Best Buy annual gross margin
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Best Buy Gross Margin Growth & History (BBY)
Best Buy's gross margin was 22.48% for fiscal 2026.
View full Best Buy company overviewBest Buy annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-01-31 | 22.48% | −0.12 pp |
| 2025 | 2025-02-01 | 22.60% | +0.50 pp |
| 2024 | 2024-02-03 | 22.10% | +0.69 pp |
| 2023 | 2023-01-28 | 21.41% | −1.08 pp |
| 2022 | 2022-01-29 | 22.49% | +0.12 pp |
| 2021 | 2021-01-30 | 22.37% | −0.65 pp |
| 2020 | 2020-02-01 | 23.03% | −0.20 pp |
| 2019 | 2019-02-02 | 23.23% | −0.20 pp |
| 2018 | 2018-02-03 | 23.43% | −0.53 pp |
| 2017 | 2017-01-28 | 23.96% | +0.71 pp |
| 2016 | 2016-01-30 | 23.25% | +0.82 pp |
| 2015 | 2015-01-31 | 22.43% | −0.72 pp |
| 2014 | 2014-02-01 | 23.14% | −0.44 pp |
| 2013 | 2013-02-02 | 23.59% | −0.58 pp |
| 2012 | 2012-03-03 | 24.16% | −1.05 pp |
| 2011 | 2011-02-26 | 25.21% | +0.76 pp |
| 2010 | 2010-02-27 | 24.45% | +0.02 pp |
| 2009 | 2009-02-28 | 24.43% | +0.58 pp |
| 2008 | 2008-03-01 | 23.85% | — |
Best Buy quarterly gross margin
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Q4.26
Q1.27
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2027 | 2026-05-02 | 23.52% | +0.15 pp |
| Q4 2026 | 2026-01-31 | 20.86% | −0.06 pp |
| Q3 2026 | 2025-11-01 | 23.24% | −0.23 pp |
| Q2 2026 | 2025-08-02 | 23.25% | −0.29 pp |
| Q1 2026 | 2025-05-03 | 23.37% | +0.04 pp |
| Q4 2025 | 2025-02-01 | 20.92% | +0.43 pp |
| Q3 2025 | 2024-11-02 | 23.47% | +0.59 pp |
| Q2 2025 | 2024-08-03 | 23.54% | +0.37 pp |
| Q1 2025 | 2024-05-04 | 23.33% | +0.62 pp |
| Q4 2024 | 2024-02-03 | 20.49% | +0.54 pp |
| Q3 2024 | 2023-10-28 | 22.88% | +0.85 pp |
| Q2 2024 | 2023-07-29 | 23.17% | +1.02 pp |
| Q1 2024 | 2023-04-29 | 22.71% | +0.61 pp |
| Q4 2023 | 2023-01-28 | 19.95% | −0.29 pp |
| Q3 2023 | 2022-10-29 | 22.03% | −1.50 pp |
| Q2 2023 | 2022-07-30 | 22.14% | −1.57 pp |
| Q1 2023 | 2022-04-30 | 22.10% | −1.23 pp |
| Q4 2022 | 2022-01-29 | 20.24% | −0.67 pp |
| Q3 2022 | 2021-10-30 | 23.53% | −0.05 pp |
| Q2 2022 | 2021-07-31 | 23.72% | +0.81 pp |
| Q1 2022 | 2021-05-01 | 23.33% | +0.38 pp |
| Q4 2021 | 2021-01-30 | 20.92% | −0.37 pp |
| Q3 2021 | 2020-10-31 | 23.58% | −0.60 pp |
| Q2 2021 | 2020-08-01 | 22.91% | −1.03 pp |
| Q1 2021 | 2020-05-02 | 22.95% | −0.78 pp |
| Q4 2020 | 2020-02-01 | 21.29% | −0.89 pp |
| Q3 2020 | 2019-11-02 | 24.18% | −0.05 pp |
