Best Buy Co Inc. (BBY) financial statements: income statement, balance sheet and cash flow
Best Buy Co Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jan 31, 2026 · FY), Best Buy Co Inc. reported revenue of $41.7B (+0.4% year on year) and net income of $1.1B (+15.3% year on year).
Income statement
Best Buy Co Inc. income statement, fiscal years
Line item
Jan 31, 2026 · FY
Feb 1, 2025 · FY
Feb 3, 2024 · FY
Jan 28, 2023 · FY
Revenue
$41.7B
$41.5B
$43.5B
$46.3B
Cost of sales
$32.3B
$32.1B
$33.8B
$36.4B
Gross profit
$9.4B
$9.4B
$9.6B
$9.9B
Selling, general and administrative expenses
$7.6B
$7.7B
$7.9B
$8.0B
Restructuring charges
$190.0M
($3.0M)
$153.0M
$147.0M
Goodwill and intangible asset impairments
$171.0M
—
—
—
Operating income
$1.4B
$1.3B
$1.6B
$1.8B
Gain (loss) on disposal of subsidiaries, net
($6.0M)
—
$21.0M
—
Investment income and other
$68.0M
$84.0M
$78.0M
$28.0M
Interest expense
($47.0M)
($51.0M)
($52.0M)
($35.0M)
Earnings before income tax expense and equity in income of affiliates
$1.4B
$1.3B
$1.6B
$1.8B
Income tax expense
$337.0M
$372.0M
$381.0M
$370.0M
Equity in income of affiliates
$2.0M
$4.0M
$1.0M
$1.0M
Net earnings
$1.1B
$927.0M
$1.2B
$1.4B
Basic earnings per share (in dollars per share)
$5.06
$4.31
$5.70
$6.31
Diluted earnings per share (in dollars per share)
$5.04
$4.28
$5.68
$6.29
Basic (in shares)
211.0M
215.2M
217.7M
224.8M
Diluted (in shares)
212.1M
216.6M
218.5M
225.7M
Best Buy Co Inc. income statement, quarters
Line item
Aug 1, 2026 · Q3
May 2, 2026 · Q2
Nov 1, 2025 · Q4
Aug 2, 2025 · Q3
Revenue
$9.8B
$8.9B
$9.7B
$9.4B
Cost of sales
$7.4B
$6.8B
$7.4B
$7.2B
Gross profit
$2.3B
$2.1B
$2.2B
$2.2B
Selling, general and administrative expenses
$1.9B
$1.7B
$1.9B
$1.8B
Restructuring charges
($6.0M)
($9.0M)
($5.0M)
$114.0M
Operating income
$421.0M
$370.0M
$198.0M
$251.0M
Loss on disposal of subsidiaries
$0
—
$0
($4.0M)
Investment income and other
$20.0M
$19.0M
$19.0M
$18.0M
Interest expense
($11.0M)
($11.0M)
($12.0M)
($12.0M)
Earnings before income tax expense and equity in income of affiliates
$430.0M
$378.0M
$205.0M
$253.0M
Income tax expense
$116.0M
$102.0M
$64.0M
$68.0M
Equity in income of affiliates
$1.0M
$0
($1.0M)
$1.0M
Net earnings
$315.0M
$276.0M
$140.0M
$186.0M
Basic earnings per share (in dollars per share)
$1.49
$1.31
$0.67
$0.88
Diluted earnings per share (in dollars per share)
$1.48
$1.31
$0.66
$0.87
Basic (in shares)
211.3M
210.4M
210.7M
211.5M
Diluted (in shares)
212.7M
211.3M
212.1M
212.0M
Balance sheet
Best Buy Co Inc. balance sheet, fiscal years
Line item
Jan 31, 2026 · FY
Feb 1, 2025 · FY
Feb 3, 2024 · FY
Jan 28, 2023 · FY
Cash and cash equivalents
$1.7B
$1.6B
$1.4B
$1.9B
Receivables, net
$1.0B
$1.0B
$939.0M
$1.1B
Merchandise inventories
$5.2B
$5.1B
$5.0B
$5.1B
Other current assets
$493.0M
$517.0M
$553.0M
$647.0M
Total current assets
$8.5B
$8.2B
$7.9B
$8.8B
Land and buildings
$734.0M
$722.0M
$702.0M
$688.0M
Leasehold improvements
$2.4B
$2.4B
$2.3B
$2.3B
Fixtures and equipment
$3.7B
$3.9B
$4.0B
$3.9B
Property under finance leases
$80.0M
$88.0M
$97.0M
$100.0M
Gross property and equipment
$6.9B
$7.1B
$7.1B
$7.0B
Less accumulated depreciation
$5.0B
$4.9B
$4.8B
$4.6B
Net property and equipment
$2.0B
$2.1B
$2.3B
$2.4B
Operating lease assets
$2.9B
$2.8B
$2.8B
$2.7B
Goodwill
$790.0M
$908.0M
$1.4B
$1.4B
Other assets
$521.0M
$695.0M
$669.0M
