This page shows Best Buy Inc (BBY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2026 annual data. Scores normalized against common benchmarks. How we calculate these scores
Best Buy Inc has an operating margin of 7.7%, meaning the company retains $8 of operating profit per $100 of revenue. This results in a moderate score of 39/100, indicating healthy but not exceptional operating efficiency. This is up from 3.0% the prior year.
Best Buy Inc's revenue declined 56.6% year-over-year, from $41.5B to $18.0B. This contraction results in a growth score of 0/100.
Best Buy Inc carries a low D/E ratio of 0.39, meaning only $0.39 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 94/100, indicating a strong balance sheet with room for future borrowing.
Best Buy Inc's current ratio of 1.11 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 17/100, which could limit financial flexibility.
Best Buy Inc has a free cash flow margin of 7.0%, earning a moderate score of 42/100. The company generates positive cash flow after capital investments, but with room for improvement.
Best Buy Inc earns a strong 36.1% return on equity (ROE), meaning it generates $36 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 91/100. This is up from 33.6% the prior year.
Best Buy Inc scores 2.55, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Best Buy Inc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Best Buy Inc generates $1.84 in operating cash flow ($2.0B OCF vs $1.1B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Best Buy Inc earns $29.6 in operating income for every $1 of interest expense ($1.4B vs $47.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Best Buy Inc generated $18.0B in revenue in fiscal year 2026. This represents a decrease of 56.6% from the prior year.
Best Buy Inc's EBITDA was $2.2B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 4.3% from the prior year.
Best Buy Inc reported $1.1B in net income in fiscal year 2026. This represents an increase of 15.3% from the prior year.
Best Buy Inc earned $5.04 per diluted share (EPS) in fiscal year 2026. This represents an increase of 17.8% from the prior year.
Cash & Balance Sheet
Best Buy Inc generated $1.3B in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 9.6% from the prior year.
Best Buy Inc held $1.7B in cash against $1.2B in long-term debt as of fiscal year 2026.
Best Buy Inc paid $3.68 per share in dividends in fiscal year 2026. This represents a decrease of 2.1% from the prior year.
Best Buy Inc had 209M shares outstanding in fiscal year 2026. This represents a decrease of 1.1% from the prior year.
Margins & Returns
Best Buy Inc's gross margin was -79.2% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 101.8 percentage points from the prior year.
Best Buy Inc's operating margin was 7.7% in fiscal year 2026, reflecting core business profitability. This is up 4.7 percentage points from the prior year.
Best Buy Inc's net profit margin was 5.9% in fiscal year 2026, showing the share of revenue converted to profit. This is up 3.7 percentage points from the prior year.
Best Buy Inc's ROE was 36.1% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 2.5 percentage points from the prior year.
Capital Allocation
Best Buy Inc spent $273.0M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 45.4% from the prior year.
Best Buy Inc invested $704.0M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 0.3% from the prior year.
BBY Income Statement
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.7B+2.5% | $9.4B+7.7% | $8.8B-37.5% | $14.0B+48.5% | $9.4B+1.7% | $9.3B+5.0% | $8.8B-42.0% | $15.3B |
