Best Buy Co. (BBY) financial statements

Consumer Cyclical · Specialty Retail · Market cap $20.1B

Best Buy Co. reported revenue of $41.7B in fiscal 2026, up 0.6% a year over 9 years.

Net income was $1.1B and the operating margin 3.3%, against 4.7% in 2017.

Free cash flow was $1.3B, and the company returned $801M in dividends and $273M in net buybacks.

The diluted share count fell 34% over the period (buybacks).

Revenue and free cash flow

Fiscal years, $ billions.

02040602017201820192020202120222023202420252026RevenueFree cash flow
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Income statement

Fiscal years, from Best Buy Co.'s 10-K filings with the SEC.

Fiscal year2017201820192020202120222023202420252026
Revenue$39.4B$42.2B$42.9B$43.6B$47.3B$51.8B$46.3B$43.5B$41.5B$41.7B
Cost of revenue$30.0B$32.3B$32.9B$33.6B$36.7B$40.1B$36.4B$33.8B$32.1B$32.3B
Gross profit$9.4B$9.9B$10.0B$10.0B$10.6B$11.6B$9.9B$9.6B$9.4B$9.4B
Selling, general and admin$7.5B$8.0B$8.0B$8.0B$7.9B$8.6B$8.0B$7.9B$7.7B$7.6B
Operating income$1.9B$1.8B$1.9B$2.0B$2.4B$3.0B$1.8B$1.6B$1.3B$1.4B
Interest expense$72M$75M$73M$64M$52M$25M$35M$52M$51M$47M
Pre-tax income$1.8B$1.8B$1.9B$2.0B$2.4B$3.0B$1.8B$1.6B$1.3B$1.4B
Income tax$609M$818M$424M$452M$579M$574M$370M$381M$372M$337M
Net income$1.2B$1.0B$1.5B$1.5B$1.8B$2.5B$1.4B$1.2B$927M$1.1B
EPS (diluted)$3.81$3.26$5.20$5.75$6.84$9.84$6.29$5.68$4.28$5.04
Diluted shares323M307M281M268M263M249M226M218M217M212M
Gross margin24.0%23.4%23.2%23.0%22.4%22.5%21.4%22.1%22.6%22.5%
Operating margin4.7%4.4%4.4%4.6%5.1%5.9%3.9%3.6%3.0%3.3%
Net margin3.1%2.4%3.4%3.5%3.8%4.7%3.1%2.9%2.2%2.6%

Balance sheet

Fiscal years, from Best Buy Co.'s 10-K filings with the SEC.

Fiscal year2017201820192020202120222023202420252026
Cash and short-term investments$3.9B$3.1B$2.0B$2.2B$5.5B$2.9B$1.9B$1.4B$1.6B$1.7B
Receivables$1.3B$1.0B$1.0B$1.1B$1.1B$1.0B$1.1B$939M$1.0B$1.0B
Inventory$4.9B$5.2B$5.4B$5.2B$5.6B$6.0B$5.1B$5.0B$5.1B$5.2B
Total current assets$10.5B$9.8B$8.9B$8.9B$12.5B$10.5B$8.8B$7.9B$8.2B$8.5B
Property, plant and equipment$2.3B$2.4B$2.5B$2.3B$2.3B$2.2B$2.4B$2.3B$2.1B$2.0B
Goodwill$425M$425M$915M$984M$986M$1.4B$1.4B$1.4B$908M$790M
Total assets$13.9B$13.0B$12.9B$15.6B$19.1B$17.5B$15.8B$15.0B$14.8B$14.7B
Total current liabilities$7.1B$7.8B$7.5B$8.1B$10.5B$10.7B$9.0B$7.9B$8.0B$7.7B
Long-term debt$1.3B$811M$1.3B$1.3B$1.3B$1.2B$1.2B$1.2B$1.1B$1.2B
Total liabilities$9.1B$9.4B$9.6B$12.1B$14.5B$14.5B$13.0B$11.9B$12.0B$11.7B
Shareholders' equity$4.7B$3.6B$3.3B$3.5B$4.6B$3.0B$2.8B$3.1B$2.8B$3.0B
Net debt-$875M$254M-$592M-$958M-$4.2B-$1.7B-$698M-$282M-$424M-$573M

Cash flow

Fiscal years, from Best Buy Co.'s 10-K filings with the SEC.

Fiscal year2017201820192020202120222023202420252026
Operating cash flow$2.6B$2.1B$2.4B$2.6B$4.9B$3.3B$1.8B$1.5B$2.1B$2.0B
Capital spending$580M$688M$819M$743M$713M$737M$930M$795M$706M$704M
Free cash flow$2.0B$1.5B$1.6B$1.8B$4.2B$2.5B$894M$675M$1.4B$1.3B
Stock-based compensation$108M$129M$123M$143M$135M$141M$138M$145M$139M$139M
Dividends paid$505M$409M$497M$527M$568M$688M$789M$801M$807M$801M
Share buybacks (net)-$698M-$2.0B-$1.5B-$1.0B-$312M-$3.5B-$1.0B-$340M-$500M-$273M
Net borrowing-$394M-$46M-$48M-$15M-$24M-$133M-$19M-$19M-$17M-$13M
Free cash flow margin5.0%3.4%3.7%4.2%8.9%4.9%1.9%1.6%3.4%3.0%
Dividends per share$1.57$1.33$1.77$1.97$2.16$2.76$3.50$3.67$3.73$3.78
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Questions

What was Best Buy Co.'s revenue in 2026?

$41.7B in fiscal 2026, from its 10-K filing.

How much free cash flow does Best Buy Co. generate?

$1.3B in fiscal 2026 (operating cash flow minus capital spending).

From Best Buy Co.'s annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.