| Q2 2020 | 2019-08-03 | 23.94% | +0.17 pp |
| Q1 2020 | 2019-05-04 | 23.73% | +0.40 pp |
| Q4 2019 | 2019-02-02 | 22.18% | −0.09 pp |
| Q3 2019 | 2018-11-03 | 24.23% | −0.23 pp |
| Q2 2019 | 2018-08-04 | 23.77% | −0.32 pp |
| Q1 2019 | 2018-05-05 | 23.33% | −0.38 pp |
| Q4 2018 | 2018-02-03 | 22.27% | −0.21 pp |
| Q3 2018 | 2017-10-28 | 24.46% | −0.16 pp |
| Q2 2018 | 2017-07-29 | 24.08% | −0.08 pp |
| Q1 2018 | 2017-04-29 | 23.71% | −1.70 pp |
| Q4 2017 | 2017-01-28 | 22.47% | +0.81 pp |
| Q3 2017 | 2016-10-29 | 24.63% | +0.68 pp |
| Q2 2017 | 2016-07-30 | 24.17% | −0.44 pp |
| Q1 2017 | 2016-04-30 | 25.41% | +1.69 pp |
| Q4 2016 | 2016-01-30 | 21.66% | +0.37 pp |
| Q3 2016 | 2015-10-31 | 23.95% | +0.96 pp |
| Q2 2016 | 2015-08-01 | 24.60% | +1.22 pp |
| Q1 2016 | 2015-05-02 | 23.72% | +0.95 pp |
| Q4 2015 | 2015-01-31 | 21.30% | +0.57 pp |
| Q3 2015 | 2014-11-01 | 22.98% | −0.14 pp |
| Q2 2015 | 2014-08-02 | 23.38% | −3.14 pp |
| Q1 2015 | 2014-05-03 | 22.77% | −0.32 pp |
| Q4 2014 | 2014-02-01 | 20.72% | −0.57 pp |
| Q3 2014 | 2013-11-02 | 23.13% | −0.62 pp |
| Q2 2014 | 2013-08-03 | 26.53% | +2.32 pp |
| Q1 2014 | 2013-05-04 | 23.09% | −1.82 pp |
| Q4 2013 | 2013-02-02 | 21.29% | −2.93 pp |
| Q3 2013 | 2012-11-03 | 23.75% | −1.85 pp |
| Q2 2013 | 2012-08-04 | 24.21% | −1.10 pp |
| Q1 2013 | 2012-05-05 | 24.91% | −0.53 pp |
| Q3 2012 · Nov 26 | 2011-11-26 | 24.23% | −1.08 pp |
| Q3 2012 · Oct 29 | 2011-10-29 | 25.60% | −0.09 pp |
| Q2 2012 · Aug 27 | 2011-08-27 | 25.31% | +0.86 pp |
| Q2 2012 · Jul 30 | 2011-07-30 | 25.44% | +0.35 pp |
| Q1 2012 · May 28 | 2011-05-28 | 25.30% | −0.43 pp |
| Q1 2012 · Apr 30 | 2011-04-30 | 25.69% | −0.20 pp |
| Q4 2011 | 2011-02-26 | 24.45% | +0.49 pp |
| Q3 2011 | 2010-11-27 | 25.09% | +0.62 pp |
| Q2 2011 | 2010-08-28 | 25.73% | +1.38 pp |
| Q1 2011 | 2010-05-29 | 25.89% | +0.56 pp |
| Q4 2010 | 2010-02-27 | 23.97% | −0.91 pp |
| Q3 2010 | 2009-11-28 | 24.47% | +0.17 pp |
| Q2 2010 | 2009-08-29 | 24.35% | — |
| Q1 2010 | 2009-05-30 | 25.33% | — |
| Q3 2009 | 2008-11-29 | 24.88% | — |
| Q2 2009 | 2008-08-30 | 24.29% | — |
Best Buy gross margin trends
Over the last five reported fiscal years, Best Buy's gross margin increased from 22.37% to 22.48%, a change of +0.11 percentage points. The latest reported quarter, Q1 2027, shows 23.52%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Best Buy filings at SEC.gov ↗