$520.0M
Total assets
$14.7B
$14.8B
$15.0B
$15.8B
Accounts payable
$4.7B
$5.0B
$4.6B
$5.7B
Short-term contract liabilities
$1.2B
$1.2B
$1.3B
$1.4B
Accrued compensation and related expenses
$423.0M
$464.0M
$486.0M
$405.0M
Accrued liabilities
$742.0M
$741.0M
$902.0M
$843.0M
Current portion of operating lease liabilities
$623.0M
$617.0M
$618.0M
$638.0M
Current portion of long-term debt
$11.0M
$10.0M
$13.0M
$16.0M
Total current liabilities
$7.7B
$8.0B
$7.9B
$9.0B
Long-term operating lease liabilities
$2.3B
$2.3B
$2.2B
$2.2B
Long-term debt
$1.2B
$1.1B
$1.2B
$1.2B
Long-term liabilities
$528.0M
$532.0M
$654.0M
$705.0M
Preferred stock, $1.00 par value: Authorized - 400,000 shares; Issued and outstanding - none
0
—
—
—
Common stock, $0.10 par value: Authorized - 1.0 billion shares; Issued and outstanding - 209.1 million and 211.4 million shares, respectively
22.0M
22.0M
22.0M
22.0M
Additional paid-in capital
$14.0M
—
$31.0M
$21.0M
Retained earnings
$2.6B
$2.5B
$2.7B
$2.4B
Accumulated other comprehensive income
$318.0M
$300.0M
$317.0M
$322.0M
Total equity
$3.0B
$2.8B
$3.1B
$2.8B
Total liabilities and equity
$14.7B
$14.8B
$15.0B
$15.8B
Best Buy Co Inc. balance sheet, quarters
Line item
Aug 1, 2026
May 2, 2026
Nov 1, 2025
Aug 2, 2025
Cash and cash equivalents
$2.3B
$1.7B
$923.0M
$1.5B
Receivables, net
$922.0M
$906.0M
$1.0B
$917.0M
Merchandise inventories
$6.3B
$5.6B
$8.0B
$5.8B
Other current assets
$508.0M
$487.0M
$640.0M
$688.0M
Total current assets
$10.0B
$8.7B
$10.6B
$8.9B
Property and equipment, net
$2.0B
$2.0B
$2.0B
$2.0B
Operating lease assets
$2.9B
$2.9B
$2.8B
$2.8B
Goodwill
$790.0M
$790.0M
$790.0M
$908.0M
Other assets
$464.0M
$503.0M
$548.0M
$606.0M
Total assets
$16.1B
$14.9B
$16.8B
$15.3B
Accounts payable
$6.0B
$5.1B
$7.3B
$5.7B
Contract with customer, liability
$1.1B
$1.1B
$1.1B
$1.1B
Accrued compensation and related expenses
$394.0M
$317.0M
$392.0M
$448.0M
Accrued liabilities
$763.0M
$665.0M
$689.0M
$684.0M
Current portion of operating lease liabilities
$614.0M
$614.0M
$619.0M
$610.0M
Current portion of long-term debt
$11.0M
$11.0M
$10.0M
$10.0M
Total current liabilities
$8.9B
$7.8B
$10.1B
$8.6B
Long-term operating lease liabilities
$2.4B
$2.3B
$2.3B
$2.3B
Long-term debt
$1.2B
$1.2B
$1.2B
$1.2B
Long-term liabilities
$480.0M
$509.0M
$556.0M
$528.0M
Preferred stock, $1.00 par value: Authorized - 400,000 shares; Issued and outstanding - none
0
0
0
0
Common stock, $0.10 par value: Authorized - 1.0 billion shares; Issued and outstanding - 210.4 million, 209.1 million and 210.4 million shares, respectively
22.0M
22.0M
22.0M
22.0M
Additional paid-in capital
$67.0M
$65.0M
$16.0M
$0
Retained earnings
$2.8B
$2.7B
$2.3B
$2.4B
Accumulated other comprehensive income
$310.0M
$319.0M
$309.0M
$313.0M
Total equity
$3.2B
$3.1B
$2.7B
$2.7B
Total liabilities and equity
$16.1B
$14.9B
$16.8B
$15.3B
Cash flow statement
Best Buy Co Inc. cash flow statement, fiscal years
Line item
Jan 31, 2026 · FY
Feb 1, 2025 · FY
Feb 3, 2024 · FY
Jan 28, 2023 · FY
Net earnings
$1.1B
$927.0M
$1.2B
$1.4B
Depreciation and amortization
$831.0M
$866.0M
$923.0M
$918.0M
Restructuring charges
$190.0M
($3.0M)
$153.0M
$147.0M
Goodwill and intangible asset impairments
$171.0M
—
—
—
Stock-based compensation
$139.0M
$139.0M
$145.0M
$138.0M
Deferred income taxes
$60.0M
($59.0M)
($214.0M)
$51.0M
Gain on sale of subsidiary, net
