BBY Q3 2026 Earnings
Reported Nov 25, 2025 at 7:00 AM ET · SEC Source
Q3 26 EPS
$1.40
BEAT +6.65%
Est. $1.31
Q3 26 Revenue
$9.67B
BEAT +0.83%
Est. $9.59B
vs S&P Since Q3 26
-29.5%
TRAILING MARKET
BBY -23.4% vs S&P +6.0%
Market Reaction
Did BBY Beat Earnings? Q3 2026 Results
Best Buy closed out its fiscal third quarter of 2026 on a stronger note than Wall Street had anticipated, posting adjusted diluted EPS of $1.40 against a consensus estimate of $1.31, a 6.65% beat, while revenue of $9.67 billion edged past expectation… Read more Best Buy closed out its fiscal third quarter of 2026 on a stronger note than Wall Street had anticipated, posting adjusted diluted EPS of $1.40 against a consensus estimate of $1.31, a 6.65% beat, while revenue of $9.67 billion edged past expectations by 0.83% and grew 2.4% year over year. The primary engine behind the outperformance was a 2.7% comparable sales gain, a meaningful reversal from the 2.9% decline recorded in the year-ago period, led by robust demand in computing, gaming, and mobile phones. SG&A leverage helped lift the adjusted operating income rate to 4.0% from 3.7% a year earlier, even as product margin rates dipped. The quarter wasn't without a shadow, $192 million in non-cash impairment charges tied to Best Buy Health weighed on GAAP EPS, signaling real headwinds in its healthcare ambitions. Still, management raised its full-year guidance, now targeting revenue of $41.65 billion to $41.95 billion and adjusted EPS of $6.25 to $6.35, reflecting measured confidence heading into a pivotal holiday season.
Key Takeaways
- • Computing, gaming, and mobile phones drove comparable sales growth
- • Domestic comparable sales grew 2.4%, International comparable sales grew 6.3%
- • Domestic online revenue increased 3.5% on a comparable basis to $2.82 billion
- • Online revenue represented 31.8% of total Domestic revenue vs 31.4% last year
- • Adjusted SG&A as a percentage of revenue improved to 19.2% from 19.8% in Domestic segment
- • International gross profit rate improved to 22.8% from 22.5% due to favorable supply chain costs
- • Domestic computing and mobile phones comparable sales grew 7.6%
- • Domestic entertainment comparable sales grew 14.0%
- • International entertainment comparable sales grew 11.3%
- • International computing and mobile phones comparable sales grew 9.2%
BBY YoY Financials
Q3 2026 vs Q3 2025, source: SEC Filings
BBY Revenue by Segment
With YoY comparisons, source: SEC Filings
“We are pleased to report better-than-expected sales and adjusted operating income rate for the third quarter. Our comparable sales grew 2.7% as we continued to drive strong results across computing, gaming and mobile phones. We delivered sales growth across both online and stores, saw continued improvements in customer experience ratings and launched our Best Buy Marketplace.”
— Corie Barry, Q3 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% |