| Cost of Revenue | $7.4B+2.5% | $7.2B+7.8% | $6.7B-39.5% | $11.1B+53.5% | $7.2B+1.8% | $7.1B+4.7% | $6.8B-44.3% | $12.2B |
| Gross Profit | $2.2B+2.5% | $2.2B+7.1% | $2.0B-30.1% | $2.9B+32.3% | $2.2B+1.4% | $2.2B+5.9% | $2.1B-33.1% | $3.1B |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $1.9B+3.0% | $1.8B+6.3% | $1.7B-23.5% | $2.2B+20.2% | $1.9B+3.4% | $1.8B+4.2% | $1.7B-27.1% | $2.4B |
| Operating Income | $198.0M-21.1% | $251.0M+14.6% | $219.0M-29.4% | $310.0M-11.4% | $350.0M-8.6% | $383.0M+22.8% | $312.0M-44.3% | $560.0M |
| Interest Expense | $12.0M0.0% | $12.0M0.0% | $12.0M-7.7% | $13.0M0.0% | $13.0M0.0% | $13.0M+8.3% | $12.0M-14.3% | $14.0M |
| Income Tax | $64.0M-5.9% | $68.0M+257.9% | $19.0M-88.6% | $167.0M+96.5% | $85.0M-15.8% | $101.0M+26.3% | $80.0M-32.8% | $119.0M |
| Net Income | $140.0M-24.7% | $186.0M-7.9% | $202.0M+25.5% | $161.0M-41.0% | $273.0M-6.2% | $291.0M+18.3% | $246.0M-46.3% | $458.0M |
| EPS (Diluted) | $0.66-24.1% | $0.87-8.4% | $0.95 | N/A | $1.26-6.0% | $1.34+18.6% | $1.13 | N/A |
BBY Balance Sheet
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $16.8B+10.1% | $15.3B+8.0% | $14.1B-4.4% | $14.8B-13.1% | $17.0B+8.9% | $15.6B+5.9% | $14.8B-1.4% | $15.0B |
| Current Assets | $10.6B+19.1% | $8.9B+17.0% | $7.6B-7.8% | $8.2B-17.4% | $10.0B+16.3% | $8.6B+10.4% | $7.8B-1.8% | $7.9B |
| Cash & Equivalents | $923.0M-36.6% | $1.5B+26.9% | $1.1B-27.3% | $1.6B+145.4% | $643.0M-53.6% | $1.4B+14.3% | $1.2B-16.1% | $1.4B |
| Inventory | $8.0B+37.4% | $5.8B+12.0% | $5.2B+2.1% | $5.1B-34.9% | $7.8B+36.8% | $5.7B+9.2% | $5.2B+5.4% | $5.0B |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $790.0M-13.0% | $908.0M0.0% | $908.0M0.0% | $908.0M-34.3% | $1.4B0.0% | $1.4B0.0% | $1.4B0.0% | $1.4B |
| Total Liabilities | $14.1B+12.7% | $12.5B+10.3% | $11.4B-5.1% | $12.0B-14.1% | $13.9B+11.3% | $12.5B+7.3% | $11.7B-2.0% | $11.9B |
| Current Liabilities | $10.1B+18.2% | $8.6B+15.4% | $7.4B-7.5% | $8.0B-19.4% | $9.9B+17.7% | $8.5B+10.5% | $7.6B-3.3% | $7.9B |
| Long-Term Debt | $1.2B-0.8% | $1.2B+1.0% | $1.2B+0.8% | $1.1B0.0% | $1.1B-1.1% | $1.2B+2.0% | $1.1B-1.6% | $1.2B |
| Total Equity | $2.7B-2.3% | $2.7B-1.7% | $2.8B-1.6% | $2.8B-8.9% | $3.1B-0.8% | $3.1B+0.8% | $3.1B+0.9% | $3.1B |
| Retained Earnings | $2.3B-3.1% | $2.4B-1.9% | $2.4B-2.3% | $2.5B-9.6% | $2.8B-0.9% | $2.8B+1.9% | $2.7B+1.5% | $2.7B |
BBY Cash Flow Statement
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$99.0M-113.2% | $749.0M+2102.9% | $34.0M-97.8% | $1.5B+700.4% | -$256.0M-138.7% | $661.0M+323.7% | $156.0M-86.8% | $1.2B |
| Capital Expenditures | $188.0M+7.4% | $175.0M+5.4% | $166.0M-6.7% | $178.0M-7.8% | $193.0M+5.5% | $183.0M+20.4% | $152.0M-16.9% | $183.0M |
| Free Cash Flow | -$287.0M-150.0% | $574.0M+534.8% | -$132.0M-109.7% | $1.4B+402.7% | -$449.0M-193.9% | $478.0M+11850.0% | $4.0M-99.6% | $997.0M |
| Investing Cash Flow | -$186.0M+8.4% | -$203.0M-22.3% | -$166.0M+8.8% | -$182.0M-7.1% | -$170.0M+8.1% | -$185.0M-10.8% | -$167.0M+7.7% | -$181.0M |
| Financing Cash Flow | -$234.0M+13.0% | -$269.0M+11.8% | -$305.0M+26.9% | -$417.0M-24.5% | -$335.0M-9.8% | -$305.0M-21.0% | -$252.0M+7.4% | -$272.0M |
| Dividends Paid | $199.0M-1.0% | $201.0M-0.5% | $202.0M+1.0% | $200.0M-1.0% | $202.0M-0.5% | $203.0M+0.5% | $202.0M+2.0% | $198.0M |
| Share Buybacks | $35.0M-46.2% | $65.0M-35.0% | $100.0M-53.5% | $215.0M+56.9% | $137.0M+39.8% | $98.0M+96.0% | $50.0M-28.6% | $70.0M |
BBY Financial Ratios
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 23.2%-0.0pp | 23.3%-0.1pp | 23.4%+2.5pp | 20.9%-2.6pp | 23.5%-0.1pp | 23.5%+0.2pp | 23.3%+3.1pp | 20.2% |
| Operating Margin | 2.1%-0.6pp | 2.7%+0.2pp | 2.5%+0.3pp | 2.2%-1.5pp | 3.7%-0.4pp | 4.1%+0.6pp | 3.5%-0.1pp | 3.7% |
