Best Buy Co., Inc. (BBY) Net Income
The annual net income for Best Buy Co., Inc. (BBY) is $1.07 Billion with a year-over-year change of +15.32%. Net income represents the company's bottom line profit after all expenses, taxes, and interest.
Annual Net Income (TTM)
$1.07B
$1.07 Billion
Year-over-Year Change
+15.32%
vs. $927.00M prior year
Net Income CAGR
(12.54%)
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
+18.31%
3 Year
(4.72%)
5 Year
(12.54%)
10 Year
+1.38%
15 Year
(0.73%)
20 Year
+0.01%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2026 | $1.07B | +$142.00M | +15.32% |
| 2025 | $927.00M | ($314.00M) | (25.30%) |
| 2024 | $1.24B | ($178.00M) | (12.54%) |
| 2023 | $1.42B | ($1.03B) | (42.18%) |
| 2022 | $2.45B | +$656.00M | +36.48% |
| 2021 | $1.80B | +$257.00M | +16.68% |
| 2020 | $1.54B | +$77.00M | +5.26% |
| 2019 | $1.46B | +$464.00M | +46.40% |
| 2018 | $1.00B | ($228.00M) | (18.57%) |
| 2017 | $1.23B | +$331.00M | +36.90% |
Net Income Growth Summary
TTM Growth
+18.31%
3-Year Avg Growth
(4.72%)
5-Year Avg Growth
(12.54%)
About Best Buy Co., Inc.
Best Buy Co., Inc. operates as a prominent technology retailer across the United States and Canada. Its business structure is segmented into Domestic and International operations. The company's extensive product selection includes a wide array of computing devices such as desktops, notebooks, and associated peripherals, alongside mobile phones (which generate commissions from network carriers), networking equipment, and tablets (including e-readers). Customers can also find smartwatches and various consumer electronics, encompassing digital imaging devices, health and fitness gadgets, home theater systems, portable audio solutions (like headphones and speakers), and smart home products. Beyond electronics, Best Buy also supplies household appliances such as dishwashers, laundry machines, ovens, refrigerators, blenders, coffee makers, and vacuum cleaners. For entertainment, their offerings range from drones, movies, music, and toys to gaming hardware and software, including virtual reality products. Additionally, the company stocks miscellaneous items like baby products, food and beverages, luggage, outdoor living essentials, and sporting goods. In terms of services, Best Buy provides consultation, delivery, design assistance, health-related programs, installation, membership benefits, repair work, product setup, technical support, and warranty services. Products are distributed through both physical stores and online platforms, operating under various brand names including Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird. Their primary online presence is via bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, the company maintained a network of 1,144 retail locations. Originally established in 1966 as Sound of Music, Inc., the corporation is headquartered in Richfield, Minnesota.
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- CEO
- Corie Sue Barry