$6.0M
—
($21.0M)
—
Long-lived asset impairments
$21.0M
—
—
—
Other, net
$14.0M
$12.0M
$26.0M
$12.0M
Receivables
($3.0M)
($111.0M)
$204.0M
($103.0M)
Merchandise inventories
($126.0M)
($155.0M)
$178.0M
$809.0M
Other assets
$34.0M
$11.0M
($18.0M)
($21.0M)
Accounts payable
($238.0M)
$358.0M
($1.0B)
($1.1B)
Income taxes
($7.0M)
($212.0M)
$52.0M
$36.0M
Other liabilities
($199.0M)
($150.0M)
($174.0M)
($483.0M)
Total cash provided by operating activities
$2.0B
$2.1B
$1.5B
$1.8B
Additions to property and equipment
($704.0M)
($706.0M)
($795.0M)
($930.0M)
Purchases of investments
($1.0M)
($26.0M)
($9.0M)
($46.0M)
Disposal of subsidiary
($27.0M)
—
—
—
Sales of investments
$0
$20.0M
$7.0M
$7.0M
Other, net
$2.0M
$8.0M
$2.0M
$7.0M
Total cash used in investing activities
($730.0M)
($704.0M)
($781.0M)
($962.0M)
Repurchase of common stock
($273.0M)
($500.0M)
($340.0M)
($1.0B)
Issuance of common stock
$5.0M
$17.0M
$19.0M
$16.0M
Dividends paid
($801.0M)
($807.0M)
($801.0M)
($789.0M)
Repayments of debt
($13.0M)
($17.0M)
($19.0M)
($19.0M)
Other, net
($1.0M)
($2.0M)
($3.0M)
—
Total cash used in financing activities
($1.1B)
($1.3B)
($1.1B)
($1.8B)
Effect of exchange rate changes on cash
$6.0M
($10.0M)
($5.0M)
($8.0M)
Increase (decrease) in cash, cash equivalents and restricted cash
$155.0M
$75.0M
($460.0M)
($952.0M)
Cash, cash equivalents and restricted cash at beginning of period
$1.9B
$1.8B
$2.3B
$3.2B
Cash, cash equivalents and restricted cash at end of period
$2.0B
$1.9B
$1.8B
$2.3B
Income taxes paid (includes payments for purchased tax credits of $150 million, $267 million and $103 million, respectively)
$284.0M
$643.0M
$543.0M
$283.0M
Interest paid
$44.0M
$46.0M
$51.0M
$31.0M
Best Buy Co Inc. cash flow statement, quarters
Line item
Aug 1, 2026 · YTD
May 2, 2026 · Q2
Nov 1, 2025 · YTD
Aug 2, 2025 · YTD
Net earnings
$591.0M
$276.0M
$528.0M
$388.0M
Depreciation and amortization
$389.0M
$194.0M
$628.0M
$422.0M
Restructuring charges
($15.0M)
($9.0M)
$218.0M
$223.0M
Stock-based compensation
$74.0M
$40.0M
$106.0M
$75.0M
Deferred income taxes
$15.0M
$10.0M
$37.0M
$45.0M
Loss on disposal of subsidiaries
$0
—
$4.0M
$4.0M
Other, net
$1.0M
$1.0M
$6.0M
$4.0M
Receivables
$119.0M
$138.0M
$23.0M
$123.0M
Merchandise inventories
($1.1B)
($367.0M)
($2.9B)
($717.0M)
Other assets
$19.0M
$12.0M
$3.0M
($24.0M)
Accounts payable
$1.3B
$349.0M
$2.3B
$693.0M
Income taxes
($3.0M)
$42.0M
($133.0M)
($167.0M)
Other liabilities
($74.0M)
($311.0M)
($340.0M)
($286.0M)
Total cash provided by operating activities
$1.3B
$375.0M
$684.0M
$783.0M
Additions to property and equipment
($344.0M)
($160.0M)
($529.0M)
($341.0M)
Disposal of subsidiary
$0
—
($27.0M)
($27.0M)
Other, net
$5.0M
—
$1.0M
($1.0M)
Total cash used in investing activities
($339.0M)
($160.0M)
($555.0M)
($369.0M)
Repurchase of common stock
($36.0M)
$0
($200.0M)
($165.0M)
Dividends paid
($405.0M)
($202.0M)
($602.0M)
($403.0M)
Other, net
($2.0M)
$0
$4.0M
($6.0M)
Total cash used in financing activities
($443.0M)
($202.0M)
($808.0M)
($574.0M)
Effect of exchange rate changes on cash and cash equivalents
($3.0M)
$0
$5.0M
$5.0M
Increase (decrease) in cash, cash equivalents and restricted cash
$511.0M
$13.0M
($674.0M)
($155.0M)
Cash, cash equivalents and restricted cash at beginning of period
$2.0B
$2.0B
$1.9B
$1.9B
Cash, cash equivalents and restricted cash at end of period