Net Income
Net Income
Best Buy Net Income decreased by 49.0% to $276.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 36.6%, from $202.00M to $276.00M. Over 4 years (FY 2022 to FY 2026), Net Income shows a downward trend with a -18.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2027May 28, 2026
How to read this metric
Higher values indicate greater profitability and financial health, directly impacting shareholder value.
Detailed definition
The final bottom-line profit of the company after all operating expenses, non-operating expenses, and income taxes have...
Peer comparison
The most common metric for evaluating company performance against industry competitors.
Metric ID:
net_incomeHistorical Data
21 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $595.00M | $734.00M | $499.00M | $626.00M | $341.00M | $306.00M | $277.00M | $495.00M | $244.00M | $274.00M | $263.00M | $460.00M | $246.00M | $291.00M | $273.00M | $117.00M | $202.00M | $186.00M | $140.00M | $541.00M | $276.00M |
| QoQ Change | — | +23.4% | -32.0% | +25.5% | -45.5% | -10.3% | -9.5% | +78.7% | -50.7% | +12.3% | -4.0% | +74.9% | -46.5% | +18.3% | -6.2% | -57.1% | +72.6% | -7.9% | -24.7% | +286.4% | -49.0% |
| YoY Change | — | — | — | — | -42.7% | -58.3% | -44.5% | -20.9% | -28.4% | -10.5% | -5.1% | -7.1% | +0.8% | +6.2% | +3.8% | -74.6% | -17.9% | -36.1% | -48.7% | +362.4% | +36.6% |
Range$117.00M – $734.00M
CAGR-14.2%
Avg YoY Growth+0.9%
Median YoY Growth-17.9%
Net Income at Other Companies
Frequently Asked Questions
- What is Best Buy's net income?
- Best Buy (BBY) reported net income of $276.00M in Q1 2026.
- How has Best Buy's net income changed year-over-year?
- Best Buy's net income increased by 36.6% year-over-year, from $202.00M to $276.00M.
- What is the long-term trend for Best Buy's net income?
- Over 4 years (2022 to 2026), Best Buy's net income has grown at a -18.8% compound annual growth rate (CAGR), from $2.45B to $1.07B.
- What does net income mean?
- The total profit remaining after all costs, expenses, and taxes have been paid.