Best Buy (BBY) Tax Rate (2009 - 2026)

Best Buy has disclosed Tax Rate across 18 years of filings, most recently posting 26.98% for Q2 2026.

• In Q2 2026, Tax Rate rose 1843.0% year-over-year to 26.98%; the TTM figure through May 2026 stood at 26.92% (up 83.0% YoY), while the FY2026 annual figure was 24.0%, down 472.0% from the prior year.
• Tax Rate grew to 26.98% in Q2 2026, from 25.69% in the prior quarter.
• Over the last five years, Tax Rate for BBY reached as high as 47.53% in Q1 2025 and fell as low as 8.42% in Q1 2022.
• The 5-year median for Tax Rate is 24.5% (2022), against an average of 22.81%.
• Annual changes were most pronounced in 2022 — Tax Rate sank 3454 bps — and 2023, when it soared 2724 bps.
• A 5-year view of Tax Rate shows it stood at 23.4% in 2022, then increased by 6 bps to 24.71% in 2023, then dropped by 3 bps to 23.88% in 2024, then soared by 31 bps to 31.22% in 2025, then retreated by 14 bps to 26.98% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 26.98%, 25.69%, and 31.22% for Q2 2026, Q1 2026, and Q4 2025 respectively.