual changes were most pronounced in 2022 — Net Margin slumped 1623 bps — and 2023, when it jumped 1440 bps.
  • 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 plunged by 49 bps to 1.46% in 2025, then surged by 112 bps to 3.09% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 3.09%, 3.89%, and 1.46% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 3.56%
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn 15.61%
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 2.06%
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 4.58%
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 3.09%
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 2.83%
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn 13.78%
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn 44.39%
10 Academy Sports & Outdoors 3.04 Bn 2.71 Bn 479.35 Mn 3.65%

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%