The financials
Best Buy by the numbers
Best Buy (BBY) reported revenue of $8.94B in Q1 2027 (quarter ended May 2, 2026), up 1.9% from the same quarter a year earlier. That came with a gross margin of 24% and net income of $276M (3.1% of revenue). For the full year FY2026, revenue was $41.7B (+0.4% year on year) and net income $1.07B. Its largest product in Q1 2027 was Computing And Mobile Phones at $3.89B, 47% of the disclosed total, well ahead of Consumer Electronics at 26%.
| Income statement | Q1 2027 | Q1 2026 | Change |
|---|---|---|---|
| Revenue | $8.94B | $8.77B | +1.9% |
| Gross profit | $2.10B | $2.05B | +2.6% |
| Operating income | $370M | $219M | +69% |
| Net income | $276M | $202M | +37% |
| Diluted EPS | $1.31 | $0.95 | +38% |
| Product | Revenue | Share |
|---|---|---|
| Computing And Mobile Phones | $3.89B | 47% |
| Consumer Electronics | $2.15B | 26% |
| Appliances | $841M | 10% |
| Services | $786M | 9.5% |
| Entertainment | $548M | 6.6% |
| Other | $36M | 0.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2027Total $8.25B (-34%)
Entertainment grew +38% year on yearOther -27% year on year
Segment Latestquarter on quarteryear on year
- Computing And Mobile Phones$3.89B$3.89BQoQ -35%year on year +4.0%-35%+4.0%
- Consumer Electronics$2.15B$2.15BQoQ -40%year on year -2.9%-40%-2.9%
- Appliances$841.0M$841.0MQoQ -27%year on year -14%-27%-14%
- Services$786.0M$786.0MQoQ +44%year on year +4.9%+44%+4.9%
- Entertainment$548.0M$548.0MQoQ -54%year on year +38%-54%+38%
- Other$36.0M$36.0MQoQ -55%year on year -27%-55%-27%
Specialty Retail
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