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Best Buy BBY Services — Revenue

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Other financials

Income statement

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Revenue$8.9B+1.9%
Gross profit$2.1B+2.6%
Operating income$370.0M+68.9%
Net income$276.0M+36.6%
EPS (diluted)$1.31+37.9%

Balance sheet

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Cash & equivalents$2.0B+41.9%
Total debt$4.2B+2.0%
Total equity$3.1B+11.6%
Total assets$14.9B+5.4%

Cash flow

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Operating cash flow$375.0M+1,003%
CapEx$160.0M-3.6%
Free cash flow$215.0M+263%

Valuation

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Market cap$16.87B+18.3%
Enterprise value$19B+14.1%
P/E14.8×-3.6×
P/S0.4×+0.1×

Profitability

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Gross margin22.5%-0.1pp
Operating margin3.7%+0.9pp
Net margin2.7%+0.6pp
FCF margin3.2%

Returns & leverage

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Return on equity39.1%+8.9pp
Debt / equity1.4×-0.1×
Current ratio1.1×+0.1×

Where this comes from

Reported directly by Best Buy in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

The source filing: Best Buy’s 10-Q, filed June 5, 2026.

Filed
Jun 5, 2026, 4:43 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0000764478-26-000022
Line itemThree Months Ended / May 2, 2026Three Months Ended / May 3, 2025
Revenue$8,936$8,767
Cost of sales6,8346,718
Gross profit2,1022,049
Selling, general and administrative expenses1,7411,721
Restructuring charges(9)109
Operating income370219
Other income (expense):
Investment income and other1915

Item 1. Financial Statements

FAQ

What is Best Buy's services — revenue?
Best Buy (BBY) reported services — revenue of $835M in Q1 2026.
How has Best Buy's services — revenue changed year-over-year?
Best Buy's services — revenue increased by 4.9% year-over-year, from $796M to $835M.
What does services — revenue mean?
This metric tracks the gross income derived from the company's dedicated services division, encompassing professional installation, diagnostic services, and subscription-based support programs. It serves as a measure of the company's strategic shift toward high-margin service offerings to complement its core retail hardware business. Investors monitor this to evaluate the effectiveness of the company's service-led customer retention initiatives.

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