| Net Margin | 1.5%-0.5pp | 2.0%-0.3pp | 2.3%+1.1pp | 1.1%-1.7pp | 2.9%-0.2pp | 3.1%+0.4pp | 2.8%-0.2pp | 3.0% |
| Return on Equity | 5.3%-1.6pp | 6.9%-0.5pp | 7.3%+1.6pp | 5.7%-3.1pp | 8.9%-0.5pp | 9.4%+1.4pp | 8.0%-7.0pp | 15.0% |
| Return on Assets | 0.8%-0.4pp | 1.2%-0.2pp | 1.4%+0.3pp | 1.1%-0.5pp | 1.6%-0.3pp | 1.9%+0.2pp | 1.7%-1.4pp | 3.1% |
| Current Ratio | 1.050.0 | 1.04+0.0 | 1.020.0 | 1.03+0.0 | 1.00-0.0 | 1.010.0 | 1.01+0.0 | 1.00 |
| Debt-to-Equity | 0.440.0 | 0.43+0.0 | 0.420.0 | 0.41+0.0 | 0.370.0 | 0.370.0 | 0.370.0 | 0.38 |
| FCF Margin | -3.0%-9.0pp | 6.1%+7.6pp | -1.5%-11.2pp | 9.7%+14.4pp | -4.8%-9.9pp | 5.1%+5.1pp | 0.1%-6.5pp | 6.5% |
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Frequently Asked Questions
What is Best Buy Inc's annual revenue?
Best Buy Inc (BBY) reported $18.0B in total revenue for fiscal year 2026. This represents a -56.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Best Buy Inc's revenue growing?
Best Buy Inc (BBY) revenue declined by 56.6% year-over-year, from $41.5B to $18.0B in fiscal year 2026.
Is Best Buy Inc profitable?
Yes, Best Buy Inc (BBY) reported a net income of $1.1B in fiscal year 2026, with a net profit margin of 5.9%.
What is Best Buy Inc's EBITDA?
Best Buy Inc (BBY) had EBITDA of $2.2B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Best Buy Inc have?
As of fiscal year 2026, Best Buy Inc (BBY) had $1.7B in cash and equivalents against $1.2B in long-term debt.
What is Best Buy Inc's gross margin?
Best Buy Inc (BBY) had a gross margin of -79.2% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Best Buy Inc's operating margin?
Best Buy Inc (BBY) had an operating margin of 7.7% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Best Buy Inc's net profit margin?
Best Buy Inc (BBY) had a net profit margin of 5.9% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
Does Best Buy Inc pay dividends?
Yes, Best Buy Inc (BBY) paid $3.68 per share in dividends during fiscal year 2026.
What is Best Buy Inc's return on equity (ROE)?
Best Buy Inc (BBY) has a return on equity of 36.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Best Buy Inc's free cash flow?
Best Buy Inc (BBY) generated $1.3B in free cash flow during fiscal year 2026. This represents a -9.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Best Buy Inc's operating cash flow?
Best Buy Inc (BBY) generated $2.0B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Best Buy Inc's total assets?
Best Buy Inc (BBY) had $14.7B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Best Buy Inc's capital expenditures?
Best Buy Inc (BBY) invested $704.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Best Buy Inc's current ratio?
Best Buy Inc (BBY) had a current ratio of 1.11 as of fiscal year 2026, which is considered adequate.
What is Best Buy Inc's debt-to-equity ratio?
Best Buy Inc (BBY) had a debt-to-equity ratio of 0.39 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Best Buy Inc's return on assets (ROA)?
Best Buy Inc (BBY) had a return on assets of 7.3% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Best Buy Inc's Altman Z-Score?
Best Buy Inc (BBY) has an Altman Z-Score of 2.55, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Best Buy Inc's Piotroski F-Score?
Best Buy Inc (BBY) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Best Buy Inc's earnings high quality?
Best Buy Inc (BBY) has an earnings quality ratio of 1.84x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Best Buy Inc cover its interest payments?
Best Buy Inc (BBY) has an interest coverage ratio of 29.6x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Best Buy Inc?
Best Buy Inc (BBY) scores 47 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.