BBY Q2 2026 Earnings
Reported Aug 28, 2025 at 7:00 AM ET · SEC Source
Q2 26 EPS
$1.28
BEAT +4.51%
Est. $1.22
Q2 26 Revenue
$9.44B
BEAT +2.23%
Est. $9.23B
vs S&P Since Q2 26
-24.1%
TRAILING MARKET
BBY -13.0% vs S&P +11.1%
Market Reaction
Did BBY Beat Earnings? Q2 2026 Results
Best Buy posted a solid second quarter for fiscal 2026, with adjusted diluted EPS of $1.28 beating the $1.22 consensus by 4.51% and revenue of $9.44 billion topping estimates by 2.23% as the retailer delivered its strongest comparable sales growth in… Read more Best Buy posted a solid second quarter for fiscal 2026, with adjusted diluted EPS of $1.28 beating the $1.22 consensus by 4.51% and revenue of $9.44 billion topping estimates by 2.23% as the retailer delivered its strongest comparable sales growth in three years. Total revenue rose 1.6% year over year, lifted by a standout performance in gaming and computing that propelled Domestic comparable sales up 1.1%, while the International segment surged 7.6% on comparable basis, aided by new Best Buy Express locations in Canada. The Entertainment category was a particular bright spot, posting 37.5% comparable growth domestically and fueling optimism about the company's ongoing cost optimization efforts. Those gains, however, came alongside gross margin compression, the gross profit rate slipped to 23.2% from 23.5%, and $114 million in restructuring charges that dragged GAAP EPS sharply lower. Management reiterated full-year guidance of $41.1 billion to $41.9 billion in revenue and adjusted EPS of $6.15 to $6.30, noting the company is trending toward the higher end of the sales range while keeping a cautious eye on potential tariff headwinds in the back half.
Key Takeaways
- • Comparable sales growth of 1.6%, highest in three years
- • Gaming, computing, and mobile phones drove the largest comparable sales increases in the Domestic segment
- • International comparable sales growth of 7.6% driven by strong performance and new Best Buy Express locations in Canada
- • Domestic online revenue increased 5.1% on a comparable basis, reaching 32.8% of total Domestic revenue
- • Entertainment category saw 37.5% domestic comparable sales growth and 57.3% international comparable sales growth
- • New technology innovation and strong vendor partnerships
- • Strong customer response to back-to-school sales events continuing into August
BBY YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
BBY Revenue by Segment
With YoY comparisons, source: SEC Filings
“We delivered comparable sales growth of 1.6% in the second quarter, our highest growth in three years. This better-than-expected sales growth was driven by a mix of new technology innovation, our relentless focus on a seamless omni-channel customer experience and our strong vendor partnerships.”
— Corie Barry, Q2 2026 Earnings Press Release
BBY Earnings Trends
BBY vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
BBY EPS Trend
Earnings per share: estimate vs actual
BBY Revenue Trend
Quarterly revenue: estimate vs actual
BBY Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 26 BEAT FY | $2.47 | $2.61 | +5.67% | $13.81B | — |
| FY Full Year | $6.31 | $6.43 | +1.96% | $41.69B | -0.19% |
| Q3 26 BEAT | $1.31 | $1.40 | +6.65% | $9.67B | +0.83% |
| Q2 26 BEAT | $1.22 | $1.28 | +4.51% | $9.44B | +2.23% |
| Q1 26 BEAT | $1.09 | $1.15 | +5.04% | $8.77B | -0.56% |