BBY Q4 2026 Earnings
Reported Mar 3, 2026 at 2:01 AM ET · SEC Source
Q4 26 EPS
$2.61
BEAT +5.67%
Est. $2.47
Q4 26 Revenue
$13.81B
vs S&P Since Q4 26
-10.8%
TRAILING MARKET
BBY -4.9% vs S&P +5.9%
Full Year 2026 Results
FY 26 EPS
$6.43
BEAT +1.96%
Est. $6.31
FY 26 Revenue
$41.69B
MISS 0.19%
Est. $41.77B
Market Reaction
Did BBY Beat Earnings? Q4 2026 Results
Best Buy closed out fiscal year 2026 on a quietly impressive note, delivering Q4 earnings per share of $2.61 against a consensus estimate of $2.47, a 5.67% beat, even as revenue of $13.81 billion fell just shy of the $13.89 billion Wall Street expect… Read more Best Buy closed out fiscal year 2026 on a quietly impressive note, delivering Q4 earnings per share of $2.61 against a consensus estimate of $2.47, a 5.67% beat, even as revenue of $13.81 billion fell just shy of the $13.89 billion Wall Street expected and slipped 1.0% year-over-year. The profit outperformance wasn't accidental: adjusted operating income rate expanded to 5.0% from 4.9% a year ago, with disciplined cost management and growth in higher-margin streams like Best Buy Ads and Marketplace revenue offsetting softer product margins. Computing and mobile phones, now representing 47% of domestic revenue mix, provided meaningful lift while home theater and appliances remained a drag. Shares climbed roughly 7% on the results, reflecting investor appreciation for the company's leaner operating model. Looking ahead, Best Buy guided FY27 revenue of $41.20 billion to $42.10 billion with adjusted diluted EPS of $6.30 to $6.60, and bumped its quarterly dividend 1% to $0.96 per share.
Key Takeaways
- • Computing and mobile phones growth offset declines in home theater and appliances
- • Best Buy Ads growth and Marketplace revenue contributed to domestic gross profit rate stability
- • Lower compensation expense including incentive compensation reduced SG&A
- • Domestic comparable sales declined 0.8% driven by home theater and appliances weakness
- • Consumer Electronics comparable sales declined 7.3% domestically
- • Computing and Mobile Phones comparable sales grew 5.4% domestically
- • Online revenue was 39.0% of total Domestic revenue
- • Lower effective tax rate due to lapping nondeductible Best Buy Health goodwill impairment from prior year
BBY Forward Guidance & Outlook
For FY27, Best Buy expects revenue of $41.2 billion to $42.1 billion, comparable sales change of -1.0% to +1.0%, adjusted operating income rate of 4.3% to 4.4%, adjusted effective income tax rate of approximately 25.5%, adjusted diluted EPS of $6.30 to $6.60, and capital expenditures of approximately $750 million. For Q1 FY27, the company expects comparable sales growth of approximately 1% and an adjusted operating income rate of approximately 3.9%. The company also plans approximately $300 million in share repurchases during FY27.
BBY YoY Financials
Q4 2026 vs Q4 2025, source: SEC Filings
BBY Revenue by Segment
With YoY comparisons, source: SEC Filings
“We are pleased to report better-than-expected profitability for the fourth quarter. Our comparable sales, while within our guidance range, declined 0.8% compared to last year. Our data sources show our overall market share was at least flat, pointing to slightly softer customer demand for our industry during the holiday quarter.”
— Corie Barry, Q4 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% |