Screener / SEC EDGAR /CIK 0000764478 /10-K filed Mar 18, 2026, compared with Mar 19, 2025 /Numbers from the XBRL of the 10-Ks
Consumer discretionary peers:
NYSE Consumer discretionary · Electronics Retail

Best Buy BBY

We were incorporated in the state of Minnesota in 1966. 10-K, Item 1

Employees
82,000
Headquarters
Richfield, MN
CEO
Jason J. Bonfig
Next results
around Nov 24, 2026
Compare with peers Embed

Where each dollar of revenue went, FY2026

Revenue of $41.7B through the costs to a net profit of $1.1B · income statement of the 10-K

3% operating margin
Revenue to Gross profit: $9.4BRevenue to Cost of revenue: $32.3BGross profit to Operating profit: $1.4BGross profit to Operating expenses: $8.0BOperating profit to Net profit: $1.1BOperating profit to Tax: $320.0M Revenue: $41.7B REVENUE $41.7B +0% Y/Y Gross profit: $9.4B · 22% margin GROSS PROFIT $9.4B 22% margin · +0% Y/Y Cost of revenue: $32.3B · 78% of revenue COST OF REVENUE $32.3B 78% of revenue Operating profit: $1.4B · 3% margin OPERATING PROFIT $1.4B 3% margin · +10% Y/Y Operating expenses: $8.0B · 19% of revenue OPERATING EXPENSES $8.0B 19% of revenue Net profit: $1.1B · 3% margin NET PROFIT $1.1B 3% margin · +15% Y/Y Tax: $320.0M · 1% of revenue TAX $320.0M 1% of revenue
Gross profit $9.4B 22% margin · +0% Y/Y
Operating profit $1.4B 3% margin · +10% Y/Y
Net profit $1.1B 3% margin · +15% Y/Y
The full income statement, year by year

BBY among Consumer discretionary peers

Six ratios from the latest 10-K. Each corner is the share of 46 peers the company is above, not a score.

Compare
Revenue growth: 0.4%, above 17% of 46 peers (their median 5.9%) REVENUE GROWTH 0.4% · above 17% Gross margin: 22.7%, above 20% of 30 peers (their median 42.2%) GROSS MARGIN 22.7% · above 20% Operating margin: 4.1%, above 8% of 39 peers (their median 16.0%) OPERATING MARGIN 4.1% · above 8% Net margin: 3.0%, above 7% of 46 peers (their median 11.0%) NET MARGIN 3.0% · above 7% FCF margin: 4.2%, above 20% of 44 peers (their median 9.5%) FCF MARGIN 4.2% · above 20% Return on capital: 24.3%, above 67% of 24 peers (their median 22.1%) RETURN ON CAPITAL 24.3% · above 67%
BBY Peer median Below the median

What changed

47 new risk paragraphs. 10-K filed Mar 18, 2026 against Mar 19, 2025.

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 11 checks found nothing to note

  • Receivables -0.1% vs revenue +0.4% (-0.5 pts)
  • Cash from operations $2.0B vs net income $1.1B (FY ending Jan 31, 2026)
  • Inventory +2.9% vs revenue +0.4% (+2.5 pts)
8 more checks with nothing to note
  • Same auditor in both 10-Ks: Deloitte & Touche LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No longer listed: Vendor Allowances - Domestic Reporting Segment; Goodwill - Best Buy Health Reporting Unit
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

47 paragraphs in Risk Factors that were not in the 10-K filed Mar 19, 2025. Quoted as filed.

All 47 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Mar 19, 2025 10-K, ITEM 1A
    While we directly import approximately 1% to 3% of our overall assortment, our global supply chain for consumer electronics is heavily reliant on vendor imports from foreign countries (including products sourced from China, Mexico and Southeast Asia). Consequently, our financial results are highly sensitive to changes in trade policies,…
  2. Item 1A · new paragraph · not in the 10-K filed Mar 19, 2025 10-K, ITEM 1A
    Geopolitical tensions may provoke further retaliatory actions by our trading partners that may increase costs, disrupt our supply chain and/or impact our business operations. China maintains significant control over the majority of rare earth elements, which are essential elements in many electronic devices. Should China reinstate its…
  3. Item 1A · new paragraph · not in the 10-K filed Mar 19, 2025 10-K, ITEM 1A
    Catastrophic events, including those driven or intensified by climate change, pose a growing risk to our operating results and financial performance. The frequency and severity of natural disasters or extreme weather events (such as storms, blizzards, extreme temperatures, earthquakes, hurricanes, floods, fires and droughts) are…
  4. Item 1A · new paragraph · not in the 10-K filed Mar 19, 2025 10-K, ITEM 1A
    We constantly strive to offer consumers the best value in a highly competitive retail sector. We compete against many local, regional, national and international retailers (both online and brick and mortar), as well as against some of our vendors and mobile network carriers that are leveraging their own direct-to-customer channels to…

New risk paragraphs, against peers

Latest 10-K of each, Consumer discretionary companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2023FY2024FY2025FY2026
Revenue$46.3B$43.5B$41.5B$41.7B
Net income$1.4B$1.2B$927.0M$1.1B
Operating cash flow$1.8B$1.5B$2.1B$2.0B
Free cash flow$894.0M$675.0M$1.4B$1.3B

Revenue, FY2017 to FY2026

Ten fiscal years, each from its own 10-K · XBRL · USD

$41.7B ▲ 0.4% in FY2026

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Every number, year by year

Recent filings

No new filings in the last 30 days · SEC EDGAR

All filings

Nothing new. The most recent filings:

  • 10-QSep 4, 2026
    Quarterly report (10-Q) period ended Aug 1, 2026
  • 8-KAug 27, 2026
    Quarterly results 8-K item 2.02
  • OfficerAug 3, 2026
    CEO and CFO change (the “Company” or “registrant”) announced today that Anne Bramman, age 58, has been appointed to serve as the Company’s Executive Vice President, Chief Financial Officer (“CFO”), effective August 19, 2026.
  • OfficerJun 22, 2026
    CFO change (the “Company” or “registrant”) announced that Matt Bilunas, the Company’s Senior Executive Vice President, Chief Financial Officer and Enterprise Strategy, will depart the Company effective July 31, 2026.

About the company

Best Buy, Richfield, MN · from the 10-K filed Mar 18, 2026

We were incorporated in the state of Minnesota in 1966. We are driven by our purpose to enrich lives through technology and our vision to personalize and humanize technology solutions for every stage of life. We accomplish this by leveraging our unique combination of tech expertise and a human touch to meet our customers’ everyday needs, whether they come to us online, visit our stores or invite us into their homes. We have operations in the U.S. and Canada.

Headquarters
Richfield, MN
Country
United States
Listed on
NYSE
Fiscal year ends
January 30
Last results
Aug 27, 2026
Incorporated in
MN

Employees, at the top of the page: "At the end of fiscal 2026, we employed approximately 82,000 employees in the U" (10-K). Address and exchange: SEC's company file.

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Sources

The 10-K filed Mar 18, 2026 (open at SEC), compared with the 10-K filed Mar 19, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/BBY/export.csv") into a cell.