Best Buy Co., Inc.
investors.bestbuy.comWhat Do They Do?
Sells consumer technology products, appliances and related services to customers online, in stores and in their homes.
10-K for FY2026, filed Mar 18, 2026We were incorporated in the state of Minnesota in 1966. We are driven by our purpose to enrich lives through technology and our vision to…View ↗
Our Domestic and International segments are managed by leadership teams responsible for all areas of the business. Both segments operate an…View ↗
Our Domestic and International segments have offerings in six revenue categories. The key components of each revenue category are as…View ↗
How Do They Make Money?
Most revenue comes from product and service sales: customers pay for products when they take them home or receive delivery, and pay for services at purchase or completion. Memberships are paid at the start of their term, while marketplace commissions are earned when third-party sellers ship products.
10-K for FY2026, filed Mar 18, 2026Revenue RecognitionView ↗
Product revenue is recognized when the customer takes physical control, either in our stores or at their home. Any fees charged to…View ↗
We recognize revenue for services, such as delivery, installation, set-up, software troubleshooting, product repair and data services once…View ↗
For membership contracts (for example, our My Best Buy Plus™ or My Best Buy Total™ memberships), we are responsible for providing support…View ↗
We earn commissions from third-party sellers who offer products to customers on our online marketplace. Third‑party sellers are primarily…View ↗
-
10-K for FY2026, filed Mar 18, 2026
FY2026 revenue by reportable segment ↗
$41.7B
-
10-K for FY2026, filed Mar 18, 2026
$41.7B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Domestic
Sold outright
10-K for FY2026, filed Mar 18, 2026 |
92%
FY2023: 92%
|
Domestic, FY2026
$38.3B Sources
|
Sold outright |
|
International
Sold outright
|
8.2%
FY2023: 7.6%
|
International, FY2026
$3.4B Sources
|
Sold outright |
Who Are Their Customers?
Customers shop online, in stores and through in-home services; online product orders can be delivered or picked up at a Best Buy store or another pickup location.
10-K for FY2026, filed Mar 18, 2026We were incorporated in the state of Minnesota in 1966. We are driven by our purpose to enrich lives through technology and our vision to…View ↗
Our Domestic and International segments are managed by leadership teams responsible for all areas of the business. Both segments operate an…View ↗
Customers within our Domestic segment who purchase product online have the choice to have product delivered, or pick up product from a Best…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 3 cents of every revenue dollar as net income in FY2026 and turned 3 cents into free cash flow.
10-K for FY2026, filed Mar 18, 2026
$1.4BView ↗
10-K for FY2026, filed Mar 18, 2026
$1.1BView ↗
10-K for FY2026, filed Mar 18, 2026
$1.3BView ↗
How Are They Changing?
10-Q for Q2 FY2027, filed Sep 4, 2026
Open tableView ↗
-
Aug 3, 2026
Best Buy appointed Anne Bramman as CFO and named Jason Bonfig as incoming CEO
Bramman will become CFO on August 19; Bonfig is set to succeed Corie Barry on November 1.
Sources
8-K, filed Aug 3, 2026
(b) Best Buy Co., Inc. (the “Company” or “registrant”) announced today that Anne Bramman, age 58, has been appointed to serve as the…View ↗
-
Jun 22, 2026
CFO Matt Bilunas announced his departure
He was set to leave at the end of July as the company searched externally for a successor.
Sources
8-K, filed Jun 22, 2026
(b) Best Buy Co., Inc. (the “Company” or “registrant”) announced that Matt Bilunas, the Company’s Senior Executive Vice President, Chief…View ↗
-
Apr 22, 2026
Jason Bonfig named to succeed CEO Corie Barry
Barry planned to leave the CEO role and board at the end of October; Bonfig was appointed effective November 1.
Sources
8-K, filed Apr 22, 2026
(c), (d) Best Buy announced that Jason Bonfig, Best Buy’s Senior Executive Vice President, Customer Offering, Fulfillment and Best Buy…View ↗
Shrinking. Revenue fell 19% in 4 years, from $51.8B in FY2022 to $41.7B in FY2026, about 5% a year.
Loading...
