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

Best Buy (BBY) reported Operating Margin of 5.22% for Q1 2026, up 366.0% year-over-year from 1.12% in Q1 2025, and up 154.96% quarter-over-quarter from 2.05% in Q4 2025.

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

Best Buy (BBY) has 18 years of Operating Margin data on file, last reported at 5.22% in Q1 2026.

  • Operating Margin for Q1 2026 came in at 5.22%, up 366.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 3.33% (up 29.0% YoY), and the FY2026 annual result was 3.33%, up 29.0% from the prior year.
  • Operating Margin improved to 5.22% in Q1 2026 per BBY's latest filing, from 2.05% in the prior quarter.
  • Over five years, Operating Margin peaked at 5.22% in Q1 2026 and troughed at 1.56% in Q1 2025.
  • A 5-year average of 3.53% and a median of 3.63% in 2023 frame the typical range for Operating Margin.
  • On a YoY basis, Operating Margin climbed as much as 998 bps in 2022 and fell as far as 313 bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 3.45% in 2022, then advanced by 5 bps to 3.63% in 2023, then grew by 2 bps to 3.71% in 2024, then sank by 45 bps to 2.05% in 2025, then jumped by 155 bps to 5.22% in 2026.
  • Business Quant data shows BBY's Operating Margin at 5.22% in Q1 2026, 2.05% in Q4 2025, and 2.66% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 7.89%
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 20.27%
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 12.23%
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 2.96%
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 6.50%
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 4.14%
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 17.99%
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 4.26%
10 GameStop 9.92 Bn 905.02 Mn 386.80 Mn 12.24%

Historic Data

Download Data
DateValue
May 2, 2026 4.14%
Jan 31, 2026 5.22%
Nov 1, 2025 2.05%
Aug 2, 2025 2.66%
May 3, 2025 2.50%
Feb 1, 2025 1.56%
Nov 2, 2024 3.71%
Aug 3, 2024 4.12%
May 4, 2024 3.53%
Feb 3, 2024 3.83%
Oct 28, 2023 3.63%
Jul 29, 2023 3.63%
Apr 29, 2023 3.29%
Jan 28, 2023 -5.58%
Oct 29, 2022 3.45%
Jul 30, 2022 3.59%
Apr 30, 2022 4.34%
Jan 29, 2022 4.91%
Oct 30, 2021 5.63%
Jul 31, 2021 6.73%