Best Buy BBY
NYSE BBY
$88.23 +0.20 (+0.23%)
As of: Sep 10, 2026 · 3:49 PM EDT

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

Best Buy's (BBY) quarterly Operating Margin came in at 4.31% in Q3 2026, up 165.0% year-over-year from 1.62% in Q3 2025, and up 3.98% quarter-over-quarter from 4.14% in Q2 2026.

Analysis

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

Best Buy (BBY) has reported Operating Margin for 18 consecutive years, with 4.31% the latest figure, recorded in Q3 2026.

  • On a quarterly basis, Operating Margin rose 165.0% year-over-year to 4.31% in Q3 2026; TTM through Aug 2026 was 4.05%, a 156.0% increase from a year earlier, with the FY2026 full-year figure at 3.33%, up 29.0% from the prior year.
  • Operating Margin was 4.31% for Q3 2026 at Best Buy, up from 4.14% in the prior quarter.
  • Over five years, Operating Margin peaked at 5.63% in Q1 2023 and troughed at 1.56% in Q1 2025.
  • A 5-year average of 3.7% and a median of 3.71% in 2024 frame the typical range for Operating Margin.
  • Across the five-year window, Operating Margin sank 313 bps in 2022 and soared 366 bps in 2026, its largest moves.
  • Over 5 years, Operating Margin stood at 3.45% in 2022, then gained by 5 bps to 3.63% in 2023, then climbed by 2 bps to 3.71% in 2024, then slumped by 45 bps to 2.05% in 2025, then surged by 110 bps to 4.31% in 2026.
  • The last three Operating Margin figures came in at 4.31% (Q3 2026), 4.14% (Q2 2026), and 5.22% (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Ulta Beauty 23.08 Bn 22.87 Bn 1.19 Bn 12.51%
2 Best Buy 18.66 Bn 16.40 Bn 2.34 Bn 4.31%
3 Dick'S Sporting Goods 11.79 Bn 10.88 Bn 1.94 Bn 7.89%
4 Signet Jewelers 3.94 Bn 3.34 Bn 556.50 Mn 2.38%
5 Academy Sports & Outdoors 3.49 Bn 3.15 Bn 479.35 Mn 5.18%
6 National Vision Holdings 1.36 Bn 1.33 Bn 290.43 Mn 4.27%
7 Gold.com 1.23 Bn 650.62 Mn 176.58 Mn 0.95%
8 Winmark 1.11 Bn 1.08 Bn 21.15 Mn 62.10%
9 GameStop 1.02 Bn -7.35 Bn 340.30 Mn 17.16%
10 Barnes & Noble Education 376.57 Mn 368.76 Mn 57.05 Mn -5.94%
Historic Data

Historic Data

Download Data
DateValue
Aug 1, 2026 4.31%
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 3.76%
Feb 3, 2024 3.83%
Oct 28, 2023 3.63%
Jul 29, 2023 3.63%
Apr 29, 2023 3.29%
Jan 28, 2023 5.63%
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%